Overview
What is South Shore Community Development Corp Inc?
South Shore Community Development Corp Inc is a community resource center situated in Lorain, Ohio, specifically at 562 Broadway. Their primary mission is to support charitable organizations that cater to the needs of the underprivileged, distressed, and poor. They achieve this by purchasing and leasing commercial spaces, primarily to nonprofit entities. As a tenant-focused property management company, they contribute to the community by providing a conducive environment for these organizations to carry out their philanthropic activities, ultimately benefiting those in need.
Is South Shore Community Development Corp Inc legitimate?
South Shore Community Development Corp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Shore Community Development Corp 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
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What is the mission statement of South Shore Community Development Corp Inc?
South Shore Community Development Corp Inc serves as a community resource center, primarily offering commercial space for rent to not-for-profit entities. Their primary focus is on supporting organizations that provide services to the underprivileged, distressed, and economically disadvantaged individuals. The corporation facilitates this by purchasing and leasing buildings to these charitable organizations. By doing so, they contribute to the betterment of their community by providing essential resources to those in need.
Who is the CEO of South Shore Community Development Corp Inc?
James Janasko is the Treasurer of South Shore Community Development Corp Inc.
What is the revenue of South Shore Community Development Corp Inc?
South Shore Community Development Corp Inc's revenue in 2020 was -$86,618.
Who are the executives of South Shore Community Development Corp Inc and what are their salaries?
There 1 volunteer at South Shore Community Development Corp Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for South Shore Community Development Corp Inc?
South Shore Community Development Corp Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of South Shore Community Development Corp Inc
South Shore Community Development Corp Inc serves as a community resource center, primarily offering commercial space for rent to not-for-profit entities. Their mission is centered around supporting charitable organizations that cater to the needs of the poor, distressed, and underprivileged. By leasing or purchasing buildings to these organizations, South Shore Community Development Corp Inc contributes to the betterment of their community, enabling these organizations to provide essential services effectively.
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Impact
October, 2024
South Shore Community Development Corp Inc plays a crucial role in enhancing community resources in Lorain, Ohio. By providing commercial space for rent, primarily to not-for-profit entities, it supports organizations that deliver vital services to the poor, distressed, and underprivileged. This strategic focus on leasing to charitable organizations ensures that essential services are easily accessible to those in need, fostering community improvement and resilience. The impact extends beyond mere rental space; it cultivates an environment where collaborative efforts can thrive, ultimately contributing to the overall well-being of the community.
This information is meant to be a general summary of South Shore Community Development Corp 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 2020.
- Investment Income: -$86,618
- Gross Receipts: $15,000
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1994
Phone
(440) 233-1087Principal Officer
James Janasko
Main Address
562 BROADWAY, LORAIN, OH, 44052
NTEE Category
Code: S31 - Community improvement
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