Program areas at Capitol South Community Urban Redevelopment Corporation
Management of public parking garages and an attached retail center.
In 2017, Capitol South substantially completed construction of a park and underground parking garage on the scioto peninsula. The garage opened in november 2017, and the park celebrated its grand opening on june 7, 2018. In 2020, Capitol South entered into a contract with the city of columbus for the design and construction of two parking garages totaling 1,400 spaces to the serve the scioto peninsula development. Construction of the garages continued though out 2021. The garages opened to the public in 2022.see schedule o.during 2021, Capitol South contributed $3,584,193 of its downtown housing incentive fund to cddc in order to assist with funding of the topiary park crossing project, a 98-unit affordable housing project being developed in downtown columbus. Construction of the project commenced in 2022 and is expected to open in the fall of 2023.beginning in the summer of 2021, Capitol South provided additional security and programming to the columbus riverfront park area known as the scioto mile. These services were coordinated with the city of columbus department of recreation and parks in an effort to activate the area after the covid pandemic. These services continued in 2022.
The columbus commons park had a closer-to-normal event season in 2022 after the covid-19 pandemic reduced the number of events in 2020 and 2021. The park provides a variety of events for the Community to enjoy, with the majority of them being free and open to all. In addition to events, the park draws people downtown with free carousel rides and two onsite cafes, which supports the ongoing development of downtown columbus.
Downtown housing incentive fund (provided "gap" financing to downtown residential developers). Currently originating no new loans.
Personnel at Capitol South Community Urban Redevelopment Corporation
Name | Title | Compensation | Date of data |
---|
Gregory J Davies | Chief Executive Officer | $151,500 | 2022-12-31 |
Amy E Taylor | Chief Operating Officer and President | $173,509 | 2022-12-31 |
Joseph Schueler | Chief Financial Officer | $119,012 | 2023-11-14 |
Coletta A Black | Director of Administration | $50,908 | 2022-12-31 |
Joseph John Mollica | Director of Real Estate and SR Counsel | $58,980 | 2022-12-31 |
...and 14 more key personnel |
Financials for Capitol South Community Urban Redevelopment Corporation
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $113,462 | $61,342 | 85% |
Program services | $13,204,483 | $27,029,429 | -51.1% |
Investment income and dividends | $104,046 | $65,661 | 58.5% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $-1,988 | $0 | -999% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $97,753 | $265,571 | -63.2% |
Total revenues | $13,517,756 | $27,422,003 | -50.7% |
Organizations like Capitol South Community Urban Redevelopment Corporation
Organization | Type | Location | Revenue |
---|
Greater Berks Development Fund | 501(c)(4) | Reading, PA | $4,581,165 |
Greater Hazleton Community Area New Development Organization | 501(c)(6) | Hazleton, PA | $19,938,198 |
Norton Sound Economic Development Corporation (NSEDC) | 501(c)(4) | Anchorage, AK | $27,485,239 |
Bristol Bay Economic Development Corporation (BBEDC) | 501(c)(4) | Dillingham, AK | $27,584,898 |
Harristown Development Corporation | 501(c)(4) | Harrisburg, PA | $18,623,535 |
Sweet Home Economic Development Group | 501(c)(4) | Sweet Home, OR | $3,894,760 |
Community Investment Corporation | 501(c)(3) | Tucson, AZ | $29,133,218 |
Columbus Downtown Development Corporation (CDDC) | 501(c)(3) | Columbus, OH | $21,128,443 |
Greater Kokomo Economic Development Alliance | 501(c)(3) | Kokomo, IN | $5,785,033 |
Midtown Detroit | 501(c)(3) | Detroit, MI | $6,472,343 |
Data update history
January 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 4, 2024
Updated personnel
Identified 9 new personnel
December 25, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Updated personnel
Identified 8 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic development
Characteristics
Conservation easement
General information
- Address
- 150 S Front St 210
- Columbus, OH 43215
- Metro area
- Columbus, OH
- Phone
- (614) 545-5042
IRS details
- EIN
- 31-0868417
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1974
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Central organization
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