Skinker Debalivere Housing Corporation

St Louis, MO

Mission

COMBAT URBAN BLIGHT, COMMUNITY IMPROVEMENT AND ECONOMIC DEVELOPMENT.

Ruling year info

1990

Main address

6008 Kingsbury Ave

St Louis, MO 63112 United States

EIN

43-1525109

NTEE code info

Housing Development, Construction, Management (L20)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

What we aim to solve

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Our programs

SOURCE: IRS Form 990

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

IN FURTHERING ITS PURPOSE OF COMBATING URBAN BLIGHT AND DECAY, ECONOMIC DEVELOPMENT AND STABILIZATION OF NEIGHBORHOOD BLOCKS; THE CORPORATION HAS ACQUIRED RENTAL PROPERTY FOR RENEWAL AND RENTAL OPERATION.

Expenses
$216,664
Revenue
$53,791

THE CORPORATION HAS ACQUIRED PROBLEM PROPERTIES WHICH HAVE BEEN RESOLD TO OWNER OCCUPANTS FOR REHAB UNDER FINANCING ARRANGEMENTS WITH DEBT FORGIVENESS FOR OWNER OCCUPANCY. THE CORPORATION HAS ENCOURAGED NEW OWNER ACQUISITION & OCCUPANCY OF REHABBED SHINGLE FAMILY HOMES BY OFFERING SMALL PURCHASE GRANTS/LOANS THAT REQUIRE A MINIMUM OF YEARS OF OWNER OCCUPANCY FOR DEBT FORGIVENESS. SDCHC ALSO MAKES INVESTMENTS IN OUR COMMUNITY THROUGH GRANTS & PARTNERSHIPS FOR ECONOMIC GROWTH AND COMMUNITY IMPROVEMENT.

Expenses
$0
Revenue
$0

THE CORPORATION IN COOPERATION WITH OTHER COMMUNITY ORGANIZATIONS AND ENTITIES HAS ACQUIRED DISTRESSED PROPERTIES TO BE REHABBED AND SOLD TO NEW OWNER OCCUPANTS OR OWNERSHIP ENTITIES, IN ORDER TO RENEW THESE PROPERTIES, ASSIST IN THE STABILIZATION OF THE SURROUNDING BLOCK(S) AND SERVE AS AN EXAMPLE OF HOW TO SUCCESSFULLY TURN DISTRESSED PROPERTIES AROUND.

Expenses
$54,166
Revenue
$5,929

Where we work

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Financials

Skinker Debalivere Housing Corporation
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Operations

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This organization has no recorded board members.