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Nonprofit · EIN 20-1286318

EUCLID AVENUE DEVELOPMENT CORPORATION

Tax-exempt · CLEVELAND, OH 44115

Financials

$24M$24.7M2022$22.6M$26.1M2023$26M$26.4M2024
Revenue Expenses · by fiscal year end
Financials of EUCLID AVENUE DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$25,961,412$26,446,858-$485,446$225,591,957$241,920,721-$16,328,764
June 30, 2024990$22,578,456$26,052,041-$3,473,585$221,258,053$236,922,562-$15,664,509
June 30, 2023990$24,003,702$24,684,931-$681,229$242,061,337$239,939,429$2,121,908
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$25,187,969
Investment income
$773,443
Net gain from sales of assets
$577,302
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$23,244
Occupancy
$6,181,615
Travel
$3,584
Depreciation
$5,124,356
Program services (functional)
$25,945,056
Management and general (functional)
$501,802

Balance sheet and other

Total assets, start of year
$221,258,053
Total assets, end of year
$225,591,957
Total liabilities, end of year
$241,920,721
Net assets, end of year
-$16,328,764
Land, buildings and equipment
$171,977,812
Publicly traded securities
$16,974,636
Net assets without donor restrictions
-$16,328,764
Gross receipts
$29,311,379
Employees
0
Volunteers
3
Year formed
2001
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SONALI WILSONSECRETARY & TREASURER
Trustee or director, Officer
1$0$257,198$69,390
David JEWELLFormer President
Former
3$0$260,286$21,537
NICOLE ADDINGTONPRESIDENT
Trustee or director, Officer
2$0$198,279$16,447
BRENDA WENDTVICE PRESIDENT
Trustee or director, Officer
2$0$0$0
JOAN CHASECOMMUNITY BOARD MEMBER
Trustee or director
1$0$0$0
TOM ADLERCOMMUNITY BOARD MEMBER
Trustee or director
1$0$0$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
David JewellPresident
Trustee or director, Officer
3$0$315,381$30,471
Sonali WilsonSecretary & Treasurer
Trustee or director, Officer
1$0$253,520$65,809
Nicole AddingtonVice President
Trustee or director, Officer
2$0$182,026$14,952
Mark LammonCommunity Board Member
Trustee or director
1$0$0$0
Kevin NowakCommunity Board Member
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
David JewellPresident
Trustee or director, Officer
2$0$304,199$73,921
Sonali WilsonSecretary & Treasurer
Trustee or director, Officer
1$0$247,024$63,212
Nicole AddingtonVice President
Trustee or director, Officer
3$0$180,744$27,451
Mark LammonCommunity Board Member
Trustee or director
1$0$0$0
Kevin NowakCommunity Board Member
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
2121 EUCLID AVE, CLEVELAND, OH 44115-2214
In care of
% CLEVELAND STATE UNIVERSITY
Principal officer (990 for 2024)
NICOLE ADDINGTON, 2121 Euclid Ave, Cleveland, OH 44115
Signed the 990
NICOLE ADDINGTON, PRESIDENT
Phone
(216) 635-6117
Return prepared by
Plante & Moran PLLC

Mission

SEE SCHEDULE O

990 for the year ended June 30, 2025

Program accomplishments

  • TO FURTHER THE EDUCATIONAL MISSION OF CLEVELAND STATE UNIVERSITY BY DEVELOPING AND OWNING HOUSING FOR THE STUDENTS, FACULTY, AND STAFF OF THE UNIVERSITY.
    Expenses $25,945,056 · revenue $25,187,969

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-1286318
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2004
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B19)
Assets (IRS master file)
$225,591,957
Income (IRS master file)
$29,311,379

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$25,961,412$26,446,858$225,591,957XML
990June 2024$22,578,456$26,052,041$221,258,053IRS
990June 2023$24,003,702$24,684,931$242,061,337XML
990June 2022$8,360,869$9,897,821$87,945,657IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1286318).

Questions about EUCLID AVENUE DEVELOPMENT CORPORATION

What is the EIN of EUCLID AVENUE DEVELOPMENT CORPORATION?
The employer identification number (EIN) of EUCLID AVENUE DEVELOPMENT CORPORATION is 20-1286318.
Is EUCLID AVENUE DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to EUCLID AVENUE DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does EUCLID AVENUE DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of EUCLID AVENUE DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EUCLID AVENUE DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of EUCLID AVENUE DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 names NICOLE ADDINGTON.
Who are the officers and directors of EUCLID AVENUE DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does EUCLID AVENUE DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $25,961,412, expenses of $26,446,858 and total assets of $225,591,957 at year end.

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