EIN 34-1234007

Euclid Development Corporation

Name: Euclid Development Corporation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Financials|Peers

IRS 501(c) type

501(c)(3)

Num. employees

City

Euclid

State

Ohio

Year formed

1977

Most recent tax filings

2023-12-01

NTEE code, primary

S31: Urban, Community Economic Development

Description

Euclid Development Corporation is an urban development organization in Euclid, OH whose mission is: To promote and encourage residential development and revitalization within the City of Euclid.

Total revenues

$199,556

2023

Total expenses

$181,020

2023

Total assets

$2,920,922

2023

Num. employees

2023

Program areas at Euclid Development Corporation

Home improvement loans and loans to repair violations for qualifying homeowners within the City of Euclid.

Financials for Euclid Development Corporation

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$182,043	$186,900	-2.6%
Program services	$0	$0	-
Investment income and dividends	$16,553	$18,408	-10.1%
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	$960	$1,815	-47.1%
Total revenues	$199,556	$207,123	-3.7%

Organizations like Euclid Development Corporation

Organization	Type	Location	Revenue
Hagerstown Neighborhood Development Partnership	501(c)(3)	Hagerstown, MD	$139,199
Olive Hill Community Economic Development Corporation	501(c)(3)	Morganton, NC	$130,049
The Peoples Community Development Corporation	501(c)(3)	Syracuse, NY	$243,986
Webster County Improvement Corporation	501(c)(3)	Fort Dodge, IA	$217,954
Citizens United for Redevelopment and Economic Stability of Chester	501(c)(3)	Chester, SC	$134,324
Development Corporation of Columbia Heights (DCCH)	501(c)(3)	Washington, DC	$659,745
Urban Erie Community Development Corporation	501(c)(3)	Erie, PA	$962,029
Cumberland Empowerment Zone Corpora	501(c)(3)	Millville, NJ	$553,521
Gateway Community Development Corporation / Gateway CDC	501(c)(3)	Yazoo City, MS	$747,083
FCP Services	501(c)(3)	Tarentum, PA	$286,033

Data update history

February 26, 2025

Posted financials

Added Form 990 for fiscal year 2023

February 21, 2025

Updated personnel

Identified 10 new personnel

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

June 18, 2023

Posted financials

Added Form 990 for fiscal year 2022

June 15, 2023

Updated personnel

Identified 2 new personnel

Nonprofit Types

Public sector nonprofitsBusiness and community development organizationsCharities

Issues

Human servicesCommunity improvementHousingEconomic development

Characteristics

State / local levelReceives government fundingTax deductible donationsAccepts online donations

General information

Address: 585 E 222nd St; Euclid, OH 44123
Metro area: Cleveland-Elyria, OH
County: Cuyahoga County, OH
Website URL: edcor.org/
Phone: (216) 289-4625

IRS details

EIN: 34-1234007
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1977
Eligible to receive tax-deductible contributions (Pub 78): Yes

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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Euclid Development Corporation

Program areas at Euclid Development Corporation

Financials for Euclid Development Corporation

Organizations like Euclid Development Corporation

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