Shaker Heights Development Corporation

Community development organization based in Shaker Heights, OH. 2 employees. Exempt under §501(c)(3).

MissionTHE SHDC'S MISSION IS TO ENHANCE THE COMMERCIAL REVITALIZATION EFFORTS OF THE CITY OF SHAKER HEIGHTS IN ORDER TO STRENGTHEN RESIDENTIAL NEIGHBORHOODS AND DIVERSIFY THE CITY'S TAX BASE.

EIN
34-1314225
State
OH
Sector
Community development
Budget band
$250K–$500K
Latest filing
TY 2024
Records
1 officers · 6 years

Financial snapshot · TY 2024

$291K
Total revenue
$322K
Total expenses
$1.3M
Net assets

Financial health · TY 2024

60
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
32.1 months of expenses
Program efficiency
0
46.5% spent on programs
Revenue diversity
98
Mix of program fees, grants & contributions

Leadership compensation

Nicholas Fedor
EXECUTIVE DIRECTOR
$89,719
67th percentile vs. peers

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Shaker Heights Development Corporation Executive Compensation | 990 Data | DoubleNine