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UNIVERSITY PARK DEVELOPMENT CORPORATION C/O J FALATOK - PREMIER BANK

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Tax-exempt status may be revoked

UNIVERSITY PARK DEVELOPMENT CORPORATION C/O J FALATOK - PREMIER BANK

EIN 34-1934402

What they do

to TRANSFORM THE 40 BLOCKS SURROUNDING THE UNIVERSITY of AKRON INTO A DENSE, CULTURALLY DIVERSE, WALKABLE URBAN NEIGHBORHOOD BY CAPITALIZING ON THE ECONOMIC SYNERGY of THE UNIVERSITY, HOSPITALS, BIO-TECH INSTITUTE, and PUBLIC SCHOOLS.

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2019The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders3 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

0.00%of revenue went to mission work68.4% of expenses · Program services
0.00%of revenue went to management and office costs31.6% of expenses
$42.48in assets for every $1 spent this yearSome assets cannot be spent right away.

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Money

Financial picture

Tax year 2019

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Expenses$34,065

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$23,292 · 68.4% of expenses
Management and office costs$10,773 · 31.6% of expenses
See all reported dollar amounts
Expenses$34,065
Assets$1,447,070
Contributions$10,000
Mission work (program services)$23,292
Management and general$10,773
Accounting fees$1,821
People

Leadership and board

Tax year 2019

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (3)

DAVID W JAMESPRESIDENT

J BRET TREIERSTATUTORY AGENT

JOHN FALATOKTREASURER

About this charity

Location
3085 W FAIRLAWN ST, FAIRLAWN, OH 44333
County
Summit
In care of
JOHN L FALATOK
Primary officer
JOHN L FALATOK, TREASURER

How to reach them

Filing and classification

Latest tax year
2019
Tax period began
July 1, 2019
Return type
990
Tax preparer
CLIFTONLARSONALLEN LLP
Revocation date
November 15, 2023

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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