Since community development corporations are community-based, their work will vary according to the organization’s mission, history, and the needs of the communities the organization serves. Despite their individual differences, CDCs share common values that shape the philosophy of the community development movement.

CDCs are committed to:
• Self-empowerment;
• Participatory community building and working with others to solve problems;
• Individual approaches rather than a one-size fits all program;
• Raising awareness about the challenges of low-income people; and
• Seeking comprehensive solutions that acknowledge the connections between
different issues.

CDCs are nonprofit organizations run by staff and volunteers. CDCs are governed by a volunteer board of directors who make decisions about the work of the CDC are are responsible for its business.
Funding for the work of CDCs comes from the donations of community members, fees for services provided, foundation grants, and government grants and contracts.