Overview
What is The Greater North End Community Development Inc?
The Greater North End Community Development Inc is a nonprofit organization situated in Westerly, Rhode Island's North End. Their primary objective is to enhance the quality of housing and overall living conditions in the area. They achieve this by acquiring, developing, managing, and eventually returning properties to private ownership. The organization is committed to fostering a tranquil, clean, safe, and healthy environment. In addition, they facilitate the process of securing, improving, and maintaining affordable housing and essential support services for local families and community members. Their mission is to create a positive impact on the community by addressing housing needs and fostering a sense of peace and well-being.
Official website here: www.northendwesterly.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Stars
The Greater North End Community Development Inc has received a 76% rating from Charity Navigator, which translates to a Three-Star designation. This rating is largely based on their performance in Accountability & Finance, where they demonstrated strong governance with an independent board composed entirely of independent members, receiving full points in that category. Additionally, they reported no material diversion of assets, indicating a solid financial management structure.
Despite these strengths, the organization has some notable limitations concerning governance policies. Specifically, they lack a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are essential for transparency and accountability. These omissions contributed to lower scores in those areas, reflecting potential vulnerabilities in their operational practices.
On a positive note, The Greater North End Community Development Inc allocates a significant portion of their expenses to programs, with a program expense ratio of 98.49%. This suggests a commitment to using the majority of their financial resources towards their mission, which can be an encouraging sign for donors and stakeholders looking for effective community impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Greater North End Community Development Inc legitimate?
The Greater North End Community Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Greater North End Community Development Inc submitted a form 990EZ, 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.
Official website here: www.northendwesterly.org
What is the mission statement of The Greater North End Community Development Inc?
The Greater North End Community Development Inc's mission is centered around enhancing the living conditions in a specific area. They achieve this by acquiring, developing, managing, and eventually returning properties to private ownership. The primary objective is to improve the quality of housing and overall life in the community. Additionally, the organization focuses on facilitating the process of securing, improving, and maintaining affordable housing and support services for local families and community members. Their ultimate goal is to establish a peaceful, clean, safe, and healthy environment.
Official website here: www.northendwesterly.org
Who is the CEO of The Greater North End Community Development Inc?
Penny Parsekian is the President of The Greater North End Community Development Inc.
Official website here: www.northendwesterly.org
What is the revenue of The Greater North End Community Development Inc?
The Greater North End Community Development Inc's revenue in 2022 was $15,198.
Official website here: www.northendwesterly.org
Who are the executives of The Greater North End Community Development Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.northendwesterly.org
Where can I find the form 990EZ for The Greater North End Community Development Inc?
The Greater North End Community Development Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.northendwesterly.org
Learn more at the official website: www.northendwesterly.org
Mission Statement of The Greater North End Community Development Inc
The Greater North End Community Development, a notable organization, is dedicated to enhancing the quality of housing and overall living conditions in the North End area. Their mission, in essence, is twofold. Firstly, they strive to acquire, develop, manage, and eventually return properties to private ownership, thereby revitalizing the community. Secondly, they are committed to fostering a peaceful, clean, safe, and healthy environment for the community's residents.
Beyond property management, The Greater North End Community Development also plays a crucial role in securing, improving, and maintaining affordable housing and support services for families and community members. By doing so, they contribute to the well-being of the community as a whole, enabling families and individuals to lead stable and fulfilling lives. Their mission is a testament to their commitment to uplifting their community and creating a better living space for its residents.
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Impact
August, 2024
The Greater North End Community Development Inc's impact is significant in improving the quality of housing and life in the North End of Westerly, RI. By acquiring, developing, and managing properties in the area, the organization plays a crucial role in returning these properties to private ownership. This initiative not only enhances the living conditions for residents but also contributes to creating a peaceful, clean, safe, and healthy environment in the community.
Furthermore, The Greater North End Community Development Inc facilitates the process of securing, improving, and maintaining affordable housing options for families and community members. This not only helps in addressing the housing needs of the residents but also provides vital support services to enhance their overall well-being.
Additionally, the organization's focus on improving housing conditions and providing support services plays a role in addressing social issues like crime in the community. By offering affordable housing options and support services, The Greater North End Community Development Inc aims to create a more stable and secure environment for residents, ultimately contributing to a safer and more vibrant community.
This information is meant to be a general summary of The Greater North End Community Development 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 2022.
- Gross Receipts: $15,198
Assets and Liabilities:
- Total Assets: $6,835
- Total Liabilities: $0
- Net Assets: $6,835
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Organization Details
Phone
(401) 596-1674Principal Officer
Penny Parsekian
Main Address
68 Pierce Street, Westerly, RI, 02891
Website
www.northendwesterly.orgNTEE Category
Code: I20Z - Crime
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