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Greenwood Community Development Corporation

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

EIN: 473642186 ✦ Greenwood, IN ✦ Designated as a 501(c)(4)

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Overview

What is Greenwood Community Development Corporation?

Greenwood Community Development Corporation is a nonprofit organization situated in Greenwood, Indiana, specifically at 300 South Madison Avenue. Their primary mission is to stimulate economic development and revitalization within the city, thereby enhancing its social, cultural, and economic conditions. They achieve this goal by distributing grant funds to local businesses for property renovation projects, as part of their GROW program. This initiative promotes capital investments, rejuvenation, and improvement of public and other spaces in the city.

Is Greenwood Community Development Corporation legitimate?

Greenwood Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Greenwood 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: $0

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What is the mission statement of Greenwood Community Development Corporation?

The Greenwood Community Development Corporation's mission is to support and aid in economic and redevelopment activities and projects designed to stimulate capital investments, revitalization, and improvement of public and other spaces within the city. This organization aims to enhance the social, cultural, and economic conditions of its residents through these activities and projects. One of their initiatives is the Grow Program, which involves distributing grant monies to local businesses within the city for the revitalization of property.

Who is the CEO of Greenwood Community Development Corporation?

Michelle Straumins is the Director of Greenwood Community Development Corporation.

What is the revenue of Greenwood Community Development Corporation?

Greenwood Community Development Corporation's revenue in 2022 was $351,327.

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


Here are 3 key members and their salaries:


Michelle Straumins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leanne Lollar (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul St Pierre (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Greenwood Community Development Corporation?

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

Mission Statement of Greenwood Community Development Corporation

Greenwood Community Development Corporation, as an organization, is committed to fostering economic and urban development initiatives within its city. Its mission is to support and assist in the execution of economic and redevelopment projects, aiming to stimulate capital investments, revitalize public spaces, and enhance the overall social, cultural, and economic conditions of the community's residents. Through these activities and projects, the corporation aims to revive local businesses within the city, distributing grant monies to eligible enterprises for property renovation and revitalization. By doing so, Greenwood Community Development Corporation contributes to the overall betterment and upliftment of the city and its inhabitants.

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Impact




October, 2024

Greenwood Community Development Corporation plays a vital role in promoting economic growth and revitalization within the city of Greenwood. Through its targeted programs, the organization distributes grant funds to local businesses to support property improvements and stimulate capital investments. The Grow Program specifically focuses on helping businesses enhance their properties, which in turn boosts the overall aesthetic and economic landscape of the community.

The impact of these efforts extends beyond mere financial assistance; by improving public and other spaces, the organization fosters a more vibrant and welcoming environment for residents and visitors alike. This approach not only enhances the physical infrastructure of Greenwood but also aims to elevate social and cultural conditions for the community. Overall, Greenwood Community Development Corporation's initiatives are central to driving positive change and sustaining economic vitality within the city.




This information is meant to be a general summary of Greenwood 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.

Revenue
$351,327 (2022)
Expenses
$104,017 (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: $91,855
  • Gross Receipts: $351,327

Assets and Liabilities:

  • Total Assets: $252,045
  • Total Liabilities: $0
  • Net Assets: $252,045

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BUILDING RENT

Revenue

$91,855

Organization Details

Founding Year

2014

Principal Officer

Michelle Straumins

Main Address

300 South Madison Avenue, Greenwood, IN, 46142

NTEE Category

Code: S20 - Community improvement

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