STRATEGY STUDIO / PUBLIC DATA EXPLORER

UNIVERSITY DEVELOPMENT GROUP INC

Cite this

Plain text UNIVERSITY DEVELOPMENT GROUP INC. Strategy Studio, nonprofit organization profile, tax years 2012–2022. https://strategystudio.org/org/263118684. Retrieved 2026-10-20.

APA Strategy Studio. (n.d.). UNIVERSITY DEVELOPMENT GROUP INC [Nonprofit organization profile; tax years 2012–2022]. Retrieved October 20, 2026, from https://strategystudio.org/org/263118684

MLA “UNIVERSITY DEVELOPMENT GROUP INC.” Strategy Studio, tax years 2012–2022, https://strategystudio.org/org/263118684. Accessed 20 Oct. 2026.

Retrieved 2026-10-20; covers tax years 2012–2022. Data: Strategy Studio, CC BY 4.0.

2022 · Form 990 · revenue $0 · expenses $66K · assets $0

EIN
26-3118684
Address
P O BOX 333, KENT, OH 44240
NTEE code
-
Subsection
-
Ruling year
-
Cross-check
ProPublica Nonprofit Explorer

Mission

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.

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

1 person paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Michael Drew PRESIDENT2012-2022 $0$30,250 1

Officers and directors, no compensation reported

2 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Lowell Croskey DIRECTOR2012-2022 1 $0 reported 1
Richard Worthing (former) DIRECTOR2012-2019 1 $0 reported 1

People by year

2022 · 2 people listed · none paid · 0 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL DREW PRESIDENT3 $0$0$0 $01
LOWELL CROSKEY DIRECTOR1 $0$0$0 $01
2021 · 2 people listed · 1 paid, $3K · 0 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL DREW PRESIDENT3 $3,250$0$0 $3,2501
LOWELL CROSKEY DIRECTOR1 $0$0$0 $01
2020 · 2 people listed · 1 paid, $3K · 0 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL DREW PRESIDENT3 $3,000$0$0 $3,0001
LOWELL CROSKEY DIRECTOR1 $0$0$0 $01
2019 · 3 people listed · 1 paid, $3K · 0 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL DREW PRESIDENT3 $2,750$0$0 $2,7501
LOWELL CROSKEY DIRECTOR1 $0$0$0 $01
RICHARD WORTHING DIRECTOR1 $0$0$0 $01
2018 · 3 people listed · 1 paid, $3K · 0 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL DREW PRESIDENT3 $3,000$0$0 $3,0001
LOWELL CROSKEY DIRECTOR1 $0$0$0 $01
RICHARD WORTHING DIRECTOR1 $0$0$0 $01
2017 · 3 people listed · 1 paid, $3K · 0 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL DREW PRESIDENT3 $3,000$0$0 $3,0001
LOWELL CROSKEY DIRECTOR1 $0$0$0 $01
RICHARD WORTHING DIRECTOR1 $0$0$0 $01
2016 · 3 people listed · 1 paid, $3K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL DREW PRESIDENT3 $3,000-$0 $3,0001
LOWELL CROSKEY DIRECTOR1 $0-$0 $01
RICHARD WORTHING DIRECTOR1 $0-$0 $01
2015 · 3 people listed · 1 paid, $3K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL DREW PRESIDENT3 $3,000-- $3,0001
LOWELL CROSKEY DIRECTOR1 $0-- $01
RICHARD WORTHING DIRECTOR1 $0-- $01
2014 · 3 people listed · 1 paid, $3K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL DREW PRESIDENT3 $3,000-- $3,0001
LOWELL CROSKEY DIRECTOR1 $0-- $01
RICHARD WORTHING DIRECTOR1 $0-- $01
2013 · 3 people listed · 1 paid, $3K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL DREW PRESIDENT3 $3,250-- $3,2501
LOWELL CROSKEY DIRECTOR1 $0-- $01
RICHARD WORTHING DIRECTOR1 $0-- $01
2012 · 3 people listed · 1 paid, $3K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL DREW PRESIDENT3 $3,000-- $3,0001
LOWELL CROSKEY DIRECTOR1 $0-- $01
RICHARD WORTHING DIRECTOR1 $0-- $01

Highest-paid independent contractors

No independent contractors reported.

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2022 · 6 grants to organizations · $66K
2021 · 1 grant to organizations · $627K

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

Contributor names are not public for this form type.

Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2022 · Form 990 period ending 2022-09-23 · view filing · original 990 ↗
$0$65,873 $0$0 $0$0 $000
2021 · Form 990 period ending 2022-06-30 · view filing · original 990 ↗
$230,679$694,598 $65,873$65,873 $0$230,358 $3,25000
2020 · Form 990 period ending 2021-06-30 · view filing · original 990 ↗
$203,182$49,154 $529,792$529,792 $0$202,677 $3,00000
2019 · Form 990 period ending 2020-06-30 · view filing · original 990 ↗
$230,737$230,150 $375,764$375,764 $0$229,635 $2,75000
2018 · Form 990 period ending 2019-06-30 · view filing · original 990 ↗
$211,843$40,040 $375,177$375,177 $0$210,945 $3,00000
2017 · Form 990 period ending 2018-06-30 · view filing · original 990 ↗
$248,147$249,915 $203,374$203,374 $0$247,882 $3,00000
2016 · Form 990EZ period ending 2017-06-30 · view filing · original 990 ↗
$139,087$168,105 $205,142$205,142 -$138,823 ---
2015 · Form 990EZ period ending 2016-06-30 · view filing · original 990 ↗
$183,775$93,056 $234,160$234,160 -$183,507 ---
2014 · Form 990EZ period ending 2015-06-30 · view filing · original 990 ↗
$139,880$229,996 $143,441$143,441 -$139,650 ---
2013 · Form 990EZ period ending 2014-06-30 · view filing · original 990 ↗
$163,409$154,208 $233,557$233,557 -$163,313 ---
2012 · Form 990EZ period ending 2013-06-30 · view filing · original 990 ↗
$141,080$132,245 $224,356$224,356 -$140,934 ---

Funders of this organization

Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).

Similar organizations

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (39)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
UNIVERSITY DEVELOPMENT STRATEGIESOHNot reported $0$481,348 DIRECTOR$838,489 Similar name, same state
INVICTUS DEVELOPMENT GROUP INCOHL20 $600,998$2,350 DIRECTOR$0 Similar name, same state
RICHLAND COMMUNITY DEVELOPMENT GROUP INCOHS31 $930,680$1,342,238 IMMEDIATE PA$0 Similar name, same state
UNIVERSITY ENTERPRISES DEVELOPMENT GROUPCANot reported $9,837,987$3,525,376 BOARD MEMBER$248,421 Similar name
UNIVERSITY CHILD DEVELOPMENT INCKSNot reported $9,835$9,889 PRESIDENT$0 Similar name
NRG DEVELOPMENT GROUP INCWVS20 $0$0 Organizer Board Member$0 Similar name
GLOBAL DEVELOPMENT GROUP USA INCINQ33 $1,001,787$984,315 TREASURER$13,128 Similar name
UNIVERSITY COMMUNITY DEVELOPMENT CORPORATION INCGANot reported $867,564$43,591 VICE CHAIR$0 Similar name
MOSAIC DEVELOPMENT GROUP INCNCNot reported $3,390,095$2,461,636 EXECUTIVE DIRECTOR$214,412 Similar name
IOWA CITY AREA DEVELOPMENT GROUP INCIANot reported -- CEO$0 Similar name
CUBA DEVELOPMENT GROUP INCMOS30 $62,216$64,188 President$0 Similar name
MAIN DEVELOPMENT GROUP INCPAS47 $13,920$34,480 PRESIDENT/CEO$294,369 Similar name
BONNER DEVELOPMENT GROUP INCMTNot reported $9,808$64,595 EXECUTIVE DI$47,709 Similar name
MOBILITY DEVELOPMENT GROUP INCCANot reported $14,394$12,597 Treasurer$0 Similar name
CORDON DEVELOPMENT GROUP INCWIL20 $530,001$4,002 President$0 Similar name
BROOK DEVELOPMENT GROUP INCWIQ32 $61,285$91,415 DIRECTOR$0 Similar name
MCKEAN COMMUNITY DEVELOPMENT GROUP INCPAS80 $13,801$17,148 Vice President$0 Similar name
WOODLANDS DEVELOPMENT GROUP INCWVL20 $2,321,944$1,805,378 Executive Director$73,957 Similar name
UPWARD DEVELOPMENT GROUP INCMDS20 $0$0 President$0 Similar name
URLINGS DEVELOPMENT GROUP INCNYO50 -$375 PRESIDENT$0 Similar name
Hartford City Development Group IncINNot reported $10,672$48,235 President$0 Similar name
LIFE DEVELOPMENT GROUP INCCAS20 $120,000$152,233 CEO$0 Similar name
BLUELIGHT DEVELOPMENT GROUP INCNYL80 $178,963$411,901 President and Managing Director$0 Similar name
UNIVERSITY CHILD DEVELOPMENT SCHOOLWAB24 $18,649,854$18,168,763 HEAD OF SCHOOL$340,008 Similar name
CLAYTON COUNTY DEVELOPMENT GROUP INCIANot reported $230,428$155,663 SECRETARY$0 Similar name

Who funds organizations like this

Grantors that funded the 39 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
CAMPUS PARTNERS FOR COMMUNITY URBAN REDEVELOPMENT DAF sponsor$1,793,3334 12013–2016 UNIVERSITY DEVELOPMENT STRATEGIES
RICHLAND COUNTY FOUNDATION OF MANSFIELD DAF sponsor$1,661,16314 12011–2024 RICHLAND COMMUNITY DEVELOPMENT GROUP INC
AMERICAN ONLINE GIVING FOUNDATION INC DAF sponsor$816,56613 32019–2024 UNIVERSITY CHILD DEVELOPMENT SCHOOL; GLOBAL DEVELOPMENT GROUP USA INC; RICHLAND COMMUNITY DEVELOPMENT GROUP INC
THE BRAD & JILL JACKSON FAMILY FOUNDATION Private foundation$695,55016 12014–2024 UNIVERSITY CHILD DEVELOPMENT SCHOOL
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor$645,50816 22016–2024 UNIVERSITY CHILD DEVELOPMENT SCHOOL; GLOBAL DEVELOPMENT GROUP USA INC
DONOR ADVISED CHARITABLE GIVING DAF sponsor$559,07319 42014–2024 UNIVERSITY CHILD DEVELOPMENT SCHOOL; BLUELIGHT DEVELOPMENT GROUP INC; GLOBAL DEVELOPMENT GROUP USA INC; CUBA DEVELOPMENT GROUP INC
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC DAF sponsor$495,0004 22017–2022 UNIVERSITY CHILD DEVELOPMENT SCHOOL; OXFORD UNIVERSITY DEVELOPMENT NORTH AMERICA INC
NATIONAL PHILANTHROPIC TR DAF sponsor$451,4008 22015–2024 GLOBAL DEVELOPMENT GROUP USA INC; UNIVERSITY CHILD DEVELOPMENT SCHOOL
THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC DAF sponsor$226,8507 12019–2023 BLUELIGHT DEVELOPMENT GROUP INC
CLAUDE WORTHINGTON BENEDUM FOUNDATION Private foundation$225,0002 12021–2022 WOODLANDS DEVELOPMENT GROUP INC
ASHLAND COUNTY COMMUNITY FOUNDATION DAF sponsor$200,0001 12022–2022 RICHLAND COMMUNITY DEVELOPMENT GROUP INC
COMMUNITY FOUNDATION OF THE OZARKS INC DAF sponsor$176,6709 12013–2024 CUBA DEVELOPMENT GROUP INC
BANK OF AMERICA CHARITABLE FOUNDATION INC Private foundation$174,10015 42012–2021 MOSAIC DEVELOPMENT GROUP INC; RICHLAND COMMUNITY DEVELOPMENT GROUP INC; OXFORD UNIVERSITY DEVELOPMENT NORTH AMERICA INC; UNIVERSITY CHILD DEVELOPMENT SCHOOL
GATES FOUNDATION Private foundation$159,81017 12010–2016 UNIVERSITY CHILD DEVELOPMENT SCHOOL
GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC DAF sponsor$142,0007 22019–2024 GLOBAL DEVELOPMENT GROUP USA INC; UNIVERSITY CHILD DEVELOPMENT SCHOOL

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2022 · Form 990 · $65,873 spent · pay $0 · grants $65,873 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $65,873$65,873-- 100.0%
Total$65,873100%

View the filing

2021 · Form 990 · $694,598 spent · pay $3,250 · grants $627,202 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $627,202$627,202-- 90.3%
Other (as described)MAINTENANCE $36,426-$36,426- 5.2%
Insurance $14,389$14,389-- 2.1%
Depreciation and depletion $6,429$6,429-- 0.9%
Fees: accounting $3,500$3,500-- 0.5%
Pay: officers, directors, trustees, key employees $3,250$3,250-- 0.5%
Fees: legal $2,400$2,400-- 0.3%
Office expenses $802-$802- 0.1%
Other (as described)BUSINESS REGISTRATION F $200-$200- 0.0%
Total$694,598100%

View the filing

2020 · Form 990 · $49,154 spent · pay $3,000 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)MAINTENANCE $28,175-$28,175- 57.3%
Fees: accounting $7,000$7,000-- 14.2%
Depreciation and depletion $6,429$6,429-- 13.1%
Pay: officers, directors, trustees, key employees $3,000$3,000-- 6.1%
Fees: legal $2,400$2,400-- 4.9%
Insurance $1,862$1,862-- 3.8%
Office expenses $188-$188- 0.4%
Other (as described)BUSINESS REGISTRATION F $100-$100- 0.2%
Total$49,154100%

View the filing

2019 · Form 990 · $230,150 spent · pay $2,750 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Fees: management $196,808$196,808-- 85.5%
Other (as described)MAINTENANCE $18,745-$18,745- 8.1%
Depreciation and depletion $6,429$6,429-- 2.8%
Pay: officers, directors, trustees, key employees $2,750$2,750-- 1.2%
Insurance $2,742$2,742-- 1.2%
Fees: legal $2,400$2,400-- 1.0%
Office expenses $176-$176- 0.1%
Other (as described)BUSINESS REGISTRATION F $100-$100- 0.0%
Total$230,150100%

View the filing

2018 · Form 990 · $40,040 spent · pay $3,000 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Insurance $12,635$12,635-- 31.6%
Other (as described)MAINTENANCE $12,071-$12,071- 30.1%
Depreciation and depletion $6,429$6,429-- 16.1%
Pay: officers, directors, trustees, key employees $3,000$3,000-- 7.5%
Fees: accounting $3,000-$3,000- 7.5%
Fees: legal $2,400$2,400-- 6.0%
Other (as described)BUSINESS MEETING EXPENS $265-$265- 0.7%
Office expenses $140-$140- 0.3%
Other (as described)BUSINESS REGISTRATION F $100-$100- 0.2%
Total$40,040100%

View the filing

2017 · Form 990 · $249,915 spent · pay $3,000 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Fees: management $227,418$227,418-- 91.0%
Insurance $7,391$7,391-- 3.0%
Depreciation and depletion $6,429$6,429-- 2.6%
Pay: officers, directors, trustees, key employees $3,000$3,000-- 1.2%
Fees: accounting $2,875-$2,875- 1.2%
Fees: legal $2,400$2,400-- 1.0%
Office expenses $161-$161- 0.1%
Other (as described)BUSINESS REGISTRATION F $125-$125- 0.1%
Other (as described)BUSINESS MEETING EXPENS $116-$116- 0.0%
Total$249,915100%

View the filing

2016 · Form 990EZ · $168,105 spent · pay $3,000 · grants $0 · events $0
LineAs describedTotalShare
Other expenses (detail on Schedule O) $153,284 91.2%
Occupancy, rent, utilities, maintenance $6,429 3.8%
Fees to independent contractors $4,900 2.9%
Salaries, other pay and benefits $3,000 1.8%
Printing, publications, postage $492 0.3%
Total$168,105100%

View the filing

2015 · Form 990EZ · $93,056 spent · pay $0 · grants $0 · events $0
LineAs describedTotalShare
Other expenses (detail on Schedule O) $84,886 91.2%
Fees to independent contractors $8,040 8.6%
Printing, publications, postage $130 0.1%
Total$93,056100%

View the filing

2014 · Form 990EZ · $229,996 spent · pay $0 · grants $0 · events $0
LineAs describedTotalShare
Other expenses (detail on Schedule O) $221,602 96.4%
Fees to independent contractors $8,245 3.6%
Printing, publications, postage $149 0.1%
Total$229,996100%

View the filing

2013 · Form 990EZ · $154,208 spent · pay $0 · grants $0 · events $0
LineAs describedTotalShare
Other expenses (detail on Schedule O) $146,287 94.9%
Fees to independent contractors $7,788 5.1%
Printing, publications, postage $133 0.1%
Total$154,208100%

View the filing

2012 · Form 990EZ · $132,245 spent · pay $0 · grants $0 · events $0
LineAs describedTotalShare
Other expenses (detail on Schedule O) $121,096 91.6%
Fees to independent contractors $11,020 8.3%
Printing, publications, postage $129 0.1%
Total$132,245100%

View the filing