Overview
What is Grace And Truth Comm Dev Corp?
Grace And Truth Comm Dev Corp is a small nonprofit organization situated in Jacksonville, Florida, specifically at 932 North Shore Drive. Their primary mission is to create affordable housing options for those with lower to moderate incomes residing in the northwest area of Jacksonville. The organization is dedicated to this cause, developing housing for sale or rental purposes, aiming to contribute to the local community by providing affordable living solutions. With a small team of two individuals, they continue to work towards this goal.
Official website here: www.graceandtruthcdc.org
Is Grace And Truth Comm Dev Corp legitimate?
Grace And Truth Comm Dev Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace And Truth Comm Dev 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: $92,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,492
For more financial information, click here
Official website here: www.graceandtruthcdc.org
What is the mission statement of Grace And Truth Comm Dev Corp?
Grace and Truth Communication Development Corporation is committed to developing affordable housing options for individuals with low and moderate income living in certain areas. Their mission encompasses the creation of both for-sale and rental properties, catering to this income group. The primary objective of the corporation is to contribute positively to housing affordability, thereby improving the living conditions of a significant segment of the population. By developing such housing, the corporation aims to contribute to a more equitable and inclusive community.
Official website here: www.graceandtruthcdc.org
Who is the CEO of Grace And Truth Comm Dev Corp?
Bishop Em Johnson is the CEO of Grace And Truth Comm Dev Corp The CEO's salary of Grace And Truth Comm Dev Corp is $92,345 and their total compensation is $92,345.
Official website here: www.graceandtruthcdc.org
What is the revenue of Grace And Truth Comm Dev Corp?
Grace And Truth Comm Dev Corp's revenue in 2022 was $238,219.
Official website here: www.graceandtruthcdc.org
Who are the executives of Grace And Truth Comm Dev Corp and what are their salaries?
The average compensation at Grace And Truth Comm Dev Corp during 2022 was $54,918. There are 2 employees at Grace And Truth Comm Dev Corp.
Here are 5 key members and their salaries (Grace And Truth Comm Dev Corp's CEO's salary is $92,345 and their total compensation is $92,345):
- Compensation: $92,345
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.graceandtruthcdc.org
Where can I find the form 990 for Grace And Truth Comm Dev Corp?
Grace And Truth Comm Dev Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.graceandtruthcdc.org
Learn more at the official website: www.graceandtruthcdc.org
Mission Statement of Grace And Truth Comm Dev Corp
Grace And Truth Comm Dev Corp is dedicated to an important mission: to develop affordable housing options for individuals and families with modest incomes residing in the Northwest area of Jacksonville, Florida. This nonprofit organization has a clear goal of creating housing for sale and rental occupancy that is within the financial reach of these individuals, thereby addressing a significant housing need in the community. By focusing on affordable housing, Grace And Truth Comm Dev Corp is making a substantial contribution to improving the living conditions and overall well-being of its target population.
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Impact
October, 2024
Grace And Truth Comm Dev Corp significantly impacts the Northwest area of Jacksonville, Florida, by addressing the critical need for affordable housing. By focusing on developing homes for low and moderate-income individuals and families, the organization directly contributes to improving the quality of life for residents in the community. This initiative helps reduce housing instability and ensures that more people have access to safe and affordable places to live.
Through various housing projects aimed at both sale and rental occupancy, Grace And Truth Comm Dev Corp not only enhances living conditions but also fosters community development. By prioritizing affordable housing solutions, the organization plays a pivotal role in promoting economic stability and growth within the area. This is essential in a region where many residents may struggle to find suitable housing that fits within their financial means, thus creating a ripple effect that benefits the entire community.
This information is meant to be a general summary of Grace And Truth Comm Dev 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.
- Investment Income: $2
- Program Service Revenue: $80,881
- Gross Receipts: $238,219
Assets and Liabilities:
- Total Assets: $745,591
- Total Liabilities: $1,855,244
- Net Assets: -$1,109,653
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$80,881
Organization Details
Founding Year
2001
Principal Officer
Ellis Maduaka-Cain
Website
www.graceandtruthcdc.orgNTEE Category
Code: L20 - Housing
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