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Rockwall Housing Development Corp

Northeast Tx Community Devel Corp

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

EIN: 752501426 ✦ Rockwall, TX ✦ Designated as a 501(c)(3)

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Overview

What is Rockwall Housing Development Corp?

Rockwall Housing Development Corp, also known as Northeast TX Community Development Corp, is a nonprofit organization situated in Rockwall, Texas. Their primary mission is to provide affordable housing solutions for low-income individuals, as stated in their activity or mission description. With a staff of three dedicated employees, they are committed to this cause. Their headquarters can be found at 787 Hail Drive. While the information provided does not specify the countries or regions they serve, it is inferred that their efforts remain local to Rockwall, Texas.


Official website here: www.netcdc.org

Is Rockwall Housing Development Corp legitimate?

Rockwall Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rockwall Housing Development Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $164,355

For more financial information, click here


Official website here: www.netcdc.org

What is the mission statement of Rockwall Housing Development Corp?

Rockwall Housing Development Corp is committed to a mission of providing affordable housing solutions for low-income individuals. By doing so, the organization aims to contribute to the well-being of these families, ensuring they have access to decent living spaces despite their financial constraints. The corporation's activities are centered around this objective, striving to make a difference in the lives of those in need. Through its efforts, Rockwall Housing Development Corp plays a crucial role in promoting social equity and improving the living conditions of the community's less fortunate members.


Official website here: www.netcdc.org

Who is the CEO of Rockwall Housing Development Corp?

Oliver Spiller is the President of Rockwall Housing Development Corp.


Official website here: www.netcdc.org

What is the revenue of Rockwall Housing Development Corp?

Rockwall Housing Development Corp's revenue in 2022 was $433,616.


Official website here: www.netcdc.org

Who are the executives of Rockwall Housing Development Corp and what are their salaries?

The average compensation at Rockwall Housing Development Corp during 2022 was $54,785. There are 3 employees at Rockwall Housing Development Corp.


Here are 12 key members and their salaries:


Oliver Spiller (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Allen (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Clemmons (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Dortch (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Makara Meng (Director - L)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael King (Director - L)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Diaz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna White (Director-Li)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denny Janssen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clifton Fendley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Conway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.netcdc.org

Where can I find the form 990 for Rockwall Housing Development Corp?

Rockwall Housing Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.netcdc.org

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

Mission Statement of Rockwall Housing Development Corp

Rockwall Housing Development Corp, a nonprofit organization, is committed to a mission that is both straightforward and impactful. Their primary objective is to provide affordable housing solutions for individuals who fall under the low-income bracket. This mission is carried out through various means, all aimed at making housing an attainable necessity rather than a luxury for those who need it most. By offering affordable housing, Rockwall Housing Development Corp is contributing to the betterment of its community, ensuring that everyone has a safe and stable place to call home.

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Impact




October, 2024

Rockwall Housing Development Corp significantly impacts the community by addressing the critical need for affordable housing for low-income families in Rockwall, TX. By actively providing affordable housing options, the organization helps to ensure that individuals and families can secure stable living conditions, which are essential for fostering a sense of community, improving quality of life, and promoting economic stability.

The availability of affordable housing reduces the burden of high living costs, allowing families to allocate resources toward education, healthcare, and other essential needs. Additionally, this initiative contributes to the overall economic health of Rockwall by supporting the local workforce and enabling residents to remain in the area, thereby enhancing community cohesion and development.

By focusing on low-income individuals, Rockwall Housing Development Corp plays a crucial role in breaking the cycle of poverty. The commitment to affordable housing not only provides shelter but also empowers individuals and families to pursue opportunities for growth and advancement, ultimately enriching the entire community.




This information is meant to be a general summary of Rockwall Housing Development Corp. 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
$433,616 (2022)
Expenses
$540,124 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,200
  • Program Service Revenue: $421,066
  • Gross Receipts: $433,616

Assets and Liabilities:

  • Total Assets: $1,534,636
  • Total Liabilities: $739,192
  • Net Assets: $795,444

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Programs

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

RESIDENTIAL RENTALS

Revenue

$416,296

FEES AND CONTRIBUTIONS

Revenue

$4,770

Organization Details

Founding Year

1993

Principal Officer

Oliver Spiller

Main Address

787 HAIL DRIVE, ROCKWALL, TX, 75032

NTEE Category

Code: L20 - Housing

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