Opa-Locka Community Development Corporation Inc

Organization Overview

Opa-Locka Community Development Corporation Inc is located in Opa Locka, FL. The organization was established in 1983. 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. As of 12/2021, Opa-Locka Community Development Corporation Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opa-Locka Community Development Corporation Inc 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, Opa-Locka Community Development Corporation Inc generated $19.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.5% each year . All expenses for the organization totaled $11.8m during the year ending 12/2021. While expenses have increased by 16.8% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

OPA LOCKA CDC TRANSFORMS UNDER-RESOURCED COMMUNITIES INTO VIBRANT,DESIRABLE,ENGAGED NEIGHBORHOODS BY IMPROVING ACCESS TO HEALTH, EDUCATION,EMPLOYMENT,ART,SAFETY AND AFFORDABLE HOUSING

Describe the Organization's Program Activity:

Part 3 - Line 4a

REHABILITED HOMES FOR THE VERY LOW AND MODERATE LOW INCOME FAMILIES. DEVELOPED MULTI-FAMILY RENTAL UNITS FOR VERY LOW AND MODERATE INCOME FAMILIES. DEVELOPED ECONOMIC PROJECTS WHICH PROVIDED LEASING OF COMMERCIAL SPACE AND ATTRACTED JOB OPPORTUNITIES.


EDUCATION, FAMILY AND HEALTH DEPARTMENT PROVIDES A STRATEGIC RESPONSE TO PROVIDING EDUCATION TO CHILDREN AND FAMILIES IN THE COMMUNITY. THIS DEPARTMENT ADDRESSED HEALTH INEQUALITIES EXPERIENCED BY OPA LOCKA RESIDENTS. THE DEPARTMENT ALSO PROVIDES HEALTH FAIRS AND ACCESS TO EXERCISE EQUIPMENT FOR THE UNDERSERVED COMMUNITY.


OTHER FINANCIAL EMPOWERMENT AND SMALL BUSINESS PROGRAMS


ARTS AND CREATIVE INDUSTRY DEPARTMENT IS COMMITTED TO PROVIDING UNIQUE ARTS-BASED SOCIAL AND ECONOMIC OPPORTUNITES FOR CURRENT AND FUTURE RESIDENTS AS WELL AS VISITORS AND STAKEHOLDERS OF OPA LOCKA. THESE INITIATIVES ARE MEANT TO MAKE QUALITY ART OF ALL FORMS EASILY ACCESSIBLE AND ENGRAINED INTO EVERY DAY LIFE OF RESIDENTS IN OPA LOCKA.


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Board, Officers & Key Employees

Name (title)Compensation
Wendy Francios
Executive Committee
$0
Quinn Smith
Vice Chairman
$0
Alex Rhodes
Treasurer
$0
Nashid Sabir
Chairman
$0
Gary Loft
Controller
$0
Willie F Logan
CEO
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Florida Education Fund
After Care Program
$265,754
Igwt Construction
Construction
$424,979
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $539,654
All other contributions, gifts, grants, and similar amounts not included above$2,560,462
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,100,116
Total Program Service Revenue$10,730,402
Investment income $84,678
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,955,430
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $19,527,204

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Opa-Locka Community Development Corporation Inc has recieved totaling $311,523.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$100,173
Opportunity Finance Network

Philadelphia, PA

PURPOSE: FINANCE JUSTICE FUND SUBGRANT

$100,000
The Miami Foundation Inc

Miami, FL

PURPOSE: PROGRAM SUPPORT

$45,750
Hfsf Grants Management Inc

Miami, FL

PURPOSE: EDUCATE, PROTECT, VACCINATE

$25,600
Enterprise Community Partners Inc

Columbia, MD

PURPOSE: CAPACITY BUILDING

$25,000
Aarp

Washington, DC

PURPOSE: Grant to support AARP's Livable Communities initiative

$15,000
View Grant Recipient Profile

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