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Gilead Community Development Corporation Inc

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

EIN: 010594671 ✦ Williamsburg, VA ✦ Designated as a 501(c)(3)

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Overview

What is Gilead Community Development Corporation Inc?

Gilead Community Development Corporation Inc is a nonprofit organization situated in Williamsburg, Virginia. Their primary mission is to empower individuals and families by providing them with essential resources and opportunities for housing, education, employment, and economic development. They foster community building and self-sufficiency by establishing and maintaining affordable tenant-landlord relationships, offering educational training resources in collaboration with local agencies, and encouraging tenants to pursue homeownership. The organization operates primarily in areas with a strong tourism industry, limited job market, and wage rates, as well as limited affordable housing. By addressing these socio-economic barriers, Gilead Community Development Corporation Inc aims to improve the quality of life for its community members.

Is Gilead Community Development Corporation Inc legitimate?

Gilead Community Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gilead Community Development Corporation Inc 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.


Heare 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 Gilead Community Development Corporation Inc?

Gilead Community Development Corporation Inc's mission is centered around empowering individuals by providing access to essential opportunities such as housing, education, employment, and economic resources. This is achieved through various means, including housing assistance, educational training programs, and collaborations with local agencies. The corporation aims to create self-sufficiency and foster community building. It provides insight and resource strategies to those who may be limited in their knowledge of self-sufficiency due to socio-economic barriers. The corporation encourages tenants to pursue home ownership and collaborates with local partners to address challenges in industries like tourism and hospitality, limited job markets, and affordable housing.

Who is the CEO of Gilead Community Development Corporation Inc?

William M Dawson is the President of Gilead Community Development Corporation Inc.

What is the revenue of Gilead Community Development Corporation Inc?

Gilead Community Development Corporation Inc's revenue in 2022 was $89,245.

Who are the executives of Gilead Community Development Corporation Inc and what are their salaries?

There 10 volunteers at Gilead Community Development Corporation Inc.


Here are 5 key members and their salaries:


William M Dawson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryant Bullock (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqulyn Johnson (Cfo And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Turman Dawson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikelle Bullock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gilead Community Development Corporation Inc?

Gilead Community Development Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Gilead Community Development Corporation Inc

Gilead Community Development Corporation Inc, a nonprofit organization, is dedicated to empowering individuals by offering access to housing, educational, economic, and employment opportunities. Their mission is to create self-sufficiency within communities by establishing and maintaining affordable housing, providing resource strategies, and offering educational training in collaboration with local agencies. This nonprofit recognizes the challenges faced by certain communities, such as those with a tourist, hotel, restaurant industry, limited job markets, and wage rates, and limited affordable housing.

Gilead Community Development Corporation Inc's approach to achieving its mission is multifaceted. By establishing and maintaining tenant-landlord relationships, they ensure affordable housing options are available. Additionally, they offer resource strategies to help individuals with limited knowledge of how to become self-sufficient. To further their mission, the nonprofit collaborates with local agencies to engage citizens within the community, often providing insights and eligibility opportunities that would not be available otherwise due to various socio-economic barriers.

Gilead Community Development Corporation Inc's collaboration with other local partners encourages tenants to pursue good stewardship, moving them closer to their goal of home ownership. The nonprofit's mission is to cultivate strong family relations within a community, ultimately promoting a better quality of life for its residents.

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Impact




October, 2024

Gilead Community Development Corporation Inc focuses on fostering tenant-landlord relationships and promoting affordable housing options. The organization offers valuable resources aimed at assisting individuals who may lack the knowledge or support to achieve self-sufficiency. This includes educational training and outreach initiatives that engage community members, particularly those who face socio-economic challenges.

By collaborating with local agencies, Gilead actively works to unlock opportunities for residents who might otherwise struggle to access vital information or resources. The organization places a strong emphasis on encouraging good stewardship among tenants, providing guidance as they aspire toward home ownership.

The impact of Gilead extends to cultivating stronger family relationships and enhancing the overall quality of life within the community. Operating in an area characterized by a tourist-driven economy and limited job opportunities, Gilead's mission is crucial for empowering individuals and families, facilitating connections to education, economic resources, and employment opportunities. This multi-faceted approach aims to strengthen the fabric of the Williamsburg community, ultimately promoting resilience and sustainability among its residents.




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


Financials

This financial information is from Propublica.

Revenue
$89,245 (2022)
Expenses
$108,640 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $88,745
  • Gross Receipts: $89,245

Assets and Liabilities:

  • Total Assets: $568,702
  • Total Liabilities: $380,995
  • Net Assets: $187,707

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Programs

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

Community Affordable Housing

Revenue

$88,745

Organization Details

Principal Officer

William M Dawson

Main Address

8660 Pocahontas Trail, Williamsburg, VA, 23185

NTEE Category

Code: B90 - Education

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