Spring Valley Community Development Corp

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

EIN: 133050320 ✦ Spring valley, NY ✦ Designated as a 501(c)(4)

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Overview

What is Spring Valley Community Development Corp?

Spring Valley Community Development Corp is a nonprofit organization located at 4 Union Road -Unit 101A, Spring Valley, New York 10977. Their primary mission is to rehabilitate and manage residential buildings, catering to the low-income community of Spring Valley. With a team of five dedicated individuals, they aim to provide affordable housing options within their community. The organization's activities revolve around the maintenance and rental of these properties, ensuring they remain in good condition and remain accessible to those in need.

Is Spring Valley Community Development Corp legitimate?

Spring Valley Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Spring Valley 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $361,455

For more financial information, click here

What is the mission statement of Spring Valley Community Development Corp?

The Spring Valley Community Development Corp's mission is centered around assisting the low-income community. Specifically, their mission involves the rehabilitation and management of residential buildings, with the goal of providing suitable housing options. Ultimately, their objective is to make these properties available for rental, thereby contributing to the well-being of this particular demographic.

Who is the CEO of Spring Valley Community Development Corp?

Patricia Caldwell is the Director of Spring Valley Community Development Corp.

What is the revenue of Spring Valley Community Development Corp?

Spring Valley Community Development Corp's revenue in 2022 was $1,193,162.

Who are the executives of Spring Valley Community Development Corp and what are their salaries?

The average compensation at Spring Valley Community Development Corp during 2022 was $72,291. There are 5 employees at Spring Valley Community Development Corp.


Here are 4 key members and their salaries:


Valarie Foster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lenora Mccabe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlene Weaver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Caldwell (Manager)
  • Compensation: $143,040
  • Related: $0
  • Other: $0
Where can I find the form 990 for Spring Valley Community Development Corp?

Spring Valley Community Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Spring Valley Community Development Corp

Spring Valley Community Development Corp, as a nonprofit organization, is dedicated to serving the low-income community in Spring Valley, New York. Its mission is centered around the rehabilitation and management of residential buildings, providing them as rental properties. This commitment to the community aims to address the housing needs of its residents, ensuring they have access to decent living spaces. By taking on this role, Spring Valley Community Development Corp contributes to the betterment of the community, offering a vital service in the realm of affordable housing.

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Impact




October, 2024

Spring Valley Community Development Corp significantly impacts the low-income community of Spring Valley, New York, by focusing on the rehabilitation, management, and rental of residential buildings. Their efforts improve living conditions for residents, ensuring access to safe and affordable housing. This initiative not only enhances the quality of life for individuals and families but also contributes to the overall revitalization of the community. By addressing housing needs, they foster stability and security, empowering residents to thrive in a supportive environment.




This information is meant to be a general summary of Spring Valley 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.

Revenue
$1,193,162 (2022)
Expenses
$1,140,871 (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: $1,095,035
  • Gross Receipts: $1,193,162

Assets and Liabilities:

  • Total Assets: $368,812
  • Total Liabilities: $387,747
  • Net Assets: -$18,935

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Programs

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

Rental Income

Revenue

$1,091,221

Organization Details

Founding Year

1978

Principal Officer

Patricia Caldwell

Main Address

4 Union Road -Unit 101A, Spring Valley, NY, 10977

NTEE Category

Code: L25 - Housing

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