Overview
What is Pinnacle Community Development Corp?
Pinnacle Community Development Corp is a dedicated nonprofit organization focused on preventing substance abuse within communities. They have received funding through grants like the Comprehensive Addiction and Recovery Act (CARA) and the Drug Free Community Support Program (SAMHSA) to facilitate community transformation strategies. Moreover, they have collaborated with Duke University and Microsoft's NCCARE360 to bridge North Carolina communities with essential resources. Notably, SAMHSA's initiatives primarily concentrate on youth under 18 years old and their surrounding environments.
Official website here: www.durhamtry.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Pinnacle Community Development Corp has received a two-star rating from Charity Navigator, indicating a need for improvement. The organization scored 66% overall, reflecting both strengths and weaknesses in its accountability and financial practices. Notably, it has a fully independent board, which is a positive aspect, and maintains a strong program expense ratio, dedicating a significant portion of its resources to its programs.
However, the rating highlights significant concerns, particularly regarding financial transparency and reporting. The organization has not posted its financial statements on its website and has a concerning liabilities-to-assets ratio, which suggests potential financial instability. While it has policies in place for conflict of interest and whistleblower protections, the lack of financial disclosure raises questions about its overall fiscal health.
In summary, while Pinnacle Community Development Corp demonstrates commendable governance with an independent board and a focus on programmatic spending, it must address its financial reporting shortcomings to enhance its accountability and improve its rating moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Pinnacle Community Development Corp legitimate?
Pinnacle Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pinnacle Community Development Corp 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: $235,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $330,817
For more financial information, click here
Official website here: www.durhamtry.org
What is the mission statement of Pinnacle Community Development Corp?
Pinnacle Community Development Corp's mission is centered around preventing substance abuse in various communities. To accomplish this, the organization employs various initiatives, funded by grants such as the Comprehensive Addiction and Recovery Act (CARA) and the Drug Free Community Support Program (SAMHSA). These funds enable the implementation of strategies aimed at fostering community change. Pinnacle Community Development Corp also collaborates with notable entities like Duke University and Microsoft's NCCARE360, facilitating connections between North Carolina communities and essential resources. Notably, SAMHA's focus extends to youth under 18 years of age and their living environments, ensuring a holistic approach to substance abuse prevention.
Official website here: www.durhamtry.org
Who is the CEO of Pinnacle Community Development Corp?
Wanda Boone is the Executive Di of Pinnacle Community Development Corp.
Official website here: www.durhamtry.org
What is the revenue of Pinnacle Community Development Corp?
Pinnacle Community Development Corp's revenue in 2022 was $829,650.
Official website here: www.durhamtry.org
Who are the executives of Pinnacle Community Development Corp and what are their salaries?
The average compensation at Pinnacle Community Development Corp during 2022 was $40,439. There are 14 employees at Pinnacle Community Development Corp.
Here are 6 key members and their salaries:
- Compensation: $235,328
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.durhamtry.org
Where can I find the form 990 for Pinnacle Community Development Corp?
Pinnacle Community Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.durhamtry.org
Learn more at the official website: www.durhamtry.org
Mission Statement of Pinnacle Community Development Corp
Pinnacle Community Development Corporation, a nonprofit organization, is committed to preventing substance abuse within its community. To accomplish this mission, it employs various initiatives and receives support from grants such as the Comprehensive Addiction and Recovery Act (CARA) and the Drug Free Community Support Program (SAMHSA). These grants provide the necessary resources to implement strategies aimed at fostering community change.
In addition to these grants, Pinnacle Community Development Corporation has formed partnerships with prestigious institutions, such as Duke University and Microsoft's NCCARE360. These collaborations enable the organization to connect North Carolina communities with essential resources, specifically focusing on the well-being of youth under the age of 18 and their living environments. By forging these partnerships and leveraging grant funding, Pinnacle Community Development Corporation works tirelessly to combat substance abuse and promote a healthier community.
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Impact
October, 2024
Pinnacle Community Development Corporation significantly impacts the fight against substance abuse in Durham, NC, through targeted prevention initiatives. By utilizing resources from grants such as the Comprehensive Addiction and Recovery Act (CARA) and the Drug Free Community Support Program (SAMHSA), it implements effective strategies aimed at fostering community change.
A key aspect of their work centers on youth, specifically those under 18, and the environments in which they live, ensuring that efforts are not only reactive but also proactive in addressing the root causes of substance abuse. By collaborating with organizations like Duke University and Microsoft’s NCCARE360, Pinnacle connects North Carolina communities to essential resources, enhancing support networks and access to critical information.
Through these initiatives, Pinnacle contributes to creating healthier, more resilient communities by reducing the prevalence of substance abuse and promoting awareness and education.
This information is meant to be a general summary of Pinnacle Community Development Corp. 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: $139,475
- Gross Receipts: $829,650
Assets and Liabilities:
- Total Assets: $269,975
- Total Liabilities: $150,000
- Net Assets: $119,975
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$139,475
Organization Details
Phone
(919) 491-7811Principal Officer
Wanda Boone
Main Address
2628 MELROSE AVENUE, DURHAM, NC, 27704
Website
www.durhamtry.orgNTEE Category
Code: S21 - Community improvement
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