SILVER2023

Apple Community Development Corporation

Building Communities One Brick at a time!

Arlington, TX   |  http://www.applecdc.org

Mission

Apple Community Development Corporation's mission is to make an economic impact in the communities where we serve by providing technical assistance to non-profit organizations, small businesses, and entrepreneurs, and access to capital to underserved communities and minorities.

Ruling year info

2017

President & Executive Director

Tim Jacquet

Main address

201 E Abram St Ste 120

Arlington, TX 76010 USA

Show more contact info

EIN

81-4494791

NTEE code info

Economic Development (S30)

Management & Technical Assistance (L02)

Senior Centers/Services (P81)

IRS filing requirement

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

Sign in or create an account to view Form(s) 990 for 2021, 2020 and 2019.
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Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

We are in growth mode in our organization. We are trying to stay in centrally located in downtown Arlington but with new condo building built in across the street for the second time, we realize rents will increase and we might have to move eventually. We will work with Arlington and Grand Prairie on either purchasing a space and build an office complex or look at a rental space.

Our programs

SOURCE: Self-reported by organization

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

Technical Assistance

Offering mentor and technical assistance to small businesses, starts, and nonprofit organizations.

Population(s) Served
Adults
Economically disadvantaged people

Providing equipment financing and leasing for startup and emerging companies.

Population(s) Served
Adults
Economically disadvantaged people

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of businesses developed

This metric is no longer tracked.
Totals By Year
Population(s) Served

Women and girls, Men and boys, LGBTQ people, Ethnic and racial groups, Work status and occupations

Related Program

Technical Assistance

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

We offer one on one session and group session via online conference assisting in planning, growth and compliance to name a few.

Total number of Mircofinance partners

This metric is no longer tracked.
Totals By Year
Population(s) Served

Ethnic and racial groups, Social and economic status, Work status and occupations

Related Program

Equipment Financing and Leasing

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

We have lender across the country from equipment financing, factoring, small business loans and credit card processing. The metric is finding lender we can grow with, most specialize with start-ups.

Number of job skills training courses/workshops conducted

This metric is no longer tracked.
Totals By Year
Population(s) Served

Women and girls, Men and boys, LGBTQ people

Related Program

Technical Assistance

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

We present an average of 11 workshops per month, the majority at our Arlington office, others are in different cities in Texas - Houston, San Antonio, El Paso, to name a few

Number of financial literacy courses conducted

This metric is no longer tracked.
Totals By Year
Population(s) Served

Women and girls, Men and boys, LGBTQ people

Related Program

Technical Assistance

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

We offer credit counseling and financial management classes.

Total dollar amount of loans issued

This metric is no longer tracked.
Totals By Year
Population(s) Served

Women and girls, Men and boys, LGBTQ people

Related Program

Equipment Financing and Leasing

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

Most of the clients came from workshops and referrals from different bank, lenders and vendors.

Number of loaned made to businesses

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Ethnic and racial groups, Economically disadvantaged people

Related Program

Equipment Financing and Leasing

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Apple CDC's goal for 2021 to get CDFI certified from the Department of Treasury, raise more funds for lending, and get certified for the home buyer program and offering class first time mortgage classes and offer meditation classes. We have in the process of hiring a professional grant writer to write proposals for larger projects to expand our core lending business, incubators, and educational programs -- and to look at our long-term goal in providing senior and affordable housing.

Our strategies are to continue to grow our staff with talented employees and volunteers; by continuing to raise our revenue, the income allowed us to expand our options as an organization in getting more talent. The talents will help us continue our organization path for growth.

Our core team has extensive experience/background or training in handling loan origination and workshops, additionally, we have partner, as the CIties of Arlington, Mansfield, Kennedale, and Grand Prairies, Small Business Administration and other organizations and volunteers are our backbones to assist as we grow.

Apple CDC has built a successful track of small business and nonprofit workshop on literacy over the past four years with our partners with the SBA and SCORE. The certification as a CDFI is our next goal, as well as, raising money from investors to lend to these businesses.

Financials

Apple Community Development Corporation
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Apple Community Development Corporation

Board of directors
as of 07/16/2023
SOURCE: Self-reported by organization
Board chair

Tim Jacquet

Apple Community Development

Term: 2016 - 2020

Dr. Linda Gray

Josephine Paul

Tim Jacquet

Tinita Jacquet

Mary Jacquet

Sherilen Abraham

Rev. B.L. Smith

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 4/13/2020
info Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Black/African American
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Equity strategies

Last updated: 04/13/2020

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.