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Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).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.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Michael Drew | PRESIDENT | 2012-2022 | $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.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Lowell Croskey | DIRECTOR | 2012-2022 | 1 | $0 reported | 1 |
| Richard Worthing (former) | DIRECTOR | 2012-2019 | 1 | $0 reported | 1 |
People by year
2022 · 2 people listed · none paid · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL DREW | PRESIDENT | 3 | $0 | $0 | $0 | $0 | 1 |
| LOWELL CROSKEY | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
2021 · 2 people listed · 1 paid, $3K · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL DREW | PRESIDENT | 3 | $3,250 | $0 | $0 | $3,250 | 1 |
| LOWELL CROSKEY | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
2020 · 2 people listed · 1 paid, $3K · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL DREW | PRESIDENT | 3 | $3,000 | $0 | $0 | $3,000 | 1 |
| LOWELL CROSKEY | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
2019 · 3 people listed · 1 paid, $3K · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL DREW | PRESIDENT | 3 | $2,750 | $0 | $0 | $2,750 | 1 |
| LOWELL CROSKEY | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| RICHARD WORTHING | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
2018 · 3 people listed · 1 paid, $3K · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL DREW | PRESIDENT | 3 | $3,000 | $0 | $0 | $3,000 | 1 |
| LOWELL CROSKEY | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| RICHARD WORTHING | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
2017 · 3 people listed · 1 paid, $3K · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL DREW | PRESIDENT | 3 | $3,000 | $0 | $0 | $3,000 | 1 |
| LOWELL CROSKEY | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| RICHARD WORTHING | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
2016 · 3 people listed · 1 paid, $3K
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL DREW | PRESIDENT | 3 | $3,000 | - | $0 | $3,000 | 1 |
| LOWELL CROSKEY | DIRECTOR | 1 | $0 | - | $0 | $0 | 1 |
| RICHARD WORTHING | DIRECTOR | 1 | $0 | - | $0 | $0 | 1 |
2015 · 3 people listed · 1 paid, $3K
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL DREW | PRESIDENT | 3 | $3,000 | - | - | $3,000 | 1 |
| LOWELL CROSKEY | DIRECTOR | 1 | $0 | - | - | $0 | 1 |
| RICHARD WORTHING | DIRECTOR | 1 | $0 | - | - | $0 | 1 |
2014 · 3 people listed · 1 paid, $3K
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL DREW | PRESIDENT | 3 | $3,000 | - | - | $3,000 | 1 |
| LOWELL CROSKEY | DIRECTOR | 1 | $0 | - | - | $0 | 1 |
| RICHARD WORTHING | DIRECTOR | 1 | $0 | - | - | $0 | 1 |
2013 · 3 people listed · 1 paid, $3K
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL DREW | PRESIDENT | 3 | $3,250 | - | - | $3,250 | 1 |
| LOWELL CROSKEY | DIRECTOR | 1 | $0 | - | - | $0 | 1 |
| RICHARD WORTHING | DIRECTOR | 1 | $0 | - | - | $0 | 1 |
2012 · 3 people listed · 1 paid, $3K
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL DREW | PRESIDENT | 3 | $3,000 | - | - | $3,000 | 1 |
| LOWELL CROSKEY | DIRECTOR | 1 | $0 | - | - | $0 | 1 |
| RICHARD WORTHING | DIRECTOR | 1 | $0 | - | - | $0 | 1 |
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.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2022 · Form 990 | ||||||||
| $0 | $65,873 | $0 | $0 | $0 | $0 | $0 | 0 | 0 |
| 2021 · Form 990 | ||||||||
| $230,679 | $694,598 | $65,873 | $65,873 | $0 | $230,358 | $3,250 | 0 | 0 |
| 2020 · Form 990 | ||||||||
| $203,182 | $49,154 | $529,792 | $529,792 | $0 | $202,677 | $3,000 | 0 | 0 |
| 2019 · Form 990 | ||||||||
| $230,737 | $230,150 | $375,764 | $375,764 | $0 | $229,635 | $2,750 | 0 | 0 |
| 2018 · Form 990 | ||||||||
| $211,843 | $40,040 | $375,177 | $375,177 | $0 | $210,945 | $3,000 | 0 | 0 |
| 2017 · Form 990 | ||||||||
| $248,147 | $249,915 | $203,374 | $203,374 | $0 | $247,882 | $3,000 | 0 | 0 |
| 2016 · Form 990EZ | ||||||||
| $139,087 | $168,105 | $205,142 | $205,142 | - | $138,823 | - | - | - |
| 2015 · Form 990EZ | ||||||||
| $183,775 | $93,056 | $234,160 | $234,160 | - | $183,507 | - | - | - |
| 2014 · Form 990EZ | ||||||||
| $139,880 | $229,996 | $143,441 | $143,441 | - | $139,650 | - | - | - |
| 2013 · Form 990EZ | ||||||||
| $163,409 | $154,208 | $233,557 | $233,557 | - | $163,313 | - | - | - |
| 2012 · Form 990EZ | ||||||||
| $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)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| UNIVERSITY DEVELOPMENT STRATEGIES | OH | Not reported | $0 | $481,348 | DIRECTOR | $838,489 | Similar name, same state |
| INVICTUS DEVELOPMENT GROUP INC | OH | L20 | $600,998 | $2,350 | DIRECTOR | $0 | Similar name, same state |
| RICHLAND COMMUNITY DEVELOPMENT GROUP INC | OH | S31 | $930,680 | $1,342,238 | IMMEDIATE PA | $0 | Similar name, same state |
| UNIVERSITY ENTERPRISES DEVELOPMENT GROUP | CA | Not reported | $9,837,987 | $3,525,376 | BOARD MEMBER | $248,421 | Similar name |
| UNIVERSITY CHILD DEVELOPMENT INC | KS | Not reported | $9,835 | $9,889 | PRESIDENT | $0 | Similar name |
| NRG DEVELOPMENT GROUP INC | WV | S20 | $0 | $0 | Organizer Board Member | $0 | Similar name |
| GLOBAL DEVELOPMENT GROUP USA INC | IN | Q33 | $1,001,787 | $984,315 | TREASURER | $13,128 | Similar name |
| UNIVERSITY COMMUNITY DEVELOPMENT CORPORATION INC | GA | Not reported | $867,564 | $43,591 | VICE CHAIR | $0 | Similar name |
| MOSAIC DEVELOPMENT GROUP INC | NC | Not reported | $3,390,095 | $2,461,636 | EXECUTIVE DIRECTOR | $214,412 | Similar name |
| IOWA CITY AREA DEVELOPMENT GROUP INC | IA | Not reported | - | - | CEO | $0 | Similar name |
| CUBA DEVELOPMENT GROUP INC | MO | S30 | $62,216 | $64,188 | President | $0 | Similar name |
| MAIN DEVELOPMENT GROUP INC | PA | S47 | $13,920 | $34,480 | PRESIDENT/CEO | $294,369 | Similar name |
| BONNER DEVELOPMENT GROUP INC | MT | Not reported | $9,808 | $64,595 | EXECUTIVE DI | $47,709 | Similar name |
| MOBILITY DEVELOPMENT GROUP INC | CA | Not reported | $14,394 | $12,597 | Treasurer | $0 | Similar name |
| CORDON DEVELOPMENT GROUP INC | WI | L20 | $530,001 | $4,002 | President | $0 | Similar name |
| BROOK DEVELOPMENT GROUP INC | WI | Q32 | $61,285 | $91,415 | DIRECTOR | $0 | Similar name |
| MCKEAN COMMUNITY DEVELOPMENT GROUP INC | PA | S80 | $13,801 | $17,148 | Vice President | $0 | Similar name |
| WOODLANDS DEVELOPMENT GROUP INC | WV | L20 | $2,321,944 | $1,805,378 | Executive Director | $73,957 | Similar name |
| UPWARD DEVELOPMENT GROUP INC | MD | S20 | $0 | $0 | President | $0 | Similar name |
| URLINGS DEVELOPMENT GROUP INC | NY | O50 | - | $375 | PRESIDENT | $0 | Similar name |
| Hartford City Development Group Inc | IN | Not reported | $10,672 | $48,235 | President | $0 | Similar name |
| LIFE DEVELOPMENT GROUP INC | CA | S20 | $120,000 | $152,233 | CEO | $0 | Similar name |
| BLUELIGHT DEVELOPMENT GROUP INC | NY | L80 | $178,963 | $411,901 | President and Managing Director | $0 | Similar name |
| UNIVERSITY CHILD DEVELOPMENT SCHOOL | WA | B24 | $18,649,854 | $18,168,763 | HEAD OF SCHOOL | $340,008 | Similar name |
| CLAYTON COUNTY DEVELOPMENT GROUP INC | IA | Not 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).
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
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants to US organizations and governments | $65,873 | $65,873 | - | - | 100.0% | |
| Total | $65,873 | 100% |
2021 · Form 990 · $694,598 spent · pay $3,250 · grants $627,202 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $694,598 | 100% |
2020 · Form 990 · $49,154 spent · pay $3,000 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $49,154 | 100% |
2019 · Form 990 · $230,150 spent · pay $2,750 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $230,150 | 100% |
2018 · Form 990 · $40,040 spent · pay $3,000 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $40,040 | 100% |
2017 · Form 990 · $249,915 spent · pay $3,000 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $249,915 | 100% |
2016 · Form 990EZ · $168,105 spent · pay $3,000 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $168,105 | 100% |
2015 · Form 990EZ · $93,056 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $93,056 | 100% |
2014 · Form 990EZ · $229,996 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $229,996 | 100% |
2013 · Form 990EZ · $154,208 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $154,208 | 100% |
2012 · Form 990EZ · $132,245 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $132,245 | 100% |