Overview
What is The Covenant Community Development Corporation Of Orlando Inc?
The Covenant Community Development Corporation of Orlando Inc is a nonprofit organization situated in Orlando, Florida, specifically at 2210 South Rio Grande Avenue. Their primary mission is to extend aid to the Holden Heights Community by offering affordable housing, fostering economic development, and promoting neighborhood planning. Additionally, they manage senior citizen complexes and provide social services. To fulfill their objectives, they offer temporary housing assistance and affordable housing rent to families in need, aiming to enhance the lives of community residents and uphold their inherent dignity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
The Covenant Community Development Corporation Of Orlando Inc has received a strong overall score of 91%, which reflects its high level of accountability and financial management. This Four-Star rating indicates that the organization demonstrates transparency and effective use of resources, which is essential for donor trust and engagement. The rating is based solely on Accountability & Finance, showing that the organization excels in governance and responsible financial practices.
One of the key strengths of the organization is its fully independent board of directors, with 100% of board members being independent. This structure is crucial for maintaining objectivity and avoiding conflicts of interest. Additionally, the organization maintains a solid whistleblower policy and document retention practices, further reinforcing its commitment to ethical standards and accountability.
While the organization has demonstrated excellent financial health, evidenced by a program expense ratio of nearly 94%, it does have a liabilities to assets ratio of 53.90%. This indicates some level of financial obligation, although it generally maintains a healthy balance. Overall, The Covenant Community Development Corporation Of Orlando Inc stands out for its strong governance and efficient use of funds, making it a trustworthy option for donors.
This AI summary has been generated from information found on Charity Navigator.
Is The Covenant Community Development Corporation Of Orlando Inc legitimate?
The Covenant Community Development Corporation Of Orlando Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Covenant Community Development Corporation Of Orlando 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
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What is the mission statement of The Covenant Community Development Corporation Of Orlando Inc?
The Covenant Community Development Corporation of Orlando's mission is centered around providing outreach to a specific community, Holden Heights. Their primary objectives include affordable housing, economic development, neighborhood planning, and the construction of senior citizen complexes. Furthermore, they extend their services to social services, aiming to improve the lives of inner-city residents and uphold their God-given dignity and personal well-being. To accomplish this, they offer temporary housing assistance and affordable housing rent options to families in need.
What is the revenue of The Covenant Community Development Corporation Of Orlando Inc?
The Covenant Community Development Corporation Of Orlando Inc's revenue in 2023 was $149,733.
Who are the executives of The Covenant Community Development Corporation Of Orlando Inc and what are their salaries?
There 4 volunteers at The Covenant Community Development Corporation Of Orlando Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Covenant Community Development Corporation Of Orlando Inc?
The Covenant Community Development Corporation Of Orlando Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Covenant Community Development Corporation Of Orlando Inc
The Covenant Community Development Corporation (CCDC) is committed to extending its reach to the Holden Heights Community. Their mission encompasses providing affordable housing, fostering economic development, engaging in neighborhood planning, and managing senior citizen complexes, all while offering social services. The organization's primary goal is to enhance the lives of residents in inner cities, promoting individual dignity and personal growth. To achieve this, CCDC offers temporary housing assistance and provides affordable housing rent to families in need.
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Impact
August, 2024
The Covenant Community Development Corporation Of Orlando Inc's impact can be seen through its dedicated outreach efforts in the Holden Heights Community. By providing affordable housing, economic development initiatives, neighborhood planning, senior citizen complexes, and social services, the organization is working to improve the quality of life for residents in need. Through its mission to uphold individual dignity and promote personal growth, The Covenant Community Development Corporation is making a tangible difference in the lives of those in inner cities, offering temporary housing assistance and affordable rent options to families facing hardship.
This information is meant to be a general summary of The Covenant Community Development Corporation Of Orlando 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 2023.
- Program Service Revenue: $34,080
- Gross Receipts: $149,733
Assets and Liabilities:
- Total Assets: $598,365
- Total Liabilities: $322,569
- Net Assets: $275,796
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$34,080
Organization Details
Founding Year
2000
Principal Officer
Leroy Rose
NTEE Category
Code: S302 - Community improvement
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