Greater Local Neighborhoods Community Development Corporation is located in Crestview, FL. The organization was established in 2015. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Local Neighborhoods 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 12/2021, Greater Local Neighborhoods Community Development Corporation generated $98.8k 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 (8.2%) each year. All expenses for the organization totaled $42.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
TO OWN AND OPERATE AFFORDABLE HOUSING UNITS THAT HAVEBEEN RENOVATED FROM VACANT PROPERTIES IN BLIGHTED AREAS THAT WILL MEET FEDERAL, STATE AND LOCAL OBJECTIVES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael J Harold Director Of Operations | 20 | $0 | |
Mariah Lewis Treasurer | 1 | $0 | |
Joy Spadaro Board Member | 1 | $0 | |
Samuel Harold Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
Total Program Service Revenue | $48,753 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $98,753 |
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 | $750 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $41,499 |
Total expenses | $42,249 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $73,259 |
Other assets | $0 |
Total assets | $316,854 |
Total liabilities | $0 |
Net assets or fund balances | $316,854 |
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