Overview
What is Cv Appalachian Cde Inc?
Cv Appalachian CDE Inc is a nonprofit organization situated in Lexington, Kentucky. Its primary mission is to stimulate economic development in economically distressed areas by strategically investing New Markets Tax Credits derived from the Community Development Financial Institutions Fund. This organization works closely with Community Ventures Corporation to revitalize communities that are characterized as severely economically disadvantaged. Their initiatives aim to improve the local economy and living standards in these areas.
Is Cv Appalachian Cde Inc legitimate?
Cv Appalachian Cde Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cv Appalachian Cde Inc 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: $0
For more financial information, click here
What is the mission statement of Cv Appalachian Cde Inc?
Cv Appalachian CDE Inc's mission is to aid Community Ventures Corporation in fostering economic development. They achieve this by revitalizing communities that are severely economically distressed. This is carried out through strategic investments of New Markets Tax Credits, allocated from the Community Development Financial Institutions Fund. The goal is to stimulate economic growth and improve the livelihoods of people in these underserved areas.
Who is the CEO of Cv Appalachian Cde Inc?
Kevin Smith is the President of Cv Appalachian Cde Inc.
What is the revenue of Cv Appalachian Cde Inc?
Cv Appalachian Cde Inc's revenue in 2022 was $364,479.
Who are the executives of Cv Appalachian Cde Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $239,533
- Other: $68,189
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cv Appalachian Cde Inc?
Cv Appalachian Cde Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cv Appalachian Cde Inc
Cv Appalachian CDE Inc is committed to aiding Community Ventures Corporation in revitalizing economically distressed communities. This nonprofit organization's mission is to engage in economic development by strategically investing new market tax credits, allocated from the Community Development Financial Institutions Fund. By doing so, Cv Appalachian CDE Inc aims to stimulate economic growth and development in areas that are severely economically disadvantaged.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Cv Appalachian Cde Inc plays a critical role in economic development by focusing on revitalizing severely economically distressed communities. By facilitating strategic investments through New Markets Tax Credits from the Community Development Financial Institutions Fund, the organization targets areas in desperate need of economic revitalization. These investments help stimulate local economies, create jobs, and improve living conditions.
Through its initiatives, Cv Appalachian Cde Inc enhances community infrastructure and fosters business growth, ultimately leading to increased quality of life for residents in Lexington, KY, and surrounding areas. By addressing the specific needs of economically distressed regions, the organization not only promotes financial stability but also encourages community cohesion and resilience.
This information is meant to be a general summary of Cv Appalachian Cde Inc. 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.
- Investment Income: $14
- Program Service Revenue: $274,083
- Gross Receipts: $364,479
Assets and Liabilities:
- Total Assets: $3,038,636
- Total Liabilities: $1,027
- Net Assets: $3,037,609
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$274,083
Organization Details
Founding Year
2016
Phone
(859) 231-0054Principal Officer
Kevin Smith
Main Address
1450 N BROADWAY, LEXINGTON, KY, 40505
NTEE Category
Code: S30 - Community improvement
If you are a representative of Cv Appalachian Cde Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.