Overview
What is North Shore Community Development Coalition Inc?
North Shore Community Development Coalition Inc, based in Salem, Massachusetts, is a dedicated nonprofit organization that invests resources into low-income or distressed neighborhoods on the North Shore. Their primary mission is to enhance the quality of life for local residents by focusing on affordable housing, economic and youth development, community engagement, and urban art. They provide academic and workforce training to out-of-school youth aged 16 to 24 through their major program, YouthBuild-North Shore. This initiative operates in cities such as Salem, Beverly, Peabody, Gloucester, and Lynn, aiming to alleviate poverty and create thriving communities. With a team of 43 employees, North Shore Community Development Coalition Inc is committed to improving lives through various community-focused development projects.
Official website here: www.northshorecdc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 82%, Three-Star out of Four Star rating.
North Shore Community Development Coalition Inc has received a commendable Three-Star rating from Charity Navigator, reflecting its overall effectiveness and reliability. With a strong Accountability & Finance score of 81%, the organization demonstrates responsible financial practices and transparency. Its impressive Culture & Community score of 100 indicates a robust commitment to fostering community engagement and maintaining a positive organizational culture.
The nonprofit showcases significant strengths in governance, evidenced by its fully independent board and comprehensive policies regarding conflict of interest and whistleblower protections. The organization also excels in collecting and utilizing feedback, achieving perfect scores in these areas, which highlights its responsiveness to community needs and stakeholder input.
While the program expense ratio of 74.01% is a positive indicator of programmatic investment, ongoing monitoring of financial practices will be essential for maintaining a healthy balance between administrative costs and program delivery. Overall, North Shore Community Development Coalition Inc appears to be a well-managed organization with a strong commitment to its community and transparent operations.
This AI summary has been generated from information found on Charity Navigator.
Is North Shore Community Development Coalition Inc legitimate?
North Shore Community Development Coalition Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Shore Community Development Coalition Inc 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: $405,429
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,803,498
For more financial information, click here
Official website here: www.northshorecdc.org
What is the mission statement of North Shore Community Development Coalition Inc?
The North Shore Community Development Coalition Inc's mission is centered around investing resources into low-income or distressed neighborhoods to improve the quality of life for residents. They are committed to the community through various initiatives, including affordable housing, economic development, youth development, and community engagement. The organization aims to create thriving communities by providing quality affordable housing to families and individuals in need, alleviating poverty in the communities they serve. Lowering housing costs enables residents to use their income more flexibly, facilitating career opportunities, educational attainment, civic engagement, training, and more, all contributing factors to building assets and wealth. Additionally, the North Shore Community Development Coalition Inc supports affordable housing initiatives and community engagement programming across various North Shore locations, including Salem, Lynn, Beverly, Peabody, Manchester, Gloucester, and Merrimac, including youth development, affordable housing, community engagement, and public art and placemaking.
Official website here: www.northshorecdc.org
Who is the CEO of North Shore Community Development Coalition Inc?
Frank Nitkiewicz is the President of North Shore Community Development Coalition Inc. The CEO's salary of North Shore Community Development Coalition Inc is $227,385 and their total compensation is $239,195.
Official website here: www.northshorecdc.org
What is the revenue of North Shore Community Development Coalition Inc?
North Shore Community Development Coalition Inc's revenue in 2021 was $6,893,056.
Official website here: www.northshorecdc.org
Who are the executives of North Shore Community Development Coalition Inc and what are their salaries?
The average compensation at North Shore Community Development Coalition Inc during 2021 was $51,370. There are 43 employees and 100 volunteers at North Shore Community Development Coalition Inc.
Here are 19 key members and their salaries (North Shore Community Development Coalition Inc's CEO's salary is $227,385 and their total compensation is $239,195):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $227,385
- Related: $0
- Other: $11,810
- Compensation: $166,234
- Related: $0
- Other: $0
- Compensation: $119,907
- Related: $0
- Other: $15,285
- Compensation: $114,920
- Related: $0
- Other: $9,465
- Compensation: $107,423
- Related: $0
- Other: $8,051
- Compensation: $107,086
- Related: $0
- Other: $21,931
Official website here: www.northshorecdc.org
Where can I find the form 990 for North Shore Community Development Coalition Inc?
North Shore Community Development Coalition Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.northshorecdc.org
Learn more at the official website: www.northshorecdc.org
Mission Statement of North Shore Community Development Coalition Inc
North Shore Community Development Coalition Inc, often abbreviated as NSCDC, is dedicated to investing resources into low-income or distressed neighborhoods to enhance the quality of life for residents. Their mission is to contribute to thriving communities by focusing on affordable housing, economic development, youth development, and community engagement. The organization aims to provide quality, affordable housing to families and individuals in need, alleviating poverty in the communities they serve. This includes supporting formerly homeless youth, single parents with children, and other vulnerable populations.
Lowering housing costs for residents enables them to utilize their income for various opportunities, such as career advancement, education, civic engagement, training, and more. These factors contribute to building assets and wealth within the communities served by NSCDC. In addition to affordable housing initiatives, the coalition also engages in community engagement programming throughout the North Shore, including Salem, Lynn, Beverly, Peabody, Manchester, Gloucester, and Merrimac. This encompasses youth development, affordable housing, community engagement, and public art and placemaking. Overall, North Shore Community Development Coalition Inc is committed to improving the lives of community members by addressing their housing needs and fostering opportunities for growth and development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
North Shore Community Development Coalition Inc's impact is felt through its community-focused development model, which directs resources into low-income or distressed neighborhoods on the North Shore to improve the quality of life for residents. By providing affordable housing options, supporting economic and youth development, promoting community engagement, and enhancing urban art initiatives, NSCDC is committed to creating thriving communities. Through programs like YouthBuild-North Shore, the organization offers workforce and leadership development opportunities for out-of-school youth, empowering them with academic and workforce training. By alleviating poverty and lowering housing costs, NSCDC enables residents to pursue career opportunities, education, civic engagement, and other avenues for building assets and wealth. Overall, NSCDC's efforts contribute to the overall well-being and vitality of neighborhoods in cities such as Salem, Beverly, Peabody, Gloucester, and Lynn.
This information is meant to be a general summary of North Shore Community Development Coalition Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $191,859
- Program Service Revenue: $2,217,391
- Gross Receipts: $8,133,027
Assets and Liabilities:
- Total Assets: $17,290,346
- Total Liabilities: $9,589,134
- Net Assets: $7,701,212
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEES
Revenue
$1,253,083
RENTAL REVENUE
Revenue
$471,482
MANAGEMENT FEES
Revenue
$258,459
LOAN INTEREST
Revenue
$234,367
Organization Details
Founding Year
1979
Phone
(978) 745-8071Principal Officer
Frank Nitkiewicz
Main Address
96 LAFAYETTE STREET, SALEM, MA, 01970
Website
www.northshorecdc.orgNTEE Category
Code: L25I - Housing
If you are a representative of North Shore Community Development Coalition Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.