Overview
What is Capitol Area Community Development Corporation?
Capitol Area Community Development Corporation, located at 1522 14TH STREET, SACRAMENTO, CA 95814, is a nonprofit organization committed to enhancing its community. Their primary objective is to contribute to the development and management of mixed-income properties, thereby creating new affordable residential housing and improving the neighborhood. To achieve this goal, they collaborate with the City of Sacramento and the State of California, aiming to lessen governmental burdens and revitalize the area close to the State Capitol. Their initiatives are geared towards fostering a vibrant and inclusive neighborhood.
Is Capitol Area Community Development Corporation legitimate?
Capitol Area Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capitol Area 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,217
For more financial information, click here
What is the mission statement of Capitol Area Community Development Corporation?
The Capitol Area Community Development Corporation's mission is to aid both the City of Sacramento and the State of California in alleviating governmental burdens, with the ultimate goal of revitalizing the neighborhood situated near the state capital. This organization undertakes various developmental activities, including the development and management of a mixed-income property, as part of its mission to improve the area and create new affordable residential housing.
Who is the CEO of Capitol Area Community Development Corporation?
Noelle Mussen Cpa is the Chair of Capitol Area Community Development Corporation.
What is the revenue of Capitol Area Community Development Corporation?
Capitol Area Community Development Corporation's revenue in 2022 was $0.
Who are the executives of Capitol Area Community Development Corporation and what are their salaries?
There 5 volunteers at Capitol Area Community Development Corporation.
Here are 9 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Related: $138,236
- Other: $49,948
- Compensation: $0
- Related: $136,189
- Other: $17,450
- Compensation: $0
- Related: $69,892
- Other: $30,989
- Compensation: $0
- Related: $182,995
- Other: $74,111
Where can I find the form 990 for Capitol Area Community Development Corporation?
Capitol Area Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Capitol Area Community Development Corporation
Capitol Area Community Development Corporation, a nonprofit organization, is committed to assisting both the city of Sacramento and the state of California in alleviating governmental burdens. Their primary mission is to revitalize the neighborhood situated close to the state capital. To achieve this, they engage in developing activities, with a focus on developing and managing a mixed-income property. This initiative aims to improve the neighborhood and create new affordable residential housing. In essence, Capitol Area Community Development Corporation is dedicated to contributing to the betterment of the community by lessening governmental responsibilities and fostering the growth of affordable housing.
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Impact
October, 2024
Capitol Area Community Development Corporation significantly impacts the revitalization of the Sacramento neighborhood surrounding the State Capitol by developing and managing mixed-income properties. This initiative directly addresses the urgent need for affordable residential housing, improving the overall living conditions in the area. By collaborating closely with the City of Sacramento and the State of California, the organization plays a vital role in reducing governmental burdens and fostering community development. This collaborative approach not only enhances neighborhood aesthetics and accessibility but also contributes to the economic vitality of the region, creating a more inclusive and supportive environment for residents.
This information is meant to be a general summary of Capitol Area 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 2022.
Assets and Liabilities:
- Total Assets: $4,731,405
- Total Liabilities: $0
- Net Assets: $4,731,405
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Organization Details
Founding Year
2014
Phone
(916) 324-8494Principal Officer
Noelle Mussen Cpa
Main Address
1522 14TH STREET, SACRAMENTO, CA, 95814
NTEE Category
Code: L20 - Housing
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