Overview
What is Community Redevelopment Loan And Investment Fund Inc?
Community Redevelopment Loan and Investment Fund Inc, based in Atlanta, Georgia, serves as a nonprofit organization with a unique mission. Their primary focus is on lending funds for residential projects aimed at revitalizing neighborhoods in the metropolitan Atlanta area. Specifically, they provide financial support to builders constructing affordable and mixed-income housing communities, contributing to the overall improvement of these neighborhoods. By providing these loans, the organization plays a crucial role in enhancing the living conditions and affordability of homes in the metro Atlanta area.
Official website here: www.andpi.org
Is Community Redevelopment Loan And Investment Fund Inc legitimate?
Community Redevelopment Loan And Investment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Redevelopment Loan And Investment Fund 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
Official website here: www.andpi.org
What is the mission statement of Community Redevelopment Loan And Investment Fund Inc?
The Community Redevelopment Loan and Investment Fund Inc is dedicated to lending funds for residential projects that contribute to the revitalization of neighborhoods in the metropolitan Atlanta area. The primary focus of the corporation is to support builders constructing affordable and mixed-income housing communities. By providing financial assistance, this organization aims to positively impact the local community and offer housing opportunities for a diverse range of income levels.
Official website here: www.andpi.org
Who is the CEO of Community Redevelopment Loan And Investment Fund Inc?
John O'Callaghan is the Ceo/Director of Community Redevelopment Loan And Investment Fund Inc. The CEO's salary of Community Redevelopment Loan And Investment Fund Inc is $0 and their total compensation is $405,784.
Official website here: www.andpi.org
What is the revenue of Community Redevelopment Loan And Investment Fund Inc?
Community Redevelopment Loan And Investment Fund Inc's revenue in 2022 was $3,977,537.
Official website here: www.andpi.org
Who are the executives of Community Redevelopment Loan And Investment Fund Inc and what are their salaries?
Here are 30 key members and their salaries (Community Redevelopment Loan And Investment Fund Inc's CEO's salary is $0 and their total compensation is $405,784):
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- Related: $188,071
- Other: $41,045
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- Related: $131,186
- Other: $28,648
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- Related: $325,237
- Other: $80,547
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- Related: $169,691
- Other: $47,595
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- Related: $109,541
- Other: $29,825
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- Compensation: $0
- Related: $136,835
- Other: $26,397
- Compensation: $0
- Related: $164,228
- Other: $185,973
Official website here: www.andpi.org
Where can I find the form 990 for Community Redevelopment Loan And Investment Fund Inc?
Community Redevelopment Loan And Investment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.andpi.org
Learn more at the official website: www.andpi.org
Mission Statement of Community Redevelopment Loan And Investment Fund Inc
Community Redevelopment Loan and Investment Fund Inc is dedicated to lending funds to builders of affordable and mixed-income housing communities in metro Atlanta. Their sole purpose is to revitalize neighborhoods in the area by providing financial support for residential projects. This nonprofit organization works towards improving living conditions and promoting social equality by offering affordable housing options, contributing to the overall development and betterment of the community.
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Impact
October, 2024
Community Redevelopment Loan and Investment Fund Inc plays a crucial role in enhancing the quality of life in Metro Atlanta by providing financing solutions specifically targeted at builders of affordable and mixed-income housing. Their efforts focus on revitalizing neighborhoods, leading to improved living conditions and the promotion of economic stability within local communities. By facilitating the development of residential projects, the fund helps to increase access to affordable housing, thereby reducing housing insecurity and fostering a sense of community.
This initiative not only addresses the immediate need for affordable housing but also supports broader community improvement efforts. The investments made in these housing projects can stimulate local economies, create jobs, and attract new residents, ultimately contributing to the overall vitality of Metro Atlanta. Additionally, by focusing on mixed-income developments, the organization promotes social integration, enabling diverse groups of people to live in closer proximity, which can enhance social cohesion and reduce economic disparities.
This information is meant to be a general summary of Community Redevelopment Loan And Investment Fund 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.
- Investment Income: $63,655
- Program Service Revenue: $1,362,617
- Gross Receipts: $3,977,537
Assets and Liabilities:
- Total Assets: $28,022,804
- Total Liabilities: $17,481,090
- Net Assets: $10,541,714
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$1,021,343
INTEREST INCOME
Revenue
$341,274
Organization Details
Founding Year
1998
Phone
(404) 522-2637Principal Officer
John O'Callaghan
Main Address
229 PEACHTREE STREET NE SUITE 705, ATLANTA, GA, 30303
Website
www.andpi.orgNTEE Category
Code: S202 - Community improvement
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