Greater Local Neighborhoods Community Development Corporation

Organization Overview

Greater Local Neighborhoods Community Development Corporation is located in Crestview, FL. The organization was established in 2015. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Local Neighborhoods 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, Greater Local Neighborhoods Community Development Corporation generated $98.8k 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 (8.2%) each year. All expenses for the organization totaled $42.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

TO OWN AND OPERATE AFFORDABLE HOUSING UNITS THAT HAVEBEEN RENOVATED FROM VACANT PROPERTIES IN BLIGHTED AREAS THAT WILL MEET FEDERAL, STATE AND LOCAL OBJECTIVES.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$50,000
Total Program Service Revenue$48,753
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$98,753

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