Overview
What is Baltimore Avenue Redevelopment Corporation?
The Baltimore Avenue Redevelopment Corporation is a nonprofit organization dedicated to improving the community in Philadelphia, Pennsylvania. Their primary mission involves constructing a modern medical facility in a distressed area along Baltimore Avenue. This initiative aims to provide essential medical services to low-income and moderate-income residents in the area, thereby contributing to its overall revitalization. The corporation's community redevelopment activities focus on enhancing the quality of life for its local residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 73%)
The Baltimore Avenue Redevelopment Corporation has received a mixed evaluation, indicating it needs improvement despite a high score in accountability and finance. With a perfect score of 100% in this area, the organization demonstrates strong governance practices, including having a fully independent board and a solid liability to assets ratio of 13.07%. The program expense ratio is also commendable at 96.26%, suggesting that the majority of funds are directed towards its mission-related activities.
However, the overall rating of Two Stars reflects concerns that may not be directly observable in the financial metrics alone. While the operational transparency is commendable, the organization may face challenges in areas such as fundraising or community engagement that could be affecting its overall performance. The salary of key personnel, notably the President, is set at $72,931, which might raise questions about compensation relative to the organization's scale and impact.
In summary, while the Baltimore Avenue Redevelopment Corporation excels in financial accountability and governance metrics, the need for improvement suggests potential gaps in operational effectiveness or community impact that should be addressed to enhance its overall rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Baltimore Avenue Redevelopment Corporation legitimate?
Baltimore Avenue Redevelopment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baltimore Avenue Redevelopment 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: $72,931
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,960
For more financial information, click here
What is the mission statement of Baltimore Avenue Redevelopment Corporation?
The Baltimore Avenue Redevelopment Corporation's mission is centered around community revitalization. They strive to achieve this by constructing a modern medical facility in a disadvantaged area. This facility aims to provide essential medical services to the low and moderate-income residents, thereby enhancing their access to healthcare. By doing so, the corporation contributes to the overall improvement and well-being of the community.
Who is the CEO of Baltimore Avenue Redevelopment Corporation?
Benjamin Smallwood is the Acting Chairman of Baltimore Avenue Redevelopment Corporation.
What is the revenue of Baltimore Avenue Redevelopment Corporation?
Baltimore Avenue Redevelopment Corporation's revenue in 2022 was $162,500.
Who are the executives of Baltimore Avenue Redevelopment Corporation and what are their salaries?
The average compensation at Baltimore Avenue Redevelopment Corporation during 2022 was $48,946. There are 2 employees and 2 volunteers at Baltimore Avenue Redevelopment Corporation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $72,931
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Baltimore Avenue Redevelopment Corporation?
Baltimore Avenue Redevelopment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Baltimore Avenue Redevelopment Corporation
The Baltimore Avenue Redevelopment Corporation, a community-focused organization, is committed to revitalizing its area of operation by constructing a modern medical facility. This endeavor is specifically targeted towards a distressed part of Baltimore Avenue, with the aim of providing essential medical services to low- and moderate-income residents in Philadelphia, Pennsylvania. By establishing this state-of-the-art medical facility, the corporation aims to significantly improve the community's access to healthcare services, thereby enhancing the overall well-being of its residents.
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Impact
October, 2024
The Baltimore Avenue Redevelopment Corporation plays a pivotal role in community revitalization in Philadelphia, particularly in the distressed areas along Baltimore Avenue. By constructing a state-of-the-art medical facility, it enhances access to essential medical services for low and moderate-income residents. This initiative not only addresses immediate healthcare needs but also contributes to the overall improvement of the community, fostering a healthier environment for all residents. The investment in infrastructure reflects a commitment to uplifting underserved populations and stimulating further development in the area, ultimately enriching the quality of life in Philadelphia.
This information is meant to be a general summary of Baltimore Avenue Redevelopment 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.
- Program Service Revenue: $162,500
- Gross Receipts: $162,500
Assets and Liabilities:
- Total Assets: $1,606,208
- Total Liabilities: $210,025
- Net Assets: $1,396,183
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY REVITALITZATION
Revenue
$162,500
Organization Details
Founding Year
1991
Phone
(215) 498-5046Principal Officer
Benjamin Smallwood
Main Address
3900 FORD ROAD, PHILADELPHIA, PA, 19131
NTEE Category
Code: S31Z - Community improvement
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