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City Of Sumter Housing And Economic Development Corporation

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

EIN: 582338582 ✦ Sumter, SC ✦ Designated as a 501(c)(3)

Overview

What is City Of Sumter Housing And Economic Development Corporation?

The City of Sumter Housing and Economic Development Corporation is a nonprofit organization located in Sumter, South Carolina. Their primary mission is to combat community deterioration by engaging in residential and commercial development, revitalization, economic development, and historic preservation efforts. They support and conduct activities aimed at providing housing, fostering economic growth, revitalizing downtown areas, preserving historical sites, and promoting overall community development. The corporation serves as a catalyst for improving the quality of life in Sumter by addressing various aspects of community development.


Is City Of Sumter Housing And Economic Development Corporation legitimate?

City Of Sumter Housing And Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Of Sumter Housing And Economic 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: $0

For more financial information, click here


What is the mission statement of City Of Sumter Housing And Economic Development Corporation?
Who is the CEO of City Of Sumter Housing And Economic Development Corporation?
What is the revenue of City Of Sumter Housing And Economic Development Corporation?
Who are the executives of City Of Sumter Housing And Economic Development Corporation and what are their salaries?
Where can I find the form 990 for City Of Sumter Housing And Economic Development Corporation?

Mission Statement of City Of Sumter Housing And Economic Development Corporation

The City of Sumter Housing and Economic Development Corporation is dedicated to supporting activities that aim to improve housing conditions, stimulate economic growth, revitalize downtown areas, preserve historical sites, and foster community development. This nonprofit organization's mission is multifaceted, focusing on combating community deterioration through residential and commercial development and revitalization, as well as promoting economic development. Furthermore, the Corporation is committed to preserving the city's historical heritage, contributing to the overall well-being and advancement of the community.

Impact

This information is meant to be a general summary of City Of Sumter Housing And Economic 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 City Of Sumter Housing And Economic Development Corporation is significant in combatting community deterioration through residential and commercial development and revitalization, economic development, historic preservation, and downtown revitalization in Sumter, SC. Through their activities, they contribute to the improvement and sustainability of the local community by providing housing opportunities, supporting economic growth, preserving historical landmarks, and enhancing overall community development. Their efforts play a crucial role in enhancing the quality of life for residents and fostering a thriving and vibrant environment in Sumter.





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 2023.

  • Investment Income: $160,474
  • Program Service Revenue: $0
  • Gross Receipts: $2,391,474

    • Assets and Liabilities:
  • Total Assets: $5,656,069
  • Total Liabilities: $123,833
  • Net Assets: $5,532,236
  • Organization Details

    Founding Year

    1997

    Principal Officer

    Deron Mccormick

    Main Address

    POST OFFICE BOX 1449, SUMTER, SC, 29151

    NTEE Category

    Code: L80 - Housing

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