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Summit Medina Business Alliance Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204662225 ✦ Akron, OH ✦ Designated as a 501(c)(4)

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Overview

What is Summit Medina Business Alliance Inc?

Summit Medina Business Alliance Inc is a nonprofit organization based in Ohio, specifically in the northeast region. Its primary objective is to stimulate and strengthen Ohio's economy by offering support to various business entities. This assistance includes helping businesses establish, maintain, and expand their operations. The organization fulfills this mission within its geographical jurisdiction, thereby contributing to the economic growth of the region.


Official website here: www.info@akronsbdc.org

Is Summit Medina Business Alliance Inc legitimate?

Summit Medina Business Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Summit Medina Business Alliance Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $28,215
Professional Fundraising Fees: $0
Other Salaries and Wages: $51,759

For more financial information, click here


Official website here: www.info@akronsbdc.org

What is the mission statement of Summit Medina Business Alliance Inc?

Summit Medina Business Alliance Inc's mission is centered around boosting the economy by providing assistance to business entities. Their objective is to aid in the formation, sustenance, and growth of these businesses. They accomplish this mission within the geographic region of northeast Ohio, playing an essential role in the region's economic development. By doing so, they contribute to the overall economic health and prosperity of the businesses they support.


Official website here: www.info@akronsbdc.org

Who is the CEO of Summit Medina Business Alliance Inc?

Sam Deshazior is the President of Summit Medina Business Alliance Inc.


Official website here: www.info@akronsbdc.org

What is the revenue of Summit Medina Business Alliance Inc?

Summit Medina Business Alliance Inc's revenue in 2022 was $108,867.


Official website here: www.info@akronsbdc.org

Who are the executives of Summit Medina Business Alliance Inc and what are their salaries?

The average compensation at Summit Medina Business Alliance Inc during 2022 was $15,995. There are 5 employees and 5 volunteers at Summit Medina Business Alliance Inc.


Here are 6 key members and their salaries:


Sam Deshazior (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Miller Dawson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen F Fricker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Herschel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adele Roth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Jasionowski (Executive Director)
  • Compensation: $22,793
  • Related: $0
  • Other: $5,422


Official website here: www.info@akronsbdc.org

Where can I find the form 990 for Summit Medina Business Alliance Inc?

Summit Medina Business Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.info@akronsbdc.org

Learn more at the official website: www.info@akronsbdc.org

Mission Statement of Summit Medina Business Alliance Inc

Summit Medina Business Alliance Inc is dedicated to fostering and encouraging the economic growth of Ohio by providing assistance to various business entities. Their mission is twofold: firstly, they aim to aid businesses in their establishment process, and secondly, they help these businesses sustain and expand their operations. This organization operates in the northeast Ohio geographic region, demonstrating its commitment to supporting local businesses and contributing to the region's economic development. By accomplishing this mission, Summit Medina Business Alliance Inc plays a significant role in fostering a thriving business environment in Ohio.

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Impact




October, 2024

Summit Medina Business Alliance Inc plays a vital role in bolstering the economy of Northeast Ohio by providing essential support to local businesses. By assisting entities in forming, sustaining, and growing their operations, the organization enhances the business landscape, fostering a more vibrant community. Through its initiatives, it not only helps businesses navigate challenges but also encourages innovation and collaboration among local entrepreneurs.

The impact of Summit Medina is evident in the strengthened local economy, as its efforts lead to job creation, increased sales, and improved community vitality. By focusing on community improvement, the Alliance promotes a culture of entrepreneurship that contributes to a sustainable economic environment. Ultimately, the organization helps to ensure that businesses in the region can thrive, positively affecting the overall quality of life for residents in the area.




This information is meant to be a general summary of Summit Medina Business Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$678,906 (2022)
Expenses
$585,373 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $108,867

Assets and Liabilities:

  • Total Assets: $213,496
  • Total Liabilities: $50
  • Net Assets: $213,446

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Organization Details

Founding Year

2006

Principal Officer

Sam Deshazior

Main Address

526 S MAIN ST SUITE 601, AKRON, OH, 44311

NTEE Category

Code: S30 - Community improvement

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