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Nonprofit · EIN 34-1782150

2523 MARKET CORP

Tax-exempt · CLEVELAND, OH 44113

Financials

$322K$390K2022$370K$419K2023$443K$385K2024
Revenue Expenses · by fiscal year end
Financials of 2523 MARKET CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$443,121$385,260$57,861$1,305,855$1,038,099$267,756
June 30, 2024990$370,154$418,787-$48,633$1,222,458$1,012,563$209,895
June 30, 2023990$322,435$390,478-$68,043$1,245,490$986,962$258,528
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$443,121
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,725
Occupancy
$24,198
Depreciation
$6,648
Program services (functional)
$385,260

Balance sheet and other

Total assets, start of year
$1,222,458
Total assets, end of year
$1,305,855
Total liabilities, end of year
$1,038,099
Net assets, end of year
$267,756
Land, buildings and equipment
$1,161,466
Net assets without donor restrictions
$267,756
Gross receipts
$443,121
Employees
0
Volunteers
4
Year formed
1981
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 orgs
CHRIS SCHMITTFORMER PRESI
Trustee or director, Officer
1$0$86,775
JANE PLATTENEXECUTIVE DI
Officer
1$0$43,988
ALEX FRONDORFBOARD PRESID
Trustee or director, Officer
1$0$0
SHARHONDA GREERSECRETARY
Trustee or director, Officer
1$0$0
ANDY TRARESTREASURER
Trustee or director, Officer
1$0$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
THOMAS MCNAIRFORMER EXEC
Officer
3$0$102,948$1,260
ALEX FRONDORFBOARD PRESID
Trustee or director, Officer
1$0$0$0
SHARHONDA GREERSECRETARY
Trustee or director, Officer
1$0$0$0
CHRIS SCHMITTFORMER PRESI
Trustee or director, Officer
1$0$0$0
ANDY TRARESTREASURER
Trustee or director, Officer
1$0$0$0
JANE PLATTENINTERIM EXEC
Officer
1$0$0$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
THOMAS MCNAIREXECUTIVE DI
Officer
3$0$116,290$5,715
BRENDAN DOYLESECRETARY
Trustee or director, Officer
1$0$0$0
ALEX FRONDORFVICE PRESIDE
Trustee or director, Officer
1$0$0$0
CHRIS SCHMITTBOARD PRESID
Trustee or director, Officer
1$0$0$0
ANDY TRARESTREASURER
Trustee or director, Officer
1$0$0$0

Address and contacts

Address (IRS master file)
3308 LORAIN AVE, CLEVELAND, OH 44113-3700
Principal officer (990 for 2024)
ALEX FRONDORF, 3308 LORAIN AVENUE, CLEVELAND, OH 44113
Signed the 990
JANE PLATTEN, EXECUTIVE DIRECTOR
Phone
(216) 781-3222
Return prepared by
MCMANAMON & CO LLC

Mission

NIEGHBORHOOD REVITIALIZATION

990 for the year ended June 30, 2025

Program accomplishments

  • MANAGEMENT OF PREVIOUSLY BLIGHTED, RENTING TO BUSINESSES AT BELOW MARKET RATES. REDEVELOPMENT AND MAINTENANCE OF PARKING LOTS FOR GENERAL COMMUNITY ENHANCEMENT.
    Expenses $385,260 · revenue $443,121

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
34-1782150
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,305,855
Income (IRS master file)
$443,121

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$443,121$385,260$1,305,855XML
990June 2024$370,154$418,787$1,222,458XML
990June 2023$322,435$390,478$1,245,490XML
990June 2022$1,125,830$1,258,324$1,289,788IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 34-1782150).

Questions about 2523 MARKET CORP

What is the EIN of 2523 MARKET CORP?
The employer identification number (EIN) of 2523 MARKET CORP is 34-1782150.
Is 2523 MARKET CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to 2523 MARKET CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does 2523 MARKET CORP 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 2523 MARKET CORP 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 2523 MARKET CORP 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 2523 MARKET CORP?
The 990 for the year ended June 30, 2025 names ALEX FRONDORF.
Who are the officers and directors of 2523 MARKET CORP?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does 2523 MARKET CORP have?
On its 990 for the year ended June 30, 2025 it reported revenue of $443,121, expenses of $385,260 and total assets of $1,305,855 at year end.

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