OMNI DEVELOPMENT CORPORATION
AI Summary
OMNI DEVELOPMENT CORPORATION is a nonprofit community development and planning organization focused on housing development, dedicated to revitalizing neighborhoods through the construction of residential and commercial real estate. With an operating budget of $4 million and total revenue of $4.1 million for the filing year 2024, the organization relies on key funders such as LOCAL INITIATIVES SUPPORT CORPORATION and THE RHODE ISLAND COMMUNITY FOUNDATION to support its mission of providing high-quality affordable housing for low to moderate income families.
Mission Statement
OMNI DEVELOPMENT CORPORATION IS A NOT FOR PROFIT COMMUNITY DEVELOPMENT AND PLANNING CORPORATION CHARGED WITH THE REVITALIZATION OF NEIGHBORHOODS THROUGH THE CONSTRUCTION OF RESIDENTIAL AND COMMERCIAL REAL ESTATE. OMNI'S MISSION IS TO PROVIDE THE HIGHEST QUALITY AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME FAMILIES.
Cause Areas
1
Housing development
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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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Frequently Asked Questions
What is OMNI DEVELOPMENT CORPORATION’s budget?
In 2024, OMNI DEVELOPMENT CORPORATION reported an annual operating budget of around $4 million. More detailed financial information is available to registered users.
What causes does OMNI DEVELOPMENT CORPORATION support?
OMNI DEVELOPMENT CORPORATION supports work in Housing development.
Where does OMNI DEVELOPMENT CORPORATION operate?
OMNI DEVELOPMENT CORPORATION is headquartered in Providence, RI.
Who funded OMNI DEVELOPMENT CORPORATION recently?
In 2023, OMNI DEVELOPMENT CORPORATION received grants from LOCAL INITIATIVES SUPPORT CORPORATION, THE RHODE ISLAND COMMUNITY FOUNDATION, and LOCAL INITIATIVES SUPPORT CORPORATION. More information on this organization’s funders is available to registered users.
What is the largest grant OMNI DEVELOPMENT CORPORATION received in 2023?
The largest grant to OMNI DEVELOPMENT CORPORATION in 2023 exceeds $100 thousand.
What is OMNI DEVELOPMENT CORPORATION’s reliance on government grants?
OMNI DEVELOPMENT CORPORATION relied on government grants for less than 5% of their total revenue in 2024.