Nonprofit · EIN 34-1365690
EAST AKRON NEIGHBORHOOD DEVELOPMENT CORPORATION
Tax-exempt · AKRON, OH 44306
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,123,202 | $3,622,328 | -$499,126 | $39,050,737 | $20,867,714 | $18,183,023 |
| December 31, 2023 | 990 | $6,136,803 | $4,268,914 | $1,867,889 | $37,078,289 | $18,396,140 | $18,682,149 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,177,944
- of which government grants
- $2,171,394
- Program service revenue
- $1,025,590
- Investment income
- $240,881
- Net rental income
- -$430,973
- Other revenue
- -$321,213
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $349,134
- Other salaries and wages
- $1,195,351
- Salaries, compensation and benefits (total)
- $2,056,059
- Professional fundraising fees
- $0
- Legal fees
- $131,552
- Accounting fees
- $91,300
- Occupancy
- $24,804
- Travel
- $1,417
- Depreciation
- $32,718
- Program services (functional)
- $1,896,910
- Management and general (functional)
- $1,725,418
Balance sheet and other
- Total assets, start of year
- $37,078,289
- Total assets, end of year
- $39,050,737
- Total liabilities, end of year
- $20,867,714
- Net assets, end of year
- $18,183,023
- Land, buildings and equipment
- $17,375,509
- Net assets without donor restrictions
- $14,580,677
- Net assets with donor restrictions
- $3,602,346
- Gross receipts
- $8,262,084
- Employees
- 45
- Volunteers
- 0
- Year formed
- 1982
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHERYL STEPHENS | PRESIDENT/CEO Officer | 40 | $199,266 | $12,768 |
| TAMMARA HUMBERT | CHIEF FINANCIAL OFFICER Trustee or director, Officer | 40 | $136,050 | $1,050 |
| EMILY CROPPER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT DEJOUMETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JASON DODSON | LEGAL COUNSEL Trustee or director | 1 | $0 | $0 |
| ERIN WOJNO DEMIRAY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KELLIE PARKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TRACEY LANIER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MICHAEL KELLY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOSEPH GEORGE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DANIEL ROBERSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JOHN HICKEY | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TODD DONLEY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DAN DEVILLE | BOARD VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DANA LAWLESS-ANDRIC | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YUVONNE WEBB | BOARD MEMBER Trustee or director | 1 | $0 |
| BRANDON ROBERTS | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHERYL STEPHENS | PRESIDENT/CEO Officer | 40 | $181,960 | $11,674 |
| TODD BRAGG | CHIEF FINANCIAL OFFICER Former | 40 | $104,089 | $0 |
| TAMMARA HUMBERT | CHIEF FINANCIAL OFFICER Trustee or director, Officer | 40 | $8,000 | $0 |
| EMILY CROPPER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT DEJOUMETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JASON DODSON | LEGAL COUNSEL Trustee or director | 1 | $0 | $0 |
| ERIN WOJNO DEMIRAY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KELLIE PARKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TRACEY LANIER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MICHAEL KELLY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOSEPH GEORGE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DANIEL ROBERSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JOHN HICKEY | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TODD DONLEY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DAN DEVILLE | BOARD VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DANA LAWLESS-ANDRIC | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| YUVONNE WEBB | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRANDON ROBERTS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 550 S ARLINGTON ST, AKRON, OH 44306-1740
- Principal officer (990 for 2024)
- CHERYL STEPHENS, 550 S ARLINGTON ST, AKRON, OH 443061740
- Signed the 990
- CHERYL STEPHENS, PRESIDENT/CEO
- Phone
- (330) 773-6838
- Website
- WWW.EANDC.ORG
- Return prepared by
- NOVOGRADAC & COMPANY LLP
Mission
SEE SCHEDULE O
Program accomplishments
- ENERGY SERVICES.ENERGY SERVICES EANDC PROVIDES FOR THE ENERGY EFFICIENCY AND IMPROVEMENT OF EXISTING HOUSING IN THE AKRON AREA BY PROVIDING A VARIETY OF PROGRAMS TO ELIGIBLE HOUSEHOLDS SUCH AS EMERGENCY HOME REPAIR, HOUSEWARMING, AND THE ELECTRIC PARTNERSHIP PROGRAMS.Expenses $1,410,599 · revenue $647,795
- COMMUNITY BUILDING AND ENGAGEMENT. EANDC PROVIDES OUTREACH PROGRAMS AND EVENTS, UTILIZING OPEN DIALOGUE AND FOSTERING DIVERSE VOICES TO CONTRIBUTE TO SHAPING OUTCOMES, OFTEN IN COORDINATION WITH LOCAL INDIVIDUALS, STAKEHOLDERS, AND SERVICE AGENCIES, TO ENGAGE IN COMMUNITY DISCUSSIONS, DECISION-MAKING, AND ACTIVITIES THAT IMPACT THEIR COLLECTIVE WELL-BEING. THE AIM IS TO BUILD TRUST, FOSTER COLLABORATION, AND CREATE SOLUTIONS THAT BENEFIT THE COMMUNITY AND THE RESIDENTS OF THE NEIGHBORHOODS THAT EANDC SERVES. THE GOAL IS TO EMPOWER INDIVIDUALS AND GROUPS TO PLAY AN ACTIVE ROLE IN SHAPING THE DECISIONS AND ACTIONS THAT AFFECT THEIR COMMUNITIES AND WITH EANDC CREATING THESE CONNECTIONS, WORK TO DRIVE POSITIVE SOCIAL CHANGE, IMPROVE SERVICES, AND PROMOTE LONG-TERM SUSTAINABILITY WITHIN THE COMMUNITY.Expenses $70,914 · revenue $75,915
- AFFORDABLE HOUSING OPERATIONS. EANDC WAS ORGANIZED FOR THE PURPOSE OF ENHANCING THE COMMUNITY OF EAST AKRON AND OTHER COMMUNITIES PRIMARILY LOCATED IN SUMMIT AND STARK COUNTY OHIO WITH A SPECIAL EMPHASIS ON PROVIDING ECONOMIC DEVELOPMENT OPPORTUNITIES FOR LOW AND MODERATE-INCOME INDIVIDUALS AND FAMILIES.EANDC CURRENTLY MANAGES 360 SCATTERED SITE SINGLE FAMILY HOMES, TWO 40-UNIT SENIOR CITIZENS BULDINGS, A 6-UNIT AND 10-UNIT APARTMENT BUILDING, A 34-UNIT AND 50-UNIT MULTIFAMILY HOUSING PROJECT, A 25-UNIT TOWNHOME AND 6-UNIT APARTMENT BUILDING COMMUNITY, AND A 30-UNIT MULTIFAMILY TOWNHOME COMMUNITY IN AKRON, OHIO, WHICH ARE OWNED BY THE PROJECT ENTITIES.Expenses $415,397 · revenue $221,548
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 34-1365690
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1982
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L810)
- Assets (IRS master file)
- $39,050,737
- Income (IRS master file)
- $8,262,084
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,123,202 | $3,622,328 | $39,050,737 | XML |
| 990 | December 2023 | $6,136,803 | $4,268,914 | $37,078,289 | XML |
| 990 | December 2022 | $3,620,171 | $3,323,954 | $35,680,413 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 34-1365690).
Questions about EAST AKRON NEIGHBORHOOD DEVELOPMENT CORPORATION
- What is the EIN of EAST AKRON NEIGHBORHOOD DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of EAST AKRON NEIGHBORHOOD DEVELOPMENT CORPORATION is 34-1365690.
- Is EAST AKRON NEIGHBORHOOD DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to EAST AKRON NEIGHBORHOOD DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EAST AKRON NEIGHBORHOOD 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 EAST AKRON NEIGHBORHOOD DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EAST AKRON NEIGHBORHOOD DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of EAST AKRON NEIGHBORHOOD DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names CHERYL STEPHENS.
- Who are the officers and directors of EAST AKRON NEIGHBORHOOD DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 17 people; 2 received compensation from the organization, the highest $199,266 (CHERYL STEPHENS, PRESIDENT/CEO).
- How much revenue does EAST AKRON NEIGHBORHOOD DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,123,202, expenses of $3,622,328 and total assets of $39,050,737 at year end.
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- NEIGHBORHOOD DEVELOPMENT CORPORATION OF AKRON EIN 34-1080125 · last filed 990 for 2024
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- JEWISH SENIOR HOUSING OF AKRON EIN 34-1966420 · last filed 990 for 2025
- HARMONY HOUSE INC EIN 90-0719742 · last filed 990 for 2024
- FAIR HOUSING CONTACT SERVICE INC EIN 34-6575028 · last filed 990 for 2024
- LAKES SENIOR HOUSING INC EIN 34-1343665 · last filed 990 for 2025
- LABOR COUNCIL SENIOR HOUSING INC EIN 34-1399884 · last filed 990 for 2025