Overview
What is Cherry Hill Development Corp?
Cherry Hill Development Corp is a nonprofit organization situated in Brooklyn, Maryland, with a focus on economic development and improving living conditions for low-income families. Their primary mission involves rehabilitating low-income housing, providing education, and offering various social services. With a team of five dedicated individuals, they strive to enhance the living standards of low to moderate-income families by fostering growth and development within their community.
Official website here: www.chdcmd.org
Is Cherry Hill Development Corp legitimate?
Cherry Hill Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cherry Hill 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: $99,329
For more financial information, click here
Official website here: www.chdcmd.org
What is the mission statement of Cherry Hill Development Corp?
Cherry Hill Development Corp's mission is centered around promoting economic development and providing essential services to low-income and moderate-income families. They focus on renovating and improving housing for this demographic, in addition to offering educational opportunities and various social services. The organization's goal is to uplift and support these families in their living conditions and overall well-being.
Official website here: www.chdcmd.org
What is the revenue of Cherry Hill Development Corp?
Cherry Hill Development Corp's revenue in 2023 was $1,120,887.
Official website here: www.chdcmd.org
Who are the executives of Cherry Hill Development Corp and what are their salaries?
The average compensation at Cherry Hill Development Corp during 2023 was $24,832. There are 4 employees and 15 volunteers at Cherry Hill Development Corp.
Here are 15 key members and their salaries:
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Official website here: www.chdcmd.org
Where can I find the form 990 for Cherry Hill Development Corp?
Cherry Hill Development Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chdcmd.org
Learn more at the official website: www.chdcmd.org
Mission Statement of Cherry Hill Development Corp
Cherry Hill Development Corp, as a nonprofit organization, is committed to supporting economic development, rehabilitating low-income housing, and providing various educational and social services to families falling under the low to moderate income bracket. The corporation's mission is multifaceted, aiming to improve the living conditions and overall well-being of these families. By focusing on economic development, Cherry Hill Development Corp seeks to create opportunities for growth and stability within these communities. The rehabilitation of low-income housing is another critical aspect of their mission, ensuring that families have safe and adequate living spaces.
In addition to these efforts, Cherry Hill Development Corp also prioritizes education, recognizing that it is a powerful tool for breaking the cycle of poverty. Through their social services, they strive to provide resources and support that enable families to improve their lives and achieve long-term success. This holistic approach, encompassing economic development, housing rehabilitation, and education, sets Cherry Hill Development Corp apart as an organization dedicated to improving the lives of low to moderate income families.
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Impact
October, 2024
Cherry Hill Development Corp plays a vital role in enhancing the quality of life for low to moderate-income families in Brooklyn, MD. By focusing on economic development, the organization actively engages in the rehabilitation of low-income housing, ensuring that community members have access to safe and comfortable living conditions.
In addition to housing initiatives, Cherry Hill Development Corp emphasizes education and other social services, empowering families with the knowledge and resources they need to improve their circumstances. This multifaceted approach not only addresses immediate housing needs but also fosters long-term stability and growth within the community.
By championing community improvement, Cherry Hill Development Corp contributes to the overall resilience and prosperity of its neighborhood, creating a stronger foundation for future generations.
This information is meant to be a general summary of Cherry Hill 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 2023.
- Investment Income: $41
- Gross Receipts: $1,120,887
Assets and Liabilities:
- Total Assets: $284,890
- Total Liabilities: $0
- Net Assets: $284,890
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Organization Details
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