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Community Revitalization & Development Corporation

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

EIN: 680248670 ✦ Redding, CA ✦ Designated as a 501(c)(3)

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Overview

What is Community Revitalization & Development Corporation?

The Community Revitalization & Development Corporation is a nonprofit organization situated in Redding, California. With a mission deeply rooted in providing affordable housing and related services, it serves both low and moderate-income residents in not just California but also in the neighboring state of Washington. The corporation's workforce of three individuals is dedicated to making a significant impact in these communities, ensuring that essential housing needs are met and supported.


Official website here: www.crdc-housing.org

Is Community Revitalization & Development Corporation legitimate?

Community Revitalization & Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Revitalization & 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: $173,206
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,634

For more financial information, click here


Official website here: www.crdc-housing.org

What is the mission statement of Community Revitalization & Development Corporation?

The Community Revitalization & Development Corporation's mission is centered around providing affordable housing and related services to individuals with low and moderate income levels, extending its reach to residents in both California and Washington state. This organization is committed to making a tangible impact on the lives of these communities by offering essential housing solutions. By doing so, it aims to contribute to a more equitable living environment for those who may otherwise struggle to secure affordable housing. The corporation's activities encompass various services that cater to the housing needs of its target demographic, ensuring they can maintain a decent standard of living.


Official website here: www.crdc-housing.org

What is the revenue of Community Revitalization & Development Corporation?

Community Revitalization & Development Corporation's revenue in 2024 was $1,086,190.


Official website here: www.crdc-housing.org

Who are the executives of Community Revitalization & Development Corporation and what are their salaries?

The average compensation at Community Revitalization & Development Corporation during 2024 was $67,968. There are 5 employees at Community Revitalization & Development Corporation.

Here are 6 key members and their salaries:


William D Rutledge (President)
  • Compensation: $143,750
  • Related: $0
  • Other: $5,000
Shelby Marocco (Vice Preside)
  • Compensation: $94,600
  • Related: $0
  • Other: $5,000
Kenneth Breedlove (Vice Chair)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Mike Dahl (Treasurer)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Michele Goedert (Board Member)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
John Wilson (Board Chair)
  • Compensation: $1,200
  • Related: $0
  • Other: $0


Official website here: www.crdc-housing.org

Where can I find the form 990 for Community Revitalization & Development Corporation?

Community Revitalization & Development Corporation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.crdc-housing.org

Learn more at the official website: www.crdc-housing.org

Mission Statement of Community Revitalization & Development Corporation

The Community Revitalization & Development Corporation, a nonprofit organization, is committed to providing affordable housing and related services to low and moderate-income residents residing in both California and Washington state. Their mission is centered around alleviating housing-related challenges for individuals who fall under the low-income category, ensuring that they have access to suitable living arrangements. The corporation's activities are geared towards offering affordable housing options, thereby contributing to the overall well-being and stability of these communities.

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Impact




October, 2024

Community Revitalization & Development Corporation significantly impacts low and moderate-income residents of California and Washington by providing affordable housing and related services. By addressing housing insecurity, the organization plays a crucial role in improving the living conditions of underserved communities. This not only contributes to stable neighborhoods but also fosters economic mobility for families and individuals who may otherwise struggle to find safe and affordable housing. The services offered go beyond mere shelter; they encompass a holistic approach to community development, enhancing the quality of life for residents through access to essential resources and support systems. Thus, the organization’s work is instrumental in creating vibrant, thriving communities.




This information is meant to be a general summary of Community Revitalization & 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.

Revenue
$1,086,190 (2024)
Expenses
$1,233,282 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $27,782
  • Program Service Revenue: $1,060,439
  • Gross Receipts: $1,098,464

Assets and Liabilities:

  • Total Assets: $18,121,552
  • Total Liabilities: $6,098,093
  • Net Assets: $12,023,459

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Programs

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

RENTAL INCOME

Revenue

$477,944

MGP FEE

Revenue

$452,495

DEVELOPER FEE

Revenue

$130,000

Organization Details

Founding Year

1996

Principal Officer

William D Rutledge

NTEE Category

Code: L200 - Housing

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