Community Revitalization And Preservation Corporation

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

EIN: 581707107 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

Overview

What is Community Revitalization And Preservation Corporation?

The Community Revitalization And Preservation Corporation is a not-for-profit organization situated in Raleigh, North Carolina. Their primary mission is to construct, advocate for, and maintain affordable housing options for individuals with low and moderate incomes. They are focused on ensuring that these essential living spaces are readily available, thereby contributing positively to their community.


Is Community Revitalization And Preservation Corporation legitimate?

Community Revitalization And Preservation Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Revitalization And Preservation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,261,452

For more financial information, click here


What is the mission statement of Community Revitalization And Preservation Corporation?
Who is the CEO of Community Revitalization And Preservation Corporation?
What is the revenue of Community Revitalization And Preservation Corporation?
Who are the executives of Community Revitalization And Preservation Corporation and what are their salaries?
Where can I find the form 990 for Community Revitalization And Preservation Corporation?

Mission Statement of Community Revitalization And Preservation Corporation

Community Revitalization and Preservation Corporation, often referred to as CRPC, is dedicated to a significant mission. This mission involves constructing, advocating for, and safeguarding affordable housing options for individuals with modest and low incomes. By fulfilling this mission, CRPC contributes significantly to ensuring that a diverse range of people can afford a decent place to live, which is a fundamental human right.

In essence, CRPC serves as a beacon of hope for those who may struggle to afford housing in their communities. By building new affordable housing units, CRPC expands the available options for individuals and families who might otherwise be priced out of the housing market. Moreover, CRPC's commitment to preserving existing affordable housing ensures that these vital resources remain accessible for generations to come.

Throughout their work, CRPC promotes the importance of affordable housing and its role in strengthening communities. By doing so, CRPC helps to create more equitable living environments, where individuals and families can thrive regardless of their income level. In this way, CRPC plays a vital role in fostering a more inclusive and just society, where everyone has the opportunity to live with dignity and security.

Impact

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




Saturday, July 20, 2024

Community Revitalization And Preservation Corporation's impact is significant in the city of Raleigh, NC. They work diligently to build, promote, and preserve affordable housing for low and moderate-income individuals. Through their efforts, they are helping to address the housing needs of vulnerable populations, ensuring that they have access to safe and stable housing options. By focusing on affordable housing, the organization is contributing to the overall well-being and quality of life for individuals and families in the community. Their work plays a crucial role in promoting equitable access to housing and fostering a more inclusive and sustainable city for all residents.





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: $1,655,920
  • Program Service Revenue: $7,940,905
  • Gross Receipts: $13,508,639

    • Assets and Liabilities:
  • Total Assets: $49,451,333
  • Total Liabilities: $47,533,717
  • Net Assets: $1,917,616
  • Programs

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

    RENTAL INCOME

    Revenue

    $7,940,905

    Organization Details

    Founding Year

    1985

    Principal Officer

    Yolanda Winstead

    Main Address

    PO BOX 2185, RALEIGH, NC, 27602

    NTEE Category

    Code: L25 - Housing

    If you are a representative of Community Revitalization And Preservation 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.