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Community Development Of B'Ville Bella

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

EIN: 710715152 ✦ Bentonville, AR ✦ Designated as a 501(c)(3)

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Overview

What is Community Development Of B'Ville Bella?

Community Development of B'Ville Bella is a nonprofit organization situated in Bentonville, Arkansas, specifically at 808 North Main 1. Their primary mission is to construct and rent low-income housing, with a focus on the cities of Bentonville and Bella Vista. As of now, they have established 17 rental properties, with 285 units in Bentonville and 58 units in Bella Vista. Their activities revolve around developing, building, and managing affordable housing for the community. With a workforce of 97 dedicated individuals, they are committed to addressing housing needs in these two cities.

What are the reviews and ratings of this charity?

Charity Navigator rating: 80%, Three-Star out of Four Star rating.

Community Development Of B'Ville Bella has achieved an 80% rating, indicating a solid level of accountability and financial health. The organization excels particularly in governance, with 100% of its board members being independent. Additionally, it has strong policies in place for financial oversight, conflict of interest, and whistleblower protection, contributing positively to its score.

The financial metrics are generally favorable, highlighted by a low liabilities-to-assets ratio of 12.76%. However, the organization does show some room for improvement in its program expense ratio, which stands at 58.60%. This figure suggests that a significant portion of its funds could potentially be allocated more effectively towards its programs, rather than administrative costs.

Overall, Community Development Of B'Ville Bella demonstrates a commitment to transparency and accountability, making it a reliable choice for donors. While its financial management is commendable, addressing the program expense ratio could enhance its impact in the community it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Community Development Of B'Ville Bella legitimate?

Community Development Of B'Ville Bella is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Development Of B'Ville Bella 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: $82,677
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,683,610

For more financial information, click here

What is the mission statement of Community Development Of B'Ville Bella?

The Community Development Of B'Ville Bella is an organization dedicated to addressing the housing needs of individuals with limited income. Their mission involves developing, constructing, and managing affordable housing units. Through their efforts, they have established 17 rental properties, providing a total of 343 units for rent, spread across two cities: Bentonville and Bella Vista, Arkansas. The organization's primary goal is to make affordable housing accessible to those who need it, thereby contributing to a more equitable living situation for its residents.

Who is the CEO of Community Development Of B'Ville Bella?

Casey Kleinhenz is the President of Community Development Of B'Ville Bella.

What is the revenue of Community Development Of B'Ville Bella?

Community Development Of B'Ville Bella's revenue in 2022 was $3,456,914.

Who are the executives of Community Development Of B'Ville Bella and what are their salaries?

The average compensation at Community Development Of B'Ville Bella during 2022 was $18,209. There are 97 employees and 31 volunteers at Community Development Of B'Ville Bella.


Here are 9 key members and their salaries:


Tom Oppenheim (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ford (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Anderson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Faciszewski (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keaton Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pauline Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earlene Sweeney (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Belto (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casey Kleinhenz (Executive Director)
  • Compensation: $78,181
  • Related: $0
  • Other: $6,000
Where can I find the form 990 for Community Development Of B'Ville Bella?

Community Development Of B'Ville Bella's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Community Development Of B'Ville Bella

Community Development of B'Ville Bella is an organization dedicated to addressing the housing needs of low-income individuals. Their mission is to develop, construct, and manage affordable housing units in Bentonville and Bella Vista, Arkansas. To date, they have established 17 rental properties, with 14 located in Bentonville, providing 285 units for rent. Additionally, three properties are located in Bella Vista, offering 58 rental units. By offering affordable housing options, Community Development of B'Ville Bella is contributing to the well-being and stability of its community members, providing them with a secure and comfortable living environment.

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Impact




July, 2024

Community Development Of B'Ville Bella's impact can be seen in the development, construction, and management of affordable housing in Bentonville and Bella Vista, Arkansas. With a focus on constructing and renting low-income housing, this organization has established a total of 17 rental properties to date. In Bentonville, they have set up 14 properties with 285 units available for rent, while in Bella Vista, there are three properties offering 58 rental units. By providing much-needed affordable housing options in these communities, Community Development Of B'Ville Bella plays a crucial role in addressing housing challenges and improving the quality of life for individuals and families in the region.




This information is meant to be a general summary of Community Development Of B'Ville Bella. 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
$3,456,914 (2022)
Expenses
$2,898,113 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,723
  • Program Service Revenue: $2,649,497
  • Gross Receipts: $3,456,914

Assets and Liabilities:

  • Total Assets: $14,509,313
  • Total Liabilities: $1,933,785
  • Net Assets: $12,575,528

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Programs

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

PROPERTY MANAGEMENT

Revenue

$2,649,497

Organization Details

Founding Year

1991

Principal Officer

Casey Kleinhenz

Main Address

808 NORTH MAIN 1, BENTONVILLE, AR, 72712

NTEE Category

Code: L20Z - Housing

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