Nogales Community Development Corporation
- Assets
- $4.8m
- Revenue
- $323.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Nogales, AZ
- Founding
- 12/1997
- Data as of
- 06/2022
- EIN
- 86-0878561
Organization Overview
Nogales Community Development Corporation is located in Nogales, AZ. The organization was established in 1997. 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 06/2022, Nogales Community Development Corporation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nogales 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 06/2022, Nogales Community Development Corporation generated $323.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.2%) each year. All expenses for the organization totaled $336.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD THRIVING COMMUNITIES IN NOGALES AND SANTA CRUZ COUNTY BY MANAGING PROJECTS FOR COMMERCIAL REVITALIZATION, BUSINESS SUPPORT FOR ENTREPRENEURS, ASSET DEVELOPMENT FOR INDIVIDUALS AND AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THIS FISCAL YEAR 510 INDIVIDUALS AND FAMILIES PARTICIPATED IN THE VITA VOLUNTEERS INCOME TAX ASSISTANCE PROGRAM INCLUDING 60 SELF-EMPLOYED INDIVIDUALS. NCD ALSO COLLABORATE WITH OTHER LOCAL ORGANIZATIONS AND DISTRIBUTED FOOD TO 18,515 FAMILIES.
THE ORGANIZATION PROVIDED TAX PREPARATION ASSISTANCE TO 700 INDIVIDUALS/HOUSEHOLDS IN THE VITA VOLUNTEERS INCOME TAX ASSISTANCE PROGRAM. THE ORGANIZATION ALSO PROVIDED SERVICES TO 1570 MEMBERS OF THE COMMUNITY THROUGH FINANCIAL LITERACY, FOOD ENTREPRENEURSHIP WORKSHOPS, BUSINESS LOANS, HOSTED THE NOGALES FARMERS MARKET, AND SNAP PROGRAM SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clariza Gastelum Interim Exec Director | Officer | 20 | $45,000 |
Marisela Parra Member | OfficerTrustee | 20 | $0 |
Leonilo Larriva President | OfficerTrustee | 20 | $0 |
Kathleen Escalada Member | Trustee | 5 | $0 |
Scott Vandervoet Member | Trustee | 2 | $0 |
Pat Rodriguez Secretary | OfficerTrustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $88,136 |
| All other contributions, gifts, grants, and similar amounts not included above | $122,573 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $210,709 |
| Total Program Service Revenue | $50,902 |
| Investment income | $11,203 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $30,982 |
| Net Gain/Loss on Asset Sales | $24,089 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $323,106 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $55,140 |
| Compensation of current officers, directors, key employees. | $13,785 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $34,604 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,200 |
| Payroll taxes | $7,472 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,191 |
| Fees for services: Accounting | $7,620 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,220 |
| Advertising and promotion | $1,307 |
| Office expenses | $850 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,184 |
| Travel | $134 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $48,844 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,061 |
| Insurance | $20,236 |
| All other expenses | $3,060 |
| Total functional expenses | $336,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,234,243 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $10,419 |
| Accounts receivable, net | $10,092 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $150,687 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,109 |
| Net Land, buildings, and equipment | $3,366,988 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,187 |
| Total assets | $4,811,306 |
| Accounts payable and accrued expenses | $44,661 |
| Grants payable | $65,030 |
| Deferred revenue | $3,402 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $992,564 |
| Unsecured mortgages and notes payable | $618,574 |
| Other liabilities | $1,500 |
| Total liabilities | $1,657,299 |
| Net assets without donor restrictions | $2,176,968 |
| Net assets with donor restrictions | $977,039 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,811,306 |