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New Covenant Community Development Corporation

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

EIN: 800797774 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is New Covenant Community Development Corporation?

New Covenant Community Development Corporation is a nonprofit organization dedicated to enhancing the lives of individuals and families by empowering them through educational programs and job creation initiatives. Their mission is to establish community stability through entrepreneurial economic development. They achieve this by offering classes, workshops, and one-on-one business coaching to equip individuals with the necessary skills for financial stability. The corporation aims to foster a stable and prosperous community by supporting personal and business growth.


Official website here: www.new-covenantcdc.org

Is New Covenant Community Development Corporation legitimate?

New Covenant Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Covenant 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: $67,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $176,452

For more financial information, click here


Official website here: www.new-covenantcdc.org

What is the mission statement of New Covenant Community Development Corporation?

The New Covenant Community Development Corporation's mission is centered around establishing community stability through entrepreneurial economic development. They accomplish this by offering educational classes, workshops, and one-on-one business coaching. This organization aims to empower individuals and families, fostering financial stability through job readiness and creation initiatives.


Official website here: www.new-covenantcdc.org

Who is the CEO of New Covenant Community Development Corporation?

Rodney D Brown is the Executive Di of New Covenant Community Development Corporation.


Official website here: www.new-covenantcdc.org

What is the revenue of New Covenant Community Development Corporation?

New Covenant Community Development Corporation's revenue in 2021 was $1,893,496.


Official website here: www.new-covenantcdc.org

Who are the executives of New Covenant Community Development Corporation and what are their salaries?

The average compensation at New Covenant Community Development Corporation during 2021 was $40,659. There are 6 employees at New Covenant Community Development Corporation.

Here are 7 key members and their salaries:

    Rodney D Brown (Executive Di) [Trustee/Director]
  • Compensation: $67,500
  • Related: $0
  • Other: $0

    • Dennis Deer (Board Presid) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Ferguson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Hobbs (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melvin Houston (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheila Mcnary (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamil Muhammad (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.new-covenantcdc.org

    Where can I find the form 990 for New Covenant Community Development Corporation?

    The New Covenant Community Development Corporation’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.new-covenantcdc.org

    Learn more at the official website: www.new-covenantcdc.org

    Mission Statement of New Covenant Community Development Corporation

    New Covenant Community Development Corporation, a nonprofit organization, is dedicated to establishing community stability through entrepreneurial economic development. They achieve this goal by offering a variety of educational programs, workshops, and one-on-one business coaching sessions. The mission of New Covenant CDC is to empower individuals and families, helping them to achieve financial stability. This is done by providing them with the necessary tools and resources to create and sustain businesses, thereby enhancing their overall economic well-being.

    Impact

    This information is meant to be a general summary of New Covenant 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

    New Covenant Community Development Corporation is making a significant impact in Chicago by empowering individuals and families through educational programs and job readiness initiatives. By promoting financial stability and providing entrepreneurial economic development opportunities, they are helping to establish community stability and improve the lives of residents. Through classes, workshops, and one-on-one business coaching, New Covenant CDC is making a difference in the local community and contributing to its overall improvement.





    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: $201
  • Program Service Revenue: $500
  • Gross Receipts: $1,893,496

    • Assets and Liabilities:
  • Total Assets: $1,571,797
  • Total Liabilities: $3,687
  • Net Assets: $1,568,110
  • Programs

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

    PROGRAM SERVICE REVENUE

    Revenue

    $500

    Organization Details

    Founding Year

    2012

    Principal Officer

    Rodney D Brown

    Main Address

    2653 W OGDEN AVE 1ST FLR - ADM OFC, CHICAGO, IL, 60608

    NTEE Category

    Code: S32 - Community improvement

    If you are a representative of New Covenant 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.