The Initiative Community Development Corporation
- Assets
- $186.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Riverdale, GA
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 01-0889314
Organization Overview
The Initiative Community Development Corporation is located in Riverdale, GA. The organization was established in 2009. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Initiative 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 12/2021, Initiative Community Development Corporation generated $136.9k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $146.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjarmann Howze Sr Vice-President | 10 | $15,000 | |
Renee Howze Secretary/treasurer | 10 | $2,000 | |
Robert Howze Jr President | 1 | $1,000 | |
Anthony Luigs Board Member | 0.25 | $0 | |
Arisa White Board Member | 0.25 | $0 | |
Alan Roos Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,500 |
| Total Program Service Revenue | $107,207 |
| Membership dues | $14,203 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $136,910 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,622 |
| Professional fees and other payments to independent contractors | $76,644 |
| Occupancy, rent, utilities, and maintenance | $15,443 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,621 |
| Total expenses | $146,330 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82 |
| Other assets | $0 |
| Total assets | $186,341 |
| Total liabilities | $234,152 |
| Net assets or fund balances | -$47,811 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Initiative Community Development Corporation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Thdf Ii Inc Atlanta, GA PURPOSE: To assist local charities | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christ For All Nations Orlando, FL | $10,548,183 | $19,908,436 |
Corporate Chaplains Of America Inc Wake Forest, NC | $14,993,771 | $19,711,827 |
Precept Ministries Of Reach Out Inc Chattanooga, TN | $10,987,140 | $15,669,576 |
Lake Junaluska Assembly Inc Lake Junaluska, NC | $31,377,440 | $12,754,761 |
Holy Angels Inc Belmont, NC | $12,927,862 | $9,334,354 |
United Against Poverty Inc Vero Beach, FL | $21,479,964 | $11,068,487 |
Impact 360 Institute Inc Atlanta, GA | $4,530,260 | $9,934,364 |
Proverbs 31 Ministry Inc Matthews, NC | $13,247,275 | $7,018,606 |
Campus Outreach Serve Inc Hoover, AL | $4,070,578 | $8,268,154 |
Intend Ministries Murfreesboro, TN | $2,990,387 | $7,592,867 |
Third Millennium Ministries Inc Casselberry, FL | $8,248,500 | $7,349,091 |
Suncoast Haven Of Rest Rescue Mission Inc Pinellas Park, FL | $540,922 | $5,432,743 |