Community Development Corporation Of Martinsville-Henry County
- Assets
- $126.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Martinsville, VA
- Founding
- 04/2015
- Data as of
- 12/2023
- EIN
- 47-2391908
Organization Overview
Community Development Corporation Of Martinsville-Henry County is located in Martinsville, VA. The organization was established in 2015. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Community Development Corporation Of Martinsville-Henry County 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 12/2023, Community Development Corporation Of Martinsville-Henry County generated $7.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $7.5k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
COMMUNITY DEVELOPMENT SERVES AS AN ORGANIZATION WITH FOCUS FOR REVITALIZTION AND REBUILDING MARTINSVILLE COMMUNITY THEREBY FOSTERING THE CREATION AND ATTRACTION OF THE NEW BUSINESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kulyias Swiney Chair Person | 0 | $0 | |
Cordelia Holland Treasurer | 0 | $0 | |
Billie Coles Secrtary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,800 |
| Total Revenue | $7,800 |
| 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 | $700 |
| Occupancy, rent, utilities, and maintenance | $1,375 |
| Printing, publications, postage, and shipping | $835 |
| Other expenses | $4,615 |
| Total expenses | $7,525 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,725 |
| Other assets | $0 |
| Total assets | $126,525 |
| Total liabilities | $0 |
| Net assets or fund balances | $126,525 |