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Community Initiatives Development Corporation

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

EIN: 232746544 ✦ Lakewood ranch, FL ✦ Designated as a 501(c)(3)

Overview

What is Community Initiatives Development Corporation?

Community Initiatives Development Corporation (CIDC) is a nonprofit organization that offers consulting services to governmental entities. Their primary objective is to stimulate economic development and create affordable housing opportunities, aiming to alleviate the challenges faced by both governmental entities and nonprofit organizations. By providing these consultancy services, CIDC aims to assist municipalities in aiding their residents, contributing to their overall well-being and development.


Is Community Initiatives Development Corporation legitimate?

Community Initiatives Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Initiatives 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: $295,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


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

Mission Statement of Community Initiatives Development Corporation

Community Initiatives Development Corporation (CIDC) is a nonprofit organization committed to assisting municipalities in aiding their residents. Its mission is to provide consulting services aimed at stimulating economic development and creating opportunities for affordable housing. By offering these services, CIDC aims to alleviate the burdens faced by both governmental entities and nonprofit organizations. In essence, CIDC helps communities thrive by fostering economic growth and ensuring that affordable housing is accessible to all.

Impact

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




Thursday, August 15, 2024

Community Initiatives Development Corporation's impact can be seen in its work with municipalities to help residents by stimulating economic development and creating affordable housing opportunities. By providing consulting services to governmental entities, CIDC is able to lessen the burdens on government and nonprofit organizations in Lakewood Ranch, FL. Through its mission to stimulate economic development and provide affordable housing, CIDC plays a crucial role in improving the lives of residents and the overall community.





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 2022.

  • Investment Income: $2,585
  • Program Service Revenue: $4,222,668
  • Gross Receipts: $8,661,238

    • Assets and Liabilities:
  • Total Assets: $113,442,988
  • Total Liabilities: $98,740,439
  • Net Assets: $14,702,549
  • Programs

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

    Rent Income

    Revenue

    $3,962,824

    Consulting Income

    Revenue

    $221,976

    Project Income

    Revenue

    $37,868

    Organization Details

    Founding Year

    1995

    Principal Officer

    Frances Brandt

    Main Address

    15375 Blue Fish Circle, Lakewood Ranch, FL, 34202

    NTEE Category

    Code: L210 - Housing

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