Overview
What is Central Alabama Development Corporation?
Central Alabama Development Corporation is a nonprofit organization situated in Alexander City, Alabama. Their primary mission is to improve the community by providing decent, safe, and sanitary housing options for low- and moderate-income individuals, including families, the elderly, handicapped, and disabled persons. They achieve this by acquiring, managing, or dealing with real property, engaging in activities such as owning, renting, managing, selling, or financing homes, apartments, or other housing units. The organization aims to better the local community through its housing initiatives.
Official website here: www.alexcityhousing.org
Is Central Alabama Development Corporation legitimate?
Central Alabama Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Alabama 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:
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Other Salaries and Wages: $2,121
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Official website here: www.alexcityhousing.org
What is the mission statement of Central Alabama Development Corporation?
The Central Alabama Development Corporation's mission is centered around providing decent, safe, and sanitary housing for individuals with low and moderate income. They achieve this by engaging in various real estate activities such as acquiring, managing, or dealing with properties. Their primary goal is to improve the community by offering homes, apartments, or other housing solutions for families, elderly, handicapped, or disabled persons. This non-profit organization contributes to the community's betterment through home-owning, renting, managing, selling, or financing housing solutions.
Official website here: www.alexcityhousing.org
Who is the CEO of Central Alabama Development Corporation?
Darold Sterling is the Director of Central Alabama Development Corporation.
Official website here: www.alexcityhousing.org
What is the revenue of Central Alabama Development Corporation?
Central Alabama Development Corporation's revenue in 2022 was $51,865.
Official website here: www.alexcityhousing.org
Who are the executives of Central Alabama Development Corporation and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.alexcityhousing.org
Where can I find the form 990 for Central Alabama Development Corporation?
Central Alabama Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alexcityhousing.org
Learn more at the official website: www.alexcityhousing.org
Mission Statement of Central Alabama Development Corporation
Central Alabama Development Corporation, as a nonprofit organization, is committed to providing decent, safe, and sanitary housing for individuals and families with low to moderate income. Their mission involves actively acquiring, managing, or dealing with real property to enhance the community. This encompasses activities such as owning, renting, managing, selling, or financing homes, apartments, or other housing units. The corporation prioritizes serving diverse populations, including families, the elderly, individuals with disabilities or handicaps. By undertaking these initiatives, Central Alabama Development Corporation strives to better the community, aiming to ensure that every resident has access to secure and suitable living spaces.
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Impact
August, 2024
Central Alabama Development Corporation's impact lies in its dedication to providing decent, safe, and sanitary housing for low and moderate-income individuals in the community. By acquiring, managing, and dealing with real property to offer affordable housing options, including homes, apartments, and other residences, the organization positively impacts the lives of families, the elderly, and handicapped or disabled persons. Through its housing initiatives, Central Alabama Development Corporation helps improve the overall well-being and quality of life for those in need within Alexander City and the surrounding areas.
This information is meant to be a general summary of Central Alabama 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 2022.
- Investment Income: $945
- Program Service Revenue: $50,920
- Gross Receipts: $51,865
Assets and Liabilities:
- Total Assets: $632,951
- Total Liabilities: $4,548
- Net Assets: $628,403
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT REVENUE
Revenue
$49,800
OTHER TENANT REVENUE
Revenue
$1,120
Organization Details
Founding Year
2016
Phone
(256) 329-2201Principal Officer
Darold Sterling
Main Address
2110 COUNTY ROAD, ALEXANDER CITY, AL, 35010
Website
www.alexcityhousing.orgNTEE Category
Code: L20 - Housing
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