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North Akron Community Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 821696531 ✦ Akron, OH ✦ Designated as a 501(c)(3)

Overview

What is North Akron Community Development Corp?

North Akron Community Development Corp is a nonprofit organization dedicated to stimulating economic growth in Akron's northern neighborhoods. They achieve this goal through creative placemaking and fostering social cohesion. Their key initiatives include the Backyard 771 North main St Development and the NOHI Kitchen Incubator, which offer a platform for local culinary entrepreneurs to showcase their art every weekend. The revenue generated from these events is directly distributed to the participating entrepreneurs, providing them with an opportunity to grow their businesses. By supporting local talent and revitalizing the community, North Akron Community Development Corp contributes to the overall improvement of Akron's northern neighborhoods.


Is North Akron Community Development Corp legitimate?

North Akron Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Akron Community Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $172,431

For more financial information, click here


What is the mission statement of North Akron Community Development Corp?
Who is the CEO of North Akron Community Development Corp?
What is the revenue of North Akron Community Development Corp?
Who are the executives of North Akron Community Development Corp and what are their salaries?
Where can I find the form 990 for North Akron Community Development Corp?

Mission Statement of North Akron Community Development Corp

The North Akron Community Development Corp serves as a catalyst for driving economic development in Akron's northern neighborhoods. This organization employs creative placemaking strategies and works towards fostering social cohesion, aiming to improve the overall condition of these areas. A notable initiative under their umbrella is the Backyard 771 North main St Development and NOHI Kitchen Incubator, which provides a platform for various culinary artists to showcase their skills every weekend. The income generated from these events is directly channeled back to these entrepreneurs, thereby supporting their endeavors. In essence, the North Akron Community Development Corp seeks to revitalize Akron's northern neighborhoods by promoting economic growth and strengthening community bonds.

Impact

This information is meant to be a general summary of North Akron Community Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

North Akron Community Development Corp's impact can be seen in the positive transformation of Akron's Northern Neighborhoods. Through their creative placemaking initiatives and focus on economic development, the organization is effectively revitalizing and improving the community. The Backyard 771 North main St Development and NOHI Kitchen Incubator are not only providing a platform for culinary art entrepreneurs to showcase their talents but also contributing to the economic growth of the area. By hosting these entrepreneurs and directing all earned revenue back to them, North Akron Community Development Corp is fostering local talent and supporting small businesses in a sustainable way. Their dedication to building social cohesion and driving economic development is making a tangible difference in Akron's Northern Neighborhoods.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $111,427
  • Gross Receipts: $474,414

    • Assets and Liabilities:
  • Total Assets: $444,984
  • Total Liabilities: $18,293
  • Net Assets: $426,691
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    NOHI Pop-Up Revenue

    Revenue

    $106,349

    Nohi Marketplace

    Revenue

    $4,100

    Peoples Park Revenue

    Revenue

    $978

    Organization Details

    Founding Year

    2017

    Principal Officer

    Michael Gintert

    Main Address

    760 Elma St, Akron, OH, 44310

    NTEE Category

    Code: S20 - Community improvement

    If you are a representative of North Akron Community Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.