Medina City Development Corp is located in Medina, OH. The organization was established in 2014. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medina City Development Corp 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, Medina City Development Corp generated $900.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (46.3%) each year. All expenses for the organization totaled $10.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SEE OUR MISSION STATEMENT ATTACHED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis Hanwell Director | 2 | $0 | |
John Coyne Director | 2 | $0 | |
James Shields Director | 2 | $0 | |
Bert Humpal Director | 2 | $0 | |
Rick Dilsavor Director | 2 | $0 | |
Paul Rose Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $900 |
Total Revenue | $900 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $7,200 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,791 |
Total expenses | $9,991 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $48,709 |
Other assets | $0 |
Total assets | $166,349 |
Total liabilities | $0 |
Net assets or fund balances | $166,349 |
Organization Name | Assets | Revenue |
---|---|---|
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