EIN 31-0868417

Capitol South Community Urban Redevelopment Corporation

IRS 501(c) type
501(c)(4)
Num. employees
27
State
Year formed
1974
Most recent tax filings
2022-12-01
Description
Capitol South Community Urban Redevelopment Corporation is a non-profit organization whose mission is to serve a public purpose and seek the improvement of urban conditions, including the elimination of urban blight, through direct and indirect participation in activities relating to development, redevelopment, and other projects located in Columbus, OH.
Total revenues
$13,517,756
2022
Total expenses
$16,341,929
2022
Total assets
$34,021,751
2022
Num. employees
27
2022

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

NameTitleCompensation
Gregory J DaviesChief Executive Officer$151,500
Amy E TaylorChief Operating Officer and President$173,509
Joseph SchuelerChief Financial Officer$119,012
Coletta A BlackDirector of Administration$50,908
Joseph John MollicaDirector of Real Estate and SR Counsel$58,980
...and 14 more key personnel

Financials for Capitol South Community Urban Redevelopment Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$113,462
Program services$13,204,483
Investment income and dividends$104,046
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,988
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$97,753
Total revenues$13,517,756

Form 990s for Capitol South Community Urban Redevelopment Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122020-08-21990View PDF
2018-122020-02-11990View PDF
...and 9 more Form 990s
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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