AI Summary
The Franklinton Development Association is a community development corporation based in Columbus, Ohio, dedicated to revitalizing the Franklinton neighborhood through the creation of affordable housing and commercial development aimed at fostering economic growth. With an operating budget of $846.1K and total revenue of $950.2K for the 2024 filing year, the organization relies on multiple funders, none of which provide 50% or more of its revenue. Although the organization's website is not available, it continues to play a crucial role in housing development and community improvement in its local area.
Mission Statement
THE FRANKLINTON DEVELOPMENT ASSOCIATION IS A COMMUNITY DEVELOPMENT COPORATION FORMED TO LEAD THE REVITALIZATION OF THE FRANKLINTON NEIGHBORHHOOD OF COLUMUBS OHIO THROUGH THE CREATION OF AFFORDABLE HOUSING AND COMMERCIAL DEVELOPMENT FOR ECONOMIC GROWTH.
Cause Areas
2
Housing development
Community improvement
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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 FRANKLINTON DEVELOPMENT ASSOCIATION’s budget?
In 2024, FRANKLINTON DEVELOPMENT ASSOCIATION reported an annual operating budget of around $846 thousand. More detailed financial information is available to registered users.
What causes does FRANKLINTON DEVELOPMENT ASSOCIATION support?
FRANKLINTON DEVELOPMENT ASSOCIATION supports work in Housing development and Community improvement.
Where does FRANKLINTON DEVELOPMENT ASSOCIATION operate?
FRANKLINTON DEVELOPMENT ASSOCIATION is headquartered in Columbus, OH.
Who funded FRANKLINTON DEVELOPMENT ASSOCIATION recently?
In 2024, FRANKLINTON DEVELOPMENT ASSOCIATION received grants from COLUMBUS FOUNDATION, COMMUNITY DEVELOPMENT COLLABORATIVE OF GREATER COLUMBUS, and CHARITIES AID FOUNDATION AMERICA. More information on this organization’s funders is available to registered users.
What is the largest grant FRANKLINTON DEVELOPMENT ASSOCIATION received in 2024?
The largest grant to FRANKLINTON DEVELOPMENT ASSOCIATION in 2024 exceeds $100 thousand.
What is FRANKLINTON DEVELOPMENT ASSOCIATION’s reliance on government grants?
FRANKLINTON DEVELOPMENT ASSOCIATION relied on government grants for more than 25% of their total revenue in 2024.