Overview
What is Institute For Compatible Development Inc?
The Institute for Compatible Development Inc is a nonprofit organization based in Moss Point, Mississippi. Their primary focus is on promoting sustainable business growth and community development, with an emphasis on eco-friendliness. This includes sponsoring and housing a small business incubator in Jackson County, as well as various community enhancement and civic engagement programs. In addition to this, they facilitate the development of an ecotourism/economic development plan for Jackson County, Mississippi, in collaboration with all four cities. This plan aims to promote ecotourism and economic development through counseling prospective new businesses and providing incubator space to eco-friendly business development. Overall, the Institute for Compatible Development Inc strives to create a harmonious and sustainable environment for businesses and communities in Jackson County, Mississippi.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The Institute For Compatible Development Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. Scoring 90% overall, the organization demonstrates solid financial health and governance practices, which are critical indicators of transparency and responsibility in its operations.
One of the notable strengths of the organization includes its board composition, which consists entirely of independent members, ensuring unbiased decision-making. Additionally, it has shown no material diversion of assets and maintains a low liabilities-to-assets ratio, further highlighting its financial stability. The high program expense ratio indicates that a significant portion of its budget is allocated directly to its programs, reinforcing its commitment to effective mission delivery.
While the rating is predominantly based on its accountability and finance metrics, there are no significant weaknesses reported in the provided data. The presence of key policies such as conflict of interest and whistleblower protections demonstrates a commitment to ethical governance, making the Institute For Compatible Development Inc a reliable entity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Compatible Development Inc legitimate?
Institute For Compatible Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Compatible Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Institute For Compatible Development Inc?
The Institute for Compatible Development Inc is an organization dedicated to facilitating ecotourism and economic development. In a collaborative effort, it works with multiple cities to promote ecotourism and counsel prospective businesses. The organization also offers incubator space for eco-friendly business development. In addition to this, it sponsors and houses business incubators, as well as various community enhancement and civic engagement programs, with an emphasis on sustainability and compatibility with the environment. The Institute provides counseling services to numerous businesses, both new and established, in an effort to support their growth.
Who is the CEO of Institute For Compatible Development Inc?
L David Compton is the President of Institute For Compatible Development Inc.
What is the revenue of Institute For Compatible Development Inc?
Institute For Compatible Development Inc's revenue in 2022 was $48,614.
Who are the executives of Institute For Compatible Development Inc and what are their salaries?
There 13 volunteers at Institute For Compatible Development Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Institute For Compatible Development Inc?
Institute For Compatible Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Institute For Compatible Development Inc
The Institute for Compatible Development Inc, a nonprofit organization, is dedicated to facilitating the development of an eco-tourism and economic development plan for a county. In a joint undertaking with all four cities, this institution aims to promote eco-tourism, counsel prospective new businesses, and provide incubator space for eco-friendly business development.
The organization's mission extends beyond just planning and promotion. It sponsors and houses the Jackson County Small Business Incubator, as well as various community enhancement and civic engagement programs. These initiatives emphasize compatibility with the environment and sustainability, making them unique and forward-thinking.
Moreover, the Institute for Compatible Development Inc provides counseling services to numerous county businesses, both new and existing, with the goal of fostering growth and innovation that aligns with environmental concerns. By offering this service, the organization plays a significant role in shaping a sustainable and eco-friendly business landscape.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Institute For Compatible Development Inc plays a crucial role in promoting ecotourism and sustainable economic development in Jackson County, Mississippi. By serving as an ecotourism facilitator and providing incubator space for eco-friendly businesses, the organization is actively contributing to the promotion of environmentally compatible practices within the community. Additionally, their counseling services for both new and existing businesses help in fostering a culture of sustainability and environmental stewardship. Through their various initiatives and programs, Institute For Compatible Development Inc is making a tangible impact on the environment and the local economy of Moss Point, Mississippi.
This information is meant to be a general summary of Institute For Compatible Development 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: $198
- Gross Receipts: $75,536
Assets and Liabilities:
- Total Assets: $1,388,976
- Total Liabilities: $684
- Net Assets: $1,388,292
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2003
Principal Officer
L David Compton
Main Address
P O BOX 9131, MOSS POINT, MS, 39562
NTEE Category
Code: C055 - Environment
If you are a representative of Institute For Compatible Development Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.