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Urban Residential Development Corporation

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

EIN: 581766166 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Urban Residential Development Corporation?

Urban Residential Development Corporation is a nonprofit organization based in Atlanta, Georgia, specifically located at 72 Soloman Street Ste 100, GA 30312. Their primary mission is to provide affordable housing and rental assistance to low-income recipients, ensuring that approximately 150 individuals have access to suitable living conditions. With a small team of four dedicated employees, this corporation plays a crucial role in addressing housing needs within their community.


Is Urban Residential Development Corporation legitimate?

Urban Residential Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Residential 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $142,367

For more financial information, click here


What is the mission statement of Urban Residential Development Corporation?
Who is the CEO of Urban Residential Development Corporation?
What is the revenue of Urban Residential Development Corporation?
Who are the executives of Urban Residential Development Corporation and what are their salaries?
Where can I find the form 990 for Urban Residential Development Corporation?

Mission Statement of Urban Residential Development Corporation

Urban Residential Development Corporation, as its name suggests, is committed to providing affordable housing solutions for low-income individuals. Its mission lies in offering rental assistance to this specific demographic, aiming to house approximately 150 recipients. The corporation focuses on making housing accessible and affordable, thereby contributing to the well-being of its residents. By providing low-income housing, Urban Residential Development Corporation plays a significant role in addressing housing inequality and ensuring that individuals and families in need have a roof over their heads. The corporation's mission is essential in fostering a sense of stability and security within the community, ultimately contributing to overall well-being and quality of life.

Impact

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




Wednesday, July 24, 2024

Urban Residential Development Corporation's impact is significant in providing affordable housing and rental assistance to low-income recipients in Atlanta, Georgia. They have been able to offer low-income housing to approximately 150 recipients, making a tangible difference in the lives of individuals and families struggling to secure adequate housing. Their commitment to their mission of providing low-income housing underscores the importance of their work in addressing housing needs within the 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 2020.

  • Investment Income: $1
  • Program Service Revenue: $541,217
  • Gross Receipts: $602,574

    • Assets and Liabilities:
  • Total Assets: $3,212,814
  • Total Liabilities: $4,769,535
  • Net Assets: -$1,556,721
  • Programs

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

    CITY SUBSIDY

    Revenue

    $368,954

    TENANT RENTAL INCOME

    Revenue

    $103,748

    SHELTER PLUS CARE

    Revenue

    $43,715

    RENT SUBSIDY SHEL PLUS

    Revenue

    $17,600

    RENTAL HOUSING INCOME

    Revenue

    $7,200

    Organization Details

    Founding Year

    1987

    Principal Officer

    Dustin Reed

    Main Address

    72 SOLOMAN STREET Ste 100, Atlanta, GA, 30312

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Urban Residential Development 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.