Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
Old Brooklyn Community Development
EIN 34-1177633 • 501(c)3 • Cleveland, OH
Profile
The mission of obcdc is to develop and revitalize the community by uniting and empowering residents, business leaders and government around plans and initiatives that achieve social, economic and civic improvement.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.32x
Liabilities / Revenue
76th percentile
Higher debt load relative to revenue than 76% of similar nonprofits.
Net Margin
90th percentile
Higher net margin than 90% of similar nonprofits.
Top Officer Pay
69th percentile
Higher top officer pay than 69% of similar nonprofits.
Top officer pay equals 3.1% of source-year revenue.
Asset Growth
92nd percentile
Faster asset growth than 92% of similar nonprofits.
Revenue Growth
90th percentile
Faster revenue growth than 90% of similar nonprofits.
Balance Sheet
Assets
Up$3,811,920
Up $1,622,755 (+74%) from 2022
Liabilities
Down$1,202,813
Down $418,062 (-26%) from 2022
Net Assets
Up$2,609,107
Up $2,040,817 (+359%) from 2022
Revenue
Up$3,396,563
Up $2,028,194 (+148%) from 2022
Expenses
Up$1,597,358
Up $299,647 (+23%) from 2022
Net Income
Up$1,799,205
Up $1,728,547 (+2446%) from 2022
Trend Graphs
Filings
Most recent year
2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $3,811,920
- Liabilities
- $1,202,813
- Net assets
- $2,609,107
- Revenue
- $3,396,563
- Expenses
- $1,597,358
- Net income
- $1,799,205
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2024 to Jun 30, 2025
- Signed
- Jan 23, 2026
- Return Version
- 2024v5.0
- Gross Receipts
- $3,396,563
Mission and Program Overview
Mission
The mission of obcdc is to develop and revitalize the community by uniting and empowering residents, business leaders and government around plans and initiatives that achieve social, economic and civic improvement.
The mission of obcdc is to grow old brooklyn through empowered partnerships, leadership, programming, and advocacy.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,282,152 | $2,837,812 | ▲ $1,555,660 |
| Pledges and Grants Receivable | $174,607 | $228,679 | ▲ $54,072 |
| Cash and Non-Interest-Bearing Accounts | $38,301 | $54,286 | ▲ $15,985 |
| Accounts Receivable | $29,728 | $44,845 | ▲ $15,117 |
| Prepaid Expenses and Deferred Charges | $16,552 | $15,848 | ▼ $704 |
| Total Assets | $2,295,879 | $3,811,920 | ▲ $1,516,041 |
| Other Assets Total | $754,539 | $630,450 | ▼ $124,089 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,204,296 | $973,403 | ▼ $230,893 |
| Accounts Payable and Accrued Expenses | $240,245 | $176,395 | ▼ $63,850 |
| Other Liabilities | $41,436 | $53,015 | ▲ $11,579 |
| Total Liabilities | $1,485,977 | $1,202,813 | ▼ $283,164 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $443,696 | $2,284,392 | ▲ $1,840,696 |
| Net Assets With Donor Restrictions | $366,206 | $324,715 | ▼ $41,491 |
| Total Net Assets Fund Balance | $809,902 | $2,609,107 | ▲ $1,799,205 |
| Total Liabilities and Net Assets / Fund Balance | $2,295,879 | $3,811,920 | ▲ $1,516,041 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,796,614 | $170,904 | $2,967,518 |
| Other Land Buildings | $2,290 | $30,543 | $32,833 |
| Equipment | $12,508 | $16,696 | $29,204 |
| Land | $26,400 | - | $26,400 |
| Other Assets Org | $89 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Lucas Reeve | Former Exec. | FT | $95,133 | $9,727 | $104,860 |
| Adam Saurwein | Vice Preside | PT | $57,877 | - | $57,877 |
Board Members and Trustees
| Name | Title |
|---|---|
| Brendan Zak | President |
| Berto Huertas | Board Member |
| Cherie Kaiser | Board Member |
| David Sharkey | Board Member |
| Jacob Vansickle | Board Member |
| Kate Warren | Board Member |
| Kerry Capwell | Board Member |
| Gordy Jones | Former Board |
| Marlon Brown | Former Board |
| Philena Seldon | Former Board |
| Andrew Katusin | Corporate Se |
| Greg Zucca | Ex-officio R |
| Katie Corr | Ex-officio R |
| David Robinson | Incoming Exe |
| Harry Quinones | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $3,100,543
- Program Service Revenue
- $59,761
- Investment Income
- $0
- Other Revenue
- $236,259
- All Other Contributions
- $549,776
- Change in Net Assets
- $1,799,205
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $3,396,563
- Total Revenue per Audited Statements
- $3,396,563
- Total Revenue per Form 990
- $3,396,563
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $842,658 |
| Other Expenses | $754,700 |
| Total Fundraising Expense | $34,938 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $507,073 | $28,362 | $5,339 | $540,774 |
| Current Officers, Directors, Trustees, and Key Employees | $143,462 | $8,018 | $1,530 | $153,010 |
| Occupancy | $73,611 | $7,405 | $85 | $81,101 |
| Payroll Taxes | $72,038 | $4,028 | $761 | $76,827 |
| Office Expenses | $53,074 | $11,619 | $60 | $64,753 |
| Other Employee Benefits | $49,915 | $2,792 | $527 | $53,234 |
| Fees for Services Accounting | - | $49,931 | - | $49,931 |
| Interest | $46,400 | - | - | $46,400 |
| Depreciation Depletion | $32,559 | $4,371 | - | $36,930 |
| Advertising | $28,464 | $2,158 | $5,905 | $36,527 |
| Pension Plan Contributions | $17,640 | $987 | $186 | $18,813 |
| Information Technology | - | $18,423 | - | $18,423 |
| Insurance | $15,038 | $2,587 | $4 | $17,629 |
| Fees for Services Other | - | $3,654 | - | $3,654 |
| Other Expenses | $2,850 | $3,632 | $20,520 | $2,850 |
| Conferences and Meetings | $1,957 | $109 | $21 | $2,087 |
| Fees for Services Legal | $525 | - | - | $525 |
| Travel | - | $44 | - | $44 |
| Total Functional Expenses | $1,412,434 | $149,986 | $34,938 | $1,597,358 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,597,358 |
| Total Expenses per Audited Statements | $1,597,358 |
| Total Expenses per Form 990 | $1,597,358 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Interested-Person Transactions
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Adam Saurwein | Vice President | Project Legal Serv | No | $57,877 |