Akron Development Corporation
The Akron Development Corporation was organized to support economic development initiatives in the city of akron, particularly through the former akron global business accelerator and to secure state of Ohio funding for technology-based businesses. (the former akron global business accelerator spun off from the city of akron and is now an independent entity known as the bounce innovation hub, which commenced operations on january 1, 2018.)
Akron Development Corporation at a glance
In short: Akron Development Corporation gave $45K across 2 grants in 2024 (avg $23K), mostly in Ohio. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $45,477
- +156.8% vs 2023
- Grants made (2024)
- 2
- +100.0% vs 2023
- Average grant
- $22,739
- +28.4% vs 2023
- Median grant
- $22,739
- Total assets
- $4,658,584
- -3.8% vs 2023
- Primary geography
- Ohio (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Akron Development Corporation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was City of Akron ($39K). Together the top 2 received $45K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 5 grants of 7 (71%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Akron Development Corporation gives
- Giving fell 91% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $14K (2022) to $496K (2021). In 2024 it made 2 grants totaling $45K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| City of Akron Akron, OH | Public Arts Commission and Lock 3 | $39,008 |
| Keep Akron Beautiful Akron, OH | Great Streets Initiative | $6,469 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $4,658,584 | $489,718 | $481,356 | $45,477 | 2 | $-21,925 |
| 2023 | $4,840,222 | $284,160 | $552,493 | $17,707 | 1 | $-66,776 |
| 2022 | $5,370,661 | $492,572 | $524,420 | $14,176 | 1 | $27 |
| 2021 | $6,249,734 | $934,426 | $1,008,495 | $495,520 | 3 | $23 |
| 2020 | $6,665,818 | $4,056,032 | $4,230,867 | — | — | $9,959 |
About Akron Development Corporation
Based on IRS filings
Akron Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Akron, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it awarded 2 grants totaling $45K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Akron Development Corporation is led by Jason Dodson, President since 2023 (on filings since 2020); none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jason Dodson
President
Trustee → President, 2023
On filings since 2020
4 hrs/week
No compensation reported
Adele Roth
Trustee
Chairperson → Former President, 2022
Former President → Trustee, 2023
On filings since 2020
4 hrs/week
No compensation reported
Isaiah Young
Trustee
New on the 2024 filing
4 hrs/week
No compensation reported
Sean Vollman
Trustee
New on the 2024 filing
4 hrs/week
No compensation reported
Suzie Graham-Moore
Trustee
New on the 2024 filing
4 hrs/week
No compensation reported
Joe Dancy
Secretary
On filings since 2020
4 hrs/week
No compensation reported
Ken Burns
Treasurer
On filings since 2020
4 hrs/week
No compensation reported
Former officers (3)
- Former: Annal Vyas (2020–2023) — Trustee
- Former: Samuel Deshazior (2020–2023) — Vice President
- Former: Catherine Breck (2022–2023) — Former President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Akron Development Corporation
How much does Akron Development Corporation give each year?
Akron Development Corporation gave $45K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $18K across 1 grant.
How large is Akron Development Corporation?
Akron Development Corporation reported $4.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $490K.
What is Akron Development Corporation?
Akron Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Akron, OH. It holds $4.7M in total assets as of 2024.
Where does Akron Development Corporation operate?
Akron Development Corporation has awarded grants in Ohio.
What is Akron Development Corporation's EIN?
Akron Development Corporation's EIN (Employer Identification Number) is 34-1308327. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 9, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 7, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 11, 2025)
- IRS filings on file for fiscal years 2020–2024
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