EIN 31-0821189

Citywide Development Corporation

IRS 501(c) type
501(c)(4)
Num. employees
16
City
State
Year formed
1973
Most recent tax filings
2023-12-01
Description
Citywide Development Corporation strengthens and grows Dayton through strategic economic and community development. Citywide and its affiliates closed $26.5m in loans for projects totaling $50.4m of investment, creating 241 jobs in the Dayton region. In 2020, Citywide's subsidiary community development entity (CDE), Dayton Region New Market Fund (DRNMF), participated in the F...
Total revenues
$7,566,754
2023
Total expenses
$5,276,998
2023
Total assets
$45,189,908
2023
Num. employees
16
2023

Program areas at Citywide Development Corporation

Citywide and affilites closed a total of $62.7m in loans for projects totaling $222m of investment creating 826 jobs in the dayton region. Dayton region new market fund (drnmf), an affiliate of Citywide Development corp., placed over $58m in federal and $2m in state new market tax credits to facilitate the financing of the ronald mcdonald house, sp rotunda, dayton children's, and homefull. Citywide remains highly active in the tech town project, which offers a unique technology support system that encourages collaboration, business acceleration, and technology commercialization. Citywide also continues to be the lead organization in dayton for the design and implementation of comprehensive community Development.

Grants made by Citywide Development Corporation

GranteeGrant descriptionAmount
Friends of the Dayton ArcadeEconomic Development$2,616,497
County CorporationHomebuyer Assistance$100,000

Financials for Citywide Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$5,926,890
Program services$781,746
Investment income and dividends$610,021
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$248,097
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,566,754
Data update history
November 4, 2024
Updated personnel
Identified 8 new personnel
August 31, 2024
Updated personnel
Identified 4 new personnel
August 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 24, 2024
Posted financials
Added Form 990 for fiscal year 2021
September 24, 2023
Received grants
Identified 1 new grant, including a grant for $100,000 from Homeownership Center of Greater Dayton
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government funding
General information
Address
8 N Main St
Dayton, OH 45402
Metro area
Dayton-Kettering, OH
County
Montgomery County, OH
Website URL
citywidedev.com/ 
Phone
(937) 853-2529
IRS details
EIN
31-0821189
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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