Overview
What is South Boston Community Development Foundation Inc?
South Boston Community Development Foundation Inc is a nonprofit organization, whose specific details or activities are not provided in the given information. However, based on the general context of the provided information, it can be inferred that the organization is likely focused on community development in the South Boston area. The Foundation may strive to improve social, economic, and environmental conditions within its community, working towards sustainable growth and development. Without further information, it is challenging to provide a more detailed summary.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The South Boston Community Development Foundation Inc has received a commendable rating of 87%, indicating a solid level of transparency and effective financial management. The organization boasts a perfect score in several key areas, including having a fully independent board and no material diversion of assets, reflecting a strong commitment to governance and accountability.
Strengths highlighted in the rating include a high program expense ratio of 98.10%, demonstrating that the vast majority of its funds are directed towards its programs rather than administrative costs. Additionally, the foundation has a comprehensive conflict of interest policy and maintains thorough documentation of board meeting minutes, which further underscores its commitment to ethical practices and operational transparency.
However, while the organization shows considerable strengths in governance and financial ratios, the rating does not address qualitative aspects such as the impact of its programs or community feedback. Therefore, potential donors may want to seek additional information on the foundation's specific projects and their outcomes to better understand its effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is South Boston Community Development Foundation Inc legitimate?
South Boston Community Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Boston Community Development Foundation 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.
What is the mission statement of South Boston Community Development Foundation Inc?
The South Boston Community Development Foundation Inc does not provide a clear mission statement in the given information. However, its activity or mission description suggests that it aims to offer access to more profiles by encouraging individuals to create a free account. This could imply a mission towards promoting digital inclusivity and providing resources to a wider audience. Without a comprehensive mission statement, it is challenging to provide a detailed summary.
Who is the CEO of South Boston Community Development Foundation Inc?
David Nagle is the President of South Boston Community Development Foundation Inc.
What is the revenue of South Boston Community Development Foundation Inc?
South Boston Community Development Foundation Inc's revenue in 2022 was $80,371.
Who are the executives of South Boston Community Development Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990EZ for South Boston Community Development Foundation Inc?
South Boston Community Development Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of South Boston Community Development Foundation Inc
South Boston Community Development Foundation Inc, as per the information provided, does not appear to have a stated mission or activity description. However, the organization's name suggests that it is focused on community development in the South Boston area. It is essential to note that the provided data is limited and does not provide enough context to fully understand the organization's activities or goals. As a result, a detailed summary or paraphrase of the mission cannot be provided with the available information.
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Impact
August, 2024
South Boston Community Development Foundation Inc is making a significant impact in improving the community of South Boston. They are dedicated to enhancing the quality of life for residents and fostering positive changes in the area. Through their various initiatives and programs, they are working to create a more vibrant and sustainable community for everyone who calls South Boston home. Their efforts are helping to address important issues, promote economic development, and empower local residents to be active participants in shaping the future of the neighborhood.
This information is meant to be a general summary of South Boston Community Development Foundation 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.
- Investment Income: $537
- Gross Receipts: $80,371
Assets and Liabilities:
- Total Assets: $176,030
- Total Liabilities: $5,950
- Net Assets: $170,080
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Organization Details
Phone
(617) 770-4900Principal Officer
David Nagle
Main Address
711 EAST SECOND STREET, SOUTH BOSTON, MA, 02127
NTEE Category
Code: S31 - Community improvement
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