Overview
What is Kingdom Community Development Corporation?
Kingdom Community Development Corporation, based in Spring Lake, North Carolina, is a dedicated nonprofit organization. Their primary mission involves constructing affordable housing, offering counseling for home ownership, and revitalizing low to moderate-income communities through economic development initiatives. By doing so, they aim to ensure that the American dream of homeownership is within reach for many individuals. With a team of five dedicated employees, Kingdom CDC actively works towards improving and uplifting their community.
Official website here: www.kingdomcdc.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Kingdom Community Development Corporation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 92%, with its overall score derived from a single beacon focused entirely on financial accountability measures. Such a high rating signifies transparency and responsible stewardship of resources, which are critical factors for donor confidence.
One of the notable strengths of the organization is its governance structure, boasting 100% independent board members, which contributes to its ethical oversight. Furthermore, the organization has a solid program expense ratio of 89.47%, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs. The presence of an Audit and Oversight Committee enhances its financial oversight capabilities, ensuring that financial practices are sound and accountable.
However, the data also indicates a limitation with the organization’s whistleblower policy, which is missing. While the entity has robust policies in several areas, the absence of a whistleblower policy can be a concern as it may affect the internal reporting of unethical behavior. Overall, Kingdom Community Development Corporation demonstrates a commitment to transparency and effective resource use, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Kingdom Community Development Corporation?
100% of the 8 reviews on Facebook recommend Kingdom Community Development Corporation. Here is a summary of their reviews:
Participants express strong approval for the organization's mission, highlighting its impactful role in educating future homeowners and facilitating access to home ownership. Users appreciate the compassionate and courteous demeanor of the staff, which contributes positively to their experience.
Overall, the feedback suggests that people view Kingdom Community Development Corporation as a valuable resource in creating wealth through homeownership, effectively removing barriers that often hinder the journey to owning a home.
This AI summary has been generated from reviews found on Facebook.
Is Kingdom Community Development Corporation legitimate?
Kingdom Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kingdom 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $257,817
For more financial information, click here
Official website here: www.kingdomcdc.org/
What is the mission statement of Kingdom Community Development Corporation?
The Kingdom Community Development Corporation's mission is centered around constructing affordable housing and offering home ownership counseling. Their primary goal is to revitalize and revive low to moderate-income communities through economic development. This initiative aims to provide access to the American dream, ensuring that these communities can thrive and prosper. The corporation's activities include home renovations and restorations, as well as offering guidance for home ownership to help individuals secure their dream homes.
Official website here: www.kingdomcdc.org/
Who is the CEO of Kingdom Community Development Corporation?
Mary A Hickey-King is the Secretary of Kingdom Community Development Corporation.
Official website here: www.kingdomcdc.org/
What is the revenue of Kingdom Community Development Corporation?
Kingdom Community Development Corporation's revenue in 2022 was $1,395,246.
Official website here: www.kingdomcdc.org/
Who are the executives of Kingdom Community Development Corporation and what are their salaries?
The average compensation at Kingdom Community Development Corporation during 2022 was $51,563. There are 5 employees at Kingdom Community Development Corporation.
Here are 7 key members and their salaries:
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Official website here: www.kingdomcdc.org/
Where can I find the form 990 for Kingdom Community Development Corporation?
Kingdom Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kingdomcdc.org/
Learn more at the official website: www.kingdomcdc.org/
Mission Statement of Kingdom Community Development Corporation
Kingdom Community Development Corporation, in its mission, strives to construct affordable housing, offer homeownership guidance, and revitalize low to moderate-income communities through economic development. The organization's ultimate goal is to make the American dream of homeownership accessible to these communities. By engaging in these activities, Kingdom CDC aims to restore and revitalize these neighborhoods, ensuring they are well-equipped to thrive.
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Impact
July, 2024
Kingdom Community Development Corporation has made a substantial impact in the community by providing affordable housing options, offering home ownership counseling, and actively working to revitalize low to moderate-income neighborhoods through economic development initiatives. Their efforts have not only helped individuals and families achieve the dream of owning a home but have also played a key role in enhancing the overall quality of life in the community. Through their dedicated work, Kingdom CDC has contributed significantly to creating a more sustainable and thriving environment for residents in SPRING LAKE, NC.
This information is meant to be a general summary of Kingdom 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $363,937
- Gross Receipts: $1,395,246
Assets and Liabilities:
- Total Assets: $4,516,612
- Total Liabilities: $436,442
- Net Assets: $4,080,170
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$190,763
Sale of Rental Property
Revenue
$173,174
Organization Details
Founding Year
1995
Principal Officer
Mary A Hickey-King
Main Address
129 N Main St, Spring Lake, NC, 283903912
Website
www.kingdomcdc.org/NTEE Category
Code: L80 - Housing
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