Overview
What is Medina City Development Corporation?
Medina City Development Corporation is a nonprofit organization situated in Medina, Ohio, dedicated to fostering industrial, economic, commercial, and civic growth in the city. By taking on the role of lessening governmental burdens, they combat community deterioration and work towards rejuvenating neglected areas by purchasing and restoring abandoned or underdeveloped properties. The corporation, led by Kimberly Marshall, plays a crucial role in revitalizing Medina, Ohio, contributing to its overall development and prosperity.
Is Medina City Development Corporation legitimate?
Medina City Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medina City 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.
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What is the mission statement of Medina City Development Corporation?
The Medina City Development Corporation aims to stimulate industrial, economic, commercial, and civic growth within an unspecified city. They work towards lessening the burden of government by addressing community deterioration and revitalizing underdeveloped or abandoned properties. Their primary objective is to encourage development and improve the overall condition of the community.
Who is the CEO of Medina City Development Corporation?
Kimberly Marshall is the Director of Medina City Development Corporation.
What is the revenue of Medina City Development Corporation?
Medina City Development Corporation's revenue in 2022 was $216,110.
Who are the executives of Medina City Development Corporation and what are their salaries?
There 7 volunteers at Medina City Development Corporation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Medina City Development Corporation?
Medina City Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Medina City Development Corporation
Medina City Development Corporation, in its mission, strives to foster and advance industrial, economic, commercial, and civic development within the community. The corporation's primary goal is to lessen the burden on government by combating community deterioration and rejuvenating existing areas that have fallen into disrepair. This mission is achieved by proactively purchasing and restoring abandoned or underdeveloped properties, thereby contributing to the overall improvement and growth of the community. The leadership of Medina City Development Corporation is under the guidance of Kimberly Marshall.
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Impact
October, 2024
Medina City Development Corporation significantly impacts Medina, Ohio by driving industrial, economic, and commercial growth. Its efforts focus on encouraging civic development and revitalizing the community, which fosters a vibrant local economy. Through the purchase and restoration of abandoned or underdeveloped properties, the corporation combats community deterioration, enhancing the overall aesthetic and functionality of the city.
By addressing these issues, it not only improves property values but also creates job opportunities and encourages local business development. This proactive approach lessens the burdens typically placed on government resources, allowing for a more sustainable and engaged community. Ultimately, the corporation plays a vital role in shaping the future of Medina, making it a better place for residents and businesses alike.
This information is meant to be a general summary of Medina City 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.
- Gross Receipts: $216,110
Assets and Liabilities:
- Total Assets: $367,456
- Total Liabilities: $0
- Net Assets: $367,456
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Organization Details
Founding Year
2012
Phone
(330) 723-6404Principal Officer
Kimberly Marshall
Main Address
132 NORTH ELMWOOD STREET, MEDINA, OH, 44256
NTEE Category
Code: S20 - Community improvement
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