Tremont West Development Corporation
Tremont West Development Corporation is a Cleveland-based non-profit community development corporation founded in 1969 that serves the Tremont, Duck Island, and Irishtown Bend neighborhoods through housing programs, a small business incubator, cultural events, and member-governed community engagement, funded by memberships, donations, and grants.
- Company typePrivate
- Founded1969
- HeadquartersCleveland, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Tremont West Development Corporation does
Tremont West Development Corporation is a non-profit community development corporation (CDC) founded in 1969 and headquartered at 2406 Professor Avenue in Cleveland, Ohio. It serves the Tremont neighborhood along with adjacent Duck Island and Irishtown Bend communities, organizing residents and businesses through a democratically elected 15-member board, block clubs, and neighborhood committees. Its mission is to foster neighborhood improvement, affordable housing, small business support, and cultural programming.
The organization operates a portfolio of community programs rather than commercial products. Core offerings include the Small Business Incubator Program (offering subsidized ~400 sq ft retail/office space at 2406 Professor Avenue for $550/month after a 3-month free period), the Senior Home Repair Program, and recurring cultural events such as Walkabout Tremont (monthly since 1993), Arts in August, the Tremont Arts & Cultural Festival (110+ vendors), the Farmers Market, and Taste of Tremont. It also co-manages the Near West Land Trust with Ohio City Incorporated for permanently affordable housing development and partners with the Hispanic Business Center and HFLA of Northeast Ohio for small business assistance. Marketing and member communications are delivered through experiencetremont.com, a monthly Inside Tremont newsletter, Facebook, and in-person block club engagement.
Tremont West is funded through a non-profit revenue mix of annual membership fees, charitable donations, and government and foundation grants, supplemented by event-related income. The CDC does not sell commercial products or services to customers; all programming is delivered to community members at no direct cost. With approximately 18 staff members led by Executive Director Julie Dahlhausen (appointed July 2024) and a 2026–2027 board presidency held by Barbara Andelman, the organization functions as a neighborhood hub connecting residents, small businesses, and cultural institutions in the Tremont area.
Tremont West Development Corporation firmographics
Firmographics- Name
- Tremont West Development Corporation
- Legal name
- Tremont West Development Corporation
- Website
- https://tremontwest.org
- Company type
- Private
- Founded year
- 1969
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Tremont West Development Corporation is a Cleveland-based non-profit community development corporation founded in 1969 that serves the Tremont, Duck Island, and Irishtown Bend neighborhoods through housing programs, a small business incubator, cultural events, and member-governed community engagement, funded by memberships, donations, and grants.
- Ownership category
- akta.pro rank
Tremont West Development Corporation industry classification
Industry- Product category
- Community Development Services
- NAICS
- Civic and Social Organizations (813410)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
- akta.pro secondary industry
- Cultural Centers & Community Cultural Organizations (BPAGAHAD)
Keywords
Where Tremont West Development Corporation is headquartered
LocationHeadquarters
- HQ city
- Cleveland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Tremont West Development Corporation business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Membership Fees: Annual membership fees from community residents and businesses who participate in the organization's democratic governance structure
- Donations and Grants: Funding from charitable donations and government or foundation grants to support community development programs
- Event Revenue: Revenue generated from community events and programs such as Walkabout Tremont and the Storefront Incubator Program
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Tremont West Development Corporation product offering
Product offeringCore offering
Tremont West Development Corporation is a non-profit community development corporation that delivers neighborhood revitalization, affordable housing support, small business incubation, and cultural event programming for the Tremont neighborhood of Cleveland, Ohio. Its offerings include the Small Business Incubator Program (subsidized retail space with partner-provided business assistance), the Senior Home Repair Program, and recurring neighborhood events such as Walkabout Tremont, Arts in August, and the Tremont Arts & Cultural Festival. Services are funded through membership fees, donations, grants, and event revenue rather than commercial sales.
Product overview
Tremont West Development Corporation is a non-profit community development corporation (CDC) established in 1969 that serves the Tremont neighborhood in Cleveland, Ohio. Rather than offering a unified technology product, the organization provides a portfolio of community development programs including a Small Business Incubator Program with subsidized retail space, housing repair assistance, neighborhood events management (Walkabout Tremont, Arts & Cultural Festival, Arts in August, Farmers Market), community engagement through block clubs and volunteer programs, and real estate development initiatives. The organization acts as a neighborhood hub connecting residents, businesses, and community groups through its various programs and services.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Small Business Incubator Program offers first 3 months rent free, then $550/month for approximately 400 sq ft retail/office space
- +1 more outcomes
Companies that use Tremont West Development Corporation
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Tremont West Development Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Tremont West Development Corporation partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- Cleveland Urban Design Collaborative (CUDC)corePartnership for neighborhood development planning. CUDC assisted in developing the HBR-MCC (Holmden-Buhrer-Rowley-Mentor-Castle-Clark) Neighborhood Plan adopted by Cleveland City Planning Commission.
- Hispanic Business CentercoreStrategic alliance for the Small Business Incubator Program. The Hispanic Business Center provides business assistance to incubator participants at 2406 Professor Avenue, supporting Latino and minority entrepreneurs.
- HFLA of Northeast OhiocoreStrategic alliance for the Small Business Incubator Program providing financial support and resources to small business participants.
- Cleveland City Councilman Kerry McCormackcoreWard 3 Councilman partnered with Tremont West for Arts in August programming, presenting free professional dance, theatre and music in Lincoln Park.
- Cleveland Public TheatrecorePartner in Arts in August presenting professional theatre and dance performances in Lincoln Park, including the Student Theatre Enrichment Program (STEP).
- LAND StudiocorePartner in Arts in August programming, contributing to the presentation of free professional arts in Lincoln Park.
- Near West Land Trust (Near West Partners)coreCollaboration between Tremont West Development Corporation and Ohio City Incorporated to create permanently affordable homes on the Near West Side of Cleveland. The partnership breaks ground on new construction homes, combining resources and expertise of both CDCs.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Tremont West Development Corporation competitors and assessment
Company assessmentBroad incumbents
- Enterprise Community Partners: National nonprofit focused on affordable housing and community development, with active presence in Cleveland. Comparable as a broader community development peer with overlapping affordable housing and neighborhood revitalization focus.
- Local Initiatives Support Corporation (LISC): National CDFI that funds and supports CDCs including Tremont-area initiatives. Comparable as a peer organization in the community development ecosystem, though operating at a much larger scale and as a funder rather than a direct neighborhood operator.
- Cleveland Neighborhood Progress: Intermediary CDFI and capacity-building organization supporting CDCs across Cleveland, including Tremont West's former Executive Director Cory Riordan who moved here in 2023. Comparable as a peer funder/incubator in the Cleveland CDC ecosystem.
Direct peers
- Detroit-Shoreway Community Development Organization: Cleveland CDC serving the Detroit-Shoreway neighborhood with arts, housing, and commercial corridor revitalization programs. Comparable community development corporation with overlapping event and small business programming.
- Ohio City Incorporated: Cleveland-based CDC operating in the adjacent Ohio City neighborhood. Most directly comparable peer: same city, similar community development corporation model, and active co-development partner via the Near West Land Trust affordable housing initiative.
- Fairfax Renaissance Development Corporation: Cleveland CDC focused on housing, economic development, and community engagement in the Fairfax neighborhood. Comparable structure and mission, including block club and event programming.
- St. Clair Superior Development Corporation: Cleveland CDC focused on the St. Clair-Superior corridor with mixed-use development and small business support. Comparable as a peer CDC with overlapping small business and real estate development activity.
- Slavic Village Development Corporation: Cleveland CDC serving the Slavic Village neighborhood with a similar mix of housing, small business, and community engagement programs. Directly comparable in scale, mission, and operational model within the same city.
- Burten, Bell, Carr Development Corporation: Cleveland CDC serving multiple neighborhoods on the city's east side with housing, commercial, and community development initiatives. Directly comparable in CDC operating model and Cleveland geographic context.
Regional players
- Greater Cleveland Neighborhood Centers Association: Regional association of Cleveland-area neighborhood centers delivering community programming. Comparable mission of neighborhood-based community service delivery, though operating as an umbrella rather than a single-neighborhood CDC.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Tremont West Development Corporation social profiles
Digital presenceTremont West Development Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tremont West Development Corporation leadership team
Management profileNumber of profiles
Profiles7 records
Tremont West Development Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tremont West Development Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tremont West Development Corporation
What does Tremont West Development Corporation do?
Tremont West Development Corporation is a non-profit community development corporation that delivers neighborhood revitalization, affordable housing support, small business incubation, and cultural event programming for the Tremont neighborhood of Cleveland, Ohio. Its offerings include the Small Business Incubator Program (subsidized retail space with partner-provided business assistance), the Senior Home Repair Program, and recurring neighborhood events such as Walkabout Tremont, Arts in August, and the Tremont Arts & Cultural Festival. Services are funded through membership fees, donations, grants, and event revenue rather than commercial sales.
Is Tremont West Development Corporation a public or private company?
Tremont West Development Corporation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Tremont West Development Corporation founded?
Tremont West Development Corporation was founded in 1969. It employs 11 to 50 people.
Where is Tremont West Development Corporation based?
Tremont West Development Corporation is headquartered in Cleveland, United States, in the North America region.
How does Tremont West Development Corporation make money?
Three revenue lines are on record. Membership Fees are the primary driver. The others are donations and Grants and event Revenue.
Who are Tremont West Development Corporation's main competitors?
Broad incumbents on record are Enterprise Community Partners, Local Initiatives Support Corporation (LISC) and Cleveland Neighborhood Progress. Direct peers are Detroit-Shoreway Community Development Organization, Ohio City Incorporated, Fairfax Renaissance Development Corporation, St. Clair Superior Development Corporation, Slavic Village Development Corporation and Burten, Bell, Carr Development Corporation. Greater Cleveland Neighborhood Centers Association is listed as a regional player.
Does Tremont West Development Corporation have an API?
No public API is recorded for Tremont West Development Corporation.
What industry is Tremont West Development Corporation in?
Tremont West Development Corporation's product category is Community Development Services. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of BPAGAHAD, Cultural Centers & Community Cultural Organizations. Its NAICS code is 813410 and its SIC code is 8600.