Community Development Inc
Nonprofit profile at a glance
- EIN
- 820472704
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Garden City, ID, USA
- Phone
- 2086491512
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $10,022,791
- Expenses
- $13,038,937
- Assets
- $39,650,686
- Liabilities
- $32,190,715
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Highest reported compensation
- Ed Cornforth (DIRECTOR): $454,565 total reported compensation
- Alexis Yon (Treasurer): $258,303 total reported compensation
- Charles Cornforth V (Director): $219,329 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of community development, inc is summed up in its motto "building homes building people". For cdi, this encompasses providing low income and homeless persons, potentially homeless persons or otherwise disadvantaged persons with housing facilities, as well as educational and supportive services by (1) constructing programs which will promote the provision of decent housing affordable to low-income persons. (2) mobilizing public and private resources in support of anti-poverty programs; and (3) involving the low-income in developing and carrying out anti-poverty programs. The corporation also assists other humanitarian efforts in construction management both within the u.s. And internationally.
What it reported doing in 2024
Multi-family projects - developing new affordable housing projects. Assisting low income individuals build and refinance affordable housing and to provide low income housing properties. Property management and coordination of supportive services for low-income housing properties.
Operating model
- Revenue model
- Earned-program. 65% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 70
- Accountability: 82
- Sustainability: 29
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 87.1%; rating input score 87
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -30.1%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 3.04; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.81; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 7.8%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 11.5% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: -2.3% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: 1.9% per year; rating input score 100; 17th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 87.1% of spending went to programs
- Governance: 7 of 7 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $11.4M in reported program spending
- Leadership: top reported pay $455K · 7 people listed · 1 of 6 pay-setting controls reported
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 36 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 4 of 9 not reported.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.