Skills Development Inc

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

EIN: 251620804 ✦ State college, PA ✦ Designated as a 501(c)(3)

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Overview

What is Skills Development Inc?

Skills Development Inc is a nonprofit organization situated in State College, Pennsylvania, specifically at 341 North Science Park Road 6. Their primary mission is to provide affordable housing options for qualified individuals, overseeing an 18-unit HUD project in Altoona, PA. By offering low-income housing, this organization aims to contribute positively to the local community, ensuring that individuals in need have a secure living space.

Is Skills Development Inc legitimate?

Skills Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Skills 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: $4,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,490

For more financial information, click here

What is the mission statement of Skills Development Inc?

Skills Development Inc is committed to serving qualified individuals by providing them with affordable housing. Their primary mission is to offer low-income housing solutions, as evident in their operation of an 18-unit HUD project. The organization's goal is to contribute to the housing needs of those who require assistance, thereby enhancing their living conditions. While the information provided does not detail further aspects of their mission, it is clear that Skills Development Inc focuses on providing affordable housing as a means of improving the lives of its residents.

Who is the CEO of Skills Development Inc?

James Cimino is the Ex. Officio Director of Skills Development Inc.

What is the revenue of Skills Development Inc?

Skills Development Inc's revenue in 2023 was $177,887.

Who are the executives of Skills Development Inc and what are their salaries?


Here are 6 key members and their salaries:


Todd Dieffenbach (Ex. Officio Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Malone (Community Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Springer (Community Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Knarr (Ex. Officio Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Val Berner (Ex. Officio Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Skills Development Inc?

Skills Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Skills Development Inc

Skills Development Inc, as a nonprofit organization, is dedicated to providing low-income housing opportunities for qualified individuals. Their mission is centered around this objective, aiming to provide a sanctuary for those in need. The organization accomplishes this through its involvement in an 18-unit HUD project, located in Altoona, PA. By providing housing, Skills Development Inc contributes to the betterment of the community, offering a secure and stable living environment to those who might not otherwise have access to such resources. The organization's efforts in this regard aim to promote equity and social mobility, making a significant difference in the lives of its residents.

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Impact




October, 2024

Skills Development Inc significantly impacts the community by providing low-income housing to qualified individuals in an 18-unit HUD project located in Altoona, PA. By offering affordable housing options, the organization contributes to stability and improved living conditions for its residents, enabling them to focus on their personal and economic growth. This initiative addresses the pressing need for accessible housing in the area, supporting individuals and families in overcoming barriers related to housing insecurity. Through its mission, Skills Development Inc fosters a stronger, more resilient community.




This information is meant to be a general summary of Skills 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.

Revenue
$177,887 (2023)
Expenses
$165,650 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $417
  • Program Service Revenue: $48,867
  • Gross Receipts: $177,887

Assets and Liabilities:

  • Total Assets: $520,408
  • Total Liabilities: $517,920
  • Net Assets: $2,488

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Programs

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

RENTAL INCOME

Revenue

$48,867

Organization Details

Founding Year

1991

Principal Officer

James Cimino

Main Address

341 NORTH SCIENCE PARK ROAD 6, STATE COLLEGE, PA, 16803

NTEE Category

Code: Z99Z - Unknown

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