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Dreambuilders Nonprofit Housing Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 844920454 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

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Overview

What is Dreambuilders Nonprofit Housing Corporation?

Dreambuilders Nonprofit Housing Corporation is a Detroit, Michigan-based organization, serving as a community development firm. Their primary focus lies in addressing the demand for affordable housing by offering both affordable and mixed-income housing options. Additionally, they engage in strategic economic and commercial development, aiming to revitalize and improve disinvested neighborhoods in the city. The organization's mission is to actively contribute to the community by providing housing solutions.


Official website here: www.developdetroit.org

Is Dreambuilders Nonprofit Housing Corporation legitimate?

Dreambuilders Nonprofit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dreambuilders Nonprofit Housing Corporation submitted a form 990EZ, 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.


Official website here: www.developdetroit.org

What is the mission statement of Dreambuilders Nonprofit Housing Corporation?

Dreambuilders Nonprofit Housing Corporation serves as a nonprofit community development organization, actively addressing the need for affordable housing. Its mission is to provide both affordable and mixed-income housing, along with strategic economic and commercial development. The primary goal is to stabilize and revitalize underinvested neighborhoods, contributing to their transformation.


Official website here: www.developdetroit.org

Who is the CEO of Dreambuilders Nonprofit Housing Corporation?

Sonya Mays is the President of Dreambuilders Nonprofit Housing Corporation.


Official website here: www.developdetroit.org

What is the revenue of Dreambuilders Nonprofit Housing Corporation?

Dreambuilders Nonprofit Housing Corporation's revenue in 2022 was $45,000.


Official website here: www.developdetroit.org

Who are the executives of Dreambuilders Nonprofit Housing Corporation and what are their salaries?


Here are 3 key members and their salaries:


Sonya Mays (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oren Brandvain (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Willian (Treasurer & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.developdetroit.org

Where can I find the form 990EZ for Dreambuilders Nonprofit Housing Corporation?

Dreambuilders Nonprofit Housing Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.developdetroit.org

Learn more at the official website: www.developdetroit.org

Mission Statement of Dreambuilders Nonprofit Housing Corporation

Dreambuilders Nonprofit Housing Corporation is committed to serving as a nonprofit community development firm, actively addressing the pressing need for affordable housing in various communities. With a focus on mixed income housing, this organization strives to stabilize and transform disinvested neighborhoods, contributing to their overall improvement. The corporation's mission is to provide both affordable housing units and strategic economic and commercial development, aiming to uplift communities and improve their living conditions.

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Impact




August, 2024

Dreambuilders Nonprofit Housing Corporation plays a vital role in providing affordable and mixed-income housing in Detroit, MI. By focusing on strategic economic and commercial development, they work towards stabilizing and transforming disinvested neighborhoods. Their mission to address the need for affordable housing directly impacts the community by creating more stable living conditions and opportunities for residents in Detroit.




This information is meant to be a general summary of Dreambuilders Nonprofit Housing Corporation. 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.

Revenue
$45,000 (2022)
Expenses
$2,484 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $45,000
  • Gross Receipts: $45,000

Assets and Liabilities:

  • Total Assets: $442,940
  • Total Liabilities: $0
  • Net Assets: $442,940

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Organization Details

Principal Officer

Sonya Mays

Main Address

1452 RANDOLPH STREET SUITE 300, DETROIT, MI, 48226

NTEE Category

Code: L20 - Housing

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