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Community Development Corporation Of Martinsville

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

EIN: 472391908 ✦ Martinsville, VA ✦ Designated as a 501(c)(3)

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Overview

What is Community Development Corporation Of Martinsville?

The Community Development Corporation of Martinsville is a dedicated nonprofit organization, primarily focused on revitalizing and rejuvenating the West End community in Martinsville. Its mission encompasses fostering business growth, retaining and expanding job opportunities, and aiding in the preservation of affordable housing for its clients. Beyond this, the corporation actively assists its clients in finding and securing suitable, affordable housing, ensuring their housing needs are met sustainably.

Is Community Development Corporation Of Martinsville legitimate?

Community Development Corporation Of Martinsville is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Development Corporation Of Martinsville 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 Community Development Corporation Of Martinsville?

The Community Development Corporation serves as a driving force for revitalization and rebuilding, primarily concentrating on a specific community. Its mission is to stimulate the establishment of new businesses, preserve and enhance existing employment opportunities, and aid in the retention of affordable housing for its clients. Furthermore, the organization assists its clients in identifying, securing, and maintaining affordable housing solutions.

Who is the CEO of Community Development Corporation Of Martinsville?

Cordelia Holland is the Treasurer of Community Development Corporation Of Martinsville.

What is the revenue of Community Development Corporation Of Martinsville?

Community Development Corporation Of Martinsville's revenue in 2022 was $7,800.

Who are the executives of Community Development Corporation Of Martinsville and what are their salaries?


Here are 3 key members and their salaries:


Kulyias Swiney (Chair Person)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cordelia Holland (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billie Coles (Secrtary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Community Development Corporation Of Martinsville?

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

Mission Statement of Community Development Corporation Of Martinsville

The Community Development Corporation of Martinsville is committed to revitalizing and rebuilding its West End community. Its mission is threefold: firstly, it seeks to foster the establishment of new businesses in the region; secondly, it aims to retain and expand existing jobs; and lastly, it assists its clients in securing and maintaining affordable housing options. This nonprofit organization plays a pivotal role in assisting its clients in locating and retaining suitable housing options, ensuring that affordable housing remains accessible within its community.

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Impact




August, 2024

The Community Development Corporation Of Martinsville plays a vital role in revitalizing and rebuilding Martinsville's West End community. It focuses on fostering the creation and attraction of new businesses, retaining and expanding jobs, and assisting in the retention of affordable housing for its clients. By assisting individuals in locating, securing, and maintaining affordable housing, the organization directly impacts the quality of life and economic stability of the community members. Through its efforts, the CDC of Martinsville contributes to the overall improvement of the community, making it a more vibrant and sustainable place to live and work.




This information is meant to be a general summary of Community Development Corporation Of Martinsville. 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
$7,800 (2022)
Expenses
$4,138 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $7,800

Assets and Liabilities:

  • Total Assets: $126,250
  • Total Liabilities: $0
  • Net Assets: $126,250

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Organization Details

Principal Officer

Cordelia Holland

Main Address

PO BOX 3489, Martinsville, VA, 24112

NTEE Category

Code: S20 - Community improvement

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