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Raleigh Community Development Corp

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

EIN: 300157378 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Raleigh Community Development Corp?

Raleigh Community Development Corp is a nonprofit organization situated in Memphis, Tennessee, with a mission to foster growth within the Raleigh Community. Their primary objectives include promoting educational opportunities for both youth and adults, as well as supporting housing and entrepreneurial ventures. Through these initiatives, they aim to empower the community and contribute to its overall development.

Is Raleigh Community Development Corp legitimate?

Raleigh Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raleigh Community Development Corp 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.

What is the mission statement of Raleigh Community Development Corp?

The Raleigh Community Development Corp's mission is centered around developing the community in Memphis. Their primary objective is to facilitate educational opportunities for both youth and adults, as well as support entrepreneurial initiatives in the realm of housing and business. By doing so, they aim to contribute positively to the community's growth and development.

Who is the CEO of Raleigh Community Development Corp?

Unavailable

What is the revenue of Raleigh Community Development Corp?

Raleigh Community Development Corp's revenue in 2020 was $131,207.

Who are the executives of Raleigh Community Development Corp and what are their salaries?


There is 1 key member and their salary:


Rhonda Logan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Raleigh Community Development Corp?

Raleigh Community Development Corp's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Raleigh Community Development Corp

Raleigh Community Development Corp, a nonprofit organization, is committed to advancing the Raleigh Community of Memphis by facilitating educational and business initiatives for both youth and adults. Their mission is twofold: firstly, they aim to provide opportunities for educational housing, enabling individuals to acquire the knowledge and skills necessary for personal growth and success. Secondly, they focus on fostering business initiatives, offering resources and support to help entrepreneurs and potential business owners establish and grow their ventures. By facilitating these initiatives, Raleigh Community Development Corp aims to contribute positively to the Raleigh Community, ultimately enhancing the overall quality of life for its residents.

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Impact




October, 2024

Raleigh Community Development Corp has a significant impact on the Raleigh community in Memphis by fostering educational opportunities and business initiatives for both youth and adults. Their efforts focus on enhancing educational access, which empowers individuals with the knowledge and skills necessary for personal and professional growth. Additionally, by facilitating housing initiatives, they contribute to a stable and supportive environment that encourages community engagement and development. Through these programs, Raleigh Community Development Corp helps to create a stronger, more resilient community that supports its residents in achieving economic stability and educational success.




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

Revenue
$131,207 (2020)
Expenses
$74,874 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $1,250
  • Program Service Revenue: $60
  • Gross Receipts: $131,207

Assets and Liabilities:

  • Total Assets: $101,696
  • Total Liabilities: $1,445
  • Net Assets: $100,251

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Organization Details

Main Address

3796 FRAYSER RALEIGH, Memphis, TN, 38128

NTEE Category

Code: P20 - Human services

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