Form 990 for tax year 2024
Filed by SUSTAINABLE COMMUNITY DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $445,500
- Total expenses
- $303
- Contributions and grants received
- $410,000
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $35,500
- Total assets, end of year
- $445,197
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $445,197
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $303
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$410,000
-
8a · Fundraising events: gross income
$50,000
-
8b · Fundraising events: direct expenses
$14,500
-
8c · Net income from fundraising events
total $35,500 · excluded $35,500
Functional expenses
Part IX, the statement of functional expenses.
-
11g · Fees: other
total $303 · management and general $303
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $445,197
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $445,197
Mission and programs · 2024
Mission
AT THE SUSTAINABLE COMMUNITY DEVELOPMENT CORPORATION (SCDC), WE HELP CREATE AND SUSTAIN SCALABLE AND REGENERATIVE EMPLOYMENT, ECONOMIC DEVELOPMENT AND AFFORDABLE HOUSING OPPORTUNITIES TO UNDERSERVED COMMUNITIES VIA PARTNERSHIPS WITH ORGANIZATIONS THAT HAVE LIKE-MINDED PHILANTHROPIC INTERESTS AND GOALS.
-
SCDC FOCUSES ON AFFORDABLE HOUSING, ECONOMIC DEVELOPMENT AND COMMUNITY DEVELOPMENT.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Stephen SachsSTEPHEN SACHS
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2
-
Kathryn SachsKATHRYN SACHS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.2
-
Pietro RosettiPIETRO ROSETTI
VICE PRESIDENT /SECRETARY
- Total calculated
- $0
- Hours/week
- 0.2
-
Bryan WalleyBRYAN WALLEY
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 0.2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 21 July 2025
- IRS schema version
- 2024v5.2
- Source object
- 202522029349300047
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