Columbia Housing Development Corporation

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

EIN: 570725424 ✦ Columbia, SC ✦ Designated as a 501(c)(3)

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Overview

What is Columbia Housing Development Corporation?

Columbia Housing Development Corporation is a nonprofit organization situated in Columbia, South Carolina, with a specific mission to stimulate residential development within the city's inner districts. They achieve this by purchasing homes in targeted neighborhoods and offering low-interest loans to eligible applicants, thus promoting homeownership opportunities for the city's residents. The corporation's dedication to this cause aims to improve the quality of life for Columbia's citizens.

Is Columbia Housing Development Corporation legitimate?

Columbia Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbia Housing 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

What is the mission statement of Columbia Housing Development Corporation?

The Columbia Housing Development Corporation actively works towards stimulating the development of housing. Their primary mission is to provide quality homeownership opportunities to citizens, demonstrating a diligent commitment to this cause. To achieve this, they stimulate residential development in targeted neighborhoods by purchasing homes and offering low-interest loans to qualified applicants. This organization's efforts aim to enhance housing opportunities within the community, contributing to overall socio-economic growth and well-being.

Who is the CEO of Columbia Housing Development Corporation?

Angela English is the Board Member of Columbia Housing Development Corporation.

What is the revenue of Columbia Housing Development Corporation?

Columbia Housing Development Corporation's revenue in 2022 was $261,111.

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


Here are 5 key members and their salaries:


Francis Schodowski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Lanpher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miles T Hanley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela English (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathi Snipes (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Columbia Housing Development Corporation?

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

Mission Statement of Columbia Housing Development Corporation

Columbia Housing Development Corporation is committed to stimulating the development of housing within its community. With a mission to provide quality homeownership opportunities, the organization diligently works towards this goal. The corporation achieves this by stimulating residential development in the inner city of Columbia. They accomplish this by purchasing homes in targeted neighborhoods and offering low-interest loans to qualified applicants. This approach enables more citizens to become homeowners, thereby contributing to the overall growth and development of the community.

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Impact




October, 2024

Columbia Housing Development Corporation plays a crucial role in stimulating residential development in Columbia, South Carolina. By purchasing homes in targeted neighborhoods, it revitalizes areas in the inner city, making them more attractive and accessible to potential homeowners. The organization makes low-interest loans available to qualified applicants, facilitating homeownership for individuals who may otherwise struggle in the housing market.

This initiative not only increases the availability of affordable housing but also contributes to the overall economic development of the community. Through its efforts, Columbia Housing Development Corporation helps to enhance the quality of life for residents, promote neighborhood stability, and foster a sense of community pride. Its commitment to providing quality homeownership opportunities significantly impacts both the local housing landscape and the lives of the citizens it serves.




This information is meant to be a general summary of Columbia Housing 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
$261,111 (2022)
Expenses
$369,243 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,847
  • Program Service Revenue: $48,200
  • Gross Receipts: $261,111

Assets and Liabilities:

  • Total Assets: $2,388,043
  • Total Liabilities: $939,305
  • Net Assets: $1,448,738

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Programs

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

RENTAL INCOME

Revenue

$48,200

Organization Details

Founding Year

1980

Principal Officer

Angela English

Main Address

3905 ENSOR AVENUE, COLUMBIA, SC, 29203

NTEE Category

Code: L25 - Housing

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