Western Reserve Revitalization & Management Co

Organization Overview

Western Reserve Revitalization & Management Co is located in Cleveland, OH. The organization was established in 2003. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Reserve Revitalization & Management Co 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, Western Reserve Revitalization & Management Co generated $17.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $10.1m during the year ending 12/2021. While expenses have increased by 7.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FORMATION OF THE COMPANY IS FOR THE AID IN PLANNING, UNDERTAKING, CONSTRUCTION AND OPERATION OF HOUSING PROJECTS WITHIN CUYAHOGA COUNTY, OHIO.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO DEVELOP LOW AND MODERATE INCOME HOUSING IN TARGET NEIGHBORHOODS IN CUYAHOGA COUNTY.


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Board, Officers & Key Employees

Name (title)Compensation
Jeffery K Patterson
Vice President
$66,213
Rachel Loewy
Secretary
$56,036
Jeffery Wade
Treasurer
$39,060
Stephanie Pope-Earley
President
$0
Name Not Listed
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$16,400,847
Investment income $4,928
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $17,708,509

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Western Reserve Revitalization & Management Co has recieved totaling $20,000.

Awarding OrganizationAmount
Enterprise Community Partners Inc

Columbia, MD

PURPOSE: CAPACITY BUILDING

$20,000
View Grant Recipient Profile

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