nonprofit logo

Burlington Development Corporation

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

EIN: 561878125 ✦ Burlington, NC ✦ 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 Burlington Development Corporation?

Burlington Development Corporation (BDC) is a nonprofit organization situated in Burlington, North Carolina. Its primary mission is to offer educational scholarships and programs to individuals with low and very-low incomes, enabling them to further their education. Additionally, BDC works towards assisting these families in transitioning from assisted housing, encouraging self-sufficiency through various initiatives and programs. BDC strives to transform the culture and mindset within public housing by promoting positive incentives and providing services that empower residents. Through collaborations and partnerships within the community, BDC aims to support the academic and economic growth of its residents, ultimately fostering a self-sufficient environment.


Official website here: www.burlingtonha.org

Is Burlington Development Corporation legitimate?

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

For more financial information, click here


Official website here: www.burlingtonha.org

What is the mission statement of Burlington Development Corporation?

The Burlington Development Corporation's mission is centered around promoting self-sufficiency and academic success among low-income individuals and families. They achieve this by engaging in or assisting in the development, financing, and operation of housing, as well as providing necessary supportive services. The corporation aims to alter the public housing culture by encouraging resident self-sufficiency through positive incentives and programs that empower residents. They foster collaboration and partnerships within the community to achieve these objectives.


Official website here: www.burlingtonha.org

Who is the CEO of Burlington Development Corporation?

Veronica Revels is the Executive Direc of Burlington Development Corporation.


Official website here: www.burlingtonha.org

What is the revenue of Burlington Development Corporation?

Burlington Development Corporation's revenue in 2022 was $143,413.


Official website here: www.burlingtonha.org

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


Here are 8 key members and their salaries:


Veronica Revels (Executive Direc)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Carter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alise Napp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lashauna Austria (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jobina Lanier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Graves (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melinda Freeman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Mills (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.burlingtonha.org

Where can I find the form 990 for Burlington Development Corporation?

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


Official website here: www.burlingtonha.org

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

Mission Statement of Burlington Development Corporation

Burlington Development Corporation, or BDC, is dedicated to making a significant impact in the lives of low-income individuals and families. Its mission is twofold: firstly, it aims to contribute to or oversee the development, financing, and operation of housing for this demographic. Secondly, BDC is committed to providing the necessary supportive services that enable residents to become self-sufficient in their academic and economic pursuits.

In an attempt to transform the culture, values, and behaviors within public housing, BDC employs positive incentives. This strategy encourages resident self-sufficiency by offering programs and services that empower them. Furthermore, BDC fosters collaboration and partnerships within the community to collectively work towards achieving this goal. By doing so, BDC aspires to bring about a positive change in the public housing sector.

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

Burlington Development Corporation (BDC) has a significant impact on the community by focusing on the development, financing, and operation of housing for low-income individuals and families. By providing supportive services, BDC helps residents enhance their academic achievements and achieve economic self-sufficiency. The organization prioritizes changing the culture surrounding public housing, instilling positive values, and encouraging resident self-sufficiency through various programs and initiatives.

In addition to facilitating access to affordable housing, BDC offers scholarships and educational opportunities specifically tailored for low and very-low income individuals. This creates pathways for residents to pursue continued education, ultimately improving their quality of life and employment prospects. BDC promotes community collaboration and partnerships, fostering an environment where residents can thrive and move beyond assisted housing.

The impact of BDC extends beyond housing; it empowers individuals to break the cycle of poverty, equips families with the resources they need to succeed, and contributes to a healthier, more vibrant community in Burlington, NC. Through its commitment to development and education, BDC plays a pivotal role in reshaping futures for many low-income residents.




This information is meant to be a general summary of Burlington 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
$143,413 (2022)
Expenses
$107,902 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,806
  • Gross Receipts: $143,413

Assets and Liabilities:

  • Total Assets: $2,066,987
  • Total Liabilities: $5,063
  • Net Assets: $2,061,924

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

Organization Details

Principal Officer

Veronica Revels

Main Address

133 N Ireland Street, Burlington, NC, 27217

NTEE Category

Code: L21 - Housing

If you are a representative of Burlington Development Corporation 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.