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Nonprofit · EIN 34-1667990

EMERALD DEVELOPMENT AND ECONOMIC

Also known as EDEN INC

Tax-exempt · CLEVELAND, OH 44102

Financials

$56.3M$53.5M2024
Revenue Expenses · by fiscal year end
Financials of EMERALD DEVELOPMENT AND ECONOMIC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$56,254,776$53,544,895$2,709,881$59,649,369$31,505,893$28,143,476
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$52,663,766
of which government grants
$52,363,971
Program service revenue
$2,489,913
Investment income
$3,020
Net gain from sales of assets
$650
Net income from fundraising events
$4,025
Other revenue
$1,098,077

Expenses

Grants and similar amounts paid
$36,059,569
Compensation of officers, directors and key employees
$554,925
Other salaries and wages
$6,648,864
Salaries, compensation and benefits (total)
$9,026,634
Professional fundraising fees
$0
Legal fees
$15,081
Accounting fees
$74,339
Occupancy
$1,677,554
Travel
$1,158
Depreciation
$851,532
Program services (functional)
$49,087,363
Management and general (functional)
$4,457,532

Balance sheet and other

Total assets, start of year
$46,195,217
Total assets, end of year
$59,649,369
Total liabilities, end of year
$31,505,893
Net assets, end of year
$28,143,476
Land, buildings and equipment
$17,905,088
Net assets without donor restrictions
$22,898,230
Net assets with donor restrictions
$5,245,246
Gross receipts
$56,266,316
Employees
260
Volunteers
50
Year formed
1990
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.

NameTitleHours / weekCompensationOther / benefits
ELAINE GIMMELEXECUTIVE DIRECTOR
Officer
40$183,853$37,042
SHARON PARKSCHIEF FINANCIAL OFFICER
Officer
40$151,167$26,914
EMMA PETRIE BARCELONACHIEF OPERATING OFFICER
Officer
40$148,513$7,436
RICHARD CARRDIRECTOR OF REAL ESTATE DEVELOPMENT
Highest-paid employee
40$106,251$43,373
RACHELLA TILLMANDIRECTOR OF PROPERTY MANAGEMENT
Highest-paid employee
40$104,208$18,927
JOHN MARK TICHARPRESIDENT
Trustee or director, Officer
2$0$0
JONATHAN PETRUSVICE PRESIDENT
Trustee or director, Officer
2$0$0
BETH ADAMSTREASURER
Trustee or director, Officer
2$0$0
MICHELE SOMMERFELTSECRETARY
Trustee or director, Officer
2$0$0
ANDRE CAMPBELLBOARD MEMBER
Trustee or director
2$0$0
DAWN ELLISBOARD MEMBER
Trustee or director
2$0$0
DR ANDREENA JACKSONBOARD MEMBER
Trustee or director
2$0$0
MATTHEW KINGBOARD MEMBER
Trustee or director
2$0$0
MATTHEW LARGEBOARD MEMBER
Trustee or director
2$0$0
SUSAN LICCIARDIBOARD MEMBER
Trustee or director
2$0$0
9 more people on this return
NameTitleHours / weekCompensation
NICHOLAS MCCAUSLINBOARD MEMBER
Trustee or director
2$0
CHRISTOPHER MERTESBOARD MEMBER
Trustee or director
2$0
AMANDA J MILLERBOARD MEMBER
Trustee or director
2$0
MARCUS NOELBOARD MEMBER
Trustee or director
2$0
JOSEPH PLESMIDBOARD MEMBER
Trustee or director
2$0
KENNETH G SILLIMANBOARD MEMBER
Trustee or director
2$0
JESSICA STONERBOARD MEMBER
Trustee or director
2$0
PHILLIP STUDMIREBOARD MEMBER
Trustee or director
2$0
TIMOTHY WILLIAMSBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
7812 MADISON AVE, CLEVELAND, OH 44102-4056
In care of
% JUDITH Z PETERS
Principal officer (990 for 2024)
ELAINE GIMMEL, 7812 MADISON AVE, CLEVELAND, OH 44102
Signed the 990
ELAINE GIMMEL, EXECUTIVE DIRECTOR
Phone
(216) 961-9690
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

EDEN'S MISSION IS TO PROVIDE HOUSING SOLUTIONS TO PEOPLE FACING THE CHALLENGES OF HOUSING INSECURITIES AND HOMELESSNESS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE PROVISION AND MANAGEMENT OF HOUSING UNITS FOR PERSONS WHO ARE EXPERIENCING HOMELESSNESS OR ARE UNSTABLY HOUSED, WHO HAVE A DISABILITY AND/OR ARE PART OF A SPECIAL NEEDS GROUP INCLUDING JUSTICE INVOLVED INDIVIDUALS, VETERANS OR SURVIVORS OF DOMESTIC VIOLENCE AND/OR HUMAN TRAFFICKING, AND WHO ARE VERY LOW/EXTREMELY LOW INCOME: EDEN PROVIDED HOUSING FOR APPROXIMATELY 350 TENANTS. EDEN HAS MAINTAINED 90% RENT COLLECTION AND 90% OCCUPANCY STANDARDS; 70% HAVE LIVED IN OUR HOUSING FOR 2 YEARS OR LONGER, AND 70% HAVE A SOURCE OF INCOME.
    Expenses $11,344,379 · revenue $2,489,913
  • THE ORGANIZATION WAS ADMINISTERING RENTAL ASSISTANCE PROGRAMS THAT PROVIDED HOUSING FOR OVER 3,500 HOUSEHOLDS WHO WERE EXTREMELY AND VERY LOW INCOME, EXPERIENCING HOMELESSNESS OR UNSTABLY HOUSED, AND WHO HAD A DISABILITY AND/OR WERE PART OF A SPECIAL NEEDS GROUP INCLUDING JUSTICE INVOLVED INDIVIDUALS, VETERANS OR SURVIVORS OF DOMESTIC VIOLENCE &/OR HUMAN TRAFFICKING. THROUGH OUR PROGRAMS, 90% OF PARTICIPANTS WERE HOUSED 1 YEAR OR LONGER AND 35% WERE HOUSED 5 YEARS OR LONGER.
    Expenses $36,551,692 · grants $36,059,569
  • THE DEVELOPMENT OF HOUSING OPPORTUNITIES FOR PERSONS WHO ARE EXPERIENCING HOMELESS OR THAT ARE UNSTABLY HOUSED, WHO HAVE A DISABILITY AND/OR ARE PART OF A SPECIAL NEEDS POPULATION SUCH AS JUSTICE INVOLVED INDIVIDUALS, SURVIVORS OF DOMESTIC VIOLENCE AND/OR HUMAN TRAFFICKING AND VETERANS. THIS ACTIVITY INCLUDES, BUT IS NOT LIMITED TO, COORDINATION WITH OTHER GOVERNMENT OR NONPROFIT ORGANIZATIONS AND THE PROVISION OF FISCAL AND ADMINISTRATIVE SERVICES ON A CONTRACT BASIS TO SUCH ORGANIZATIONS.
    Expenses $1,191,292

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
34-1667990
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
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$59,649,369
Income (IRS master file)
$56,266,316

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$47,487,590$46,943,982$46,195,217IRS
990December 2022$42,110,677$41,402,567$39,028,910IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 EMERALD DEVELOPMENT AND ECONOMIC

What is the EIN of EMERALD DEVELOPMENT AND ECONOMIC?
The employer identification number (EIN) of EMERALD DEVELOPMENT AND ECONOMIC is 34-1667990.
Is EMERALD DEVELOPMENT AND ECONOMIC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to EMERALD DEVELOPMENT AND ECONOMIC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EMERALD DEVELOPMENT AND ECONOMIC 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 EMERALD DEVELOPMENT AND ECONOMIC 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 EMERALD DEVELOPMENT AND ECONOMIC 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 EMERALD DEVELOPMENT AND ECONOMIC?
The 990 for the year ended December 31, 2024 names ELAINE GIMMEL.
Who are the officers and directors of EMERALD DEVELOPMENT AND ECONOMIC?
The 990 for the year ended December 31, 2024 lists 24 people; 5 received compensation from the organization, the highest $183,853 (ELAINE GIMMEL, EXECUTIVE DIRECTOR).
How much revenue does EMERALD DEVELOPMENT AND ECONOMIC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $56,254,776, expenses of $53,544,895 and total assets of $59,649,369 at year end.

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