Akron Development Corporation

Fiscal year ending 2023. Filed on October 7, 2024.

166 South High Street 202
Bldg
Akron, Ohio 44308

Akron Development Corporation (EIN: 34-1308327) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2023 IRS Form 990 filing, Akron Development Corporation, a 501(c)(3) charitable organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $218,441. The highest compensated employee at Akron Development Corporation is Samuel Deshazior with fiscal year 2023 compensation of $218,441. Akron Development Corporation changed its name from Akron Development Corporation SAME in 2021.

Revenue, expenses, and employee compensation

Revenue

$284,160

Expenses

$552,493

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Mission Statement

THE AKRON DEVELOPMENT CORPORATION WAS ORGANIZED TO SUPPORT ECONOMIC DEVELOPMENT INITIATIVES IN THE CITY OF AKRON, PARTICULARLY THROUGH THE FORMER AKRON GLOBAL BUSINESS ACCELERATOR AND TO SECURE STATE OF OHIO FUNDING FOR TECHNOLOGY-BASED BUSINESSES. (THE FORMER AKRON GLOBAL BUSINESS ACCELERATOR SPUN OFF FROM THE CITY OF AKRON AND IS NOW AN INDEPENDENT ENTITY KNOWN AS THE BOUNCE INNOVATION HUB, WHICH COMMENCED OPERATIONS ON JANUARY 1, 2018.)

Revisions to this organization profile

November 11, 2025:
2024 Akron Development Corporation 990 filed
October 7, 2024:
2023 Akron Development Corporation 990 filed
November 9, 2023:
2022 Akron Development Corporation 990 filed

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