Keystone Community Development Corp
- Assets
- $78.3k
- Revenue
- $118.6k
- Investments
- $0.0
- Employees
- 0
- Location
- League City, TX
- Founding
- 10/2014
- Data as of
- 12/2023
- EIN
- 46-4747551
Organization Overview
Keystone Community Development Corp is located in League City, TX. The organization was established in 2014. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keystone Community Development Corp 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 12/2023, Keystone Community Development Corp generated $118.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $88.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME BUYER EDUCATION CLASSES WERE CONDUCTED THROUGHOUT THE YEAR. PARTICIPANTS ARE PROVIDED MEALS, A SIX HOUR COURSE, AND A HOME TOUR.
SERVICES AND ASSISTANCE GIVEN TO SUPPORT VETERANS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tommy Ginn Chairman Of The Board | 1 | $0 | |
Jack Click Board Member | 4 | $0 | |
Charis Pollard Board Secretary/treasurer | 4 | $0 | |
Jay Coppock Board Member | 4 | $0 | |
Eric Goins Board Member/counselor | 14 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $111,468 |
| Interest on Savings | $0 |
| Dividends & Interest | $53 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,053 |
| Total Revenue | $118,574 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $33,474 |
| Total operating and administrative expenses | $34,535 |
| Contributions, gifts, grants paid | $53,439 |
| Total expenses and disbursements | $87,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,335 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $78,335 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Keystone Community Development Corp has awarded $53,439 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SERVE FUND FOR VETERANS PURPOSE: GRANTS TO INDIVIDUAL VETERANS FOR HOUSING AND PERSONAL TRANSPORTATION NEEDS | $41,850 |
VFW 6378 PURPOSE: TO PROVIDE HONOR GUARDS FOR FUNERALS IN GALVESTON COUNTY | $5,000 |
PEARL HARBOR DINNER PURPOSE: VETERAN EVENT | $2,500 |
FREEDOM CRUISE PURPOSE: VETERAN EVENT | $1,589 |
DOUG MILLER PURPOSE: TO PROVIDE HONOR GUARDS FOR FUNERALS IN GALVESTON COUNTY | $2,500 |