Overview
What is University Community Development Corporation?
The University Community Development Corporation (UCDC) is a nonprofit organization situated in Atlanta, Georgia, specifically at 660 Atlanta Student Movement Blvd, 30314. Their primary mission is to facilitate community development in the Westside Atlanta area, with the aim of creating a vibrant, prosperous, sustainable, and equitable community that enhances the quality of life for both current and future residents. In FY 2022, UCDC accomplished the sale of four lots to organizations focusing on the production of affordable housing. Their core activity is providing housing opportunities for low- and moderate-income households, demonstrating their commitment to social equity and community development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
The University Community Development Corporation has received a 79% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The score reflects the organization's strong governance practices, including having a fully independent board and effective conflict of interest and whistleblower policies in place.
Strengths highlighted in the evaluation include an impressive program expense ratio of 71.83%, which suggests that a significant portion of its resources is allocated to its programs rather than administrative costs. Additionally, the organization has demonstrated exemplary practices in maintaining board meeting minutes and document retention policies, contributing positively to its transparency and accountability.
However, while the overall score is commendable, it is solely based on the accountability and finance beacon, which means there may be limited insights into other operational aspects such as program effectiveness or community impact. This could be an area for growth in providing a more comprehensive view of the organization's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is University Community Development Corporation legitimate?
University Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University 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.
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What is the mission statement of University Community Development Corporation?
The University Community Development Corporation's mission is to assemble necessary resources to execute community development plans, focusing on the Westside Atlanta area. The primary objective is to establish a thriving, prosperous, sustainable, and equitable community that improves the quality of life for both current and future residents. To accomplish this, UCDC completed the sale of four lots to organizations engaged in the construction of affordable housing during the 2022 fiscal year.
In simpler terms, UCDC works to gather resources and implement plans that foster community development in the Westside Atlanta area. They aim to create a vibrant, financially sound, and fair community that enhances the living conditions for area residents, both present and future. As part of this mission, UCDC sold four plots to organizations that specialize in building affordable housing during the 2022 fiscal year.
Who is the CEO of University Community Development Corporation?
Arthur E Frazier is the Board Chair of University Community Development Corporation.
What is the revenue of University Community Development Corporation?
University Community Development Corporation's revenue in 2022 was $159,741.
Who are the executives of University Community Development Corporation and what are their salaries?
There 13 volunteers at University Community Development Corporation.
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Where can I find the form 990 for University Community Development Corporation?
University Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of University Community Development Corporation
University Community Development Corporation (UCDC) is an organization dedicated to marshaling resources and realizing actionable plans for community development in the Westside Atlanta area. Their mission is to create a vibrant, prosperous, sustainable, and equitable community that enhances the quality of life for current and future residents. To accomplish this, UCDC focuses on providing housing for low- and moderate-income households. In the fiscal year 2022, UCDC demonstrated this commitment by completing the sale of four lots to organizations committed to the production of affordable housing. This action aligns with UCDC's mission to contribute to the betterment of the community by ensuring access to affordable housing, which is a crucial element in creating a sustainable and equitable living environment for all residents.
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Impact
October, 2024
University Community Development Corporation significantly impacts the Westside Atlanta area by fostering community development and enhancing the quality of life for its residents. In FY 2022, UCDC completed the sale of four lots to organizations dedicated to creating affordable housing, directly addressing the needs of low- and moderate-income households. This initiative not only provides necessary housing solutions but also contributes to the broader mission of realizing actionable community development plans. By marshaling resources effectively, UCDC plays a crucial role in cultivating a vibrant, prosperous, sustainable, and equitable community, ultimately benefiting both current and future residents of Westside Atlanta.
This information is meant to be a general summary of University 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.
- Investment Income: $194,875
- Gross Receipts: $430,729
Assets and Liabilities:
- Total Assets: $879,532
- Total Liabilities: $976,725
- Net Assets: -$97,193
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Organization Details
Founding Year
1989
Phone
(470) 639-0709Principal Officer
Arthur E Frazier
Main Address
660 Atlanta Student Movement Blvd, ATLANTA, GA, 30314
NTEE Category
Code: S20 - Community improvement
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