Overview
What is Ironbound Community Corporation?
Ironbound Community Corporation is a nonprofit organization situated in Newark, New Jersey, at 317 Elm Street. The organization's mission is to empower individuals, families, and groups in achieving their aspirations and contribute to creating a just, vibrant, and sustainable community. One of their significant initiatives is a NAEYC-accredited preschool program, catering to 150 preschoolers aged three and four. This early childhood program is in collaboration with Newark Public Schools and the Administration for Children and Families. The program offers developmentally appropriate education and care, with dedicated staff members such as a health and nutrition coordinator and a family and community engagement manager who provide comprehensive services to children and their families. Overall, Ironbound Community Corporation aims to support and uplift its community through various programs and initiatives.
Official website here: www.ironboundcc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92% (Four-Star out of Four Star rating)
Ironbound Community Corporation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The overall score is derived entirely from its exemplary performance in the Accountability & Finance category, indicating that the organization effectively manages its resources while maintaining transparency.
The organization stands out with an impressive 100% independent board membership, showcasing a governance structure that prioritizes diverse perspectives and oversight. Furthermore, it has received full marks on several critical metrics, including its audit and oversight committee and policies for conflict of interest and whistleblowing. This level of scrutiny underscores its dedication to ethical practices and sound financial management.
While the financial health of Ironbound Community Corporation is notable, with a low liabilities to assets ratio and a high program expense ratio, this suggests that a significant majority of its funding is directed towards its programs. Overall, the organization is recognized for its effective operations and responsible stewardship of resources, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Ironbound Community Corporation legitimate?
Ironbound Community Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ironbound Community 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: $265,260
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,688,477
For more financial information, click here
Official website here: www.ironboundcc.org
What is the mission statement of Ironbound Community Corporation?
The Ironbound Community Corporation's mission is to engage and empower individuals, families, and groups in realizing their aspirations. By working together, they strive to build a just, vibrant, and sustainable community. This non-profit organization provides developmentally appropriate education and care for preschoolers through a program that is accredited by the National Association for the Education of Young Children (NAEYC). They collaborate with Newark Public Schools (NPS) and the Administration for Children and Families (ACF) to ensure comprehensive services for children and their families, including health and nutrition coordination and community engagement.
Official website here: www.ironboundcc.org
Who is the CEO of Ironbound Community Corporation?
Hazel Applewhite is the Ceo/Executive Dir/President of Ironbound Community Corporation. The CEO's salary of Ironbound Community Corporation is $138,786 and their total compensation is $145,393.
Official website here: www.ironboundcc.org
What is the revenue of Ironbound Community Corporation?
Ironbound Community Corporation's revenue in 2022 was $10,441,476.
Official website here: www.ironboundcc.org
Who are the executives of Ironbound Community Corporation and what are their salaries?
The average compensation at Ironbound Community Corporation during 2022 was $28,146. There are 176 employees and 110 volunteers at Ironbound Community Corporation.
Here are 14 key members and their salaries (Ironbound Community Corporation's CEO's salary is $138,786 and their total compensation is $145,393):
- Compensation: $138,786
- Related: $0
- Other: $6,607
- Compensation: $127,221
- Related: $0
- Other: $4,449
- Compensation: $114,565
- Related: $0
- Other: $8,540
- Compensation: $107,519
- Related: $0
- Other: $1,061
- Compensation: $0
- Related: $0
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ironboundcc.org
Where can I find the form 990 for Ironbound Community Corporation?
Ironbound Community Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ironboundcc.org
Learn more at the official website: www.ironboundcc.org
Mission Statement of Ironbound Community Corporation
Ironbound Community Corporation, as a mission-driven organization, strives to engage and empower individuals, families, and groups in achieving their aspirations. The corporation's ultimate goal is to collaboratively create a just, vibrant, and sustainable community. By providing developmentally appropriate and enriching care and education for young children, the organization plays a significant role in this mission. The preschool program, accredited by NAEYC, serves 150 preschoolers, with 75 three-year-olds and 75 four-year-olds. This early childhood program is contracted with Newark Public Schools and the Administration for Children and Families. To ensure the overall well-being of the children and their families, the program employs a health and nutrition coordinator and a family and community engagement manager, who offer comprehensive services.
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Impact
October, 2024
Ironbound Community Corporation significantly impacts the Newark community by engaging and empowering individuals, families, and groups in their pursuit of aspirations. Its preschool program, accredited by the National Association for the Education of Young Children (NAEYC), serves 150 preschoolers, providing them with enriching education that is developmentally appropriate. By supporting 75 three-year-olds and 75 four-year-olds through a partnership with Newark Public Schools and the Administration for Children and Families, the program ensures that children receive quality education and care.
In addition to education, the organization employs a health and nutrition coordinator and a family and community engagement manager, offering comprehensive services that address the needs of both children and their families. This holistic approach creates a foundation for a just, vibrant, and sustainable community, ultimately fostering an environment where individuals and families can thrive and realize their goals.
This information is meant to be a general summary of Ironbound Community 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: $4,456
- Program Service Revenue: $308,633
- Gross Receipts: $10,441,476
Assets and Liabilities:
- Total Assets: $19,736,995
- Total Liabilities: $3,348,533
- Net Assets: $16,388,462
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARENT FEES, TUITION AND VOUCHERS
Revenue
$308,633
Organization Details
Founding Year
1970
Phone
(973) 589-3353Principal Officer
Hazel Applewhite
Main Address
317 Elm Street, Newark, NJ, 07105
Website
www.ironboundcc.orgNTEE Category
Code: S80 - Community improvement
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