Overview
What is Community Development Foundation?
The Community Development Foundation, located in Tupelo, Mississippi, is a nonprofit organization dedicated to empowering the region and improving its development efforts. Their primary mission is to diversify and strengthen the local economy by focusing on business retention, expansion, and attraction. They aim to enhance the workforce through skills training and leadership development. Additionally, they strive to improve communications with local, state, and federal governments, foster small business and entrepreneur development, and enhance the overall business climate and quality of life. This is achieved through effective planning, public policy, and strategic partnerships. The organization operates with a team of 19 individuals, working tirelessly to contribute to the progress of Tupelo-Lee County.
Official website here: www.cdfms.org
What do the Facebook reviews say about Community Development Foundation?
96% of 22 reviewers on Facebook recommend the Community Development Foundation. Here’s a brief overview of their thoughts:
Many reviewers highlight the impact the organization has on local economies, emphasizing its commitment to empowering communities. The services provided are perceived as effective in fostering economic development, which resonates strongly with supporters.
Overall, the sentiment is largely positive, with many expressing appreciation for the Foundation's efforts and the difference it makes in people’s lives. It appears that the Community Development Foundation lives up to its mission, effectively delivering on its promise to strengthen the community.
This AI summary has been generated from reviews found on Facebook.
Is Community Development Foundation legitimate?
Community Development Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Community Development Foundation 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: $2,777,503
For more financial information, click here
Official website here: www.cdfms.org
What is the mission statement of Community Development Foundation?
The Community Development Foundation's mission is centered around enhancing the economic and community development of its region. The organization strives to diversify and strengthen the local economy by promoting business retention, expansion, and attraction. Additionally, it focuses on improving the workforce skills and leadership training of its population. The foundation also aims to enhance communication with local, state, and federal governments, and foster small business and entrepreneur development. Lastly, it works towards enhancing the business climate and quality of life through strategic planning, public policy, and strong partnerships.
Official website here: www.cdfms.org
Who is the CEO of Community Development Foundation?
David Rumbarger is the President/Ceo of Community Development Foundation. The CEO's salary of Community Development Foundation is $871,551 and their total compensation is $979,077.
Official website here: www.cdfms.org
What is the revenue of Community Development Foundation?
Community Development Foundation's revenue in 2022 was $9,486,414.
Official website here: www.cdfms.org
Who are the executives of Community Development Foundation and what are their salaries?
The average compensation at Community Development Foundation during 2022 was $146,184. There are 19 employees at Community Development Foundation.
Here are 21 key members and their salaries (Community Development Foundation's CEO's salary is $871,551 and their total compensation is $979,077):
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- Compensation: $871,551
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- Other: $107,526
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- Compensation: $288,901
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- Other: $41,120
- Compensation: $269,336
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- Other: $41,120
- Compensation: $233,723
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- Other: $35,652
- Compensation: $150,160
- Related: $0
- Other: $29,636
Official website here: www.cdfms.org
Where can I find the form 990 for Community Development Foundation?
Community Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cdfms.org
Learn more at the official website: www.cdfms.org
Mission Statement of Community Development Foundation
The Community Development Foundation, in its mission, aims to strengthen the economic and community development of its region. The organization's primary objective is to diversify and strengthen the local economy by supporting existing businesses, encouraging expansion, and attracting new businesses. This is achieved through various initiatives such as business retention, expansion, and attraction.
In addition to economic development, the Community Development Foundation also focuses on human capital improvement. They offer workforce skills training and leadership development programs to enhance the local workforce's capabilities. This not only benefits the businesses in the region but also contributes to the overall growth and development of the community.
Furthermore, the Community Development Foundation works to improve communication with existing businesses, local, state, and federal governments. They foster small business and entrepreneur development, and they strive to enhance the business climate and quality of life by engaging in planning, public policy, and strong partnerships. This holistic approach ensures a balanced development that benefits all sectors of the community.
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Impact
October, 2024
The Community Development Foundation significantly strengthens the Tupelo-Lee County region by focusing on economic and community development. Its initiatives promote public communication and foster partnerships that are essential for regional progress, addressing the unique needs of Lee County while also expanding development efforts throughout the area.
Key impacts include diversifying and strengthening the local economic landscape through business retention, expansion, and attraction. By improving workforce skills and offering leadership training, the foundation enhances human capital, ensuring that residents are well-prepared to meet the demands of a changing job market.
Additionally, it improves communication between existing businesses and various levels of government, creating a supportive environment for growth. The foundation actively promotes small business and entrepreneurial development, which is vital for a robust local economy.
Through strategic planning, public policy advocacy, and the cultivation of strong partnerships, the Community Development Foundation enhances not only the business climate but also the overall quality of life in the region. Its comprehensive approach ensures sustainable growth and a vibrant community for current and future residents.
This information is meant to be a general summary of Community Development Foundation. 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: $5,154
- Program Service Revenue: $1,922,750
- Gross Receipts: $9,486,414
Assets and Liabilities:
- Total Assets: $26,378,062
- Total Liabilities: $6,512,852
- Net Assets: $19,865,210
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ECONOMIC DEVELOPMENT
Revenue
$1,415,757
MEMBERSHIP EVENTS
Revenue
$506,993
Organization Details
Founding Year
1948
Phone
(662) 842-4521Principal Officer
David Rumbarger
Main Address
PO BOX A, TUPELO, MS, 38802
Website
www.cdfms.orgNTEE Category
Code: S31 - Community improvement
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