Building Community Value
- Assets
- $303.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 81-1718144
Organization Overview
Building Community Value is located in Detroit, MI. The organization was established in 2017. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic 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. Building Community Value 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, Building Community Value generated $174.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 41.8% each year . All expenses for the organization totaled $194.2k during the year ending 12/2021. 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
PROVIDING REAL ESTATE TRAINING TO RESIDENTS OF DETROIT, HAMTRAMCK, AND HIGHLAND PARK, MICHIGAN. IN 2020, OVER 70 LOCAL RESIDENTS REGISTERED FOR THE 3-MONTH COURSE (OUT OF 140) APPLICATIONS), WHICH IS OFFERED TWICE A YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chase Cantrell President, Secretary And Treasurer | 1 | $0 | |
Amber Elliott Director | 1 | $0 | |
Jason Headen Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,344 |
| Total Program Service Revenue | $8,584 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $174,928 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $118,695 |
| Professional fees and other payments to independent contractors | $52,240 |
| Occupancy, rent, utilities, and maintenance | $320 |
| Printing, publications, postage, and shipping | $2,053 |
| Other expenses | $20,876 |
| Total expenses | $194,184 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $200,164 |
| Other assets | $0 |
| Total assets | $303,693 |
| Total liabilities | $183,471 |
| Net assets or fund balances | $120,222 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Building Community Value has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Ford Foundation New York, NY PURPOSE: GENERAL SUPPORT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cincinnati Center City Development Corporation Cincinnati, OH | $365,563,062 | $43,403,938 |
Gateway Economic Development Corporation Of Greater Cleveland Cleveland, OH | $401,423,840 | $30,122,951 |
Capitol South Community Urban Redevelopment Corporation Columbus, OH | $40,052,734 | $27,422,003 |
Milwaukee Economic Development Corp Milwaukee, WI | $129,937,785 | $4,507,113 |
The Center Of Workforce Innovations Inc Valparaiso, IN | $2,958,255 | $14,608,336 |
Cintrifuse Cincinnati, OH | $9,097,086 | $17,758,065 |
Walnut Hills Redevelopment Foundation Inc Cincinnati, OH | $7,399,538 | $1,025,062 |
Midtown Detroit Inc Detroit, MI | $6,098,841 | $4,938,478 |
Bellvue Gardens Community Urban Redevelopment Corporation Cincinnati, OH | $29,237,042 | $3,964,847 |
Detriot Economic Growth Association Detroit, MI | $6,651,865 | $5,567,044 |
Downtown Cleveland Improvementcorporation Cleveland, OH | $5,269 | $4,399,889 |
West Central Indiana Economic Development District Inc Terre Haute, IN | $2,629,970 | $4,624,225 |