Overview
What is Core Community Partners?
Core Community Partners is a nonprofit organization situated in Bingham Farms, Michigan. Their primary mission is to facilitate affordable housing development and community economic growth through timely, cost-effective lending, investing, consulting, and other financial services. By supporting numerous organizations in financing and executing affordable housing transactions, Core Community Partners strives to enhance the quality of life in low-income communities.
Official website here: www.corecommunitypartners.com
Is Core Community Partners legitimate?
Core Community Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Core Community Partners 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
Official website here: www.corecommunitypartners.com
What is the mission statement of Core Community Partners?
Core Community Partners is committed to providing timely and cost-effective financial services, including lending, investing, and consulting. Their mission is to support the development and redevelopment of affordable housing and related community economic development projects. This aim is to enhance the quality of life in low-income communities. They offer their services to various organizations financing and developing affordable housing transactions, thereby contributing to the betterment of these communities.
Official website here: www.corecommunitypartners.com
What is the revenue of Core Community Partners?
Core Community Partners's revenue in 2024 was $1,045,345.
Official website here: www.corecommunitypartners.com
Who are the executives of Core Community Partners and what are their salaries?
There 4 volunteers at Core Community Partners.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $624,334
- Other: $33,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $462,582
- Other: $57,364
- Compensation: $0
- Related: $250,740
- Other: $44,420
Official website here: www.corecommunitypartners.com
Where can I find the form 990 for Core Community Partners?
Core Community Partners's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.corecommunitypartners.com
Learn more at the official website: www.corecommunitypartners.com
Mission Statement of Core Community Partners
Core Community Partners is an organization dedicated to enhancing the quality of life in low-income communities. Their mission is accomplished through timely and cost-effective lending, investing, consulting, and other financial services. This support aids in the development and redevelopment of affordable housing stock and related community economic development projects. By providing these services, Core Community Partners contributes to the overall well-being of these communities, ensuring that multiple organizations can finance and develop affordable housing transactions.
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Impact
October, 2024
Core Community Partners has a significant impact on the development of affordable housing and the revitalization of low-income communities. By providing timely and cost-effective loans and consulting services, they support various organizations focused on financing and developing affordable housing projects. This financial assistance plays a crucial role in enhancing the quality of life for residents in these communities, facilitating access to safe and affordable housing options. Through their efforts, Core Community Partners not only addresses housing needs but also contributes to broader community economic development, fostering environments where low-income individuals and families can thrive.
This information is meant to be a general summary of Core Community Partners. 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 2024.
- Investment Income: $156,928
- Program Service Revenue: $238,417
- Gross Receipts: $1,045,345
Assets and Liabilities:
- Total Assets: $4,470,020
- Total Liabilities: $1,218,012
- Net Assets: $3,252,008
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING FEE INCOME
Revenue
$175,000
ORIGINATION/OTHER FEES
Revenue
$63,417
Organization Details
Founding Year
2019
Principal Officer
Timothy V Fox
NTEE Category
Code: L40 - Housing
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