CLEVELAND CITYWIDE DEVELOPMENT CORPORATION

EIN: 341344474 501(c)(3) Community Improvement

Cleveland, OH

Total Revenue
$838,637
Total Expenses
$818,214
Total Assets
$1,307,823
Net Assets
$254,128
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
OH
Phone
2166960767
Tax Period
2024-01-01 to 2024-12-31

CLEVELAND CITYWIDE DEVELOPMENT CORPORATION, founded in 1981, is a small nonprofit in the Community Improvement sector that reported $839K in total revenue in fiscal year 2024.

Mission

CCDCs purpose is to review and process grants, loans, tax incremental financing and provide other assistance to eligible businesses/others within the city of Cleveland. This assistance is designed to promote economic growth and to retain or increase employment within the city.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $664,455
Program Service Revenue $0
Investment Income $723
Other Revenue $173,459
TOTAL REVENUE $838,637

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $664,455
Other Expenses $818,214
TOTAL EXPENSES $818,214

Year-over-Year Comparison

2024 2023 Change
Revenue $838,637 $830,405 +0.0%
Expenses $818,214 $866,560 -0.1%
Net Income $20,423 $-36,155 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Roger Carney Board of Trustees LRC 2.00
Director
$0 $0 $0
Anthony Hairston Board MemberLRC 2.00
Director
$0 $0 $0
Juan Hernandez Board Member 1.00
Director
$0 $0 $0
Dale R Lenzer Board MemberLRC 2.00
Director
$0 $0 $0
N Michael Obi Board Member 1.00
Director
$0 $0 $0
Zulma Zabala Board Member 1.00
Director
$0 $0 $0
Dana Capers Board Member 1.00
Director
$0 $0 $0
J Stefan Holmes CCDC Board Vice President 3.00
Director
$0 $0 $0
Tyson Mitchell Board Member 1.00
Director
$0 $0 $0
Jeffrey T Verespej LRC Board Member 1.00
Director
$0 $0 $0
Alyssa Hernandez Board Member 1.00
Officer Director
$0 $0 $0
Henry West CCDC Board Treasurer 1.00
Officer Director
$0 $0 $0
Thomas S McNair CCDC Board Secretary 1.00
Officer Director
$0 $0 $0
Dan Rehor Fiscal Manager 40.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $838,637 $818,214 $1,307,823 $20,423
2023 $830,405 $866,560 $1,801,546 $-36,155
2022 $2,154,717 $2,021,033 $2,744,592 $133,684
2021 $1,358,976 $1,299,935 $3,215,300 $59,041
2020 $2,040,083 $2,172,160 $2,376,686 $-132,077
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