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Kingdom Development Inc

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

EIN: 320483333 ✦ Riverside, CA ✦ Designated as a 501(c)(3)

Overview

What is Kingdom Development Inc?

Kingdom Development Inc, headquartered in Riverside, California, is a dedicated nonprofit organization. Their primary mission is to enhance the well-being of low-income households by developing affordable housing opportunities. By fostering this type of housing, they aim to contribute significantly to the improvement of living conditions for those in need. The organization's activities are centered around this mission, striving to make a positive impact in its community.


Official website here: www.kingdomdevelopment.net

Is Kingdom Development Inc legitimate?

Kingdom Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kingdom Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,586,349

For more financial information, click here


Official website here: www.kingdomdevelopment.net

What is the mission statement of Kingdom Development Inc?

Kingdom Development Inc's mission is centered around enhancing the livelihoods of low-income households. They achieve this goal by focusing on the development of affordable housing. By providing such housing, the organization aims to assist individuals in need, helping them improve their welfare and living conditions. Their activities primarily involve fostering low-income and senior housing, serving as a catalyst for improved living standards within these communities.


Official website here: www.kingdomdevelopment.net

Who is the CEO of Kingdom Development Inc?

William Leach is the Chairperson of Kingdom Development Inc.


Official website here: www.kingdomdevelopment.net

What is the revenue of Kingdom Development Inc?

Kingdom Development Inc's revenue in 2022 was $11,841,838.


Official website here: www.kingdomdevelopment.net

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

Here are 10 key members and their salaries:

    William Leach (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Leach (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Rowland (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keven Petty (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bernard Shukoski (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tawana Agullar (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Martin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Paredes (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grant Stephens (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russel Leach (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.kingdomdevelopment.net

    Where can I find the form 990 for Kingdom Development Inc?

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


    Official website here: www.kingdomdevelopment.net

    Learn more at the official website: www.kingdomdevelopment.net

    Mission Statement of Kingdom Development Inc

    Kingdom Development Inc, as a mission-driven organization, aims to enhance the living conditions and welfare of low-income households. Their primary objective is to develop affordable housing, serving as a beacon of hope for those in need. By fostering low-income and senior housing, Kingdom Development Inc seeks to assist individuals in improving their daily lives and overall well-being. Their activities are geared towards uplifting communities and ensuring that everyone has access to a decent place to call home.

    Impact

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




    Thursday, August 15, 2024

    Kingdom Development Inc positively impacts low-income households in Riverside, CA by developing affordable housing options. Through their efforts, they assist individuals in need to improve their welfare and living conditions by providing low-income and senior housing solutions. Their mission is dedicated to enhancing the welfare of low-income households through the development of affordable housing, ultimately contributing to the overall well-being and stability 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: $393,305
  • Program Service Revenue: $10,679,944
  • Gross Receipts: $11,841,838

    • Assets and Liabilities:
  • Total Assets: $132,175,601
  • Total Liabilities: $132,782,494
  • Net Assets: -$606,893
  • Programs

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

    RENTAL INCOME

    Revenue

    $4,902,711

    DEVELOPMENT FEES

    Revenue

    $3,847,655

    TENANT CHARGES

    Revenue

    $971,201

    FINANCIAL ADVISORY SERVICES

    Revenue

    $740,000

    PARTNERSHIP FEES

    Revenue

    $165,877

    Organization Details

    Founding Year

    2015

    Principal Officer

    William Leach

    Main Address

    6451 BOX SPRINGS BLVD, RIVERSIDE, CA, 92507

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Kingdom Development Inc 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.