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Cape Coral Housing Development Corp

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

EIN: 650383037 ✦ Cape coral, FL ✦ Designated as a 501(c)(3)

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Overview

What is Cape Coral Housing Development Corp?

Cape Coral Housing Development Corp is a dedicated nonprofit organization based in Cape Coral, Florida. Their primary mission is to revitalize the city's economy by collaborating with local government, lenders, and homebuyers. They achieve this by developing affordable, safe, and decent housing for low-income families. Recently, they have helped 12 families by either constructing new homes or rehabilitating existing ones. This initiative not only provides housing but also contributes to the overall betterment of the community.


Official website here: www.capecoralaffordablehousing.com

Is Cape Coral Housing Development Corp legitimate?

Cape Coral Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cape Coral Housing Development Corp 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: $95,130
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.capecoralaffordablehousing.com

What is the mission statement of Cape Coral Housing Development Corp?

The Cape Coral Housing Development Corp is committed to revitalizing the economy of a city, mentioned as beautiful but not specified, by collaborating with city government, local lenders, and homebuyers. Their primary focus is on developing decent, safe, and affordable housing for low-income families. Through this initiative, they aim to contribute positively to the community by offering newly constructed or rehabilitated homes to eligible families, thereby improving their living conditions. As of the provided information, 12 families have benefited from this program.


Official website here: www.capecoralaffordablehousing.com

Who is the CEO of Cape Coral Housing Development Corp?

Tonirae Hurley is the President of Cape Coral Housing Development Corp.


Official website here: www.capecoralaffordablehousing.com

What is the revenue of Cape Coral Housing Development Corp?

Cape Coral Housing Development Corp's revenue in 2020 was $1,497,062.


Official website here: www.capecoralaffordablehousing.com

Who are the executives of Cape Coral Housing Development Corp and what are their salaries?


Here are 8 key members and their salaries:


Bonnie Schnell (Exc Director)
  • Compensation: $95,130
  • Related: $0
  • Other: $4,757
Darryl Aubuchon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tonirae Hurley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Jeffrey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darla Lloyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sal Maniscalco (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha S Warchol (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginny Yates (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.capecoralaffordablehousing.com

Where can I find the form 990 for Cape Coral Housing Development Corp?

Cape Coral Housing Development Corp's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.capecoralaffordablehousing.com

Learn more at the official website: www.capecoralaffordablehousing.com

Mission Statement of Cape Coral Housing Development Corp

Cape Coral Housing Development Corp is committed to revitalizing the economy of its city by collaborating with local government, lenders, and homebuyers. Their primary objective is to develop decent, safe, and affordable housing for low-income families. Through their initiatives, the organization has provided newly constructed or rehabilitated homes to 12 families, contributing to the overall improvement of the community. By offering these homes, Cape Coral Housing Development Corp is not only meeting the housing needs of low-income families but also actively participating in the economic revitalization of the city.

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Impact




October, 2024

Cape Coral Housing Development Corp significantly contributes to the economic revitalization of Cape Coral by facilitating the development of decent, safe, and affordable housing for low-income families. Through partnerships with the city government, local lenders, and potential homeowners, the organization focuses on new construction and the rehabilitation of existing homes. This initiative not only provides families with access to quality housing but also enhances community stability and growth.

In a recent impact, 12 families benefited from either newly constructed homes or rehabilitated properties, directly improving their living conditions and contributing to the broader health of the community. This focus on affordable housing not only addresses immediate needs but also sets the foundation for long-term economic development in Cape Coral, making it a vital player in shaping the city’s future.




This information is meant to be a general summary of Cape Coral Housing 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
$1,497,062 (2020)
Expenses
$2,250,401 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: -$5,134
  • Program Service Revenue: $1,461,894
  • Gross Receipts: $1,502,206

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CITY OF CAPE CORAL

Revenue

$1,461,894

Organization Details

Founding Year

1992

Principal Officer

Tonirae Hurley

Main Address

609 SE 9TH TERRACE, CAPE CORAL, FL, 33990

NTEE Category

Code: L20Z - Housing

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