Ar Bancroft Community Development Corporation

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

EIN: 521172466 ✦ Rockville, MD ✦ Designated as a 501(c)(4)

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Overview

What is Ar Bancroft Community Development Corporation?

Ar Bancroft Community Development Corporation is a nonprofit organization situated in Rockville, Maryland, with the primary mission of improving the lives of individuals with intellectual and developmental disabilities. They aim to acquire, construct, and manage housing for these individuals, fostering an inclusive community environment. Operating solely for educational, charitable, and scientific purposes, they strive to promote the general welfare of persons with intellectual and developmental disabilities of all ages, without any limitations. Their work is dedicated to enhancing the well-being of their residents and contributing positively to society.

Is Ar Bancroft Community Development Corporation legitimate?

Ar Bancroft Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Ar Bancroft 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

For more financial information, click here

What is the mission statement of Ar Bancroft Community Development Corporation?

The Ar Bancroft Community Development Corporation is dedicated to operating for educational, charitable, and scientific purposes, with a focus on promoting the general welfare of individuals with intellectual and developmental disabilities of all ages. The organization's mission is to acquire, construct, provide, and manage housing for these individuals, ensuring they live in an inclusive community environment that prioritizes their well-being.

Who is the CEO of Ar Bancroft Community Development Corporation?

Elizabeth Roth is the President of Ar Bancroft Community Development Corporation.

What is the revenue of Ar Bancroft Community Development Corporation?

Ar Bancroft Community Development Corporation's revenue in 2022 was $680,812.

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


Here are 5 key members and their salaries:


Elizabeth Roth (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Lerner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene J Mark Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Spera (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricardo Riemer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ar Bancroft Community Development Corporation?

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

Mission Statement of Ar Bancroft Community Development Corporation

Ar Bancroft Community Development Corporation is dedicated to serving individuals with intellectual and developmental disabilities of all ages. This organization operates with a mission to promote their general welfare, pursuing educational, charitable, and scientific purposes without limitations. By doing so, Ar Bancroft strives to create an inclusive community environment, providing not only housing but also ensuring the well-being of its residents. The corporation's primary activity involves acquiring, constructing, and managing housing specifically tailored for individuals with these disabilities. Through its mission and activities, Ar Bancroft Community Development Corporation aims to improve the lives of those with intellectual and developmental disabilities, offering them a supportive and inclusive living space.

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Impact




October, 2024

Ar Bancroft Community Development Corporation significantly enhances the quality of life for individuals with intellectual and developmental disabilities in Rockville, MD. By acquiring, constructing, and managing specialized housing, the organization ensures that residents not only have a safe and supportive living environment but also the opportunity to thrive within an inclusive community.

The impact is multifaceted; it promotes independence and dignity among residents while fostering social connections that lead to a sense of belonging. The commitment to community welfare translates into educational and support services that empower individuals of all ages, addressing their unique needs and aspirations. Through these efforts, Ar Bancroft cultivates a culture of inclusivity and respect, positively influencing both the residents and the broader community.




This information is meant to be a general summary of Ar Bancroft 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
$680,812 (2022)
Expenses
$172,443 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $424,437
  • Program Service Revenue: $236,341
  • Gross Receipts: $726,586

Assets and Liabilities:

  • Total Assets: $1,935,187
  • Total Liabilities: $138,935
  • Net Assets: $1,796,252

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Programs

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

TENANT ASSISTANCE PAYM

Revenue

$193,778

TENANT RENTS

Revenue

$42,563

Organization Details

Founding Year

1979

Principal Officer

Elizabeth Roth

Main Address

7362 CALHOUN PLACE, ROCKVILLE, MD, 20855

NTEE Category

Code: L20 - Housing

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