Overview
What is Burlington Community Development Corp?
The Burlington Community Development Corp is a nonprofit organization situated in Burlington, Vermont. Their primary mission is to foster community and economic development within the city. They collaborate with city departments to secure financing for city-sponsored projects and often hold title to property for redevelopment initiatives. The organization's primary role is to promote economic growth in the Burlington area by undertaking real estate projects.
Official website here: www.cedoburlington.org
Is Burlington Community Development Corp legitimate?
Burlington Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Burlington Community Development Corp 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:
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Official website here: www.cedoburlington.org
What is the mission statement of Burlington Community Development Corp?
The Burlington Community Development Corp's mission is centered around supporting the community and economic development objectives of its city. The organization works in collaboration with city departments, assisting in securing financing for city-sponsored projects and often holding title to property for redevelopment efforts. This is all done with the aim of promoting economic development in the Burlington area through various real estate projects.
Official website here: www.cedoburlington.org
Who is the CEO of Burlington Community Development Corp?
Katherine Schad is the President of Burlington Community Development Corp.
Official website here: www.cedoburlington.org
What is the revenue of Burlington Community Development Corp?
Burlington Community Development Corp's revenue in 2022 was $420,473.
Official website here: www.cedoburlington.org
Who are the executives of Burlington Community Development Corp and what are their salaries?
There 5 volunteers at Burlington Community Development Corp.
Here are 7 key members and their salaries:
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- Related: $167,045
- Other: $15,919
Official website here: www.cedoburlington.org
Where can I find the form 990 for Burlington Community Development Corp?
Burlington Community Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cedoburlington.org
Learn more at the official website: www.cedoburlington.org
Mission Statement of Burlington Community Development Corp
Burlington Community Development Corp, as an organization, is committed to advancing the community and economic development objectives of its city. It achieves this by collaborating with city departments and securing financing for city-sponsored projects. In many instances, the corporation also holds title to property for redevelopment efforts, contributing to economic growth in the Burlington area. The primary focus of Burlington Community Development Corp is on real estate projects that promote economic development within the city.
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Impact
October, 2024
Burlington Community Development Corp significantly impacts the Burlington area by advancing community and economic development objectives tailored to the city's needs. Collaborating closely with city departments, it plays a crucial role in securing financing for various city-sponsored projects. By taking title to properties earmarked for redevelopment, the organization actively fosters real estate projects that promote economic growth and community enhancement. This strategic involvement not only revitalizes underutilized spaces but also stimulates local investment, creating a more vibrant and sustainable Burlington. Through these efforts, the Burlington Community Development Corp contributes to the overall improvement of the community, making it a more desirable place to live, work, and thrive.
This information is meant to be a general summary of Burlington Community Development Corp. 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.
- Program Service Revenue: $414,473
- Gross Receipts: $420,473
Assets and Liabilities:
- Total Assets: $4,874,000
- Total Liabilities: $2,378,543
- Net Assets: $2,495,457
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$358,000
INTEREST ON LOANS
Revenue
$56,473
Organization Details
Founding Year
1982
Phone
(802) 865-7019Principal Officer
Katherine Schad
Main Address
CO CLERK OFFICE 149 CHURCH STREET, BURLINGTON, VT, 05401
Website
www.cedoburlington.orgNTEE Category
Code: S31 - Community improvement
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