Friendship Community Development Corp Of Austin

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 451074647 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Friendship Community Development Corp Of Austin?

Friendship Community Development Corp of Austin is a dedicated nonprofit organization based in the Austin community. Their primary focus is to offer affordable housing solutions to low-income families, ensuring they reside in stable neighborhoods. The organization is committed to community development, and all renovations and maintenance work are carried out by minority contractors, fostering local economic growth. Their mission revolves around property preservation, aiming to enhance the living conditions and well-being of the community.

Is Friendship Community Development Corp Of Austin legitimate?

Friendship Community Development Corp Of Austin is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Community Development Corp Of Austin submitted a form 990EZ, 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.

What is the mission statement of Friendship Community Development Corp Of Austin?

The Friendship Community Development Corporation of Austin is committed to its mission of providing affordable housing for low-income families in stable neighborhoods. The organization prioritizes using minority contractors for all renovation and maintenance work. Beyond housing, its mission also encompasses community development, aiming to preserve properties and enhance the overall community.

Who is the CEO of Friendship Community Development Corp Of Austin?

Reginald E Bachus is the President of Friendship Community Development Corp Of Austin.

What is the revenue of Friendship Community Development Corp Of Austin?

Friendship Community Development Corp Of Austin's revenue in 2022 was $19,472.

Who are the executives of Friendship Community Development Corp Of Austin and what are their salaries?


Here are 4 key members and their salaries:


Reginald E Bachus (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerri Neal Cotton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reginald E Bachus (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry N Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Friendship Community Development Corp Of Austin?

Friendship Community Development Corp Of Austin's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Friendship Community Development Corp Of Austin

Friendship Community Development Corporation of Austin is committed to providing affordable housing for low-income families in stable neighborhoods. This nonprofit organization prioritizes employing minority contractors for all renovation and maintenance work. Their mission is centered around property preservation and community development, aiming to improve living conditions and promote neighborhood stability. By focusing on these aspects, Friendship Community Development Corporation of Austin contributes to the betterment of the community and strives to provide a positive living environment for its residents.

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Impact




August, 2024

Friendship Community Development Corporation of Austin has a significant impact in providing affordable housing to low-income families in stable neighborhoods in the Austin community. By working with minority contractors for renovation and maintenance, Friendship CDC ensures that the community development work benefits the local minority populations as well. Their focus on property preservation not only improves housing conditions but also contributes to the overall well-being and stability of families in the area.




This information is meant to be a general summary of Friendship Community Development Corp Of Austin. 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.

Revenue
$19,472 (2022)
Expenses
$20,682 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $19,472
  • Gross Receipts: $19,472

Assets and Liabilities:

  • Total Assets: $186,025
  • Total Liabilities: $99,116
  • Net Assets: $86,909

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Organization Details

Principal Officer

Reginald E Bachus

Main Address

5200 W JACKSON BLVD, CHICAGO, IL, 60644

NTEE Category

Code: L80 - Housing

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