Overview
What is Roxborough Development Corporation?
Roxborough Development Corporation is a nonprofit organization located in Philadelphia, Pennsylvania, specifically at 6120 Ridge Avenue, 19128. Their primary mission is to stimulate economic growth within the Roxborough community. To achieve this, they actively encourage business development and investment in the area, aiming to enhance the local economy. The corporation's activities are centered around providing Roxborough residents with top-notch shopping, dining, and entertainment experiences. With a workforce of 50 dedicated individuals, Roxborough Development Corporation works tirelessly to improve the overall quality of life in the community.
Official website here: www.roxboroughpa.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Four-Star out of Four Stars (100%)
Roxborough Development Corporation has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization excels in various categories, including maintaining a fully independent board and robust financial oversight, which signifies a high level of governance and transparency.
The charity's financial health is evidenced by an impressive program expense ratio of 100%, indicating that all its expenditures are directed towards its mission-related programs. Additionally, the organization boasts a minimal liabilities to assets ratio of 10.46%, suggesting a solid financial footing that allows for sustainability and growth.
Despite these strengths, there are no specific limitations noted in the data. The charity's adherence to best practices in governance, including having policies for conflict of interest and whistleblowing, further enhances its reputation for integrity and responsibility in its operations. Overall, Roxborough Development Corporation is well-positioned as a trustworthy nonprofit dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Roxborough Development Corporation?
98% of 22 reviewers on Facebook recommend Roxborough Development Corporation. Here is a summary of their reviews:
Community members express significant appreciation for Anthony, highlighting his dedication and positive impact on the area. His efforts to maintain cleanliness and support local initiatives stand out, with one reviewer particularly noting his exceptional helpfulness and courteous demeanor.
Overall, the sentiments reflect a strong endorsement of the nonprofit's contributions to the community, showcasing a genuine gratitude for the work being done, especially by Anthony. The organization seems to foster a sense of respect and admiration among those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Roxborough Development Corporation legitimate?
Roxborough Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roxborough Development 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: $163,242
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,000
For more financial information, click here
Official website here: www.roxboroughpa.com
What is the mission statement of Roxborough Development Corporation?
The Roxborough Development Corporation's mission is centered around fostering economic development in its community. Specifically, the organization aims to enhance the quality of shopping, dining, and entertainment experiences for its residents. In essence, their mission is to develop and improve the economic growth of the community, thereby providing improved amenities to its residents.
Official website here: www.roxboroughpa.com
Who is the CEO of Roxborough Development Corporation?
Michael Devigne is the Executive Director of Roxborough Development Corporation.
Official website here: www.roxboroughpa.com
What is the revenue of Roxborough Development Corporation?
Roxborough Development Corporation's revenue in 2022 was $833,065.
Official website here: www.roxboroughpa.com
Who are the executives of Roxborough Development Corporation and what are their salaries?
The average compensation at Roxborough Development Corporation during 2022 was $4,625. There are 50 employees and 37 volunteers at Roxborough Development Corporation.
Here are 10 key members and their salaries:
- Compensation: $68,000
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- Other: $0
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- Other: $0
Official website here: www.roxboroughpa.com
Where can I find the form 990 for Roxborough Development Corporation?
Roxborough Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.roxboroughpa.com
Learn more at the official website: www.roxboroughpa.com
Mission Statement of Roxborough Development Corporation
Roxborough Development Corporation, a notable entity, is committed to encouraging economic development within the Roxborough community. Their primary mission revolves around providing residents with top-notch shopping, dining, and entertainment experiences. By focusing on the development and improvement of the local economy, this organization aims to enhance the quality of life for the community members.
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Impact
October, 2024
Roxborough Development Corporation plays a vital role in fostering economic growth within the Roxborough community of Philadelphia. By focusing on enhancing the local economy, the organization works to create an environment that promotes high-quality shopping, dining, and entertainment experiences for residents. This commitment to community improvement not only boosts local businesses but also enriches the overall quality of life for residents, making Roxborough an attractive place to live and visit. Through its initiatives, the corporation helps cultivate a vibrant community where economic opportunities can flourish, ultimately benefiting all who call Roxborough home.
This information is meant to be a general summary of Roxborough Development 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: $28
- Program Service Revenue: $631,956
- Gross Receipts: $833,065
Assets and Liabilities:
- Total Assets: $1,631,437
- Total Liabilities: $166,271
- Net Assets: $1,465,166
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REAL ESTATE PROGRAMS
Revenue
$617,131
REAL ESTATE BEAUTIFICATION & COMMUNITY EVENTS
Revenue
$14,825
Organization Details
Founding Year
1992
Phone
(215) 508-2358Principal Officer
Michael Devigne
Main Address
6120 RIDGE AVENUE, PHILADELPHIA, PA, 19128
Website
www.roxboroughpa.comNTEE Category
Code: S30 - Community improvement
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