Nonprofit · EIN 83-3858451
WESTERN RESERVE COMMUNITY FUND INC
Tax-exempt · AKRON, OH 44308
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,490,684 | $1,624,471 | $866,213 | $12,683,642 | $3,539,995 | $9,143,647 |
| December 31, 2023 | 990 | $3,393,953 | $1,381,271 | $2,012,682 | $11,629,184 | $3,351,750 | $8,277,434 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,080,405
- of which government grants
- $581,250
- Program service revenue
- $321,315
- Investment income
- $0
- Other revenue
- $88,964
Expenses
- Grants and similar amounts paid
- $290,135
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $10,926
- Accounting fees
- $21,100
- Travel
- $14,149
- Program services (functional)
- $1,436,743
- Management and general (functional)
- $187,728
Balance sheet and other
- Total assets, start of year
- $11,629,184
- Total assets, end of year
- $12,683,642
- Total liabilities, end of year
- $3,539,995
- Net assets, end of year
- $9,143,647
- Net assets without donor restrictions
- $6,200,961
- Net assets with donor restrictions
- $2,942,686
- Gross receipts
- $2,490,684
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2019
- 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 |
|---|---|---|---|
| ERIN WOJNO | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MELISSA FRANK | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| RENAYE BRAUNING | TREASURER Trustee or director, Officer | 1 | $0 |
| JOHN WILLIAMS | SECRETARY Trustee or director, Officer | 1 | $0 |
| JESSICA SUBLETT | MEMBER Trustee or director | 1 | $0 |
| ROBERT DEJOURNETT | MEMBER Trustee or director | 1 | $0 |
| RACHEL BRIDENSTINE | EXECUTIVE DIRECTOR Officer | 16 | $0 |
| CHAD MAYLE | CFO Officer | 12 | $0 |
| JESSICA MCRITCHIE | COO Officer | 12 | $0 |
| LORI SALLAZ | MANAGER, BOND FINANCE Officer | 12 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIN WOJNO | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MELISSA FRANK | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOHN WILLIAMS | SECRETARY Trustee or director, Officer | 1 | $0 |
| RENAYE BRAUNING | TREASURER Trustee or director, Officer | 1 | $0 |
| JESSICA SUBLETT | MEMBER Trustee or director | 1 | $0 |
| ROBERT DEJOURNETT | MEMBER Trustee or director | 1 | $0 |
| RACHEL BRIDENSTINE | EXECUTIVE DIRECTOR Officer | 16 | $0 |
| CHAD MAYLE | CFO Officer | 12 | $0 |
Address and contacts
- Address (IRS master file)
- 1 CASCADE PLZ STE 1700, AKRON, OH 44308-1119
- In care of
- % CHRISTOPHER BURNHAM
- Principal officer (990 for 2024)
- RACHEL BRIDENSTINE, ONE CASCADE PLAZA 1700, AKRON, OH 44308
- Signed the 990
- RACHEL BRIDENSTINE, EXECUTIVE DIRECTOR
- Phone
- (330) 762-4776
- Return prepared by
- SIKICH LLC
Mission
IN FURTHERANCE THEREOF, THE CORPORATION SHALL BE ORGANIZED TO SUPPORT AND FURTHER COMMUNITY DEVELOPMENT AND JOB CREATION IN THE STATE OF OHIO AND WILL INITIALLY FOCUS ON THE 5-COUNTY REGION OF MEDINA, PORTAGE, STARK, SUMMIT, AND WAYNE.
Program accomplishments
- WESTERN RESERVE COMMUNITY FUND, INC. (THE ORGANIZATION) IS A NONPROFIT ORGANIZATION INCORPORATED ON MARCH 7, 2019. IT WAS CREATED TO HELP FILL THE GAP IN ACCESS TO CAPITAL AND PROVIDE SUPPORT IN DISINVESTED AREAS WHERE TRADITIONAL LENDERS DEEM TOO RISKY TO FINANCE OR BE THE SOLE LENDER. THE ORGANIZATION'S TARGET MARKET IS LOW-INCOME POPULATIONS AND CENSUS TRACTS WITHIN SUMMIT, MEDINA, PORTAGE, STARK AND WAYNE COUNTIES. THE ORGANIZATION WAS CERTIFIED AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION DURING CALENDAR YEAR 2024.Expenses $1,436,743 · grants $290,135 · revenue $410,279
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
- 83-3858451
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $12,683,642
- Income (IRS master file)
- $2,490,684
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,490,684 | $1,624,471 | $12,683,642 | XML |
| 990 | December 2023 | $3,393,953 | $1,381,271 | $11,629,184 | XML |
| 990 | December 2022 | $3,285,115 | $950,517 | $8,813,414 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 83-3858451).
Questions about WESTERN RESERVE COMMUNITY FUND INC
- What is the EIN of WESTERN RESERVE COMMUNITY FUND INC?
- The employer identification number (EIN) of WESTERN RESERVE COMMUNITY FUND INC is 83-3858451.
- Is WESTERN RESERVE COMMUNITY FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to WESTERN RESERVE COMMUNITY FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WESTERN RESERVE COMMUNITY FUND INC 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 WESTERN RESERVE COMMUNITY FUND INC 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 WESTERN RESERVE COMMUNITY FUND INC 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 WESTERN RESERVE COMMUNITY FUND INC?
- The 990 for the year ended December 31, 2024 names RACHEL BRIDENSTINE.
- Who are the officers and directors of WESTERN RESERVE COMMUNITY FUND INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does WESTERN RESERVE COMMUNITY FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,490,684, expenses of $1,624,471 and total assets of $12,683,642 at year end.
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All nonprofits in AKRON · Ohio · Community improvement and capacity building