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St Mary Development Corporation

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

EIN: 311275208 ✦ Dayton, OH ✦ Designated as a 501(c)(3)

Overview

What is St Mary Development Corporation?

St. Mary Development Corporation is a nonprofit organization situated in Dayton, Ohio, specifically at 2160 E Fifth Street. Their primary mission is to improve affordable housing scenarios in southwest Ohio and various other states. They achieve this goal through a multifaceted approach, including real estate development and management, providing resident services, and engaging in community development and fundraising activities. By implementing these strategies, the corporation aims to help aging residents maintain their homes for a longer period, ensuring a sustainable living environment. With a workforce of 28 individuals, St. Mary Development Corporation is dedicated to addressing housing challenges and contributing positively to their community.


Official website here: www.stmarydevelopment.org

Is St Mary Development Corporation legitimate?

St Mary Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Mary 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: $684,268
Professional Fundraising Fees: $0
Other Salaries and Wages: $733,746

For more financial information, click here


Official website here: www.stmarydevelopment.org

What is the mission statement of St Mary Development Corporation?

The St Mary Development Corporation is dedicated to creating sustainable, affordable housing solutions in various states beyond Southwest Ohio. They achieve this goal through real estate development and management, resident services, fundraising, and community development. Specifically, their resident services and fundraising initiatives aim to support aging residents, enabling them to continue living in their homes for an extended period. This organization's mission is centered around providing affordable housing solutions and supporting residents, thereby contributing to the overall improvement of communities.


Official website here: www.stmarydevelopment.org

Who is the CEO of St Mary Development Corporation?

Timothy Bete is the Board Of Directors of St Mary Development Corporation.


Official website here: www.stmarydevelopment.org

What is the revenue of St Mary Development Corporation?

St Mary Development Corporation's revenue in 2022 was $3,928,839.


Official website here: www.stmarydevelopment.org

Who are the executives of St Mary Development Corporation and what are their salaries?

The average compensation at St Mary Development Corporation during 2022 was $50,643. There are 28 employees at St Mary Development Corporation.

Here are 13 key members and their salaries:

    Timothy Bete (President/Treasurer)
  • Compensation: $178,387
  • Related: $0
  • Other: $29,957

    • Wesley Young (Vice President/Secretary)
  • Compensation: $159,382
  • Related: $0
  • Other: $21,767

    • Barbara Prosser (Chief Financial Officer)
  • Compensation: $134,152
  • Related: $0
  • Other: $29,285

    • Natalynne Baker (Vice President/Coo)
  • Compensation: $111,638
  • Related: $0
  • Other: $19,700

    • Mary Crockett (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Williams (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Riegel (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelly Cagle (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Tingle (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristina Lewis (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Austin Rains (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Kukura (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vanessa Ward (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.stmarydevelopment.org

    Where can I find the form 990 for St Mary Development Corporation?

    The St Mary Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.stmarydevelopment.org

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

    Mission Statement of St Mary Development Corporation

    St. Mary Development Corporation is dedicated to creating sustainable, affordable housing solutions in various states beyond Southwest Ohio. This is achieved through strategic real estate development and management, resident services, and fundraising efforts, along with community development initiatives. The corporation's primary mission is to provide aging residents with the necessary services to enable them to continue living in their homes for an extended period. This commitment to community and resident welfare underscores St. Mary Development Corporation's dedication to improving lives and fostering lasting, affordable housing solutions.

    Impact

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




    Thursday, August 15, 2024

    St Mary Development Corporation creates lasting, affordable housing solutions in Southwest Ohio and various states through real estate development and management, resident services and fundraising, and community development. By providing essential services to aging residents, the organization enables them to maintain their homes for a longer period. St Mary Development Corporation's focus on affordable housing helps address a critical need in the community, ensuring that individuals have access to safe and stable housing options. This impact positively influences the lives of residents and contributes to the overall well-being of the 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: $162,853
  • Program Service Revenue: $2,583,450
  • Gross Receipts: $4,027,561

    • Assets and Liabilities:
  • Total Assets: $32,204,723
  • Total Liabilities: $16,146,193
  • Net Assets: $16,058,530
  • Programs

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

    LOW INC DEVELOPER FEES

    Revenue

    $1,360,790

    SENIOR HOUSING

    Revenue

    $479,313

    LOW INC HOUSING MGMT

    Revenue

    $390,310

    OUTREACH SERVICES

    Revenue

    $353,037

    Organization Details

    Founding Year

    1989

    Principal Officer

    Timothy Bete

    Main Address

    2160 E FIFTH STREET, DAYTON, OH, 45403

    NTEE Category

    Code: L20 - Housing

    If you are a representative of St Mary 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.