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Central County Community Development Corporation

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

EIN: 650699777 ✦ Fort lauderdale, FL ✦ Designated as a 501(c)(3)

Overview

What is Central County Community Development Corporation?

Central County Community Development Corporation (CCDC) is a nonprofit organization situated in Fort Lauderdale, Florida. Their primary focus is on small business development and loan funding, specifically targeting minority and women-owned enterprises. In the fiscal year 2022-23, they served a total of 1,289 small businesses and entrepreneurs. CCDC aims to catalyze community and economic development revitalization in low-income areas, transforming their physical, social, and economic infrastructures for improved outcomes for residents and businesses. Their principal activities include the sale of inventory lots and financing loans to small business owners in Florida. As of July 2020, CCDC was designated as a Community Development Financial Institution (CDFI) by the Department of Treasury's CDFI Fund.


Is Central County Community Development Corporation legitimate?

Central County Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central County Community 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: $433,719

For more financial information, click here


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

Mission Statement of Central County Community Development Corporation

Central County Community Development Corporation, abbreviated as CCCDC, is committed to catalyzing community and economic development revitalization in low-income neighborhoods. Their mission is to transform the physical, social, and economic infrastructures of these communities, thereby improving the outcomes for both residents and businesses. To accomplish this, CCCDC engages in principal activities such as selling inventory lots and providing financing loans to small business owners.

In line with their mission, CCCDC offers various services to support economic development, particularly for minority and women-owned enterprises. They provide technical assistance and direct loan funding, aiming to stimulate business growth and foster a thriving local economy. CCCDC's dedication to small business development and financing has proven successful, having served over 1,289 small businesses and entrepreneurs in the recent fiscal year. By empowering these businesses, CCCDC contributes to the overall revitalization of the low-income communities they serve.

Impact

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




Saturday, July 20, 2024

Central County Community Development Corporation's impact can be seen in its efforts to catalyze community and economic development revitalization in low-income communities. By transforming physical, social, and economic infrastructures, this organization works towards better outcomes for residents and businesses in Florida. Through its small business development and loan fund, Central County CDC provides technical assistance and direct loan funding to small businesses, with a particular focus on minority and women-owned enterprises. In addition, as a designated Community Development Financial Institution by the Department of Treasury CDFI Fund, Central County CDC served 1,289 small businesses and entrepreneurs in the fiscal year 2022-2023. This demonstrates the organization's commitment to fostering economic growth and stability in underserved communities, making a tangible impact on the local economy and community well-being.





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: $-29,889
  • Program Service Revenue: $0
  • Gross Receipts: $1,296,355

    • Assets and Liabilities:
  • Total Assets: $9,011,450
  • Total Liabilities: $4,809,063
  • Net Assets: $4,202,387
  • Organization Details

    Founding Year

    1993

    Principal Officer

    Germaine Smith-Baugh

    Main Address

    560 NW 27TH AVE, FORT LAUDERDALE, FL, 33311

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Central County Community 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.