Overview
What is Community Development Inc?
Community Development Inc, based in Garden City, Idaho, is a nonprofit organization with a mission of "Building Homes Building People." Their primary focus is on developing and providing affordable housing for low-income individuals and those at risk of homelessness. The organization constructs programs to promote decent housing for this demographic and mobilizes public and private resources to support anti-poverty initiatives. They also involve the low-income population in developing and executing these programs. Community Development Inc extends its efforts beyond the United States, aiding in humanitarian construction management projects internationally. The organization currently employs 10 individuals.
Official website here: www.cdinet.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Community Development Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations and financial management. While the organization boasts an entirely independent board, which is a positive aspect, it falls short in critical areas such as the review or compilation of its financial statements and the transparency of its tax documents. This raises concerns regarding the overall accountability and financial practices of the organization.
Despite its strengths, the organization has a program expense ratio of 61.42%, which suggests that a significant portion of its resources is allocated towards programs rather than administrative costs. However, the liabilities to assets ratio of 56.11% indicates a balanced approach to its financial responsibilities. The presence of essential policies such as conflict of interest and whistleblower protections reflects a commitment to governance standards.
The lack of posted tax forms on the nonprofit's website is a notable limitation, as it detracts from transparency efforts that are crucial for donor trust. Addressing these transparency issues and improving financial oversight will be vital for Community Development Inc to enhance its rating and public perception in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Community Development Inc legitimate?
Community Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Development 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: $987,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,425,361
For more financial information, click here
Official website here: www.cdinet.us
What is the mission statement of Community Development Inc?
Community Development Inc's mission is encapsulated in its motto, "Building Homes, Building People." This mission translates into providing housing facilities and supportive services to low-income and homeless individuals or those at risk of homelessness. The corporation achieves this by constructing programs to promote the provision of affordable housing, mobilizing public and private resources for anti-poverty initiatives, and involving the low-income population in the development and execution of these programs. Furthermore, Community Development Inc extends its assistance to humanitarian efforts in construction management, both domestically and internationally.
Official website here: www.cdinet.us
Who is the CEO of Community Development Inc?
C Fred Cornforth is the Ceo & Chairman of Community Development Inc. The CEO's salary of Community Development Inc is $975,000 and their total compensation is $1,421,918.
Official website here: www.cdinet.us
What is the revenue of Community Development Inc?
Community Development Inc's revenue in 2022 was $6,458,509.
Official website here: www.cdinet.us
Who are the executives of Community Development Inc and what are their salaries?
The average compensation at Community Development Inc during 2022 was $341,296. There are 10 employees at Community Development Inc.
Here are 10 key members and their salaries (Community Development Inc's CEO's salary is $975,000 and their total compensation is $1,421,918):
- Compensation: $975,000
- Related: $0
- Other: $446,918
- Compensation: $12,600
- 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
- 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.cdinet.us
Where can I find the form 990 for Community Development Inc?
Community Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cdinet.us
Learn more at the official website: www.cdinet.us
Mission Statement of Community Development Inc
Community Development Inc, often referred to as CDI, is dedicated to its motto of "Building Homes, Building People." This mission encompasses several key aspects. Firstly, CDI strives to provide affordable housing facilities for low-income and homeless individuals, as well as those potentially at risk of homelessness or facing other disadvantages.
Secondly, CDI plays a crucial role in mobilizing both public and private resources to support anti-poverty programs. This involves not just financial contributions, but also leveraging resources to execute these programs effectively.
Thirdly, CDI encourages the active participation of the low-income community in the development and implementation of these anti-poverty initiatives. By involving the beneficiaries themselves, CDI aims to ensure that the programs are tailored to meet their unique needs and are sustainable in the long term.
In addition to its primary mission, Community Development Inc also extends its efforts to humanitarian efforts in construction management, both domestically and internationally. This holistic approach to community development reflects CDI's commitment to making a tangible impact on the lives of those in need.
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Impact
July, 2024
Community Development Inc's impact is significant in providing housing facilities, educational services, and support to low-income, homeless, and disadvantaged individuals. By constructing programs that promote decent and affordable housing, mobilizing resources for anti-poverty initiatives, and involving the low-income population in developing and implementing solutions, the organization plays a crucial role in addressing housing insecurity and poverty. Additionally, their work extends beyond the U.S. borders, contributing to humanitarian efforts in construction management internationally. Overall, Community Development Inc's dedication to "building homes and building people" has a tangible and positive impact on communities in need.
This information is meant to be a general summary of Community Development 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: $3,723,835
- Program Service Revenue: $1,165,247
- Gross Receipts: $15,232,034
Assets and Liabilities:
- Total Assets: $45,898,536
- Total Liabilities: $25,755,707
- Net Assets: $20,142,829
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY MANAGEMENT FEES
Revenue
$1,165,247
Organization Details
Founding Year
1998
Phone
(208) 649-1512Principal Officer
C Fred Cornforth
Main Address
4481 N DRESDEN PL, GARDEN CITY, ID, 83714
Website
www.cdinet.usNTEE Category
Code: X20 - Religion related
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