Overview
What is Riversedge Development Corporation?
Riversedge Development Corporation is a nonprofit entity primarily focused on facilitating the sale of the Uptown at Riversedge property, situated in Bay City, Michigan. Their mission is to oversee the transaction of this property, serving as a crucial intermediary in the process. While their primary objective is property sales, they may also contribute to community development or revitalization efforts, given that the sale of such a property could potentially have a significant impact on the local area.
Is Riversedge Development Corporation legitimate?
Riversedge Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Riversedge 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.
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What is the mission statement of Riversedge Development Corporation?
Riversedge Development Corporation is committed to facilitating the sale of the Uptown at Riversedge property. Their primary goal is to oversee the transfer of ownership of this property, located in Bay City, MI. By doing so, they contribute to the potential redevelopment and utilization of the property for future purposes. The corporation's activities focus solely on ensuring a smooth and successful sale process. They may provide necessary support, guidance, or resources to potential buyers, aiming to complete the transaction efficiently and effectively.
Who is the CEO of Riversedge Development Corporation?
Steven Black is the Director of Riversedge Development Corporation.
What is the revenue of Riversedge Development Corporation?
Riversedge Development Corporation's revenue in 2022 was $1,217.
Who are the executives of Riversedge Development Corporation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Riversedge Development Corporation?
Riversedge Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Riversedge Development Corporation
Riversedge Development Corporation, a notable entity, is dedicated to accomplishing a specific objective. This objective revolves around the sale of a property known as the Uptown at Riversedge, which is situated in Bay City, MI. By facilitating the sale of this property, Riversedge Development Corporation plays a pivotal role in driving certain developments or changes within its respective sphere. The corporation's mission is not just about selling a property; it is an active participation in the real estate market, contributing to economic growth and potential transformations in the area.
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Impact
October, 2024
Riversedge Development Corporation has a significant impact by facilitating the sale of the Uptown at Riversedge property in Bay City, MI. This initiative plays a critical role in community improvement efforts within the area. By managing the transaction of this key property, Riversedge Development Corporation enhances economic prospects, stimulates local investment, and contributes to the revitalization of the Bay City community. The successful sale of the Uptown at Riversedge property is expected to attract new businesses and residents, fostering a more vibrant and sustainable local environment.
This information is meant to be a general summary of Riversedge 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: $1,217
- Gross Receipts: $1,217
Assets and Liabilities:
- Total Assets: $147,855
- Total Liabilities: $0
- Net Assets: $147,855
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Organization Details
Founding Year
2007
Phone
(989) 839-5294Principal Officer
Steven Black
Main Address
1002 GERMANIA AVE, BAY CITY, MI, 48706
NTEE Category
Code: S20 - Community improvement
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