Overview
What is The Non-Profit Community Developmen Corporation Of Dc?
The Non-Profit Community Development Corporation of D.C. (NPCDC) is a dedicated organization based in Washington, D.C., with a mission to foster economic stability and upward mobility for low-income families in the metropolitan area. Through strategic partnerships and development projects, NPCDC manages and oversees the operations of several affordable housing developments in Ward 8 and a mixed-use property in Columbia Heights. These initiatives have resulted in significant decreases in crime rates within the surrounding communities. Furthermore, NPCDC collaborates with the Apple Tree Institute, a charter school, to offer literacy and math education to young children in the Columbia Heights neighborhood. In addition, NPCDC regularly connects residents with rental assistance providers to ensure stable, safe living conditions for families facing economic hardships. Since 2000, NPCDC has developed 500 units of affordable rental housing and a 56-unit mixed-income, mixed-use condominium property in Columbia Heights.
What are the reviews and ratings of this charity?
Charity Navigator rating: 79% (Three-Star out of Four Star rating)
The Non-Profit Community Development Corporation of DC has earned a solid Three-Star rating from Charity Navigator, reflecting a score of 79%. This rating indicates a strong performance in accountability and finance, which showcases the organization’s commitment to transparency and effective use of resources.
The organization benefits from a fully independent board, with 100% of its members meeting this criterion, and has robust governance practices, including established policies on conflict of interest and whistleblower protections. With a program expense ratio of 87.56%, the majority of its expenditures are directed toward its programs, indicating a focus on fulfilling its mission.
Despite these strengths, the overall rating suggests room for improvement in some areas that could further enhance its impact and trustworthiness. Continued efforts in outreach and engagement could help the organization leverage its strong governance into greater community involvement and support.
This AI summary has been generated from information found on Charity Navigator.
Is The Non-Profit Community Developmen Corporation Of Dc legitimate?
The Non-Profit Community Developmen Corporation Of Dc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Non-Profit Community Developmen Corporation Of Dc 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
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What is the mission statement of The Non-Profit Community Developmen Corporation Of Dc?
The Non-Profit Community Development Corporation (NPCDC) aims to initiate, sponsor, and operate housing and economic development projects that promote economic stability and upward mobility for low-income families in metropolitan areas. Since 2000, NPCDC has developed over 500 units of affordable rental housing and a mixed-income, mixed-use condominium property, totaling 56 units. In addition to these developments, NPCDC focuses on designing, supporting, and funding a resident service program to cater to the tenants of its properties and surrounding communities. This mission is carried out through asset management and development, resulting in significant decreases in crime in the immediate communities where NPCDC is involved. Furthermore, NPCDC partners with organizations like the Apple Tree Institute, a charter school providing literacy and math education, to support the local community.
Who is the CEO of The Non-Profit Community Developmen Corporation Of Dc?
Irena Karpinski is the President of The Non-Profit Community Developmen Corporation Of Dc.
What is the revenue of The Non-Profit Community Developmen Corporation Of Dc?
The Non-Profit Community Developmen Corporation Of Dc's revenue in 2022 was $2,257,500.
Who are the executives of The Non-Profit Community Developmen Corporation Of Dc and what are their salaries?
There 5 volunteers at The Non-Profit Community Developmen Corporation Of Dc.
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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Where can I find the form 990 for The Non-Profit Community Developmen Corporation Of Dc?
The Non-Profit Community Developmen Corporation Of Dc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Non-Profit Community Developmen Corporation Of Dc
The Non-Profit Community Development Corporation of DC, or NPCDC, is dedicated to initiating, sponsoring, and operating housing and economic development projects that promote economic stability and upward mobility for low-income families in metropolitan Washington, DC. Their mission is multifaceted, encompassing the development of affordable housing units and mixed-income, mixed-use properties. These projects aim to provide stable living environments for families in need, fostering a sense of community and uplifting opportunities.
In addition to their development projects, NPCDC places great emphasis on designing, supporting, and funding a resident service program targeted at the tenants of their properties and the surrounding communities. This program aims to address the unique needs of these families, providing resources and assistance to help them overcome challenges and achieve greater financial stability. Through their involvement with the properties, NPCDC has managed to significantly reduce crime rates in the immediate communities, contributing to a safer living environment for its residents.
In their efforts to support the educational growth of younger generations, NPCDC partners with organizations such as the Apple Tree Institute, a charter school providing literacy and math education to three and four-year-old children in the Columbia Heights neighborhood. By linking residents to rental assistance providers, NPCDC ensures that families facing economic hardships can maintain stable, safe living conditions. Overall, the Non-Profit Community Development Corporation of DC is committed to creating opportunities for growth and stability for low-income families in metropolitan Washington, DC.
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Impact
July, 2024
The Non-Profit Community Development Corporation of DC has had a significant impact on the community by developing 500 units of affordable rental housing in the District of Columbia. They have also created a mixed-income, mixed-use condominium property in Columbia Heights, which includes commercial space. Their focus on resident service programs has benefited tenants and surrounding communities. Through their active involvement, they have decreased crime rates in the areas where they operate. Additionally, their partnership with the Apple Tree Institute has supported education for young children in the Columbia Heights neighborhood. NPCDC's efforts have provided stable and safe living conditions for low-income families in metropolitan Washington, DC.
This information is meant to be a general summary of The Non-Profit Community Developmen Corporation Of Dc. 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: $24,233
- Program Service Revenue: $2,438
- Gross Receipts: $2,287,868
Assets and Liabilities:
- Total Assets: $8,117,242
- Total Liabilities: $579,895
- Net Assets: $7,537,347
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON DEFERRED DEVELOPER FE
Revenue
$2,438
Organization Details
Founding Year
1994
Phone
(202) 861-5839Principal Officer
Irena Karpinski
Main Address
1330 NEW HAMPSHIRE AVE RMSTE 111, WASHINGTON, DC, 20036
NTEE Category
Code: L20 - Housing
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