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Community Improvement Corporation O

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

EIN: 341689583 ✦ Shelby, OH ✦ Designated as a 501(c)(3)

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Overview

What is Community Improvement Corporation O?

Community Improvement Corporation O, based in Shelby, Ohio, serves as a catalyst for economic development in the city. Their primary mission is to foster a collaborative public-private partnership, investing in the growth and prosperity of Shelby, Ohio. They oversee the funding of an economic development liaison employed by the Richland County Chamber of Commerce, whose role is to attract, retain, and support local businesses. The organization is also responsible for the development of the Downtown Revitalization Plan and various projects for Shelby, which commenced in 2021. By engaging in these initiatives, Community Improvement Corporation O aims to benefit the 9,000 residents of Shelby, Ohio.


Official website here: www.shelbycic.com

Is Community Improvement Corporation O legitimate?

Community Improvement Corporation O is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Improvement Corporation O 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.shelbycic.com

What is the mission statement of Community Improvement Corporation O?

The Community Improvement Corporation, hereafter referred to as the corporation, is committed to fostering an inclusive public-private partnership aimed at promoting growth within a community. This partnership is invested in the prosperity of the city, with the specific focus being on a particular city, although the information does not provide its name. The corporation's mission is to assist in the funding of an economic development liaison employed by the local Chamber of Commerce. This liaison's role is to attract, retain, and support the growth of local businesses, ultimately benefiting the community's residents. The corporation also oversees the development of a downtown revitalization plan and projects, which commenced in 2021.


Official website here: www.shelbycic.com

Who is the CEO of Community Improvement Corporation O?

Jacob Penwell is the President of Community Improvement Corporation O.


Official website here: www.shelbycic.com

What is the revenue of Community Improvement Corporation O?

Community Improvement Corporation O's revenue in 2022 was $181,478.


Official website here: www.shelbycic.com

Who are the executives of Community Improvement Corporation O and what are their salaries?

There 36 volunteers at Community Improvement Corporation O.


Here are 16 key members and their salaries:


Jacob Penwell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cody Albert (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Marissa Miller (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Kemerer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Schag (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Gies (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Combs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Tarvin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Nickoli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodie Perry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Armintrout (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ensman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Copper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Sampsel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Frazier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacie Gunder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shelbycic.com

Where can I find the form 990 for Community Improvement Corporation O?

Community Improvement Corporation O's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.shelbycic.com

Learn more at the official website: www.shelbycic.com

Mission Statement of Community Improvement Corporation O

Community Improvement Corporation O, in its mission, fosters an inclusive public-private community partnership dedicated to fostering growth within its city. By investing in this partnership, the corporation aims to positively impact the local community, benefiting its residents. A key initiative of Community Improvement Corporation O is its involvement in the Path Forward Project, which assists in funding an economic development liaison employed by the Richland County Chamber of Commerce. This liaison plays a crucial role in attracting, retaining, and aiding in the growth of businesses within Shelby, Ohio, ultimately benefiting the city's 9,000 residents. Furthermore, Community Improvement Corporation O takes charge of the development of Downtown Revitalization plans and projects for Shelby, Ohio, marking the beginning of such initiatives in 2021.

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Impact




October, 2024

Community Improvement Corporation O plays a crucial role in driving economic development and revitalization in Shelby, Ohio. Through its Path Forward Project, the organization funds an Economic Development Liaison employed by the Richland County Chamber of Commerce. This liaison is dedicated to attracting, retaining, and growing local businesses, directly benefiting the 9,000 residents of Shelby.

In addition to supporting local businesses, the organization oversees the Downtown Revitalization Plan, initiated in 2021, which aims to enhance the city's infrastructure and aesthetic appeal. By fostering a collaborative public-private partnership, Community Improvement Corporation O ensures that the growth and development of Shelby are inclusive and community-focused, creating a thriving environment for both residents and businesses. Its efforts are pivotal in shaping a sustainable economic future for the city.




This information is meant to be a general summary of Community Improvement Corporation O. 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
$181,478 (2022)
Expenses
$169,692 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $607
  • Gross Receipts: $202,540

Assets and Liabilities:

  • Total Assets: $919,296
  • Total Liabilities: $0
  • Net Assets: $919,296

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Organization Details

Founding Year

2013

Principal Officer

Jacob Penwell

Main Address

43 W MAIN STREET, SHELBY, OH, 44875

NTEE Category

Code: S20 - Community improvement

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