Eden Development Inc

Eden Development Inc is a nonprofit organization classified as a [501(c)] organization focused on housing development, construction, and management for low-income individuals.

Mission

Eden Development Inc's primary mission is to provide housing for low-income persons, acting as a general partner in limited partnerships related to housing projects[5]. This mission aligns with providing essential housing solutions to vulnerable populations.

Financial Overview

As of 2023, Eden Development Inc reported revenues of $2.09 million and expenses totaling $4.58 million. At the same time, the organization held total assets valued at $31.6 million, while total liabilities reached approximately $124 million[1]. The revenue sources include contributions and program services, reflecting its reliance on both external funding and operational activities.

Operations and Activities

While specific operational details for Eden Development Inc are limited, it operates within the broader context of providing affordable housing and supporting related community projects. Similar organizations often engage in property management, housing development, and community partnerships to serve their mission effectively[5].

Governance and Leadership

Information about key employees or leadership positions for Eden Development Inc, such as compensation details, is not readily available. However, it follows typical nonprofit governance structures, which often include boards of directors and executive roles[1][5].

Public Disclosure

As a tax-exempt organization, Eden Development Inc files annual Form 990 returns with the Internal Revenue Service, providing detailed financial and governance information[5]. These filings are publicly accessible and provide insight into the organization's activities and financial health.