Overview
What is North Oak Cliff Community Development Corporation?
North Oak Cliff Community Development Corporation is a dedicated nonprofit organization, situated in its community, that focuses on providing affordable housing solutions for low-income families. By offering rental units, this corporation allows these families to spend no more than one-third of their income on housing expenses. This initiative effectively alleviates financial strain and contributes to overall community stability.
Is North Oak Cliff Community Development Corporation legitimate?
North Oak Cliff Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Oak Cliff Community Development Corporation submitted a form 990EZ, 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:
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What is the mission statement of North Oak Cliff Community Development Corporation?
The North Oak Cliff Community Development Corporation serves a mission by offering low-income families affordable rental housing. By providing rental units, the corporation enables these families to spend less than a third of their income on housing. The primary goal of North Oak Cliff Community Development Corporation is to make housing more affordable, thereby improving the living conditions of low-income families. The organization's activities revolve around providing affordable housing solutions, thereby enabling families to allocate more of their earnings towards other essential needs.
Paraphrased Summary:
North Oak Cliff Community Development Corporation is dedicated to enhancing the living conditions of low-income families by offering them affordable rental housing. By offering rental units, the corporation enables these families to spend a small portion of their income on housing, thereby freeing up funds for other necessities. The organization's mission is centered around providing affordable housing solutions, ensuring that families in need have access to comfortable and affordable living spaces.
What is the revenue of North Oak Cliff Community Development Corporation?
North Oak Cliff Community Development Corporation's revenue in 2023 was $147,226.
Who are the executives of North Oak Cliff Community Development Corporation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for North Oak Cliff Community Development Corporation?
North Oak Cliff Community Development Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of North Oak Cliff Community Development Corporation
North Oak Cliff Community Development Corporation, abbreviated as NOCCDC, is committed to providing affordable housing solutions for low-income families. By offering rental units, NOCCDC enables these families to allocate less than a third of their income towards housing expenses. This mission of NOCCDC is instrumental in alleviating financial burdens, thereby providing families with a more stable living environment.
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Impact
October, 2024
North Oak Cliff Community Development Corporation significantly impacts the community by providing low-income families with affordable rental housing. By offering rental units where families can pay less than 33% of their income on housing, the organization helps alleviate financial burdens and fosters housing stability. This support enables families to allocate more resources to essential needs such as education, healthcare, and other vital expenses, contributing to overall community well-being. Residents benefit from improved quality of life, increased economic mobility, and greater access to opportunities, making North Oak Cliff a more vibrant and equitable community in Coppell, TX.
This information is meant to be a general summary of North Oak Cliff Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $286
- Program Service Revenue: $146,940
- Gross Receipts: $147,226
Assets and Liabilities:
- Total Assets: $170,831
- Total Liabilities: $188,777
- Net Assets: -$17,946
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Organization Details
Principal Officer
Antonio Matarranz
NTEE Category
Code: L20Z - Housing
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