Overview
What is St Michaels Redevelopment Corporation?
St. Michael's Redevelopment Corporation is a nonprofit organization that collaborates with government entities to address the housing needs of low-income populations. Their primary focus lies in the renovation and maintenance of properties, which are later sold at a later date to provide affordable housing options for this demographic. They contribute significantly to the community by developing and providing housing opportunities.
Is St Michaels Redevelopment Corporation legitimate?
St Michaels Redevelopment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Michaels Redevelopment Corporation submitted a form 990EZ, 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.
What is the mission statement of St Michaels Redevelopment Corporation?
St. Michaels Redevelopment Corporation's mission is centered around aiding various government entities in facilitating affordable housing options for low-income populations. The organization carries out this mission by overseeing the maintenance of properties intended for future renovation and resale. The primary goal is to provide affordable housing solutions for those in need, contributing to a more equitable housing landscape.
The corporation's activities encompass the development and provision of housing opportunities for individuals who fall under the low-income bracket. Their strategies involve the upkeep of properties, which will be transformed and offered for sale at a later stage. This mission aims to contribute to a more inclusive housing market and improve living conditions for those who require affordable housing solutions.
Who is the CEO of St Michaels Redevelopment Corporation?
Don Bibb is the Ceo of St Michaels Redevelopment Corporation. The CEO's salary of St Michaels Redevelopment Corporation is $0 and their total compensation is $0.
What is the revenue of St Michaels Redevelopment Corporation?
St Michaels Redevelopment Corporation's revenue in 2022 was $35.
Who are the executives of St Michaels Redevelopment Corporation and what are their salaries?
Here are 3 key members and their salaries (St Michaels Redevelopment Corporation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for St Michaels Redevelopment Corporation?
St Michaels Redevelopment Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of St Michaels Redevelopment Corporation
St. Michael's Redevelopment Corporation is committed to aiding various government entities in creating and upgrading housing solutions for individuals with limited financial means. Their mission involves managing properties that are set to undergo renovations, with the intent of reselling them at a later stage. This nonprofit organization plays a significant role in addressing the housing needs of the low-income population, contributing to the betterment of communities and the lives of those who reside in them.
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Impact
October, 2024
St. Michaels Redevelopment Corporation significantly impacts the community by facilitating the development of housing opportunities for low-income populations. By collaborating with various government entities, it plays a crucial role in addressing housing needs. The Corporation actively works to maintain and renovate properties, preparing them for future resale. This not only helps improve the living conditions for individuals and families in need but also contributes to the overall revitalization of the St. Michaels area. By focusing on sustainable housing solutions, it fosters community development and enhances the quality of life for residents.
This information is meant to be a general summary of St Michaels 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $35
- Gross Receipts: $35
Assets and Liabilities:
- Total Assets: $272,458
- Total Liabilities: $100,868
- Net Assets: $171,590
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Organization Details
Phone
(410) 745-5121Principal Officer
Don Bibb
Main Address
221 Dodson Avenue, St Michaels, MD, 21663
NTEE Category
Code: L20 - Housing
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