Ohio · Nonprofit
THE WELL COMMUNITY DEVELOPMENT CORPORATION
THE WELL COMMUNITY DEVELOPMENT CORPORATION (Ohio) receives grants from 51 organizations whose IRS filings report $9,321,953 to it, the largest being JOHN S AND JAMES L KNIGHT FOUNDATION ($5,240,000). 33 of them have funded it in more than one year.
- Revenue FY2024
- $6.2M
- Funders on record
- 51
- Grants received
- $9.3M
- Net assets
- $11M
What The Well Community Development Corporation does
Mission
The well cdc invests in people through the built environment.
As stated on its FY2024 Form 990.
Programs
Restoring housing: vacancies account for nearly a fourth (21.9%) of all homes in the neighborhood. Only 30% of middlebury homes are owner occupied, whereas a healthy housing maket displays a 60-70% home ownership rate. The well cdc's restoring housing initiative focuses on developing a healthy housing pipeline that provides residents the power to choose the type of housing that fits their current contect and future aspirations. The well cdc's goal is to support the whole spectrum of housing needs within the middlebury community including both rehabs and ""missing middle"" housing (duplexes, triplexes, quads). The well seeks to maintain long term affordability and influence the housing market by owning 15% of rentals in the neighborhood. The well plans to acquire 270 houses over the next 10 years and rehab them in addition to building 125 new build units. Currently the well currently owns 91 properties and, in 2023, identified and worked on site plans for the next round of new build duplexes. The well also submitted for funding that will go towards building two new duplexes in 2025. To enable a pathway to homeownership, the well cdc has created a resident services department that…
$981,188 spent$656,824 earned by the program48% of program spendingCreating economy:less than 1% of middlebury residents live and work inside the neighborhood while 11,000+ jobs exist at local businesses thin the community. The middlebury community has a 10.3% unemployment rate, more than double the rates of greater akron and summit county. To combat this reality, our creating economy initiative encourages the adaptive reuse of our current assets to support entrepreneurship, career pathways, and engagement with anchor institutions. The well cdc has adopted the following programs and focuses to aid in this: akron food works, 647 coffee, career development, and middlebury commercial redevelopment.akron food works promotes food entrepreneurship in middlebury and the greater akron area by helping entrepreneurs create, incubte, and elevate their business. We work with food entrepreneurs of all stages by poviding a low-risk licnesed physical space along with training and technical assistance, leveraging recources to help remove barriers, and connecting entrepreneurs to sales opportunities to grow their business.647 coffee seeks to operate as a successful social enterprise creating a sense of place for neighbors and serving as the front porch to the…
$693,944 spent$62,428 earned by the program34% of program spendingSupporting place:mason clc, the k-6 elementary school located in the middlebury neighborhood, has a 63% student mobility rate. To combat this reality, the well cdc seeks to develop deeper social cohesion within middlebury to not only decrease the student transiency rate, but to connect people to the place they live and each other through the built environment. The akron hope program builds relationships and invests resources into students, families, and teachers to increase engagement and family stability, creating access ti quality homes and livable wages. Akron hope partners with mason clcand helen arnold clc to provide classroom tutoring, community connection events, and holiday outreach events.during 2023, the well cdc has held 13 community connection events and supported 500 students through adopt-a-classroom.
$386,328 spent19% of program spendingOther program services - operations
$122,000 earned by the program
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $2,061,460.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $11M to $14M (+31%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2018 23% · 2019 20% · 2020 3% · 2021 14% · 2022 30% · 2023 16% · 2024 29%. Grants only. Government contracts and fees sit inside program revenue.
85% of THE WELL COMMUNITY DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (60% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Zachary Kohl
Executive director
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 29 funders, grant income rose $161k → $2.7M.
8 of 51 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THE WELL COMMUNITY DEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 30 of 51 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE WELL COMMUNITY DEVELOPMENT CORPORATION leans on a few funders — its largest provides 56% of grant income and the top three 68%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 75% · 2018 48% · 2019 89% · 2020 76% · 2021 21% · 2022 43% · 2023 73% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
45% of THE WELL COMMUNITY DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 65% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
THE WELL COMMUNITY DEVELOPMENT CORPORATION draws 71% of its grant income from funders outside Ohio, across 9 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE WELL COMMUNITY DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 4,206 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,206 community improvement nonprofits $1M–$10M, FY2024
Government funding THE WELL COMMUNITY DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.9M on record.
- Department of Housing and Urban Development$1.9M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like THE WELL COMMUNITY DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Ohio
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Public support
84%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Middlebury Housing LLC · disregarded
- 913-917 E Market · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for THE WELL COMMUNITY DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE WELL COMMUNITY DEVELOPMENT CORPORATION?
- THE WELL COMMUNITY DEVELOPMENT CORPORATION (Ohio) receives grants from 51 organizations whose IRS filings report $9,321,953 to it, the largest being JOHN S AND JAMES L KNIGHT FOUNDATION ($5,240,000). 33 of them have funded it in more than one year.
- How many funders does THE WELL COMMUNITY DEVELOPMENT CORPORATION have?
- IRS filings report 51 organizations giving $9,321,953 in grants to THE WELL COMMUNITY DEVELOPMENT CORPORATION, 33 of which have funded it in more than one year.
- Who is the largest funder of THE WELL COMMUNITY DEVELOPMENT CORPORATION?
- JOHN S AND JAMES L KNIGHT FOUNDATION is the largest funder on record, with $5,240,000 in grants. The full list of funders is on this page.
- How can an organization like THE WELL COMMUNITY DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Well Community Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 51 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing