COMMUNITY DEVELOPMENT CORPORATION OF BROWNSVILLE INC

BROWNSVILLE, TX, 78520-5164 (956) 541-4955 Est. 1975 EIN 74-1835777

L210— Housing & Shelter Form 990 501(c)(3)

Mission

CDCB'S MISSION IS TO ASSIST LOW INCOME RESIDENTS TO IMPROVE THEIR FINANCIAL SECURITY THROUGH FINANCIAL EDUCATION, GED EDUCATION, JOB TRAINING, AND THE PRODUCTION, FINANCE, AND MANAGEMENT OF AFFORDABLE HOUSING.

Financials

Total Revenue

$18,797,437

Total Expenses

$16,266,194

Net Assets

$24,174,264

137 employees 2 volunteers

From latest filing (tax period ending 2024-09-30)

Financial Health

Operating Reserve

17.8 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 11.7%

Expenses ↓ 25.0%

Revenue Sources

Contributions 55.1% Earned revenue 36.9% Investment 7.9%

Expense Breakdown

Program 87.0% Management 13.0%

Officers & Key Employees (13)

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Grants Received (220)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990	$18,797,437 ↓	$16,266,194	$24,174,264
2022 Form 990	$21,289,156 ↓	$21,689,443	$21,643,021
2021 Form 990	$22,560,520 ↑	$22,197,054	$21,663,308
2020 Form 990	$14,190,282 ↑	$11,501,252	$21,299,842
2019 Form 990	$8,363,914 ↑	$8,215,400	$18,610,812
2017 Form 990	$7,012,141	$6,980,739	$19,262,785