Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
EIN 45-4224664 • 501(c)3 • Cleveland, OH
Profile
The ohio city improvement corporation strives to create a clean, safe, and vibrant neighborhood that embraces ohio city's rich history while building toward the future. Our mission is anchored by principles that balance growth with respect for our environment and social equity.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
15th percentile
Faster asset growth than 15% of similar nonprofits.
Revenue Growth
6th percentile
Faster revenue growth than 6% of similar nonprofits.
Assets
Up$544,322
Up $113,793 (+26%) from 2022
Liabilities
Up$54,793
Up $5,915 (+12%) from 2022
Net Assets
Up$489,529
Up $107,878 (+28%) from 2022
Revenue
Up$747,593
Up $66,187 (+9.7%) from 2022
Expenses
Up$695,116
Up $169,911 (+32%) from 2022
Net Income
Down$52,477
Down $103,724 (-66%) from 2022
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The ohio city improvement corporation strives to create a clean, safe, and vibrant neighborhood that embraces ohio city's rich history while building toward the future. Our mission is anchored by principles that balance growth with respect for our environment and social equity.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $475,985 | $527,360 | ▲ $51,375 |
| Land, Buildings, and Equipment, Net | $17,697 | $15,462 | ▼ $2,235 |
| Accounts Receivable | - | $1,500 | - |
| Total Assets | $493,682 | $544,322 | ▲ $50,640 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $56,630 | $54,793 | ▼ $1,837 |
| Total Liabilities | $56,630 | $54,793 | ▼ $1,837 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $437,052 | $489,529 | ▲ $52,477 |
| Total Net Assets Fund Balance | $437,052 | $489,529 | ▲ $52,477 |
| Total Liabilities and Net Assets / Fund Balance | $493,682 | $544,322 | ▲ $50,640 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $15,462 | $6,892 | $22,354 |
| Name | Title |
|---|---|
| Michael Dostal | Board Chair |
| Mark Raymond | Vice Chair |
| Graham Veysey | Board Member |
| Jake Taylor | Board Member |
| John Gill | Board Member |
| Matt Moss | Board Member |
| Paul Vogelsang | Board Member |
| Peter Snavely | Board Member |
| Sam Mcnulty | Board Member |
| Chris Rodriguez | Board Mermbe |
| Teresa Smucny | Secretary |
| Dan Whalen | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $695,116 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $607,654 | $1,050 | - | $608,704 |
| Fees for Services Management | $58,256 | - | - | $58,256 |
| Occupancy | - | $11,437 | - | $11,437 |
| Travel | $7,681 | - | - | $7,681 |
| Insurance | - | $3,431 | - | $3,431 |
| Conferences and Meetings | $3,212 | - | - | $3,212 |
| Depreciation Depletion | - | $2,235 | - | $2,235 |
| Office Expenses | - | $160 | - | $160 |
| Total Functional Expenses | $676,803 | $18,313 | $0 | $695,116 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Each owner of real property within the district, other than the state of ohio and the united states of america, will be a member of the district subject to the requirement in orc chapter 1710.01 that any county, municipad corporation or church owning property in the district must request in writing that its property be included in the district. The members elect the board of directors form 990 is reviewed by the executive board prior to filing. The federal form 990 is provided upon request. Consistent with the requirements of section 6104(d) of the irc and the regulations thereunder, copies of the organization's governing documents shall be made available upon request, in a timely manner, and subject to the charges permitted by law to any individual who request it.”
“Each owner of real property within the district, other than the state of ohio and the united states of america, will be a member of the district subject to the requirement in orc chapter 1710.01 that any county, municipal corporation or church owning property in the district must request in writing that its property be included in the district.”
“The members elect the board of directors.”
“Form 990 is reviewed by the executive board prior to filing.”
“Consistent with the requirements of section 6104(d) of the irc and the regulations thereunder, copies of the organization's governing documents shall be made available upon request, in a timely manner, and subject to the charges permitted by law to any individuals who request it.”
“The ohio city improvement corporation strives to create a clean, safe, and vibrant neighborhood that embraces ohio city's rich history while building toward the future. Our mission is anchored by principles that balance growth with respect for our environment and social equity.”
“The market district improvement corporation provides safety, maintenance and cleaning services through a contract with the downtown cleveland alliance and block by block. These ambassadors sweep the street and sidewalks, remove litter and gum stains, abate graffiti on public property, and maintain a level of cleaniness in the district. Additionally, the ambassadors provide walking and bike patrols, safety escorts, and neighborhood assistance to provide an additional level of security in the district. The ohio city ambassadors operate up to seven days a week through the year maintaining a clean, safe and welcoming environment.”
“Professional fees 467,194 1,050 0 snow removal 48,227 0 0 public realm maintenance 54,377 0 0 security 37,453 0 0 other program services 403 0 0 total 607,654 1,050 0”
“Market district improvement corp (ocic) with fasb asc 740 - accounting for uncertainty in income taxes. Fasb asc 740 details how companies should recognize, measure, present and disclose uncertain tax positions that have been or are expected to be taken. As such, the financial statements would reflect expected future tax consequences of uncertain tax positions presuming the taxing authorities' full knowledge of the position and all relevant facts, if they existed. The management of ocic believes that there are no uncertain tax positions. Ocic's tax years that remain subject to examination by the internal revenue service are fiscal years ended december 31, 2022 and forward.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 54793 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 1500 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE OHIO CITY IMPROVEMENT CORPORATION STRIVES TO CREATE A CLEAN, SAFE, AND VIBRANT NEIGHBORHOOD THAT EMBRACES OHIO CITY'S RICH HISTORY WHILE BUILDING TOWARD THE FUTURE. OUR MISSION IS ANCHORED BY PRINCIPLES THAT BALANCE GROWTH WITH RESPECT FOR OUR ENVIRONMENT AND SOCIAL EQUITY. |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | MICHAEL DOSTAL |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2167813222 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3308 LORAIN AVENUE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CLEVELAND |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 44113 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 527360 |
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| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
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| IRS990/CompensationProcessOtherInd | 0 | false |
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| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 3212 |
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| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
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| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 16469 |
| IRS990/CYOtherExpensesAmt | 0 | 695116 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2920 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 52477 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 695116 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 747593 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 2235 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 2235 |
| IRS990/Desc | 0 | THE MARKET DISTRICT IMPROVEMENT CORPORATION PROVIDES SAFETY, MAINTENANCE AND CLEANING SERVICES THROUGH A CONTRACT WITH THE DOWNTOWN CLEVELAND ALLIANCE AND BLOCK BY BLOCK. THESE AMBASSADORS SWEEP THE STREET AND SIDEWALKS, REMOVE LITTER AND GUM STAINS, ABATE GRAFFITI ON PUBLIC PROPERTY, AND MAINTAIN A LEVEL OF CLEANINESS IN THE DISTRICT. ADDITIONALLY, THE AMBASSADORS PROVIDE WALKING AND BIKE PATROLS, SAFETY ESCORTS, AND NEIGHBORHOOD ASSISTANCE TO PROVIDE AN ADDITIONAL LEVEL OF SECURITY IN THE DISTRICT. THE OHIO CITY AMBASSADORS OPERATE UP TO SEVEN DAYS A WEEK THROUGH THE YEAR MAINTAINING A CLEAN, SAFE AND WELCOMING ENVIRONMENT. |
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| IRS990/DocumentRetentionPolicyInd | 0 | false |
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| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 0 |
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| IRS990/ExpenseAmt | 0 | 676803 |
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| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 58256 |
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| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 608704 |
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| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
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| IRS990/FormationYr | 0 | 2011 |
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| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE OHIO CITY IMPROVEMENT CORPORATION STRIVES TO CREATE A CLEAN, SAFE, AND VIBRANT NEIGHBORHOOD THAT EMBRACES OHIO CITY'S RICH HISTORY WHILE BUILDING TOWARD THE FUTURE. OUR MISSION IS ANCHORED BY PRINCIPLES THAT BALANCE GROWTH WITH RESPECT FOR OUR ENVIRONMENT AND SOCIAL EQUITY. |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 489529 |
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| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 489529 |
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| IRS990/NondeductibleContributionsInd | 0 | false |
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| IRS990/OccupancyGrp/TotalAmt | 0 | 11437 |
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| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 160 |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2920 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | THE MARKET DISTRICT IMPROVEMENT CORPORATION PROVIDES SAFETY, MAINTENANCE AND CLEANING SERVICES THROUGH A CONTRACT WITH THE DOWNTOWN CLEVELAND ALLIANCE AND BLOCK BY BLOCK. THESE AMBASSADORS SWEEP THE STREET AND SIDEWALKS, REMOVE LITTER AND GUM STAINS, ABATE GRAFFITI ON PUBLIC PROPERTY, AND MAINTAIN A LEVEL OF CLEANINESS IN THE DISTRICT. ADDITIONALLY, THE AMBASSADORS PROVIDE WALKING AND BIKE PATROLS, SAFETY ESCORTS, AND NEIGHBORHOOD ASSISTANCE TO PROVIDE AN ADDITIONAL LEVEL OF SECURITY IN THE DISTRICT. THE OHIO CITY AMBASSADORS OPERATE UP TO SEVEN DAYS A WEEK THROUGH THE YEAR MAINTAINING A CLEAN, SAFE AND WELCOMING ENVIRONMENT. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 639585 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 10926 |
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| IRS990/PYRevenuesLessExpensesAmt | 0 | 93749 |
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| IRS990/PYTotalRevenueAmt | 0 | 650511 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
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| IRS990/ReconcilationRevenueExpnssAmt | 0 | 52477 |
| IRS990/RelatedEntityInd | 0 | false |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | MARKET DISTRICT IMPROVEMENT CORP (OCIC) WITH FASB ASC 740 - ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FASB ASC 740 DETAILS HOW COMPANIES SHOULD RECOGNIZE, MEASURE, PRESENT AND DISCLOSE UNCERTAIN TAX POSITIONS THAT HAVE BEEN OR ARE EXPECTED TO BE TAKEN. AS SUCH, THE FINANCIAL STATEMENTS WOULD REFLECT EXPECTED FUTURE TAX CONSEQUENCES OF UNCERTAIN TAX POSITIONS PRESUMING THE TAXING AUTHORITIES' FULL KNOWLEDGE OF THE POSITION AND ALL RELEVANT FACTS, IF THEY EXISTED. THE MANAGEMENT OF OCIC BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS. OCIC'S TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ARE FISCAL YEARS ENDED DECEMBER 31, 2022 AND FORWARD. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE OHIO CITY IMPROVEMENT CORPORATION STRIVES TO CREATE A CLEAN, SAFE, AND VIBRANT NEIGHBORHOOD THAT EMBRACES OHIO CITY'S RICH HISTORY WHILE BUILDING TOWARD THE FUTURE. OUR MISSION IS ANCHORED BY PRINCIPLES THAT BALANCE GROWTH WITH RESPECT FOR OUR ENVIRONMENT AND SOCIAL EQUITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE MARKET DISTRICT IMPROVEMENT CORPORATION PROVIDES SAFETY, MAINTENANCE AND CLEANING SERVICES THROUGH A CONTRACT WITH THE DOWNTOWN CLEVELAND ALLIANCE AND BLOCK BY BLOCK. THESE AMBASSADORS SWEEP THE STREET AND SIDEWALKS, REMOVE LITTER AND GUM STAINS, ABATE GRAFFITI ON PUBLIC PROPERTY, AND MAINTAIN A LEVEL OF CLEANINESS IN THE DISTRICT. ADDITIONALLY, THE AMBASSADORS PROVIDE WALKING AND BIKE PATROLS, SAFETY ESCORTS, AND NEIGHBORHOOD ASSISTANCE TO PROVIDE AN ADDITIONAL LEVEL OF SECURITY IN THE DISTRICT. THE OHIO CITY AMBASSADORS OPERATE UP TO SEVEN DAYS A WEEK THROUGH THE YEAR MAINTAINING A CLEAN, SAFE AND WELCOMING ENVIRONMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EACH OWNER OF REAL PROPERTY WITHIN THE DISTRICT, OTHER THAN THE STATE OF OHIO AND THE UNITED STATES OF AMERICA, WILL BE A MEMBER OF THE DISTRICT SUBJECT TO THE REQUIREMENT IN ORC CHAPTER 1710.01 THAT ANY COUNTY, MUNICIPAD CORPORATION OR CHURCH OWNING PROPERTY IN THE DISTRICT MUST REQUEST IN WRITING THAT ITS PROPERTY BE INCLUDED IN THE DISTRICT. THE MEMBERS ELECT THE BOARD OF DIRECTORS FORM 990 IS REVIEWED BY THE EXECUTIVE BOARD PRIOR TO FILING. THE FEDERAL FORM 990 IS PROVIDED UPON REQUEST. CONSISTENT WITH THE REQUIREMENTS OF SECTION 6104(D) OF THE IRC AND THE REGULATIONS THEREUNDER, COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS SHALL BE MADE AVAILABLE UPON REQUEST, IN A TIMELY MANNER, AND SUBJECT TO THE CHARGES PERMITTED BY LAW TO ANY INDIVIDUAL WHO REQUEST IT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | EACH OWNER OF REAL PROPERTY WITHIN THE DISTRICT, OTHER THAN THE STATE OF OHIO AND THE UNITED STATES OF AMERICA, WILL BE A MEMBER OF THE DISTRICT SUBJECT TO THE REQUIREMENT IN ORC CHAPTER 1710.01 THAT ANY COUNTY, MUNICIPAL CORPORATION OR CHURCH OWNING PROPERTY IN THE DISTRICT MUST REQUEST IN WRITING THAT ITS PROPERTY BE INCLUDED IN THE DISTRICT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE MEMBERS ELECT THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | FORM 990 IS REVIEWED BY THE EXECUTIVE BOARD PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | CONSISTENT WITH THE REQUIREMENTS OF SECTION 6104(D) OF THE IRC AND THE REGULATIONS THEREUNDER, COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS SHALL BE MADE AVAILABLE UPON REQUEST, IN A TIMELY MANNER, AND SUBJECT TO THE CHARGES PERMITTED BY LAW TO ANY INDIVIDUALS WHO REQUEST IT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | PROFESSIONAL FEES 467,194 1,050 0 SNOW REMOVAL 48,227 0 0 PUBLIC REALM MAINTENANCE 54,377 0 0 SECURITY 37,453 0 0 OTHER PROGRAM SERVICES 403 0 0 TOTAL 607,654 1,050 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART IX, LINE 11G |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JEFFREY D FIRESTONE CPA CVA |
| ReturnHeader/ReturnTs | 0 | 2025-08-04T10:44:37-04:00 |
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| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
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