Overview
What is Quality Development Corporation?
Quality Development Corporation is a nonprofit organization that focuses on improving housing conditions for seniors. Their primary activity involves the rehabilitation of properties, resulting in a significant revenue of $846,050 last year. The organization's mission is deeply rooted in enhancing senior living environments, thereby contributing positively to their overall quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Quality Development Corporation has earned a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and finance management. The overall score is derived solely from their Accountability & Finance score of 79%, reflecting a strong commitment to maintaining financial standards and transparency in their operations.
The organization demonstrates significant strengths in several key areas, including a perfect score in their audit and oversight measures, as well as the absence of any material diversion of assets. They also have comprehensive policies in place regarding conflicts of interest, whistleblowing, and document retention, which further reflects their dedication to ethical governance and operational integrity.
Despite their solid performance, the rating is based exclusively on financial metrics, which may not fully represent the impact or effectiveness of their programs. As a result, stakeholders should consider exploring additional information about their programmatic outcomes to gain a more holistic view of the organization's overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Quality Development Corporation legitimate?
Quality Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quality 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $122,432
For more financial information, click here
What is the mission statement of Quality Development Corporation?
Quality Development Corporation is dedicated to enhancing housing services primarily for seniors. Their primary focus is on rehabilitating residential properties, demonstrating their commitment to this cause. Last year, they reported a total revenue of $846,050, showcasing their financial success in fulfilling their mission. The corporation's mission is not explicitly stated, but it can be inferred that they aim to provide high-quality, rehabilitated housing for the elderly population. Despite the lack of an explicit mission statement, their focus on housing services for seniors and their financial achievements suggest their commitment to improving the living conditions of senior citizens.
Who is the CEO of Quality Development Corporation?
Brett Gerber is the President/Ceo of Quality Development Corporation. The CEO's salary of Quality Development Corporation is $0 and their total compensation is $580,678.
What is the revenue of Quality Development Corporation?
Quality Development Corporation's revenue in 2022 was $892,265.
Who are the executives of Quality Development Corporation and what are their salaries?
Here are 9 key members and their salaries (Quality Development Corporation's CEO's salary is $0 and their total compensation is $580,678):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $148,524
- Other: $19,955
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $112,592
- Other: $35,825
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $444,686
- Other: $135,992
- Compensation: $0
- Related: $105,602
- Other: $27,978
Where can I find the form 990 for Quality Development Corporation?
Quality Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Quality Development Corporation
Quality Development Corporation, a specialized organization, is dedicated to enhancing the living conditions of seniors by focusing on the rehabilitation of housing properties. Through their efforts, they managed to generate a total revenue of $846,050 last year, underscoring their commitment and effectiveness in this field. The corporation's mission is to improve the quality of life for seniors by providing them with well-maintained and rehabilitated housing properties.
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Impact
July, 2024
Quality Development Corporation's impact can be seen in its dedicated provision of housing services to seniors in Rice Lake, WI. Specializing in rehabilitating housing properties, the organization generated total revenues of $846,050 last year. Through its mission-driven approach, Quality Development Corporation plays a crucial role in enhancing the quality of life for seniors in the community by ensuring they have safe and comfortable housing options.
This information is meant to be a general summary of Quality 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: -$1,686
- Program Service Revenue: $893,951
- Gross Receipts: $894,134
Assets and Liabilities:
- Total Assets: $1,646,921
- Total Liabilities: $743,512
- Net Assets: $903,409
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$880,709
SERVICE INCOME
Revenue
$13,242
Organization Details
Founding Year
1997
Phone
(715) 434-1717Principal Officer
Brett Gerber
Main Address
2961 DECKER DRIVE, RICE LAKE, WI, 54868
NTEE Category
Code: L22 - Housing
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