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GREATER CENTENNIAL COMMUNITY DEVELOPMENT CORPORATION

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Tax-exempt status may be revoked

GREATER CENTENNIAL COMMUNITY DEVELOPMENT CORPORATION

EIN 13-3996271 · Housing Development, Construction, Management

What they do

to PROVIDE ECONOMIC ENRICHMENT to THE CITIZENS of MT. VERNON, NY BY ASSISTING RESIDENTS IN OBTAINING and MAINTAINING DECENT AFFORDABLE HOUSING and BY PROVIDING OTHER QUALITY of LIFE COUNSELING to THE NEEDY RESIDENTS

Before you give

Are they doing good?

Easy charity check
Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2017The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$294.77spent for every $100 of revenueSpending was higher than revenue this year.
$25.90of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.
$9.92in assets for every $1 spent this yearSome assets cannot be spent right away.
99.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $95,630 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $60,000 for REV JULIUS WALLS (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2017

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$49,100
Expenses$144,730
Annual shortfall $95,630 Expenses were higher than revenue for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$37,450 · 25.9% of expenses
Reported executive compensation (total)$55,000 · 38.0% of expenses
See all reported dollar amounts
Revenue$49,100
Expenses$144,730
Assets$1,435,802
Income$49,100
Contributions$49,000
Management and general$37,450
Executive compensation (total)$55,000
Accounting fees$600
People

Leadership and board

Tax year 2017

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
REV JULIUS WALLSPRESIDENT · 40 hrs/week $60,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (5)

REV JULIUS WALLSPRESIDENT

REV DR STEPHEN POGUECHAIRPERSON

VANESSA WATSONSECRETARY

WILLIAM CARTERVICE CHAIRPERSON

WILLIAM STALLINGSTREASURER

About this charity

Location
114 W 4TH STREET, Mount Vernon, NY 10550
County
Westchester
In care of
JULIUS WALLS
Primary officer
JULIUS WALLS, EXEC OFFICER

How to reach them

Filing and classification

Latest tax year
2017
Tax period began
July 1, 2017
Return type
990
Tax preparer
LAMBERT CONSULTING SERVICE
IRS tax category
Housing Development, Construction, Management
Revocation date
November 15, 2021

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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