Overview
What is Urban Community Developers Inc?
Urban Community Developers Inc is a nonprofit organization based in Covington, Kentucky, with a specific mission to revitalize the urban core neighborhoods in the cities of Covington and Newport. They achieve this by making and facilitating targeted real estate investments. Currently, they are building a house on Philadelphia Street and have plans to construct 11 more homes in the near future. The organization's primary goal is to eliminate blight and improve the living conditions in these areas. With their activities, they aim to contribute positively to the community and enhance the overall atmosphere of Northern Kentucky.
Is Urban Community Developers Inc legitimate?
Urban Community Developers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Community Developers 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: $144,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Urban Community Developers Inc?
Urban Community Developers Inc is an organization with a mission to eliminate blight and revitalize urban neighborhoods in cities like Covington and Newport, primarily through targeted investments in real estate. This initiative aims to breathe new life into Northern Kentucky's urban core, addressing the issues of blight and decay. The corporation is currently engaged in this work, having already purchased land and begun construction of a new house on Philadelphia Street in Covington, with plans to start 11 more homes in the near future.
Who is the CEO of Urban Community Developers Inc?
Luke Woerner is the Vice President of Urban Community Developers Inc.
What is the revenue of Urban Community Developers Inc?
Urban Community Developers Inc's revenue in 2022 was $0.
Who are the executives of Urban Community Developers Inc and what are their salaries?
There 4 volunteers at Urban Community Developers Inc.
Here are 5 key members and their salaries:
- Compensation: $144,000
- 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
Where can I find the form 990 for Urban Community Developers Inc?
Urban Community Developers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Urban Community Developers Inc
Urban Community Developers Inc, as a nonprofit organization, is dedicated to eliminating blight and revitalizing urban core neighborhoods in the cities of Covington and Newport. To achieve this mission, the corporation engages in targeted investments in real estate. This involves making strategic purchases of land and facilitating the development of properties to improve the overall appearance and livability of these neighborhoods. Currently, Urban Community Developers Inc is in the process of constructing a new house on Philadelphia Street in Covington, Kentucky. Furthermore, plans have been finalized for the commencement of construction on 11 more homes in the near future. Through these activities, Urban Community Developers Inc seeks to enhance the quality of life in these urban neighborhoods and contribute to their overall revitalization.
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Impact
October, 2024
Urban Community Developers Inc significantly impacts the urban core neighborhoods of Covington and Newport, Kentucky, by addressing blight and fostering community revitalization. The organization focuses on targeted real estate investments, which includes purchasing land and constructing new homes. Currently, they are in the process of building a house on Philadelphia Street and have plans for an additional 11 homes, thereby enhancing the neighborhood’s housing options and aesthetic appeal. Their efforts not only improve the physical environment but also promote community pride and stability, contributing to the overall economic and social well-being of the area.
This information is meant to be a general summary of Urban Community Developers 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.
Assets and Liabilities:
- Total Assets: $1,138,351
- Total Liabilities: $609,120
- Net Assets: $529,231
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Organization Details
Founding Year
2017
Phone
(859) 292-5505Principal Officer
Luke Woerner
Main Address
100 E RIVERCENTER 1100, COVINGTON, KY, 41011
NTEE Category
Code: S31 - Community improvement
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