Overview
What is Southeast Community Development Corporation Inc?
Southeast Community Development Corporation Inc, located at 3323 EASTERN AVENUE 200, Baltimore, MD 21224, is a dedicated nonprofit organization. Their primary mission is to support charitable, educational, and community services within the neighborhoods of Southeast Baltimore. They offer comprehensive housing counseling services to help individuals obtain and maintain homeownership, including pre-purchase guidance, foreclosure prevention, reverse mortgage assistance, and financial counseling. With a workforce of 32 employees, they strive to improve the lives of their community members by providing essential resources and guidance.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
Southeast Community Development Corporation Inc has earned a Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The organization achieved a commendable score of 90%, indicating a solid commitment to transparency and responsible financial management. This high score is driven entirely by their Accountability & Finance metrics, showcasing their dedication to maintaining high standards in these areas.
The organization excels in several key areas, including having a fully independent board of directors and a robust audit and oversight committee. They demonstrate a strong commitment to ethical practices, as evidenced by their established policies on conflict of interest and whistleblower protections. Their effective management is also reflected in their low liabilities to assets ratio and high program expense ratio, ensuring that a significant portion of their resources is directed towards their mission.
While the data does not highlight any major limitations, it is essential for potential donors and stakeholders to continually monitor the organization's financial health and program effectiveness. Overall, Southeast Community Development Corporation Inc is positioned as a trustworthy nonprofit that prioritizes accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Southeast Community Development Corporation Inc legitimate?
Southeast Community Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Community Development Corporation Inc 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: $1,224,913
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Southeast Community Development Corporation Inc?
The Southeast Community Development Corporation Inc has a mission to provide support for charitable, educational, and various community services in the neighborhoods of Southeast Baltimore. In line with this mission, they offer comprehensive housing counseling services, including pre-purchase guidance, foreclosure prevention, reverse mortgage assistance, and financial counseling, to help individuals obtain and maintain homeownership. The organization aims to contribute positively to the community by providing essential services that foster stability and improvement in the neighborhoods they serve.
Who is the CEO of Southeast Community Development Corporation Inc?
Kari Snyder is the Chair of Southeast Community Development Corporation Inc.
What is the revenue of Southeast Community Development Corporation Inc?
Southeast Community Development Corporation Inc's revenue in 2022 was $3,097,522.
Who are the executives of Southeast Community Development Corporation Inc and what are their salaries?
The average compensation at Southeast Community Development Corporation Inc during 2022 was $38,279. There are 32 employees and 128 volunteers at Southeast Community Development Corporation Inc.
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- Compensation: $78,711
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Where can I find the form 990 for Southeast Community Development Corporation Inc?
Southeast Community Development Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southeast Community Development Corporation Inc
Southeast Community Development Corporation Inc, a nonprofit organization, is committed to providing support for charitable, educational, and various community services within the neighborhoods of Southeast Baltimore. Their mission is to contribute positively to these communities by offering comprehensive housing counseling services. Specifically, they assist individuals in their journey towards homeownership and financial stability through pre-purchase counseling, foreclosure prevention advice, reverse mortgage guidance, and financial counseling. By offering these services, Southeast Community Development Corporation Inc aims to help individuals secure and maintain their homes, ultimately contributing to the overall well-being and stability of the communities they serve.
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Impact
July, 2024
Southeast Community Development Corporation Inc's impact is significant in supporting charitable, educational, and community services for the neighborhoods of Southeast Baltimore. Their homeownership/financial stability program offers comprehensive housing counseling services, including pre-purchase guidance, foreclosure prevention assistance, reverse mortgage counseling, and financial counseling to help individuals obtain and maintain homeownership. Through these initiatives, Southeast Community Development Corporation Inc plays a vital role in promoting stable and sustainable communities in Baltimore, Maryland.
This information is meant to be a general summary of Southeast Community Development Corporation Inc. 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: $104,481
- Gross Receipts: $3,479,685
Assets and Liabilities:
- Total Assets: $3,616,310
- Total Liabilities: $901,143
- Net Assets: $2,715,167
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Organization Details
Founding Year
1975
Phone
(410) 342-3234Principal Officer
Kari Snyder
Main Address
3323 EASTERN AVENUE 200, BALTIMORE, MD, 21224
NTEE Category
Code: T31 - Philanthropy
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