Twelfth Street Heritage Development Corp
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Raising each dollar of donations cost 226 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
To provide quality, stable, and affordable housing through real estate development and housing rehabilitation services, and to improve the quality of life for residents in our service area.
- Income
- $840,943
- Spending
- $896,708
- Spent on programs
- 54%
- Reserves
- 0.6 months of spending
- Largest source of income
- fees for its services, 98%
- Employees
- 18
- Volunteers
- 4
- Highest pay
- $116,601, president/ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 43 out of 100. Higher than 13% of charities in its peer group (community improvement, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.6 months of spending.
Debt
20 of 20It owes 13% of what it owns.
Living within its means
4 of 15Spending exceeded income by 7% of income.
Income trend
15 of 15Income rose 7% on the year before.
Spending floor
0 of 1554% of spending went to programs and raising each dollar of donations cost 226 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 61 out of 100. Higher than 28% of charities in its peer group (community improvement, $250k to $1m).
Independent board
18 of 254 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $377,641 spent. RE-ENTRY PREVENTION PROGRAM, A COMMUNITY-DRIVEN INITIATIVE DESIGNED TO PROVIDE MEANINGFUL OPPORTUNITIES AND SUPPORT FOR INDIVIDUALS FACING BARRIERS TO STABLE EMPLOYMENT AND REINTEGRATION INTO SOCIETY. THIS PROGRAM SPECIFICALLY SERVES THREE KEY GROUPS 1 INDIVIDUALS RECENTLY RELEASED FROM INCARCERATION, 2 THOSE AT RISK OF ENTERING THE JUSTICE SYSTEM WHO ARE SEEKING PREVENTIVE MEASURES TO CHANGE THEIR TRAJECTORY, 3 INDIVIDUALS WHO HAVE DIFFICULTY MAINTAINING EMPLOYMENT AND NEED STRUCTURED DISCIPLINE AND GUIDANCE TO SUCCEED IN THE WORKFORCE. PARTICIPANTS IN THE PROGRAM ARE EMPLOYED TO PERFORM LAWN CARE AND LANDSCAPING SERVICES IN THE COMMUNITY, ADDRESSING ABANDONED AND OVERGROWN LOTS THROUGH A PARTNERSHIP WITH THE CITY. THIS WORK BEAUTIFIES THE COMMUNITY, REVITALIZES NEGLECTED SPACES, AND INCLUDES ASSISTANCE FOR ELDERLY RESIDENTS WHO ARE UNABLE TO MAINTAIN THEIR PROPERTIES. THE PROGRAM NOT ONLY INSTILLS A STRONG WORK ETHIC AND RESPONSIBILITY BUT ALSO CONTRIBUTES TO THE OVERALL SAFETY AND AESTHETICS OF THE COMMUNITY.
- $57,938 spent. YOUTH ENRICHMENT PROGRAM, WHICH PROVIDES UNDERSERVED YOUTH WITH OPPORTUNITIES TO ENGAGE IN CULTURAL, EDUCATIONAL, AND RECREATIONAL ACTIVITIES THEY MIGHT NOT OTHERWISE EXPERIENCE. THIS PROGRAM IS DESIGNED TO BROADEN THEIR HORIZONS, EXPOSE THEM TO NEW POSSIBILITIES, AND ENCOURAGE FAMILY ENGAGEMENT. ACTIVITIES INCLUDE 1 ATTENDING PROFESSIONAL BASEBALL GAMES, 2 VISITING THE LOCAL ZOO AND OTHER EDUCATIONAL OUTINGS, 3 EXPERIENCING BROADWAY-STYLE LIVE PERFORMANCES AT STARLIGHT THEATRE. WE COVER THE COSTS OF ADMISSION, FOOD, AND TRANSPORTATION, ENSURING ACCESSIBILITY FOR ALL PARTICIPANTS. FAMILIES ARE OFTEN INVITED TO SHARE IN THESE OPPORTUNITIES, STRENGTHENING BONDS AND CREATING LASTING MEMORIES. THESE PROGRAMS REFLECT OUR COMMITMENT TO EMPOWERING INDIVIDUALS AND FAMILIES, FOSTERING A SENSE OF COMMUNITY PRIDE, AND ADDRESSING THE UNIQUE NEEDS OF THOSE WE SERVE.
- $44,353 spent. WE PARTICIPATED IN THE DEVELOPMENT OF A 197 UNIT APARTMENT COMPLEX IN THE KANSAS CITY METROPOLITAN AREA.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on October 15, 2013 for not filing returns for three years, and reinstated on October 15, 2013.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.