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Acts Community Development Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010679652 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Acts Community Development Corporation?

Acts Community Development Corporation is a nonprofit organization situated in Brooklyn, New York, specifically at 2114 Mermaid Avenue. Their primary focus is on assisting the underprivileged and needy, offering emergency food, shelter, and social services to homeless pregnant women and those residing in Section 8 housing. They also operate a soup kitchen to provide additional support. Beyond food and shelter, they run Rachel's Joy Maternity Home, which provides shelter for young, homeless pregnant women. This home also offers educational programs such as GED, ESL, and computer and job preparation courses. Moreover, the Mother & Baby Wellness Center provides assistance for health and parenting issues, offering counseling and instruction to help address these concerns. Overall, Acts Community Development Corporation aims to improve the lives of vulnerable individuals and families in their community.


Official website here: www.actsnyc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

Acts Community Development Corporation has received a solid rating of 88%, reflecting its strong accountability and financial practices. The rating is derived entirely from the Accountability & Finance category, indicating the organization’s commitment to transparent and responsible financial management. Key strengths include a fully independent board, a high program expense ratio of 99.14%, and no indications of material diversions of assets.

However, the organization does have some areas for improvement, particularly regarding its governance policies. Notably, it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These missing elements could potentially impact the overall governance framework and transparency of the organization.

Overall, while Acts Community Development Corporation demonstrates strong financial health and accountability, addressing the governance deficiencies could enhance its operational integrity and trust within the community.


This AI summary has been generated from information found on Charity Navigator.

Is Acts Community Development Corporation legitimate?

Acts Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acts Community Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $29,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,000

For more financial information, click here


Official website here: www.actsnyc.org

What is the mission statement of Acts Community Development Corporation?

The Acts Community Development Corporation is committed to serving the needs of the underprivileged and less fortunate. Their mission involves providing emergency food, shelter, and social services to homeless pregnant women and individuals living in Section 8 housing. Additionally, they operate a soup kitchen to cater to these communities. Beyond food and shelter, the organization also offers GED, ESL, and job preparation programs to empower women and the community at large. Furthermore, they operate Rachel's Joy Maternity Home, which offers shelter to young homeless pregnant women, and the Mother & Baby Wellness Center, providing assistance for health and parenting issues with instruction, counseling, and resources.


Official website here: www.actsnyc.org

Who is the CEO of Acts Community Development Corporation?

Vincent Fusco is the Board Member/Ceo of Acts Community Development Corporation. The CEO's salary of Acts Community Development Corporation is $0 and their total compensation is $0.


Official website here: www.actsnyc.org

What is the revenue of Acts Community Development Corporation?

Acts Community Development Corporation's revenue in 2022 was $699,792.


Official website here: www.actsnyc.org

Who are the executives of Acts Community Development Corporation and what are their salaries?

The average compensation at Acts Community Development Corporation during 2022 was $46,200. There are 2 employees and 45 volunteers at Acts Community Development Corporation.


Here are 4 key members and their salaries (Acts Community Development Corporation's CEO's salary is $0 and their total compensation is $0):


Vincent Fuscoex-Offico (Board Member/Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Mirti-Fusco (Chairperson)
  • Compensation: $29,400
  • Related: $0
  • Other: $0
David Hernquist (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Carlos Lopez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.actsnyc.org

Where can I find the form 990 for Acts Community Development Corporation?

Acts Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.actsnyc.org

Learn more at the official website: www.actsnyc.org

Mission Statement of Acts Community Development Corporation

Acts Community Development Corporation is dedicated to serving the needs of the impoverished and disadvantaged, with a particular focus on homeless pregnant women and individuals who are part of the Section 8 housing program. This nonprofit organization's mission is twofold: firstly, it provides emergency food and shelter, along with essential social services, to these groups in need. Secondly, Acts Community Development Corporation operates a soup kitchen to cater to the nutritional requirements of its community members.

Among its initiatives, Acts Community Development Corporation operates Rachel's Joy Maternity Home, which offers shelter to young, homeless pregnant women. This residence provides more than just a place to stay; it also offers GED, ESL, computer, and job preparedness courses to help these women gain the skills necessary to improve their lives and support their families. The Mother & Baby Wellness Center is another key aspect of Acts Community Development Corporation's mission. This center offers assistance with health and parenting issues, providing instruction, personal and group counseling, and support to ensure that both the mothers and their babies are well-cared for. Lastly, Acts Community Development Corporation's GED and ESL programs serve the broader community, offering opportunities for education and improvement to all who need it.

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Impact




July, 2024

Acts Community Development Corporation has a significant impact on the community by providing emergency food, shelter, and social services to homeless pregnant women and those in Section 8 housing. Additionally, through initiatives like Rachel's Joy Maternity Home, they offer shelter and support for young homeless pregnant women, including educational opportunities for GED, ESL, computer skills, and job preparedness. Their Mother & Baby Wellness Center provides crucial assistance for health and parenting issues through instruction and counseling. Furthermore, their GED and ESL programs benefit the larger community by providing educational resources. By addressing the needs of the poor and needy in Brooklyn, NY, Acts Community Development Corporation contributes to improving the lives of vulnerable individuals and families.




This information is meant to be a general summary of Acts Community Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$699,792 (2022)
Expenses
$784,264 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $2,165
  • Gross Receipts: $699,792

Assets and Liabilities:

  • Total Assets: $84,771
  • Total Liabilities: $39,532
  • Net Assets: $45,239

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM FEES

Revenue

$2,165

Organization Details

Founding Year

2002

Principal Officer

Vincent Fusco

Main Address

2114 MERMAID AVENUE, BROOKLYN, NY, 11224

NTEE Category

Code: P40 - Human services

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