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Waco Community Development Corporation Dba Grassroots Community Development

Grassroots Community Development

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

EIN: 742995407 ✦ Waco, TX ✦ Designated as a 501(c)(3)

Overview

What is Waco Community Development Corporation Dba Grassroots Community Development?

Waco Community Development Corporation, doing business as Grassroots Community Development, is a nonprofit organization situated in Waco, Texas. Their primary mission is to enhance the living conditions of low and moderate-income individuals by providing affordable housing through six rental properties and property management services. Expanding beyond housing, they also purchase, renovate, and resell homes to qualified individuals, contributing to community development. The organization's ultimate goal is to promote a brighter future for children, neighbors, and communities by cultivating and inspiring healthy neighborhoods. With a dedicated workforce of ten employees, Grassroots Community Development is actively working towards its mission.


Official website here: www.grassrootswaco.org

Is Waco Community Development Corporation Dba Grassroots Community Development legitimate?

Waco Community Development Corporation Dba Grassroots Community Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waco Community Development Corporation Dba Grassroots Community Development 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.

Here are some key statistics you may want to consider:

Executive Compensation: $104,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $281,079

For more financial information, click here


Official website here: www.grassrootswaco.org

What is the mission statement of Waco Community Development Corporation Dba Grassroots Community Development?

Waco Community Development Corporation, doing business as Grassroots Community Development, has a mission to create a brighter future for children, neighbors, and communities. They achieve this by inspiring and cultivating healthy neighborhoods. The organization's primary activities include providing affordable housing and property management to individuals with low and moderate incomes. They own six rental properties that are occupied by these residents. Additionally, the corporation engages in the purchase, remodeling, and resale of homes to qualifying individuals, contributing to the betterment of their living conditions.


Official website here: www.grassrootswaco.org

Who is the CEO of Waco Community Development Corporation Dba Grassroots Community Development?

Ken Cooper is the President of Waco Community Development Corporation Dba Grassroots Community Development.


Official website here: www.grassrootswaco.org

What is the revenue of Waco Community Development Corporation Dba Grassroots Community Development?

Waco Community Development Corporation Dba Grassroots Community Development's revenue in 2022 was $810,101.


Official website here: www.grassrootswaco.org

Who are the executives of Waco Community Development Corporation Dba Grassroots Community Development and what are their salaries?

The average compensation at Waco Community Development Corporation Dba Grassroots Community Development during 2022 was $38,511. There are 10 employees and 120 volunteers at Waco Community Development Corporation Dba Grassroots Community Development.

Here are 10 key members and their salaries:

    Mike Stone (Executive Director)
  • Compensation: $88,000
  • Related: $0
  • Other: $16,027

    • Billy Davis (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Cooper (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tara Briscoe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Swain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Babers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daysi Barrera (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Holtkamp (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jud Griffis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Crysta Diaz-Espinoza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.grassrootswaco.org

    Where can I find the form 990 for Waco Community Development Corporation Dba Grassroots Community Development?

    The Waco Community Development Corporation Dba Grassroots Community Development’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.grassrootswaco.org

    Learn more at the official website: www.grassrootswaco.org

    Mission Statement of Waco Community Development Corporation Dba Grassroots Community Development

    Waco Community Development Corporation Dba Grassroots Community Development is dedicated to creating a brighter future for children, neighbors, and communities. They achieve this goal by inspiring and cultivating healthy neighborhoods. This nonprofit organization focuses on providing affordable housing and property management to individuals with low and moderate income. To fulfill this mission, they own six rental properties that are occupied by residents within this income bracket. Furthermore, Waco Community Development Corporation Dba Grassroots Community Development also engages in the purchase, remodeling, and resale of homes to qualified individuals, contributing to the overall well-being of the community. By offering affordable housing options and property management services, the organization helps to create sustainable and thriving neighborhoods, ultimately benefiting both the residents and the community as a whole.

    Impact

    This information is meant to be a general summary of Waco Community Development Corporation Dba Grassroots Community Development. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Waco Community Development Corporation, dba Grassroots Community Development, positively impacts the community by providing affordable housing and property management services to low and moderate-income individuals. Through initiatives like owning rental properties and remodeling homes for resale, the organization plays a vital role in improving the living conditions of residents in Waco, TX. By focusing on cultivating healthy neighborhoods, they are working towards a brighter future for children, neighbors, and communities in the area. Their efforts contribute to community improvement and upliftment, making a tangible difference in the lives of those they serve.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $137
  • Program Service Revenue: $4,978
  • Gross Receipts: $1,060,740

    • Assets and Liabilities:
  • Total Assets: $1,178,684
  • Total Liabilities: $936,314
  • Net Assets: $242,370
  • Programs

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

    INTEREST INCOME

    Revenue

    $4,978

    Organization Details

    Founding Year

    2001

    Principal Officer

    Ken Cooper

    Main Address

    1624 COLCORD, WACO, TX, 76707

    NTEE Category

    Code: S20 - Community improvement

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