Nonprofit · EIN 20-4662225
SUMMIT MEDINA BUSINESS ALLIANCE INC
Tax-exempt · AKRON, OH 44311
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $550,997 | $494,910 | $56,087 | $341,026 | $30,500 | $310,526 |
| December 31, 2023 | 990 | $554,074 | $568,185 | -$14,111 | $294,130 | $39,691 | $254,439 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $543,781
- of which government grants
- $543,781
- Program service revenue
- $1,850
- Investment income
- $4,471
- Other revenue
- $895
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $108,414
- Other salaries and wages
- $205,413
- Salaries, compensation and benefits (total)
- $361,478
- Professional fundraising fees
- $0
- Accounting fees
- $10,610
- Occupancy
- $15,331
- Travel
- $4,376
- Depreciation
- $4,486
- Program services (functional)
- $299,581
- Management and general (functional)
- $156,483
- Fundraising (functional)
- $38,846
Balance sheet and other
- Total assets, start of year
- $294,130
- Total assets, end of year
- $341,026
- Total liabilities, end of year
- $30,500
- Net assets, end of year
- $310,526
- Land, buildings and equipment
- $3,114
- Net assets without donor restrictions
- $303,958
- Net assets with donor restrictions
- $6,568
- Gross receipts
- $550,997
- Employees
- 5
- Volunteers
- 6
- Year formed
- 2006
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARY ANN JASIONOWSKI | EXECUTIVE DI Officer | 40 | $88,115 | $20,299 |
| DIANE MILLER DAWSON | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| SAM DESHAZIOR | PRESIDENT, R Trustee or director, Officer | 1 | $0 | $0 |
| STEPHEN FRICKER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| HOLLY MILLER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LATONDA MOBLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SEAN VOLLMAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARY ANN JASIONOWSKI | EXECUTIVE DI Officer | 40 | $85,000 | $20,300 |
| DIANE MILLER DAWSON | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| SAM DESHAZIOR | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| STEPHEN FRICKER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DAVID LUCAS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 526 S MAIN ST STE 601, AKRON, OH 44311-4404
- Principal officer (990 for 2024)
- STEPHEN FRICKER, 526 S MAIN STREET SUITE 601, AKRON, OH 44311
- Signed the 990
- MARY ANN JASIONOWSKI, EXECUTIVE DIRECTOR
- Phone
- (330) 375-2111
- Website
- WWW.AKRONSBDC.ORG
- Return prepared by
- CRUM & COMPANY
Mission
THE ORGANIZATION'S MISSION IS TO HELP FOSTER AND ENCOURAGE OHIO'S ECONOMY BY ASSISTING BUSINESS ENTITIES: FORM, SUSTAIN, AND GROW THEIR OPERATIONS. THE ORGANIZATION ACCOMPLISHES THIS MISSION IN THE NORTHEAST OHIO REGION.
Program accomplishments
- THE ORGANIZATION HELPED FOSTER AND ENCOURAGE THE ECONOMY OF NORTHEAST OHIO BY ASSISTING BUSINESSES WITH IDEATION, FORMATION, SUSTAINABILITY AND GROWTH.Expenses $299,581 · revenue $2,745
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-4662225
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $341,026
- Income (IRS master file)
- $550,997
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $550,997 | $494,910 | $341,026 | XML |
| 990 | December 2023 | $554,074 | $568,185 | $294,130 | XML |
| 990 | December 2022 | $108,867 | $132,965 | $213,496 | IRS |
| 990 | September 2022 | $678,906 | $585,373 | $237,584 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4662225).
Questions about SUMMIT MEDINA BUSINESS ALLIANCE INC
- What is the EIN of SUMMIT MEDINA BUSINESS ALLIANCE INC?
- The employer identification number (EIN) of SUMMIT MEDINA BUSINESS ALLIANCE INC is 20-4662225.
- Is SUMMIT MEDINA BUSINESS ALLIANCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2007.
- Are donations to SUMMIT MEDINA BUSINESS ALLIANCE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SUMMIT MEDINA BUSINESS ALLIANCE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SUMMIT MEDINA BUSINESS ALLIANCE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SUMMIT MEDINA BUSINESS ALLIANCE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SUMMIT MEDINA BUSINESS ALLIANCE INC?
- The 990 for the year ended December 31, 2024 names STEPHEN FRICKER.
- Who are the officers and directors of SUMMIT MEDINA BUSINESS ALLIANCE INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $88,115 (MARY ANN JASIONOWSKI, EXECUTIVE DI).
- How much revenue does SUMMIT MEDINA BUSINESS ALLIANCE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $550,997, expenses of $494,910 and total assets of $341,026 at year end.
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