Overview
What is Delaware Community Investment Corp?
Delaware Community Investment Corp, also known as Cinnaire Corporation, is a nonprofit organization stationed in Wilmington, Delaware. Their primary mission is to serve as a catalyst for community revitalization by offering financial assistance and investments in affordable housing, community economic development, and related activities. By aggregating and coordinating the use of public resources, they aim to improve and expand community development within the Eastern region of the United States. This involves directly financing and investing in projects that cater to the needs of low-income individuals and areas, thereby promoting economic growth and improved living conditions.
Official website here: www.cinnaire.com
Is Delaware Community Investment Corp legitimate?
Delaware Community Investment Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware Community Investment Corp 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: $0
For more financial information, click here
Official website here: www.cinnaire.com
What is the mission statement of Delaware Community Investment Corp?
Delaware Community Investment Corp serves as a tool for community revitalization by directly engaging in financing and investments for community development. Their mission is to address the needs of low-income individuals and areas, focusing on housing, economic development, and related activities. They aim to aggregate and coordinate the use of public resources to enhance and expand community development across the Eastern region of the United States, ultimately improving overall community well-being.
Official website here: www.cinnaire.com
Who is the CEO of Delaware Community Investment Corp?
Brett Oumedian is the Director of Delaware Community Investment Corp.
Official website here: www.cinnaire.com
What is the revenue of Delaware Community Investment Corp?
Delaware Community Investment Corp's revenue in 2022 was $1,085,788.
Official website here: www.cinnaire.com
Who are the executives of Delaware Community Investment Corp and what are their salaries?
- Jim Peffley (President)
- Brett Oumedian (Treasurer) [Trustee/Director]
- Susan Frank (Vice President)
- Lucius Vassar (Assistant Secretary)
- Ryan Robinson (Director)
- Josh Ghena (Vice President) [Trustee/Director]
- Keith Broadnax (Director)
- James L Logue Iii (Chair) [Trustee/Director]
Official website here: www.cinnaire.com
Where can I find the form 990 for Delaware Community Investment Corp?
The Delaware Community Investment Corp’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.cinnaire.com
Learn more at the official website: www.cinnaire.com
Mission Statement of Delaware Community Investment Corp
Delaware Community Investment Corp, abbreviated as DCI Corp, serves as a catalyst for community revitalization. Its mission is to take direct action by financing and investing in housing, community economic development, and related activities aimed at addressing the needs of low-income individuals and areas. The organization operates as a vehicle to aggregate and coordinate the use of public resources, working towards the improvement and expansion of community development across the Eastern region of the United States. By doing so, DCI Corp seeks to contribute significantly to the betterment of low-income communities and individuals, thereby promoting overall socio-economic growth.
Impact
This information is meant to be a general summary of Delaware Community Investment Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Delaware Community Investment Corp is actively engaged in lending and investing for community development, focusing on affordable housing providers. Its mission is to serve as a vehicle for community revitalization by directly financing and investing in housing, community economic development, and related activities that address the needs of low-income individuals and areas. By aggregating and coordinating the use of public resources, Delaware Community Investment Corp works to improve and expand community development throughout the eastern region of the United States, particularly in Wilmington, Delaware.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST REVENUE
Revenue
$414,599
LENDING FEES
Revenue
$301,494
Organization Details
Founding Year
1994
Phone
(302) 655-1420
Principal Officer
Brett Oumedian
Main Address
100 WEST 10TH STREET 302, WILMINGTON, DE, 19801
Website
www.cinnaire.com
NTEE Category
Code: L200 - Housing
If you are a representative of Delaware Community Investment Corp 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.