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Public 990 Summary

COMMUNITY IMPROVEMENT CORPORATION

EIN 341719633 · Latest tax year 2024 · Usable public filing summary

CUYAHOGA FLS, OH

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COMMUNITY IMPROVEMENT CORPORATION has a public Form 990 profile, but an AlignMint donation portal is not live yet. Review the public filing signals and share the claim link with the nonprofit if the profile should be activated.

Program ratio

Not enough public data

Fundraising ratio

0%

Admin ratio

Not enough public data

Program ratio estimates the share of reported expenses used for programs. Fundraising ratio estimates fundraising expense share. Admin ratio estimates management and general expense share when the public fields reconcile.

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Public filing snapshot

Ratios use reported functional expenses when available and are only derived when the public fields reconcile with total expenses.

Total revenue$440,227
Contributions and grants$398,130
Program service revenue$0
Other revenue$1,750
Total expenses$151,640
Grants paid$0
Salaries and compensation$0
Program ratioNot reported
Fundraising ratio0%
Admin ratioNot reported
Total assets$2,193,953
Net assets$2,135,720
Total liabilities$58,233

Filing history

Recent prepared public snapshots appear here as the directory rollup processes more 990 filings. Use the ProPublica link for the full public filing archive when a prior year is not shown yet.

990 2024

Revenue: $440,227
Expenses: $151,640
Program ratio: Not reported

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Program ratio: Not enough public data. Fundraising ratio: 0%. Admin ratio: Not enough public data.

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Mission and programs

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

Public leadership

Public Form 990 officer rows; not a staff or contact directory.

ANTHONY ZUMBO

TRUSTEE

1 hours/week · Reportable compensation: $0

JANET CIOTOLA

TRUSTEE

1 hours/week · Reportable compensation: $0

BRYAN HOFFMAN

TRUSTEE

1 hours/week · Reportable compensation: $0

DON WALTERS

PRESIDENT

1 hours/week · Reportable compensation: $0

DIANA COLAVECCHIO

VICE PRESIDE

1 hours/week · Reportable compensation: $0

MARY SPAUGY

TREASURER

1 hours/week · Reportable compensation: $0

Public filing sources

View previous 990s and source filings on ProPublica
irs_990_cache

Tax year 2024 · Source 202512869349301251 · Parser opportunity-intelligence-financials-v1

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  • Latest public filing year: 2024.
  • Public data coverage: Usable public filing summary.
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  • Ask about recent program outcomes and current financials when the public filing is older.

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