Overview
What is Frameworks Community Development Corporation Inc?
Frameworks Community Development Corporation Inc is a nonprofit organization that focuses on empowering low-income individuals by providing essential services. They offer home buyer education and counseling, aiming to guide people through the home purchasing process. Additionally, they provide foreclosure prevention counseling to help individuals avoid losing their homes during financial hardships. Financial literacy education is another crucial aspect of their mission, teaching essential money management skills. Moreover, Frameworks facilitates affordable housing opportunities, including home ownership and rental provisions, ensuring that everyone has access to safe and affordable living spaces.
Official website here: www.frameworkscdc.org
Is Frameworks Community Development Corporation Inc legitimate?
Frameworks Community Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frameworks Community Development Corporation Inc 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: $128,055
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,988
For more financial information, click here
Official website here: www.frameworkscdc.org
What is the mission statement of Frameworks Community Development Corporation Inc?
Frameworks Community Development Corporation Inc's mission is centered around providing essential services to low-income individuals. They offer home buyer education and counseling, aiming to guide individuals through the home buying process. Additionally, they provide foreclosure prevention counseling, offering support during financially challenging times. Financial literacy education is another key aspect of their mission, helping individuals manage their finances more effectively. Furthermore, they facilitate affordable housing options, including both home ownership and rental opportunities. This non-profit organization strives to make housing more accessible for those in need.
Official website here: www.frameworkscdc.org
Who is the CEO of Frameworks Community Development Corporation Inc?
Joyce Mcdonald is the Chair of Frameworks Community Development Corporation Inc.
Official website here: www.frameworkscdc.org
What is the revenue of Frameworks Community Development Corporation Inc?
Frameworks Community Development Corporation Inc's revenue in 2022 was $326,212.
Official website here: www.frameworkscdc.org
Who are the executives of Frameworks Community Development Corporation Inc and what are their salaries?
The average compensation at Frameworks Community Development Corporation Inc during 2022 was $88,522. There are 2 employees and 5 volunteers at Frameworks Community Development Corporation Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $126,702
- Related: $0
- Other: $1,353
Official website here: www.frameworkscdc.org
Where can I find the form 990 for Frameworks Community Development Corporation Inc?
Frameworks Community Development Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.frameworkscdc.org
Learn more at the official website: www.frameworkscdc.org
Mission Statement of Frameworks Community Development Corporation Inc
Frameworks Community Development Corporation Inc is dedicated to serving low-income individuals by providing various educational and housing-related services. Their primary mission involves offering home buyer education and counseling, aiming to equip individuals with the necessary knowledge to navigate the complex process of home ownership. Furthermore, Frameworks provides foreclosure prevention counseling, offering guidance and support to those at risk of losing their homes.
In addition to these housing-focused initiatives, Frameworks also offers financial literacy education. This program aims to improve the financial management skills of its beneficiaries, enabling them to make informed decisions about their finances and secure a stable future. Lastly, Frameworks facilitates the creation of affordable housing opportunities, catering to both homeowners and renters. By providing these comprehensive services, Frameworks Community Development Corporation Inc strives to empower low-income individuals and contribute to the broader goal of promoting housing stability and financial well-being.
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
Frameworks Community Development Corporation Inc plays a pivotal role in enhancing the financial stability and housing security of low-income individuals in Austin, TX. By offering homebuyer education and counseling, the organization equips prospective homeowners with the knowledge and skills necessary to navigate the complexities of purchasing a home. This educational support not only empowers individuals but also contributes to a more informed and responsible community of homeowners.
In addition to homebuyer services, the organization provides foreclosure prevention counseling, helping families facing financial hardship to explore options and avoid losing their homes. This proactive approach not only protects individual families but also stabilizes neighborhoods by reducing the number of foreclosures.
Frameworks also emphasizes financial literacy education, which is crucial for low-income individuals who may not have access to comprehensive financial resources. This education helps participants understand budgeting, credit management, and savings strategies, thereby fostering economic independence and resilience.
Furthermore, by facilitating affordable housing options, the organization plays a critical role in addressing the housing crisis, ensuring that more families have access to safe and stable living conditions. This multifaceted approach not only enhances individual quality of life but also contributes to the overall improvement of the community, creating a stronger, more equitable society.
This information is meant to be a general summary of Frameworks Community Development Corporation Inc. 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: $282,943
- Gross Receipts: $326,212
Assets and Liabilities:
- Total Assets: $2,341,196
- Total Liabilities: $2,217,275
- Net Assets: $123,921
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.
RENTAL PROPERTY
Revenue
$176,091
ACQUISITION AND REHAB
Revenue
$97,049
HOME BUYER EDUCATION
Revenue
$9,803
Organization Details
Founding Year
2004
Phone
(512) 385-1500Principal Officer
Joyce Mcdonald
Main Address
2200 E MARTIN LUTHER KING JR BLVD, AUSTIN, TX, 787023739
Website
www.frameworkscdc.orgNTEE Category
Code: S31 - Community improvement
If you are a representative of Frameworks Community Development Corporation Inc 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.