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South Rome Redevelopment Corporation

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

EIN: 550838185 ✦ Rome, GA ✦ Designated as a 501(c)(3)

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Overview

What is South Rome Redevelopment Corporation?

The South Rome Redevelopment Corporation is a nonprofit organization situated in Rome, Georgia. Their primary mission is to revitalize and enhance the distressed areas along South Broad Street. By focusing on this area, they aim to promote growth and development within the community. Their activities encompass the redevelopment of the specified region, working towards improving the overall appearance and infrastructure of South Broad Street in Rome.


Official website here: www.southrome.org

Is South Rome Redevelopment Corporation legitimate?

South Rome Redevelopment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Rome Redevelopment 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.southrome.org

What is the mission statement of South Rome Redevelopment Corporation?

The South Rome Redevelopment Corporation is dedicated to the revitalization of a specific area. More specifically, their mission is focused on the redevelopment of the distressed areas along South Broad Street in an unspecified location. Their primary goal is to breathe new life into these areas, ultimately aiming to improve the overall condition and appeal of the community.


Official website here: www.southrome.org

What is the revenue of South Rome Redevelopment Corporation?

South Rome Redevelopment Corporation's revenue in 2023 was $357,003.


Official website here: www.southrome.org

Who are the executives of South Rome Redevelopment Corporation and what are their salaries?

Here are 10 key members and their salaries:


David Williams (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Luttrell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Peer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Preston (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Mcclanahan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Jones (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Richardson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Jenkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melvon Ingram (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.southrome.org

Where can I find the form 990 for South Rome Redevelopment Corporation?

South Rome Redevelopment Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.southrome.org

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

Mission Statement of South Rome Redevelopment Corporation

South Rome Redevelopment Corporation, as its name suggests, is dedicated to the redevelopment of a specific area. More precisely, its mission lies in the revitalization of the distressed areas along South Broad Street in Rome, Georgia. This nonprofit organization aims to breathe new life into these neglected parts of the city, working tirelessly to transform them into vibrant and thriving communities. By focusing on this particular area, South Rome Redevelopment Corporation is committed to making a significant impact on the local community, enhancing its livability and fostering economic growth.

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Impact




October, 2024

The South Rome Redevelopment Corporation has significantly impacted the revitalization of the South Broad Street area in Rome, Georgia. By focusing on the redevelopment of distressed neighborhoods, the organization has spurred economic growth, improved infrastructure, and enhanced the overall quality of life for residents.

Through targeted initiatives, the corporation has transformed neglected spaces into vibrant community hubs, fostering a sense of pride among locals. Its efforts have not only attracted new businesses and investments but have also created opportunities for community engagement and improvement. The revitalization of South Broad Street is not just about physical transformation; it encompasses a broader mission of promoting social equity and inclusivity, ensuring that the benefits of redevelopment are shared among all community members.

Overall, the South Rome Redevelopment Corporation plays a crucial role in driving positive change, making the area more livable and economically viable, and fostering a healthier, more cohesive community.




This information is meant to be a general summary of South Rome Redevelopment 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
$357,003 (2023)
Expenses
$145,380 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $10,744
  • Program Service Revenue: $321,577
  • Gross Receipts: $360,173

Assets and Liabilities:

  • Total Assets: $582,567
  • Total Liabilities: $64
  • Net Assets: $582,503

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Programs

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

TUITION AND FEES

Revenue

$260,077

DEVELOPMENT FEES

Revenue

$61,500

Organization Details

Founding Year

2002

Principal Officer

David Williams

NTEE Category

Code: S31 - Community improvement

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