Overview
What is Greenville Re-Development Corporation?
The Greenville Re-Development Corporation is a nonprofit organization situated in Greenville, South Carolina, specifically at 122 Edinburgh CT. Their primary mission is to foster the development of affordable housing in the Greenville area. This involves owning and operating 109 units of scattered-site housing for low-income families. Their activities are geared towards facilitating the creation of affordable living spaces within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Greenville Re-Development Corporation has achieved a Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. With an overall score of 82%, the organization demonstrates a solid commitment to transparency and responsible financial management, as evidenced by their perfect score for financial statements and the absence of any material diversion of assets.
The organization also benefits from a highly independent board, with 87% of its members being independent, contributing to robust governance practices. Their program expense ratio stands at an impressive 90.36%, indicating that a significant portion of their resources is directed toward their mission-related programs, which is a positive sign for potential donors and stakeholders.
However, while the organization excels in its financial practices, the rating is based solely on accountability and finance, with no additional metrics assessed. This indicates that while financial health is strong, the effectiveness of their programs and overall impact may not be fully captured by this rating alone.
This AI summary has been generated from information found on Charity Navigator.
Is Greenville Re-Development Corporation legitimate?
Greenville Re-Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenville Re-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: $329,761
For more financial information, click here
What is the mission statement of Greenville Re-Development Corporation?
The Greenville Re-Development Corporation's mission is centered around promoting the development of affordable housing. Specifically, they aim to facilitate the creation of such housing solutions within their operations. This organization operates 109 units of scatter site, affordable low-income family housing, contributing to the accessibility of housing for families with limited income. Their primary focus is on enhancing the availability of affordable housing options, thereby addressing the housing needs of a significant portion of the population.
Who is the CEO of Greenville Re-Development Corporation?
Peter Byford is the Chairman of Greenville Re-Development Corporation. The CEO's salary of Greenville Re-Development Corporation is $0 and their total compensation is $207,766.
What is the revenue of Greenville Re-Development Corporation?
Greenville Re-Development Corporation's revenue in 2022 was $1,677,439.
Who are the executives of Greenville Re-Development Corporation and what are their salaries?
There 7 volunteers at Greenville Re-Development Corporation.
Here are 8 key members and their salaries (Greenville Re-Development Corporation's CEO's salary is $0 and their total compensation is $207,766):
- Compensation: $0
- Related: $188,878
- Other: $18,888
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Greenville Re-Development Corporation?
Greenville Re-Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Greenville Re-Development Corporation
Greenville Re-Development Corporation, as a nonprofit organization, is primarily focused on facilitating the development of affordable housing in various communities. Their mission is to provide low-income families with suitable living spaces, demonstrating a commitment to addressing housing needs in a proactive manner. To achieve this, Greenville Re-Development Corporation owns and operates 109 units of scattered-site housing, ensuring that families in need have access to secure and affordable housing options. By working towards this goal, the organization contributes to the overall well-being of its community, ensuring that families can focus on other essential aspects of their lives without the added burden of housing instability.
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Impact
July, 2024
Greenville Re-Development Corporation's impact is focused on facilitating the development of affordable housing in Greenville, South Carolina. This organization owns and operates 109 units of scatter site affordable low-income family housing in the city. Their mission is to address the need for affordable housing and contribute to the well-being of low-income families in Greenville through their housing initiatives. By providing housing options for those in need, Greenville Re-Development Corporation plays a vital role in helping to improve the quality of life for individuals and families in the community.
This information is meant to be a general summary of Greenville Re-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: $409
- Program Service Revenue: $546,362
- Gross Receipts: $1,677,439
Assets and Liabilities:
- Total Assets: $17,844,197
- Total Liabilities: $2,972,408
- Net Assets: $14,871,789
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$15,000
RENTAL REVENUES
Revenue
$531,362
Organization Details
Founding Year
2014
Phone
(864) 467-4250Principal Officer
Peter Byford
Main Address
122 EDINBURGH CT, GREENVILLE, SC, 29607
NTEE Category
Code: L20 - Housing
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