Clifton Community Development Corporation
- Assets
- $282.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clifton, IL
- Founding
- 11/2013
- Data as of
- 08/2017
- EIN
- 46-0752420
Organization Overview
Clifton Community Development Corporation is located in Clifton, IL. The organization was established in 2013. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clifton Community Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2017, Clifton Community Development Corporation generated $24.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (70.0%) each year. All expenses for the organization totaled $53.4k during the year ending 08/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE HISTORIC PRESERVATION, PROTECTION AND USE OF CLIFTON'S TRADITIONAL DOWNTOWN AREA. TO TAKE REMEDIAL ACTIONS TO ELIMINATE THE PHYSICAL, ECONOMIC AND SOCIAL DETERIORATION OF CLIFTON'S TRADITIONAL DOWNTOWN AREA.
Describe the Organization's Program Activity:
Part 3
EXPENDITURES INCURRED TO IMPROVE THE AESTHETIC QUALITIES OF THE DOWNTOWN AREA THROUGH LANDSCAPING ENHANCEMENTS TO PROVIDE A PARK-LIKE ATMOSPHERE.
ASSIST IN THE REHABILIATION OF THE CLIFTON POOL.
SCHOLARSHIP AWARDS FOR HIGHER EDUCATION FOR COMMUNITY STUDENTS.
ASSIST THE CLIFTON FOOD PANTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Caspary President | 2 | $0 | |
Charles E Jemar Treasurer | 1 | $0 | |
Donald Hemenover Vice Preside | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,840 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,840 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,015 |
| Occupancy, rent, utilities, and maintenance | $1,612 |
| Printing, publications, postage, and shipping | $82 |
| Other expenses | $49,711 |
| Total expenses | $53,420 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $282,493 |
| Other assets | $0 |
| Total assets | $282,493 |
| Total liabilities | $0 |
| Net assets or fund balances | $282,493 |