LOWELL COMMUNITY DEVELOPMENT CORPORATION

EIN: 450961157 501(c)(3) Housing & Shelter

FRESNO, CA

Total Revenue
$231,262
Total Expenses
$248,194
Total Assets
$1,945,435
Net Assets
$1,616,708
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
CA
Phone
5599161247
Tax Period
2024-01-01 to 2024-12-31

LOWELL COMMUNITY DEVELOPMENT CORPORATION, founded in 2011, is a small nonprofit in the Housing & Shelter sector that reported $231K in total revenue in fiscal year 2024. Revenue fell 79% from the prior year — a significant decline worth monitoring. Net assets of $1.6M represent 84 months of operating reserves.

Mission

The Lowell Community Development Corporation exists to improve the quality of life in the Lowell neighborhood through community engagement, equitable housing and historic diversity. We have strived in the past years to improve the quality of Life starting in the home. Partnering with other CDCs, CBO's and Churches to bring more affordable housing, homeownership opportunities and education, education support, health and wellness opportunities and youth leadership and civic engagement. We have developed Rental Rights and Responsibilities workshops that equip tenants contributing to the health and safety of their community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $297,539
Program Service Revenue $0
Investment Income $9,327
Other Revenue $-75,604
TOTAL REVENUE $231,262

Expense Breakdown

Grants Paid $0
Salaries & Benefits $173,293
Fundraising Expenses $0
Program Expenses $173,601
Other Expenses $74,901
TOTAL EXPENSES $248,194

Year-over-Year Comparison

2024 2023 Change
Revenue $231,262 $1,090,500 -0.8%
Expenses $248,194 $237,009 +0.0%
Net Income $-16,932 $853,491 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
N/A
Employees
4
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAD REEDER Treasurer 0.00
Officer Director
$0 $0 $0
DESIRAE WASHINGTON Director 0.00
Officer Director
$0 $0 $0
CHRISTIAN GONZALEZ Secretary 0.00
Officer Director
$0 $0 $0
LAZARO SALAZAR Director 0.00
Officer Director
$0 $0 $0
KELSEY MCVEY Vice Chair 0.00
Officer Director
$0 $0 $0
VERONICA STUMPF Director 0.00
Officer Director
$0 $0 $0
CAROLYN FLORES Board Chair 0.00
Officer Director
$0 $0 $0
ESTHER CARVER EXECUTIVE DIRECTOR 40.00
$0 $0 $0
SAMAI MUNOZ BELLO ENGAGEMENT COORDINATOR 40.00
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $231,262 $248,194 $1,945,435 $-16,932
2023 $1,090,500 $237,009 $2,590,840 $853,491
2022 $1,301,554 $259,964 $1,571,323 $1,041,590
2021 $222,572 $129,492 $538,074 $93,080
2020 $305,608 $114,035 $449,196 $191,573
2019 $178,970 $68,399 $244,139 $110,571
2018 $121,669 $78,479 $126,556 $43,190
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