NonprofitsCentral Alabama Development Corporation

Central Alabama Development Corporation

ALEX CITY, AL

Total revenue

$70K

Total expenses

$66K

Net assets

$640K

Grants received

EIN

364850606

Tax year

2023

Mission

To provide decent, safe and sanitary housing for low- and moderate-income persons by acquiring, managing, or otherwise dealing with real property for the betterment of the community in the owning, renting, managing, selling, or financing homes, apartments, or other housing for persons of low income, including families, elderly, handicapped or disabled persons.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$54K
Investment income$12K
Other revenue$4K
Total revenue$70K

Expenses

Grants paid
Salaries & benefits$4K
Fundraising
Other expenses$62K
Total expenses$66K
Total assets$643K
Net assets$640K

People

7 listed

NameRoleCompensation

Carl Worthy

Director

Board

1 hrs/wk

Darrell Armour

Director

Board

1 hrs/wk

Mark Tuggle

Director

Board

1 hrs/wk

Frances Thomas

Director

Board

1 hrs/wk

Scott Blake

Director

Board

1 hrs/wk

Darold Sterling

President

Board

15 hrs/wk

Amy Lashley

Secretary & Treasurer

Board

5 hrs/wk

Details

EIN364850606
Subsection03
Ruling date2021-02
Formed2016
Employees0
Volunteers7
CENTRAL ALABAMA DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo