Cbt Development Inc

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

EIN: 341270284 ✦ Cleveland, OH ✦ Designated as a 501(c)(4)

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Overview

What is Cbt Development Inc?

CBT Development Inc, situated in Cleveland, Ohio, is a dedicated nonprofit organization. Its primary mission is to offer affordable housing solutions for the elderly, focusing exclusively on senior citizens' housing and retirement communities. Through its programs, the organization strives to cater to the housing needs of this demographic, thereby enhancing their quality of life.

Is Cbt Development Inc legitimate?

Cbt Development Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Cbt Development 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

What is the mission statement of Cbt Development Inc?

CBT Development Inc's mission is centered around providing affordable housing for the elderly. They accomplish this through their specialized programs, which primarily focus on senior citizens' housing and retirement communities. Although the information does not provide details, it can be inferred that their goal is to ensure elderly individuals have access to suitable living arrangements, thereby enhancing their quality of life. The organization's work is not limited to a particular location.

Who is the CEO of Cbt Development Inc?

David Wondolowski is the Trustee of Cbt Development Inc.

What is the revenue of Cbt Development Inc?

Cbt Development Inc's revenue in 2022 was $122,404.

Who are the executives of Cbt Development Inc and what are their salaries?


Here are 5 key members and their salaries:


Terry Joyce (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Mccafferty (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Meaney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Giering (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Wondolowski (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cbt Development Inc?

Cbt Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cbt Development Inc

CBT Development, a nonprofit organization, is dedicated to providing low-income housing for the elderly. With a focus on senior citizens and retirement communities, CBT Development offers housing programs that cater specifically to this demographic. Although the exact location of their operations is not specified in the provided information, it is known that CBT Development is currently based in Cleveland, Ohio. The organization's mission is to create an environment where elderly individuals can live comfortably and securely, ensuring they have access to suitable housing options. By offering senior citizens housing and retirement communities, CBT Development plays a significant role in improving the living conditions of the elderly population, thereby contributing to their overall well-being.

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Impact




October, 2024

Cbt Development Inc makes a significant impact by addressing the urgent need for affordable housing tailored specifically for the elderly population. By focusing on the unique challenges faced by senior citizens, the organization facilitates access to low-income housing options, improving the quality of life for many seniors in Cleveland, OH. Their commitment to developing housing and retirement communities ensures that elderly residents have safe, comfortable, and supportive living environments. This initiative not only enhances the well-being of seniors but also fosters a sense of community and belonging, allowing older adults to live with dignity as they age.




This information is meant to be a general summary of Cbt Development 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.

Revenue
$122,404 (2022)
Expenses
$6,200 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4
  • Gross Receipts: $122,404

Assets and Liabilities:

  • Total Assets: $3,955,087
  • Total Liabilities: $2,726
  • Net Assets: $3,952,361

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Organization Details

Founding Year

1982

Principal Officer

David Wondolowski

Main Address

2999 PAYNE AVE STE 306, CLEVELAND, OH, 44114

NTEE Category

Code: L21 - Housing

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