Overview
What is Euclid Development Corporation?
Euclid Development Corporation is a small, nonprofit organization, located at 585 East 222nd Street, Euclid, Ohio. Their primary mission is to stimulate and foster residential development and revitalization within the City of Euclid. They achieve this by offering home improvement loans and financing for necessary repairs to qualified homeowners within the city. This initiative aims to contribute to the overall improvement and growth of Euclid's residential neighborhoods. The corporation has a team of one dedicated individual working towards their mission.
Official website here: www.cityofeuclid.com
Is Euclid Development Corporation legitimate?
Euclid Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Euclid Development Corporation 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: $30,563
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cityofeuclid.com
What is the mission statement of Euclid Development Corporation?
Euclid Development Corporation's mission is centered around promoting and fostering residential development and revitalization within a specific city. This organization actively works towards encouraging such growth and improvement, collaborating closely with the city in question. Their primary activities include offering home improvement loans and financial assistance to eligible homeowners for repairing property violations. The corporation's goal is to contribute positively to the overall development and enhancement of the residential sector within the city.
Official website here: www.cityofeuclid.com
Who is the CEO of Euclid Development Corporation?
Belinda Fulton is the President of Euclid Development Corporation.
Official website here: www.cityofeuclid.com
What is the revenue of Euclid Development Corporation?
Euclid Development Corporation's revenue in 2022 was $207,123.
Official website here: www.cityofeuclid.com
Who are the executives of Euclid Development Corporation and what are their salaries?
The average compensation at Euclid Development Corporation during 2022 was $30,563. There is 1 employee at Euclid Development Corporation.
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- Compensation: $30,563
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Official website here: www.cityofeuclid.com
Where can I find the form 990 for Euclid Development Corporation?
Euclid Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cityofeuclid.com
Learn more at the official website: www.cityofeuclid.com
Mission Statement of Euclid Development Corporation
Euclid Development Corporation, as a nonprofit entity, is committed to promoting and encouraging residential development and revitalization within its sphere of influence. This organization's mission is to inspire and facilitate the enhancement of residential properties within the City of Euclid. To achieve this goal, Euclid Development Corporation offers home improvement loans and financial assistance to eligible homeowners who need to repair violations in their residences, thereby contributing to the overall improvement of the community. By focusing on residential development and revitalization, Euclid Development Corporation aims to foster a sense of pride and community among its residents, ultimately enhancing the quality of life in the area.
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Impact
October, 2024
Euclid Development Corporation plays a vital role in promoting and encouraging residential development and revitalization within the City of Euclid, Ohio. Its impact is largely seen through its provision of home improvement loans and financial assistance for the repair of code violations, which supports qualifying homeowners in enhancing their properties.
By facilitating access to these loans, Euclid Development Corporation helps to improve housing conditions, increase property values, and foster a sense of community pride. This initiative not only aids individual homeowners but also contributes to the overall revitalization of neighborhoods within Euclid, creating a more attractive and welcoming environment for residents and potential newcomers alike.
Moreover, the organization’s efforts align with broader urban development goals, making Euclid a more desirable place to live. Through its commitment to residential development, Euclid Development Corporation enhances the quality of life for its residents and contributes positively to the city’s economic growth and sustainability.
This information is meant to be a general summary of Euclid Development Corporation. 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: $18,408
- Gross Receipts: $207,123
Assets and Liabilities:
- Total Assets: $2,901,480
- Total Liabilities: $2,776
- Net Assets: $2,898,704
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Organization Details
Founding Year
1977
Phone
(216) 289-4625Principal Officer
Belinda Fulton
Main Address
585 East 222nd Street, Euclid, OH, 44123
Website
www.cityofeuclid.comNTEE Category
Code: L80Z - Housing
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