EIN 74-2995407

Grassroots Community Development

IRS 501(c) type
501(c)(3)
Num. employees
10
City
State
Year formed
2001
Most recent tax filings
2022-12-01
Description
Grassroots Community Development inspires healthy neighborhoods through community and economic development, housing counseling, and homebuyer education. Located in Waco, TX.
Also known as...
Waco Community Development Corporation
Total revenues
$810,101
2022
Total expenses
$682,250
2022
Total assets
$1,178,684
2022
Num. employees
10
2022

Program areas at Grassroots Community Development

Provision of affordable housing and property management to low and moderate income people. The organization owns 6 rental properties occupied by low and moderate income residents. The organization also purchases, remodels, and resells homes to qualifying individuals.
Promotion of Community and economic Development. The hands and feet service program helps to coordinate local service projects by matching groups of volunteers with qualifying residents to perform repairs and maintenance on low-income homesteaded homes. Projects include painting, scraping, and minor siding repairs, providing leadership Development classes and help through our Community organization efforts.
Provision of housing counseling and homebuyer education classes to low and moderate income people. Counseling services include pre- and post-purchase counseling as well as foreclosure/loss mitigation and downpayment/closing cost assistance counseling. Other services include budgeting, financial literacy, homebuyer education and loan document packaging classes.

Who funds Grassroots Community Development

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Madison Alexander Cooper and Martha Roane Cooper Foundation (CF)Programming To Empower and Connect Local Neighborhood Groups$80,000
Waco FoundationUndesignated$35,344
The Billy and Patty Davis FoundationGeneral Fund$25,000
...and 9 more grants received

Personnel at Grassroots Community Development

NameTitleCompensation
Mike StoneExecutive Director$88,000
Josh CaballeroDirector of Community Organizing Since 2016$0
Elizabeth NemecOffice Manager
Brian ShaversProject Manager
Ml DickeyConstruction Manager Contractor
...and 5 more key personnel

Financials for Grassroots Community Development

RevenuesFYE 12/2022
Total grants, contributions, etc.$614,605
Program services$4,978
Investment income and dividends$137
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$57,000
Net gain from sale of non-inventory assets$0
Net income from fundraising events$21,256
Net income from gaming activities$0
Net income from sales of inventory$-39,697
Miscellaneous revenues$151,822
Total revenues$810,101

Form 990s for Grassroots Community Development

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-10990View PDF
2021-122022-11-03990View PDF
2020-122021-10-21990View PDF
2019-122021-02-18990View PDF
2018-122019-11-22990View PDF
...and 10 more Form 990s
Data update history
December 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 1, 2023
Updated personnel
Identified 2 new personnel
November 28, 2023
Received grants
Identified 1 new grant, including a grant for $1,000 from Christian Mission Concerns
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Received grants
Identified 6 new grant, including a grant for $80,000 from Madison Alexander Cooper and Martha Roane Cooper Foundation (CF)
Nonprofit Types
Business and community development organizationsFamily service centersCharities
Issues
Community improvement
Characteristics
Fundraising eventsState / local levelReceives government fundingManagement and technical assistanceCommunity engagement / volunteeringFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
1624 Colcord
Waco, TX 76707
Metro area
Waco, TX
County
McLennan County, TX
Website URL
grassrootswaco.org/ 
Phone
(254) 235-7358
IRS details
EIN
74-2995407
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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