Overview
What is Corporation To Develop Communities Of Tampa Inc?
Corporation To Develop Communities Of Tampa Inc is a nonprofit organization located at 1907 East Hillsborough Avenue, Tampa, Florida 33610. Their primary mission is to revitalize communities by alleviating poverty and addressing physical deterioration. They aim to create economically viable, safe, and attractive neighborhoods, serving as a recognized leader in community economic development. Their initiatives include shaping policies, programs, and services that foster job creation, boost community pride, promote entrepreneurship, and develop youth leadership. The organization also provides opportunities for high school students through its Youth Leadership Program, offering academic mentoring, employability, entrepreneurship, and financial literacy guidance. With a team of 30 employees, Corporation To Develop Communities Of Tampa Inc is committed to enhancing local communities and empowering young individuals.
Official website here: www.cdcoftampa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 92% - Four-Star out of Four Star Rating
Corporation To Develop Communities Of Tampa Inc has earned a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and transparency. The organization boasts an impressive Accountability & Finance Score of 85, driven by a fully independent board and robust financial oversight measures. Notably, it has maintained no material diversion of assets, indicating sound fiscal management.
In terms of impact, the nonprofit achieved a perfect score of 100 in both overall impact and impact evaluation. This suggests that the organization has effectively implemented programs that benefit its community, having positively impacted 226 beneficiaries within a single year. The high program expense ratio of 85.17% further emphasizes its dedication to utilizing funds primarily for programmatic activities.
While the ratings indicate a strong operational framework, ongoing evaluation and transparency will be crucial for maintaining trust and support from donors and stakeholders. Overall, the Corporation To Develop Communities Of Tampa Inc demonstrates strong organizational health and a significant positive impact in its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Corporation To Develop Communities Of Tampa Inc?
96% of 64 reviewers on Facebook recommend Corporation To Develop Communities Of Tampa Inc. Here's a summary of their reviews:
Many participants praise the home buying classes offered by this nonprofit, highlighting them as "awesome" and a valuable resource for those looking to navigate the complexities of purchasing a home. These classes appear to equip attendees with essential knowledge and skills, reflecting positively on the organization’s commitment to empowering the community.
Overall, the reviews indicate a strong satisfaction with the services provided, suggesting the nonprofit effectively delivers on its promise to assist individuals in achieving their homeownership goals.
This AI summary has been generated from reviews found on Facebook.
Is Corporation To Develop Communities Of Tampa Inc legitimate?
Corporation To Develop Communities Of Tampa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corporation To Develop Communities Of Tampa 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: $320,394
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,511,338
For more financial information, click here
Official website here: www.cdcoftampa.org
What is the mission statement of Corporation To Develop Communities Of Tampa Inc?
Corporation To Develop Communities Of Tampa Inc, often referred to as CDC of Tampa, was established with the mission to revitalize communities. This mission is achieved by addressing two primary issues: poverty and physical deterioration. By alleviating these problems, CDC of Tampa works towards creating economically viable, safe, and appealing neighborhoods. The organization aims to be a recognized leader in community economic development, influencing and enacting policies, programs, and services that result in job creation, community pride, entrepreneurship promotion, development of youth leadership, commercial area revitalization, and affordable housing construction.
Official website here: www.cdcoftampa.org
Who is the CEO of Corporation To Develop Communities Of Tampa Inc?
Ernest Coney Jr is the Chairwoman of Corporation To Develop Communities Of Tampa Inc. The CEO's salary of Corporation To Develop Communities Of Tampa Inc is $167,802 and their total compensation is $172,836.
Official website here: www.cdcoftampa.org
What is the revenue of Corporation To Develop Communities Of Tampa Inc?
Corporation To Develop Communities Of Tampa Inc's revenue in 2022 was $4,464,127.
Official website here: www.cdcoftampa.org
Who are the executives of Corporation To Develop Communities Of Tampa Inc and what are their salaries?
The average compensation at Corporation To Develop Communities Of Tampa Inc during 2022 was $61,058. There are 30 employees and 11 volunteers at Corporation To Develop Communities Of Tampa Inc.
Here are 14 key members and their salaries (Corporation To Develop Communities Of Tampa Inc's CEO's salary is $167,802 and their total compensation is $172,836):
- 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: $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: $0
- Related: $0
- Other: $0
- Compensation: $46,417
- Related: $0
- Other: $1,393
- Compensation: $167,802
- Related: $0
- Other: $5,034
- Compensation: $106,175
- Related: $0
- Other: $3,185
Official website here: www.cdcoftampa.org
Where can I find the form 990 for Corporation To Develop Communities Of Tampa Inc?
Corporation To Develop Communities Of Tampa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cdcoftampa.org
Learn more at the official website: www.cdcoftampa.org
Mission Statement of Corporation To Develop Communities Of Tampa Inc
Corporation To Develop Communities Of Tampa Inc, often referred to as CDC of Tampa, was established with a mission to revitalize communities. Their objective is multifaceted, aiming to alleviate poverty and improve the physical conditions of these areas. By accomplishing these goals, CDC of Tampa strives to create economically viable, secure, and appealing neighborhoods.
As a recognized community economic development leader, CDC of Tampa aims to influence, create, and enact policies, programs, and services that foster job creation, boost community pride, encourage entrepreneurship, develop youth leadership, revitalize commercial areas, and construct affordable housing. Their initiatives are designed to enhance the overall livability and economic prosperity of the communities they serve.
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
July, 2024
The impact of Corporation To Develop Communities Of Tampa Inc is evident in their efforts to revitalize communities by alleviating poverty and physical deterioration. Through their youth leadership program, they provide vital services that assist high school students with academic mentoring, employability, entrepreneurship, and financial literacy. By striving to be a recognized community economic development leader, CDC of Tampa works towards creating economically viable, safe, and attractive neighborhoods. Their activities aim to create jobs, build community pride, promote entrepreneurship, develop youth leadership, revitalize commercial areas, and increase affordable housing options in the Tampa area. Overall, their commitment to community improvement is making a tangible difference in the lives of individuals and the overall well-being of the neighborhoods they serve.
This information is meant to be a general summary of Corporation To Develop Communities Of Tampa 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: $1,561,731
- Gross Receipts: $4,555,812
Assets and Liabilities:
- Total Assets: $34,315,918
- Total Liabilities: $27,151,772
- Net Assets: $7,164,146
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 INCOME
Revenue
$799,691
DEVELOPER REV
Revenue
$382,358
PROGRAM SERVICES
Revenue
$379,682
Organization Details
Founding Year
1992
Phone
(813) 231-4362Principal Officer
Ernest Coney Jr
Main Address
1907 EAST HILLSBOROUGH AVENUE, TAMPA, FL, 33610
Website
www.cdcoftampa.orgNTEE Category
Code: S200 - Community improvement
If you are a representative of Corporation To Develop Communities Of Tampa 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.