Overview
What is Roseville Community Development Corporation Inc?
The Roseville Community Development Corporation Inc, based in Roseville, California, is a community-focused nonprofit organization. Their primary mission revolves around promoting physical, economic, and educational development within the community. This initiative aims to foster expanded employment opportunities, economic prosperity, and housing options for all residents. The corporation achieves this by acquiring commercial properties in the downtown area and renovating them to attract buyers committed to enhancing the local landscape and environment. Additionally, they provide financial support to businesses with similar objectives through the issuance of note receivables to borrowers.
Official website here: www.rosevillecdc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (50%)
The Roseville Community Development Corporation Inc has received a 1-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score, which is a reflection of its Accountability & Finance metrics, highlights a low program expense ratio of 11.05%, suggesting that a minimal portion of its resources is being allocated to its programs and services.
Despite this low rating, the organization does have strengths, including a fully independent board and no material diversion of assets. Additionally, it possesses strong policies on conflict of interest, document retention, and maintains transparency through the availability of board meeting minutes. However, the absence of a whistleblower policy and the failure to post tax forms on its website are notable shortcomings.
Overall, while the Roseville Community Development Corporation demonstrates some positive governance aspects, it faces significant challenges in financial performance and transparency that potential donors should consider before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Roseville Community Development Corporation Inc legitimate?
Roseville Community Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roseville Community Development Corporation 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
For more financial information, click here
Official website here: www.rosevillecdc.com
What is the mission statement of Roseville Community Development Corporation Inc?
The Roseville Community Development Corporation Inc is a community-focused non-profit organization dedicated to promoting physical, economic, and educational development within its community. Its mission is to foster expanded employment opportunities, stimulate economic prosperity, and provide housing options for all residents. The corporation achieves this by engaging in city-wide development and revitalization, acquiring commercial properties in downtown areas for renovation and sale, and financing outside businesses through note receivables to borrowers with similar objectives. By doing so, the corporation contributes to improving the landscape and environment of the community.
Official website here: www.rosevillecdc.com
Who is the CEO of Roseville Community Development Corporation Inc?
Michael Isom is the Chair of Roseville Community Development Corporation Inc. The CEO's salary of Roseville Community Development Corporation Inc is $0 and their total compensation is $252,310.
Official website here: www.rosevillecdc.com
What is the revenue of Roseville Community Development Corporation Inc?
Roseville Community Development Corporation Inc's revenue in 2021 was $2,959.
Official website here: www.rosevillecdc.com
Who are the executives of Roseville Community Development Corporation Inc and what are their salaries?
Here are 5 key members and their salaries (Roseville Community Development Corporation Inc's CEO's salary is $0 and their total compensation is $252,310):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $231,331
- Other: $20,979
Official website here: www.rosevillecdc.com
Where can I find the form 990 for Roseville Community Development Corporation Inc?
Roseville Community Development Corporation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.rosevillecdc.com
Learn more at the official website: www.rosevillecdc.com
Mission Statement of Roseville Community Development Corporation Inc
The Roseville Community Development Corporation Inc is a community-focused, non-profit organization that is dedicated to promoting physical, economic, and educational development within its community. This mission aims to expand employment opportunities, foster economic prosperity, and create housing possibilities for all residents. By acquiring commercial properties in the downtown area of Roseville, the corporation renovates and sells these properties to individuals interested in enhancing the landscape and environment of the city. Additionally, the organization provides financing to outside businesses through note receivables, supporting those with similar goals. This comprehensive approach to community development seeks to improve the overall quality of life for residents of Roseville.
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Impact
August, 2024
Roseville Community Development Corporation Inc's impact can be seen through its city-wide development and revitalization efforts in Roseville, California. By acquiring commercial properties in the downtown area with the intention of renovating and selling to buyers interested in enhancing the local landscape, the organization plays a crucial role in improving the environment and economy of the Roseville area. Additionally, the financing support provided to external businesses through note receivables further contributes to the overall goal of expanded employment, economic prosperity, and housing opportunities for all residents. Through its initiatives, Roseville Community Development Corporation Inc is actively involved in fostering community improvement and creating a more vibrant and prosperous environment for all.
This information is meant to be a general summary of Roseville Community Development Corporation 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 2021.
- Investment Income: $2,959
- Gross Receipts: $329,929
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2011
Phone
(916) 774-5256Principal Officer
Michael Isom
Main Address
311 VERNON STREET, ROSEVILLE, CA, 95678
Website
www.rosevillecdc.comNTEE Category
Code: S31 - Community improvement
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