nonprofit logo

Lynchburg Neighborhood Development Foundation

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

EIN: 541680631 ✦ Appomattox, VA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Lynchburg Neighborhood Development Foundation?

The Lynchburg Neighborhood Development Foundation is a nonprofit organization situated in Appomattox, Virginia. Their primary mission is to foster the growth of affordable housing and revitalize distressed neighborhoods. They accomplish this by collaborating with the community and undertaking mixed-use projects. The foundation also aims to assist low-income residents in securing safe and affordable housing by administering reduced mortgage funds and other housing resources throughout the area. Their activities are geared towards increasing homeownership opportunities for individuals with limited means, contributing to the overall transformation and development of the community.

Is Lynchburg Neighborhood Development Foundation legitimate?

Lynchburg Neighborhood Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lynchburg Neighborhood Development Foundation 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

For more financial information, click here

What is the mission statement of Lynchburg Neighborhood Development Foundation?

The Lynchburg Neighborhood Development Foundation's mission is centered around fostering the growth of affordable housing and revitalizing neighborhoods. They accomplish this through collaboration and community development. The organization works on renovating and developing buildings in the area, which in turn increases opportunities for homeownership for low-income individuals. Additionally, they assist these residents in securing safe and affordable housing. Furthermore, the foundation supports the revitalization of distressed neighborhoods by engaging in community development and mixed-use projects. They also attract and manage reduced mortgage funds and other housing resources throughout the area to further increase homeownership opportunities for low-income individuals.

Who is the CEO of Lynchburg Neighborhood Development Foundation?

Wm Tracey Shaw is the Principal Officer of Lynchburg Neighborhood Development Foundation.

What is the revenue of Lynchburg Neighborhood Development Foundation?

Lynchburg Neighborhood Development Foundation's revenue in 2020 was $0.

Who are the executives of Lynchburg Neighborhood Development Foundation and what are their salaries?


Here are 8 key members and their salaries:


Aubrey Barbour (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hal Craddock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marva Dunn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Turille (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Barney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Seaman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wmtracey Shaw (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Sommers (Secretary)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lynchburg Neighborhood Development Foundation?

Lynchburg Neighborhood Development Foundation's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Lynchburg Neighborhood Development Foundation

Lynchburg Neighborhood Development Foundation, a non-profit organization, is committed to advancing the development of affordable housing and the revitalization of neighborhoods. They achieve this mission through collaboration and community development. The foundation focuses on several key areas, including the renovation and construction of buildings in the region to increase homeownership opportunities for low-income individuals. Additionally, they assist residents in securing safe and affordable housing, acting as a bridge between individuals and available resources.

Furthermore, Lynchburg Neighborhood Development Foundation supports the revitalization of distressed neighborhoods through community development and mixed-use projects. By attracting and administering reduced mortgage funds and other housing resources, the organization increases homeownership opportunities for low-income individuals, thereby enhancing the overall community. This holistic approach to community development aims to improve the living standards of its residents and foster a sense of pride and ownership within these neighborhoods.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Lynchburg Neighborhood Development Foundation significantly impacts the community by enhancing affordable housing options and revitalizing neighborhoods. Through collaborative efforts, it focuses on developing and renovating buildings, which increases homeownership opportunities for residents, particularly those with low incomes. The foundation also assists these individuals in securing safe, affordable housing, contributing to overall community stability. By attracting reduced mortgage funds and administering other housing resources, it creates pathways for homeownership that might otherwise be inaccessible. The commitment to community development and mixed-use projects not only transforms distressed neighborhoods but also fosters a sense of belonging among residents, ultimately driving economic and social growth within the region.




This information is meant to be a general summary of Lynchburg Neighborhood Development Foundation. 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
$0 (2020)
Expenses
$202,144 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $0
    • Net Assets: $0

    Want to help this charity, for free? You can click here to learn more about Give Freely

    Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENT

    Organization Details

    Founding Year

    1993

    Principal Officer

    Wm Tracey Shaw

    Main Address

    PO BOX 72, APPOMATTOX, VA, 24522

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Lynchburg Neighborhood Development Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.