Overview
What is Banana Kelly Community Improvement Associationinc?
Banana Kelly Community Improvement Associationinc is a nonprofit organization situated in the Bronx, New York, specifically at 863 Prospect Avenue 10459. Their primary focus is to support low-income families, serving over 1,000 households, by providing and assisting in the maintenance of affordable housing, health, and educational services. Their mission is twofold: they aim to enhance deteriorated neighborhoods in New York City and help low-income city residents improve their communities and personal lives. The organization boasts a workforce of 75 dedicated employees.
Official website here: wwww.bkcianyc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Banana Kelly Community Improvement Association has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The overall score is based entirely on its financial practices, which earned top marks across multiple criteria, highlighting the organization's transparency and responsible management of funds.
The association boasts a majority independent board, which fosters a level of governance that is crucial for maintaining integrity and accountability. Additionally, it has developed and adheres to essential policies, including conflict of interest, whistleblower protection, and proper document retention, all of which contribute to a robust organizational structure.
However, while the financial ratios are commendable, such as a 78.56% program expense ratio indicating effective use of funds towards its mission, the summary does not provide insights into the specific programs or services offered. This could be an area of interest for potential donors looking to understand the impact of their contributions better. Overall, Banana Kelly Community Improvement Association is positioned as a reliable nonprofit with a solid financial foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Banana Kelly Community Improvement Associationinc legitimate?
Banana Kelly Community Improvement Associationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Banana Kelly Community Improvement Associationinc 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: $336,452
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,266,247
For more financial information, click here
Official website here: wwww.bkcianyc.org
What is the mission statement of Banana Kelly Community Improvement Associationinc?
The Banana Kelly Community Improvement Associationinc's mission is centered around enhancing deteriorated neighborhoods in an unspecified city. Their primary objective is to assist low-income residents in improving their communities and personal lives. Through their initiatives, they aim to provide and assist in maintaining affordable housing, as well as offer a range of services such as health care and education. The association seeks to uplift these communities by offering various support services.
Official website here: wwww.bkcianyc.org
Who is the CEO of Banana Kelly Community Improvement Associationinc?
Hope Burgess is the President of Banana Kelly Community Improvement Associationinc.
Official website here: wwww.bkcianyc.org
What is the revenue of Banana Kelly Community Improvement Associationinc?
Banana Kelly Community Improvement Associationinc's revenue in 2022 was $3,133,122.
Official website here: wwww.bkcianyc.org
Who are the executives of Banana Kelly Community Improvement Associationinc and what are their salaries?
The average compensation at Banana Kelly Community Improvement Associationinc during 2022 was $21,369. There are 75 employees at Banana Kelly Community Improvement Associationinc.
Here are 14 key members and their salaries:
- Compensation: $138,905
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- Other: $0
- Compensation: $102,654
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- Other: $0
- Compensation: $94,141
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- Other: $0
- Compensation: $88,426
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- Other: $0
- Compensation: $14,981
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: wwww.bkcianyc.org
Where can I find the form 990 for Banana Kelly Community Improvement Associationinc?
Banana Kelly Community Improvement Associationinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: wwww.bkcianyc.org
Learn more at the official website: wwww.bkcianyc.org
Mission Statement of Banana Kelly Community Improvement Associationinc
Banana Kelly Community Improvement Associationinc is dedicated to enhancing deteriorated neighborhoods within the city of New York and aiding low-income residents in improving their communities and personal lives. The organization's mission is multifaceted, encompassing various aspects of community development and support.
At the heart of Banana Kelly's mission is the Low Income Housing Support Program, which serves over 1,000 families by providing and assisting in the maintenance of affordable housing. Beyond housing, this program offers a range of services, including health and education support, to ensure that the residents can thrive in their communities. By addressing these fundamental needs, Banana Kelly Community Improvement Associationinc plays an essential role in uplifting its community members and fostering a sense of improvement and growth.
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Impact
August, 2024
Banana Kelly Community Improvement Associationinc has a significant impact on the city of New York, specifically in the Bronx. Through their low-income housing support program, they have served over 1,000 families by providing and assisting in the maintenance of affordable housing as well as offering health, education, and other essential services. By upgrading deteriorated neighborhoods and empowering low-income residents to improve their communities and their own lives, Banana Kelly Community Improvement Associationinc plays a crucial role in fostering positive change and development in the city of New York.
This information is meant to be a general summary of Banana Kelly Community Improvement Associationinc. 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.
- Program Service Revenue: $1,167,373
- Gross Receipts: $3,133,122
Assets and Liabilities:
- Total Assets: $3,086,502
- Total Liabilities: $1,089,206
- Net Assets: $1,997,296
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$245,945
RENTAL INCOME CELLTOWER
Revenue
$109,136
MONITORING AND MGMT FEE
Revenue
$810,357
OTHER INCOME
Revenue
$1,935
Organization Details
Founding Year
1978
Principal Officer
Hope Burgess
Main Address
863 PROSPECT AVE, Bronx, NY, 10459
Website
wwww.bkcianyc.orgNTEE Category
Code: S200 - Community improvement
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