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Emerald Development & Economic Network

CLEVELAND, OH EIN: 34-1667990 Website

EDEN'S MISSION IS TO PROVIDE HOUSING SOLUTIONS TO PEOPLE FACING THE CHALLENGES OF HOUSING INSECURITIES AND HOMELESSNESS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$59.6M

+29.1% YoY

Annual Giving

$2.2M

+13.9% YoY

Grant Count

6

-14.3% YoY

Avg Grant Size

$364K

+32.9% YoY

About Emerald Development & Economic Network

Based on IRS filings

Emerald Development & Economic Network is a nonprofit organization focused on Housing & Shelter, based in CLEVELAND, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $59.6M in total assets. In 2024, it awarded 6 grants totaling $2.2M. Net investment income was $3K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

ClevelandPepper Pike

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$15M$31M$46M$62M20202021202220232024
Metric202420232022
Total Assets$59,649,369$46,195,217$39,028,910
Revenue$56,254,776$47,487,590$42,110,677
Expenses$53,544,895$46,943,982$41,402,567
Qualifying Distributions
Net Investment Income$3,020$35,206$-425,556
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$545K$1M$2M$2M4 grants20207 grants20217 grants20227 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

MENTAL HEALTH SERVICES INC$1.5MTHE CENTERS FOR FAMILIES…$320KJEWISH FAMILY SERVICES$242KFAMILY PROMISE OF GREATE…$32KUNIVERSITY SETTLEMENT$31KYWCA OF CLEVELAND$13K

Grant Size Distribution

31 grants across all recorded years

7<$50K13$50–100K5$100–250K1$250–500K$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mental Health Services Inc ($1,543,489), The Centers for Families & Children ($320,030), Jewish Family Services ($242,195).

RecipientPurposeAmount
MENTAL HEALTH SERVICES INC CLEVELAND, OHPROVIDE SUPPORTIVE SERVICES TO CLIENTS RECEIVING RENTAL ASSITANCE.$1,543,489
THE CENTERS FOR FAMILIES & CHILDREN CLEVELAND, OHPROVIDE SUPPORTIVE SERVICES TO CLIENTS RECEIVING RENTAL ASSITANCE.$320,030
JEWISH FAMILY SERVICES PEPPER PIKE, OHPROVIDE SUPPORTIVE SERVICES TO CLIENTS RECEIVING RENTAL ASSITANCE.$242,195
FAMILY PROMISE OF GREATER CLEVELAND CLEVELAND, OHPROVIDE SUPPORTIVE SERVICES TO CLIENTS RECEIVING RENTAL ASSITANCE.$31,874
UNIVERSITY SETTLEMENT CLEVELAND, OHPROVIDE SUPPORTIVE SERVICES TO CLIENTS RECEIVING RENTAL ASSITANCE.$30,764
YWCA OF CLEVELAND CLEVELAND, OHPROVIDE SUPPORTIVE SERVICES TO CLIENTS RECEIVING RENTAL ASSITANCE.$13,242

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ELAINE GIMMELEXECUTIVE DIRECTOR$184KSHARON PARKSCHIEF FINANCIAL OFFICER$151KEMMA PETRIE BARCELONACHIEF OPERATING OFFICER$149KRICHARD CARRDIRECTOR OF REAL ESTATE DEVE…$106KRACHELLA TILLMANDIRECTOR OF PROPERTY MANAGEM…$104K

From 2024 filing

NameTitleHoursCompensation
JOHN MARK TICHARPRESIDENT2
JONATHAN PETRUSVICE PRESIDENT2
BETH ADAMSTREASURER2
MICHELE SOMMERFELTSECRETARY2
ANDRE CAMPBELLBOARD MEMBER2
DAWN ELLISBOARD MEMBER2
DR ANDREENA JACKSONBOARD MEMBER2
MATTHEW KINGBOARD MEMBER2
MATTHEW LARGEBOARD MEMBER2
SUSAN LICCIARDIBOARD MEMBER2
NICHOLAS MCCAUSLINBOARD MEMBER2
CHRISTOPHER MERTESBOARD MEMBER2
AMANDA J MILLERBOARD MEMBER2
MARCUS NOELBOARD MEMBER2
JOSEPH PLESMIDBOARD MEMBER2
KENNETH G SILLIMANBOARD MEMBER2
JESSICA STONERBOARD MEMBER2
PHILLIP STUDMIREBOARD MEMBER2
TIMOTHY WILLIAMSBOARD MEMBER2
SHARON PARKSCHIEF FINANCIAL OFFICER40$151,167
EMMA PETRIE BARCELONACHIEF OPERATING OFFICER40$148,513
ELAINE GIMMELEXECUTIVE DIRECTOR40$183,853
RICHARD CARRDIRECTOR OF REAL ESTATE DEVELOPMENT40$106,251
RACHELLA TILLMANDIRECTOR OF PROPERTY MANAGEMENT40$104,208

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Emerald Development & Economic Network?

Emerald Development & Economic Network is a nonprofit organization focused on Housing & Shelter, based in CLEVELAND, OH. It holds $59.6M in total assets as of 2024.

How large is Emerald Development & Economic Network?

As of 2024, Emerald Development & Economic Network holds $59.6M in total assets with $56.3M in annual revenue. It awarded 6 grants totaling $2.2M in 2024.

Where does Emerald Development & Economic Network operate?

Emerald Development & Economic Network has awarded grants in Ohio.

What size grants does Emerald Development & Economic Network award?

In 2024, Emerald Development & Economic Network awarded 6 grants totaling $2.2M — an average of about $364K per grant, based on its IRS Form 990 filings.

What is Emerald Development & Economic Network's EIN?

Emerald Development & Economic Network's EIN (Employer Identification Number) is 34-1667990. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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