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Franklin County Community Develop- Ment & Land Trust Corporation

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

EIN: 204329498 ✦ Eastpoint, FL ✦ Designated as a 501(c)(3)

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Overview

What is Franklin County Community Develop- Ment & Land Trust Corporation?

The Franklin County Community Development & Land Trust Corporation is a nonprofit organization situated in Eastpoint, Florida (PO Box 801, FL 32328). Their primary mission is to improve the physical, economic, and social environment of Franklin County by addressing critical issues, particularly focusing on the needs of individuals with very low, low, and moderate income. They undertake community development activities, which may involve housing and economic development projects, primarily within their operational area. The nonprofit's objectives also include lessening government burdens, reducing neighborhood tensions, combating prejudice, eliminating discrimination, and combating community deterioration. Furthermore, they aid, support, and assist other charitable, educational, or scientific organizations through gifts, contributions, or other means, without benefiting private shareholders or individuals.


Official website here: www.franklincountyhousing.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)

The Franklin County Community Development & Land Trust Corporation has received an overall score of 83%, reflecting a solid performance in accountability and finance. The rating is based entirely on a single beacon score, which indicates a strong commitment to financial transparency and responsible governance with a significant portion of their funding directed towards program expenses, achieving a program expense ratio of 97.31%.

Strengths of the organization include a fully independent board and effective financial management, evidenced by their low liabilities to assets ratio of 2.86% and the absence of any material diversion of assets. Additionally, the organization has established conflict of interest and whistleblower policies, although the latter was not available for verification on their website.

Despite these strengths, the organization has notable limitations including the absence of a whistleblower policy and document retention and destruction policies. Furthermore, they have not made their tax form available on their website, which may hinder transparency. Overall, while the Franklin County Community Development & Land Trust Corporation demonstrates strong accountability, there are areas needing improvement to enhance transparency and governance practices.


This AI summary has been generated from information found on Charity Navigator.

Is Franklin County Community Develop- Ment & Land Trust Corporation legitimate?

Franklin County Community Develop- Ment & Land Trust Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin County Community Develop- Ment & Land Trust 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


Official website here: www.franklincountyhousing.org

What is the mission statement of Franklin County Community Develop- Ment & Land Trust Corporation?

The Franklin County Community Development & Land Trust Corporation aims to engage in community development activities, primarily in its operational area, to improve the physical, economic, or social environment of the region. This is done by addressing critical problems, focusing on the needs of individuals with low to moderate income. The organization strives to lessen government burdens, reduce neighborhood tensions, eliminate prejudice and discrimination, and combat community deterioration. Additionally, it aids, supports, and assists other charitable, educational, or scientific organizations, ensuring that their earnings do not benefit any private shareholder or individual excessively. The corporation's primary activities, although not exclusive, involve housing and economic development initiatives.


Official website here: www.franklincountyhousing.org

Who is the CEO of Franklin County Community Develop- Ment & Land Trust Corporation?

Cliff Butler is the Treasurer of Franklin County Community Develop- Ment & Land Trust Corporation.


Official website here: www.franklincountyhousing.org

What is the revenue of Franklin County Community Develop- Ment & Land Trust Corporation?

Franklin County Community Develop- Ment & Land Trust Corporation's revenue in 2022 was $3,035.


Official website here: www.franklincountyhousing.org

Who are the executives of Franklin County Community Develop- Ment & Land Trust Corporation and what are their salaries?

There 6 volunteers at Franklin County Community Develop- Ment & Land Trust Corporation.


Here are 6 key members and their salaries:


Cliff Butler (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Butler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Hartman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Lease (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Swoboda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valentina Webb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.franklincountyhousing.org

Where can I find the form 990 for Franklin County Community Develop- Ment & Land Trust Corporation?

Franklin County Community Develop- Ment & Land Trust Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.franklincountyhousing.org

Learn more at the official website: www.franklincountyhousing.org

Mission Statement of Franklin County Community Develop- Ment & Land Trust Corporation

The Franklin County Community Development & Land Trust Corporation is dedicated to engaging in community development activities, primarily within its operational area. The organization's primary objective is to enhance the physical, economic, and social environment of Franklin County, Florida, by addressing critical issues affecting low-income residents. These activities may encompass housing and economic development projects.

In addition to this, the corporation aims to lessen the burdens of government, reduce neighborhood tensions, eliminate prejudice and discrimination, and combat community deterioration. The organization also supports other charitable, educational, or scientific corporations, community chests, funds, and foundations, ensuring that their net earnings do not benefit any private shareholder or individual, and that their activities do not constitute a substantial part of their overall operations.

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Impact




August, 2024

Franklin County Community Development & Land Trust Corporation's impact is focused on engaging in community development activities in Franklin County, Florida. Their activities aim to improve the physical, economic, and social environment of the area by addressing critical problems and catering to the needs of individuals with very low, low, and moderate incomes. By undertaking housing and economic development initiatives, the organization works to reduce government burdens, alleviate neighborhood tensions, eliminate prejudice and discrimination, and combat community deterioration. Their mission includes supporting other charitable, educational, and scientific organizations that align with their goals. In essence, the corporation plays a vital role in enhancing the overall well-being and quality of life for members of the Franklin County community.




This information is meant to be a general summary of Franklin County Community Develop- Ment & Land Trust 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
$3,035 (2022)
2019202020212022$0$150k$300k$450k$600k
Expenses
$12,047 (2022)
2019202020212022$0$25,000$50,000$75,000$100k
Efficiency
20192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $585
  • Program Service Revenue: $2,450
  • Gross Receipts: $3,035

Assets and Liabilities:

  • Total Assets: $500,913
  • Total Liabilities: $14,157
  • Net Assets: $486,756

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Programs

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

RENTAL TO LOW INCOME QUALIFED

Revenue

$2,410

LATE FEES EARNED PROGRAM

Revenue

$40

Organization Details

Founding Year

2006

Principal Officer

Cliff Butler

Main Address

PO BOX 801, EASTPOINT, FL, 32328

NTEE Category

Code: L200 - Housing

If you are a representative of Franklin County Community Develop- Ment & Land Trust Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.