THE WELL COMMUNITY DEVELOPMENT CORPORATION
AI Summary
THE WELL COMMUNITY DEVELOPMENT CORPORATION is an Akron-based nonprofit focused on economic development, with a mission to bring “worth, value, and dignity” back to the communities of Akron. In fiscal year 2024, it reported $6.2M in total revenue against a $2.8M operating budget, with major funding from JOHN S AND JAMES L KNIGHT FOUNDATION, AKRON COMMUNITY FOUNDATION, and UNITED WAY OF SUMMIT AND MEDINA.
Mission Statement
THE WELL CDC EXISTS TO BRING WORTH, VALUE, AND DIGNITY BACK TO THE COMMUNITIES OF AKRON.
Cause Areas
1
Economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 32 funders
- 34 board & team members
- 9 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is THE WELL COMMUNITY DEVELOPMENT CORPORATION’s budget?
In 2024, THE WELL COMMUNITY DEVELOPMENT CORPORATION reported an annual operating budget of around $2.8 million. More detailed financial information is available to registered users.
What causes does THE WELL COMMUNITY DEVELOPMENT CORPORATION support?
THE WELL COMMUNITY DEVELOPMENT CORPORATION supports work in Economic development.
Where does THE WELL COMMUNITY DEVELOPMENT CORPORATION operate?
THE WELL COMMUNITY DEVELOPMENT CORPORATION is headquartered in Akron, OH.
Who funded THE WELL COMMUNITY DEVELOPMENT CORPORATION recently?
In 2025, THE WELL COMMUNITY DEVELOPMENT CORPORATION received grants from AKRON COMMUNITY FOUNDATION, UNITED WAY OF SUMMIT AND MEDINA, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant THE WELL COMMUNITY DEVELOPMENT CORPORATION received in 2024?
The largest grant to THE WELL COMMUNITY DEVELOPMENT CORPORATION in 2024 exceeds $1 million.
What is THE WELL COMMUNITY DEVELOPMENT CORPORATION’s reliance on government grants?
THE WELL COMMUNITY DEVELOPMENT CORPORATION relied on government grants for more than 25% of their total revenue in 2024.