Overview
What is Christian Community Development Corporation?
The Christian Community Development Corporation, based in Memphis, Tennessee (38119), functions as a supporting organization for the Christian Community Foundation of Memphis and the Mid-South, Inc. Their primary goal is to aid the Christian Community Foundation in fulfilling its charitable mission. This involves making grants on its behalf to various initiatives. The Christian Community Development Corporation is an integral part of the Christian Community Foundation, working together to create positive change in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Christian Community Development Corporation has earned a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and finance. The charity's score is based entirely on its Accountability & Finance metrics, where it achieved an impressive 94%. The organization demonstrates high standards in governance, featuring a fully independent board and robust financial oversight mechanisms.
Strengths include a 100% program expense ratio, indicating that all of its expenditures are directed towards its programs, which is a positive sign of efficiency and purpose. The organization also scores perfectly in areas such as conflict of interest policies and whistleblower policies, showcasing a solid framework for ethical management. Additionally, the absence of any material diversion of assets strengthens its credibility.
While the rating highlights significant strengths in financial practices and governance, it is important to note that the overall score is solely based on financial metrics. Thus, while it reflects a strong financial performance, the effectiveness and impact of its programs are not assessed in this rating. Overall, the charity stands out for its financial accountability and responsible management practices.
This AI summary has been generated from information found on Charity Navigator.
Is Christian Community Development Corporation legitimate?
Christian Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian 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.
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What is the mission statement of Christian Community Development Corporation?
The Christian Community Development Corporation functions as a supporting organization, working in collaboration with the Christian Community Foundation of Memphis and the Mid-South, Inc., to fulfill its charitable mission. The primary objective of the Christian Community Development Corporation is to aid the Christian Community Foundation of Memphis and the Mid-South, Inc., in carrying out its philanthropic endeavors. Through this partnership, grants are distributed to various initiatives aligned with the Christian Community Foundation's mission.
Who is the CEO of Christian Community Development Corporation?
B Rex Jones is the President/Ceo of Christian Community Development Corporation. The CEO's salary of Christian Community Development Corporation is $0 and their total compensation is $189,793.
What is the revenue of Christian Community Development Corporation?
Christian Community Development Corporation's revenue in 2022 was $28,566,509.
Who are the executives of Christian Community Development Corporation and what are their salaries?
Here are 21 key members and their salaries (Christian Community Development Corporation's CEO's salary is $0 and their total compensation is $189,793):
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Where can I find the form 990 for Christian Community Development Corporation?
Christian Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Christian Community Development Corporation
Christian Community Development Corporation (CCDC) is a supporting organization that works in conjunction with Christian Community Foundation of Memphis and the Mid-South, Inc., contributing to the charitable mission of the latter. The corporation's primary objective is to aid Christian Community Foundation of Memphis and the Mid-South in its philanthropic endeavors. Through grants made to and on behalf of the foundation, CCDC plays a crucial role in furthering its humanitarian initiatives.
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Impact
October, 2024
Christian Community Development Corporation plays a significant role in enhancing community well-being in Memphis and the Mid-South. By providing crucial support to the Christian Community Foundation of Memphis and the Mid-South, it helps facilitate grants that empower various charitable initiatives.
Its mission focuses on improving community quality of life, fostering sustainable development, and addressing local needs through targeted financial assistance. This collaborative approach enables a range of projects aimed at uplifting individuals and families, thereby contributing to a more vibrant and resilient community. Overall, Christian Community Development Corporation's impact can be seen in the tangible benefits realized by those it serves, promoting collective growth and improving living conditions within the region.
This information is meant to be a general summary of Christian 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.
- Investment Income: $69,850
- Gross Receipts: $31,359,570
Assets and Liabilities:
- Total Assets: $275,024,548
- Total Liabilities: $12,997,251
- Net Assets: $262,027,297
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Organization Details
Founding Year
1999
Phone
(901) 682-6201Principal Officer
B Rex Jones
Main Address
6075 POPLAR AVENUE STE 130, MEMPHIS, TN, 38119
NTEE Category
Code: S20 - Community improvement
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