AKRON DEVELOPMENT CORPORATION
AKRON,
Ohio,
44308
EIN: 34-1308327
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
166 SOUTH HIGH STREET 202
44308
COUNTY
summit county, OH
IN CARE OF NAME
KEN BURNS
ORGANIZATIONAL OVERVIEW & RANKINGS
AKRON DEVELOPMENT CORPORATION is a based in AKRON, OH, focused on Community Improvement, Capacity Building causes , specifically Urban, Community Economic Development. Established in September 2009, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $5,370,661.00, this ranks 86,541 among 2,656,690 nonprofits nationally (Top 4%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 3,122 out of 105,194 organizations in OH (Top 3%).
In summit county, OH, the organization ranks 147 out of 4,429 nonprofits by assets (Top 4%), while locally in akron, it stands at 97 among 2,108 organizations (Top 5%).
The organization reported annual revenue of $492,572.00, ranking 184,464 nationally (Top 7%) and 6,993 in OH (Top 7%).
Within its specific NTEE classification (S31 - S: Community Improvement, Capacity Building), which includes 2,490 similar organizations, AKRON DEVELOPMENT CORPORATION ranks 118 in assets (Top 5%) and 307 in revenue (Top 13%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Other activity aimed t combating community deterioration
Attracting new industry or retaining industry in an area
Community promotion
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S31: Urban, Community Economic Development
FOUNDATION CODE
17: Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above. 509(a)(3)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$492,572.00
FORM 990 REVENUE AMOUNT
$492,572.00
RULING DATE
09/2009
ASSET CODE
7: $5,000,000 to $9,999,999
ASSET AMOUNT
$5,370,661.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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