Overview
What is Community Development Corporation Of Utah?
Community Development Corporation of Utah is a nonprofit organization situated in Salt Lake City, Utah. Their primary focus is to help aspiring homeowners achieve homeownership while revitalizing and stabilizing neighborhoods and communities. They do this by constructing or rehabilitating homes and selling them to low-to-moderate income families, thereby providing an affordable living solution and improving the community by transforming blighted homes into safe and stable ones. In Salt Lake City alone, they have sold four townhomes, and in Salt Lake County, they have rehabilitated and sold 17 homes. The organization also partners with Salt Lake County in the Green and Healthy Homes Initiative, offering grants and loans to low-income families for critical home repairs. With a dedicated workforce of 23 individuals, Community Development Corporation of Utah promotes self-sufficiency through home ownership.
Official website here: www.cdcutah.org
Is Community Development Corporation Of Utah legitimate?
Community Development Corporation Of Utah is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Development Corporation Of Utah 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: $422,957
Professional Fundraising Fees: $0
Other Salaries and Wages: $270,428
For more financial information, click here
Official website here: www.cdcutah.org
What is the mission statement of Community Development Corporation Of Utah?
The Community Development Corporation of Utah assists aspiring homeowners in their journey towards homeownership. Their mission involves developing sustainable and affordable housing, revitalizing and stabilizing neighborhoods and communities, and promoting self-sufficiency through home ownership. This organization aids in transforming blighted homes into safe and stable residences, particularly for low-to-moderate income families. They have successfully sold several homes in Salt Lake City and Salt Lake County, contributing to the improvement of the community. In addition, the Community Development Corporation of Utah collaborates with local initiatives, such as the Green and Healthy Homes Initiative, to provide grants and loans for critical home repairs to low-income families.
Official website here: www.cdcutah.org
Who is the CEO of Community Development Corporation Of Utah?
Todd Reeder is the President of Community Development Corporation Of Utah. The CEO's salary of Community Development Corporation Of Utah is $140,715 and their total compensation is $169,782.
Official website here: www.cdcutah.org
What is the revenue of Community Development Corporation Of Utah?
Community Development Corporation Of Utah's revenue in 2022 was $2,737,981.
Official website here: www.cdcutah.org
Who are the executives of Community Development Corporation Of Utah and what are their salaries?
The average compensation at Community Development Corporation Of Utah during 2022 was $30,147. There are 23 employees at Community Development Corporation Of Utah.
Here are 16 key members and their salaries (Community Development Corporation Of Utah's CEO's salary is $140,715 and their total compensation is $169,782):
- Michael Akerlow (Chief Executive Officer)
- J Todd Reeder (Chief Operating Officer)
- Lorie Dudley (Chief Financial Officer)
- Ann C House (President) [Trustee/Director]
- Scott Roberts (Vice President) [Trustee/Director]
- Ryan Peel (Secretary) [Trustee/Director]
- Lily Gray (Board Member) [Trustee/Director]
- Elliott Jenkins (Board Member) [Trustee/Director]
- Gena Jones (Board Member) [Trustee/Director]
- Bryant Larsen (Board Member) [Trustee/Director]
- Kisty Morris (Board Member) [Trustee/Director]
- Zach Taylor (Board Member) [Trustee/Director]
- Kenneth Robertson (Board Member) [Trustee/Director]
- Vicky Fuentes (Board Member) [Trustee/Director]
- Viridiana Najera (Board Member) [Trustee/Director]
- Bryce Williams (Board Member) [Trustee/Director]
Official website here: www.cdcutah.org
Where can I find the form 990 for Community Development Corporation Of Utah?
The Community Development Corporation Of Utah’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.cdcutah.org
Learn more at the official website: www.cdcutah.org
Mission Statement of Community Development Corporation Of Utah
Community Development Corporation of Utah (CDCU) is a nonprofit organization committed to assisting aspiring homeowners on their journey to homeownership, developing sustainable and affordable housing, revitalizing and stabilizing neighborhoods and communities, and promoting self-sufficiency through homeownership. By constructing or rehabilitating homes and selling them to low-to-moderate income families, CDCU provides an affordable housing option and positively impacts the community by transforming blighted homes into safe and stable residences. In addition, CDCU collaborates with Salt Lake County in the Green and Healthy Homes Initiative, offering grants and loans to low-income families for essential home repairs. Through these initiatives, CDCU strives to improve the living conditions of families and contribute to the betterment of their communities.
Impact
This information is meant to be a general summary of Community Development Corporation Of Utah. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The Community Development Corporation Of Utah's impact includes assisting aspiring homeowners along the path to homeownership, developing sustainable and affordable housing, revitalizing and stabilizing neighborhoods and communities, and promoting self-sufficiency through homeownership. Through programs like the Neighborhood Homeownership Program, the organization constructs or rehabilitates homes that are sold to low-to-moderate-income families. This not only provides affordable housing but also improves the community by transforming blighted homes into safe and stable living spaces. For example, the organization has sold four townhomes in Salt Lake City to low-to-moderate-income families and rehabilitated and sold 17 homes in Salt Lake County. Additionally, CDCU partners with Salt Lake County in initiatives like the Green and Healthy Homes Initiative, which provides grants and loans to low-income families for critical home repairs. Overall, the organization's work contributes to creating a stronger community through accessible housing opportunities and neighborhood revitalization efforts.
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.
PROJECT FEES - COUNTY HOMES
Revenue
$295,004
SALES COMMISSIONS
Revenue
$223,408
PROJECT HOMELESS CONNECT
Revenue
$500
Organization Details
Founding Year
1990
Phone
(801) 994-7222
Principal Officer
Todd Reeder
Main Address
501 EAST 1700 SOUTH, SALT LAKE CITY, UT, 84105
Website
www.cdcutah.org
NTEE Category
Code: L20 - Housing
If you are a representative of Community Development Corporation Of Utah 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.