Overview
What is Culpeper Community Development Corp?
Culpeper Community Development Corp is a nonprofit organization situated in Culpeper, Virginia. Their primary mission is to ensure affordable housing for the city's homeless and low-income residents. To fulfill this objective, they operate an emergency family shelter for individuals in need, offering temporary accommodation to homeless families and individuals. The organization strives to find suitable, permanent housing for families within 30 days of their arrival at the shelter. In response to the COVID-19 pandemic, they initiated housing programs, temporarily housing homeless families and individuals in motel rooms under a state-funded program. As of June 30, 2022, they had assisted 143 people through this effort. Currently, the organization employs a team of 5 individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star Rating)
Culpeper Community Development Corp has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 90%, the organization demonstrates a commitment to transparency and ethical governance, featuring an entirely independent board and rigorous audit practices. Notably, the organization's program expense ratio stands at an impressive 92.93%, indicating that a significant portion of its resources is directed toward its programs rather than administrative costs.
The high scores for various accountability metrics, including a complete conflict of interest policy and a whistleblower policy, underscore the nonprofit's dedication to robust operational standards. The organization also maintains diligent oversight with no reported material diversion of assets, which enhances its credibility and trustworthiness among donors and stakeholders.
Despite the strong financial performance and governance practices, the summary does not highlight any specific challenges or areas for improvement. Overall, the Culpeper Community Development Corp stands out as a well-managed organization focused on its mission and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Culpeper Community Development Corp legitimate?
Culpeper Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Culpeper Community 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: $231,238
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What is the mission statement of Culpeper Community Development Corp?
The Culpeper Community Development Corp's mission is centered around ensuring that homeless and low-income residents in the relevant community have access to affordable housing. To achieve this, the organization operates an emergency family shelter, providing temporary accommodation for displaced individuals and families, and works diligently to find them stable, permanent housing within a month of their arrival. In response to the COVID-19 pandemic, the organization has also initiated housing programs, temporarily housing homeless families and individuals in motel rooms under a state-funded program. As of June 30, 2022, 143 individuals have benefited from this effort.
What is the revenue of Culpeper Community Development Corp?
Culpeper Community Development Corp's revenue in 2024 was $1,302,637.
Who are the executives of Culpeper Community Development Corp and what are their salaries?
The average compensation at Culpeper Community Development Corp during 2024 was $46,248. There are 5 employees and 16 volunteers at Culpeper Community Development Corp.
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- Compensation: $81,794
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Where can I find the form 990 for Culpeper Community Development Corp?
Culpeper Community Development Corp's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Culpeper Community Development Corp
Culpeper Community Development Corp, as a nonprofit organization, is dedicated to ensuring that homeless and low-income residents in its community have access to affordable housing. Its mission is to provide a safety net for individuals and families who find themselves in temporary housing situations or are currently homeless. The organization operates an emergency family shelter in Culpeper, Virginia, and surrounding areas, offering shelter and support to those in need.
The primary focus of Culpeper Community Development Corp is to help families find stable, permanent housing within 30 days of entering the shelter. This involves working closely with families to understand their unique circumstances and needs, and then connecting them with housing options that are both affordable and suitable for their situation. In addition to its shelter program, the organization has also initiated housing programs in response to the COVID-19 pandemic. Under this state-funded program, homeless families and individuals are temporarily housed in motel rooms, providing them with a safe and secure place to stay while they work towards securing more permanent housing solutions.
In summary, Culpeper Community Development Corp is a compassionate and dedicated organization that is committed to helping homeless and low-income residents in its community access affordable housing. Through its shelter program and housing initiatives, the organization provides a vital service to those in need, offering both short-term and long-term solutions to help individuals and families achieve stability and independence.
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Impact
July, 2024
Culpeper Community Development Corp plays a crucial role in ensuring that homeless and low-income residents in Culpeper have access to affordable housing. The organization operates an emergency family shelter and works tirelessly to find stable, permanent housing for families in need. In response to the COVID-19 pandemic, they initiated housing programs to assist homeless families and individuals, providing temporary housing in motel rooms. Through these efforts, they have positively impacted the lives of many individuals and families in the community, with 143 people receiving assistance by June 30, 2022. This work directly addresses the pressing need for housing security and community improvement in Culpeper, VA.
This information is meant to be a general summary of Culpeper Community 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 2024.
- Investment Income: $68,992
- Program Service Revenue: $26,872
- Gross Receipts: $1,302,637
Assets and Liabilities:
- Total Assets: $2,742,312
- Total Liabilities: $644,830
- Net Assets: $2,097,482
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$15,033
OTHER
Revenue
$11,839
Organization Details
Founding Year
1988
Principal Officer
Cheryl Carter
NTEE Category
Code: S20 - Community improvement
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