Overview
What is Destiny Community Development Corporation?
The Destiny Community Development Corporation, located at 236 Brick Blvd, Brick, New Jersey 08723, is a nonprofit organization that carries out various programs and services to support the community's residents in need. Their primary mission is to enhance the quality of life for these individuals and their families. One of their significant initiatives includes operating a thrift store, which not only contributes to the organization's pantry but also offers the public an opportunity to purchase items affordably. With a total of 16 dedicated employees, the Destiny Community Development Corporation serves its community with care and commitment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (62%)
Destiny Community Development Corporation has received a two-star rating from Charity Navigator, indicating that improvements are needed in areas of accountability and finance. While the organization has a high program expense ratio of 87.37%, suggesting a significant portion of its budget is directed toward its mission, there are drawbacks such as missing critical policies and documentation which could affect operational transparency.
User feedback highlights the positive impact of Destiny's thrift store, which supports a food pantry feeding approximately 1,100 families per month. The community engagement through volunteering and donations has been commended, showcasing the organization's commitment to assisting those in need. However, the lack of independent board members and missing policies could hinder the organization's effectiveness and credibility.
Overall, Destiny Community Development Corporation demonstrates a strong dedication to its mission via its programs and community initiatives. However, the nonprofit must address its governance and transparency issues to enhance its overall rating and community trust.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Destiny Community Development Corporation legitimate?
Destiny Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Destiny Community Development Corporation 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: $109,460
Professional Fundraising Fees: $0
Other Salaries and Wages: $226,071
For more financial information, click here
What is the mission statement of Destiny Community Development Corporation?
The Destiny Community Development Corporation's mission is centered around providing programs and services that cater to the personal needs of community residents who require assistance. This assistance is aimed at enhancing the quality of life for these individuals and their families. One of their primary initiatives involves operating a thrift store, which not only supports their pantry but also provides an affordable shopping opportunity for the public. The corporation's activities are geared towards uplifting the community and improving the living conditions of its residents.
Who is the CEO of Destiny Community Development Corporation?
Joseph Sorce is the President of Destiny Community Development Corporation.
What is the revenue of Destiny Community Development Corporation?
Destiny Community Development Corporation's revenue in 2022 was $662,240.
Who are the executives of Destiny Community Development Corporation and what are their salaries?
The average compensation at Destiny Community Development Corporation during 2022 was $20,971. There are 16 employees and 25 volunteers at Destiny Community Development Corporation.
Here are 3 key members and their salaries:
- Compensation: $109,460
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Destiny Community Development Corporation?
Destiny Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Destiny Community Development Corporation
Destiny Community Development Corporation is dedicated to addressing the personal needs of community residents who require assistance in improving their quality of life and that of their families. To achieve this mission, the organization operates a thrift store that not only supports their pantry but also provides an affordable shopping opportunity for the public. By selling items at reasonable prices, Destiny Community Development Corporation is able to contribute to the well-being of its community while also offering a chance for the public to make purchases. In essence, the corporation's mission is to empower its community members by providing them with the necessary resources and opportunities to improve their lives.
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Impact
July, 2024
Destiny Community Development Corporation's impact is felt through its programs and services that address the personal needs of community residents who require assistance to improve the quality of life for themselves and their families. This organization operates a thrift store that not only helps support the pantry but also gives the public a chance to purchase items at an affordable cost. Through these efforts, Destiny Community Development Corporation is actively working towards community improvement in Brick, NJ.
This information is meant to be a general summary of Destiny Community Development Corporation. 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: $32
- Program Service Revenue: $603,805
- Gross Receipts: $662,240
Assets and Liabilities:
- Total Assets: $1,125,576
- Total Liabilities: $846,862
- Net Assets: $278,714
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THRIFT STORE
Revenue
$603,805
Organization Details
Founding Year
2007
Phone
(732) 451-0777Principal Officer
Joseph Sorce
Main Address
236 BRICK BLVD, BRICK, NJ, 08723
NTEE Category
Code: S20 - Community improvement
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