GREATER PEACE COMMUNITY DEVELOPMENT CORPORATION

EIN: 631254397 501(c)(3) Housing & Shelter

Opelika, AL

Total Revenue
$854,142
Total Expenses
$721,083
Total Assets
$815,886
Net Assets
$361,501
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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
AL
Principal Officer
CLIFFORD E JONES
Phone
3347499487
Tax Period
2023-01-01 to 2023-12-31

GREATER PEACE COMMUNITY DEVELOPMENT CORPORATION, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $854K in total revenue in fiscal year 2023. Revenue surged 60% from the prior year, signaling strong growth momentum. The organization ran a surplus of $133K, a strong 16% operating margin.

Mission

The Greater Peace Community Development Corporation seeks to: forge common community identity and develop shared vision among major groups and stakeholders within the community for the development of community based leadership to economically revitalize distressed neighborhoods in Opelika, Alabama, Auburn, Alabama and the Lee County area; develop a stable environment that promotes sound business investments and entrepreneurial opportunities; partner with other entities to provide entrepreneurial training one-on-one entrepreneurship counseling, networking and access to capital through microenterprise service; foster commercial development; outreach to welfare recipients by including their participation in the comprehensive entrepreneurship program by assisting them transition off welfare and to use self-employment as an alternative way of life; develop leadership skills in youth, provide affordable and meaningful family day care services to families; develop affordable living facilities

Program Service Accomplishments

Program 1
Expenses: $380,871 Revenue: $384,136

The Greater Peace Community Development Center is constructed to provide quality, affordable child care for low to moderate-income families. The center is licensed to house sixty-three (63) children...

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The Greater Peace Community Development Center is constructed to provide quality, affordable child care for low to moderate-income families. The center is licensed to house sixty-three (63) children ages two years to five years of age. The Center houses two (2) First Class PreK classes as part of the Office of School Readiness. Our First Class PreK program was the first in the greater Opelika, Alabama area, succeeding in providing First Class PreK services to students. Additional PreK programs exist in our community due to our availability and model. Our center also provides child care for special needs students. Opelika City Schools provides training and resources to our students and staff. The center also houses one preschool class for students 3-4 years of age. Our center offers extended day services to families needing those extra hours for employment.

Program 2
Expenses: $32,870 Revenue: $55,747

The Greater Peace Community Development Corporation provides after-school education programs that focus on science, technology, engineering, and math for students in grades K-8. Certified teachers...

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The Greater Peace Community Development Corporation provides after-school education programs that focus on science, technology, engineering, and math for students in grades K-8. Certified teachers provide students with homework assistance, test preparation, and enrichment activities to help them build on their current knowledge. Our caring staff coaches and instructs students while encouraging them to reach their full potential through academic and social areas. When needed or requested, suggested coping techniques for better performance are provided to students enrolled in our program and those who attend schools within our school district. The Greater Peace Community Development Corporation provides summer child care for students grades K-6. This six-week program focuses on science, technology, agriculture, reading, math, and history. Certified teachers and experienced staff provide our students with engaging and project-based learning opportunities. Students participate in weekly field trips and activities to provide them with first-hand learning experiences.

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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 (2023)

Revenue Breakdown

Contributions & Grants $617,108
Program Service Revenue $178,590
Investment Income $0
Other Revenue $58,444
TOTAL REVENUE $854,142

Expense Breakdown

Grants Paid $0
Salaries & Benefits $430,952
Fundraising Expenses $0
Program Expenses $413,741
Other Expenses $290,131
TOTAL EXPENSES $721,083

Year-over-Year Comparison

2023 2022 Change
Revenue $854,142 $534,760 +0.6%
Expenses $721,083 $484,866 +0.5%
Net Income $133,059 $49,894 +1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
15
Employees
N/A
Volunteers
7

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
3
$20,000
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Clifford E Jones President 5
Officer
$0 $20,000 $20,000
Wilbert Payne Director 2
Director
$0 $0 $0
Kimberly Blanton Director 3
Director
$0 $0 $0
Andrew Rembert III Director 2
Director
$0 $0 $0
Charles Smith Director 2
Director
$0 $0 $0
CP Rogers Director 2
Director
$0 $0 $0
William Sauser Vice President 2
Director
$0 $0 $0
Tommie Agee Director 2
Director
$0 $0 $0
Cynithia Booth Director 3
Director
$0 $0 $0
Sherry Cook Director 3
Director
$0 $0 $0
Sidney James Nakhjavan Director 2
Director
$0 $0 $0
Thomas Sherfield Director 2
Director
$0 $0 $0
Clarence Stewart IV Director 2
Director
$0 $0 $0
Lolly Steiner Director 2
Director
$0 $0 $0
Raven Harvis Secretary 5
Officer
$0 $0 $0
Cassandra Dowdell Allen Treasurer 10
Officer
$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 No data No data No data No data
2023 $854,142 $721,083 $815,886 $133,059
2022 $534,760 $484,866 $815,886 $49,894
2021 $422,494 $376,641 $751,522 $45,853
2020 $324,524 $327,857 $740,412 $-3,333
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