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Community Development And Improvement Corporation

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

EIN: 571059658 ✦ Graniteville, SC ✦ Designated as a 501(c)(3)

Overview

What is Community Development And Improvement Corporation?

Community Development and Improvement Corporation is a nonprofit organization situated in Graniteville, South Carolina. Their primary mission is to offer safe, affordable, and clean housing to low-income families. They achieve this through their owned rental properties and the management and ownership of low-income housing tax credit developments. Besides housing, they also extend financial assistance to disadvantaged individuals and businesses through loan programs. Additionally, they provide grant funds for necessary home repairs and development projects for low-income families. The organization aims to improve the living conditions of these families and facilitate economic opportunities for disadvantaged individuals. With a workforce of 21 employees, Community Development and Improvement Corporation is dedicated to uplifting and supporting low-income communities in South Carolina.


Official website here: www.aikenhousing.org

Is Community Development And Improvement Corporation legitimate?

Community Development And Improvement Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Development And Improvement 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: $24,669
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,846

For more financial information, click here


Official website here: www.aikenhousing.org

What is the mission statement of Community Development And Improvement Corporation?

The Community Development and Improvement Corporation's mission is centered around providing aid to low-income families and disadvantaged individuals. They strive to offer safe and affordable housing options for families in need, expanding their reach through managed and owned rental housing and low income housing tax credit developments. Furthermore, they provide loan assistance to individuals and businesses, levelling the economic playing field for those who may otherwise be disadvantaged in lending opportunities. The corporation also offers grant funds for necessary home repairs and development assistance to low-income families, ensuring their dwellings remain secure and livable.


Official website here: www.aikenhousing.org

Who is the CEO of Community Development And Improvement Corporation?

Chanosha Lawton is the President & Ceo of Community Development And Improvement Corporation. The CEO's salary of Community Development And Improvement Corporation is $24,669 and their total compensation is $109,069.


Official website here: www.aikenhousing.org

What is the revenue of Community Development And Improvement Corporation?

Community Development And Improvement Corporation's revenue in 2022 was $1,282,221.


Official website here: www.aikenhousing.org

Who are the executives of Community Development And Improvement Corporation and what are their salaries?

The average compensation at Community Development And Improvement Corporation during 2022 was $6,644. There are 21 employees at Community Development And Improvement Corporation.

Here are 7 key members and their salaries (Community Development And Improvement Corporation's CEO's salary is $24,669 and their total compensation is $109,069):

    Chanosha Lawton (President & Ceo)
  • Compensation: $24,669
  • Related: $84,400
  • Other: $0

    • James Gallman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betty Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Connie Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nathaniel Dicks (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cherell Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.aikenhousing.org

    Where can I find the form 990 for Community Development And Improvement Corporation?

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


    Official website here: www.aikenhousing.org

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

    Mission Statement of Community Development And Improvement Corporation

    Community Development and Improvement Corporation, a nonprofit organization, is committed to addressing the needs of low-income families and disadvantaged individuals and businesses. Its primary mission is twofold: firstly, it strives to provide safe and affordable housing options for low-income families. The corporation does this by owning and managing rental properties as well as overseeing low-income housing tax credit developments across the state of South Carolina. Secondly, the organization offers loan programs to help disadvantaged individuals and businesses secure economic opportunities that they might otherwise miss out on due to limited access to financing. Furthermore, Community Development and Improvement Corporation provides grant funds for necessary home repairs and development assistance to low-income families, aiming to improve their living conditions and overall well-being.

    Impact

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




    Saturday, July 20, 2024

    Community Development And Improvement Corporation's impact is significant in Graniteville, South Carolina, and beyond. Through its efforts, the organization is helping low-income families access safe, clean, and affordable housing. By providing quality rental housing and managing low-income housing tax credit developments, the organization ensures that individuals and families have a stable place to call home.

    Additionally, the Corporation plays a crucial role in economic assistance by administering loans to disadvantaged individuals and businesses. This support enables them to seize economic opportunities and improve their financial stability.

    Furthermore, through the provision of grant funds for home repairs and other development assistance, the Corporation is making a tangible difference in the lives of low-income families. By addressing housing needs and providing financial support, the organization is contributing to the overall well-being and improvement of the community.

    Overall, the impact of the Community Development And Improvement Corporation is felt through its dedication to providing housing solutions and economic assistance to those in need, ultimately working towards creating a more vibrant and resilient 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: $112,111
  • Program Service Revenue: $1,120,492
  • Gross Receipts: $1,387,110

    • Assets and Liabilities:
  • Total Assets: $5,224,738
  • Total Liabilities: $8,377,909
  • Net Assets: -$3,153,171
  • Programs

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

    Interest Income

    Revenue

    $161,866

    Loan Revenue and Forgiven

    Revenue

    $352,489

    Property Management Fee

    Revenue

    $134,047

    Real Estate Commission

    Revenue

    $47,228

    Rental Income

    Revenue

    $419,905

    Organization Details

    Founding Year

    1996

    Principal Officer

    Chanosha Lawton

    Main Address

    PO Box 90, Graniteville, SC, 29829

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Community Development And Improvement Corporation 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.