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Cleveland County Community Development Corp Inc

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

EIN: 561794362 ✦ Shelby, NC ✦ Designated as a 501(c)(3)

Overview

What is Cleveland County Community Development Corp Inc?

Cleveland County Community Development Corp Inc is a nonprofit organization situated in Shelby, North Carolina, specifically at 823 West Warren Street. The primary mission of this corporation is to develop single-family and multi-family housing that is affordable for individuals and families with low to moderate incomes. In addition to this, they offer support services that are crucial for these income brackets. These services include financial education, credit counseling, mortgage default counseling, and loss mitigation, aiming to help eligible individuals secure home ownership. The organization currently employs a team of five dedicated individuals.


Is Cleveland County Community Development Corp Inc legitimate?

Cleveland County Community Development Corp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cleveland County Community Development Corp 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: $65,625
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,757

For more financial information, click here


What is the mission statement of Cleveland County Community Development Corp Inc?
Who is the CEO of Cleveland County Community Development Corp Inc?
What is the revenue of Cleveland County Community Development Corp Inc?
Who are the executives of Cleveland County Community Development Corp Inc and what are their salaries?
Where can I find the form 990 for Cleveland County Community Development Corp Inc?

Mission Statement of Cleveland County Community Development Corp Inc

Cleveland County Community Development Corp Inc is committed to a mission that involves the development of both single and multi-family affordable housing units. This nonprofit organization aims to cater to individuals and families with low to moderate income levels. Beyond just providing housing, Cleveland County Community Development Corp Inc also focuses on qualifying these income-restricted individuals for home ownership. To support this mission, the corporation offers a variety of services, including credit and budget counseling, financial education, mortgage default counseling, and loss mitigation. These support services are designed to equip low and moderate income individuals with the necessary tools to manage their finances effectively, ultimately making home ownership more attainable.

Impact

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




Saturday, July 20, 2024

Cleveland County Community Development Corp Inc's impact revolves around developing single and multi-family affordable housing for low to moderate-income individuals and families in Shelby, NC. Their mission is to qualify low and moderate-income individuals for homeownership by providing support services such as credit/budget counseling, financial education, mortgage default counseling, and loss mitigation. Their focus on housing helps address the critical need for affordable housing in the community, ultimately improving the quality of life for residents and promoting economic stability.





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: $107,176
  • Program Service Revenue: $76,231
  • Gross Receipts: $883,498

    • Assets and Liabilities:
  • Total Assets: $1,035,508
  • Total Liabilities: $124,064
  • Net Assets: $911,444
  • Programs

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

    Other

    Revenue

    $11,781

    Fees for Services

    Revenue

    $9,450

    Admin fees

    Revenue

    $55,000

    Organization Details

    Founding Year

    1992

    Principal Officer

    Karla Haynes

    Main Address

    823 West Warren Street, Shelby, NC, 28150

    NTEE Category

    Code: L20Z - Housing

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