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Historic District Development Corporation

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

EIN: 581447368 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Historic District Development Corporation?

The Historic District Development Corporation, established in Atlanta, Georgia, in 1980, is a community-focused nonprofit organization. Its primary objective is to strengthen neighborhood involvement by preserving the historic character of the Martin Luther King Jr. Historic District. This includes preserving existing structures, developing new housing opportunities, and beautifying the physical environment. The organization also creates job, business, and shopping opportunities to revitalize the area. Funding for its operations comes from fees, rents, sales, and partnership interests. Furthermore, the Historic District Development Corporation has been instrumental in organizing affordable housing projects through various corporations and limited partnerships/limited liability companies. With a dedicated workforce of five individuals, the organization is committed to preserving and revitalizing historic communities in Georgia.


Official website here: www.hddc.org

Is Historic District Development Corporation legitimate?

Historic District Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Historic District 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: $154,160
Professional Fundraising Fees: $0
Other Salaries and Wages: $190,254

For more financial information, click here


Official website here: www.hddc.org

What is the mission statement of Historic District Development Corporation?

The Historic District Development Corporation, established in 1980, operates as a community-based nonprofit with a mission to facilitate the preservation and revitalization of the Martin Luther King Jr. National Historic District and other historic/preservation communities. Their primary objective is to develop plans for preserving existing structures, provide new housing opportunities, beautify the physical environment, and maintain the historic character of the area, all while preventing displacement of residents. Furthermore, they aim to create job, business, and shopping opportunities in these districts. The organization primarily funds its operations through fees, rents, sales of homes and land, and distributions from its partnership interests. They additionally organize affordable housing projects through various corporations and limited partnership/limited liability companies.


Official website here: www.hddc.org

Who is the CEO of Historic District Development Corporation?

Chenee Joseph is the Executive Director of Historic District Development Corporation.


Official website here: www.hddc.org

What is the revenue of Historic District Development Corporation?

Historic District Development Corporation's revenue in 2022 was $5,196,919.


Official website here: www.hddc.org

Who are the executives of Historic District Development Corporation and what are their salaries?

The average compensation at Historic District Development Corporation during 2022 was $68,883. There are 5 employees and 7 volunteers at Historic District Development Corporation.

Here are 9 key members and their salaries:

    Chenee Joseph (Executive Director)
  • Compensation: $154,160
  • Related: $0
  • Other: $0

    • Ron P Kirkpatrick (Real Estate Manager)
  • Compensation: $105,625
  • Related: $0
  • Other: $0

    • Leronne Riddick-Seals (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Constance Barkley-Lewis (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyna Jackson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melanie Jablonski (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Economy Jackson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julia Neighbors (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Calinda Lee (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hddc.org

    Where can I find the form 990 for Historic District Development Corporation?

    The Historic District Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hddc.org

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

    Mission Statement of Historic District Development Corporation

    The Historic District Development Corporation, established in December 1980, is a community-based nonprofit with a mission to facilitate the preservation and revitalization of the Martin Luther King Jr. National Historic District and other historic/preservation communities. This organization operates with the goal of strengthening neighborhood involvement, preserving existing structures, and providing new housing opportunities while preventing displacement of residents. Furthermore, it aims to enhance the physical environment while preserving the historic character of the area, ultimately creating job, business, and shopping opportunities. The Historic District Development Corporation primarily funds its operations through various sources such as fees, rents, sales of homes and land, and distributions from its partnership interests. Additionally, it organizes affordable housing projects through various corporations and limited partnership/limited liability companies, offering low-income housing rental and tenant support services.

    Impact

    This information is meant to be a general summary of Historic District 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 impact of the Historic District Development Corporation can be seen through its efforts in strengthening the involvement of neighborhood citizens, developing plans for the Martin Luther King, Jr. Historic District, preserving existing housing and structures, providing new housing opportunities, beautifying the physical environment, and creating job and business opportunities. By focusing on affordable housing projects and supporting low-income tenants, the organization plays a crucial role in facilitating the preservation and revitalization of historic and preservation communities in Atlanta, Georgia.





    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: $1,383,248
  • Program Service Revenue: $617,801
  • Gross Receipts: $5,196,919

    • Assets and Liabilities:
  • Total Assets: $29,856,749
  • Total Liabilities: $23,002,457
  • Net Assets: $6,854,292
  • Programs

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

    RENTAL INCOME

    Revenue

    $299,908

    NMTC - INTEREST INCOME

    Revenue

    $164,297

    INCOME FROM NON-CONTROLLING INTER

    Revenue

    $153,596

    Organization Details

    Founding Year

    1980

    Principal Officer

    Chenee Joseph

    Main Address

    522 AUBURN AVENUE NE, ATLANTA, GA, 30312

    NTEE Category

    Code: L200 - Housing

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