Overview
What is Gateway Municipalities Community Development Corporation?
Gateway Municipalities Community Development Corporation, based in North Brentwood, Maryland, is a nonprofit organization with a mission to stimulate economic growth in the Gateway communities of Brentwood, Mount Rainier, and Hyattsville in Prince George's County. They specialize in revitalizing underutilized commercial properties and promoting affordable housing. Their initiatives include providing resources such as galleries, affordable studio space, and media arts labs for artists at locations like the Gateway Arts Center, EZ Storage, and Gateway Media Arts Lab, all situated in the Gateway Arts District. Their work is centered around driving economic development through neighborhood and business initiatives, using the arts as a means of community building in Prince George's County, Maryland. The organization currently employs a team of one dedicated individual.
Official website here: www.gatewaycdc.org
Is Gateway Municipalities Community Development Corporation legitimate?
Gateway Municipalities Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gateway Municipalities 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: $72,893
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.gatewaycdc.org
What is the mission statement of Gateway Municipalities Community Development Corporation?
The Gateway Community Development Corporation serves as the driving force behind the economic revitalization of specific areas, utilizing art as a community-building strategy. Their mission is to spearhead an arts-driven revitalization along the US Route 1 Corridor and surrounding communities, collaborating with various partners to ensure the success of the Gateway Arts District in locations such as Brentwood, North Brentwood, and Mt. Rainier. Their primary focus is on promoting business and neighborhood development initiatives in these areas.
Official website here: www.gatewaycdc.org
What is the revenue of Gateway Municipalities Community Development Corporation?
Gateway Municipalities Community Development Corporation's revenue in 2024 was $522,946.
Official website here: www.gatewaycdc.org
Who are the executives of Gateway Municipalities Community Development Corporation and what are their salaries?
The average compensation at Gateway Municipalities Community Development Corporation during 2024 was $72,893. There is 1 employee at Gateway Municipalities Community Development Corporation.
Here are 6 key members and their salaries:
- Compensation: $14,400
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.gatewaycdc.org
Where can I find the form 990 for Gateway Municipalities Community Development Corporation?
Gateway Municipalities Community Development Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.gatewaycdc.org
Learn more at the official website: www.gatewaycdc.org
Mission Statement of Gateway Municipalities Community Development Corporation
Gateway Community Development Corporation, abbreviated as Gateway CDC, was established with a mission to stimulate economic growth and community development through various initiatives, such as business promotion and neighborhood enhancement. Notable among these strategies is the utilization of the arts as a means to foster a sense of community in Prince George's County, Maryland. The organization, specifically focused on the US Route 1 Corridor and the surrounding communities in the Gateway Arts District, collaborates with multiple partners to ensure the success of this ambitious revitalization project. By prioritizing arts-driven economic development, Gateway CDC aims to breathe new life into these communities, ultimately contributing to their overall improvement and enhancement.
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Impact
October, 2024
Gateway Municipalities Community Development Corporation plays a crucial role in driving economic revitalization in Prince George's County, Maryland, particularly within the Gateway Arts District. By focusing on business and neighborhood development initiatives, it fosters a vibrant community that blends arts and economic growth.
One of its significant impacts is the transformation of underutilized commercial properties into dynamic spaces that support local artists and businesses. The provision of resources like galleries and affordable studio spaces at venues such as the Gateway Arts Center, EZ Storage, and Gateway Media Arts Lab enriches the local arts scene while providing essential infrastructure for creativity and entrepreneurship.
In communities like Brentwood, Mount Rainier, and Hyattsville, Gateway CDC acts as a catalyst for change, promoting the arts as a core strategy for community building. The organization's efforts not only elevate cultural expression but also stimulate economic development along the US Route 1 Corridor, enhancing the overall quality of life for residents and visitors alike.
Through its collaborative approach, Gateway CDC ensures that the benefits of revitalization are felt throughout the Gateway Arts District, supporting a diverse range of initiatives that contribute to sustainable community improvement.
This information is meant to be a general summary of Gateway Municipalities 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $6
- Program Service Revenue: $332,632
- Gross Receipts: $522,946
Assets and Liabilities:
- Total Assets: $2,571,338
- Total Liabilities: $1,769,300
- Net Assets: $802,038
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rents received form artists and entrepreneurs
Revenue
$276,467
Organization Details
Founding Year
1997
Principal Officer
Michelle Darden-Lee -
Website
www.gatewaycdc.orgNTEE Category
Code: S31 - Community improvement
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