Overview
What is Doma Development Corp?
Doma Development Corp is a nonprofit organization dedicated to enriching theater experiences and supporting vulnerable populations. Their primary mission involves constructing and managing affordable housing for low-income individuals, disabled, and elderly people. Simultaneously, they engage in artistic productions as a means to provide aid to runaway youth and distressed individuals. By presenting established and original musicals and plays in unique interpretations and settings, Doma Development Corp aims to surpass audience expectations beyond the conventional theater experience.
Official website here: www.domatheatre.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Star rating.
Doma Development Corp holds a Two-Star rating from Charity Navigator, which reflects a score of 74%. This rating primarily stems from its Accountability & Finance metrics, indicating a strong focus on financial stewardship. Notably, the organization boasts a fully independent board, which is a positive aspect of its governance structure, ensuring impartial decision-making.
While the organization excels in certain areas, such as having a high program expense ratio of 92.46%, which indicates effective allocation of resources towards its mission, it suffers from significant deficiencies in transparency. The lack of financial statements and the absence of required tax forms on its website detracts from its overall evaluation.
Additionally, although Doma has implemented policies such as conflict of interest and whistleblower protections, the low score in independent board size indicates potential weaknesses in governance. Overall, while the nonprofit demonstrates strengths in financial management and governance practices, improvements in transparency and board composition could enhance its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Doma Development Corp legitimate?
Doma Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Doma Development Corp 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
For more financial information, click here
Official website here: www.domatheatre.com
What is the mission statement of Doma Development Corp?
Doma Development Corp's mission is centered around two primary objectives. Firstly, they strive to provide affordable housing for low-income individuals, the disabled, and the elderly. This involves fostering, supporting, constructing, developing, acquiring, rehabilitating, managing, and operating suitable housing units. Secondly, they engage in artistic productions as a means to aid runaway youth and distressed individuals. Through these artistic endeavors, they aim to enhance audience experiences by presenting established and original musicals and plays in unique interpretations and settings.
Official website here: www.domatheatre.com
Who is the CEO of Doma Development Corp?
Rodolfo Ramos is the Ceo of Doma Development Corp. The CEO's salary of Doma Development Corp is $0 and their total compensation is $0.
Official website here: www.domatheatre.com
What is the revenue of Doma Development Corp?
Doma Development Corp's revenue in 2022 was $1,123,864.
Official website here: www.domatheatre.com
Who are the executives of Doma Development Corp and what are their salaries?
There 53 volunteers at Doma Development Corp.
Here are 3 key members and their salaries (Doma Development Corp's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.domatheatre.com
Where can I find the form 990 for Doma Development Corp?
Doma Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.domatheatre.com
Learn more at the official website: www.domatheatre.com
Mission Statement of Doma Development Corp
Doma Development Corp, a nonprofit organization, is dedicated to two significant goals. Firstly, it aims to provide affordable housing for low-income individuals, the disabled, and the elderly. This involves acquiring, developing, rehabilitating, and managing suitable properties for these groups. Secondly, Doma has a creative undertaking in the form of producing artistic productions. These productions serve as a means to aid runaway youth and distressed individuals. By presenting established and original musicals and plays in unique settings, Doma seeks to enrich the theater-going experience beyond expectations.
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Impact
October, 2024
Doma Development Corp significantly impacts the community by addressing two critical needs: affordable housing and artistic expression. By constructing, rehabilitating, and managing qualified housing, Doma provides essential support for low-income individuals, the disabled, and the elderly in Los Angeles. This commitment to creating accessible living spaces fosters stability and belonging for those often marginalized in society.
In addition, Doma engages with the arts community through the preservation and production of unique theatrical works. By presenting both established and original musicals and plays in innovative ways, Doma enhances the cultural landscape of the area. This artistic focus not only enriches the audience's experience but also plays a vital role in supporting at-risk youth and distressed individuals, giving them an opportunity for expression and healing through the arts.
Overall, Doma Development Corp creates a holistic impact, fostering both housing stability and cultural enrichment in Los Angeles.
This information is meant to be a general summary of Doma Development Corp. 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.
- Program Service Revenue: $1,123,864
- Gross Receipts: $1,123,864
Assets and Liabilities:
- Total Assets: $40,935,770
- Total Liabilities: $9,583
- Net Assets: $40,926,187
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Musical Theater Productions
Revenue
$316
Low Income Housing Partnership Income
Revenue
$1,123,548
Organization Details
Founding Year
2011
Phone
(213) 884-7483Principal Officer
Rodolfo Ramos
Main Address
300 S Santa Fe Avenue Suite P1, Los Angeles, CA, 90013
Website
www.domatheatre.comNTEE Category
Code: A65 - Arts
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