Overview
What is Christian County Hopkinsville Development Corporation?
The Christian County Hopkinsville Development Corporation is a nonprofit organization situated in Hopkinsville, Kentucky. Their primary mission is to enhance urban areas by focusing on affordable housing rehabilitation. This dedicated organization specializes in housing-related projects, aiming to revitalize urban communities and contribute positively to the local environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Christian County Hopkinsville Development Corporation holds a commendable Three-Star rating with an overall score of 82%, primarily reflecting its strong Accountability & Finance practices. This rating indicates a solid foundation in financial management, demonstrating the organization’s commitment to transparency and responsible oversight. The absence of material diversion of assets and the presence of a comprehensive audit and oversight committee further support its fiscal integrity.
Strengths of the organization include a fully independent board and effective documentation of board meeting minutes, with all board members being independent. Additionally, the corporation maintains a favorable liabilities to assets ratio of 1.45%, suggesting a stable financial position. The high program expense ratio of 79.95% indicates that a significant portion of its resources is directed toward its mission-related activities, which is a positive sign for potential donors and stakeholders.
While the organization demonstrates solid financial accountability, there may be areas for further improvement in operational effectiveness or programmatic impact that are not fully captured in the rating. However, the current financial metrics reflect a well-managed nonprofit with a focus on maintaining fiscal responsibility and integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Christian County Hopkinsville Development Corporation legitimate?
Christian County Hopkinsville Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian County Hopkinsville 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: $0
For more financial information, click here
What is the mission statement of Christian County Hopkinsville Development Corporation?
The Christian County Hopkinsville Development Corporation is dedicated to revitalizing urban areas by focusing on the rehabilitation of affordable housing. This organization, with a primary focus on housing matters, operates with the aim of enhancing urban environments. Based on the provided information, it is not explicitly stated, but it can be inferred that their mission also involves promoting sustainable and livable communities. However, without further data, this cannot be confirmed.
Who is the CEO of Christian County Hopkinsville Development Corporation?
Peg Hays is the Member of Christian County Hopkinsville Development Corporation.
What is the revenue of Christian County Hopkinsville Development Corporation?
Christian County Hopkinsville Development Corporation's revenue in 2022 was $752,762.
Who are the executives of Christian County Hopkinsville Development Corporation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Christian County Hopkinsville Development Corporation?
Christian County Hopkinsville Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Christian County Hopkinsville Development Corporation
The Christian County Hopkinsville Development Corporation is committed to revitalizing urban areas by focusing on affordable housing rehabilitation. This nonprofit organization, based in its home city of Hopkinsville, Ky., specializes in housing-related initiatives. Its mission is to enhance urban living conditions by improving the quality and affordability of housing within these areas. By focusing on this crucial aspect, the Christian County Hopkinsville Development Corporation aims to contribute positively to the overall well-being of the communities it serves.
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Impact
July, 2024
Christian County Hopkinsville Development Corporation's impact can be seen in the revitalization of urban areas through affordable housing rehabilitation. By focusing on providing affordable housing options, the organization is contributing to community improvement in Hopkinsville, KY. The work they do helps to address housing needs and contribute to the overall development and revitalization of the city.
This information is meant to be a general summary of Christian County Hopkinsville 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.
- Investment Income: $5,230
- Gross Receipts: $752,762
Assets and Liabilities:
- Total Assets: $2,098,194
- Total Liabilities: $58,268
- Net Assets: $2,039,926
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Organization Details
Founding Year
1985
Principal Officer
Peg Hays
Main Address
710 S MAIN ST, HOPKINSVILLE, KY, 42241
NTEE Category
Code: S20 - Community improvement
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