Stark Economic Development Board Inc logo

Stark Economic Development Board Inc

CANTON, OH EIN: 34-1476938 Website

WE STRENGTHEN STARK COUNTY BY DRIVING BUSINESS GROWTH AND LEADING ITS ECONOMIC TRANSFORMATION.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$4.2M

-10.2% YoY

Annual Giving

$62K

+3.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$62K

+3.5% YoY

About Stark Economic Development Board Inc

Based on IRS filings

Stark Economic Development Board Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in CANTON, OH. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $4.2M in total assets. In 2025, it awarded 1 grants totaling $62K. Net investment income was $73K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

CantonCleveland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$921K$2M$3M$4M2019202020212022202320242025
Metric202520242023
Total Assets$4,239,277$4,718,596$3,682,250
Revenue$1,728,680$3,350,050$1,169,229
Expenses$2,205,236$2,260,828$1,752,044
Qualifying Distributions
Net Investment Income$73,409$92,622$29,178
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$45K$90K$135K$180K0 grants20191 grants20203 grants20212 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

TEAM NEO FOUNDATION$62K

Grant Size Distribution

8 grants across all recorded years

1<$50K6$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Team Neo Foundation ($62,100).

RecipientPurposeAmount
TEAM NEO FOUNDATION CLEVELAND, OHATTRACT AND EXPAND NORTHEAST OHIO$62,100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

RAY HEXAMERPRESIDENT & CEO$194K

From 2025 filing

NameTitleHoursCompensation
WILLIAM SHIVERSTREASURER2
BRIAN BELDENCHAIRMAN2
JOSEPH SCHAUERVICE CHAIRMAN2
JAMIE SLUTZDIRECTOR2
CHRIS GOFFDIRECTOR2
CHRIS KABOTHDIRECTOR2
CHRISTOPHER HUNTDIRECTOR2
DAVE KIRVENDIRECTOR2
GREG KINGDIRECTOR2
JACKIE STEWARTDIRECTOR2
MATT SAVAGEDIRECTOR2
JOE DALEIDENDIRECTOR2
JOE MATUSZEWSKIDIRECTOR2
JOHN LANGELLDIRECTOR2
JOHN RICHARDDIRECTOR2
JORDAN GREENWALDDIRECTOR2
DOUG SIBILADIRECTOR2
GERARD MASTROIANNIDIRECTOR2
KATHY SHULTZDIRECTOR2
DOUG SCHWARZDIRECTOR2
BARBARA H BENNETTDIRECTOR2
CHARLES HAMMONTREEDIRECTOR2
MATT STERLINGDIRECTOR2
CHAD ISLERDIRECTOR2
SHELLY BROWNDIRECTOR2
MICK HECKMANDIRECTOR2
PARA JONESDIRECTOR2
RENATO CAMACHODIRECTOR2
RICK L HULLDIRECTOR2
ROBERT GESSNERDIRECTOR2
ROBERT MULLENDIRECTOR2
MARK J SAMOLCZYKDIRECTOR2
ANDREW GROVEDIRECTOR2
SANDY UPPERMANDIRECTOR2
MATT GREGORYDIRECTOR2
TIM COLLINSDIRECTOR2
TIM TIMKEN JRDIRECTOR2
TIMOTHY CRONEDIRECTOR2
TIMOTHY SEIFERTDIRECTOR2
TODD PUGHDIRECTOR2
WILLIAM SHERER IIDIRECTOR2
ALAN HAROLDDIRECTOR2
MARK SCHEFFLERDIRECTOR2
TRACY DOWEDIRECTOR2
RYAN STENGERDIRECTOR2
ANTHONY J HEALYDIRECTOR2
MATT LEUENBERGERDIRECTOR2
ROD MOOREDIRECTOR2
LUCAS MURRAYDIRECTOR2
MARK VANDEGRIFTDIRECTOR2
RICHARD REGULADIRECTOR2
RAY HEXAMERPRESIDENT & CEO35$193,512

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Stark Economic Development Board Inc?

Stark Economic Development Board Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in CANTON, OH. It holds $4.2M in total assets as of 2025.

How large is Stark Economic Development Board Inc?

As of 2025, Stark Economic Development Board Inc holds $4.2M in total assets with $1.7M in annual revenue. It awarded 1 grants totaling $62K in 2025.

Where does Stark Economic Development Board Inc operate?

Stark Economic Development Board Inc has awarded grants in Ohio.

What size grants does Stark Economic Development Board Inc award?

In 2025, Stark Economic Development Board Inc awarded 1 grants totaling $62K — an average of about $62K per grant, based on its IRS Form 990 filings.

What is Stark Economic Development Board Inc's EIN?

Stark Economic Development Board Inc's EIN (Employer Identification Number) is 34-1476938. IRS Form 990 filing data is available on this page for 2019–2025.

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Related Funders

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

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