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Community Dreams Incorporated

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

EIN: 043793918 ✦ Edgewood, IA ✦ Designated as a 501(c)(3)

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Overview

What is Community Dreams Incorporated?

Community Dreams Incorporated is a nonprofit organization situated in Edgewood, Iowa, specifically at 101 E UNION ST. Their primary focus is on the development and operation of recreational facilities, specifically a public golf course, for the benefit of the residents of Edgewood and surrounding communities. With a team of 22 dedicated individuals, the organization aims to contribute to the community's leisure activities, promoting social interaction and enjoyment.

Is Community Dreams Incorporated legitimate?

Community Dreams Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Dreams Incorporated 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: $156,897

For more financial information, click here

What is the mission statement of Community Dreams Incorporated?

Community Dreams Incorporated's mission is centered around the development of recreational facilities. Specifically, their goal is to establish such facilities in a city, making them accessible to the public. One of their key initiatives involves the acquisition and operation of a public golf course, providing recreational opportunities for the residents of a particular city and its surrounding communities.

Who is the CEO of Community Dreams Incorporated?

Luke Brady is the Treasurer/Se of Community Dreams Incorporated.

What is the revenue of Community Dreams Incorporated?

Community Dreams Incorporated's revenue in 2022 was $441,417.

Who are the executives of Community Dreams Incorporated and what are their salaries?

The average compensation at Community Dreams Incorporated during 2022 was $7,132. There are 22 employees and 15 volunteers at Community Dreams Incorporated.


Here are 2 key members and their salaries:


Luke Brady (Treasurer/Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Elsbury (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Community Dreams Incorporated?

Community Dreams Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Community Dreams Incorporated

Community Dreams Incorporated is dedicated to the development of recreational facilities within the city of Edgewood, with the intention of making these facilities accessible to the public. The organization's primary mission revolves around the acquisition and operation of a public golf course, a recreational facility that caters to the residents of Edgewood and the surrounding communities. This initiative is designed to provide a leisure activity that fosters community engagement and promotes a healthier lifestyle for its residents.

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Impact




October, 2024

Community Dreams Incorporated significantly enhances the quality of life for residents in Edgewood and surrounding communities through the development of recreational facilities. By acquiring and operating a public golf course, the organization provides accessible recreational opportunities that promote physical activity, social interaction, and community engagement. This initiative not only fosters a sense of belonging among residents but also stimulates local economic activity by attracting visitors and events. The golf course serves as a vital resource for individuals and families to connect, enjoy outdoor activities, and improve their well-being, making a lasting positive impact on the community's overall health and vitality.




This information is meant to be a general summary of Community Dreams Incorporated. 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
$441,417 (2022)
Expenses
$508,598 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $126
  • Program Service Revenue: $414,663
  • Gross Receipts: $441,417

Assets and Liabilities:

  • Total Assets: $451,072
  • Total Liabilities: $358,365
  • Net Assets: $92,707

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Programs

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

RESTAURANT/RECEPTION HALL

Revenue

$272,174

GOLF COURSE

Revenue

$139,289

ADVERTISING

Revenue

$3,200

Organization Details

Founding Year

2004

Principal Officer

Luke Brady

Main Address

101 E UNION ST, EDGEWOOD, IA, 52042

NTEE Category

Code: P20 - Human services

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