Overview
What is Community Development Corporation Of Leesburg Inc?
Community Development Corporation of Leesburg Inc, based in Leesburg, Florida, is a nonprofit organization with a mission to enhance the living standards of low-to-moderate income residents in the East Leesburg community and beyond. They focus on promoting and implementing economic and community development issues, fostering partnerships, and preserving the community's heritage. Their primary activity involves making contributions to various organizations to support civic awareness. With a small team of two dedicated individuals, this organization plays a significant role in uplifting their local community.
Official website here: www.leesburgcdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
The Community Development Corporation of Leesburg Inc has received an 81% score, reflecting a strong emphasis on accountability and finance. This score suggests that the organization maintains a high standard of financial management, ensuring that donations are used effectively. The rating is based entirely on the Accountability & Finance score, indicating a solid foundation in governance and operational practices.
One notable strength of the organization is its governance structure, with 90% of board members being independent. This independence is crucial for maintaining objectivity and integrity in decision-making. Additionally, the organization has sound policies in place, such as conflict of interest and whistleblower protections, all contributing to transparent operations.
However, while the financial metrics are promising, the rating does not encompass other dimensions such as programs or impact, which could provide a more comprehensive view of the organization's effectiveness. The high program expense ratio indicates that all expenses are directed towards programmatic efforts, demonstrating a commitment to fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Community Development Corporation Of Leesburg Inc legitimate?
Community Development Corporation Of Leesburg Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Development Corporation Of Leesburg 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: $68,249
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,165
For more financial information, click here
Official website here: www.leesburgcdc.org
What is the mission statement of Community Development Corporation Of Leesburg Inc?
The Community Development Corporation of Leesburg Inc. is committed to enhancing the quality of life for low-to-moderate income residents, extending beyond the East Leesburg community. The organization actively promotes and implements economic and community development issues, fostering partnerships while safeguarding the community's heritage. The mission of Community Development Corporation of Leesburg Inc. is primarily focused on improving the living standards of its targeted demographic, while simultaneously driving economic growth and preserving the local heritage.
Official website here: www.leesburgcdc.org
Who is the CEO of Community Development Corporation Of Leesburg Inc?
John Christian is the Chairman of Community Development Corporation Of Leesburg Inc.
Official website here: www.leesburgcdc.org
What is the revenue of Community Development Corporation Of Leesburg Inc?
Community Development Corporation Of Leesburg Inc's revenue in 2022 was $1,033,750.
Official website here: www.leesburgcdc.org
Who are the executives of Community Development Corporation Of Leesburg Inc and what are their salaries?
The average compensation at Community Development Corporation Of Leesburg Inc during 2022 was $52,707. There are 2 employees and 10 volunteers at Community Development Corporation Of Leesburg Inc.
Here are 10 key members and their salaries:
- Compensation: $68,249
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.leesburgcdc.org
Where can I find the form 990 for Community Development Corporation Of Leesburg Inc?
Community Development Corporation Of Leesburg Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leesburgcdc.org
Learn more at the official website: www.leesburgcdc.org
Mission Statement of Community Development Corporation Of Leesburg Inc
The Community Development Corporation of Leesburg, in its mission, strives to enhance the quality of life for low-to-moderate income residents in various communities. This organization is committed to promoting and implementing economic and community development issues, fostering partnerships, and preserving the heritage of these communities. Its primary goal is to improve living standards for its target demographic, while simultaneously advocating for their needs and interests. The Community Development Corporation of Leesburg plays a pivotal role in supporting various organizations, contributing to civic awareness and fostering a sense of unity within the communities it serves.
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Impact
July, 2024
The impact of the Community Development Corporation Of Leesburg Inc is centered around improving the quality of life for low-to-moderate income residents in the East Leesburg community and beyond. By promoting and implementing economic and community development initiatives, the CDC of Leesburg is working to create a more vibrant and sustainable community. Through partnerships and initiatives, they are preserving the heritage of the community while supporting civic awareness. Their efforts contribute to overall community improvement, making a tangible difference in the lives of those they serve.
This information is meant to be a general summary of Community Development Corporation Of Leesburg 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: -$1,063
- Program Service Revenue: $134,290
- Gross Receipts: $1,058,993
Assets and Liabilities:
- Total Assets: $3,050,056
- Total Liabilities: $348,486
- Net Assets: $2,701,570
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL RENT
Revenue
$77,479
COMMERCIAL RENT
Revenue
$56,811
Organization Details
Founding Year
1998
Phone
(352) 314-8868Principal Officer
John Christian
Main Address
314 SOUTH CANAL STREET, LEESBURG, FL, 34748
Website
www.leesburgcdc.orgNTEE Category
Code: S99 - Community improvement
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