Overview
What is Washington County Community Development Corporation?
Washington County Community Development Corporation is a nonprofit organization situated in Wakefield, Rhode Island. With a single employee, they primarily engage in the development and management of affordable housing, as well as administering Community Development Block Grant (CDBG) programs for nine local municipalities. Their initiatives have resulted in the construction of a 43-unit affordable housing complex, along with renovations to three family dwellings located at Shannock Village Road. The corporation plays a crucial role in promoting affordable housing and grant management within Washington County, Rhode Island.
Official website here: www.washingtoncountycdc.org
Is Washington County Community Development Corporation legitimate?
Washington County Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington County Community 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,000
For more financial information, click here
Official website here: www.washingtoncountycdc.org
What is the mission statement of Washington County Community Development Corporation?
The Washington County Community Development Corporation is dedicated to the development and management of affordable housing, as well as overseeing Community Development Block Grant (CDBG) funds. Their mission extends to managing CDBG programs for nine local municipalities. They have undertaken the development of a 43-unit affordable housing project and completed renovations on three family dwellings at 215 Shannock Village Road. This organization's primary focus is on providing affordable housing solutions and managing related grants within their community.
Official website here: www.washingtoncountycdc.org
What is the revenue of Washington County Community Development Corporation?
Washington County Community Development Corporation's revenue in 2021 was $202,614.
Official website here: www.washingtoncountycdc.org
Who are the executives of Washington County Community Development Corporation and what are their salaries?
The average compensation at Washington County Community Development Corporation during 2021 was $60,000. There is 1 employee and 5 volunteers at Washington County Community Development Corporation.
Here are 6 key members and their salaries:
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- Compensation: $60,000
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Official website here: www.washingtoncountycdc.org
Where can I find the form 990 for Washington County Community Development Corporation?
Washington County Community Development Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.washingtoncountycdc.org
Learn more at the official website: www.washingtoncountycdc.org
Mission Statement of Washington County Community Development Corporation
Washington County Community Development Corporation, abbreviated as WCCDC, is committed to the development and management of affordable housing and Community Development Block Grant (CDBG) programs. Specifically, this nonprofit organization focuses on providing affordable housing solutions and overseeing CDBG grants for nine municipalities within its jurisdiction.
WCCDC's primary mission revolves around enhancing the living conditions of individuals and families by developing and managing affordable housing units. This mission is achieved through various initiatives, such as overseeing the leasing of properties and managing CDBG programs. Furthermore, the organization is actively involved in the construction of new affordable housing units. For instance, WCCDC recently completed the development of a 43-unit affordable housing complex, demonstrating its commitment to addressing the housing needs of its community.
In addition to its focus on housing development, WCCDC also manages the CDBG program for its associated municipalities. This role involves ensuring that the funds allocated to these areas are utilized effectively and efficiently to improve the overall quality of life for residents. By overseeing the CDBG program, WCCDC plays a vital role in fostering community development and promoting affordable housing opportunities for various socio-economic groups.
In summary, Washington County Community Development Corporation is a dedicated organization that works tirelessly to provide affordable housing solutions and manage CDBG grants for its associated municipalities. Through its various initiatives, WCCDC strives to improve living conditions, promote community development, and ensure that affordable housing opportunities are available to all, thereby contributing to a more equitable and inclusive society.
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Impact
October, 2024
Washington County Community Development Corporation significantly impacts the region by enhancing access to affordable housing and effectively managing critical community development block grant (CDBG) programs. By overseeing the CDBG program for nine municipalities, it ensures that vital resources are allocated to support housing initiatives. The organization has successfully developed 43 units of affordable housing, addressing the need for more accessible living options in the area. Additionally, it has revitalized the community through the renovation of a three-family affordable dwelling at 215 Shannock Village Road, contributing to the overall improvement of housing quality in Washington County, Rhode Island. Through these efforts, it plays a crucial role in fostering stable, thriving communities.
This information is meant to be a general summary of Washington County 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $9,835
- Program Service Revenue: $152,461
- Gross Receipts: $476,435
Assets and Liabilities:
- Total Assets: $6,800,827
- Total Liabilities: $1,705,146
- Net Assets: $5,095,681
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISCELLANEOUS
Revenue
$2,075
PROPERTY MANAGEMENT INCOME
Revenue
$10,413
DEVELOPER'S FEES
Revenue
$139,973
Organization Details
Founding Year
2005
Principal Officer
William Dilibero
Website
www.washingtoncountycdc.orgNTEE Category
Code: L20 - Housing
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