Youngstown Central Area Community Improvement Corporation

What Youngstown Central Area Community Improvement Corporation does

Youngstown Central Area Community Improvement Corporation (YCACIC) is a private 501(c)(3) non-profit economic development organization incorporated on April 25, 1988 under Ohio Revised Code Title XVII, Chapter 1702, and headquartered at 242 West Federal Street, Suite 304, Youngstown, Ohio. Its mandate is to revitalize Youngstown's Central Business District through the pursuit and promotion of downtown development activities, including encouraging commercial, retail, and residential activity; creating an Arts & Entertainment District; promoting a safe and clean downtown environment; and supporting promotional and public relations initiatives.

The organization's core activity is acting as owner/developer for renovation and construction projects on behalf of the public interest. Documented projects include the renovation of the Morley Center for the Arts, construction of the George V. Voinovich Government Center, development of the Mahoning County Children Services Board building and the Seventh District Court of Appeals, and development of the Taft Technology Center and renovated Semple building, both as extensions of the Youngstown Business Incubator. YCACIC continues to pursue additional renovations of existing structures to accommodate technology and other business groups.

YCACIC operates with 1-10 employees and is governed by a Board of Directors with elected officers (Chairman G. Richard Pavlock, Vice-Chairman James Miller, Treasurer Richard Schiraldi, Secretary Patricia Syak) and President David Kosec. Board representation spans local banking (First National Bank, Home Savings & Loan Bank), energy (Youngstown Energy LLC), media (The Vindicator), public-sector infrastructure (Western Reserve Port Authority), and local services (Hometown Pharmacy Solutions). The business model is non-commercial: YCACIC does not sell products or services at market prices, and revenue is not disclosed in available sources. Its primary customer segments are the Downtown Youngstown community and prospective business/developer entrants seeking a revitalized urban environment.

Name

Youngstown Central Area Community Improvement Corporation

Legal name

Youngstown Central Area Community Improvement Corporation

Website

https://ycacic.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

1–10 employees

Short description

Youngstown Central Area Community Improvement Corporation is a 501(c)(3) nonprofit economic development organization in Youngstown, Ohio that acts as owner/developer for downtown revitalization, civic construction, and technology-incubator renovation projects.

Ownership category

akta.pro rank

Product category

Community Economic Development

NAICS

Commercial and Institutional Building Construction (23622), Residential Remodelers (236118)

SIC

Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives) (BPAIANAE)

akta.pro secondary industries

Urban Renewal, Brownfield Redevelopment & Land Reuse (BPAIANAI), Community Arts, Culture & Creative Placemaking Enterprises (BPAGALAO)

Keywords

• Economic development
• Urban revitalization
• Community development
• Downtown redevelopment
• Property development

Headquarters

HQ city

Youngstown

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure

Distribution channels1 record

Marketing channels1 record

Core offering

YCACIC is a non-profit community improvement corporation that revitalizes Youngstown's Central Business District by acting as owner/developer for renovation and construction projects, encouraging commercial, retail, and residential activity, creating an Arts & Entertainment District, and providing promotional and public relations support for downtown initiatives. Its activities focus on property development, job creation, and urban revitalization rather than the sale of commercial products or services.

Differentiator

Problem solved

Functional benefit

Products and services

• Economic Development and Community Revitalization Services Core service offering to Downtown Youngstown: YCACIC acts as owner/developer for renovation and construction projects, encourages commercial, retail, and residential activity, and pursues downtown development activities to promote jobs and economic activity. It is intended for downtown businesses, developers, institutions, and the broader Youngstown community.
• Arts & Entertainment District Development Initiative to create and promote an Arts & Entertainment District in Downtown Youngstown, including the renovation of the Morley Center for the Arts. Intended for cultural organizations, arts groups, and downtown residents and visitors.
• Property Development and Owner/Developer Project Services Real estate/development services where YCACIC acts as owner/developer for renovation and construction of municipal and commercial properties in Downtown Youngstown, including the George V. Voinovich Government Center, Mahoning County Children Services Board building, Seventh District Court of Appeals, Taft Technology Center, and the renovated Semple building (Youngstown Business Incubator extension). Intended for public-sector and institutional tenants, and technology/business incubator users.
• Downtown Promotional and Public Relations Support Service to develop promotional and public relations efforts supporting downtown Youngstown initiatives, including creation of a safe and clean downtown environment. Intended for downtown businesses, property owners, and the Youngstown community.

Quantifiable outcome

• Successfully acted as owner/developer for renovation of Morley Center for the Arts, construction of George V. Voinovich Government Center, Mahoning County Children Services Board building, Seventh District Court of Appeals, Taft Technology Center, and renovated Semple building

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves6 records

Expansion highlights3 records

Direct peers

• Western Reserve Port Authority: Local port authority whose leadership overlaps with YCACIC's board. Comparable as a place-based development/economic-development entity serving the Youngstown area, though focused on port and industrial assets rather than downtown real estate.
• Youngstown Business Incubator: The technology incubator in downtown Youngstown whose two real-estate extensions (Taft Technology Center and the Semple building) YCACIC developed. Directly comparable as a place-based economic-development actor operating in the same geography and serving overlapping tenants.
• Mahoning Valley Economic Development Corporation: Regional economic-development corporation serving the same Mahoning Valley geography as YCACIC, providing low-interest financing, industrial-park support, and business-development services. Closely comparable mission and overlapping customer base.

Broad incumbents

• National Development Council: National non-profit economic and community development organization providing financing and technical assistance to local communities. Comparable as a peer to a non-profit economic development corporation, though it operates as a national intermediary rather than a single-city owner/developer.
• National Main Street Center: National downtown-revitalization program emphasizing commercial district revitalization through the four-point approach (organization, promotion, design, economic vitality). Directly comparable philosophy to YCACIC's stated Arts & Entertainment District, safe/clean downtown, and commercial/retail support activities.
• Center for Community Progress: National non-profit focused on vacant, abandoned, and deteriorated property revitalization in cities. Strongly comparable to YCACIC's downtown-revitalization and blight-address mission, though operating as a national policy/technical-assistance organization rather than a single-city developer.
• Local Initiatives Support Corporation (LISC): National community development financial institution and place-based investor supporting equitable development in distressed communities. Highly comparable mission (CDCs, place-based revitalization) but operates at vastly greater scale across many geographies.
• International Economic Development Council (IEDC): Professional association for economic developers. Comparable as the broader ecosystem/network in which YCACIC operates and from which it draws standards, training, and peer-learning for economic development practice.

Others

• Smart Growth America: National advocacy coalition promoting walkable, mixed-use urban development. Thematically aligned with YCACIC's downtown-revitalization and mixed-use commercial/retail/residential support mission, though operating as a policy/advisory organization rather than a developer.

Regional players

• Cuyahoga County Land Reutilization Corporation (Cuyahoga Land Bank): Ohio land bank tackling vacant and blighted property in Cuyahoga County (Cleveland). Comparable as an Ohio place-based nonprofit/land reutilization entity focused on urban revitalization, though operating at larger county scale and with broader geographic remit.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/youngstown-central-area-community-improvement-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Youngstown Central Area Community Improvement Corporation