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Burlington Development Corporation

Burlington Development Corporation

Burlington, NC 27217
Tax ID56-1878125

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About this organization

Revenue

$153,013

Expenses

$220,992

Mission

BDC's goals and objectives are to engage in or assist in development, financing and/or the operation of housing for low-income people and families and to provide supportive services necessary for the residents to become academically successful and economically self-sufficient. BDC strives to change the public housing culture, values and behavior through positive incentives doe resident self-sufficiency, providing programs and services that empower residents and collaboration and partnerships throughout the community to meet that end.

About

Provide scholarships and other programs and learning experiences to continue education for low and very-low income persons.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “Bdc's goals and objectives are to engage in or assist in development, financing and/or the operation of housing for low-income people and families and to provide supportive services necessary for the residents to become academically successful and economically self-sufficient. bdc strives to change the public housing culture, values and behavior through positive incentives doe resident self-sufficiency, providing programs and services that empower residents and collaboration and partnerships throughout the community to meet that end.”.

When explaining its purpose, the activities were described as: “Bdc's goals and objectives are to engage in or assist in development, financing and/or the operation of housing for low-income people and families and to provide supportive services necessary for the residents to become academically successful and economically self-sufficient. bdc strives to change the public housing culture, values and behavior through positive incentives doe resident self-sufficiency, providing programs and services that empower residents and collaboration and partnerships throughout the community to meet that end.”.

  • The non-profit is legally allowed to operate in the state of NC, as reported.
  • The filing provides the non-profit's address in 2020 as 133 N Ireland Street, Burlington, NC, 27217.
  • The non-profit has a total of 0 employees, as reported on their form for 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is -$67,979.
  • The CEO remuneration policy within the organization is not established through a review and endorsement from a neutral party.
  • The organization has 7 independent voting members.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization's financial statements were reviewed by an accountant.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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