Overview
What is Ghent District Foundation?
The Ghent District Foundation is a nonprofit organization situated in Norfolk, Virginia. Its primary mission is to combat blight in the Ghent District, assist underprivileged entrepreneurs, and support minority-owned businesses. Additionally, it plays a significant role in preserving the historic Ghent Corridor and backing various community non-profit organizations. During its initial year of operations, the foundation has been actively engaged without any exempt function activities.
Is Ghent District Foundation legitimate?
Ghent District Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ghent District Foundation 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.
What is the mission statement of Ghent District Foundation?
The Ghent District Foundation is committed to combating urban decay in its area, assisting disadvantaged entrepreneurs and businesses owned by minorities, and advocating for the preservation of the historic Ghent Corridor and local non-profit organizations within the community. In its initial year of operation, the foundation carries out its mission without any tax-exempt functions. Its activities primarily focus on supporting these causes and promoting community development.
Who is the CEO of Ghent District Foundation?
Claus Ihlemann is the President of Ghent District Foundation.
What is the revenue of Ghent District Foundation?
Ghent District Foundation's revenue in 2022 was $2,775.
Who are the executives of Ghent District Foundation and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Ghent District Foundation?
Ghent District Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Ghent District Foundation
The Ghent District Foundation is a nonprofit organization dedicated to preventing blight in its community, supporting underprivileged entrepreneurs and minority-owned businesses, and promoting the preservation of the historic Ghent Corridor. Its mission extends to backing local non-profit organizations within the community as well. During its initial year of operations, the foundation has not engaged in any exempt function activities. The primary goal of the Ghent District Foundation is to enhance the well-being of its neighborhood, fostering economic growth and preserving its historical charm simultaneously.
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Impact
August, 2024
The Ghent District Foundation's impact can be seen in its efforts to prevent blight in the Ghent District, support underprivileged entrepreneurs and minority-owned businesses, and promote and preserve the historic Ghent Corridor. Additionally, the foundation provides support to nonprofit organizations within the community. Through its programs, the foundation is working towards enhancing the overall well-being and economic development of the Ghent District in Norfolk, VA.
This information is meant to be a general summary of Ghent District Foundation. 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.
- Gross Receipts: $2,775
Assets and Liabilities:
- Total Assets: $2,696
- Total Liabilities: $0
- Net Assets: $2,696
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Organization Details
Phone
(757) 446-9481Principal Officer
Claus Ihlemann
Main Address
301 W 21ST STREET, NORFOLK, VA, 235172112
NTEE Category
Code: S31 - Community improvement
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