Overview
What is Cdc Properties Inc?
Cdc Properties Inc is a nonprofit organization situated in Somerset, New Jersey, with a primary mission to provide decent and affordable housing for individuals with low to moderate incomes. They strive to fulfill this mission by offering housing services to those in need. Established at 771 Somerset Street, they aim to improve their community by offering affordable living options.
Is Cdc Properties Inc legitimate?
Cdc Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cdc Properties 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Cdc Properties Inc?
Cdc Properties Inc is committed to providing decent and affordable housing solutions for individuals with low and moderate income levels. Their mission is to offer housing services that cater to this demographic, ensuring they have access to suitable living conditions. The organization strives to make a significant impact in this area, contributing to a more equitable and inclusive housing landscape. By providing affordable housing options, Cdc Properties Inc aims to contribute positively to the lives of those who may otherwise struggle to secure suitable living arrangements. The organization's activities focus on offering decent housing solutions that cater to the needs of low and moderate income individuals, thereby enhancing their overall quality of life.
Who is the CEO of Cdc Properties Inc?
Robbin Cates-Caldwell is the Treasurer of Cdc Properties Inc.
What is the revenue of Cdc Properties Inc?
Cdc Properties Inc's revenue in 2022 was $0.
Who are the executives of Cdc Properties Inc and what are their salaries?
There 5 volunteers at Cdc Properties Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Cdc Properties Inc?
Cdc Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cdc Properties Inc
Cdc Properties Inc, as a nonprofit organization, is committed to a mission that is both noble and essential. Their primary goal is to provide decent and affordable housing for individuals who fall under the category of low and moderate income earners. This mission is not merely a statement, but a concrete action they undertake, extending beyond just offering housing. They also provide housing services to these individuals, ensuring that they are not just sheltered, but are living in suitable conditions that meet their needs. In essence, Cdc Properties Inc is dedicated to enhancing the living standards of those who might otherwise struggle with housing affordability.
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Impact
October, 2024
Cdc Properties Inc has a significant impact on the community by addressing the critical need for decent and affordable housing for low and moderate-income individuals and families. By focusing on providing such housing, the organization plays a vital role in enhancing the living conditions of underserved populations in Somerset, NJ.
Through its initiatives, Cdc Properties Inc not only contributes to alleviating the housing crisis but also supports economic stability and growth within the community. By offering housing services tailored to the needs of these residents, the organization helps improve their quality of life, fostering a sense of security and belonging. Additionally, affordable housing can lead to positive ripple effects in local economies, as residents have more disposable income to spend on goods and services, which benefits local businesses and promotes overall community development.
Cdc Properties Inc's commitment to creating a nurturing environment for low and moderate-income persons thus plays a pivotal role in shaping a more equitable and supportive community landscape.
This information is meant to be a general summary of Cdc Properties 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.
Assets and Liabilities:
- Total Assets: $1,373,403
- Total Liabilities: $1,405,227
- Net Assets: -$31,824
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Organization Details
Founding Year
1995
Phone
(732) 839-2413Principal Officer
Robbin Cates-Caldwell
Main Address
771 SOMERSET ST, SOMERSET, NJ, 08873
NTEE Category
Code: L20 - Housing
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