GIBRALTAR DEVELOPMENT CORPORATION

MILWAUKEE, WI | Milwaukee County
Community Services

Overview

GIBRALTAR DEVELOPMENT CORPORATION
71-0976250
1927 N 4TH ST
MILWAUKEE, WI 53212
Milwaukee County
(262) 786-4442

Mission Statement info

GIBRALTAR SERVES ONE CLIENT: THE CITY OF MILWAUKEE, WI. THE CITY PROVIDES FUNDING TO UPGRADE LOW INCOME HOUSING. THIS RESULTS IN MORE DESIRABLE PROPERTIES IN LOW INCOME AREAS, IMPROVES LAND VALUES AND REDUCES CRIME RATES. GIBRALTAR MANAGES THE REHABILITATION OF THESE PROPERTIES.

Founded info
2005
Total Employees info
0
Total Volunteers info
5
CRA Category info
  • Community Services
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
L81

L - Housing, Shelter

Home Improvement & Repairs

Organizations that provide assistance for homeowners who need to upgrade their homes to make them attractive, safe, accessible and energy efficient.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$232.8K
Revenue
$232.8K
Assets
$5.3K
Exempt Ruling Date info
2005-06
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
WI
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
1927 N 4TH ST
MILWAUKEE, WI 53212
Milwaukee County
FIPS Geocoded Address info
33340
MSA/CBSA info
55
State info
079
County info
1860.00
Tract info
Low
Income Level info
Core-Based Statistical Area info
Milwaukee-Waukesha, WI
Combined Statistical Area info
Milwaukee-Racine-Waukesha, WI
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 91.23%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
1860.00 Milwaukee County
Population
Total Population 1,551 951,226
Total Households 749 382,175
Income
Median Family Income (Census*) $30,521 $50,606
Median Family Income (2019 FFIEC) $82,300 N/A
Tract Income Percentage 42.52% N/A
Below Poverty Level 43.5% 19%
Unemployment Level 26.9% 5.3%
Housing
Total Housing Units 877 418,866
Total Owner-Occupied Units 11.2% 49.5%
Total Renter-Occupied Units 74.2% 50.5%
Total Vacant Units 14.6% 7.3%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

4
Total Voting Members
in Governing Body
info
4
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Christopher Martin
President
(262) 786-4442
Principal Officer info
Chris Martin
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.