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Lower Cape Cod Community Develop- Ment Corporation

Community Development Partnership

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

EIN: 223191450 ✦ Eastham, MA ✦ Designated as a 501(c)(3)

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Overview

What is Lower Cape Cod Community Develop- Ment Corporation?

Lower Cape Cod Community Development Corporation, known as Community Development Partnership, is a nonprofit organization situated in Eastham, Massachusetts. With a mission to foster a vibrant Lower Cape region, they focus on environmental and economic sustainability, expanding opportunities for low-and moderate-income residents, and preserving the area's unique cultural and historic character. One of their key initiatives is a Housing Rehabilitation Program, providing financial assistance to income-qualified residents to maintain their properties in good condition for the long term. This program helps preserve existing homes for year-round residents within the 80% median area income threshold. The corporation operates with a team of 20 dedicated individuals.


Official website here: www.capecdp.org

What are the reviews and ratings of this charity?

Charity Navigator rates the Lower Cape Cod Community Development Corporation with a score of 66%, which translates to a Two-Star out of Four Star rating. This rating indicates that while the organization shows some strengths, there are significant areas needing improvement, particularly in accountability and financial transparency.

One notable strength of the organization is its governance structure, as it boasts 100% independent board members and adheres to various policies such as conflict of interest and whistleblower protections. The organization also demonstrates a strong commitment to program expenses, with an impressive program expense ratio of 84.84%, suggesting that a substantial portion of its funds is directed toward its mission.

However, the charity's weaknesses are evident, particularly in financial reporting, as it has not provided financial statements, which negatively impacts its overall score. Additionally, the liabilities to assets ratio of 70.31% raises concerns about financial stability. These limitations highlight the need for the organization to enhance its financial transparency to build greater trust with donors and stakeholders.


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

What do the Facebook reviews say about Lower Cape Cod Community Develop- Ment Corporation?

88% of the five reviewers on Facebook recommend the Lower Cape Cod Community Development Corporation. Here is a summary of their reviews:

The organization is praised for its commitment to supporting individuals and small businesses in the Lower Cape area. Reviewers highlight the impact of its services, particularly in promoting sustainability and providing essential resources to the community. The positive remarks reflect a sense of trust in the organization’s mission and effectiveness in fostering local development.

Overall, the feedback indicates a strong approval for the nonprofit and its initiatives aimed at enhancing the livelihood of the area’s residents and businesses.


This AI summary has been generated from reviews found on Facebook.

Is Lower Cape Cod Community Develop- Ment Corporation legitimate?

Lower Cape Cod Community Develop- Ment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lower Cape Cod Community Develop- Ment 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: $1,319,783

For more financial information, click here


Official website here: www.capecdp.org

What is the mission statement of Lower Cape Cod Community Develop- Ment Corporation?

The Lower Cape Cod Community Development Corporation is committed to fostering a thriving lower region by advocating for environmental and economic sustainability. They strive to expand opportunities for low- and moderate-income residents and preserve the region's unique cultural and historical character. One of their initiatives includes a housing rehabilitation program, which provides financial assistance to income-qualified residents, enabling them to make necessary home repairs and maintain their properties for long-term use. This program aims to preserve existing homes, ensuring year-round residence for individuals at or below 80% of the median area income.


Official website here: www.capecdp.org

Who is the CEO of Lower Cape Cod Community Develop- Ment Corporation?

Jay Coburn is the President of Lower Cape Cod Community Develop- Ment Corporation.


Official website here: www.capecdp.org

What is the revenue of Lower Cape Cod Community Develop- Ment Corporation?

Lower Cape Cod Community Develop- Ment Corporation's revenue in 2022 was $4,716,908.


Official website here: www.capecdp.org

Who are the executives of Lower Cape Cod Community Develop- Ment Corporation and what are their salaries?

The average compensation at Lower Cape Cod Community Develop- Ment Corporation during 2022 was $65,989. There are 20 employees and 29 volunteers at Lower Cape Cod Community Develop- Ment Corporation.


Here are 18 key members and their salaries:


Jay Coburn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Ruchinskas (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Cusack (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Maule (Cheif Prop.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen M Boyce (Cheif Fin. O)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Aldana (Cheif Prog.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Cole (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carole Ridley (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Cole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raphael Richter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Polly Bryson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristy Senatori (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Stern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Foss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marin Reinhardt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Wolf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Maccready (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Koven (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.capecdp.org

Where can I find the form 990 for Lower Cape Cod Community Develop- Ment Corporation?

Lower Cape Cod Community Develop- Ment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.capecdp.org

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

Mission Statement of Lower Cape Cod Community Develop- Ment Corporation

Lower Cape Cod Community Development Corporation is dedicated to fostering a lively lower Cape region by advocating for environmental and economic sustainability. This nonprofit organization aims to broaden opportunities for low- and moderate-income residents while preserving the unique cultural and historic character of the area. One of the ways they achieve this mission is through their Housing Rehabilitation Program. In this program, income-qualified residents receive financial assistance to cover critical home repairs, thereby ensuring that their properties remain in good condition for an extended period. This initiative ultimately helps year-round residents living below 80% of the median area income to maintain their homes, thus contributing to the overall vitality of the lower Cape region.

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Impact




October, 2024

Lower Cape Cod Community Development Corporation significantly impacts the Lower Cape region by fostering environmental and economic sustainability, which is essential for the area's overall health. By expanding opportunities for low- and moderate-income residents, they contribute to a more equitable and inclusive community. Their Housing Rehabilitation Program plays a crucial role in this mission, offering financial assistance to income-qualified residents for critical home repairs. This initiative not only helps maintain the integrity of homes but also ensures that properties remain in good condition for the long term, thereby supporting year-round residency.

Moreover, the organization helps preserve the unique cultural and historic character of the region, which is vital for maintaining the community's identity and appeal. Through their efforts, they nurture a vibrant, sustainable community that benefits both current residents and future generations, facilitating a balanced approach to development and preservation in the Lower Cape.




This information is meant to be a general summary of Lower Cape Cod Community Develop- Ment 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
$4,716,908 (2022)
Expenses
$3,684,403 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,080
  • Program Service Revenue: $1,052,635
  • Gross Receipts: $4,716,908

Assets and Liabilities:

  • Total Assets: $11,076,232
  • Total Liabilities: $7,951,730
  • Net Assets: $3,124,502

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Programs

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

PROGRAM INCOME

Revenue

$1,052,635

Organization Details

Founding Year

1992

Principal Officer

Jay Coburn

Main Address

3 MAIN STREET MERCANTILE UNIT 7, EASTHAM, MA, 02642

NTEE Category

Code: L20Z - Housing

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