Program areas at Community Improvement Corporation of Cuyahoga Falls
The organization maintains certain land known as parcel number 35-01540, 333 pleasant meadow boulevard (formerly the mud run gun club), which was previously donated by the city of Cuyahoga Falls for the purpose of revitalization and economic development. The organization applied for and received a brownfield remediation grant, administered by the state of Ohio, department of development in 2022. The cic entered into a professional service agreement with patriot engineering and environmental, inc. for the environmental remediation and project management for this project. Remediation is slated to commence in spring of 2023 and be complete by december 31, 2023. The total cost of the project is estimated to be 1,392,732.00. The brownfield remediation grant is for 1,044,549.00 and the 25% required funding match has been provided by the city of Cuyahoga Falls. There was no revenue or expenditure for this project/grant in 2022. All revenues and expenditures will be receipted in 2023.
Downtown events are organized throughout the year for the purpose of economic development of the downtown area and to provide the residents of Cuyahoga Falls and surround communities an opportunity to come together and celebrate their Community through music, cultural festivals, and similar events.
Who funds Community Improvement Corporation of Cuyahoga Falls
Grants from foundations and other nonprofits
Personnel at Community Improvement Corporation of Cuyahoga Falls
Name | Title | Compensation | Date of data |
---|
Diana Colavecchio | Vice President | $0 | 2023-09-26 |
Don Walters | President | $0 | 2022-12-31 |
Lori Jones | Secretary | $0 | 2022-12-31 |
Mary Spaugy | Treasurer | $0 | 2022-12-31 |
Sara Leedham Resigned | Past Treasurer | $0 | 2019-12-31 |
...and 6 more key personnel |
Financials for Community Improvement Corporation of Cuyahoga Falls
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $2,053,250 | $16,450 | 12381.8% |
Program services | $2,150 | $2,025 | 6.2% |
Investment income and dividends | $3,217 | $0 | 999% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $3,946 | $1,420 | 177.9% |
Total revenues | $2,062,563 | $19,895 | 10267.2% |
Organizations like Community Improvement Corporation of Cuyahoga Falls
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Riverside Development Corporation | 501(c)(4) | Holyoke, MA | $934,368 |
Greater Berks Development Fund | 501(c)(4) | Reading, PA | $4,581,165 |
Mid-Willamette Valley Intermodal Center | 501(c)(4) | Albany, OR | $1,835,320 |
Perry County Development Corp | 501(c)(4) | Tell City, IN | $680,411 |
Greenville Local Development Corporation | 501(c)(4) | Greenville, SC | $3,040,133 |
Poplar Bluff Industries | 501(c)(4) | Poplar Bluff, MO | $1,047,361 |
City of Spartanburg Development Corporation | 501(c)(4) | Spartanburg, SC | $700,863 |
Clinton Regional Development Corporation | 501(c)(4) | Clinton, IA | $529,491 |
Greater Wilkes-Barre Industrial Fund | 501(c)(4) | Wilkesbarre, PA | $2,473,653 |
Livingston County Development Corporation | 501(c)(4) | Geneseo, NY | $784,839 |
Data update history
November 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 30, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 4, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
Partially liquidatedState / local levelReceives government fundingNo full-time employees
General information
- Address
- 2310 2nd St
- Cuyahoga Falls, OH 44221
- Metro area
- Akron, OH
- County
- Summit County, OH
- Phone
- (330) 971-8137
IRS details
- EIN
- 34-1719633
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1970
- 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
- Independent
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