AI Summary
Denison Community Investment Corp (EIN: 75-2252981) is a nonprofit organization dedicated to housing services in Denison, Texas. Its mission is to manage economic development funds from the Union Pacific Railroad by offering a low-interest rate loan program to local businesses for acquiring property or equipment. With an operating budget of $15.4K and total revenue of $64K for the filing year 2024, the organization relies significantly on a single funder, as over 50% of its revenue comes from this source.
Mission Statement
TO ADMINISTER ECONOMIC DEVELOPMENT FUNDS RECEIVED FROM THE UNION PACIFIC RAILROAD BY PROVIDING A LOW-INTEREST RATE LOAN PROGRAM FOR DENISON BUSINESSES TO ENABLE THEM TO AQUIRE PROPERTY OR EQUIPMENT
Cause Areas
1
Housing services
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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 DENISON COMMUNITY INVESTMENT CORP’s budget?
In 2024, DENISON COMMUNITY INVESTMENT CORP reported an annual operating budget of around $15 thousand. More detailed financial information is available to registered users.
What causes does DENISON COMMUNITY INVESTMENT CORP support?
DENISON COMMUNITY INVESTMENT CORP supports work in Housing services.
Where does DENISON COMMUNITY INVESTMENT CORP operate?
DENISON COMMUNITY INVESTMENT CORP is headquartered in Denison, TX.