Alloy Development Co Inc

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

EIN: 311061640 ✦ Cincinnati, OH ✦ Designated as a 501(c)(4)

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Overview

What is Alloy Development Co Inc?

Alloy Development Co Inc, located in Cincinnati, Ohio, is a comprehensive economic development entity serving Hamilton County. Their primary mission is to enhance the economic well-being of the communities and businesses in the area. They accomplish this through various economic development programs. The company serves as a driving force promoting economic growth in Hamilton County, the Greater Cincinnati area, and the state of Ohio. With a team of 25 dedicated professionals, Alloy Development Co Inc strives to improve the local economy and overall community vitality.


Official website here: www.alloydev.org

Is Alloy Development Co Inc legitimate?

Alloy Development Co Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Alloy Development Co 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: $1,019,563
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,178,773

For more financial information, click here


Official website here: www.alloydev.org

What is the mission statement of Alloy Development Co Inc?

Alloy Development Co Inc, as a comprehensive driving force, is dedicated to promoting economic development in Hamilton County, the greater Cincinnati area, and the state of Ohio. Their mission is to enhance the economic well-being of the communities and businesses they serve through various economic development programming. The economic development division of Alloy Development Co Inc works tirelessly to improve the local economy, striving to make a positive impact on the areas they serve.


Official website here: www.alloydev.org

Who is the CEO of Alloy Development Co Inc?

Patrick N Longo is the Chair, Board Of Directors of Alloy Development Co Inc.


Official website here: www.alloydev.org

What is the revenue of Alloy Development Co Inc?

Alloy Development Co Inc's revenue in 2022 was $10,336,501.


Official website here: www.alloydev.org

Who are the executives of Alloy Development Co Inc and what are their salaries?

The average compensation at Alloy Development Co Inc during 2022 was $87,933. There are 25 employees and 15 volunteers at Alloy Development Co Inc.


Here are 22 key members and their salaries:


David Jackson (Chair, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurence Jones (Vice Chair, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Geeding (Treasurer, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Huber (Secretary, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Robinson (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brendan Burns (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Xeil Lyons (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Wyant (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Rickard (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Stieger (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyla Woods (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Diedrichs (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Hinton (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micha Meyer (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelia Mixon (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Saelinger (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Longo (President)
  • Compensation: $201,156
  • Related: $0
  • Other: $50,889
Kristi Reynek (Vp, Finance/Hr)
  • Compensation: $69,490
  • Related: $0
  • Other: $20,434
Harry Blanton (Senior Vp/Ed Director)
  • Compensation: $169,146
  • Related: $0
  • Other: $18,818
Andrew Young (Senior Vp/Commercial Capital)
  • Compensation: $168,530
  • Related: $0
  • Other: $14,690
Catherine Fitzgerald (Vice President/Ed Director)
  • Compensation: $119,838
  • Related: $0
  • Other: $31,788
Jonathan Main (Vice President/Commercial Capital)
  • Compensation: $107,970
  • Related: $0
  • Other: $46,814


Official website here: www.alloydev.org

Where can I find the form 990 for Alloy Development Co Inc?

Alloy Development Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.alloydev.org

Learn more at the official website: www.alloydev.org

Mission Statement of Alloy Development Co Inc

Alloy Development Co Inc, as a comprehensive driving force, is committed to promoting economic development in Hamilton County, the Greater Cincinnati area, and the state of Ohio. This nonprofit organization serves as an economic development entity, striving to improve the economic well-being of the communities and businesses it serves through its economic development programming. The mission of Alloy Development Co Inc is to serve as a catalyst for economic growth and development, aiming to create a thriving and prosperous region for all its residents.

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Impact




October, 2024

Alloy Development Co Inc has a significant impact on the economic landscape of Hamilton County, the Greater Cincinnati area, and the State of Ohio. By acting as a comprehensive economic development entity, it focuses on enhancing the economic well-being of local communities and businesses through targeted development programs. This initiative not only fosters growth and sustainability within the area but also strengthens the overall economic framework.

The organization's mission to serve as a driving force in promoting economic development enables it to identify opportunities and implement strategies that attract investments, create jobs, and support business expansion. By prioritizing community improvement, Alloy Development Co Inc plays a vital role in empowering local economies, addressing challenges, and fostering a collaborative environment where businesses can thrive.

With its efforts concentrated on Hamilton County and beyond, Alloy Development Co Inc helps to cultivate a robust economic environment that benefits residents, entrepreneurs, and stakeholders alike, ultimately contributing to a vibrant and prosperous region.




This information is meant to be a general summary of Alloy Development Co 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
$10,336,501 (2022)
Expenses
$10,171,411 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,278
  • Program Service Revenue: $2,131,508
  • Gross Receipts: $10,336,501

Assets and Liabilities:

  • Total Assets: $5,524,994
  • Total Liabilities: $1,844,622
  • Net Assets: $3,680,372

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LENDING SERVICE & PROCESSING FEES

Revenue

$1,642,274

ECONOMIC DEVELOPMENT

Revenue

$249,234

RENTAL INCOME

Revenue

$240,000

Organization Details

Founding Year

1983

Principal Officer

Patrick N Longo

Main Address

1776 MENTOR AVENUE 100, CINCINNATI, OH, 45212

NTEE Category

Code: S30 - Community improvement

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