Is Coraopolis Community Development Corporation Inc Legit?

Quick charity verification for Coraopolis Community Development Corporation Inc (EIN: 205398661)

Verdict: Coraopolis Community Development Corporation Inc appears trustworthy

92/100Mission Score
$1.1MRevenue
$3.3MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Coraopolis Community Development Corporation Inc demonstrates a generally healthy financial trajectory, marked by significant asset growth from $452,008 in 2016 to $3,340,179 currently. Revenue has shown considerable fluctuation, peaking at $1,486,838 in 2022 before dropping to $511,810 in 2023, indicating reliance on variable funding sources. The organization consistently reports 0% officer compensation across all filings, which is a strong indicator of transparency and a focus on directing funds to programs rather than executive salaries. While the latest expenses of $531,898 slightly exceeded revenue of $511,810 in 2023, the overall financial position remains robust due to substantial assets. The NTEE code P20 (Housing & Community Development) aligns with their mission, and the lack of officer compensation enhances their financial efficiency and public trust.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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