Carroll Co Community Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 611042930 ✦ Carrollton, KY ✦ Designated as a 501(c)(4)

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Overview

What is Carroll Co Community Development Corp?

Carroll Community Development Corporation is a nonprofit organization situated in Carrollton, Kentucky. Their primary mission is to contribute to the community's growth by promoting commercial, industrial, and recreational development. In tandem with the local Chamber of Commerce, they collaborate on various projects. Some of their initiatives include conducting an aquifer study in Carroll County and managing Carrollton Utilities. Furthermore, they offer programs that help cover occupancy expenses, such as rent, utilities, and maintenance, to support the community.

Is Carroll Co Community Development Corp legitimate?

Carroll Co Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Carroll Co Community Development Corp submitted a form 990EZ, 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.

What is the mission statement of Carroll Co Community Development Corp?

Carroll Community Development Corporation serves its community by promoting commercial, industrial, and recreational development. The organization collaborates with the local Chamber of Commerce to achieve these goals. One of its initiatives is conducting an aquifer study in Carroll County. Furthermore, Carroll Community Development Corporation provides programs that cover occupancy expenses such as rent, utilities, and maintenance to support various projects. The corporation also works in collaboration with other entities to facilitate development and improve the community's overall well-being.

Who is the CEO of Carroll Co Community Development Corp?

Matt Lipe is the President of Carroll Co Community Development Corp.

What is the revenue of Carroll Co Community Development Corp?

Carroll Co Community Development Corp's revenue in 2022 was $100,489.

Who are the executives of Carroll Co Community Development Corp and what are their salaries?


Here are 12 key members and their salaries:


Matt Lipe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Thompson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Goff (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Tummonds (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Willhoite (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robb Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Martinz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Stapleton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Roach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Yocum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Rabe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Carroll Co Community Development Corp?

Carroll Co Community Development Corp's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Carroll Co Community Development Corp

Carroll Community Development Corporation, a vital entity in its community, is dedicated to promoting commercial, industrial, and recreational development. The organization collaborates closely with the local Chamber of Commerce to achieve these goals. Beyond its development initiatives, Carroll Community Development Corporation also engages in projects that cater to occupancy expenses, such as rent, utilities, and maintenance. One of its notable endeavors is an aquifer study of Carroll County, aiming to enhance the understanding of the region's natural resources. The corporation's activities are not limited to these undertakings; it also manages programs specifically designed to support local development, contributing to the overall growth and well-being of the community.

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Impact




October, 2024

Carroll Co Community Development Corp significantly enhances the local economy and quality of life in Carrollton, KY. By facilitating commercial, industrial, and recreational development, it actively supports the growth of businesses and the overall economic landscape. The organization collaborates with the local Chamber of Commerce to ensure that development efforts align with community needs and opportunities.

One of its key initiatives is conducting an aquifer study of Carroll County, which is essential for sustainable resource management and planning. This study informs both current and future developments, ensuring that local water resources are preserved while promoting responsible growth.

Additionally, the Corp offers programs that alleviate occupancy expenses, covering essential costs such as rent, utilities, and maintenance for community members and local businesses. This support helps stabilize the economic environment and encourages entrepreneurship and residential stability.

Overall, Carroll Co Community Development Corp plays a crucial role in fostering a thriving community by enhancing economic development, ensuring environmental sustainability, and providing vital support to local residents and businesses.




This information is meant to be a general summary of Carroll Co Community Development Corp. 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.

Revenue
$100,489 (2022)
Expenses
$89,881 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $264
  • Gross Receipts: $100,489

Assets and Liabilities:

  • Total Assets: $197,426
  • Total Liabilities: $0
  • Net Assets: $197,426

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Organization Details

Principal Officer

Matt Lipe

Main Address

PO BOX 354, CARROLLTON, KY, 41008

NTEE Category

Code: S31 - Community improvement

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