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Zion Development Corporation

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

EIN: 363229794 ✦ Rockford, IL ✦ Designated as a 501(c)(3)

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Overview

What is Zion Development Corporation?

Zion Development Corporation is a nonprofit organization situated in Rockford, Illinois. Their primary focus is on housing rehabilitation and providing affordable housing options for economically disadvantaged individuals. The corporation encourages volunteer participation, working alongside trained staff to revitalize housing in underprivileged neighborhoods. Their mission, as stated, is "building communities that enrich lives in response to God's love." The organization employs a small team of seven individuals.


Official website here: www.ziondevelopment.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Stars)

Zion Development Corporation has received a Three-Star rating from Charity Navigator, reflecting an overall score of 80%. This rating is primarily driven by a strong performance in Accountability & Finance, where the organization earned an impressive score of 90%. Key strengths include a fully independent board, effective financial oversight, and robust policies in areas such as conflict of interest and whistleblower protection. The charity demonstrates a commitment to best practices in financial management and transparency.

The organization also scored well in the Culture & Community category, achieving a score of 75%. This indicates a solid engagement with equity strategies, although there may be opportunities for further development in fostering community involvement and cultural impact. The program expense ratio of nearly 80% suggests that a significant portion of funds is dedicated to mission-related activities, highlighting a focus on delivering effective programs.

While the overall ratings are commendable, potential donors and supporters are encouraged to consider the areas where the organization can improve, particularly in enhancing its cultural and community engagement strategies. Overall, Zion Development Corporation showcases a strong foundation of accountability, finance, and program effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Zion Development Corporation legitimate?

Zion Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zion 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: $65,904
Professional Fundraising Fees: $0
Other Salaries and Wages: $161,945

For more financial information, click here


Official website here: www.ziondevelopment.com

What is the mission statement of Zion Development Corporation?

Zion Development Corporation's mission revolves around constructing communities that enrich lives, inspired by God's love. This objective is achieved through their housing rehabilitation and housing program. The program encourages volunteers to collaborate with trained staff in revitalizing housing in underprivileged neighborhoods. Additionally, the corporation provides affordable housing options, either for rent or sale, to economically disadvantaged individuals. By fulfilling this mission, Zion Development Corporation aims to improve the living conditions of those in need and contribute positively to their communities.


Official website here: www.ziondevelopment.com

Who is the CEO of Zion Development Corporation?

Robert Campbell is the Chairman/Sec of Zion Development Corporation.


Official website here: www.ziondevelopment.com

What is the revenue of Zion Development Corporation?

Zion Development Corporation's revenue in 2023 was $803,373.


Official website here: www.ziondevelopment.com

Who are the executives of Zion Development Corporation and what are their salaries?

The average compensation at Zion Development Corporation during 2023 was $32,550. There are 7 employees and 10 volunteers at Zion Development Corporation.


Here are 8 key members and their salaries:


Pastor Mike Thomas (Chairman/Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Rush (Bod Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina Cook-Glanton (Bod Treasure)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mouky Xaysana (Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Debes (Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Pettigrew (Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Forrest (Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Campbell (Executive Di)
  • Compensation: $61,849
  • Related: $0
  • Other: $1,760


Official website here: www.ziondevelopment.com

Where can I find the form 990 for Zion Development Corporation?

Zion Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ziondevelopment.com

Learn more at the official website: www.ziondevelopment.com

Mission Statement of Zion Development Corporation

Zion Development Corporation, a nonprofit organization, is dedicated to constructing communities that enhance lives, inspired by God's love. At the heart of their mission, they aim to rehabilitate housing in deprived neighborhoods and provide affordable housing options for economically disadvantaged individuals. This two-pronged approach involves mobilizing volunteers to work alongside trained staff to revitalize housing in underserved areas and offering housing units for rent or sale at affordable prices. By doing so, Zion Development Corporation aims to contribute to the betterment of lives in these communities, driven by their belief in God's love.

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Impact




October, 2024

Zion Development Corporation significantly impacts communities by focusing on housing rehabilitation and providing affordable housing solutions for economically disadvantaged individuals in Rockford, Illinois. By mobilizing volunteers to work alongside trained staff, they effectively revitalize depressed neighborhoods, fostering a sense of community and belonging. Their mission to enrich lives in response to God's love drives their efforts, promoting not only improved living conditions but also increasing community engagement and empowerment. Through these initiatives, Zion Development Corporation addresses critical housing needs while creating pathways to employment and stability for those they serve.




This information is meant to be a general summary of Zion 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.

Revenue
$803,373 (2023)
Expenses
$1,158,944 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $43,392
  • Program Service Revenue: $308,878
  • Gross Receipts: $837,934

Assets and Liabilities:

  • Total Assets: $2,277,683
  • Total Liabilities: $3,645,549
  • Net Assets: -$1,367,866

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$283,878

DEVELOPER & OTHER FEES

Revenue

$25,000

Organization Details

Founding Year

1982

Principal Officer

Robert Campbell

Main Address

910 5TH AVE SUITE 1E PO BOX 4387, ROCKFORD, IL, 611100887

NTEE Category

Code: J33Z - Employment

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