Central Area Development Association

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

EIN: 911632440 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

Overview

What is Central Area Development Association?

The Central Area Development Association (CADA) is a nonprofit organization situated in Seattle, Washington. Their primary mission, as stated, is to bolster the economic vitality, affordability, and livability of the Central Area. To achieve this goal, CADA is engaged in property management activities, specifically owning and managing an apartment building with 20 units. This involvement in property management contributes to the overall livability of the Central Area by providing housing options. CADA's work in this capacity aims to enhance the local community and contribute to its overall well-being.


Is Central Area Development Association legitimate?

Central Area Development Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Area Development Association 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: $73,937
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Central Area Development Association?
Who is the CEO of Central Area Development Association?
What is the revenue of Central Area Development Association?
Who are the executives of Central Area Development Association and what are their salaries?
Where can I find the form 990 for Central Area Development Association?

Mission Statement of Central Area Development Association

Central Area Development Association, or CADA, is an organization committed to boosting the economic health, affordability, and vitality of its community. In simple terms, CADA aims to improve the quality of life in the Central Area by enhancing its economic prospects and making it more livable and affordable. To achieve this mission, CADA owns and operates an apartment building with 20 units. This involvement in property management is a means to contribute to the overall well-being of the community, providing housing options that align with their mission.

Impact

This information is meant to be a general summary of Central Area Development Association. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Central Area Development Association plays a vital role in enhancing the economic vitality, affordability, and livability of the Central Area in Seattle, Washington. Through activities such as asset property management, owning and operating an apartment building with 20 units, CADA works towards creating a thriving community. Their mission to improve the overall quality of life in the area has a direct impact on the local residents, businesses, and overall neighborhood development.





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: $0
  • Program Service Revenue: $145,386
  • Gross Receipts: $525,935

    • Assets and Liabilities:
  • Total Assets: $972,005
  • Total Liabilities: $975,113
  • Net Assets: -$3,108
  • Programs

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

    Rental Assoc Income

    Revenue

    $145,386

    Organization Details

    Founding Year

    1994

    Principal Officer

    George Staggers

    Main Address

    PO Box 51033, Seattle, WA, 98115

    NTEE Category

    Code: Z99 - Unknown

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