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Macon Ridge Community Development Corp

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

EIN: 721332049 ✦ Ferriday, LA ✦ Designated as a 501(c)(3)

Overview

What is Macon Ridge Community Development Corp?

Macon Ridge Community Development Corp is a nonprofit organization situated in Ferriday, Louisiana. With a team of seven dedicated individuals, their primary mission is to develop and manage housing for individuals with low to moderate income residing in the northeast Louisiana area. This nonprofit organization operates under the philosophy of contributing to the community by providing affordable housing solutions. They specialize in low income housing developments, striving to ensure that every individual in the region has access to suitable living conditions.


Is Macon Ridge Community Development Corp legitimate?

Macon Ridge Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Macon Ridge Community Development Corp 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: $124,159

For more financial information, click here


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

Mission Statement of Macon Ridge Community Development Corp

Macon Ridge Community Development Corp, a notable organization, is dedicated to developing and managing housing options for individuals with moderate to low income residing in the northeast Louisiana area. Their mission is to provide a suitable living space for this demographic, ensuring they have access to secure and comfortable homes. By operating low-income housing developments, Macon Ridge Community Development Corp plays a critical role in addressing housing needs within the specified region.

Impact

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




Wednesday, July 24, 2024

Macon Ridge Community Development Corp's impact lies in providing affordable housing solutions for low to moderate-income individuals in Northeast Louisiana. By developing and managing housing developments in the area, this organization directly addresses the pressing need for accessible housing options for vulnerable populations. Through their dedicated efforts, Macon Ridge Community Development Corp not only enhances the quality of life for residents but also contributes towards the overall socioeconomic development of 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 2023.

  • Investment Income: $445
  • Program Service Revenue: $259,821
  • Gross Receipts: $469,685

    • Assets and Liabilities:
  • Total Assets: $2,966,608
  • Total Liabilities: $3,271,909
  • Net Assets: -$305,301
  • Programs

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

    MANAGEMENT FEES

    Revenue

    $30,498

    OTHER REAL ESTATE

    Revenue

    $15,355

    RENTAL INCOME

    Revenue

    $213,968

    Organization Details

    Principal Officer

    Debra Walker

    Main Address

    PO BOX 1793, FERRIDAY, LA, 71334

    NTEE Category

    Code: L80 - Housing

    If you are a representative of Macon Ridge Community Development Corp 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.