Community Development Corp Of Bentonville Bella Vista

Organization Overview

Community Development Corp Of Bentonville Bella Vista is located in Bentonville, AR. The organization was established in 1992. 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 04/2023, Community Development Corp Of Bentonville Bella Vista employed 88 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Development Corp Of Bentonville Bella Vista 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 04/2023, Community Development Corp Of Bentonville Bella Vista generated $3.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $3.3m during the year ending 04/2023. 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

CONSTRUCT & RENT LOW INCOME HOUSING

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONSTRUCTION AND RENTAL OF LOW INCOME HOUSING IN THE CITIES OF BENTONVILLE AND BELLA VISTA, ARKANSAS. TO DATE 17 RENTAL PROPERTIES HAVE BEEN ESTABLISHED. FOURTEEN ARE LOCATED IN BENTONVILLE WITH 285 UNITS FOR RENT. THREE IN BELLA VISTA WITH 58 RENTAL UNITS.


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Board, Officers & Key Employees

Name (title)Compensation
Tom Oppenheim
President
$0
David Ford
Vice-President
$0
Brenda Anderson
Secretary
$0
Keaton Smith
Member
$0
Ed Belto
Treasurer
$0
Delia Anderson Farmer
Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Nabholz Construction Corp
Construction
$4,777,965
Hufft Projects Llc
Design
$227,126
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $141,524
All other contributions, gifts, grants, and similar amounts not included above$1,068,873
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,210,397
Total Program Service Revenue$2,706,376
Investment income $10,035
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $3,926,808

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