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Polk Cdc

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

EIN: 931012211 ✦ Dallas, OR ✦ Designated as a 501(c)(3)

Overview

What is Polk Cdc?

Polk Cdc, located in Dallas, Oregon, is a nonprofit organization with a mission to serve the needs of low- and moderate-income individuals. They achieve this goal through community economic development activities, focusing on affordable housing, first-time homeownership, and community self-help projects within Polk County, Oregon. The organization operates under the Oregon Nonprofit Corporation Act and is exempt from federal income tax under Section 501(C)(3). With a dedicated team of 25 employees, Polk Cdc works tirelessly to provide safe, quality, and affordable housing solutions for their community, contributing to the overall welfare and economic growth of the area.


Official website here: www.polkcdc.org

Is Polk Cdc legitimate?

Polk Cdc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Polk Cdc 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: $106,680
Professional Fundraising Fees: $0
Other Salaries and Wages: $647,179

For more financial information, click here


Official website here: www.polkcdc.org

What is the mission statement of Polk Cdc?

Polk Cdc, as a nonprofit organization, is dedicated to serving the needs of low-income and moderate-income individuals. Their mission is accomplished through community economic development activities. This includes the development and management of affordable rental housing, facilitating first-time home ownership, and encouraging community self-help activities. The organization operates within Polk County, Oregon, carrying out activities authorized for a corporation under the Oregon Nonprofit Corporation Act and exempt from federal income tax under Section 501(C)(3). Their primary goal is to improve the living conditions and economic opportunities for those in need.


Official website here: www.polkcdc.org

Who is the CEO of Polk Cdc?

Rita A Grady is the Executive Di of Polk Cdc.


Official website here: www.polkcdc.org

What is the revenue of Polk Cdc?

Polk Cdc's revenue in 2022 was $5,307,917.


Official website here: www.polkcdc.org

Who are the executives of Polk Cdc and what are their salaries?

The average compensation at Polk Cdc during 2022 was $30,154. There are 25 employees and 9 volunteers at Polk Cdc.

Here are 10 key members and their salaries:

    Rita A Grady (Executive Di)
  • Compensation: $103,149
  • Related: $0
  • Other: $0

    • Amy Houghtaling (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lane Shetterly (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Jennings (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Torres (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zellee Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alea Littleton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeremy Gordon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kate Cooper Richardson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenn Pangburn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.polkcdc.org

    Where can I find the form 990 for Polk Cdc?

    The Polk Cdc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.polkcdc.org

    Learn more at the official website: www.polkcdc.org

    Mission Statement of Polk Cdc

    Polk CDC, a nonprofit organization, is dedicated to serving the needs of low- and moderate-income individuals. Their mission is centered around community economic development, encompassing various activities such as the development and management of affordable rental housing, facilitating first-time home ownership, and encouraging community self-help initiatives. By carrying out these activities, Polk CDC aims to contribute to the betterment of the community within Polk County, Oregon, in accordance with the Oregon Nonprofit Corporation Act and as an organization exempt from federal income tax under Section 501(C)(3).

    Impact

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




    Saturday, July 20, 2024

    Polk CDC's impact is significant in serving the needs of low and moderate-income individuals in Polk County, Oregon. By focusing on community economic development activities such as developing and managing affordable rental housing, facilitating first-time homeownership, and supporting community self-help initiatives, Polk CDC plays a vital role in addressing housing challenges and promoting financial stability for residents in the region. Through its efforts, Polk CDC contributes to the improvement of living conditions and the overall well-being of individuals and families in the community.





    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: $31,815
  • Program Service Revenue: $1,462,147
  • Gross Receipts: $5,307,917

    • Assets and Liabilities:
  • Total Assets: $22,075,845
  • Total Liabilities: $6,007,882
  • Net Assets: $16,067,963
  • Programs

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

    NET RENTAL REVENUE

    Revenue

    $1,406,069

    OTHER FEE INCOME

    Revenue

    $44,225

    MISCELLANEOUS INCOME

    Revenue

    $8,573

    LAUNDRY INCOME

    Revenue

    $3,280

    Organization Details

    Founding Year

    1989

    Principal Officer

    Rita A Grady

    Main Address

    PO BOX 33, DALLAS, OR, 97338

    NTEE Category

    Code: S31Z - Community improvement

    If you are a representative of Polk Cdc 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.