Easton Redevelopment Corporation

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

EIN: 141861533 ✦ Easton, MD ✦ Designated as a 501(c)(3)

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Overview

What is Easton Redevelopment Corporation?

The Easton Redevelopment Corporation, based in Easton, Maryland, is a nonprofit organization dedicated to supporting various government entities in their mission to create and provide affordable housing options for low-income families. They manage and maintain 13 units specifically designed for this demographic. Their primary objective is to help facilitate housing opportunities for those who may not have access to adequate living situations otherwise. By doing so, they contribute to the overall welfare and well-being of their community.

Is Easton Redevelopment Corporation legitimate?

Easton Redevelopment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Easton Redevelopment 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Easton Redevelopment Corporation?

The Easton Redevelopment Corporation's mission is centered around assisting various government entities in facilitating and enhancing housing options for individuals with low income. Their primary objective is to develop and provide affordable housing opportunities for this population segment. In practice, they manage and maintain a specific number of units, catering to low-income families. Their activities contribute to improving living situations for those who may otherwise struggle to secure adequate housing.

Who is the CEO of Easton Redevelopment Corporation?

Don Bibb is the Director of Easton Redevelopment Corporation. The CEO's salary of Easton Redevelopment Corporation is $0 and their total compensation is $0.

What is the revenue of Easton Redevelopment Corporation?

Easton Redevelopment Corporation's revenue in 2022 was $108,619.

Who are the executives of Easton Redevelopment Corporation and what are their salaries?


Here are 3 key members and their salaries (Easton Redevelopment Corporation's CEO's salary is $0 and their total compensation is $0):


Carlene Phoenix (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Jaffe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Bibb (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Easton Redevelopment Corporation?

Easton Redevelopment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Easton Redevelopment Corporation

Easton Redevelopment Corporation, as a nonprofit organization, is dedicated to aiding various government entities in their mission to create and provide housing options for low-income populations. By assuming this role, the corporation contributes significantly to addressing the housing needs of individuals who may otherwise struggle to secure suitable living accommodations. In essence, Easton Redevelopment Corporation serves as a facilitator, working closely with government entities to expand housing opportunities for those who require assistance.

To fulfill its mission, the corporation manages and maintains 13 housing units specifically designed for low-income families. This direct involvement in providing housing solutions demonstrates Easton Redevelopment Corporation's commitment to making a tangible impact on the lives of those in need. By overseeing these units, the corporation ensures that they are well-maintained and meet the specific requirements of their intended residents, thereby contributing to a sense of security and stability in their lives. In doing so, Easton Redevelopment Corporation plays a vital role in supporting the well-being and overall quality of life for these families, enabling them to focus on other essential aspects of their lives.

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Impact




October, 2024

Easton Redevelopment Corporation plays a significant role in improving housing opportunities for low-income families in Easton, MD. By managing and maintaining 13 housing units, the organization directly contributes to alleviating the housing crisis faced by vulnerable populations. Their efforts support various government entities, ensuring that affordable housing remains a priority in community development. This initiative not only provides shelter but also fosters stability and quality of life for families in need, thereby strengthening the overall community fabric.




This information is meant to be a general summary of Easton Redevelopment 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.

Revenue
$108,619 (2022)
Expenses
$95,088 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7
  • Program Service Revenue: $87,653
  • Gross Receipts: $108,619

Assets and Liabilities:

  • Total Assets: $566,835
  • Total Liabilities: $856,902
  • Net Assets: -$290,067

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Programs

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

Dwelling Rental Income

Revenue

$87,653

Organization Details

Founding Year

1998

Principal Officer

Don Bibb

Main Address

900 Doverbrook St, Easton, MD, 21601

NTEE Category

Code: L25 - Housing

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