EAST AKRON NEIGHBORHOOD DEVELOPMENT CORPORATION
550 S ARLINGTON ST, AKRON, OH 443061740 www.eandc.org

Total Revenue
$3,808,248
Total Expenses
$3,375,660
Net Assets
$17,503,053

Organizations Filed Purposes: EANDC WAS ORGANIZED FOR THE PURPOSE OF ENHANCING THE COMMUNITY OF EAST AKRON AND OTHER COMMUNITIES PRIMARILY LOCATED IN SUMMIT AND STARK COUNTY OHIO BY PROVIDING AFFORDABLE HOUSING, REHABILITIATING AND IMPROVING EXISTING HOUSING, PROVIDING ECONOMIC DEVELOPMENT OPPORTUNITIES FOR LOW AND MODERATE-INCOME INDIVIDUALS AND FAMILIES, PROVIDE COUNSELING, EDUCATION, AND FINANCIAL ASSISTANCE TO POTENTIAL FIRST-TIME HOMEBUYERS.

EAST AKRON NEIGHBORHOOD DEVELOPMENT CORPORATION (EANDC) IMPROVES COMMUNITIES BY PROVIDING QUALITY AND AFFORDABLE HOUSING, COMPREHENSIVE HOMEOWNERSHIP SERVICES AND ECONOMIC DEVELOPMENT OPPORTUNITIES.

ENERGY SERVICES. ENERGY SERVICES EANDC PROVIDES FOR THE ENERGY EFFICIENCY AND IMPROVEMENT OF EXISTING HOUSING IN THE AKRON AREA BY PROVIDING A VARIETY OF PROGRAMS TO ELIGIBLE HOUSEHOLDS SUCH AS EMERGENCY HOME REPAIR, HOUSEWARMING, AND THE ELECTRIC PARTNERSHIP PROGRAMS.

COMMUNITY BUILDING AND ENGAGEMENT. EANDC PROVIDES OUTREACH WITH RESIDENTS TO BETTER INFORM THEM OF CAPITAL PROJECTS AND TO INCREASE AND IMPROVE OTHER SOCIAL SERVICES WITH A REVITALIZATION PLAN OF LOCAL AREAS.

AFFORDABLE HOUSING OPERATIONS. EANDC WAS ORGANIZED FOR THE PURPOSE OF ENHANCING THE COMMUNITY OF EAST AKRON AND OTHER COMMUNITIES PRIMARILY LOCATED IN SUMMIT AND STARK COUNTY OHIO WITH A SPECIAL EMPHASIS ON PROVIDING ECONOMIC DEVELOPMENT OPPORTUNITIES FOR LOW AND MODERATE-INCOME INDIVIDUALS AND FAMILIES. AFFORDABLE HOUSING DEVELOPMENT AND MANAGEMENT (CONT.) EANDC CURRENTLY MANAGES 373 SCATTERED SITE SINGLE FAMILY HOMES, TWO 40-UNIT SENIOR CITIZENS BUILDINGS, A 6-UNIT AND 10-UNIT APARTMENT BUILDING, A 34-UNIT AND 50-UNIT MULTIFAMILY HOUSING PROJECT, A 25-UNIT TOWNHOME AND 6UNIT APARTMENT BUILDING COMMUNITY, AND A 30-UNIT MULTIFAMILY TOWNHOME COMMUNITY IN AKRON, OHIO, WHICH ARE OWNED BY THE PROJECT ENTITIES. EANDC WORKS WITH OTHER NONPROFIT AGENCIES AND CURRENTLY MANAGES AN ADDITIONAL ONE UNIT OF AFFORDABLE HOUSING OWNED BY UNRELATED OWNERS AND 63 UNITS OWNED BY THE PROJECT ENTITIES IN WHICH EANDC IS A MINORITY OWNER OF THE MANAGING MEMBER.EANDC OBTAINS FEDERAL AND STATE GRANTS OR LOAN FUNDS FOR THE PURPOSE OF LOANING THE FUNDS TO THE PROJECT ENTITY AS "SOFTSECOND" MORTGAGES, REPAYABLE TO EANDC ONLY FROM THE CASH FLOW OR SALE OF A PROJECT.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Cheryl StephensPRESIDENT/CEO40$157,668
Kelly BarrVICE PRESIDENT OF OPERATIONS40$105,277
Michael KellyBOARD CHARMAN1$0
Gregory PatridgeBOARD CHARMAN1$0
Joseph GeorgeBOARD CHARMAN1$0
Todd DonleyBOARD MEMBER1$0
Crystal Hawkins-HarperBOARD MEMBER1$0
Jerry BrownBOARD MEMBER1$0
Sue HoistenSECRETARY1$0
David BuchananBOARD CHARMAN1$0
Brett KimmellTREASURER1$0
John HickeyVICE CHAIRMAN1$0
Willie EdgersonBOARD MEMBER1$0
Annette Grimes-HammondsBOARD MEMBER1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023219349303427_public.xml