Grant Funder Grant Recipient
Organizations University Development Group INC

University Development Group INC

UNIVERSITY DEVELOPMENT GROUP, INC WAS FORMED TO MANAGE PROPERTY OWNED BY KENT STATE UNIVERSITY AND HOLD EQUITY INTERESTS OR LICENSES IN START UP ENTITIES. THE COMPANYIS A CONDUIT THAT HELPS IN FORMATION OF NEW BUSINESSES, CREATION OFJOBS AND REVITALIZATION AND GROWTH IN NORTHEAST OHIO. THEY ALSO PROMOTEACADEMIC ACHIEVEMENT AND ENHANCE EDUCATION BY PROVIDING OPPORTUNITIES FOR STUDENTS IN THE BUSINESS AND ENTREPRENEURIAL AREAS.

Source: IRS Form 990
Public Charity 501(c)(3) NTEE S50
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Organization Overview

Street address
KENT, OH 44240
(330) ***-**03
EIN
MemberPlus+
Earliest Filing
2018
Organization Type
Public Charity
Deductibility Status
Contributions are tax-deductible

Grants Given by Year

HighMediumLow
None
None
None
Medium
2018201920212022

Grants Received by Year

This organization also receives grants. See Funding Received below for details.

HighMediumLow
Medium
2022
Total Grants Given
$X.XB
All Years
Filings on File
4
Tax Years
NTEE Category
S50
Nonprofit Management

IRS Classification Codes

NTEE Code
S50
Nonprofit Management

Organizations that provide technical assistance for nonprofit organizations who need management support in areas like board development; facility administration; fiscal administration; grant writing; personnel administration; program planning, development or evaluation; service delivery; volunteer utilization; or public relations. Use this code for Nonprofit Management Support Centers.

The National Taxonomy of Exempt Entities (NTEE) code is a four digit code used to classify an exempt IRC 501(c)(3) organization.

Subsection Code
03
Private operating foundation (other)

Subsection Codes are the codes shown under section 501(c) of the Internal Revenue Code of 1986 which define the category under which an organization may be exempt.

Asset Code
3
25,000 - 99,999

Asset Codes relate to the amount of assets shown on the most recent Form 990 series return filed by the organization.

Affiliation Code
3
Independent - This code is used if the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).

Affiliation Code defines the organizational grouping.

Deductibility Code
1
Contributions are deductible.

Deductibility Code signifies whether contributions made to an organization are deductible.

Funding Received

Verified from IRS Form 990 Schedule I filings by this organization's funders - 1 grant from 1 funder, 2022.

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