Civic Intelligence

University Development Group Inc

990T • Fiscal year 2022 • EIN 26-3118684

Jul 01, 2021 to Jun 30, 2022 • Filed on Mar 03, 2023

P O Box 333Kent, OH 44240

(330) 678-5203

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Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

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No earlier filing loaded for comparison.

Liabilities

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No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

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No earlier filing loaded for comparison.

Expenses

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No earlier filing loaded for comparison.

Net Income

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No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2013: $224,356Net Assets 2013: $224,3562013Assets 2014: $233,557Net Assets 2014: $233,5572014Assets 2015: $143,441Net Assets 2015: $143,4412015Assets 2016: $234,160Net Assets 2016: $234,1602016Assets 2017: $205,142Liabilities 2017: $0Net Assets 2017: $205,1422017Assets 2018: $203,374Liabilities 2018: $0Net Assets 2018: $203,3742018Assets 2019: $375,177Liabilities 2019: $0Net Assets 2019: $375,1772019Assets 2020: $375,764Liabilities 2020: $0Net Assets 2020: $375,7642020Assets 2021: $529,792Liabilities 2021: $0Net Assets 2021: $529,7922021Assets 2022: $65,873Liabilities 2022: $0Net Assets 2022: $65,8732022

Latest loaded filing

2022

Assets$65,873
Liabilities$0
Net Assets$65,873

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2013: $141,080Expenses 2013: $132,245Net Income 2013: $8,8352013Revenue 2014: $163,409Expenses 2014: $154,208Net Income 2014: $9,2012014Revenue 2015: $139,880Expenses 2015: $229,996Net Income 2015: -$90,1162015Revenue 2016: $183,775Expenses 2016: $93,056Net Income 2016: $90,7192016Revenue 2017: $139,087Expenses 2017: $168,105Net Income 2017: -$29,0182017Revenue 2018: $248,147Expenses 2018: $249,915Net Income 2018: -$1,7682018Revenue 2019: $211,843Expenses 2019: $40,040Net Income 2019: $171,8032019Revenue 2020: $230,737Expenses 2020: $230,150Net Income 2020: $5872020Revenue 2021: $203,182Expenses 2021: $49,154Net Income 2021: $154,0282021Revenue 2022: $230,679Expenses 2022: $694,598Net Income 2022: -$463,9192022

Latest loaded filing

2022

Revenue$230,679
Expenses$694,598
Net Income-$463,919
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 3, 2023
Return Version
2021v4.3
Mission and Program Overview

Mission

University development group, inc was formed to manage property owned by kent state university and hold equity interests or licenses in start up entities. The companyis a conduit that helps in formation of new businesses, creation ofjobs and revitalization and growth in northeast ohio. They also promoteacademic achievement and enhance education by providing opportunities for students in the business and entrepreneurial areas.

Filing and Contact Details

Filer

Filer Name
University Development Group Inc
EIN
26-3118684
Phone
3306785203
Address
P O BOX 333, KENT, OH 44240

Signing Officer

Name
Michael Drew
Title
President
Phone
3306785203
Signed
2023-03-03
Discuss with paid preparer
Yes

Preparer

Firm
Apple Growth Partners
Address
1540 WEST MARKET ST, AKRON, OH 44313
Preparer
Robert W Fisher CPA
Phone
3308677350
Raw XML Appendix84 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990T/BooksInCareOfDetail/PhoneNum03302833822
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 333
IRS990T/BooksInCareOfDetail/USAddress/CityNm0KENT
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd044240
IRS990T/BookValueAssetsEOYAmt065873
IRS990T/ChangeInMethodOfAccountingInd00
IRS990T/CharitableContributionsDedAmt00
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IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalOrdinaryGainLossAmt0-2
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt0-111373
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
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IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt0-111375
IRS990TScheduleA/TotUnrltTrdBusIncmAmt0-111375
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL DREW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03306785203
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UNIVERSITY DEVELOPMENT GROUP INC
ReturnHeader/Filer/BusinessNameControlTxt0UNIV
ReturnHeader/Filer/EIN0263118684
ReturnHeader/Filer/PhoneNum03306785203
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 333
ReturnHeader/Filer/USAddress/CityNm0KENT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044240
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341082617
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0APPLE GROWTH PARTNERS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01540 WEST MARKET ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AKRON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044313
ReturnHeader/PreparerPersonGrp/PhoneNum03308677350
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT W FISHER CPA
ReturnHeader/ReturnTs02023-03-03T13:55:36-06:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DREW
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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