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Moline Community Development Corporation

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

EIN: 264075669 ✦ Moline, IL ✦ Designated as a 501(c)(3)

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Overview

What is Moline Community Development Corporation?

The Moline Community Development Corporation is a nonprofit organization situated in Moline, Illinois. Its primary objective is to promote affordable living and thriving neighborhoods for the local community. They achieve this by renovating dilapidated houses using volunteer community members and paid contractors. This rehabilitation process results in improved buildings and neighborhoods. Furthermore, the corporation acquires blighted properties within the city and either razes them to create green spaces or repurposes them to enhance and stabilize low-to-moderate income areas.


Official website here: www.molinecdc.org

Is Moline Community Development Corporation legitimate?

Moline Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moline Community Development Corporation submitted a form 990EZ, 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.


Official website here: www.molinecdc.org

What is the mission statement of Moline Community Development Corporation?

The Moline Community Development Corporation is dedicated to enhancing living conditions and fostering community growth. It achieves this by promoting affordable housing, revitalizing dilapidated properties, and improving neighborhoods. This is accomplished through volunteer efforts and paid contractors, who rehabilitate houses, resulting in renovated buildings and enhanced community environments. Furthermore, the organization acquires blighted properties within the city and either converts them into green spaces or repurposes them to enhance and stabilize low-to-moderate income neighborhoods.


Official website here: www.molinecdc.org

Who is the CEO of Moline Community Development Corporation?

Christie Coverdill is the Treasurer of Moline Community Development Corporation.


Official website here: www.molinecdc.org

What is the revenue of Moline Community Development Corporation?

Moline Community Development Corporation's revenue in 2022 was $131,622.


Official website here: www.molinecdc.org

Who are the executives of Moline Community Development Corporation and what are their salaries?


Here are 10 key members and their salaries:


Mike Wendt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Meuser (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Normoyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Abel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Edmunds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sangeetha Rayapati (Mayor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Bailey (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Stoffer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jinnel Choiniere (Employee)
  • Compensation: $4,500
  • Related: $0
  • Other: $0
Christie Coverdill (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.molinecdc.org

Where can I find the form 990EZ for Moline Community Development Corporation?

Moline Community Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.molinecdc.org

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

Mission Statement of Moline Community Development Corporation

The Moline Community Development Corporation (MCDC) is dedicated to fostering affordable living, preserving housing, and promoting thriving neighborhoods for the residents of an unspecified location. To achieve these goals, the organization engages volunteer community members and paid contractors to rehabilitate dilapidated houses, resulting in renovated buildings and improved neighborhoods. Furthermore, MCDC acquires blighted properties within the city and either demolishes them to create green spaces or repurposes them, contributing to the stabilization and improvement of low-to-moderate income neighborhoods.

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Impact




October, 2024

Moline Community Development Corporation (MCDC) significantly impacts the city of Moline, IL, by fostering affordable living and revitalizing neighborhoods. Through a dedicated approach to housing rehabilitation, MCDC utilizes the efforts of community volunteers alongside paid contractors to restore dilapidated homes. This process not only improves individual properties but also enhances the overall aesthetic and stability of the neighborhoods.

By acquiring blighted properties, MCDC tackles urban decay head-on. These properties are often either razed to make way for green spaces or repurposed for better community use, which contributes to the creation of healthier environments and promotes neighborhood pride. The organization focuses on stabilizing low-to-moderate income neighborhoods, ensuring that residents have access to safe and affordable housing.

Ultimately, MCDC plays a vital role in transforming Moline, making it a more vibrant, attractive, and thriving community for its residents.




This information is meant to be a general summary of Moline Community 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.

Revenue
$131,622 (2022)
Expenses
$42,689 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6
  • Program Service Revenue: $25,000
  • Gross Receipts: $131,622

Assets and Liabilities:

  • Total Assets: $118,161
  • Total Liabilities: $0
  • Net Assets: $118,161

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Organization Details

Principal Officer

Christie Coverdill

Main Address

1506 RIVER DRIVE 4TH FLOOR, MOLINE, IL, 61265

NTEE Category

Code: S31 - Community improvement

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