Nonprofit · EIN 34-1719633
COMMUNITY IMPROVEMENT CORPORATION OF CUYAHOGA FALLS OHIO
Tax-exempt · CUYAHOGA FLS, OH 44221
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $41,718 | $75,394 | -$33,676 | $2,102,044 | $0 | $2,102,044 |
| December 31, 2024 | 990 | $440,227 | $151,640 | $288,587 | $2,193,953 | $58,233 | $2,135,720 |
| December 31, 2023 | 990 | $1,963,946 | $790,360 | $1,173,586 | $2,107,150 | $260,017 | $1,847,133 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $12,000
- Program service revenue
- $0
- Investment income
- $29,552
- Other revenue
- $166
Expenses
- Grants and similar amounts paid
- $55,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,481
- Program services (functional)
- $67,846
- Management and general (functional)
- $7,548
Balance sheet and other
- Total assets, start of year
- $2,193,953
- Total assets, end of year
- $2,102,044
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,102,044
- Net assets without donor restrictions
- $138,475
- Net assets with donor restrictions
- $1,963,569
- Gross receipts
- $41,718
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1970
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ANTHONY ZUMBO | TRUSTEE Trustee or director | 1 | $0 | $160,518 | $59,282 |
| JANET CIOTOLA | TRUSTEE Trustee or director | 1 | $0 | $166,572 | $49,834 |
| BRYAN HOFFMAN | TRUSTEE Trustee or director | 1 | $0 | $163,741 | $48,243 |
| DON WALTERS | PRESIDENT Trustee or director, Officer | 1 | $0 | $151,557 | $47,877 |
| DIANA COLAVECCHIO | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $160,512 | $37,808 |
| MARY SPAUGY | TREASURER Trustee or director, Officer | 1 | $0 | $143,905 | $34,377 |
| LORI JONES | SECRETARY Trustee or director, Officer | 1 | $0 | $71,594 | $44,577 |
| AARON BARNHART | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PAUL TESTA | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JAMES WEST | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ANTHONY ZUMBO | TRUSTEE Trustee or director | 1 | $0 | $152,772 | $56,158 |
| JANET CIOTOLA | TRUSTEE Trustee or director | 1 | $0 | $160,654 | $47,988 |
| BRYAN HOFFMAN | TRUSTEE Trustee or director | 1 | $0 | $155,329 | $46,196 |
| DON WALTERS | PRESIDENT Trustee or director, Officer | 1 | $0 | $148,668 | $45,894 |
| DIANA COLAVECCHIO | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $152,508 | $36,235 |
| MARY SPAUGY | TREASURER Trustee or director, Officer | 1 | $0 | $126,587 | $31,242 |
| LORI JONES | SECRETARY Trustee or director, Officer | 1 | $0 | $67,711 | $42,335 |
| AARON BARNHART | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PAUL TESTA | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JAMES WEST | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JANET CIOTOLA | TRUSTEE Trustee or director | 1 | $0 | $144,686 | $49,879 |
| DON WALTERS | PRESIDENT Trustee or director, Officer | 1 | $0 | $151,226 | $43,034 |
| ANTHONY ZUMBO | TRUSTEE Trustee or director | 1 | $0 | $139,205 | $49,615 |
| BRYAN HOFFMAN | TRUSTEE Trustee or director | 1 | $0 | $141,521 | $40,241 |
| DIANA COLAVECCHIO | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $134,905 | $30,459 |
| MARY SPAUGY | TREASURER Trustee or director, Officer | 1 | $0 | $105,890 | $25,354 |
| LORI JONES | SECRETARY Trustee or director, Officer | 1 | $0 | $64,192 | $38,772 |
| AARON BARNHART | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PAUL TESTA | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JAMES WEST | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2310 2ND ST, CUYAHOGA FLS, OH 44221-2530
- Principal officer (990 for 2025)
- DON WALTERS, 2310 2ND STREET, CUYAHOGA FALLS, OH 44221
- Signed the 990
- MARY SPAUGY, VICE PRESIDENT
- Phone
- (330) 971-8137
- Return prepared by
- CRUM & COMPANY
Mission
THE COMMUNITY IMPROVEMENT CORPORATION OF CUYAHOGA FALLS WAS FORMED IN JULY 1970 AND INCORPORATED AS A CORPORATION NOT-FOR-PROFIT UNDER TITLE XVII, CHAPTERS 1702 AND 1724 OF THE OHIO REVISED CODE. THE STATED PURPOSE OF THE CORPORATION IS TO ADVANCE, ENCOURAGE, AND PROMOTE THE INDUSTRIAL, COMMERCIAL, CIVIC, AND ECONOMIC DEVELOPMENT OF THE CITY OF CUYAHOGA FALLS, OHIO UNDER APPLICABLE SECTIONS OF THE OHIO REVISED CODE. THE CORPORATION PROVIDES "GAP" FINANCIAL ASSISTANCE TO ELIGIBLE BUSINESSES IN THE CITY OF CUYAHOGA FALLS. FINANCIAL ASSISTANCE IS PROVIDED TO FOR- PROFIT ORGANIZATIONS THAT ARE INELIGIBLE FOR FINANCING THROUGH TRADITIONAL LENDING INSTITUTIONS. THE CIC FINANCING WILL NOT EXCEED 30% OF THE ORGANIZATION'S TOTAL PROJECT EXPENSES. THE FUNDING IS USED FOR THE PURCHASE OF EQUIPMENT AND/OR ASSETS FOR THE BUSINESS. ASSISTANCE IS PROVIDED IN INCREMENTS BETWEEN 50,000-100,000, DEPENDING ON THE NEEDS OF THE BUSINESS. PAYMENTS ARE DEFERRED FOR THE FIRST YEAR OF FINANCING AND THEN AMORTI
Program accomplishments
- THE ORGANIZATION MAINTAINED CERTAIN LAND KNOWN AS PARCEL NUMBER 35-01540, 333 PLEASANT MEADOW BOULEVARD (FORMERLY THE MUD RUN GUN CLUB), WHICH WAS PREVIOUSLY DONATED BY THE CITY OF CUYAHOGA FALLS FOR THE PURPOSE OR REVITALIZATION AND ECONOMIC DEVELOPMENT. THE ORGANIZATION APPLIED FOR AND RECEIVED A BROWNFIELD REMEDIATION GRANT, ADMINISTERED BY THE STATE OF OHIO, DEPARTMENT OF DEVELOPMENT IN 2022. THE CIC ENTERED INTO A PROFESSIONAL SERVICE AGREEMENT WITH PATRIOT ENGINEERING AND ENVIRONMENTAL, INC. FOR THE ENVIRONMENTAL REMEDIATION AND PROJECT MANAGEMENT FOR THIS PROJECT. REMEDIATION BEGAN IN SPRING OF 2023 AND WAS COMPLETED IN THE SUMMER OF 2025. THE TOTAL COST OF THE PROJECT WAS ESTIMATED TO BE 1,972,732.00. THE BROWNFIELD REMEDIATION GRANT IS FOR 1,044,549.00 AND THE 25% REQUIRED FUNDING MATCH HAS BEEN PROVIDED BY THE CITY OF CUYAHOGA FALLS. IN 2025, THE EXPENSES FOR THIS PROJECT TOTALED 56,091.99. THE ORGANIZATION RECEIVED 56,091.99 IN GRANT REVENUE FROM THE STATE. OF THIS AMOUNT, 56,091.99 WAS REIMBURSED TO THE CITY OF CUYAHOGA FALLS. THE GRANT WAS CLOSED OUT AND THE PROPERTY WAS TRANSFERRED BACK TO THE CITY OF CUYAHOGA FALLS ON SEPTEMBER 4, 2025 TO BE UTILIZED AS GREEN SPACE OR A FUTURE TRAILHEAD FOR THE EXISTING MUD BROOK TRAIL.Expenses $57,798 · grants $55,000
- DOWNTOWN EVENTS ARE ORGANIZED THROUGHOUT THE YEAR FOR THE PURPOSE OF ECONOMIC DEVELOPMENT OF THE DOWNTOWN AREA AN TO PROVIDE THE RESIDENTS OF CUYAHOGA FALLS AND SURROUNDING COMMUNITIES WITH AN OPPORTUNITY TO COME TOGETHER AND CELEBRATE THEIR COMMUNITY THROUGH MUSIC, CULTURAL FESTIVALS, AND SIMILAR EVENTS.Expenses $10,048
- THE ORGANIZATION PROVIDED 2 LOANS TOTALING 100,000 TO 2 BUSINESSES IN 2024. THE FIRST LOAN WAS PROVIDED TO LEGACY LAW FIRM, LLC IN THE AMOUNT OF 50,000 AND LOAN PAYMENTS BEGAN IN JANUARY OF 2025. THIS LOAN CREATED 2 FULL-TIME POSITIONS FOR THE CITY OF CUYAHOGA FALLS. THE 2ND LOAN WAS PROVIDED TO BLACK DOG BAKING COMPANY, LLC IN OCTOBER OF 2024. PAYMENTS ON THIS LOAN BEGAN IN NOVEMBER, 2025. THIS LOAN ALSO CREATED 2 FULL-TIME POSITIONS FOR THE CITY OF CUYAHOGA FALLS.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
- 34-1719633
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $2,102,044
- Income (IRS master file)
- $41,718
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $41,718 | $75,394 | $2,102,044 | XML |
| 990 | December 2024 | $440,227 | $151,640 | $2,193,953 | XML |
| 990 | December 2023 | $1,963,946 | $790,360 | $2,107,150 | XML |
| 990 | December 2022 | $2,062,563 | $66,760 | $2,066,815 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 34-1719633).
Questions about COMMUNITY IMPROVEMENT CORPORATION OF CUYAHOGA FALLS OHIO
- What is the EIN of COMMUNITY IMPROVEMENT CORPORATION OF CUYAHOGA FALLS OHIO?
- The employer identification number (EIN) of COMMUNITY IMPROVEMENT CORPORATION OF CUYAHOGA FALLS OHIO is 34-1719633.
- Is COMMUNITY IMPROVEMENT CORPORATION OF CUYAHOGA FALLS OHIO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1994.
- Are donations to COMMUNITY IMPROVEMENT CORPORATION OF CUYAHOGA FALLS OHIO tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does COMMUNITY IMPROVEMENT CORPORATION OF CUYAHOGA FALLS OHIO file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of COMMUNITY IMPROVEMENT CORPORATION OF CUYAHOGA FALLS OHIO 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 COMMUNITY IMPROVEMENT CORPORATION OF CUYAHOGA FALLS OHIO 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 COMMUNITY IMPROVEMENT CORPORATION OF CUYAHOGA FALLS OHIO?
- The 990 for the year ended December 31, 2025 names DON WALTERS.
- Who are the officers and directors of COMMUNITY IMPROVEMENT CORPORATION OF CUYAHOGA FALLS OHIO?
- The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does COMMUNITY IMPROVEMENT CORPORATION OF CUYAHOGA FALLS OHIO have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $41,718, expenses of $75,394 and total assets of $2,102,044 at year end.
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