Overview
What is New Underwood Community Development Corporation?
The New Underwood Community Development Corporation is a nonprofit organization located in New Underwood, South Dakota. Their primary objective is to advance economic development in the area, with a particular focus on expanding the local tax base. Recently, they have been actively supporting the growth of low to moderate income housing as a means to achieve this goal. Their mission is to promote economic growth in New Underwood, South Dakota, striving to contribute positively to the community's overall development.
Is New Underwood Community Development Corporation legitimate?
New Underwood Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. New Underwood 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 New Underwood Community Development Corporation?
The New Underwood Community Development Corporation's mission is centered around promoting economic development. This is primarily achieved through the organization's focus on expanding the tax base. Recently, their efforts have been directed towards supporting the growth of low to moderate income housing, contributing to the overall economic and community development in New Underwood.
Who is the CEO of New Underwood Community Development Corporation?
Laurel Venhuizen is the Director of New Underwood Community Development Corporation.
What is the revenue of New Underwood Community Development Corporation?
New Underwood Community Development Corporation's revenue in 2023 was $23,216.
Who are the executives of New Underwood Community Development Corporation and what are their salaries?
There 18 volunteers at New Underwood Community Development Corporation.
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Where can I find the form 990 for New Underwood Community Development Corporation?
New Underwood Community Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of New Underwood Community Development Corporation
New Underwood Community Development Corporation's mission is centered around promoting economic development in its realm. They strive to accomplish this primarily by focusing on the expansion of the tax base within the organization's scope. The organization's efforts in this regard are geared towards fostering overall economic and community growth in New Underwood, South Dakota. Recently, their initiatives have been particularly focused on supporting the development of low to moderate income housing, with the aim of contributing to tax base growth.
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Impact
October, 2024
New Underwood Community Development Corporation significantly impacts the economic landscape of New Underwood, South Dakota, by driving initiatives that enhance community and economic development. The organization focuses on increasing the tax base, which is crucial for funding local services and infrastructure improvements. Recent programs specifically target the support of low to moderate-income housing, addressing the needs of the community and fostering sustainable growth. Through these efforts, the organization not only strengthens the local economy but also improves the quality of life for residents, making New Underwood a more attractive place to live and work.
This information is meant to be a general summary of New Underwood 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 2023.
- Investment Income: $23,056
- Gross Receipts: $213,258
Assets and Liabilities:
- Total Assets: $201,864
- Total Liabilities: $0
- Net Assets: $201,864
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Organization Details
Founding Year
1985
Phone
(605) 754-6421Principal Officer
Laurel Venhuizen
Main Address
PO Box 98, New Underwood, SD, 57761
NTEE Category
Code: S31 - Community improvement
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