Mission
TO SERVE AND PROVIDE INVESTMENT CAPITAL FOR LOW-INCOME COMMUNITIES AND LOW-INCOME PERSONS.
Public Charity
DEVELOPMENT FUND OF WESTERN RESERVE INC
DEVELOPMENT FUND OF WESTERN RESERVE INC, of AKRON, OH, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $3.0M in revenue, $1.1M in expenses, $8.6M in total assets. 14 publicly reported grants to this organization, totaling roughly $1.1M, appear in IRS filings.
EIN: 452495397
AKRON, OH
Latest filing: 2024
Total Revenue$3.0M
Total Expenses$1.1M
Total Assets$8.6M
Grant Records14
Funding Total$1.1M
Filing Years2019–2024
Sample Grants Received
Trail Heritage
$75,000
TO SUPPORT ADVANCE PRACTICES THAT POSITION AND ALIGN COMMUNITY INVESTMENT SYSTEMS TO INCREASE CAPITAL FLOWS TO INVESTMENTS WITH HIGH EQUITY IMPACT INVESTMENTS AND TO TAKE STEPS TO DEVELOP A PIPELINE OF CATALYTIC, FINANCEABLE BUILT ENVIRONMENT PROJECTS FOCUSED ON INCREASING EQUITY
$40,000
FOR GENERAL OPERATING SUPPORT
$10,000
TO SUPPORT ADVANCE PRACTICES THAT POSITION AND ALIGN COMMUNITY INVESTMENT SYSTEMS TO INCREASE CAPITAL FLOWS TO INVESTMENTS WITH HIGH EQUITY IMPACT INVESTMENTS AND TO TAKE STEPS TO DEVELOP A PIPELINE OF CATALYTIC, FINANCEABLE BUILT ENVIRONMENT PROJECTS FOCUSED ON INCREASING EQUITY
$75,000
FOR GENERAL OPERATING SUPPORT
$10,000
Showing up to 5 of 14 total records — full history available with membership.
Officers & Directors
MEMBER
Cameo Carey
CFO
Chad Mayle
SECRETARY
Erin Wojno
TREASURER
Harry Eadon
PRESIDENT
Joe Rossi
EXECUTIVE DIRECTOR
Rachel Bridenstine
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.0M | $1.1M | $8.6M |
| 2023 | $1.4M | $1.5M | $6.7M |
| 2022 | $1.8M | $988K | $6.9M |
| 2020 | $1.4M | $1.2M | $5.8M |
| 2019 | $853K | $1.1M | $5.5M |
Between 2019 and 2024, reported annual revenue grew from $853K to $3.0M (+252%), with total assets most recently reported at $8.6M.
Interactive year-over-year charts and full filing details available with membership.