Overview
What is East Central Development Corp?
East Central Development Corp is a nonprofit organization situated in Dubuque, Iowa, specifically at 7600 Commerce Park. Their primary mission is to promote and encourage affordable housing within the five-county region, encompassing Cedar, Clinton, Dubuque, Delaware, and Jackson Counties in Iowa. They accomplish this goal by administering federal, state, and local grants and contributions to support homeless prevention and mitigation efforts.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star Rating)
East Central Development Corp has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in terms of accountability and finance. The overall score is based solely on the Accountability & Finance beacon, emphasizing the importance of financial health in nonprofit operations. A score of 73% suggests that while there are strengths, there are also areas where the organization could improve.
The organization demonstrates solid financial management, with a program expense ratio of 91.53%, indicating that a significant portion of its funds is directed toward its programs. Additionally, it has maintained a strong independent board structure, with all members being independent, which can enhance transparency and governance. The lack of material diversion of assets further reinforces its financial integrity.
However, despite these strengths, the overall rating reflects some limitations that may affect the organization's reputation. The single-beacon score indicates that a broader assessment involving other performance metrics is necessary for a more comprehensive evaluation. Overall, while East Central Development Corp shows good practices in accountability and finance, there may be opportunities to enhance overall effectiveness and transparency in other areas.
This AI summary has been generated from information found on Charity Navigator.
Is East Central Development Corp legitimate?
East Central Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Central Development Corp 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
For more financial information, click here
What is the mission statement of East Central Development Corp?
The East Central Development Corp's mission is centered around promoting and encouraging affordable housing within a five-county region, encompassing Cedar, Clinton, Dubuque, Delaware, and Jackson Counties in Iowa. Their primary objective is to facilitate affordable housing opportunities for the community. In pursuit of this mission, the corporation administers federal, state, and local grants and contributions, focusing on homeless prevention and mitigation efforts.
Who is the CEO of East Central Development Corp?
Kelley Deutmeyer is the President of East Central Development Corp.
What is the revenue of East Central Development Corp?
East Central Development Corp's revenue in 2022 was $1,130,094.
Who are the executives of East Central Development Corp and what are their salaries?
Here are 14 key members and their salaries:
- 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
- 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 East Central Development Corp?
East Central Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of East Central Development Corp
East Central Development Corp, a nonprofit organization, is dedicated to promoting and encouraging affordable housing in a five-county region, encompassing Cedar, Clinton, Dubuque, Delaware, and Jackson Counties in Iowa. The corporation's mission is to address the housing needs of this region by administering federal, state, and local grants and contributions, thereby preventing and mitigating homelessness.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The East Central Development Corp plays a vital role in promoting and encouraging affordable housing in the five-county region of Cedar, Clinton, Dubuque, Delaware, and Jackson counties in Iowa. Through the administration of federal, state, and local grants and contributions, this organization addresses homelessness prevention and mitigation in the community. Their efforts contribute to enhancing the overall quality of life for residents in the region by ensuring access to safe and affordable housing options.
This information is meant to be a general summary of East Central Development Corp. 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: $142
- Program Service Revenue: $853,342
- Gross Receipts: $1,130,094
Assets and Liabilities:
- Total Assets: $554,597
- Total Liabilities: $130,760
- Net Assets: $423,837
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROCEEDS FROM ASSETS SOLD
Revenue
$853,342
Organization Details
Founding Year
2015
Phone
(563) 556-4166Principal Officer
Kelley Deutmeyer
Main Address
7600 COMMERCE PARK, DUBUQUE, IA, 52002
NTEE Category
Code: S20 - Community improvement
If you are a representative of East Central Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.