Overview

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Est.

2003

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

BLOCK 3 COMMUNITY URBAN REDEVELOPMENT CORPORATION is a nonprofit organization focused on the redevelopment of blighted urban areas, primarily through the development of real property for student housing. With an operating budget of $6.8 million and total revenue of $8.6 million for the 2024 filing year, the organization aims to address the need for temporary accommodations in urban settings. Currently, there is no information available regarding a reliance on a single funder for 50% or more of its revenue.

Mission Statement

REDEVELOPMENT OF BLIGHTED URBAN AREAS BY DEVELOPMENT OF REAL PROPERTY PRIMARILY FOR STUDENT HOUSING.
Revenues
$8.6M
Expenses
$6.8M
Net Income:
+$1.8M
Assets
$39.5M
Liabilities
$46.7M
Net Assets:
-$7.2M
Operating Budget
$6.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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M
Matthew Bourgeois
Board Member
M
Matthew P Bourgeois
Board Member
C
Chip Kussmaul
Board Member

Frequently Asked Questions

What is BLOCK 3 COMMUNITY URBAN REDEVELOPMENT CORPORATION’s budget?
In 2024, BLOCK 3 COMMUNITY URBAN REDEVELOPMENT CORPORATION reported an annual operating budget of around $6.8 million. More detailed financial information is available to registered users.
What causes does BLOCK 3 COMMUNITY URBAN REDEVELOPMENT CORPORATION support?
BLOCK 3 COMMUNITY URBAN REDEVELOPMENT CORPORATION supports work in Temporary accommodations and Philanthropy.
Where does BLOCK 3 COMMUNITY URBAN REDEVELOPMENT CORPORATION operate?
BLOCK 3 COMMUNITY URBAN REDEVELOPMENT CORPORATION is headquartered in CINCINNATI, OH.