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Charleston Redevelopment Corporation

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

EIN: 273715681 ✦ Charleston, SC ✦ Designated as a 501(c)(3)

Overview

What is Charleston Redevelopment Corporation?

The Charleston Redevelopment Corporation (CRC) is a distinguished nonprofit organization headquartered in Charleston, South Carolina. Originally established by the City of Charleston, the Historic Charleston Foundation, and the Charleston Housing Authority, its primary focus is on promoting affordable housing development and preservation in the Charleston area. The CRC secures funding at both local, state, and national levels to ensure long-term housing affordability. An integral part of the CRC is the Palmetto Community Land Trust, which safeguards land for future generations, ensuring its affordability and accessibility. As a private, 501C3 nonprofit, the CRC is governed by a volunteer board of directors and is dedicated to facilitating neighborhood revitalization, affordable housing construction, preservation, and economic development in Charleston County.


Official website here: www.palmettoclt.org

Is Charleston Redevelopment Corporation legitimate?

Charleston Redevelopment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charleston Redevelopment 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: $79,920
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,948

For more financial information, click here


Official website here: www.palmettoclt.org

What is the mission statement of Charleston Redevelopment Corporation?

The Charleston Redevelopment Corporation's mission is to facilitate, develop, and advocate for neighborhood revitalization, affordable housing construction, preservation, and economic development. This non-profit organization aims to improve living conditions and promote economic growth in the community, focusing on the development and preservation of affordable housing. The corporation also operates the Palmetto Community Land Trust, a program that secures land in long-term trust protection to ensure affordability and accessibility for future generations. The Charleston Redevelopment Corporation secures funding for long-term housing affordability at the local, state, and national levels, contributing to the betterment of its community.


Official website here: www.palmettoclt.org

Who is the CEO of Charleston Redevelopment Corporation?

Mr Eli Poliakoff Esq is the President of Charleston Redevelopment Corporation.


Official website here: www.palmettoclt.org

What is the revenue of Charleston Redevelopment Corporation?

Charleston Redevelopment Corporation's revenue in 2022 was $6,079,133.


Official website here: www.palmettoclt.org

Who are the executives of Charleston Redevelopment Corporation and what are their salaries?

The average compensation at Charleston Redevelopment Corporation during 2022 was $145,868. There are 1 employees and 12 volunteers at Charleston Redevelopment Corporation.

Here are 13 key members and their salaries:

    F A Johnson Ii Esq (Executive Di)
  • Compensation: $79,920
  • Related: $0
  • Other: $9,000

    • Mr Eli Poliakoff Esq (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Geona Shaw-Johnson (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Cheryl F Ferraro Cpa (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Diane Hamilton (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Carol Jackson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Otha Meadows (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Theron Snype (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Kevin Holinshed (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms April J Wood (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Latonya Gamble (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Jonathan Oakman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Gregory Voigt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.palmettoclt.org

    Where can I find the form 990 for Charleston Redevelopment Corporation?

    The Charleston Redevelopment Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.palmettoclt.org

    Learn more at the official website: www.palmettoclt.org

    Mission Statement of Charleston Redevelopment Corporation

    The Charleston Redevelopment Corporation, a non-profit organization, is dedicated to facilitating, developing, and advocating for neighborhood revitalization, affordable housing construction, preservation, and economic development in Charleston County. This mission is centered around enhancing the living conditions and opportunities for residents in the area, with a particular focus on affordable housing.

    The corporation plays a significant role in the development and preservation of affordable housing in the Charleston area. It helps secure local, state, and national funding for long-term housing affordability, ensuring that suitable housing remains accessible for future generations. As part of its efforts, the Charleston Redevelopment Corporation houses the Palmetto Community Land Trust. This program places land in long-term trust protection, safeguarding affordability and accessibility for future generations.

    In summary, the Charleston Redevelopment Corporation is an integral part of the community, working tirelessly to improve living conditions by promoting neighborhood revitalization, affordable housing construction, and preservation. By securing funding and implementing programs like the Palmetto Community Land Trust, the corporation contributes to a more affordable and sustainable housing landscape in Charleston County.

    Impact

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




    Thursday, August 15, 2024

    Charleston Redevelopment Corporation's impact is significant in the realm of neighborhood revitalization, affordable housing construction, preservation, and economic development in Charleston County. Through its focused efforts, the CRC plays a crucial role in facilitating the development and preservation of affordable housing in the Charleston area. It works diligently to secure funding at local, state, and national levels to ensure long-term housing affordability for the community.

    Furthermore, as part of its mission, the CRC oversees the Palmetto Community Land Trust program, which safeguards land through long-term trust protection to guarantee affordability and accessibility for future generations. By implementing these initiatives, the CRC contributes to the overall improvement of community living standards and economic opportunities in Charleston County.





    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: $209
  • Program Service Revenue: $1,324,321
  • Gross Receipts: $6,079,133

    • Assets and Liabilities:
  • Total Assets: $17,732,982
  • Total Liabilities: $6,937,511
  • Net Assets: $10,795,471
  • Programs

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

    RENTAL INCOME

    Revenue

    $701,029

    HOME SALES

    Revenue

    $507,000

    ADMINISTRATION FEES

    Revenue

    $116,292

    Organization Details

    Founding Year

    2012

    Principal Officer

    Mr Eli Poliakoff Esq

    Main Address

    75 CALHOUN STREET SUITE 3200, CHARLESTON, SC, 29401

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Charleston Redevelopment 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.