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Gsbc Community Development Corp

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

EIN: 203496884 ✦ Birmingham, AL ✦ Designated as a 501(c)(3)

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Overview

What is Gsbc Community Development Corp?

Gsbc Community Development Corp is a nonprofit organization situated in Birmingham, Alabama, specifically at 2135 Jefferson Ave SW, 35211. Their primary purpose is to serve the community by providing a secure and nurturing environment for children who are not yet in school. This allows their parents to maintain employment or pursue gainful opportunities. The organization operates under charitable, religious, educational, and scientific principles, and they are eligible for tax-exempt status under section 501(c)3. With a workforce of 31 individuals, they contribute to the betterment of their community by supporting various causes and making distributions to other qualified exempt organizations.

Is Gsbc Community Development Corp legitimate?

Gsbc Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gsbc 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: $74,524
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Gsbc Community Development Corp?

Gsbc Community Development Corp has a mission centered around charitable, religious, educational, and scientific purposes. This organization supports these objectives by making distributions to organizations that fall under the 501(c)3 category. In addition, they provide a safe, nurturing environment for children not of school age, enabling their parents to work or seek employment. This service aims to contribute positively to the community, fostering growth and development in various sectors.

Who is the CEO of Gsbc Community Development Corp?

Michael Wesley is the Wesley of Gsbc Community Development Corp.

What is the revenue of Gsbc Community Development Corp?

Gsbc Community Development Corp's revenue in 2020 was $341,072.

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

The average compensation at Gsbc Community Development Corp during 2020 was $2,404. There are 31 employees at Gsbc Community Development Corp.


Here are 4 key members and their salaries:


Dr Michael (Wesley)
  • Compensation: $13,000
  • Related: $0
  • Other: $0
Katrice (Murray)
  • Compensation: $32,678
  • Related: $0
  • Other: $0
Janice (Kelsey)
  • Compensation: $17,000
  • Related: $0
  • Other: $0
Deborah (Thomas)
  • Compensation: $11,846
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gsbc Community Development Corp?

Gsbc Community Development Corp's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Gsbc Community Development Corp

Gsbc Community Development Corp is an organization dedicated to serving charitable, religious, educational, and scientific purposes. One of their key initiatives involves providing financial support to other organizations that fall under the 501(c)3 exemption category. In a more concrete way, they operate a Child Development Center, offering a safe, loving, and nurturing environment for children who are not yet of school age. This allows parents to continue their work or pursue employment opportunities, thereby contributing to the community's overall well-being. Gsbc Community Development Corp's mission is multifaceted, encompassing various sectors and aiming to contribute positively to society by supporting other charitable organizations and providing essential services for young children.

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Impact




October, 2024

Gsbc Community Development Corp significantly enhances the lives of children and families in Birmingham, Alabama. By operating a Child Development Center, it provides a safe, loving, and nurturing environment for young children who are not yet of school age. This crucial support allows parents to pursue employment opportunities and maintain financial stability, fostering a sense of security for families in the community. Through its commitment to charitable, religious, educational, and scientific purposes, Gsbc contributes to the overall well-being of the community, ensuring that children receive the foundational care and support they need for healthy development. The organization's mission reflects a dedication to uplifting those it serves, ultimately promoting a more dynamic and empowered community.




This information is meant to be a general summary of Gsbc 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
$341,072 (2020)
Expenses
$324,549 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $209,403
  • Gross Receipts: $341,072

Assets and Liabilities:

  • Total Assets: $83,913
  • Total Liabilities: $46,877
  • Net Assets: $37,036

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Programs

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

Child Development Center

Revenue

$209,403

Organization Details

Founding Year

2005

Principal Officer

Michael Wesley

Main Address

2135 Jefferson Ave SW, Birmingham, AL, 35211

NTEE Category

Code: T30 - Philanthropy

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