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Southfair Community Development Corporation
Southfair Community Development Corporation
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About this organization
Mission
South Fair CDC seeks to acquire, develop, rehabilitate, construct and preserve decent affordable housing for low and moderate income persons and families. Through the fostering of low income housing, Southfair CDC promotes the revitalization of neighborhoods and quality economic and social participation of the community to eliminate poverty.
About
Housing and community development - includes various programs for the development of single family housing and activites designed to foster affordable housing and revitalize neighborhoods. Southfair CDC has completed a development of 30 affordable single family homes, operated an rent to own program for prospective home buyers, increased marketing through the use of city of Dallas grants, and made substantial progress on construction of the remaining houses in the development. Southfair CDC sold two houses in 2018. Southfair completed pre-development work for seven homes and is still working towards completion of pre-development work for four additional single family houses.
Interesting data from their 2019 990 filing
The filing specifies the mission of the non-profit as “Southfair cdc seeks to acquire, develop, rehabilitate, construct and preserve decent affordable housing for low and moderate income persons and families.”.
When explaining its duties, they were described as: “South fair cdc seeks to acquire, develop, rehabilitate, construct and preserve decent affordable housing for low and moderate income persons and families. through the fostering of low income housing, southfair cdc promotes the revitalization of neighborhoods and quality economic and social participation of the community to eliminate poverty.”.
- The state in which the non-profit is authorized to operate legally is TX.
- According to the filing, the address of the non-profit for the year 2019 is 2610 MARTIN LUTHER KING BLVD, DALLAS, TX, 75215.
- The non-profit has reported 7 employees on their form for the year 2019.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is $44,485.
- The organization has 14 independent voting members.
- The organization was formed in 2000.
- The organization pays $186,599 in salary, compensation, and benefits to its employees.
- The organization pays $1,836 in fundraising expenses.
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