Bay Area Community Development Corporation Inc is located in San Francisco, CA. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay Area Community Development Corporation 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 12/2022, Bay Area Community Development Corporation Inc generated -$5.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $10.0 during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ENTITY WAS ESTABLISHED TO PROVIDE COMMUNITY BUILDING AND YOUTH LEADERSHIP DEVELOPMENT SERVICES. THERE WERE NO OPERATIONAL ACTIVITIES DURING THE YEAR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur Brown President | 0 | $0 | |
Charles Saunders Board Member | 1 | $0 | |
Hyacinth C Ahuruonye CPA Treasurer | 3 | $0 | |
Preston Gilmore Board Member | 0 | $0 | |
Kevin Jones Director | 0 | $0 | |
William Gray CPA Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,174 |
| Gain or Loss | -$10,931 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | -$5,757 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $10 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,785 |
| Other assets | $0 |
| Total assets | $66,785 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,785 |