Overview
What is Champaign County Community Development Corporation?
The Champaign County Community Development Corporation, situated in Urbana, Illinois, is a nonprofit organization that focuses on stimulating investment and creating employment opportunities within Champaign County and its surrounding communities. They achieve this by analyzing small business loans and participating in equity investments. Their primary mission is to contribute to economic development in the area, aiming to foster a thriving and prosperous community.
Is Champaign County Community Development Corporation legitimate?
Champaign County Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Champaign County Community 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.
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What is the mission statement of Champaign County Community Development Corporation?
The Champaign County Community Development Corporation's mission is centered around economic development. Their primary objective is to stimulate investment and employment opportunities within Champaign County, Illinois, and its surrounding communities. They achieve this by analyzing and facilitating small business loans and equity participations. This strategic approach aims to foster economic growth and prosperity within the specified region.
Who is the CEO of Champaign County Community Development Corporation?
Dalitso Sulamoyo is the President of Champaign County Community Development Corporation.
What is the revenue of Champaign County Community Development Corporation?
Champaign County Community Development Corporation's revenue in 2022 was $7,561.
Who are the executives of Champaign County Community Development Corporation and what are their salaries?
There 8 volunteers at Champaign County Community Development Corporation.
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Where can I find the form 990 for Champaign County Community Development Corporation?
Champaign County Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Champaign County Community Development Corporation
The Champaign County Community Development Corporation, as its name suggests, is dedicated to promoting economic development within Champaign County, Illinois, and its surrounding communities. The organization's mission is to stimulate investment and create employment opportunities by analyzing and developing small business loans and equity participations. This strategic approach aims to foster a thriving economic landscape within the region, ultimately benefiting the community as a whole.
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Impact
October, 2024
Champaign County Community Development Corporation significantly enhances economic development within Champaign County, Illinois, and its surrounding communities. By focusing on the development and analysis of small business loans and equity participations, the organization stimulates investment and creates employment opportunities. This strategic approach not only fosters entrepreneurship but also contributes to the overall economic growth of the region, leading to improved community well-being and stability. Their efforts in community improvement are vital for nurturing a thriving local economy.
This information is meant to be a general summary of Champaign County Community 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: $53
- Program Service Revenue: $7,508
- Gross Receipts: $7,561
Assets and Liabilities:
- Total Assets: $748,021
- Total Liabilities: $160,000
- Net Assets: $588,021
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$7,508
Organization Details
Founding Year
1991
Phone
(217) 328-3313Principal Officer
Dalitso Sulamoyo
Main Address
1776 E WASHINGTON ST, URBANA, IL, 61802
NTEE Category
Code: S31 - Community improvement
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