Smith Hill Community Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050466422 ✦ Providence, RI ✦ Designated as a 501(c)(3)

Overview

What is Smith Hill Community Development Corporation?

Smith Hill Community Development Corporation, located at 400 Smith Street, Providence, RI 02908, is a nonprofit organization dedicated to revitalizing the community. Their primary mission is to improve the housing situation in Providence by acquiring, developing, selling, and renting properties for individuals with low and moderate incomes. The corporation aims to assist individuals in becoming homeowners and provide affordable housing options, thereby contributing to a better living environment within the city. With a small team of three employees, Smith Hill Community Development Corporation is actively working towards this goal.


Is Smith Hill Community Development Corporation legitimate?

Smith Hill Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Smith Hill Community Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,728

For more financial information, click here


What is the mission statement of Smith Hill Community Development Corporation?
Who is the CEO of Smith Hill Community Development Corporation?
What is the revenue of Smith Hill Community Development Corporation?
Who are the executives of Smith Hill Community Development Corporation and what are their salaries?
Where can I find the form 990 for Smith Hill Community Development Corporation?

Mission Statement of Smith Hill Community Development Corporation

The Smith Hill Community Development Corporation, as a nonprofit organization, is committed to revitalizing neighborhoods for low and moderate-income individuals. Their mission is twofold: firstly, they aim to enhance the housing stock within their remit. Secondly, they strive to assist individuals in becoming homeowners and provide them with decent, affordable housing options. Through their activities, they acquire, develop, sell, and rent property, all with the intention of catering to the housing needs of individuals who fall within the low and moderate-income bracket. The ultimate goal of Smith Hill Community Development Corporation is to improve the living conditions of these individuals, helping them secure a stable and affordable place to call home.

Impact

This information is meant to be a general summary of Smith Hill Community Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Smith Hill Community Development Corporation's impact can be seen in the transformation of neighborhoods in Providence, Rhode Island. By focusing on neighborhood revitalization for low and moderate-income persons, they have improved the housing stock and assisted individuals in becoming homeowners. Through their activities such as acquisition, development, sale, and rental of property, they provide decent and affordable housing options for those in need. Their dedication to providing housing solutions for the community has made a significant difference in the lives of many individuals and families.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $276,342
  • Program Service Revenue: $339,005
  • Gross Receipts: $703,502

    • Assets and Liabilities:
  • Total Assets: $3,702,243
  • Total Liabilities: $2,353,058
  • Net Assets: $1,349,185
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $328,997

    SERVICE FEES

    Revenue

    $10,008

    Organization Details

    Founding Year

    1992

    Principal Officer

    Ian Budish

    Main Address

    400 SMITH STREET, PROVIDENCE, RI, 02908

    NTEE Category

    Code: L25 - Housing

    If you are a representative of Smith Hill Community Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.