Tower Grove Community Development Corporation

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

EIN: 431220525 ✦ Saint louis, MO ✦ Designated as a 501(c)(3)

Overview

What is Tower Grove Community Development Corporation?

Tower Grove Community Development Corporation is a nonprofit organization situated in Saint Louis, Missouri. Its primary mission lies in fostering housing development, specifically in the Saint Louis metropolitan area, which encompasses 15 counties. The organization has a historical focus on certain neighborhoods, such as Saint Louis City, Shaw, Southwest Garden, and Tower Grove South. By attracting and coordinating housing rehabilitation initiatives, the corporation aims to enhance the local housing scene. Additionally, they offer technical assistance, providing counseling and information on home ownership, financing, contractors, and government programs. To promote neighborhoods, they maintain a list of properties for sale or rent, market the area through events and workshops, and improve the quality of life by attracting investments and providing various community services.


Official website here: www.towergrovecdc.org

Is Tower Grove Community Development Corporation legitimate?

Tower Grove Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tower Grove Community 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: $78,182
Professional Fundraising Fees: $0
Other Salaries and Wages: $278,589

For more financial information, click here


Official website here: www.towergrovecdc.org

What is the mission statement of Tower Grove Community Development Corporation?

The Tower Grove Community Development Corporation is dedicated to enhancing housing opportunities within the St. Louis metropolitan region, with a particular focus on St. Louis City and historically significant neighborhoods such as SW Garden, Shaw, and Tower Grove South. Their mission involves attracting and facilitating housing rehabilitation projects, offering technical assistance in home ownership, financing, and contractor selection, and providing information on government programs. Additionally, they maintain a list of properties for sale and rent in the area, promote neighborhood development through marketing events and workshops, and improve the quality of life by attracting public and private investment, offering real estate services, and carrying out various community development initiatives.


Official website here: www.towergrovecdc.org

Who is the CEO of Tower Grove Community Development Corporation?

Janice Drake is the Executive Director of Tower Grove Community Development Corporation.


Official website here: www.towergrovecdc.org

What is the revenue of Tower Grove Community Development Corporation?

Tower Grove Community Development Corporation's revenue in 2022 was $1,347,227.


Official website here: www.towergrovecdc.org

Who are the executives of Tower Grove Community Development Corporation and what are their salaries?

The average compensation at Tower Grove Community Development Corporation during 2022 was $50,967. There are 7 employees and 10 volunteers at Tower Grove Community Development Corporation.

Here are 11 key members and their salaries:

    Sean Spencer (Executive Director)
  • Compensation: $78,182
  • Related: $0
  • Other: $0

    • Janice Drake (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Kempf (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raymond Flojo (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jillian Guenther (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Colleen Hafner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vihar Sheth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Zirngibl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Mcgee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Blake Hamilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.towergrovecdc.org

    Where can I find the form 990 for Tower Grove Community Development Corporation?

    The Tower Grove Community Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.towergrovecdc.org

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

    Mission Statement of Tower Grove Community Development Corporation

    Tower Grove Community Development Corporation, abbreviated as TGCDC, is committed to fostering housing development in the St. Louis metropolitan area, with a particular focus on the cities of St. Louis and historically significant neighborhoods such as SW Garden, Shaw, and Tower Grove South. Their mission extends beyond housing, as they also offer technical assistance to individuals seeking guidance on home ownership, financing, and contractors, among other housing-related services.

    TGCDC plays a significant role in the community by providing counseling and information, acting as a bridge between homeowners and various government programs. They are dedicated to attracting public and private investment to improve the quality of life in these neighborhoods. In addition to housing development, TGCDC offers landlord training services and tenant screening, ensuring that both property owners and renters are well-equipped to navigate the housing market.

    Moreover, TGCDC contributes to community development in various ways. They provide energy conservation services, work on beautification projects, and enhance infrastructure in the Saint Louis Metropolitan area. Their neighborhood marketing efforts, including promoting events and workshops, help to attract individuals to the area and create a sense of community. TGCDC's rental referral service maintains a list of properties for sale and rent, making it easier for potential residents to find suitable homes. Through their comprehensive range of services, TGCDC plays a vital role in improving the housing landscape and the overall quality of life in the St. Louis metropolitan area.

    Impact

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




    Saturday, July 20, 2024

    The Tower Grove Community Development Corporation plays a vital role in promoting and improving the quality of life in the Saint Louis metropolitan area, with a special focus on Saint Louis City and historically significant neighborhoods like Tower Grove South, Shaw, and Southwest Garden. By attracting public and private investment, the organization facilitates housing development and rehabilitation projects aimed at serving low to moderate-income residents. Additionally, they offer essential services such as counseling on home ownership, financing, government programs, and landlord training. Through their efforts, they contribute to the revitalization of neighborhoods and the enhancement of community resources and infrastructure.





    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: $0
  • Program Service Revenue: $884,082
  • Gross Receipts: $1,347,227

    • Assets and Liabilities:
  • Total Assets: $7,427,149
  • Total Liabilities: $3,472,085
  • Net Assets: $3,955,064
  • Programs

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

    Leasing Income

    Revenue

    $641,176

    Application Fee Income

    Revenue

    $242,906

    Organization Details

    Founding Year

    1981

    Principal Officer

    Janice Drake

    Main Address

    2337 S Kingshighway Blvd, Saint Louis, MO, 63110

    NTEE Category

    Code: L20 - Housing

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