Overview
What is Marble Cliff Capital Communities?
Marble Cliff Capital Communities is a nonprofit organization based in Columbus, Ohio. Their primary focus is to provide and coordinate financing for the development, construction, and improvement of deteriorating communities, specifically for senior housing and affordable multi-family housing projects. They serve as the general partner or managing member of entities formed for this purpose, encouraging investment in quality housing projects. Additionally, they promote community development and expanded educational opportunities by offering scholarships to students from low-income housing communities and other deserving individuals with financial needs for education funding assistance. Operating as a Community Development Financial Institution, Marble Cliff Capital Communities delivers responsible and affordable lending to support their mission. As of year-end, they have closed two loans, although they have yet to be funded.
Is Marble Cliff Capital Communities legitimate?
Marble Cliff Capital Communities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marble Cliff Capital Communities 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: $0
For more financial information, click here
What is the mission statement of Marble Cliff Capital Communities?
Marble Cliff Capital Communities' mission is centered around three key areas. Firstly, it aims to develop high-quality senior housing and affordable multi-family housing. Secondly, the organization serves as the general partner or managing member of entities formed for the purpose of developing safe and quality housing for low-income and economically distressed families and individuals, providing housing management and related services. Thirdly, Marble Cliff Capital Communities promotes community development and expanded educational opportunities. This includes offering scholarships to residents of low-income housing communities and deserving students with financial needs for education funding assistance. Lastly, the organization operates as a Community Development Financial Institution, delivering responsible and affordable lending.
Who is the CEO of Marble Cliff Capital Communities?
Dennis Bajec is the Board President/Treasurer of Marble Cliff Capital Communities.
What is the revenue of Marble Cliff Capital Communities?
Marble Cliff Capital Communities's revenue in 2022 was $598,353.
Who are the executives of Marble Cliff Capital Communities and what are their salaries?
- Dennis Bajec (Board President/Treasurer) [Trustee/Director]
- Andy Culp (Board Vice President/Secretary) [Trustee/Director]
- Jacqueline Marchan-Rish (Board Member) [Trustee/Director]
- John F Kukura Iii (Board Member) [Trustee/Director]
- Brian C Graney (Board Member) [Trustee/Director]
Where can I find the form 990 for Marble Cliff Capital Communities?
The Marble Cliff Capital Communities’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Marble Cliff Capital Communities
Marble Cliff Capital Communities, as a nonprofit organization, is dedicated to two primary missions. Firstly, it focuses on the development of quality senior housing and affordable multi-family housing for economically distressed families and individuals. By serving as the general partner or managing member of entities formed for these purposes, Marble Cliff Capital Communities ensures the creation of safe and well-maintained housing options for those in need.
Secondly, Marble Cliff Capital Communities is committed to promoting community development and expanded educational opportunities. This includes providing scholarships for students residing in low-income housing communities and properties, as well as other deserving individuals who demonstrate a financial need for education funding assistance. Additionally, the organization operates as a Community Development Financial Institution, delivering responsible and affordable lending solutions. In summary, Marble Cliff Capital Communities is a nonprofit organization that strives to improve the lives of economically distressed families and individuals by providing housing, promoting community development, and fostering education opportunities.
Impact
This information is meant to be a general summary of Marble Cliff Capital Communities. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Marble Cliff Capital Communities impacts communities by providing and arranging financing for the development, construction, and improvement of projects in deteriorating areas. Their focus on developing quality senior housing, affordable multi-family housing, and promoting community development helps create safe and quality living spaces for low-income and economically distressed families. Additionally, their efforts to expand educational opportunities, including providing scholarships for residents of low-income housing communities and deserving students, contribute to the overall well-being and empowerment of these communities. Overall, Marble Cliff Capital Communities plays a vital role in revitalizing communities and supporting those in need of affordable housing and educational assistance.
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.
SOCIAL CAUSE FEE
Revenue
$535,000
Organization Details
Founding Year
2020
Phone
(614) 353-5353
Principal Officer
Dennis Bajec
Main Address
PO BOX 12398, COLUMBUS, OH, 43212
NTEE Category
Code: L20 - Housing
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