Overview
What is Gahanna Community Improvement Corp?
The Gahanna Community Improvement Corp, established in Gahanna, Ohio, serves as the city's land bank entity. Its primary mission is to foster industrial, economic, commercial, and civic development within Gahanna. To achieve this goal, the organization provides land bank services for strategic land acquisition and investigates opportunities for land consolidation, aiming to maximize redevelopment possibilities. As of the beginning of 2022, the CIC managed two residential properties as temporary rentals, one commercial property, and a vacant commercial lot awaiting economic redevelopment opportunities. Throughout 2022, the CIC expanded its portfolio by acquiring seven additional downtown Gahanna properties to actively facilitate redevelopment. The CIC collaborates with Gahanna's Planning and Development Department on community development initiatives.
Official website here: www.gahanna.gov/boards-commissions/
Is Gahanna Community Improvement Corp legitimate?
Gahanna Community Improvement Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Gahanna Community Improvement Corp 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.
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Official website here: www.gahanna.gov/boards-commissions/
What is the mission statement of Gahanna Community Improvement Corp?
The Gahanna Community Improvement Corp's mission is to foster and stimulate industrial, economic, commercial, and civic development within its jurisdiction. In pursuit of this objective, the organization provides land bank services for strategic land acquisition and investigates potential opportunities for land consolidation to maximize redevelopment possibilities. At the beginning of 2022, the CIC managed two residential properties as temporary rentals, one commercial property, and a vacant commercial lot awaiting economic redevelopment opportunities. During the year, the CIC expanded its portfolio by acquiring seven additional downtown properties to actively facilitate redevelopment efforts. The CIC collaborates with the city's planning and development department on community development initiatives.
Official website here: www.gahanna.gov/boards-commissions/
Who is the CEO of Gahanna Community Improvement Corp?
Betty Collins is the President of Gahanna Community Improvement Corp.
Official website here: www.gahanna.gov/boards-commissions/
What is the revenue of Gahanna Community Improvement Corp?
Gahanna Community Improvement Corp's revenue in 2022 was $808,064.
Official website here: www.gahanna.gov/boards-commissions/
Who are the executives of Gahanna Community Improvement Corp and what are their salaries?
There 11 volunteers at Gahanna Community Improvement Corp.
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Official website here: www.gahanna.gov/boards-commissions/
Where can I find the form 990 for Gahanna Community Improvement Corp?
Gahanna Community Improvement Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gahanna.gov/boards-commissions/
Learn more at the official website: www.gahanna.gov/boards-commissions/
Mission Statement of Gahanna Community Improvement Corp
The Gahanna Community Improvement Corp, serving as the city's landbank entity, is dedicated to fostering the industrial, economic, commercial, and civic growth of Gahanna, Ohio. Their primary objective is to advance, encourage, and promote development within the city. To achieve this mission, the organization focuses on strategic land acquisition and investigates opportunities for land consolidation to maximize potential for redevelopment.
In line with their mission, the Gahanna Community Improvement Corp actively facilitates redevelopment initiatives. At the start of 2022, they managed two residential properties as temporary rentals, a commercial property, and a vacant commercial lot waiting for economic redevelopment opportunities. Throughout the year, the organization expanded its portfolio by acquiring seven additional downtown Gahanna properties. Working in partnership with the city's Planning and Development Department, the Gahanna Community Improvement Corp plays a significant role in community development initiatives.
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Impact
October, 2024
The Gahanna Community Improvement Corporation (CIC) plays a pivotal role in fostering the industrial, economic, commercial, and civic development of Gahanna, Ohio. As the city's land bank entity, it is dedicated to strategic land acquisition, facilitating redevelopment, and enhancing community infrastructure. By owning and managing properties, including residential rentals and commercial lots, the CIC actively promotes revitalization efforts within the community.
In 2022, the organization enhanced its impact by acquiring seven additional properties in downtown Gahanna, which further supports redevelopment initiatives and attracts economic opportunities to the area. Collaborating closely with Gahanna's Planning and Development Department, the CIC drives community development projects that not only improve local aesthetics but also stimulate economic growth and stability. Through these efforts, the CIC is a critical player in shaping a vibrant and sustainable future for Gahanna, contributing significantly to the city’s overall progress and quality of life for its residents.
This information is meant to be a general summary of Gahanna Community Improvement Corp. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10,595
- Gross Receipts: $948,939
Assets and Liabilities:
- Total Assets: $8,408,105
- Total Liabilities: $5,069,699
- Net Assets: $3,338,406
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Organization Details
Founding Year
1965
Phone
(614) 342-4015Principal Officer
Betty Collins
Main Address
200 S HAMILTON RD, GAHANNA, OH, 43230
NTEE Category
Code: Z99 - Unknown
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