University Area Community Development Corporation Inc.

“The preparation of the form 990 is overseen by both the executive director/ceo and chief financial officer. After it is prepared, the finance committee will review the return as compared to the audited financial statements before it is filed with the irs.”

“The organization requires its officers, directors and key employees to annually complete a conflict of interest form and confidentiality form.”

“The board of directors review and approve the compensation of the ceo. The executive director/ceo and finance committee establish the budget for the organization which includes all employees salaries in concurrence of the board of directors. The executive director/ceo may adjust the salary of the officers or key employees based on performance.”

“The organization will provide copies of its governing documents, conflict of interest policy and financial statements upon request.”

“The university area cdc's neighborhood transformation strategy (nts) follows a community development model that effectively supports university area residents by implementing nine initiatives aimed at improving their economic and social conditions. Our holistic approach engages and empowers members of this low-income community by including them in the process of creation, implementation, and management of this transformation plan. We believe that by providing the essential tools and support, we will enable residents to become change agents for their neighborhood and attain better jobs, better health, and better futures for their children. Overall, between 50% and 75% of university area residents are classified as having low-to-moderate income. Their per capita income has not significantly increased during the past few years; joblessness remains higher here than in hillsborough county overall; and many community members have no reliable means of transportation. These economic conditions create further problems for the area - impacting health, education, and housing. The neighborhood transformation strategy, through its nine strategies, is focused on programs that address these issues and seek to improve the economic and social conditions of university area residents. The nine nts initiatives include: harvest hope park; community safety action; community outreach; harvest hope properties; land banking; harvest hope cultural campus; block-by-block neighborhood survey, community infrastructure and university area partners collective.”

“Administrative fees: program service expenses 42,734. Management and general expenses 0. Fundraising expenses 0. Total expenses 42,734. Professional fees: program service expenses 18,880. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,880. Contract program providers: program service expenses 399,943. Management and general expenses 0. Fundraising expenses 0. Total expenses 399,943. Other fees: program service expenses 149,109. Management and general expenses 32,704. Fundraising expenses 33,174. Total expenses 214,987.”