Overview
What is Vermont Avenue Baptist Church Development Corporation?
Vermont Avenue Baptist Church Development Corporation is a nonprofit organization established with a mission to combat community deterioration. They primarily focus on promoting and encouraging the development of affordable and senior housing, as well as revitalizing blighted areas. Their goal is to enhance the quality of life in the community and provide opportunities for socially and economically disadvantaged individuals. They do this by offering workforce and skills development, job training, employment opportunities, and entrepreneurial development. The corporation also engages in real estate activities, acquiring, developing, and managing properties, such as a multi-family residential building located in Washington D.C., with the aim of revitalizing neighborhoods and providing affordable housing.
Is Vermont Avenue Baptist Church Development Corporation legitimate?
Vermont Avenue Baptist Church Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Avenue Baptist Church 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: $0
For more financial information, click here
What is the mission statement of Vermont Avenue Baptist Church Development Corporation?
The Vermont Avenue Baptist Church Development Corporation was established with a mission to combat community deterioration. They aim to do this by promoting and encouraging the development of affordable and senior housing, as well as revitalizing blighted areas. The corporation's goal is to enhance the quality of life in the community, improve human and educational opportunities for its residents, and provide workforce and skills development, job training, and entrepreneurial opportunities for socially and economically disadvantaged individuals.
Who is the CEO of Vermont Avenue Baptist Church Development Corporation?
Rahman A Stringfield is the President of Vermont Avenue Baptist Church Development Corporation.
What is the revenue of Vermont Avenue Baptist Church Development Corporation?
Vermont Avenue Baptist Church Development Corporation's revenue in 2022 was $162,226.
Who are the executives of Vermont Avenue Baptist Church Development Corporation and what are their salaries?
There 5 volunteers at Vermont Avenue Baptist Church Development Corporation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Vermont Avenue Baptist Church Development Corporation?
Vermont Avenue Baptist Church Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Vermont Avenue Baptist Church Development Corporation
Vermont Avenue Baptist Church Development Corporation was established with a mission to combat community deterioration. This mission is achieved by assisting, promoting, and encouraging the development of affordable and senior housing, as well as revitalizing blighted areas. The ultimate goal is to enhance and improve the quality of life in the community. The organization also strives to enrich and promote opportunities for residents, particularly those who are socially and economically disadvantaged. In line with this, Vermont Avenue Baptist Church Development Corporation provides workforce and skills development, job training, employment opportunities, and entrepreneurial development. This commitment to uplifting disadvantaged individuals is a key part of the corporation's mission to improve the human and educational prospects of its community members.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Vermont Avenue Baptist Church Development Corporation has made significant strides in transforming communities by addressing key issues such as housing affordability, community deterioration, and economic revitalization. By focusing on the development of affordable and senior housing, the organization directly combats the challenges faced by underserved populations in Washington, DC.
One of its pivotal initiatives involves acquiring, developing, and managing properties within targeted neighborhoods, specifically in areas marked by economic disinvestment. The corporation's flagship property, located at 1207 Q Street, NW, exemplifies its commitment to creating multi-family residential options at reasonable market rates, making it accessible for families and individuals who might struggle to find affordable housing.
Moreover, the organization enhances the quality of life in the community by not only providing housing but also offering workforce and skills development programs. These initiatives empower disadvantaged residents through job training, employment opportunities, and entrepreneurial support, addressing systemic barriers to economic advancement.
Ultimately, Vermont Avenue Baptist Church Development Corporation fosters a holistic approach to community revitalization, focusing on both the physical infrastructure and the socio-economic empowerment of residents, thereby enriching the lives of many and enabling stronger, more resilient neighborhoods.
This information is meant to be a general summary of Vermont Avenue Baptist Church 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.
- Program Service Revenue: $162,226
- Gross Receipts: $162,226
Assets and Liabilities:
- Total Assets: $804,907
- Total Liabilities: $1,119,650
- Net Assets: -$314,743
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Leases of Residential Building
Revenue
$162,226
Organization Details
Founding Year
2007
Phone
(202) 667-1078Principal Officer
Rahman A Stringfield
Main Address
1630 Vermont Avenue NW, Washington, DC, 20009
NTEE Category
Code: P80 - Human services
If you are a representative of Vermont Avenue Baptist Church Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.