Overview
What is Advantix Development Corporation?
Advantix Development Corporation is a nonprofit organization that primarily focuses on real estate and affordable housing. They engage in various activities, such as owning, operating, purchasing, selling, and managing real estate properties that cater to low-income individuals. As part of their mission, they also manage non-federal low-income housing projects, contributing to the provision of affordable housing options for communities in need.
Is Advantix Development Corporation legitimate?
Advantix Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advantix 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: $3,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $890,776
For more financial information, click here
What is the mission statement of Advantix Development Corporation?
Advantix Development Corporation is committed to overseeing real estate and affordable housing. Their mission encompasses the ownership, operation, purchase, and sale of such properties. Furthermore, they manage non-federal low-income housing as part of their programs, demonstrating their dedication to providing affordable housing solutions. In essence, Advantix Development Corporation plays a significant role in the real estate sector, focusing on affordable housing.
Who is the CEO of Advantix Development Corporation?
Rick Moore is the Chairman of Advantix Development Corporation.
What is the revenue of Advantix Development Corporation?
Advantix Development Corporation's revenue in 2022 was $5,194,127.
Who are the executives of Advantix Development Corporation and what are their salaries?
The average compensation at Advantix Development Corporation during 2022 was $8,682. There are 103 employees and 7 volunteers at Advantix Development Corporation.
Here are 8 key members and their salaries:
- Thomas Gibbs (Manager)
- Glenda B Hampton (Commissioner) [Trustee/Director]
- David G Hatfield (Chairman) [Trustee/Director]
- Daphne J Robinson (Vice Chairman) [Trustee/Director]
- Dianna Mcguire (Commissioner) [Trustee/Director]
- Mildred Thacker (Secretary) [Trustee/Director]
- Richard Engbers (Commissioner) [Trustee/Director]
- Sabino Humbane (Commissioner) [Trustee/Director]
Where can I find the form 990 for Advantix Development Corporation?
The Advantix Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Advantix Development Corporation
Advantix Development Corporation, as a mission-driven entity, is dedicated to the ownership, operation, purchase, and management of real estate, with a particular focus on affordable housing. This organization plays a significant role in the real estate sector, utilizing its resources to provide suitable living spaces for individuals who may not otherwise have access to affordable housing options. In addition to its primary activities, Advantix Development Corporation also manages non-federal low-income housing as part of its programs, furthering its commitment to promoting equitable housing opportunities.
Impact
This information is meant to be a general summary of Advantix Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Advantix Development Corporation has a significant impact on community improvement by owning, operating, purchasing, selling, and managing real estate and affordable housing in Evansville, Indiana. Through their programs, they manage non-federal low-income housing, ensuring that individuals and families have access to safe and affordable housing options. Their commitment to providing affordable housing contributes to creating a more inclusive and sustainable community for residents in need.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Development Fee Income
Revenue
$1,289,335
Management Fee
Revenue
$501,859
Tenant Rental Income
Revenue
$355,621
Organization Details
Founding Year
2007
Phone
(812) 428-8500
Principal Officer
Rick Moore
Main Address
500 SE 10th Street, Evansville, IN, 47713
NTEE Category
Code: S20 - Community improvement
If you are a representative of Advantix 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.