Overview
What is Building Community Value?
Building Community Value is a Michigan-based nonprofit organization, specifically situated in Detroit. Its primary mission is to offer comprehensive real estate training and ongoing technical assistance to residents of Detroit, Hamtramck, and Highland Park. In 2022, they conducted a 9-month training program for 32 participants, with a seven-person team investing extensive time in-class and individually. Guest speakers shared expertise, and various funding and resource partners ensured a rich learning experience. The program concluded with project evaluations by philanthropic partners and local community development financial institutions. With just two employees, Building Community Value demonstrates a dedicated commitment to empowering local residents in real estate.
Official website here: www.bcvdetroit.org
Is Building Community Value legitimate?
Building Community Value is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building Community Value 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: $118,578
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bcvdetroit.org
What is the mission statement of Building Community Value?
Building Community Value is committed to providing real estate training and ongoing technical assistance to residents in various communities. Their mission, as stated, is to offer this service to individuals residing in Detroit, Hamtramck, and Highland Park, Michigan. Through their initiatives, they aim to equip these individuals with the necessary skills and support in the real estate sector. In 2022, they conducted a comprehensive 9-month real estate training program for 32 participants, investing substantial time and resources to ensure a comprehensive learning experience. Guest speakers were invited to share their expertise, and partnerships with funding and resource providers were established to enhance the training experience for the participants.
Official website here: www.bcvdetroit.org
Who is the CEO of Building Community Value?
Chase Cantrell is the Director of Building Community Value.
Official website here: www.bcvdetroit.org
What is the revenue of Building Community Value?
Building Community Value's revenue in 2022 was $354,336.
Official website here: www.bcvdetroit.org
Who are the executives of Building Community Value and what are their salaries?
The average compensation at Building Community Value during 2022 was $59,289. There are 2 employees at Building Community Value.
Here are 5 key members and their salaries:
- Compensation: $79,217
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bcvdetroit.org
Where can I find the form 990 for Building Community Value?
Building Community Value's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bcvdetroit.org
Learn more at the official website: www.bcvdetroit.org
Mission Statement of Building Community Value
Building Community Value, as an organization, is dedicated to providing real estate training and ongoing technical assistance to residents in Detroit, Hamtramck, and Highland Park, Michigan. Their mission is to equip these individuals with the necessary skills and resources to navigate the real estate market effectively. In the past year, they conducted a comprehensive 9-month training program, investing significant time and effort to educate 32 participants. This program included in-class sessions, individual and group consultations, and workshops led by guest speakers. Furthermore, Building Community Value collaborated with various funding and resource partners to ensure that the participants gained the most from this experience. The organization's mission is crucial, aiming to empower local residents to participate actively in the real estate market and contribute to the development of their communities.
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Impact
October, 2024
Building Community Value significantly impacts the neighborhoods of Detroit, Hamtramck, and Highland Park by equipping residents with essential real estate skills and knowledge. In 2022, the organization successfully hosted a comprehensive nine-month real estate training program, benefiting 32 participants who gained valuable insights into the real estate market. With over 50 hours dedicated to in-class instruction and personalized support through individual and group office hours, the dedicated training team fostered an environment for residents to enhance their expertise.
This initiative not only empowers participants with practical skills but also strengthens community ties by promoting local investment and development. As these residents become more knowledgeable about real estate, they are better positioned to improve their communities, stimulate local economies, and contribute to community improvement efforts. The long-term effects of this training extend beyond individual successes, creating a ripple effect that enhances the overall vitality and resilience of the neighborhoods involved.
This information is meant to be a general summary of Building Community Value. 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 2022.
- Gross Receipts: $354,336
Assets and Liabilities:
- Total Assets: $187,836
- Total Liabilities: $47,364
- Net Assets: $140,472
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Organization Details
Founding Year
2017
Phone
(313) 731-2661Principal Officer
Chase Cantrell
Main Address
1401 West Fort St Ste 44344, Detroit, MI, 48244
Website
www.bcvdetroit.orgNTEE Category
Code: S31 - Community improvement
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