Overview
What is Michigan Community Resources?
Michigan Community Resources is a nonprofit organization situated in Detroit, Michigan, at 440 Burroughs St 316. The organization's primary focus is to empower and strengthen Michigan-based nonprofits serving low-income individuals and communities. They achieve this by providing pro bono and low-cost legal and professional services, as well as organizational development support and trusted guidance. In 2022, they partnered with The New Economy Initiative, bringing together 40+ nonprofits, banks, and government partners to support Detroit small businesses. They also offered capacity building support to 150 grantees through various programs and completed 215 consultations for application support to NeighborHUB and Kresge Innovative Projects: Detroit.
Official website here: www.mi-community.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
Michigan Community Resources has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. This high score indicates that the organization is effectively managing its resources, with a focus on maintaining an independent board and rigorous oversight mechanisms. The organization scored perfectly in several key areas, including its conflict of interest policy and audit processes.
The nonprofit demonstrates a solid financial health, with a program expense ratio of 73.79%, meaning a significant portion of its expenditures directly supports its mission. Furthermore, the organization has successfully implemented policies that promote ethical practices, such as whistleblower protections and document retention guidelines. These factors contribute to its reputation as a trustworthy and responsible entity within the nonprofit sector.
While the rating highlights many strengths, it is crucial for Michigan Community Resources to maintain its high standards and continue growing its impact. The focus on accountability and transparency will be vital as they navigate future challenges and expand their programs. Overall, the organization appears well-positioned to effectively serve its community and uphold the trust of its donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Michigan Community Resources legitimate?
Michigan Community Resources is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Community Resources 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: $268,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $681,515
For more financial information, click here
Official website here: www.mi-community.org
What is the mission statement of Michigan Community Resources?
Michigan Community Resources, as an organization, focuses on supporting the missions of non-profit organizations serving low-income individuals and communities. They accomplish this by providing pro bono and low-cost legal and professional services, organizational development, and trusted guidance. In 2022, they initiated cohort-based capacity building and peer learning opportunities for non-profits in partnership with various funding partners. They also offered capacity building support to over 150 grantees through various programs, and conducted consultations to assist non-profits in applying for neighborhood hub and Kresge Innovative Projects: Detroit grants.
Official website here: www.mi-community.org
Who is the CEO of Michigan Community Resources?
Shamyle Dobbs is the Principal Officer of Michigan Community Resources. The CEO's salary of Michigan Community Resources is $158,531 and their total compensation is $159,030.
Official website here: www.mi-community.org
What is the revenue of Michigan Community Resources?
Michigan Community Resources's revenue in 2022 was $1,610,798.
Official website here: www.mi-community.org
Who are the executives of Michigan Community Resources and what are their salaries?
The average compensation at Michigan Community Resources during 2022 was $55,893. There are 17 employees and 72 volunteers at Michigan Community Resources.
Here are 16 key members and their salaries (Michigan Community Resources's CEO's salary is $158,531 and their total compensation is $159,030):
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- Compensation: $158,531
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- Compensation: $99,896
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- Other: $9,744
Official website here: www.mi-community.org
Where can I find the form 990 for Michigan Community Resources?
Michigan Community Resources's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mi-community.org
Learn more at the official website: www.mi-community.org
Mission Statement of Michigan Community Resources
Michigan Community Resources, in its mission, supports the objectives of Michigan-based nonprofit organizations that cater to low-income individuals and communities. It accomplishes this through pro bono and affordable legal and professional services, organizational development, and trusted guidance. The organization's primary goal is to strengthen these nonprofits, enabling them to effectively serve their communities.
To achieve this mission, Michigan Community Resources implements cohort-based capacity building initiatives. This approach provides nonprofits with peer learning opportunities and collaboration alongside funding partners. In 2022, the organization partnered with various entities, including the New Economy Initiative, to convene over 40 nonprofits, banks, and government partners, addressing systemic barriers affecting Detroit small businesses. Additionally, Michigan Community Resources offered capacity building support to 150 grantees through several programs, including the Kresge Innovative Projects: Detroit program, Co.Act Detroit's Activate Fund, the Pontiac Funders Collaborative, and Enterprise. The organization also provided 215 consultations to nonprofits to support their applications to NeighborHub and Kresge Innovative Projects: Detroit.
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Impact
October, 2024
Michigan Community Resources significantly strengthens organizations that serve low-income individuals and communities across Michigan. By offering pro bono and low-cost legal and professional services, along with organizational development support, they empower these organizations to better fulfill their missions.
Their impact is particularly evident through initiatives such as cohort-based capacity building and peer learning opportunities. In 2022, they convened over 40 organizations, banks, and government partners to address systemic barriers affecting small businesses in Detroit. This collaborative approach fosters a supportive ecosystem that helps local enterprises thrive.
Additionally, they provided capacity-building support to 150 grantees through various funding programs, enhancing their operational effectiveness and sustainability. The completion of 215 consultations further exemplifies their commitment to guiding organizations in navigating funding applications and improving their project proposals.
Overall, Michigan Community Resources plays a crucial role in advancing community development, enhancing the capability of local organizations, and ultimately improving the economic and social conditions of the individuals and communities they serve.
This information is meant to be a general summary of Michigan Community Resources. 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: $22,372
- Program Service Revenue: $189,662
- Gross Receipts: $1,616,654
Assets and Liabilities:
- Total Assets: $2,497,997
- Total Liabilities: $147,580
- Net Assets: $2,350,417
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES (CAPACITY
Revenue
$189,662
Organization Details
Founding Year
2007
Phone
(313) 962-3171Principal Officer
Shamyle Dobbs
Main Address
440 BURROUGHS ST 316, DETROIT, MI, 48202
Website
www.mi-community.orgNTEE Category
Code: I80 - Crime
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