Overview
What is Hollis Local Development Corp?
Hollis Local Development Corp is a nonprofit organization situated in Saint Albans, New York, specifically at 200-05 Hollis Avenue. Their primary mission is to uplift the less fortunate and alleviate distress within their community. They achieve this by organizing various activities aimed at reducing neighborhood tensions, combating discrimination, and preventing community deterioration. The organization's goal is to foster a more inclusive and harmonious environment.
Official website here: www.hollislocaldevelopment.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (57%)
Hollis Local Development Corp has received a 1-Star out of Four Star rating from Charity Navigator, reflecting a score of 57%. This rating primarily stems from its Accountability & Finance metrics, which suggest that while the organization adheres to many transparency and governance practices, it falls short in financial performance and program expenses. The score indicates a need for improvement in how funds are allocated towards its programs.
The organization demonstrates strengths in governance, with an entirely independent board and robust policies regarding conflicts of interest and whistleblower protections. All board meeting minutes are documented, and the charity's website is compliant with tax form disclosures. However, despite these strong governance aspects, the low Program Expense Ratio of 13.71% raises concerns about the amount of funding directed towards its core mission.
Overall, while Hollis Local Development Corp maintains solid accountability practices, the concerning financial metrics, particularly the liabilities to assets ratio and program expense allocation, suggest that potential donors should exercise caution. Enhancing program spending could significantly improve the charity's overall impact and rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Hollis Local Development Corp legitimate?
Hollis Local Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hollis Local Development Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hollislocaldevelopment.org
What is the mission statement of Hollis Local Development Corp?
Hollis Local Development Corp, as an organization, aims to alleviate the struggles of the impoverished and distressed community members. They accomplish this goal by engaging in various community initiatives. These activities are designed to reduce neighborhood conflicts, eradicate prejudice and discrimination, and combat community decay. The corporation's mission is essentially geared towards fostering a harmonious and improved community environment.
Official website here: www.hollislocaldevelopment.org
Who is the CEO of Hollis Local Development Corp?
Angela Chappellcurtis is the Vice President of Hollis Local Development Corp.
Official website here: www.hollislocaldevelopment.org
What is the revenue of Hollis Local Development Corp?
Hollis Local Development Corp's revenue in 2022 was $137.
Official website here: www.hollislocaldevelopment.org
Who are the executives of Hollis Local Development Corp and what are their salaries?
There 10 volunteers at Hollis Local Development Corp.
Here are 5 key members and their salaries:
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Official website here: www.hollislocaldevelopment.org
Where can I find the form 990 for Hollis Local Development Corp?
Hollis Local Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hollislocaldevelopment.org
Learn more at the official website: www.hollislocaldevelopment.org
Mission Statement of Hollis Local Development Corp
Hollis Local Development Corporation, as a nonprofit organization, is committed to providing aid for the impoverished and distressed individuals in the community. Their mission is multifaceted, aiming to reduce neighborhood tensions, eradicate prejudice and discrimination, and combat community decay. By engaging in various community activities, Hollis Local Development Corporation works towards promoting unity and equality, striving to create a more harmonious and inclusive environment. Their goal is to combat the deterioration of communities, thereby improving the living conditions and opportunities for those in need.
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Impact
October, 2024
Hollis Local Development Corp significantly impacts the Saint Albans community by actively addressing poverty and distress through a variety of community-focused initiatives. Their efforts are aimed at reducing neighborhood tensions, fostering inclusivity, and combating prejudice and discrimination. Through these community activities, they work to improve overall quality of life and promote social cohesion, effectively tackling the factors that contribute to community deterioration. By prioritizing relief and support for the marginalized, they play a crucial role in creating a more equitable and harmonious environment for all residents.
This information is meant to be a general summary of Hollis Local Development Corp. 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.
- Investment Income: $137
- Gross Receipts: $137
Assets and Liabilities:
- Total Assets: $978,339
- Total Liabilities: $0
- Net Assets: $978,339
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Organization Details
Founding Year
1979
Phone
(646) 707-9187Principal Officer
Angela Chappellcurtis
Main Address
200-05 HOLLIS AVENUE, SAINT ALBANS, NY, 11412
NTEE Category
Code: S20 - Community improvement
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