Overview

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Est.

2004

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

MT Sinai Development Corporation, with EIN 20-1569879, is dedicated to housing development and community improvement, focusing on acquiring undeveloped or unused land for low-cost housing projects and supporting the Church & Life Center. In the 2024 filing year, the organization operates with a budget of $431.7K and reported total revenue of $224.4K, relying on multiple funders without any single source contributing 50% or more of its revenue. While specific geographic focus is not detailed, the organization’s mission underscores a commitment to enhancing community living conditions through sustainable development initiatives.

Mission Statement

To acquire undeveloped/ unused land for low cost housing project and community development. General Support of the Church & Life Center.
Revenues
$224.4K
Expenses
$431.7K
Net Income:
-$207.3K
Assets
$266.1K
Liabilities
$385K
Net Assets:
-$118.9K
Operating Budget
$431.7K
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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Total No. of Grants
2
Median grant size
$10.3K
Largest grant received
$10.6K
R
Rhonda Jones
Board Member
H
Henry Matthews
Board Member
Z
Zina Cruise
Board Member

Frequently Asked Questions

What is MT SINAI DEVELOPMENT CORPORATION’s budget?
In 2024, MT SINAI DEVELOPMENT CORPORATION reported an annual operating budget of around $432 thousand. More detailed financial information is available to registered users.
What causes does MT SINAI DEVELOPMENT CORPORATION support?
MT SINAI DEVELOPMENT CORPORATION supports work in Community improvement and Housing development.
Where does MT SINAI DEVELOPMENT CORPORATION operate?
MT SINAI DEVELOPMENT CORPORATION is headquartered in East St. Louis, IL.
Who funded MT SINAI DEVELOPMENT CORPORATION recently?
In 2022, MT SINAI DEVELOPMENT CORPORATION received grants from ENTERPRISE COMMUNITY PARTNERS INC, GREATER GREEN BAY COMMUNITY FOUNDATION INC, and ENTERPRISE COMMUNITY PARTNERS INC. More information on this organization’s funders is available to registered users.
What is the largest grant MT SINAI DEVELOPMENT CORPORATION received in 2022?
The largest grant to MT SINAI DEVELOPMENT CORPORATION in 2022 exceeds $11 thousand.
What is MT SINAI DEVELOPMENT CORPORATION’s reliance on government grants?
MT SINAI DEVELOPMENT CORPORATION relied on government grants for more than 90% of their total revenue in 2024.