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Development Corporation Of Tarrant County Inc

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

EIN: 752791607 ✦ Fort worth, TX ✦ Designated as a 501(c)(3)

Overview

What is Development Corporation Of Tarrant County Inc?

Development Corporation of Tarrant County Inc is a nonprofit organization based in Fort Worth, Texas, located at 1509-B S UNIVERSITY DR 208. Their primary mission is to promote and facilitate community and economic development within the Tarrant County region. They achieve this by connecting local government, public financing institutions, private lenders, and nonprofit organizations involved in community-based projects. Their activities primarily focus on the development of multi-family and single-family housing, acting as a catalyst to foster holistic growth in the community.


Is Development Corporation Of Tarrant County Inc legitimate?

Development Corporation Of Tarrant County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Development Corporation Of Tarrant County Inc 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: $130,991
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,841

For more financial information, click here


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

Mission Statement of Development Corporation Of Tarrant County Inc

Development Corporation of Tarrant County Inc serves as a catalyst, promoting a holistic approach to community and economic development within its geographic region. It accomplishes this by acting as a bridge between local government, public financing institutions, private lenders, and nonprofit organizations engaged in community-based projects. By connecting these entities, the corporation plays a crucial role in facilitating the development of multi-family and single-family housing projects. This mission is focused on fostering sustainable growth and improvement within the community, ultimately contributing to its overall well-being.

Impact

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




Saturday, July 20, 2024

Development Corporation Of Tarrant County Inc acts as a catalyst for a holistic approach to community and economic development within the Tarrant County geographic region. This organization plays a crucial role by providing a link between local government, public financing institutions, private lenders, and organizations undertaking community-based projects. Their activities primarily focus on the development of multi-family and single-family housing, as well as the seeking and development of real estate in the region. Through their work, Development Corporation Of Tarrant County Inc significantly impacts the local community by addressing housing needs and promoting economic growth in Fort Worth, TX.





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 2022.

  • Investment Income: $3,778,730
  • Program Service Revenue: $1,073,754
  • Gross Receipts: $7,636,379

    • Assets and Liabilities:
  • Total Assets: $10,640,467
  • Total Liabilities: $279,070
  • Net Assets: $10,361,397
  • Programs

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

    RENTAL INCOME

    Revenue

    $609,568

    DEVELOPER FEES

    Revenue

    $364,216

    ASSET MANAGEMENT FEES

    Revenue

    $92,068

    GENERAL CONTRACT MANAGEMENT AND O

    Revenue

    $7,902

    Organization Details

    Founding Year

    1998

    Principal Officer

    Charlie Price

    Main Address

    1509-B S UNIVERSITY DR 208, FORT WORTH, TX, 76107

    NTEE Category

    Code: L20 - Housing

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