Overview
What is Sumter County Community Development Corporation?
The Sumter County Community Development Corporation, located at 13 E CANAL STREET, SUMTER, SC 29150, is a dedicated nonprofit organization serving the community. Primarily, they focus on assisting low-income citizens in Sumter County with affordable housing. Their initiatives extend beyond this, involving youth building training as well. The corporation provides owner-occupied rehabilitation and emergency repairs for elderly and/or handicapped residents in Sumter and Lee Counties. Emergency repairs often involve making bathrooms accessible, fixing roofs, and other structural improvements to ensure the safety and well-being of clients. The more in-depth owner-occupied rehabilitation may include major repairs to structures, window and door installation, and foundation repairs. In the recent fiscal year, the corporation aided 9 families through these services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
The Sumter County Community Development Corporation has received a solid Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance with an overall score of 87%. This rating is derived entirely from the organization's financial practices, indicating a commitment to transparency and responsible management of resources.
Key strengths include the presence of a fully independent board, with 11 members, and the absence of any material diversion of assets. The organization has robust policies in place, including a documented conflict of interest policy and procedures for document retention and destruction. Additionally, an impressively high program expense ratio of 95.34% demonstrates that a significant portion of its funding is directed towards its programs rather than administrative costs.
While the organization shows many strengths, the focus on accountability and finance suggests that there may be limited information available regarding its overall impact or effectiveness in fulfilling its mission. Nonetheless, the high fiscal responsibility and governance standards reflect a nonprofit that is managing its resources well.
This AI summary has been generated from information found on Charity Navigator.
Is Sumter County Community Development Corporation legitimate?
Sumter County Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sumter County 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,477
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What is the mission statement of Sumter County Community Development Corporation?
The Sumter County Community Development Corporation's mission is focused on assisting low-income citizens in the community. A significant part of their mission involves providing affordable housing solutions. Additionally, they offer a youth building training program to equip young individuals with necessary skills. In terms of housing, they provide both owner-occupied rehabilitation and emergency repairs for elderly and handicapped residents, ensuring homes are safe and accessible. These repairs may include structural improvements, making bathrooms accessible, and repairing roofs. For more extensive repairs, owner-occupied rehabilitation may involve major renovations to structures, installing windows and doors, and repairing foundations. During the recent fiscal year, they assisted nine families with their housing needs.
Who is the CEO of Sumter County Community Development Corporation?
Sharon Teigue is the Chairperson of Sumter County Community Development Corporation.
What is the revenue of Sumter County Community Development Corporation?
Sumter County Community Development Corporation's revenue in 2022 was $460,758.
Who are the executives of Sumter County Community Development Corporation and what are their salaries?
The average compensation at Sumter County Community Development Corporation during 2022 was $19,238. There are 2 employees and 12 volunteers at Sumter County Community Development Corporation.
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Where can I find the form 990 for Sumter County Community Development Corporation?
Sumter County Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sumter County Community Development Corporation
The Sumter County Community Development Corporation, in its mission, works diligently to assist low-income citizens residing in Sumter County. This nonprofit organization is committed to providing affordable housing solutions for its community members. In addition to this primary focus, Sumter County Community Development Corporation also offers youth building training programs, aiming to equip young individuals with valuable skills.
To fulfill its mission, the corporation provides owner-occupied rehabilitation and emergency repair services for homes of elderly and/or handicapped residents in Sumter and Lee Counties. These repairs often involve critical improvements such as making bathrooms accessible, repairing roofs, and addressing structural issues to enhance the safety and well-being of the clients. For more extensive repairs, the organization offers owner-occupied rehabilitation, which may involve substantial renovations, including installing windows and doors, repairing foundations, and other significant improvements to the homes. During the most recent fiscal year, the Sumter County Community Development Corporation successfully assisted nine families through these programs.
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Impact
July, 2024
Sumter County Community Development Corporation has made a significant impact in the community by assisting low-income citizens of Sumter County with affordable housing. They focus on owner-occupied rehabilitation and emergency repair for homes of elderly and/or handicapped residents of Sumter and Lee Counties. This includes making bathrooms accessible, repairing roofs, and other structural improvements to enhance the safety and well-being of their clients.
In the past fiscal year, Sumter County Community Development Corporation was able to help nine families with their housing needs. Through their efforts, they have improved the living conditions of these families and contributed to the overall community improvement in Sumter County. Additionally, their youth building training programs provide valuable skills and opportunities for young individuals in the community.
This information is meant to be a general summary of Sumter County 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.
- Program Service Revenue: $91,961
- Gross Receipts: $460,758
Assets and Liabilities:
- Total Assets: $718,489
- Total Liabilities: $11,689
- Net Assets: $706,800
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME CONSTRUCTION
Revenue
$59,423
NSP RENTALS
Revenue
$32,538
Organization Details
Founding Year
2000
Phone
(803) 436-2419Principal Officer
Sharon Teigue
Main Address
13 E CANAL STREET, SUMTER, SC, 29150
NTEE Category
Code: S31 - Community improvement
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