Overview
What is Cooper Square Community Development Committee Inc?
Cooper Square Community Development Committee Inc is a nonprofit organization situated in New York, specifically at 61 East Fourth Street, New York, NY 10003. Their primary mission is centered around neighborhood preservation and revitalization. They provide essential administrative and planning services to the Cooper Square community, focusing on various activities such as neighborhood preservation, housing and tenant counseling, and offering relevant information and referral services. With a dedicated workforce of 19 individuals, the committee aims to contribute positively to the community's growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Stars
Cooper Square Community Development Committee Inc has achieved a high level of financial accountability and transparency, reflected in its Four-Star rating from Charity Navigator. The organization demonstrates a strong commitment to its mission, with an impressive program expense ratio of 86.84%, indicating that a substantial portion of its funds is allocated directly to programs rather than administrative costs.
The nonprofit has an independent board comprised entirely of independent members, ensuring unbiased governance and oversight. Additionally, the organization has robust policies in place, including conflict of interest and whistleblower policies, which contribute to its high marks in accountability. The financial health of the organization is also notable, with a low liabilities-to-assets ratio and strong working capital, suggesting it is well-positioned to sustain its operations.
While the ratings highlight many strengths, it is essential for donors and stakeholders to continue monitoring the organization to ensure ongoing effectiveness and impact in its community development efforts. Overall, Cooper Square Community Development Committee Inc is positioned as a reliable and efficient nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Cooper Square Community Development Committee Inc legitimate?
Cooper Square Community Development Committee Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cooper Square Community Development Committee 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: $81,538
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Cooper Square Community Development Committee Inc?
The Cooper Square Community Development Committee Inc. is committed to the administration and revitalization of its community. Their primary focus is on neighborhood preservation and the improvement of living conditions for its residents. They offer housing and tenant counseling services, as well as provide valuable information and referrals to assist individuals in need. The organization's mission is to offer administrative and planning services, aiming to enhance the overall well-being and vitality of the Cooper Square community.
Who is the CEO of Cooper Square Community Development Committee Inc?
Steven Herrick is the Chairperson of Cooper Square Community Development Committee Inc.
What is the revenue of Cooper Square Community Development Committee Inc?
Cooper Square Community Development Committee Inc's revenue in 2022 was $2,411,646.
Who are the executives of Cooper Square Community Development Committee Inc and what are their salaries?
The average compensation at Cooper Square Community Development Committee Inc during 2022 was $4,291. There are 19 employees at Cooper Square Community Development Committee Inc.
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- Compensation: $78,441
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Where can I find the form 990 for Cooper Square Community Development Committee Inc?
Cooper Square Community Development Committee Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cooper Square Community Development Committee Inc
Cooper Square Community Development Committee Inc is dedicated to fostering the revitalization and preservation of its community. The organization serves an administrative and planning role in this endeavor, focusing on neighborhood preservation activities. Additionally, Cooper Square Community Development Committee Inc offers housing and tenant counseling services, as well as providing valuable information and referral services to its community members. By taking on these responsibilities, the committee aims to contribute to the overall improvement and maintenance of the Cooper Square neighborhood.
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Impact
August, 2024
Cooper Square Community Development Committee Inc has a significant impact on the community of Cooper Square in New York City through its dedication to neighborhood preservation and revitalization. Their work encompasses a range of activities such as housing and tenant counseling, information and referral services, and overall community improvement initiatives. By providing essential administrative and planning services, the organization plays a crucial role in ensuring the continued development and well-being of the Cooper Square neighborhood.
This information is meant to be a general summary of Cooper Square Community Development Committee 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: $7,757
- Program Service Revenue: $69,450
- Gross Receipts: $2,421,731
Assets and Liabilities:
- Total Assets: $1,877,683
- Total Liabilities: $130,016
- Net Assets: $1,747,667
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Service Contracts
Revenue
$69,450
Organization Details
Founding Year
1968
Phone
(212) 228-8210Principal Officer
Steven Herrick
Main Address
61 East Fourth Street, New York, NY, 10003
NTEE Category
Code: S20Z - Community improvement
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