Overview
What is The Democracy Collaborative Foundation Inc?
The Democracy Collaborative Foundation Inc, established in 2000, is a nonprofit organization based in Shaker Heights, Ohio. Their primary mission is to foster understanding of democracy in the 21st century and promote innovative strategies for community development. Specifically, they focus on the role of local economic stability in strengthening civic life, providing meaningful employment, enhancing family security, and promoting environmental sustainability. The foundation sponsors various educational projects, such as research, training, and community-focused work, to increase support for wealth-building innovations at the local level. In 2022, they collaborated with local stakeholders to produce action plans for Somerville, MA, Meadville, PA, Alameda County, CA, and Chicago, which aimed at improving community wealth building. Additionally, they engaged in global collaborations in Northern Ireland, Scotland, Australia, Canada, and Amsterdam to advance their mission.
Official website here: www.democracycollaborative.org
Is The Democracy Collaborative Foundation Inc legitimate?
The Democracy Collaborative Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Democracy Collaborative Foundation 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: $365,973
Professional Fundraising Fees: $0
Other Salaries and Wages: $768,545
For more financial information, click here
Official website here: www.democracycollaborative.org
What is the mission statement of The Democracy Collaborative Foundation Inc?
The Democracy Collaborative Foundation, established in 2000, aims to advance the understanding of democracy for the 21st century. It promotes innovative strategies and emerging concepts in community development that enhance democratic life. The organization's focus is on the crucial role local economic stability plays in strengthening civic life, providing meaningful employment, enhancing family security, and promoting environmental sustainability. The Democracy Collaborative sponsors a variety of education projects, including research, training, and community-focused work, with the goal of increasing support for wealth-building innovations at the local level.
Official website here: www.democracycollaborative.org
What is the revenue of The Democracy Collaborative Foundation Inc?
The Democracy Collaborative Foundation Inc's revenue in 2023 was $3,874,746.
Official website here: www.democracycollaborative.org
Who are the executives of The Democracy Collaborative Foundation Inc and what are their salaries?
The average compensation at The Democracy Collaborative Foundation Inc during 2023 was $113,452. There are 10 employees at The Democracy Collaborative Foundation Inc.
Here are 16 key members and their salaries:
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- Compensation: $108,892
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- Compensation: $135,447
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- Other: $16,043
Official website here: www.democracycollaborative.org
Where can I find the form 990 for The Democracy Collaborative Foundation Inc?
The Democracy Collaborative Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.democracycollaborative.org
Learn more at the official website: www.democracycollaborative.org
Mission Statement of The Democracy Collaborative Foundation Inc
The Democracy Collaborative Foundation Inc, established in 2000, was formed with the mission to advance understanding of democracy for the 21st century. The organization focuses on promoting emerging strategies and innovations in community development, aiming to enhance democratic life. Specifically, their work emphasizes the critical role local economic stability plays in strengthening civic life, providing meaningful employment, enhancing family security, and promoting environmental sustainability. To achieve this mission, The Democracy Collaborative sponsors a range of education projects, involving research, training, and community-focused work. These projects are designed to increase support for wealth-building innovations at the local level.
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Impact
October, 2024
The Democracy Collaborative Foundation Inc has made a significant impact since its establishment in 2000, focusing on advancing democratic understanding and promoting innovative community development strategies. Central to its mission is the belief that local economic stability is crucial for enhancing civic life, which contributes to meaningful employment, family security, and environmental sustainability.
In 2022, the Community Wealth Building (CWB) program developed actionable plans in partnership with local stakeholders in cities like Somerville, MA, Meadville, PA, and Alameda County, CA. These plans emerged from in-depth research, stakeholder interviews, and workshops designed to analyze local conditions and provide tailored recommendations. The initiative in Chicago resulted in a landmark public report, “A New Era for Community Wealth Building,” which not only highlighted local strategies but also engaged community members through a public webinar.
Beyond domestic efforts, the CWB team has also influenced global policies, chairing an expert advisory panel in Northern Ireland and advising the Scottish Government on the development of their own CWB program. This global outreach has fostered relationships in countries like Australia, Canada, and the Netherlands, setting the foundation for future partnerships aimed at advancing local economic strategies.
The Democracy Collaborative's work has not only enhanced community stability but has also galvanized educational initiatives that promote wealth-building innovations, directly contributing to a more democratic society and enriched civic life.
This information is meant to be a general summary of The Democracy Collaborative 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 2023.
- Investment Income: $22
- Program Service Revenue: $42,619
- Gross Receipts: $3,877,481
Assets and Liabilities:
- Total Assets: $1,833,529
- Total Liabilities: $1,957,895
- Net Assets: -$124,366
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING INCOME
Revenue
$42,619
Organization Details
Founding Year
2004
Principal Officer
Stephanie Mchenry
NTEE Category
Code: B032 - Education
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