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Live The Dream Development Inc Abraham Williams Exec Director

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

EIN: 200584291 ✦ Bowling green, KY ✦ Designated as a 501(c)(3)

Overview

What is Live The Dream Development Inc Abraham Williams Exec Director?

Live The Dream Development Inc, led by Abraham Williams as its executive director, is a nonprofit organization based in Bowling Green, Kentucky. Their primary mission is to stimulate economic development and enhance affordable housing opportunities within the community of Bowling Green and Warren County. They achieve this by acquiring and renovating homes in adherence to Federal HUD guidelines, specifically targeting low- to moderate-income families. Furthermore, they offer educational courses on homeownership to help these families navigate the home buying process. Their overall goal is to improve the quality of life in the area for these target communities.


Is Live The Dream Development Inc Abraham Williams Exec Director legitimate?

Live The Dream Development Inc % Abraham Williams Exec Director is a legitimate nonprofit organization registered as a 501(c)(3) entity. Live The Dream Development Inc % Abraham Williams Exec Director 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,909

For more financial information, click here


What is the mission statement of Live The Dream Development Inc Abraham Williams Exec Director?
Who is the CEO of Live The Dream Development Inc Abraham Williams Exec Director?
What is the revenue of Live The Dream Development Inc Abraham Williams Exec Director?
Who are the executives of Live The Dream Development Inc Abraham Williams Exec Director and what are their salaries?
Where can I find the form 990 for Live The Dream Development Inc Abraham Williams Exec Director?

Mission Statement of Live The Dream Development Inc Abraham Williams Exec Director

Live The Dream Development Inc, led by Executive Director Abraham Williams, is committed to promoting economic development and enhancing affordable housing in underserved communities. Their mission extends beyond just providing housing; they aim to improve the overall quality of life for low-income residents in these areas. The organization achieves this by following two key strategies. Firstly, they purchase and rehabilitate homes, ensuring they meet the federal HUD guidelines, and then sell these properties to their targeted population groups. This not only provides them with a place to call home but also contributes to the revitalization of the community.

Secondly, Live The Dream Development Inc offers educational programs to help low to moderate income families navigate the home buying process. Through home ownership courses, they equip these families with the necessary knowledge and skills, empowering them to become homeowners and contribute positively to their communities. By promoting economic development and enhancing affordable housing, Live The Dream Development Inc seeks to improve the lives of those in need and create sustainable, thriving communities.

Impact

This information is meant to be a general summary of Live The Dream Development Inc Abraham Williams Exec Director. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Abraham Williams, as the Executive Director of Live The Dream Development Inc in Bowling Green, Kentucky, has made a significant impact in promoting economic development and enhancing affordable housing in the community. Under his leadership, the organization works tirelessly to improve the quality of life for targeted low-income residents by buying and rehabilitating homes to sell to them according to federal HUD guidelines.

Williams is dedicated to teaching homeownership courses to low to moderate-income families, ensuring they are educated on the home buying process. His commitment to empowering individuals and families through homeownership not only provides much-needed housing opportunities but also fosters a sense of stability and security within the community.

Through his leadership, Abraham Williams has played a crucial role in creating tangible and meaningful change in Bowling Green and Warren County, Kentucky, by addressing housing challenges and promoting economic empowerment for residents in need.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $15,305
  • Program Service Revenue: $858,543
  • Gross Receipts: $1,764,347

    • Assets and Liabilities:
  • Total Assets: $8,853,178
  • Total Liabilities: $7,818,228
  • Net Assets: $1,034,950
  • Programs

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

    HOME OWNERSHIP- SEE SCHEDULEO

    Revenue

    $589,000

    RENTAL-TARGETED POPULATION

    Revenue

    $168,034

    INSURANCE PROCEEDS

    Revenue

    $97,578

    HOME OWNERSHIP COUNSELING

    Revenue

    $3,931

    Organization Details

    Founding Year

    2003

    Principal Officer

    Abraham Williams

    Main Address

    PO BOX 116, BOWLING GREEN, KY, 421020116

    NTEE Category

    Code: L25 - Housing

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