Sea Island Community Development Fund Inc

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

EIN: 570632393 ✦ Johns island, SC ✦ Designated as a 501(c)(3)

Overview

What is Sea Island Community Development Fund Inc?

Sea Island Community Development Fund Inc is a nonprofit organization situated in Johns Island, South Carolina. Their primary focus is on managing an 88-unit subsidized housing project, regulated by the Housing and Urban Development Agency. This project is specifically designed for senior adults and individuals with special needs, catering to those with low income levels. The organization's mission is to provide suitable housing for this demographic, operating an 88-unit HUD apartment complex, which was authorized under Section 202 of the National Housing Act. The Sea Island Community Development Fund Inc also facilitates programs tailored to the needs of their residents, enhancing their living conditions and overall wellbeing.


Is Sea Island Community Development Fund Inc legitimate?

Sea Island Community Development Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sea Island Community Development Fund 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: $0

For more financial information, click here


What is the mission statement of Sea Island Community Development Fund Inc?
Who is the CEO of Sea Island Community Development Fund Inc?
What is the revenue of Sea Island Community Development Fund Inc?
Who are the executives of Sea Island Community Development Fund Inc and what are their salaries?


Where can I find the form 990 for Sea Island Community Development Fund Inc?

Mission Statement of Sea Island Community Development Fund Inc

Sea Island Community Development Fund Inc, as a nonprofit organization, is dedicated to providing housing solutions for senior adults and individuals with disabilities who have low income levels. Their mission is centered around operating an 88-unit housing project, which is regulated by the Housing and Urban Development (HUD) agency. This project was authorized under Section 202 of the National Housing Act, specifically designed for the elderly of the National Affordable Housing Act. The organization's primary goal is to facilitate programs that cater to the needs of these vulnerable groups, ensuring they have access to safe and affordable living spaces.

Impact

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




Saturday, July 20, 2024

Sea Island Community Development Fund Inc's impact is evident in its provision of housing for senior adults and persons with disabilities through an 88-unit subsidized apartment complex. This initiative, authorized by the Housing and Urban Development Agency, caters to individuals with low incomes, facilitating programs specially designed for the elderly and those with special needs. By offering affordable housing options and support services, the organization contributes significantly to enhancing the quality of life for vulnerable populations in Johns Island, SC.





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 2020.

  • Investment Income: $0
  • Program Service Revenue: $822,076
  • Gross Receipts: $822,076

    • Assets and Liabilities:
  • Total Assets: $1,901,916
  • Total Liabilities: $1,213,921
  • Net Assets: $687,995
  • Programs

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

    RENTAL INCOME

    Revenue

    $785,730

    OTHER REVENUE

    Revenue

    $36,346

    Organization Details

    Founding Year

    1974

    Principal Officer

    Leon Burton

    Main Address

    PO BOX 689, JOHNS ISLAND, SC, 29457

    NTEE Category

    Code: L21 - Housing

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