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Hyattsville Community Development Corporation

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

EIN: 522308938 ✦ Hyattsville, MD ✦ Designated as a 501(c)(3)

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Overview

What is Hyattsville Community Development Corporation?

Hyattsville Community Development Corporation, based in Hyattsville, Maryland, is a dedicated nonprofit organization with a mission to revitalize both residential and commercial areas in and around the city. Their primary focus is on community development, facilitating the assembly of multiple properties along the Route One Corridor for pending redevelopment. To achieve their goals, they engage in various activities, such as developing arts and public spaces, fostering economic development, and promoting community leadership for revitalization. Furthermore, they encourage educational activities for children, youth, and adults, and undertake broad educational campaigns to advance their mission and sustain the community. With a team of 24 individuals, they strive to improve the quality of life in Hyattsville, Maryland.


Official website here: www.hycdc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating. This rating is derived entirely from a strong score in Accountability & Finance, indicating that the Hyattsville Community Development Corporation demonstrates effective financial management and transparency practices.

The organization excels in various areas, including having a perfect score in its audit and oversight processes, and strong results in policy implementations such as conflict of interest and whistleblower policies. With a program expense ratio of 86.57%, it shows a significant commitment to directing resources toward its programs and services, which is a positive sign of operational efficiency.

However, while the organization’s focus on financial accountability is commendable, there are no additional ratings that evaluate other dimensions such as impact or community feedback. This narrow assessment may limit a comprehensive understanding of its overall effectiveness and community engagement.


This AI summary has been generated from information found on Charity Navigator.

Is Hyattsville Community Development Corporation legitimate?

Hyattsville Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hyattsville 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: $95,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,585

For more financial information, click here


Official website here: www.hycdc.org

What is the mission statement of Hyattsville Community Development Corporation?

The Hyattsville Community Development Corporation seeks to revitalize both residential and commercial areas within its community. Its mission includes developing arts and public spaces, fostering economic development, and enhancing the quality of community life. The corporation encourages widespread community leadership for community revitalization and offers educational activities for children, youth, and adults. It undertakes broad educational campaigns to advance its mission and promote sustainability within the community. The organization's goal is to revitalize residential and commercial areas, ultimately contributing to the overall well-being and development of the community.


Official website here: www.hycdc.org

Who is the CEO of Hyattsville Community Development Corporation?

Stuart Eisenberg is the Executive Director of Hyattsville Community Development Corporation.


Official website here: www.hycdc.org

What is the revenue of Hyattsville Community Development Corporation?

Hyattsville Community Development Corporation's revenue in 2022 was $1,398,223.


Official website here: www.hycdc.org

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

The average compensation at Hyattsville Community Development Corporation during 2022 was $10,608. There are 24 employees and 40 volunteers at Hyattsville Community Development Corporation.


Here are 5 key members and their salaries:


Todd Dengel (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerome Shuman (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Felix-Thompson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cliff Mayo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Eisenberg (Executive Director)
  • Compensation: $95,000
  • Related: $0
  • Other: $0


Official website here: www.hycdc.org

Where can I find the form 990 for Hyattsville Community Development Corporation?

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


Official website here: www.hycdc.org

Learn more at the official website: www.hycdc.org

Mission Statement of Hyattsville Community Development Corporation

The Hyattsville Community Development Corporation, a nonprofit organization, is dedicated to revitalizing both residential and commercial areas within its community. Its mission is multifaceted, aiming to develop arts and public spaces, foster economic development, and enhance the overall quality of life in Hyattsville. The corporation encourages community leadership for community revitalization initiatives and promotes educational activities for children, youth, and adults. It also undertakes broad educational campaigns to advance its mission and ensure the sustainability of the community. In essence, the Hyattsville Community Development Corporation works tirelessly to improve the livability of its community, focusing on various aspects such as infrastructure, social engagement, and education.

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Impact




July, 2024

Hyattsville Community Development Corporation's impact can be seen in the revitalization of residential and commercial areas in and around Hyattsville, MD. They have facilitated the assemblage of multiple properties in the Route One corridor that are slated for pending redevelopment. Their efforts focus on developing arts and public spaces in the community, spurring economic development, and enhancing the quality of community life in Hyattsville. Additionally, they work towards encouraging widespread community leadership for revitalization, promoting educational activities for all age groups, and undertaking educational campaigns to advance their mission and promote sustainability in the community. Their work ultimately contributes to community improvement and a thriving, vibrant environment in Hyattsville.




This information is meant to be a general summary of Hyattsville 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
$1,398,223 (2022)
Expenses
$634,245 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,398,223

Assets and Liabilities:

  • Total Assets: $1,571,722
  • Total Liabilities: $27,552
  • Net Assets: $1,544,170

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Organization Details

Founding Year

2000

Principal Officer

Stuart Eisenberg

Main Address

4314 FARRAGUT STREET, HYATTSVILLE, MD, 207812011

NTEE Category

Code: S30 - Community improvement

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