Nonprofit · EIN 34-1601493
CANTON COMMUNITY IMPROVEMENT
Tax-exempt · CANTON, OH 44702
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | -$170,989 | $92,291 | -$263,280 | $495,678 | $0 | $495,678 |
| December 31, 2024 | 990 | -$486,805 | $68,560 | -$555,365 | $758,958 | $0 | $758,958 |
| December 31, 2023 | 990 | $229,476 | $192,417 | $37,059 | $1,314,323 | $0 | $1,314,323 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $164,188
- of which government grants
- $163,188
- Program service revenue
- $0
- Investment income
- -$335,177
- Net gain from sales of assets
- -$351,209
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $7,907
- Program services (functional)
- $84,384
- Management and general (functional)
- $7,907
Balance sheet and other
- Total assets, start of year
- $758,958
- Total assets, end of year
- $495,678
- Total liabilities, end of year
- $0
- Net assets, end of year
- $495,678
- Net assets without donor restrictions
- $495,678
- Gross receipts
- $180,220
- Employees
- 0
- Year formed
- 1980
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Willam Sherer II | President Trustee or director, Officer | 1 | $0 |
| John Highman Jr | Director Trustee or director | 1 | $0 |
| John Mariol | Director Trustee or director | 1 | $0 |
| Emil Alecusan | Director Trustee or director | 1 | $0 |
| Robert Thompson | Director Trustee or director | 1 | $0 |
| Jeff Dafler | Director Trustee or director | 1 | $0 |
| Jason Scaglione | Director Trustee or director | 1 | $0 |
| Darren Mayle | Director Trustee or director | 1 | $0 |
| Chris Smith | Director Trustee or director | 1 | $0 |
| Jake Croston Jr | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Willam Sherer II | President Trustee or director, Officer | 1 | $0 |
| John Highman Jr | Director Trustee or director | 1 | $0 |
| John Mariol | Director Trustee or director | 1 | $0 |
| Emil Alecusan | Director Trustee or director | 1 | $0 |
| Robert Thompson | Director Trustee or director | 1 | $0 |
| Jeff Dafler | Director Trustee or director | 1 | $0 |
| Jason Scaglione | Director Trustee or director | 1 | $0 |
| Darren Mayle | Director Trustee or director | 1 | $0 |
| Chris Smith | Director Trustee or director | 1 | $0 |
| Jake Croston Jr | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jason Scaglione | Director Trustee or director | 1 | $0 |
| Jeff Dafler | Director Trustee or director | 1 | $0 |
| Greg Hawk | Director Trustee or director | 1 | $0 |
| Jake Croston Jr | Director Trustee or director | 1 | $0 |
| Chris Smith | Director Trustee or director | 1 | $0 |
| Robert Thompson | Director Trustee or director | 1 | $0 |
| John Highman Jr | Director Trustee or director | 1 | $0 |
| John Mariol | Director Trustee or director | 1 | $0 |
| Emil Alecusan | Director Trustee or director | 1 | $0 |
| Thomas Bernabei | President thru 12312023 Trustee or director, Officer | 1 | $0 |
| Willam Sherer II | President Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 218 CLEVELAND AVENUE SW STE 5TH FL, CANTON, OH 44702-1906
- In care of
- % WILLAM SHERER II
- Principal officer (990 for 2025)
- Willam Sherer II, 218 CLEVELAND AVENUE SW Ste 5TH FL, CANTON, OH 44702
- Signed the 990
- WILLAM SHERER II, President
- Phone
- (330) 438-4127
- Return prepared by
- Robert F Fay CPA PFS CGMA
Mission
ECONOMIC DEVELOPMENT
Program accomplishments
- THE CORPORATION ISSUES LOAN AND GRANT FUNDS FOR ECONOMIC DEVELOPMENT PROJECTS AND FACADE RENOVATIONS WITHIN THE CITY OF CANTON IN ORDER TO CREATE AND RETAIN JOBS FOR LOW-AND-MODERATE INCOME PERSONS AND TO AID IN THE PREVENTION AND ELIMANATION OF SLUMS AND BLIGHT.Expenses $84,384
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 | 990 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
- 34-1601493
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible (Pub 78)
- Organization other than a public charity or private foundation
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $495,678
- Income (IRS master file)
- $180,220
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $229,476 | $192,417 | $1,314,323 | IRS |
| 990 | December 2022 | $493,464 | $360,910 | $1,283,183 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about CANTON COMMUNITY IMPROVEMENT
- What is the EIN of CANTON COMMUNITY IMPROVEMENT?
- The employer identification number (EIN) of CANTON COMMUNITY IMPROVEMENT is 34-1601493.
- Is CANTON COMMUNITY IMPROVEMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1989.
- Are donations to CANTON COMMUNITY IMPROVEMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Organization other than a public charity or private foundation).
- Which annual return does CANTON COMMUNITY IMPROVEMENT 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 CANTON COMMUNITY IMPROVEMENT due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CANTON COMMUNITY IMPROVEMENT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CANTON COMMUNITY IMPROVEMENT?
- The 990 for the year ended December 31, 2025 names Willam Sherer II.
- Who are the officers and directors of CANTON COMMUNITY IMPROVEMENT?
- The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does CANTON COMMUNITY IMPROVEMENT have?
- On its 990 for the year ended December 31, 2025 it reported revenue of -$170,989, expenses of $92,291 and total assets of $495,678 at year end.
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- GOODWILL INDUSTRIES OF GREATER CLEVELAND AND E CENTRAL OHIO INC EIN 34-0909974 · last filed 990 for 2025
- MALONE UNIVERSITY EIN 34-0737794 · last filed 990 for 2025
- STARK COMMUNITY FOUNDATION INC EIN 34-0943665 · last filed 990 for 2024
- STARK COUNTY DISTRICT LIBRARY EIN 34-6000510 · last filed 990 for 2024
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