Overview
What is Gibraltar Developement Corporation?
Gibraltar Development Corporation is a nonprofit organization primarily dedicated to improving the living conditions of low-income communities. Based in Milwaukee, Wisconsin, they work in close partnership with the city government. Their mission is to upgrade substandard housing in these areas, which not only enhances the properties but also boosts land values and decreases crime rates. The organization receives funding from the city to carry out these rehabilitation projects, transforming unsightly properties into more desirable living spaces for the community. Gibraltar's commitment to better housing in low-income areas contributes positively to the overall well-being of the community.
Is Gibraltar Developement Corporation legitimate?
Gibraltar Developement Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gibraltar Developement 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.
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What is the mission statement of Gibraltar Developement Corporation?
Gibraltar Development Corporation's mission is centered around upgrading low-income housing. They work in collaboration with a specific city, in this case, Milwaukee, Wisconsin. The city provides the funding for the upgrades. By enhancing these properties, Gibraltar aims to improve the overall appeal of low-income areas, boost land values, and decrease crime rates. They oversee the rehabilitation process of these properties, ensuring that the revitalized housing is of good quality.
Who is the CEO of Gibraltar Developement Corporation?
Chris Martin is the President of Gibraltar Developement Corporation.
What is the revenue of Gibraltar Developement Corporation?
Gibraltar Developement Corporation's revenue in 2020 was $215,557.
Who are the executives of Gibraltar Developement Corporation and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Gibraltar Developement Corporation?
Gibraltar Developement Corporation's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Gibraltar Developement Corporation
Gibraltar Development Corporation, a nonprofit organization, is dedicated to improving the living conditions of low-income communities. Their primary mission is to collaborate with the City of Milwaukee, Wisconsin, by securing funding for the renovation of substandard housing units. This renewal initiative leads to the creation of more attractive properties in economically disadvantaged neighborhoods, subsequently boosting land values and decreasing crime rates in these areas. Gibraltar assumes the role of managing the rehabilitation process of these properties, ensuring that the city's investment in improving living conditions for its residents is executed effectively.
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Impact
October, 2024
Gibraltar Development Corporation plays a crucial role in upgrading low-income housing in Milwaukee, WI. By managing the rehabilitation of properties funded by the city, Gibraltar transforms these spaces into more desirable residences. The impact of their work extends beyond aesthetics; it contributes to improved land values which can stimulate economic growth in these neighborhoods. Moreover, by enhancing the quality of housing, Gibraltar helps create safer environments, leading to reduced crime rates in the area. This multifaceted approach not only benefits individual residents but also fosters a stronger, more vibrant community overall.
This information is meant to be a general summary of Gibraltar Developement 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Program Service Revenue: $215,557
- Gross Receipts: $215,557
Assets and Liabilities:
- Total Assets: $127
- Total Liabilities: $0
- Net Assets: $127
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Organization Details
Founding Year
2005
Phone
(262) 786-4442Principal Officer
Chris Martin
Main Address
PO Box 241812, Milwaukee, WI, 53224
NTEE Category
Code: L81 - Housing
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