Overview
What is Ccd Business Development Corporation?
Ccd Business Development Corporation is a nonprofit organization situated in Roseburg, Oregon, specifically at 2270 NW Aviation DR 4. Their primary mission is to foster economic growth and development in the local area. They accomplish this by identifying potential businesses and facilitating funding opportunities, thereby assisting in the procurement of low-interest rate loans. This aid is instrumental in maintaining or expanding employment, as well as attracting and recruiting new businesses within the local community. With a team of 32 dedicated individuals, Ccd Business Development Corporation plays a crucial role in promoting industrial growth and development in its area of operation.
What are the reviews and ratings of this charity?
Charity Navigator Rating 71% - Two-Star out of Four Star rating
Ccd Business Development Corporation has received a Two-Star rating from Charity Navigator, primarily reflecting its accountability and finance metrics. The charity's overall score is based entirely on its accountability and finance score, indicating a solid focus on these areas. The organization benefits from a fully independent board, which demonstrates a commitment to governance and oversight.
Strengths of the organization include a high program expense ratio of 94.13%, suggesting that a significant portion of its resources is directed toward its programs. Additionally, the board's independence and the absence of material asset diversion point to a transparent and well-managed financial structure. The inclusion of a conflict of interest policy and the documentation of board meeting minutes further enhance its accountability standards.
However, despite these strengths, the overall rating of 71% indicates room for improvement in other areas of performance. While the focus on accountability is commendable, potential donors may want to consider additional metrics beyond financial accountability to fully gauge the charity's impact and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Ccd Business Development Corporation legitimate?
Ccd Business Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ccd Business Development Corporation 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: $849,429
For more financial information, click here
What is the mission statement of Ccd Business Development Corporation?
The Ccd Business Development Corporation's mission is centered around promoting economic growth and development. They accomplish this by identifying potential businesses and facilitating the procurement of funding. Their primary objective is to assist in the recruitment of new businesses within local areas, offering them low-interest rate loans. This initiative aims to maintain or enhance employment levels, thereby contributing to the overall economic vitality of the community. Additionally, the corporation provides business assistance and management consulting services to aid in the successful operation of these newly established businesses.
Who is the CEO of Ccd Business Development Corporation?
Theresa Haga is the Director of Ccd Business Development Corporation.
What is the revenue of Ccd Business Development Corporation?
Ccd Business Development Corporation's revenue in 2023 was $3,951,340.
Who are the executives of Ccd Business Development Corporation and what are their salaries?
The average compensation at Ccd Business Development Corporation during 2023 was $26,545. There are 32 employees at Ccd Business Development Corporation.
Here are 26 key members and their salaries:
- 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
- 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
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $110,622
- Related: $0
- Other: $0
Where can I find the form 990 for Ccd Business Development Corporation?
Ccd Business Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ccd Business Development Corporation
Ccd Business Development Corporation, with a mission to foster economic growth and development, plays a pivotal role in assisting businesses by locating suitable opportunities and arranging funding. Their primary objective is to support industrial prospecting and the recruitment of new businesses in local areas. In addition to this, they offer low-interest rate loans to existing businesses, enabling them to maintain or enhance their employment levels. By providing management consulting services, Ccd Business Development Corporation aids businesses in overcoming challenges and thriving in their respective sectors.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Ccd Business Development Corporation plays a crucial role in driving economic growth and development in Roseburg, Oregon, by actively locating businesses and arranging funding. The organization provides essential services such as business assistance, management consulting, and access to low-interest rate loans to support the maintenance or growth of local employment opportunities. By assisting with industrial prospecting and recruiting new businesses to the area, Ccd Business Development Corporation contributes to stimulating the local economy and fostering community improvement.
This information is meant to be a general summary of Ccd Business Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $1,480,061
- Gross Receipts: $3,951,340
Assets and Liabilities:
- Total Assets: $9,345,398
- Total Liabilities: $2,099,966
- Net Assets: $7,245,432
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES
Revenue
$546,980
OPERATING INTEREST
Revenue
$358,697
SBA 504 REVENUE
Revenue
$223,882
REIMBURSEMENT
Revenue
$185,613
CONTRACTS & CONSULTING
Revenue
$122,579
Organization Details
Founding Year
1971
Phone
(541) 672-6728Principal Officer
Theresa Haga
Main Address
2270 NW AVIATION DR 4, ROSEBURG, OR, 97470
NTEE Category
Code: S30 - Community improvement
If you are a representative of Ccd Business Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.