2024-08-09T14:23:02-04:00 2023-12-31 341897853 CRUM & COMPANY 1640 AKRON PENINSULA RD STE 102 AKRON OH 44313 990 2023-01-01 341301009 URBAN NEIGHBORHOOD DEVELOPMENT CORP URBA 3303752696 166 S HIGH STREET ROOM 400 AKRON OH 44308 FREDERICK WHEAT PROGRAM MANAGER 3303752696 2024-07-20 true false KEVIN K CRUM P00255436 3308671222 2024-07-11 2023 2024-08-08 14:25:15Z FREDERICK WHEAT 166 S HIGH STREET ROOM 400 AKRON OH 44308 809003 false X WWW.AKRONOHIO.GOV X 1978 OH URBAN NEIGHBORHOOD DEVELOPMENT CORPORATION IS A NON PROFIT ORGANIZATION FOR THE CITY OF AKRON, OHIO. WE CONSTRUCT QUALITY, AFFORDABLE HOUSING IN AKRON. OUR FOCUS IS TO REVITALIZE AND STABILIZE COMMUNITIES WITH SAFE, SECURE HOUSING. WE UPLIFT COMMUNITIES WHERE PEOPLE CAN WORK, LIVE, THRIVE AND PLAY. 5 5 0 5 0 550000 0 10 -344828 0 10 205172 0 0 0 0 0 45941 13068 45941 13068 -45931 192104 264998 457102 20460 20460 244538 436642 X URBAN NEIGHBORHOOD DEVELOPMENT CORPORATION IS A NON PROFIT ORGANIZATION FOR THE CITY OF AKRON, OHIO. WE CONSTRUCT QUALITY, AFFORDABLE HOUSING IN AKRON. OUR FOCUS IS TO REVITALIZE AND STABILIZE COMMUNITIES WITH SAFE, SECURE HOUSING. WE UPLIFT COMMUNITIES WHERE PEOPLE CAN WORK, LIVE, THRIVE AND PLAY. false false 9419 THE URBAN NEIGHBORHOOD DEVELOPMENT CORPORATION (UNDC) IS A NON-PROFIT CORPORATION ADMINISTERED BY THE DEPARTMENT OF PLANNING & URBAN DEVELOPMENT, WHICH CONTRACTS AND OVERSEES THE CONSTRUCTION OF NEW SINGLE-FAMILY HOMES ON SCATTERED SITES AROUND THE CITY. THE OBJECTIVE IS TO PROMOTE THE REVITALIZATION OF THE URBAN NEIGHBORHOODS THROUGH NEW PRIVATE MARKET HOUSING FOR MODERATE AND MIDDLE-INCOME FAMILIES. THE UNDC TYPICALLY BUILDS NEW HOMES ON LOTS WHERE DILAPIDATED STRUCTURES HAVE BEEN DEMOLISHED, RETURNING PREVIOUSLY BLIGHTED NEIGHBORHOODS TO A STABILIZED NEW HOUSING MARKET AREA. THE NEW HOMES ARE GENERALLY PRICED AT MARKET VALUE. EACH NEW HOME FEATURES AT LEAST 3 BEDROOMS, 1-1/2 BATHS, LIVING ROOM, FAMILY ROOM, AND A 2-CAR GARAGE. COMMUNITY DEVELOPMENT FUNDS ARE USED FOR UNDC HOUSES SOLD TO LOW AND MODERATE INCOME FAMILIES. UNDC ALSO UTILIZES AVAILABLE GRANTS AND NEIGHBORHOOD STABILIZATION PROGRAM FUNDS TO BUILD NEW HOUSING WITH BUYER ASSISTANCE. SINCE INCEPTION, THE UNDC HAS BUILT OVER 400 NEW HOMES. 9419 true true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true false true false false false OH X FREDERICK WHEAT 3303752696 166 S HIGH STREET ROOM 400 AKRON OH 44308 X TONY CRASI TRUSTEE 1.00 X 0 0 0 DAVID HONIG CHAIR 1.00 X X 0 0 0 JENNIFER RODGERS TRUSTEE 1.00 X 0 0 0 TAMELA SKIPPER TRUSTEE 1.00 X 0 0 0 ADELE TUBBS TRUSTEE 1.00 X 0 0 0 FREDERICK WHEAT PROGRAM MANA 14.00 X 0 0 0 false false false 550000 550000 259003 603831 -344828 -344828 -344828 205172 -344828 3441 3441 83 83 4160 4160 REAL ESTATE TAX 4449 4449 MISCELLANEOUS 699 699 REGISTRATION FEES 125 125 RECORDING FEES 111 111 13068 9419 3649 0 107538 388702 157460 68400 264998 457102 20460 20460 20460 20460 X 244538 436642 244538 436642 264998 457102 192104 X false false false X 70000 550000 620000 25170 25170 25170 25170 100680 25170 95170 25170 25170 550000 720680 720680 431 163 51 10 655 721335 10000 0.99910 0.99630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED UNIMPROVED LOTS 68400 68400 FORM 990 - ORGANIZATION'S MISSION URBAN NEIGHBORHOOD DEVELOPMENT CORPORATION IS A NON PROFIT ORGANIZATION FOR THE CITY OF AKRON, OHIO. WE CONSTRUCT QUALITY, AFFORDABLE HOUSING IN AKRON. OUR FOCUS IS TO REVITALIZE AND STABILIZE COMMUNITIES WITH SAFE, SECURE HOUSING. WE UPLIFT COMMUNITIES WHERE PEOPLE CAN WORK, LIVE, THRIVE AND PLAY. FORM 990, PAGE 2, PART III, LINE 4A THE URBAN NEIGHBORHOOD DEVELOPMENT CORPORATION (UNDC) IS A NON-PROFIT CORPORATION ADMINISTERED BY THE DEPARTMENT OF PLANNING & URBAN DEVELOPMENT, WHICH CONTRACTS AND OVERSEES THE CONSTRUCTION OF NEW SINGLE-FAMILY HOMES ON SCATTERED SITES AROUND THE CITY. THE OBJECTIVE IS TO PROMOTE THE REVITALIZATION OF THE URBAN NEIGHBORHOODS THROUGH NEW PRIVATE MARKET HOUSING FOR MODERATE AND MIDDLE-INCOME FAMILIES. THE UNDC TYPICALLY BUILDS NEW HOMES ON LOTS WHERE DILAPIDATED STRUCTURES HAVE BEEN DEMOLISHED, RETURNING PREVIOUSLY BLIGHTED NEIGHBORHOODS TO A STABILIZED NEW HOUSING MARKET AREA. THE NEW HOMES ARE GENERALLY PRICED AT MARKET VALUE. EACH NEW HOME FEATURES AT LEAST 3 BEDROOMS, 1-1/2 BATHS, LIVING ROOM, FAMILY ROOM, AND A 2-CAR GARAGE. COMMUNITY DEVELOPMENT FUNDS ARE USED FOR UNDC HOUSES SOLD TO LOW AND MODERATE INCOME FAMILIES. UNDC ALSO UTILIZES AVAILABLE GRANTS AND NEIGHBORHOOD STABILIZATION PROGRAM FUNDS TO BUILD NEW HOUSING WITH BUYER ASSISTANCE. SINCE INCEPTION, THE UNDC HAS BUILT OVER 400 NEW HOMES. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS MADE AVAILABLE TO BOARD MEMBERS VIA A SECURE INTERNET PORTAL. MEMBERS ARE ASKED TO REVIEW THE FORM AND PROVIDE FEEDBACK IN A TIMELY MANNER. FORM 990, PAGE 6, PART VI, LINE 12C TRUSTEES ARE REQUIRED TO NOTIFY THE BOARD OF ANY POTENTIAL CONFLICTS OF INTEREST. BOARD MEMBERS VOLUNTARILY ABSTAIN ON VOTING ON ANY CONFLICTING ISSUES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.