Stark Development Board Finance Corp is located in Canton, OH.
For the year ending 06/2017, Stark Development Board Finance Corp generated $133.4k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $199.1k during the year ending 06/2017. 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
2017
Describe the Organization's Program Activity:
Part 3
THE STARK DEVELOPMENT BOARD FINANCE CORPORATION'S OBJECTIVE IS TO FOSTER ECONOMIC DEVELOPMENT IN THE NORTHEAST OHIO AREA BY PROVIDING A PORTION OF LONG-TERM FIXED ASSET FINANCING FOR SMALL BUSINESS PROJECTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Schilling Director | 2 | $0 | |
Raymond Hexamer President | 5 | $0 | |
Robert P Nelson Secretary | 2 | $0 | |
William R Schumacher III Director | 2 | $0 | |
Stephen L Paquette Past President | 5 | $0 | |
Vince Marion Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $124,691 |
| Membership dues | $0 |
| Investment income | $6,754 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,000 |
| Total Revenue | $133,445 |
| 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 | $164,167 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $672 |
| Other expenses | $34,285 |
| Total expenses | $199,124 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |