Keystone Community Development Corp
- Assets
- $8.3k
- Revenue
- $4.4k
- Investments
- $0.0
- Employees
- 0
- Location
- League City, TX
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 46-4747551
Organization Overview
Keystone Community Development Corp is located in League City, TX. The organization was established in 2014. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keystone Community Development Corp 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 12/2021, Keystone Community Development Corp generated $4.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (38.4%) each year. All expenses for the organization totaled $1.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (46.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME BUYER EDUCATION CLASSES WERE CONDUCTED THROUGHOUT THE YEAR. PARTICIPANTS ARE PROVIDED MEALS, A SIX HOUR COURSE, AND A HOME TOUR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tommy Ginn Board Member | 1 | $0 | |
Jack Click Board Member | 4 | $0 | |
Charis Pollard Board Secretary/treasurer | 8 | $0 | |
Alexander Pratt Chairman Of The Board | 1 | $0 | |
Jay Coppock Board Member | 4 | $0 | |
Eric Goins Counselor | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,414 |
| Total Revenue | $4,414 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,507 |
| Total operating and administrative expenses | $1,692 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,307 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,307 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Keystone Community Development Corp has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Enterprise Holdings Foundation Saint Louis, MO PURPOSE: PROGRAM SUPPORT | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Quickcert Tulsa, OK | $2,343,407 | $2,400,741 |
Debt Education And Certification Foundation Fort Worth, TX | $2,181,103 | $1,641,637 |
Credit Counseling Of Arkansas Inc Fayetteville, AR | $985,008 | $1,311,283 |
True To Life Ministries Lake Jackson, TX | $1,257,058 | $709,455 |
Midland Community Development Corporation Midland, TX | $4,099,688 | $2,295,541 |
Freedom 5 One Ministries Inc Fayetteville, AR | $49,283 | $395,535 |
Foundation 99 West Lake Hills, TX | $18,692 | $0 |
Spottswood Community Development Corporation New Orleans, LA | $257,528 | $286,037 |
Flcct Inc Austin, TX | $446,156 | $304,440 |
Center For Consumer Recovery Inc Tulsa, OK | $230,601 | $0 |
Compass Finances Gods Way Arkansas Inc North Little Rock, AR | $58,295 | $0 |
Credit Coalition Houston, TX | $170,850 | $0 |