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Parkside Business & Community In Partnership Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223242446 ✦ Camden, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Parkside Business & Community In Partnership Inc?

Parkside Business & Community In Partnership Inc is a nonprofit organization dedicated to enhancing the living conditions and prospects of Camden's less fortunate residents. They accomplish this by focusing on two primary objectives: fostering the development of affordable housing and contributing to community growth. Their efforts include rehabilitating existing homes for low-income families and stimulating the establishment of local businesses. Furthermore, they promote job creation within the community by providing employment opportunities for residents. In addition, Parkside Business & Community In Partnership displays leadership in combating drug abuse within the area.


Official website here: www.pbcip.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.

Parkside Business & Community In Partnership Inc has received a moderate rating of 73% from Charity Navigator, reflecting some strengths but also notable areas for improvement. The organization boasts a fully independent board and excellent financial oversight, indicated by high scores for independent board members and their audit committee. Additionally, a strong program expense ratio of 83.7% shows a commitment to utilizing funds effectively for their mission.

However, there are significant weaknesses that contribute to its Two-Star rating. The organization lacks a conflict of interest policy, whistleblower policy, and document retention and destruction policy, all of which are essential for transparency and accountability. Furthermore, the absence of the tax form on their website may limit public access to important financial information, impacting trust and confidence in the organization.

While Parkside Business & Community In Partnership Inc demonstrates a solid commitment to its programs and financial management, the missing policies and documentation highlight areas that need urgent attention to enhance overall transparency and governance. Addressing these issues could improve their rating and bolster public trust in their operations.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Parkside Business & Community In Partnership Inc?

92% of reviewers on Facebook recommend Parkside Business & Community In Partnership Inc. Here's a brief overview of their comments:

Many individuals express positive sentiments, highlighting the beauty and appreciation for what Parkside offers to the community. One user specifically noted that the organization consistently represents good initiatives. Overall, the reviews reflect a supportive sentiment towards the nonprofit's efforts and contributions to the community.

This strong recommendation rate suggests that Parkside is positively impacting its beneficiaries and is held in high regard by those familiar with its work.


This AI summary has been generated from reviews found on Facebook.

Is Parkside Business & Community In Partnership Inc legitimate?

Parkside Business & Community In Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkside Business & Community In Partnership 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: $282,116

For more financial information, click here


Official website here: www.pbcip.org

What is the mission statement of Parkside Business & Community In Partnership Inc?

Parkside Business & Community In Partnership Inc has a mission to foster affordable housing and community development. They strive to achieve this by rehabilitating existing homes for low-income families, promoting the growth of local businesses, and creating job opportunities for residents in Camden. Furthermore, the organization takes a proactive role in combating drug use within the community.


Official website here: www.pbcip.org

Who is the CEO of Parkside Business & Community In Partnership Inc?

Bridget Phifer is the Chairperson of Parkside Business & Community In Partnership Inc.


Official website here: www.pbcip.org

What is the revenue of Parkside Business & Community In Partnership Inc?

Parkside Business & Community In Partnership Inc's revenue in 2022 was $921,424.


Official website here: www.pbcip.org

Who are the executives of Parkside Business & Community In Partnership Inc and what are their salaries?

The average compensation at Parkside Business & Community In Partnership Inc during 2022 was $47,019. There are 6 employees and 225 volunteers at Parkside Business & Community In Partnership Inc.


Here are 13 key members and their salaries:


Oscar Spencer (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tasha Humphrey (Vice-Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Naomi Scott (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Chew (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Moran (Parliamentar)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colandus Francis (Trusteee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hammond (Associate Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Mathis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Spencer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yaniece Spencer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Venable (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nyeema Watson (Associate Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridget Phifer (Executive Di)
  • Compensation: $110,456
  • Related: $0
  • Other: $0


Official website here: www.pbcip.org

Where can I find the form 990 for Parkside Business & Community In Partnership Inc?

Parkside Business & Community In Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pbcip.org

Learn more at the official website: www.pbcip.org

Mission Statement of Parkside Business & Community In Partnership Inc

Parkside Business & Community In Partnership is an organization devoted to addressing the needs of its community, primarily focusing on the development of affordable housing and combating drug use. With a mission to rehabilitate existing homes for low-income families, this nonprofit aims to provide them with secure and affordable living spaces. In addition to this, Parkside Business & Community In Partnership is also committed to fostering local business growth. By developing these businesses, the organization creates job opportunities for Camden residents, thereby contributing to the economic well-being of the community. Furthermore, the nonprofit demonstrates leadership in the fight against drug use within the community, working towards a safer and healthier environment for its residents.

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Impact




October, 2024

Parkside Business & Community In Partnership Inc significantly impacts the Camden community by fostering affordable housing and promoting community development. Its initiatives focus on rehabilitating existing homes, making safe and stable housing accessible for low-income families. By engaging in local business development, the organization not only enhances the economic landscape of Camden but also creates job opportunities for residents, helping to stimulate local employment and economic growth.

Moreover, Parkside actively addresses social challenges, particularly through its leadership in efforts to combat drug use, thereby working towards a healthier community environment. By combining housing, economic development, and community support, Parkside Business & Community In Partnership Inc plays a crucial role in improving the quality of life for Camden residents and contributes to the overall revitalization of the area.




This information is meant to be a general summary of Parkside Business & Community In Partnership 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.

Revenue
$921,424 (2022)
Expenses
$1,111,022 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$32,715
  • Gross Receipts: $1,281,582

Assets and Liabilities:

  • Total Assets: $3,665,556
  • Total Liabilities: $2,379,105
  • Net Assets: $1,286,451

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Organization Details

Founding Year

1993

Principal Officer

Bridget Phifer

Main Address

1487 KENWOOD AVENUE, CAMDEN, NJ, 081032904

NTEE Category

Code: L99Z - Housing

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