Overview
What is Citybuild Community Development Corporation?
The Citybuild Community Development Corporation is a nonprofit organization situated in Dallas, Texas, specifically at 2615 Valentine Street. Their primary focus is on promoting and boosting community development within the lower-income areas of the city. They achieve this by providing affordable housing options and managing rental properties. Furthermore, the organization supports education and real estate development in these underserved communities, with a significant emphasis on the Bonton area of Dallas. Their mission is to foster sustainable growth and improvement in these communities, ultimately enhancing the quality of life for its residents.
What are the reviews and ratings of this charity?
Charity Navigator rating: 82%, Three-Star out of Four Star rating.
Citybuild Community Development Corporation has received a solid rating of 82%, which indicates a commendable level of accountability and financial health. The score is based entirely on their Accountability & Finance metrics, reflecting their strong governance practices and responsible financial management. Notably, the organization boasts a fully independent board, which is a significant strength as it enhances transparency and minimizes conflicts of interest.
The financial performance further underscores Citybuild's effective resource management, as evidenced by their impressive program expense ratio of 91.33%. This suggests that a substantial portion of their expenditures is directed towards their programs, indicating a strong commitment to their mission. Additionally, the organization has demonstrated sound financial practices, such as having no material diversion of assets and maintaining a low liabilities to assets ratio of 9.65%.
While the rating is favorable, it is important to keep in mind that the overall evaluation is primarily based on financial metrics. Stakeholders may want to consider additional factors such as program impact and community feedback for a more comprehensive assessment of the organization's effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Citybuild Community Development Corporation legitimate?
Citybuild Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Citybuild 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $187,816
For more financial information, click here
What is the mission statement of Citybuild Community Development Corporation?
The Citybuild Community Development Corporation is dedicated to promoting and supporting community development in underserved areas, specifically focusing on lower income communities in Dallas, Texas. Their mission is to foster affordable housing options, enhance education, and engage in real estate development in these areas, with a particular emphasis on the Bonton neighborhood of Dallas. The organization's primary activity involves constructing affordable housing and providing property management services for rental units in these communities.
Who is the CEO of Citybuild Community Development Corporation?
Gabe Madison is the Director/President of Citybuild Community Development Corporation.
What is the revenue of Citybuild Community Development Corporation?
Citybuild Community Development Corporation's revenue in 2022 was $1,938,483.
Who are the executives of Citybuild Community Development Corporation and what are their salaries?
There 6 volunteers at Citybuild Community Development Corporation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Citybuild Community Development Corporation?
Citybuild Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Citybuild Community Development Corporation
Citybuild Community Development Corporation, as a nonprofit organization, is dedicated to fostering community development in lower-income areas, specifically focusing on Dallas, Texas. Their mission is to support this community by promoting affordable housing options, enhancing education, and investing in real estate development. With a strong emphasis on the Bonton area of Dallas, Citybuild is committed to uplifting these under-served communities, thereby contributing to their overall improvement and development. The organization's efforts are mainly centered around building affordable housing and providing property management services for rental units, ensuring that those in need have access to suitable living spaces.
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Impact
October, 2024
Citybuild Community Development Corporation significantly impacts lower-income areas of Dallas, Texas, by promoting community development through various strategic initiatives. The organization focuses on building affordable housing, which provides essential living options for residents in these underserved neighborhoods. In addition to constructing homes, Citybuild offers property management services to ensure that affordable rental units are well-maintained and accessible to those in need.
With a particular emphasis on the Bonton area, Citybuild fosters real estate development and education, empowering residents and enhancing local infrastructure. The efforts of Citybuild not only contribute to improving living conditions but also invigorate the community, creating a more stable and resilient environment for future generations. Through its programs, Citybuild plays a crucial role in combating housing insecurity and supporting the overall well-being of the Dallas community.
This information is meant to be a general summary of Citybuild 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: $5,494
- Gross Receipts: $1,938,483
Assets and Liabilities:
- Total Assets: $5,488,048
- Total Liabilities: $530,138
- Net Assets: $4,957,910
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Organization Details
Founding Year
2007
Phone
(972) 982-2245Principal Officer
Gabe Madison
Main Address
2612 VALENTINE STREET, DALLAS, TX, 75215
NTEE Category
Code: S20 - Community improvement
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