Overview
What is Tunica County Community Development Coalition?
The Tunica County Community Development Coalition is a nonprofit organization situated in Tunica, Mississippi. Their primary mission involves providing training and building affordable homes for potential first-time homebuyers. In addition to this, they also offer low-income rental housing to cater to the needs of the community. With a small team of five dedicated individuals, the coalition works tirelessly to improve housing opportunities in Tunica County.
Official website here: www.tunicacountycdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating
The Tunica County Community Development Coalition has achieved an 83% score, reflecting strong performance in accountability and finance. This rating indicates that the organization has effective financial practices and is transparent in its operations. The overall score is derived entirely from the accountability and finance beacon, highlighting the importance of these areas in assessing nonprofit performance.
The coalition displays notable strengths, including a fully independent board of directors, with 100% of its members meeting this criterion. It has demonstrated excellent practices in asset management, with no material diversion of assets reported. Furthermore, its financial ratios, such as a program expense ratio of 95.15%, suggest that a significant majority of funds are directed towards its programs, which is a positive indicator for donors.
However, there are areas for improvement, particularly in policy documentation. The organization is missing a whistleblower policy and document retention policy, which are critical for maintaining governance standards and protecting stakeholders. Addressing these gaps could enhance the transparency and accountability of its operations further.
This AI summary has been generated from information found on Charity Navigator.
Is Tunica County Community Development Coalition legitimate?
Tunica County Community Development Coalition is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tunica County Community Development Coalition 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: $200,725
For more financial information, click here
Official website here: www.tunicacountycdc.org
What is the mission statement of Tunica County Community Development Coalition?
The Tunica County Community Development Coalition is dedicated to serving its community by providing training and facilitating the construction of affordable homes for potential first-time homebuyers. In addition to this, the organization also offers low-income rental housing options, aiming to contribute to the housing needs of the community's less fortunate residents. This commitment to affordable housing aims to empower individuals and families by providing them with safe and suitable living spaces.
Official website here: www.tunicacountycdc.org
Who is the CEO of Tunica County Community Development Coalition?
Unavailable
Official website here: www.tunicacountycdc.org
What is the revenue of Tunica County Community Development Coalition?
Tunica County Community Development Coalition's revenue in 2022 was $735,729.
Official website here: www.tunicacountycdc.org
Who are the executives of Tunica County Community Development Coalition and what are their salaries?
The average compensation at Tunica County Community Development Coalition during 2022 was $40,145. There are 5 employees at Tunica County Community Development Coalition.
Here are 9 key members and their salaries:
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Official website here: www.tunicacountycdc.org
Where can I find the form 990 for Tunica County Community Development Coalition?
Tunica County Community Development Coalition's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tunicacountycdc.org
Learn more at the official website: www.tunicacountycdc.org
Mission Statement of Tunica County Community Development Coalition
The Tunica County Community Development Coalition is a dedicated organization that aims to make a significant impact in its community. Its primary mission revolves around two key areas: providing training and facilitating the construction of affordable homes for potential first-time homebuyers, and offering low-income rental housing options.
By offering training programs, the Coalition empowers individuals who dream of owning their first homes but may lack the necessary knowledge or resources. This training equips them with the skills and confidence needed to navigate the home-buying process, thereby increasing their chances of success.
Beyond homeownership, the Coalition also extends its reach to those in need of affordable housing options by providing low-income rental properties. This commitment to affordable housing ensures that every individual has a roof over their head, regardless of their financial situation. By offering both homeownership training and rental options, the Tunica County Community Development Coalition is actively working towards building a more stable and equitable community.
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Impact
July, 2024
Tunica County Community Development Coalition's impact can be seen in the positive changes it brings to the community. By providing training and support for potential first-time home buyers, the organization empowers individuals to achieve homeownership, thereby increasing stability and wealth-building opportunities. Additionally, their efforts in constructing low-income housing contribute to addressing the affordable housing shortage in the area. Through these initiatives, Tunica County Community Development Coalition plays a crucial role in improving the overall quality of life for residents in Tunica, MS.
This information is meant to be a general summary of Tunica County Community Development Coalition. 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: $44
- Program Service Revenue: $221,986
- Gross Receipts: $735,729
Assets and Liabilities:
- Total Assets: $2,688,716
- Total Liabilities: $486,979
- Net Assets: $2,201,737
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$221,986
Organization Details
Phone
(662) 363-5990Main Address
P O BOX 1402, TUNICA, MS, 38676
Website
www.tunicacountycdc.orgNTEE Category
Code: S80Z - Community improvement
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