Overview
What is Shaker Heights Development Corporation?
Shaker Heights Development Corporation (SHDC) is a nonprofit organization situated in Shaker Heights, Ohio. With a modest workforce of two individuals, its primary mission is to bolster the commercial revitalization initiatives of the city of Shaker Heights. This objective aims to fortify residential neighborhoods and broaden the city's tax base. Beyond this, the SHDC operates as a coworking space, catering to remote workers, freelancers, entrepreneurs, and small businesses. This coworking community provides a conducive environment for individuals seeking to work outside a traditional office setting.
Official website here: www.shakerdevcorp.com
Is Shaker Heights Development Corporation legitimate?
Shaker Heights Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shaker Heights 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: $82,694
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Official website here: www.shakerdevcorp.com
What is the mission statement of Shaker Heights Development Corporation?
The Shaker Heights Development Corporation's mission is to boost the commercial revitalization initiatives of its city, aiming to enhance residential neighborhoods and diversify the city's tax base. This non-profit organization is committed to strengthening the local economy and fostering a more diverse financial foundation for the community. By improving commercial areas, the corporation strives to enhance the overall living conditions and quality of life for the city's residents.
Official website here: www.shakerdevcorp.com
Who is the CEO of Shaker Heights Development Corporation?
Benjamin Woodcock is the Treasurer of Shaker Heights Development Corporation.
Official website here: www.shakerdevcorp.com
What is the revenue of Shaker Heights Development Corporation?
Shaker Heights Development Corporation's revenue in 2022 was $363,023.
Official website here: www.shakerdevcorp.com
Who are the executives of Shaker Heights Development Corporation and what are their salaries?
The average compensation at Shaker Heights Development Corporation during 2022 was $41,347. There are 2 employees and 18 volunteers at Shaker Heights Development Corporation.
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Official website here: www.shakerdevcorp.com
Where can I find the form 990 for Shaker Heights Development Corporation?
Shaker Heights Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shakerdevcorp.com
Learn more at the official website: www.shakerdevcorp.com
Mission Statement of Shaker Heights Development Corporation
Shaker Heights Development Corporation (SHDC) is dedicated to enhancing the commercial revitalization efforts within the city of Shaker Heights. Their mission is aimed at strengthening residential neighborhoods and diversifying the city's tax base. By focusing on commercial revitalization, SHDC aims to contribute positively to the city's economy and improve the living conditions of its residents. This mission is crucial in ensuring a balanced and sustainable development within the city.
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Impact
October, 2024
Shaker Heights Development Corporation plays a crucial role in enhancing the commercial landscape of Shaker Heights, Ohio. Its mission focuses on revitalizing local businesses, which not only strengthens the residential neighborhoods but also diversifies the city's tax base. By supporting initiatives that foster commercial growth, the organization contributes to a thriving economy that benefits all residents.
One of its key initiatives is the creation of a coworking community, which serves as a hub for remote workers, freelancers, entrepreneurs, and small businesses. This space encourages collaboration and innovation, while also providing essential resources and networking opportunities that help small enterprises flourish.
Overall, the impact of Shaker Heights Development Corporation is evident in its commitment to commercial revitalization, which enhances the quality of life for residents, bolsters the local economy, and promotes sustainable community development in Shaker Heights.
This information is meant to be a general summary of Shaker Heights 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: $19,131
- Program Service Revenue: $168,258
- Gross Receipts: $448,839
Assets and Liabilities:
- Total Assets: $1,445,329
- Total Liabilities: $401,432
- Net Assets: $1,043,897
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEALERSHIP INCOME
Revenue
$134,555
PROPERTY INCOME
Revenue
$33,703
Organization Details
Founding Year
1980
Phone
(216) 491-1425Principal Officer
Benjamin Woodcock
Main Address
3400 LEE ROAD, SHAKER HEIGHTS, OH, 44120
Website
www.shakerdevcorp.comNTEE Category
Code: S20 - Community improvement
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