Community Developers Of Granite Quarry Inc

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

EIN: 581484320 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Community Developers Of Granite Quarry Inc?

Community Developers of Granite Quarry Inc is a nonprofit organization situated in Charlotte, North Carolina. Their primary mission is to address the housing needs of the elderly population by offering 30 affordable units. This commitment to affordable living is a crucial part of their operation, ensuring that the elderly community has access to suitable housing. The organization's activities are centered around providing low-income housing, thereby contributing positively to the community and addressing a significant socio-economic challenge.

Is Community Developers Of Granite Quarry Inc legitimate?

Community Developers Of Granite Quarry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Developers Of Granite Quarry 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Community Developers Of Granite Quarry Inc?

Community Developers Of Granite Quarry Inc is committed to providing low-income housing for the elderly as part of its mission. This organization operates 30 such housing units in Charlotte, North Carolina, contributing to the availability of affordable housing for this specific population. Through its efforts, Community Developers Of Granite Quarry Inc aims to enhance the living conditions of the elderly, ensuring they have access to suitable housing.

Who is the CEO of Community Developers Of Granite Quarry Inc?

Lisa Lemos is the President of Community Developers Of Granite Quarry Inc.

What is the revenue of Community Developers Of Granite Quarry Inc?

Community Developers Of Granite Quarry Inc's revenue in 2022 was $267,719.

Who are the executives of Community Developers Of Granite Quarry Inc and what are their salaries?

There 3 volunteers at Community Developers Of Granite Quarry Inc.


Here are 3 key members and their salaries:


Bill Bolstad (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cari Jones (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Lemos (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Community Developers Of Granite Quarry Inc?

Community Developers Of Granite Quarry Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Community Developers Of Granite Quarry Inc

Community Developers of Granite Quarry is a dedicated organization that strives to address the housing needs of the elderly population. Their primary mission is to provide low-income housing, serving as a beacon of affordability for this demographic. Located in an unspecified location, this nonprofit operates 30 housing units, all designed to cater to the needs of the elderly. This commitment to affordable housing is a significant part of their mission to improve the living conditions of the elderly, ensuring they can age with dignity and security. By providing these 30 units, Community Developers of Granite Quarry is making a tangible impact in the lives of many elderly individuals, offering them a safe and affordable place to call home.

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Impact




October, 2024

Community Developers of Granite Quarry Inc significantly impacts the lives of elderly individuals in Charlotte, NC, by providing access to affordable housing. By managing 30 low-income housing units specifically designed for seniors, the organization ensures that vulnerable members of the community can secure safe, stable, and dignified living conditions. This effort not only alleviates the financial burden on elderly residents but also fosters a sense of community and support among neighbors. Through its work, Community Developers of Granite Quarry plays a crucial role in enhancing the quality of life for seniors, promoting their well-being, and contributing to a more inclusive and equitable society.




This information is meant to be a general summary of Community Developers Of Granite Quarry 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.

Revenue
$267,719 (2022)
Expenses
$221,569 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $122
  • Program Service Revenue: $97,260
  • Gross Receipts: $267,719

Assets and Liabilities:

  • Total Assets: $1,008,343
  • Total Liabilities: $972,308
  • Net Assets: $36,035

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Programs

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

TENANT RENTAL PAYMENTS

Revenue

$96,401

SPECIAL CLAIMS REVENUE

Revenue

$421

LAUNDRY & VENDING

Revenue

$413

TENANT CHARGES

Revenue

$25

Organization Details

Founding Year

1982

Principal Officer

Lisa Lemos

Main Address

4600 PARK ROAD SUITE 390, CHARLOTTE, NC, 28209

NTEE Category

Code: L22 - Housing

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