Mission
REDEVELOPMENT OF BLIGHTED URBAN AREAS BY DEVELOPMENT OF REAL PROPERTY PRIMARILY FOR STUDENT HOUSING.
Public Charity
BLOCK 3 COMMUNITY URBAN REDEVELOPMENT CORPORATION
BLOCK 3 COMMUNITY URBAN REDEVELOPMENT CORPORATION, of CINCINNATI, OH, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $9.0M in revenue, $6.9M in expenses, $38.9M in total assets.
EIN: 141873450
CINCINNATI, OH
Single Organization Support
NTEE: T11
Latest filing: 2025
Total Revenue$9.0M
Total Expenses$6.9M
Total Assets$38.9M
Grants Given0
Filing Years2021–2025
Where $100 goes at Block 3 Community Urban Redevelopment Corporation
How Block 3 Community Urban Redevelopment Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$96
Programs
the work itself
$4
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $96 for programs
$51
The organization provides student housing for students of the university of Cincinnati
$23
The organization issued bonds primarily for the construction of student housing
$22
The organization constructed student housing
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
TRUSTEE
Chip Kussmaul
PRESIDENT
Daniel Deering
VICE PRESIDENT
John Dubois
DIRECTOR
Matthew Bourgeois
TREASURER
Megan Smith
SECRETARY
Tom Erbeck
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $9.0M | $6.9M | $38.9M |
| 2024 | $8.6M | $6.8M | $39.5M |
| 2023 | $8.7M | $7.1M | $41.3M |
| 2022 | $8.3M | $7.4M | $42.5M |
| 2021 | $7.9M | $7.0M | $43.8M |
Between 2021 and 2025, reported annual revenue grew from $7.9M to $9.0M (+13%), with total assets most recently reported at $38.9M.
Interactive year-over-year charts and full filing details available with membership.