Overview
What is National Campus And Community Development Corporation?
The National Campus and Community Development Corporation is a nonprofit organization situated in Austin, Texas, with a US address at 2630 Exposition Blvd 213. Their mission revolves around assisting in the development of essential infrastructure and facilities through tax-exempt financing. By employing this strategy, they aim to minimize the time, risk, and expense associated with public facilities development. The organization's focus includes student housing, university hotels, parking facilities, community college campus expansions, and conference centers. In addition, they engage in a wide range of activities to foster healthy communities and support schools, community colleges, public and private colleges and universities. The corporation structures public-private partnerships for state and local governments, encompassing projects such as court houses, healthcare facilities, and parking garages, with the intention of lessening the burdens of government. With a team of four employees, they strive to make infrastructure development more cost-effective and risk-free.
Official website here: www.nccdevelopment.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Star rating)
The National Campus and Community Development Corporation has received a Three-Star rating from Charity Navigator, reflecting a solid score of 81%. This rating is primarily based on their Accountability & Finance metrics, indicating a strong emphasis on financial integrity and operational transparency. The organization has demonstrated effective governance, with a majority of its board members being independent, which enhances its accountability.
Strengths include a perfect score in several areas, such as financial statements, material diversion of assets, and the implementation of key policies like conflict of interest and whistleblower protections. Additionally, the charity has an impressive program expense ratio of 98.33%, signaling that nearly all of its expenditures are directed towards its mission rather than administrative costs.
While the organization shows commendable accountability and financial practices, the overall rating indicates there could be room for improvement in areas beyond finance, such as programmatic impact or community engagement, which are not reflected in the current rating. Overall, the National Campus and Community Development Corporation appears to be a reliable nonprofit with solid governance and a strong commitment to financial responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is National Campus And Community Development Corporation legitimate?
National Campus And Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Campus And Community Development 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: $536,587
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,765
For more financial information, click here
Official website here: www.nccdevelopment.org
What is the mission statement of National Campus And Community Development Corporation?
The National Campus and Community Development Corporation aims to streamline the development process of essential infrastructure and facilities in various communities. They offer tax-exempt financing solutions to reduce costs, minimize risks, and make development opportunities more accessible. The organization's mission extends to promoting healthier communities and supporting schools, community colleges, public and private universities, and government entities. They facilitate public-private partnerships to develop courthouses, healthcare facilities, parking garages, and other vital projects, easing the burden on local and state governments. Currently, the corporation is involved in projects such as student housing, a university hotel, parking facilities, a community college campus expansion, and a conference center.
Official website here: www.nccdevelopment.org
Who is the CEO of National Campus And Community Development Corporation?
Charles G Eden is the President/Ceo of National Campus And Community Development Corporation. The CEO's salary of National Campus And Community Development Corporation is $293,750 and their total compensation is $293,750.
Official website here: www.nccdevelopment.org
What is the revenue of National Campus And Community Development Corporation?
National Campus And Community Development Corporation's revenue in 2022 was $73,390,968.
Official website here: www.nccdevelopment.org
Who are the executives of National Campus And Community Development Corporation and what are their salaries?
The average compensation at National Campus And Community Development Corporation during 2022 was $161,838. There are 4 employees at National Campus And Community Development Corporation.
Here are 6 key members and their salaries (National Campus And Community Development Corporation's CEO's salary is $293,750 and their total compensation is $293,750):
- Compensation: $293,750
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $136,913
- Related: $0
- Other: $0
Official website here: www.nccdevelopment.org
Where can I find the form 990 for National Campus And Community Development Corporation?
National Campus And Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nccdevelopment.org
Learn more at the official website: www.nccdevelopment.org
Mission Statement of National Campus And Community Development Corporation
The National Campus and Community Development Corporation (NCCD) is a dedicated organization that strives to build stronger communities by providing tax-exempt financing solutions for essential infrastructure and facilities development. Their mission is multifaceted, encompassing a broad range of activities.
NCCD works to reduce the time, risk, and expense associated with public facilities development by offering cost-effective, risk-free opportunities. They focus on assisting schools, community colleges, public and private colleges and universities in their development projects. NCCD plays a crucial role in structuring public-private partnerships for state and local governments, enabling the construction of courthouses, healthcare facilities, parking garages, and other necessary infrastructures. By lessening the burdens of government in these areas, NCCD contributes significantly to the development of vibrant, healthy communities.
Current projects undertaken by NCCD include student housing, a university hotel, parking facilities, the expansion of a community college campus, and a conference center. Through their innovative financing methods, NCCD enables the creation of much-needed facilities that improve the quality of life for community members and contribute to the long-term success of educational institutions.
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Impact
October, 2024
National Campus And Community Development Corporation (NCCD) significantly impacts community growth and development by streamlining the process of constructing essential public facilities. By offering tax-exempt financing solutions, NCCD reduces the time, risk, and costs associated with facility development, making it easier for communities to enhance their infrastructure.
Current projects include the development of student housing, a university hotel, parking facilities, a community college campus expansion, and a conference center. These initiatives not only provide much-needed services but also promote economic activity within the community.
NCCD's mission to foster healthy communities extends to various educational institutions, including schools, community colleges, and universities, through effective public-private partnerships. This collaborative approach lessens governmental burdens, paving the way for the construction of critical infrastructure such as courthouses and healthcare facilities. The culmination of these efforts contributes to building stronger, more resilient communities, improving the quality of life for residents, and supporting local economies.
This information is meant to be a general summary of National Campus And Community Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $520,132
- Program Service Revenue: $72,870,836
- Gross Receipts: $73,390,968
Assets and Liabilities:
- Total Assets: $887,216,722
- Total Liabilities: $1,014,508,770
- Net Assets: -$127,292,048
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FACILITY RENTAL & RELATED FEES
Revenue
$63,679,697
LEASE INTEREST REVENUE
Revenue
$8,985,715
LEASE MGMT & ADMIN REVENUE
Revenue
$205,424
Organization Details
Founding Year
2006
Phone
(512) 322-9650Principal Officer
Charles G Eden
Main Address
2630 EXPOSITION BLVD 213, AUSTIN, TX, 78703
Website
www.nccdevelopment.orgNTEE Category
Code: L22 - Housing
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