Overview
What is Builders Development Corporation?
Builders Development Corporation is a nonprofit organization situated in Kansas City, Missouri. Its primary goal is to enhance the production of affordable housing and revitalize neighborhoods across the greater Kansas City metropolitan area and surrounding communities. They achieve this objective by employing innovative, energy-efficient, and entrepreneurial business strategies. Additionally, the corporation collaborates with local cities, for-profit builders, foundations, and corporations to uplift low-income families. This collaborative approach ultimately benefits the broader Kansas City area and surrounding communities. With a dedicated workforce of one individual, Builders Development Corporation plays a significant role in addressing housing affordability and neighborhood revitalization.
Is Builders Development Corporation legitimate?
Builders Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Builders Development Corporation 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: $117,538
Professional Fundraising Fees: $0
Other Salaries and Wages: $486
For more financial information, click here
What is the mission statement of Builders Development Corporation?
The Builders Development Corporation's mission is to boost the production of affordable housing and revitalize neighborhoods across a wider metropolitan area, including surrounding communities. They achieve this by employing innovative, energy-efficient, and entrepreneurial business strategies. The corporation also collaborates with local cities, for-profit builders, foundations, and corporations to uplift low-income families. By doing so, they aim to benefit the entire community, ultimately improving living conditions for all residents in the area. Their work focuses on applying these principles to create sustainable and affordable housing solutions.
Who is the CEO of Builders Development Corporation?
Chele Thornton is the Executive Director (Started 2022) of Builders Development Corporation.
What is the revenue of Builders Development Corporation?
Builders Development Corporation's revenue in 2022 was $290,156.
Who are the executives of Builders Development Corporation and what are their salaries?
The average compensation at Builders Development Corporation during 2022 was $118,024. There is 1 employee and 6 volunteers at Builders Development Corporation.
Here are 7 key members and their salaries:
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- Compensation: $117,538
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Where can I find the form 990 for Builders Development Corporation?
Builders Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Builders Development Corporation
Builders Development Corporation, a nonprofit organization, is committed to boosting the production of affordable housing and revitalizing neighborhoods across various metropolitan areas and surrounding communities. They achieve this goal by applying innovative, energy-efficient, and entrepreneurial business principles. The corporation also collaborates with local cities, for-profit builders, foundations, and corporations, working together to uplift low-income families. This collective effort ultimately benefits the entire community, leading to a more prosperous region.
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Impact
October, 2024
Builders Development Corporation significantly impacts the Greater Kansas City metropolitan area and surrounding communities by addressing the critical need for affordable housing. By increasing the production of affordable homes and revitalizing neighborhoods, the organization fosters an environment where low-income families can thrive.
Utilizing innovative and energy-efficient business practices, Builders Development Corporation collaborates with local cities, neighborhoods, for-profit builders, corporations, and foundations. This collaborative approach not only enhances the quality and availability of housing but also invigorates community development, creating a ripple effect that benefits all residents of the region. The focus on lifting up economically disadvantaged families ultimately contributes to the overall well-being and prosperity of the Greater Kansas City area, leading to stronger, more inclusive communities.
This information is meant to be a general summary of Builders Development Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $290,156
Assets and Liabilities:
- Total Assets: $4,531,219
- Total Liabilities: $2,319,849
- Net Assets: $2,211,370
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Organization Details
Founding Year
2005
Phone
(816) 733-2240Principal Officer
Chele Thornton
Main Address
600 EAST 103RD STREET 200, KANSAS CITY, MO, 64131
NTEE Category
Code: L20 - Housing
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