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Holly City Development Corporation

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

EIN: 223614788 ✦ Millville, NJ ✦ Designated as a 501(c)(3)

Overview

What is Holly City Development Corporation?

Holly City Development Corporation is a nonprofit organization based in Millville, New Jersey, specifically at 14 E Mulberry Street. Their primary mission is to spearhead the redevelopment of the city center to enhance the quality of life for Millville's residents. They achieve this through various initiatives, including real estate development and redevelopment, housing construction, rehabilitation, and financing. Moreover, they engage in community building and resident engagement, as well as economic development activities. With a modest team of five employees, Holly City Development Corporation is dedicated to revitalizing and improving their community.


Is Holly City Development Corporation legitimate?

Holly City Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holly City 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: $126,657
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


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

Mission Statement of Holly City Development Corporation

Holly City Development Corporation is dedicated to the continuous renewal of communities, focusing on several key areas. These include the development and redevelopment of real estate, housing construction and rehabilitation, financing, community building, resident engagement, and economic development. By engaging in these activities, the organization aims to improve the quality of life for the residents of the communities it serves. Specifically, Holly City Development Corporation has set its sights on the redevelopment of center-city Millville, with the goal of enhancing the living standards of Millville's residents.

Impact

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




Thursday, August 15, 2024

The impact of Holly City Development Corporation is seen in its continuous efforts to renew the community of Millville through various initiatives. With a focus on development and redevelopment of real estate, housing construction, rehabilitation, and financing, as well as community building and economic development, Holly City Development Corporation plays a vital role in improving the quality of life for the residents of Millville, NJ. By assisting in the redevelopment of center-city Millville, this organization is actively working towards creating a more vibrant and sustainable community for its residents.





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: $76
  • Program Service Revenue: $153,819
  • Gross Receipts: $1,039,071

    • Assets and Liabilities:
  • Total Assets: $1,444,595
  • Total Liabilities: $156,472
  • Net Assets: $1,288,123
  • Programs

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

    MANAGEMENT FEES

    Revenue

    $119,167

    MISCELLANEOUS REVENUE

    Revenue

    $4,648

    RENTAL INCOME

    Revenue

    $30,004

    Organization Details

    Principal Officer

    Paula Ring

    Main Address

    14 E MULBERRY STREET, MILLVILLE, NJ, 08332

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Holly City 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.