Community Services Agency Development Corporation
- Assets
- $16.4m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Reno, NV
- Founding
- 02/1993
- Data as of
- 03/2023
- EIN
- 88-0294837
Organization Overview
Community Services Agency Development Corporation is located in Reno, NV. The organization was established in 1993. 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. Community Services Agency 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 03/2023, Community Services Agency Development Corporation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $1.0m during the year ending 03/2023. While expenses have increased by 23.3% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LOW-INCOME HOUSING AND ECONOMIC ADVANCEMENT FOR INDIVIDUALS AT THE POVERTY LEVEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ASSIST LOW INCOME FAMILIES AND INDIVIDUALS IN A FEDERAL DEMONSTRATION PROGRAM, ASSETS FOR INDEPENDENCE. THE PROGRAM IS DESIGNED TO DEVELOP A SAVINGS PROGRAM FOR ASSET BUILDING AND TO PROVIDE EMERGENCY WEATHERIZATION SERVICES FOR LOW-INCOME FAMILIES THAT DO NOT QUALIFY FOR OTHER FEDERAL PROGRAMS.
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 |
|---|---|---|---|
Jerry Holloway Chair | OfficerTrustee | 1 | $0 |
Suzanne Shepherd Secretary/treasurer | OfficerTrustee | 1 | $0 |
Norma Robinson Board Memeber | Trustee | 1 | $0 |
Gary Jansen Board Memeber | Trustee | 1 | $0 |
Courtney Pino Board Memeber | Trustee | 1 | $0 |
Maricela Hyatt Board Memeber | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Simerson Construction Llc Construction | 3/30/23 | $191,856 |
Simerson Construction Llc Energy Solutions | 3/30/23 | $159,857 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $767,854 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $767,854 |
| Total Program Service Revenue | $0 |
| Investment income | $1,397,816 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $2,255,756 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $60,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $174,016 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,831 |
| Payroll taxes | $15,895 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $90 |
| Fees for services: Accounting | $54,651 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,641 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,378 |
| Travel | $4,401 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,329 |
| Insurance | $6,105 |
| All other expenses | $8,991 |
| Total functional expenses | $1,045,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,302,402 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $165,093 |
| Accounts receivable, net | $1,225 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $587,163 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $95,915 |
| Investments—publicly traded securities | $10,832,018 |
| Investments—other securities | $0 |
| Investments—program-related | $2,024,116 |
| Intangible assets | $0 |
| Other assets | $417,777 |
| Total assets | $16,425,709 |
| Accounts payable and accrued expenses | $269,752 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $587,163 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $856,915 |
| Net assets without donor restrictions | $15,568,794 |
| Net assets with donor restrictions | $0 |
| 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 | $16,425,709 |