Overview
What is Credo Housing Development Inc?
Credo Housing Development Inc, located at 1569 Thomaston Ave, Waterbury, CT 06704, is a dedicated nonprofit organization with a single employee. Their mission is to tackle the critical shortage of decent, safe, and affordable housing for low-income households in Waterbury. To achieve this, they not only provide such housing themselves but also aid other nonprofit entities in accomplishing the same goal. By doing so, they contribute significantly to uplifting the living conditions of the less fortunate residents in their community.
Is Credo Housing Development Inc legitimate?
Credo Housing Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Credo Housing Development Inc 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: $48,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Credo Housing Development Inc?
Credo Housing Development Inc is committed to addressing the critical shortage of decent, safe, and affordable housing for low-income households. Their mission is to provide such housing solutions and assist other nonprofit entities in achieving the same goal. The organization strives to make housing accessible for individuals who are financially disadvantaged, contributing to a more equitable living environment for these communities.
Who is the CEO of Credo Housing Development Inc?
Robert Dorr is the Secretary of Credo Housing Development Inc.
What is the revenue of Credo Housing Development Inc?
Credo Housing Development Inc's revenue in 2022 was $300,649.
Who are the executives of Credo Housing Development Inc and what are their salaries?
The average compensation at Credo Housing Development Inc during 2022 was $48,000. There is 1 employee and 10 volunteers at Credo Housing Development Inc.
Here are 9 key members and their salaries:
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- Compensation: $48,000
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Where can I find the form 990 for Credo Housing Development Inc?
Credo Housing Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Credo Housing Development Inc
Credo Housing Development Inc is a nonprofit organization committed to addressing the critical shortage of decent, safe, and affordable housing for low-income households. Their mission is to provide such housing solutions, going beyond their own operations to assist other nonprofit entities in achieving the same goal. By doing so, they aim to contribute significantly to alleviating the housing challenges faced by individuals in need.
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Impact
October, 2024
Credo Housing Development Inc addresses the critical shortage of decent, safe, and affordable housing for low-income households in Waterbury, CT. By providing quality housing solutions, the organization plays a pivotal role in improving the living conditions of vulnerable populations. Through its efforts, it not only directly facilitates better housing opportunities for individuals in need but also supports other entities with similar missions, amplifying the overall impact on the community. This collaborative approach helps to create a more sustainable housing environment, ensuring that more families have access to the safe and affordable living conditions they deserve. Ultimately, Credo Housing Development Inc fosters stability and growth within the community by tackling essential housing challenges and empowering low-income households.
This information is meant to be a general summary of Credo Housing Development Inc. 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: $205,211
- Program Service Revenue: $95,438
- Gross Receipts: $400,438
Assets and Liabilities:
- Total Assets: $898,668
- Total Liabilities: $12,860
- Net Assets: $885,808
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFORDABLE HOUSING RENT
Revenue
$95,438
Organization Details
Founding Year
1987
Phone
(203) 437-7960Principal Officer
Robert Dorr
Main Address
1569 THOMASTON AVE, WATERBURY, CT, 06704
NTEE Category
Code: L20Z - Housing
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