Overview
What is Dorothy Day Capital Corporation?
Dorothy Day Capital Corporation (DDCC) is a nonprofit organization situated in Minneapolis, Minnesota, dedicated to supporting the charitable and educational endeavors of Catholic Charities of the Archdiocese of St. Paul and Minneapolis. Its primary role is to serve as a leverage lender for New Market tax credit construction loan transactions, indirectly providing the necessary funding for Catholic Charities to construct its facilities. This organization operates with the shared mission of serving those in need, acting as a leader in addressing poverty, creating opportunities, and advocating for justice within the community, ultimately supporting the overall functions of Catholic Charities.
Is Dorothy Day Capital Corporation legitimate?
Dorothy Day Capital Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dorothy Day Capital 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
For more financial information, click here
What is the mission statement of Dorothy Day Capital Corporation?
The Dorothy Day Capital Corporation serves as a supportive organization, dedicated to aiding and assisting in the fulfillment of Catholic Charities' purposes. Its primary goal is to operate exclusively for the benefit of Catholic Charities, helping to carry out their functions. The corporation indirectly provides funding for constructing facilities by serving as the leverage lender for New Market tax credit construction loan transactions. The mission of Catholic Charities, which the Dorothy Day Capital Corporation supports, is to serve those in greatest need, lead in addressing poverty, and advocate for justice in the community.
Who is the CEO of Dorothy Day Capital Corporation?
Darrell Tukua is the President of Dorothy Day Capital Corporation.
What is the revenue of Dorothy Day Capital Corporation?
Dorothy Day Capital Corporation's revenue in 2022 was $472,475.
Who are the executives of Dorothy Day Capital Corporation and what are their salaries?
There 2 volunteers at Dorothy Day Capital Corporation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $181,984
- Other: $35,924
Where can I find the form 990 for Dorothy Day Capital Corporation?
Dorothy Day Capital Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dorothy Day Capital Corporation
Dorothy Day Capital Corporation, named after the renowned social activist, is a support organization with a mission to aid Catholic Charities in fulfilling its purposes. Operating exclusively for the benefit of this charitable institution, Dorothy Day Capital Corporation assists in carrying out Catholic Charities' mission to serve those in need, lead the fight against poverty, and advocate for justice in the community. One of the ways Dorothy Day Capital Corporation accomplishes this is by serving as a leverage lender for New Market tax credit construction loan transactions, indirectly providing the necessary funding for Catholic Charities to construct its facilities. This role allows Catholic Charities to continue its vital work in addressing poverty and advocating for justice in the community.
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Impact
October, 2024
Dorothy Day Capital Corporation (DDCC) plays a significant role in supporting the mission of Catholic Charities of the Archdiocese of St. Paul and Minneapolis by providing essential funding for construction projects aimed at enhancing community services. By acting as the leverage lender for New Market tax credit construction loan transactions, DDCC indirectly ensures that Catholic Charities can develop and maintain facilities crucial for assisting those in need.
Through its financial backing, DDCC enables Catholic Charities to implement programs focused on alleviating poverty, creating opportunities, and advocating for social justice. This support enhances the organization's capacity to serve vulnerable populations, facilitating access to essential resources, services, and programs that address pressing social issues. The work of DDCC ultimately strengthens the community, fostering a more equitable and just environment for all residents in the Minneapolis area.
This information is meant to be a general summary of Dorothy Day Capital 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: $472,475
- Gross Receipts: $472,475
Assets and Liabilities:
- Total Assets: $38,125,275
- Total Liabilities: $0
- Net Assets: $38,125,275
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Organization Details
Founding Year
2015
Phone
(612) 204-8500Principal Officer
Darrell Tukua
Main Address
1007 E 14th Street, Minneapolis, MN, 55404
NTEE Category
Code: X11 - Religion related
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