Overview
What is Ujima Community Development Corporation?
Ujima Community Development Corporation is a nonprofit organization located in Winston Salem, North Carolina. Their primary mission is to construct and maintain an affordable senior living complex in East Winston Salem. This facility provides high-quality housing for the elderly community, ensuring they have a safe and comfortable place to call home. The organization's activities are centered around the construction and maintenance of this senior living facility, aiming to enhance the living standards of its residents.
Official website here: www.ujimacdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Ujima Community Development Corporation has received a Three-Star rating from Charity Navigator, indicating a solid performance in its accountability and finance practices. With a score of 81%, the organization demonstrates a commitment to transparency and effective management of resources. The rating is solely based on the Accountability & Finance beacon, highlighting the importance of financial integrity in nonprofit operations.
The organization excels in several areas, achieving full marks for its board independence, financial oversight, and adherence to governance policies, such as conflict of interest and whistleblower policies. Additionally, Ujima Community Development Corporation has a high program expense ratio of 98.92%, underlining its focus on direct program support rather than administrative costs. The presence of an independent board and thorough documentation practices further reinforces its strong governance structure.
However, Ujima's one area of concern lies in its liabilities to assets ratio, where it scored 0 out of 15 points. This suggests potential financial vulnerabilities that could merit closer scrutiny. Overall, while the nonprofit shows commendable financial accountability, continued attention to its liabilities may enhance its fiscal health in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is Ujima Community Development Corporation legitimate?
Ujima Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ujima 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ujimacdc.org
What is the mission statement of Ujima Community Development Corporation?
The Ujima Community Development Corporation is dedicated to constructing and maintaining a senior living facility. This organization aims to cater to the housing needs of elderly residents, offering them a high-quality and affordable living space. By establishing this facility, the corporation seeks to enhance the living conditions of seniors in an unspecified location. The primary focus of Ujima Community Development Corporation is to provide a comfortable and accommodating environment for its senior residents.
Official website here: www.ujimacdc.org
Who is the CEO of Ujima Community Development Corporation?
Cornelius Sadler is the President of Ujima Community Development Corporation.
Official website here: www.ujimacdc.org
What is the revenue of Ujima Community Development Corporation?
Ujima Community Development Corporation's revenue in 2022 was $512,399.
Official website here: www.ujimacdc.org
Who are the executives of Ujima Community Development Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ujimacdc.org
Where can I find the form 990 for Ujima Community Development Corporation?
Ujima Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ujimacdc.org
Learn more at the official website: www.ujimacdc.org
Mission Statement of Ujima Community Development Corporation
Ujima Community Development Corporation is committed to constructing and maintaining a senior living facility in an affable and cost-effective manner, catering to the elderly residents of Winston Salem, North Carolina. The organization's mission is to provide senior citizens with a high-quality housing complex that suits their needs, ensuring they live comfortably and securely. By overseeing the construction and upkeep of this senior living facility, Ujima Community Development Corporation aims to contribute positively to the community, enhancing the living standards of its elderly residents.
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Impact
July, 2024
Ujima Community Development Corporation has made a significant impact by constructing and maintaining a senior living facility for residents of East Winston Salem, NC. This initiative has provided a much-needed solution for senior residents in the area, offering quality and affordable housing options. By focusing on the housing needs of the community, Ujima Community Development Corporation is contributing to the well-being and stability of local seniors in Winston Salem, NC.
This information is meant to be a general summary of Ujima 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: $57
- Gross Receipts: $512,399
Assets and Liabilities:
- Total Assets: $6,678,514
- Total Liabilities: $6,536,431
- Net Assets: $142,083
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Organization Details
Founding Year
2005
Phone
(336) 893-6934Principal Officer
Cornelius Sadler
Main Address
1922 MARTIN LUTHER KING JR DRIVE, WINSTON SALEM, NC, 27107
Website
www.ujimacdc.orgNTEE Category
Code: L22 - Housing
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