Overview
What is Acts Community Development Corporation?
Acts Community Development Corporation, located in Milwaukee, Wisconsin, is a nonprofit organization primarily focused on real estate brokerage. Their Acts Home Sales Team assists families and individuals in finding suitable homes and ensures their interests are well-represented during real estate transactions. As licensed realtors, they provide personalized support to help families meet their housing needs. In 2022, the organization served 58 families in purchasing their homes. Acts Community Development Corporation's mission is centered around empowerment through homeownership, which aligns with their real estate services. With a workforce of 40 employees, the corporation strives to make a positive impact in the community.
Official website here: www.actshousing.org
What are the reviews and ratings of this charity?
Acts Community Development Corporation has received an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a high score of 97%. This rating is based primarily on its Accountability & Finance metrics, indicating strong financial health and transparency. Key strengths include an entirely independent board, effective oversight measures, and a high program expense ratio, which suggests that a significant portion of its funds are directed towards its initiatives.
Despite its excellent rating, some areas for evaluation, such as Impact & Measurement, Culture & Community, and Leadership & Adaptability, could not be assessed at this time. This lack of data points suggests potential gaps in performance measurement or community impact evaluation, which may be of interest to stakeholders looking for comprehensive insights into the organization's effectiveness.
Unfortunately, user reviews from GreatNonprofits could not be accessed, leaving a gap in understanding public sentiment regarding the nonprofit's day-to-day operations and community engagement. Overall, Acts Community Development Corporation demonstrates solid financial practices and governance, but additional qualitative insights would enrich the profile.
This AI summary has been generated from information found on Charity Navigator.
Is Acts Community Development Corporation legitimate?
Acts Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acts 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $202,900
Professional Fundraising Fees: $42,000
Other Salaries and Wages: $1,679,317
For more financial information, click here
Official website here: www.actshousing.org
What is the mission statement of Acts Community Development Corporation?
Acts Community Development Corporation's mission revolves around empowerment through homeownership. Their primary activity lies in real estate brokerage, specifically through the Acts Home Sales Team. This team assists families and individuals in finding homes that cater to their needs, acting as their representatives in real estate sales transactions. By doing so, they ensure that these families are well-represented and their interests are protected throughout the process. In 2022, the corporation aided 58 families in purchasing their homes using their real estate services.
Official website here: www.actshousing.org
Who is the CEO of Acts Community Development Corporation?
Joe Schlidt is the Chair of Acts Community Development Corporation. The CEO's salary of Acts Community Development Corporation is $168,689 and their total compensation is $214,331.
Official website here: www.actshousing.org
What is the revenue of Acts Community Development Corporation?
Acts Community Development Corporation's revenue in 2022 was $7,691,551.
Official website here: www.actshousing.org
Who are the executives of Acts Community Development Corporation and what are their salaries?
The average compensation at Acts Community Development Corporation during 2022 was $47,055. There are 40 employees and 100 volunteers at Acts Community Development Corporation.
Here are 19 key members and their salaries (Acts Community Development Corporation's CEO's salary is $168,689 and their total compensation is $214,331):
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- Compensation: $168,689
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- Compensation: $114,640
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- Other: $25,853
Official website here: www.actshousing.org
Where can I find the form 990 for Acts Community Development Corporation?
Acts Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.actshousing.org
Learn more at the official website: www.actshousing.org
Mission Statement of Acts Community Development Corporation
Acts Community Development Corporation, a nonprofit organization, is dedicated to empowerment through homeownership. Their primary mission is to support families and individuals in finding and purchasing homes that meet their needs. Employing licensed realtors as part of their Acts Home Sales team, they ensure that their clients are well-represented throughout the real estate transaction process. In 2022 alone, 58 families benefited from Acts Community Development Corporation's real estate services, successfully purchasing their new homes.
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Impact
July, 2024
Acts Community Development Corporation's impact can be seen through its real estate brokerage services, specifically through the ACTS Home Sales Team. In 2022, 58 families were able to purchase their homes with the support of Acts' licensed realtors. By helping families find homes that meet their needs and ensuring they are well represented in real estate transactions, Acts is directly empowering individuals and families through homeownership in Milwaukee, WI.
This information is meant to be a general summary of Acts 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: $50,695
- Program Service Revenue: $642,068
- Gross Receipts: $7,828,929
Assets and Liabilities:
- Total Assets: $11,731,393
- Total Liabilities: $2,377,234
- Net Assets: $9,354,159
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REAL ESTATE BROKERAGE
Revenue
$353,480
STAFFING REVENUE
Revenue
$181,345
COUNSELING FEES
Revenue
$96,843
CONSTRUCTION MANAGEMEN
Revenue
$10,400
Organization Details
Founding Year
1995
Phone
(414) 933-2215Principal Officer
Joe Schlidt
Main Address
2414 W VLIET STREET, MILWAUKEE, WI, 53205
Website
www.actshousing.orgNTEE Category
Code: L209 - Housing
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