Titusville Development Corporation

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

EIN: 630964639 ✦ Birmingham, AL ✦ Designated as a 501(c)(3)

Overview

What is Titusville Development Corporation?

Titusville Development Corporation is a nonprofit organization situated in Birmingham, Alabama, specifically at 300 Kappa Avenue South, 35205. Their primary mission is to uplift the community by addressing issues in low-income neighborhoods, offering financial education workshops, and promoting affordable housing opportunities. This includes developing senior citizens' housing and expanding their mission to include homeownership for seniors and families. Their programs encompass health and wellness classes, meals on wheels, a community food pantry, and workshops to educate on financial matters. The organization relies on contributions from corporate and public/government partners to fund their construction and renovation projects, ensuring that the housing remains affordable for the community's senior citizens and families.


Is Titusville Development Corporation legitimate?

Titusville Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Titusville 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: $158,966
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


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

Mission Statement of Titusville Development Corporation

Titusville Development Corporation, as a nonprofit organization, is committed to empowering its community, particularly those residing in low-income neighborhoods. Its mission is multifaceted, encompassing three key areas. Firstly, the corporation aims to eliminate blight in these communities by undertaking necessary renovations and improvements. Secondly, it provides financial education workshops to equip individuals with the knowledge and skills needed to manage their finances effectively. Lastly, Titusville Development Corporation offers affordable housing options, extending its mission to include promoting homeownership opportunities for seniors and families within the community. The organization sources its funding from corporate and public/government partners, utilizing the funds for construction and renovation projects to keep housing costs within affordable ranges.

Impact

This information is meant to be a general summary of Titusville 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 Titusville Development Corporation has a significant impact on the community in Birmingham, Alabama. By focusing on removing blight in low-income neighborhoods, providing financial education workshops, and offering affordable housing options, the organization plays a crucial role in empowering the community. Additionally, the Senior Citizens Programs offered by Titusville Development Corporation, such as health and wellness classes, financial education workshops, meals on wheels, and a community food pantry, greatly benefit the senior population. The organization's commitment to affordable housing development programming, including opportunities for homeownership, contributes to addressing housing needs in the community. Overall, through its various initiatives and services, Titusville Development Corporation positively impacts the lives of residents in Birmingham by promoting community development, financial empowerment, and access to affordable housing options.





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 2021.

  • Investment Income: $127,139
  • Program Service Revenue: $0
  • Gross Receipts: $1,174,399

    • Assets and Liabilities:
  • Total Assets: $2,096,903
  • Total Liabilities: $129,698
  • Net Assets: $1,967,205
  • Organization Details

    Founding Year

    1984

    Principal Officer

    Dr Ronald Bayles

    Main Address

    300 KAPPA AVENUE SOUTH, Birmingham, AL, 35205

    NTEE Category

    Code: L80 - Housing

    If you are a representative of Titusville 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.