Public Charity

WESTERN RESERVE COMMUNITY FUND INC

WESTERN RESERVE COMMUNITY FUND INC, of AKRON, OH, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.5M in revenue, $1.6M in expenses, $12.7M in total assets. 8 publicly reported grants to this organization, totaling roughly $1.8M, appear in IRS filings.

EIN: 833858451 AKRON, OH Latest filing: 2024
Total Revenue$2.5M
Total Expenses$1.6M
Total Assets$12.7M
Grant Records8
Funding Total$1.8M
Filing Years2019–2024

Mission

IN FURTHERANCE THEREOF, THE CORPORATION SHALL BE ORGANIZED TO SUPPORT AND FURTHER COMMUNITY DEVELOPMENT AND JOB CREATION IN THE STATE OF OHIO AND WILL INITIALLY FOCUS ON THE 5-COUNTY REGION OF MEDINA, PORTAGE, STARK, SUMMIT, AND WAYNE.

Sample Grants Received

DEVELOPMENT FUND OF WESTERN RESERVE INC
2024
THE GRANT FUNDS SHALL BE USED TO HELP FINANCE PROJECTS ORGANIZED TO SUPPORT FURTHER ECONOMIC DEVELOPMENT AND JOB CREATION IN NORTHEAST OHIO.
$200,000
DEVELOPMENT FUND OF WESTERN RESERVE INC
2023
THE GRANT FUNDS SHALL BE USED TO HELP FINANCE PROJECTS ORGANIZED TO SUPPORT FURTHER ECONOMIC DEVELOPMENT AND JOB CREATION IN NORTHEAST OHIO.
$555,000
DEVELOPMENT FUND OF WESTERN RESERVE INC
2022
THE GRANT FUNDS SHALL BE USED TO HELP FINANCE PROJECTS ORGANIZED TO SUPPORT FURTHER ECONOMIC DEVELOPMENT AND JOB CREATION IN NORTHEAST OHIO.
$210,000
AKRON COMMUNITY FOUNDATION
2022
FOR GENERAL OPERATING SUPPORT
$10,000
AKRON COMMUNITY FOUNDATION
2021
FOR GENERAL OPERATING SUPPORT
$10,000

Showing up to 5 of 8 total records — full history available with membership.

Officers & Directors

CFO Chad Mayle
PRESIDENT Erin Wojno
COO Jessica Mcritchie
MEMBER Jessica Sublett
SECRETARY John Williams
MANAGER, BOND FINANCE Lori Sallaz

Officer compensation and complete director data available with membership.

Top Grant Purposes

THE GRANT FUNDS SHALL BE USED TO HELP FINANCE PROJECTS ORGANIZED TO SUPPORT FURTHER ECONOMIC DEVELOPMENT AND JOB CREATION IN NORTHEAST OHIO.
$965,000 3 grants
TO CAPITALIZE THE NEWLY CREATED ENTITY TO APPLY TO BECOME A COMMUNITY DEVELOPMENT FINANCE INSTITUTION IN ORDER TO SERVE LOW-INCOME COMMUNITIES OR LOW-INCOME PERSONS AND DELIVER GREATER DEVELOPMENT FINANCING RESOURCES TO DISTRESSED AREAS OF NORTHEAST OHIO.
$470,000 1 grant
$100,000 OF GRANTS SHALL BE USED BY THE ENTITY TO SERVE AS ITS LOAN LOSS RESERVE. THE REMAINING GRANT FUNDS SHALL BE USED TO HELP FINANCE PROJECTS ORGANIZED TO SUPPORT FURTHER ECONOMIC DEVELOPMENT AND JOB CREATION IN NORTHEAST OHIO.
$360,000 1 grant
FOR GENERAL OPERATING SUPPORT
$20,000 2 grants
GENERAL SUPPORT
$7,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.5M $1.6M $12.7M
2023 $3.4M $1.4M $11.6M
2022 $3.3M $951K $8.8M
2020 $2.0M $72K $3.1M
2019 $1.1M $9K $1.1M

Between 2019 and 2024, reported annual revenue grew from $1.1M to $2.5M (+130%), with total assets most recently reported at $12.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for WESTERN RESERVE COMMUNITY FUND INC

Complete financials, all 8 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

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