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Excel Development Company Inc

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

EIN: 311240715 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

Overview

What is Excel Development Company Inc?

Excel Development Company Inc, based in Cincinnati, Ohio, is a nonprofit organization committed to supporting individuals with severe mental illnesses and their families. Through two permanent supportive housing programs, they offer rental subsidies and housing assistance to over 1,100 clients, enabling them to reside independently in suitable living situations. The company's mission is to provide affordable housing that meets the residential needs of qualified individuals, ensuring their well-being and independence. With a team of 34 employees, Excel Development Company Inc plays an essential role in improving the lives of those in need.


Official website here: www.exceldev.org

Is Excel Development Company Inc legitimate?

Excel Development Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Excel Development Company Inc 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: $462,989
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,648,093

For more financial information, click here


Official website here: www.exceldev.org

What is the mission statement of Excel Development Company Inc?

Excel Development Company Inc's mission is centered around providing affordable housing that caters to the residential needs of qualified individuals. This organization supports individuals with severe mental illness and their families, offering rental subsidies and housing assistance in over 1,100 apartments. Through two different permanent supportive housing programs, Excel Development Company Inc helps their clients secure and maintain suitable independent living situations, providing necessary support to facilitate their independence.


Official website here: www.exceldev.org

Who is the CEO of Excel Development Company Inc?

Deborah Avery is the Chairperson of Excel Development Company Inc. The CEO's salary of Excel Development Company Inc is $158,725 and their total compensation is $158,725.


Official website here: www.exceldev.org

What is the revenue of Excel Development Company Inc?

Excel Development Company Inc's revenue in 2022 was $9,197,757.


Official website here: www.exceldev.org

Who are the executives of Excel Development Company Inc and what are their salaries?

The average compensation at Excel Development Company Inc during 2022 was $62,091. There are 34 employees and 9 volunteers at Excel Development Company Inc.

Here are 12 key members and their salaries (Excel Development Company Inc's CEO's salary is $158,725 and their total compensation is $158,725):

    Kevin Cooley (Ceo)
  • Compensation: $158,725
  • Related: $0
  • Other: $0

    • Deborah Avery (Cfo)
  • Compensation: $153,013
  • Related: $0
  • Other: $0

    • Connie Jones (Coo)
  • Compensation: $151,251
  • Related: $0
  • Other: $0

    • Susan M Argo (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anita G Kuppin (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin L Ackerman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Frank Jr (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Wassermann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trena Goodwin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trina Turner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Web Brewer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zamaris Geleszinski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.exceldev.org

    Where can I find the form 990 for Excel Development Company Inc?

    The Excel Development Company Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.exceldev.org

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

    Mission Statement of Excel Development Company Inc

    Excel Development Company Inc, a dedicated organization, is committed to fulfilling the residential needs of qualified individuals in an affordable manner. At its core, the mission of this nonprofit is to provide housing solutions that cater to the unique requirements of its clients, ensuring their accommodation needs are met satisfactorily. Through its strategic initiatives, Excel Development Company Inc offers rental subsidies and housing support in two distinct permanent supportive housing programs. These programs aim to provide the necessary assistance for clients to secure and maintain suitable independent living situations. By offering this vital support, the organization plays a significant role in helping individuals and their families navigate their daily lives, ultimately contributing to their overall well-being and independence.

    Impact

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




    Thursday, August 15, 2024

    Excel Development Company Inc's impact is profound as it supports severely mentally ill individuals and their families by providing over 1,100 apartments with rental subsidies and housing support. By offering necessary assistance for their clients to secure and maintain suitable independent living situations, Excel Development Company Inc plays a crucial role in addressing housing needs for this vulnerable population in Cincinnati, OH. Their mission to provide qualified individuals with affordable housing not only meets residential needs but also contributes to enhancing the quality of life and overall well-being of those they serve.





    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: $92,134
  • Program Service Revenue: $2,398,924
  • Gross Receipts: $10,123,336

    • Assets and Liabilities:
  • Total Assets: $13,448,858
  • Total Liabilities: $2,619,094
  • Net Assets: $10,829,764
  • Programs

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

    RENTAL INCOME

    Revenue

    $2,361,856

    PROPERTY MANAGEMENT FE

    Revenue

    $37,068

    Organization Details

    Founding Year

    1988

    Principal Officer

    Deborah Avery

    Main Address

    2403 AUBURN AVE, CINCINNATI, OH, 45219

    NTEE Category

    Code: L200 - Housing

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