Historic Warehouse District Development Corporation Of Cleve
- Assets
- $973.9k
- Revenue
- $332.3k
- Investments
- $318.8k
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 10/1981
- Data as of
- 12/2021
- EIN
- 34-1323220
Organization Overview
Historic Warehouse District Development Corporation Of Cleve is located in Cleveland, OH. The organization was established in 1981. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historic Warehouse District Development Corporation Of Cleve is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Historic Warehouse District Development Corporation Of Cleve generated $332.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $275.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE HISTORIC WAREHOUSE DISTRICT DEVELOPMENT CORPORATION OF CLEVELAND IS A NON-PROFIT ORGANIZATION FORMED IN 1980 TO COORDINATE AND STIMULATE REDEVELOPMENT FOR A UNIQUE, MIXED-USE, NEIGHBORHOOD FOR DOWNTOWN CLEVELAND, OHIO COMMONLY KNOW AS THE WAREHOUSE DISTRICT. ITS MISSION IS TO CHAMPION AND INSPIRE OPPORTUNITIES FOR GROWTH IN THE WAREHOUSE DISTRICT. OUR PROGRAMS WORK TO PROVIDE SUSTAINED PROGRAM FUNDING FOR SECURITY, STREETSCAPE AND GREEN SPACE CREATION AND MAINTENANCE, AND MARKETING SUPPORT RESOURCES FOR ALL ASPECTS OF THE WAREHOUSE DISTRICT. WE ADMINISTER A HISTORIC PRESERVATION EASEMENT PROGRAM TO PROTECT AND PRESERVE IN PERPETUITY THE WAREHOUSE DISTRICT'S RICH BUILDING STOCK. IN ADDITION, WE PROVIDE LIMITED TECHNICAL ASSISTANCE THROUGH THE DESIGN REVIEW PROCESS AND THE CITY OF CLEVELAND'S STOREFRONT RENOVATION PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HISTORIC PRESERVATION TO ENCOURAGE THE PERSERVATION AND REVITALIZATION OF CLEVELAND'S WAREHOUSE DISTRICT WITH DEVELOPMENT OF A VIABLE RESIDENTIAL, COMMERCIAL, AND RETAIL COMMUNITY.
PLANNING AND DEVELOPMENT: THE ORGANIZATION PROVIDES ASSISTANCE THAT INCLUDES QUESTIONS ABOUT ZONING, FUNDING PROGRAMS, AND DESIGN REVIEW REQUIREMENTS.
AREA-WIDE MARKETING: THE ORGANIZATION PROVIDES AREA-WIDE MARKETING IN THE FORM OF SPECIAL EVENTS, AREA PROMOTIONS, PUBLICATION, AND A WEB PRESENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Yablonsky Executive Director | Officer | 5 | $2,500 |
Maribeth Feke President | OfficerTrustee | 2 | $0 |
Pj Saracusa Vice President | OfficerTrustee | 2 | $0 |
Richard Sheehan Secretary | OfficerTrustee | 2 | $0 |
Jeanette Shemo Treasurer | OfficerTrustee | 2 | $0 |
Michael Deemer CEO | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $17,050 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $119,900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,950 |
| Total Program Service Revenue | $196,239 |
| Investment income | $903 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,813 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $332,279 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $605 |
| Fees for services: Accounting | $10,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $184,482 |
| Advertising and promotion | $2,315 |
| Office expenses | $16,836 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,255 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,364 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,737 |
| All other expenses | $0 |
| Total functional expenses | $275,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $467,067 |
| Savings and temporary cash investments | $80,889 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $106,648 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $529 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $318,797 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $973,930 |
| Accounts payable and accrued expenses | $74,742 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $74,742 |
| Net assets without donor restrictions | $899,188 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $973,930 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Historic Warehouse District Development Corporation Of Cleve has recieved totaling $98,941.
| Awarding Organization | Amount |
|---|---|
Downtown Cleveland Alliance Cleveland, OH PURPOSE: NEIGHBORHOOD & ECONOMIC DEVELOPMENT | $98,941 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Heritage Mark Foundation East Lansing, MI | $12,066,077 | $372,589 |
Detroit Historical Society Detroit, MI | $8,852,742 | $2,440,000 |
Historical Society Of Pennsylvania Philadelphia, PA | $29,519,223 | $5,864,620 |
Ohio Historical Society Foundation Columbus, OH | $22,693,832 | $2,410,812 |
Bucks County Historical Society Mercer Museum Doylestown, PA | $25,757,784 | $3,151,386 |
Carriage Town Ministries Flint, MI | $8,458,686 | $3,709,862 |
Lancasterhistory Org Lancaster, PA | $21,295,803 | $1,939,476 |
Historic Hoosier Hills R C & D Inc Versailles, IN | $314,933 | $2,266,391 |
Partners For Sacred Places Inc Philadelphia, PA | $5,285,974 | $2,628,300 |
Ohio & Erie Canalway Coalition Akron, OH | $9,640,021 | $4,067,863 |
Language Conservancy Bloomington, IN | $1,366,684 | $2,095,112 |
The Flagship Niagara League Erie, PA | $891,920 | $1,486,616 |