Charles Sherrod Community Development Corporation

Organization Overview

Charles Sherrod Community Development Corporation is located in Albany, GA. The organization was established in 2016. 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. As of 12/2023, Charles Sherrod Community Development Corporation employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles Sherrod 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 12/2023, Charles Sherrod Community Development Corporation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 51.6% each year . All expenses for the organization totaled $2.0m during the year ending 12/2023. While expenses have increased by 61.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S PRIMARY PURPOSE IS TO PRESERVE, ARCHIVE AND FOSTER SOUTHEAST AMERICAN CULTURE, ART, HISTORY AND FARMING LIFESTYLE, TO LESSEN COMMUNITY AND NEIGHBORHOOD TENSIONS, TO ELIMINATE RACIAL PREJUDICE AND DISCRIMINATION WHILE DEFENDING HUMAN AND CIVIL RIGHTS SECURED BY LAW. THIS PLAN IS TO ENGAGE THE PUBLIC IN DISCUSSIONS ABOUT CONTEMPORARY CONTROVERSIES, SUCH AS BLACK LAND LOSS, FOOD-RELATED DISPARITIES, ENVIRONMENTAL AND ECONOMIC JUSTICE, RACIAL HEALING AND RELATED TOPICS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRESERVED AND FOSTERED SOUTHEAST AMERICAN CULTURE, ART, HISTORY AND FARMING LIFESTYLE AND EDUCATED THE PUBLIC FOR THE ELIMINATION OF RACIAL PREJUDICE AND DISCRIMINATION BY ENGAGING THE PUBLIC IN DISCUSSIONS ABOUT CONTEMPORARY CONTROVERIES, SUCH AS BLACK LAND LOSS, FOOD-RELATED DISPARITIES, ENVIRONMENTAL AND ECONOMIC JUSTICE, AND RACIAL HEALING.


GRANTMAKING TO SUPPORT AGRICULTURAL COOPERATIVES AND OTHER ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Xavier Bailey
Chairman
$0
Phillip Davis
Member
$0
Pamela Jackson
Member
$0
Paul Jones
Treasurer
$0
Charlie Marks
Vice Chair
$0
Kenyatta Sherrod
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $202,091
All other contributions, gifts, grants, and similar amounts not included above$679,459
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$881,550
Total Program Service Revenue$4,245
Investment income $36,674
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $10,433
Net Gain/Loss on Asset Sales $6,231
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,929,556

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