Is Cincinnati Center City Development Corporation Legit?

Quick charity verification for Cincinnati Center City Development Corporation (EIN: 200446324)

Verdict: Cincinnati Center City Development Corporation appears trustworthy

75/100Mission Score
$65.7MRevenue
$456.4MAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Cincinnati Center City Development Corporation allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Cincinnati Center City Development Corporation

Is Cincinnati Center City Development Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Cincinnati Center City Development Corporation (EIN: 200446324) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Cincinnati Center City Development Corporation a good charity to donate to?

Cincinnati Center City Development Corporation has a Mission Score of 75/100. Revenue: $65.7M. Assets: $456.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Cincinnati Center City Development Corporation?

The Employer Identification Number (EIN) for Cincinnati Center City Development Corporation is 200446324. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Cincinnati Center City Development Corporation spend its money?

Cincinnati Center City Development Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Cincinnati Center City Development Corporation's tax-exempt status?

You can verify Cincinnati Center City Development Corporation's tax-exempt status using EIN 200446324 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Cincinnati Center City Development Corporation (3CDC) demonstrates a complex financial profile, typical of large-scale urban development organizations. Over the past decade, 3CDC has consistently reported substantial revenues and expenses, with significant fluctuations year-over-year, reflecting the project-based nature of its work. For instance, in 2023, revenue was $69,201,248 against expenses of $62,260,221, indicating a surplus for the year. However, in 2022, expenses ($54,637,574) exceeded revenue ($46,900,631), showing a deficit. The organization's assets have grown considerably, from $249,746,097 in 2014 to $416,219,260 in 2023, demonstrating significant capital accumulation and investment in its mission. Liabilities are also substantial and often exceed assets, as seen in 2023 ($428,238,294 liabilities vs. $416,219,260 assets), which is common for organizations heavily involved in real estate development and financing. The consistent reporting of 0% officer compensation across all available filings suggests that executive compensation is either not reported in this section or is covered by other entities, which warrants further investigation for full transparency. Overall, 3CDC appears financially robust, managing large-scale projects, but its financial health is heavily tied to its development pipeline and associated debt.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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