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Dreamkey Partners Inc

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

EIN: 561620516 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

Overview

What is Dreamkey Partners Inc?

Dreamkey Partners Inc, a North Carolina-based nonprofit founded in 1988, is dedicated to expanding affordable and well-maintained housing for low and moderate income families and fostering stable neighborhoods. Their mission encompasses revitalizing inner-city areas, managing affordable rental properties, and offering homeownership opportunities. As a Community Based Development Organization (CBDO) recognized by Charlotte, Dreamkey Partners, Inc. continues to prioritize the economic advancement of its occupants. With a team of 54 employees, this nonprofit corporation aims to provide housing solutions for families in need.


Is Dreamkey Partners Inc legitimate?

Dreamkey Partners Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dreamkey Partners 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: $5,524,798

For more financial information, click here


What is the mission statement of Dreamkey Partners Inc?
Who is the CEO of Dreamkey Partners Inc?
What is the revenue of Dreamkey Partners Inc?
Who are the executives of Dreamkey Partners Inc and what are their salaries?

The average compensation at Dreamkey Partners Inc during 2022 was $102,311. There are 54 employees at Dreamkey Partners Inc.

Here are 29 key members and their salaries:


Where can I find the form 990 for Dreamkey Partners Inc?

Mission Statement of Dreamkey Partners Inc

Dreamkey Partners, Inc., a North Carolina-based nonprofit housing development and finance corporation, was established in 1988 with the mission to expand affordable and well-maintained housing and promote stable neighborhoods for low and moderate income families. The organization's primary objective is to help these families more fully enter the economic mainstream.

To fulfill its mission, Dreamkey Partners, Inc. has adopted several strategies. It focuses on revitalizing targeted inner city neighborhoods, developing and managing affordable rental properties, and providing homeownership opportunities. By doing so, the organization aims to not only provide shelter but also contribute to the overall improvement of the communities it serves. Dreamkey Partners, Inc. is recognized as a Community Based Development Organization (CBDO) by the City of Charlotte.

Impact

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




Thursday, August 15, 2024

Dreamkey Partners Inc plays a crucial role in providing housing opportunities to low and moderate-income families. By focusing on expanding affordable and well-maintained housing options, Dreamkey Partners Inc contributes to the promotion of stable neighborhoods and supports the economic empowerment of its occupants. The organization's strategies include revitalizing targeted inner-city neighborhoods, developing and managing affordable rental properties, and facilitating homeownership opportunities. Through its designation as a Community Based Development Organization (CBDO) in Charlotte, North Carolina, Dreamkey Partners Inc demonstrates a commitment to addressing housing challenges and improving the quality of life for individuals and families in need.





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: $17,292,586
  • Gross Receipts: $92,529,493

    • Assets and Liabilities:
  • Total Assets: $135,173,149
  • Total Liabilities: $105,889,499
  • Net Assets: $29,283,650
  • Programs

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

    RENTAL INCOME

    Revenue

    $10,069,047

    OTHER INCOME

    Revenue

    $5,494,992

    DEVELOPER FEE

    Revenue

    $1,258,088

    COUNSELING & EDUCATION

    Revenue

    $387,817

    INTEREST INCOME

    Revenue

    $82,142

    Organization Details

    Founding Year

    1988

    Principal Officer

    Julie A Porter

    Main Address

    4601 CHARLOTTE PARK DRIVE STE 350, CHARLOTTE, NC, 28217

    NTEE Category

    Code: L80 - Housing

    If you are a representative of Dreamkey Partners 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.