Community Development Corporation Of Brownsville Inc

Organization Overview

Community Development Corporation Of Brownsville Inc is located in Brownsville, TX. The organization was established in 1975. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 09/2021, Community Development Corporation Of Brownsville Inc employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Development Corporation Of Brownsville Inc 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 09/2021, Community Development Corporation Of Brownsville Inc generated $14.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $11.5m during the year ending 09/2021. While expenses have increased by 12.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CDCB'S MISSION IS TO ASSIST LOW INCOME RESIDENTS TO IMPROVE THEIR FINANCIAL SECURITY THROUGH FINANCIAL EDUCATION, GED EDUCATION, JOB TRAINING, AND THE PRODUCTION, FINANCE, AND MANAGEMENT OF AFFORDABLE HOUSING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ASSIST LOW-INCOME FAMILIES IN ATTAINING OR PRESERVING HOME OWNERSHIP OR AFFORDABLE RENTAL HOUSING THROUGH HOUSING COUNSELING, AFFORDABLE RENTS, BELOW MARKET FINANCING, CONSTRUCTION AND USE OF THE HOME DESIGNS AND TARGET OUTREACH. BUILT AND/OR FINANCED 74 SINGLE FAMILY HOMES FOR HOME OWNERSHIP, ASSISTED 958 FAMILIES WITH RENTAL ASSISTANCE, AND DEVELOPED 3 RENTAL UNITS. ASSISTED 103 FAMILIES WITH FIRST TIME HOME OWNERSHIP COUNSELING VISITS, MAKING 128 FAMILIES HOME BUYER READY, CONDUCTED 43 FINANCIAL EDUCATION CLASSES, AND ASSISTED 246 FAMILIES IN COMPLETING THEIR INCOME TAX RETURNS.


THE YOUTHBUILD PROGRAM SEEKS TO LINE JOB TRAINING EDUCATION ENHANCEMENT, AND AFFORDABLE HOUSING PRODUCTION BY WORKING WITH DROP-OUT YOUTHS FROM LOW INCOME FAMILIES BETWEEN THE AGES OF 16 AND 24. CDCB YOUTHBUILD PROVIDES A RANGE OF SUPPORT SERVICES, INCLUDING CHILD CARE, ALONG WITH A TRAINING STIPEND. A MAJOR FOCUS IS TO PROVIDE WORK OPPORTUNITIES IN THE PARTICIPANT'S OWN NEIGHBORHOOD.YOUTHBUILD ENROLLED 27 STUDENTS, 11 STUDENTS PASSED THE GED, 27 GAINED THEIR NCCER AND OSHA CERTIFICATE, AND 9 STUDENTS WENT TO WORK OR HIGHER EDUCATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Building Community Workshop
Architectural Design
$660,009
H & A Rgv Construction Corp
General Contractor
$1,256,022
Gonzalez Development Group
General Contractor
$241,000
Pederson Construction Co Inc
General Contractor
$1,740,634
Pedro Gonzalez Llc
General Contractor
$137,699
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $6,108,654
All other contributions, gifts, grants, and similar amounts not included above$2,459,763
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$8,568,417
Total Program Service Revenue$5,167,648
Investment income $517,059
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$62,842
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,190,282

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Community Development Corporation Of Brownsville Inc has recieved totaling $1,160,394.

Awarding OrganizationAmount
Enterprise Community Partners Inc

Columbia, MD

PURPOSE: CAPACITY BUILDING

$838,000
Youthbuild Usa Inc

Roxbury, MA

PURPOSE: TO CREATE A SOLID MENTORING COMPONENT IN YOUTHBUILD PROGRAMS.TO SUPPORT BUIL

$90,850
The Housing Partnership Network Inc

Boston, MA

PURPOSE: HOUSING STABILIZATION (RENTER STABILIZATION/EVICTION PREVENTION & HOMEOWNER ASSISTANCE/FORECLOSURE PREVENTION)

$73,000
The Housing Partnership Network Inc

Boston, MA

PURPOSE: HOUSING COUNSELING PROGRAM & ADMINISTRATION

$55,880
Brownsville Foundation For Health & Education

Brownsville, TX

PURPOSE: SUPPORT EDUCATION

$25,615
United Way Of Southern Cameron County

Brownsville, TX

PURPOSE: WORKPLACE TRAINING AND DEVELOPMENT OF YOUTH PARTICIPANTS

$25,000
View Grant Recipient Profile

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