Overview
What is Association For Better Community Development Inc?
The Association for Better Community Development Inc, often referred to as ABCD Inc, is a nonprofit organization headquartered at 1225 Gross Ave NE, Canton, Ohio 44705. Their primary mission is to enhance the livelihood of individuals, particularly in Stark County, through various initiatives. These include community economic development, energy conservation, housing development, job training, and transportation services. ABCD Inc is dedicated to improving the overall quality of life in the community, striving to make a difference in various aspects of people's lives. With a workforce of 34 employees, they are committed to their mission of contributing to Stark County's growth and betterment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
The Association For Better Community Development Inc (ABCD, Inc) has received an overall rating of 81% from Charity Navigator, indicating a solid level of accountability and financial health. This rating is primarily based on their accountability and finance scores, which reflect strong governance practices, including a completely independent board and robust financial oversight mechanisms. The charity notably has a high program expense ratio of 76.37%, demonstrating that a significant portion of its funds is directed towards its mission-focused programs.
User feedback also highlights the organization's long-standing history and commitment to improving the quality of life in Stark County through various initiatives such as community economic development and housing. A user review from a professional in the field praises ABCD, Inc for its strategic planning and effective implementation of the Community Development Corporation model. This indicates that the organization has a clear mission and has successfully adapted over the years to meet community needs.
However, the organization has a liabilities to assets ratio of 61.41%, which suggests that it carries a considerable amount of liabilities relative to its assets. While this is an area that could be monitored for financial stability, the overall strengths in governance and program execution position the Association For Better Community Development Inc as a credible and impactful nonprofit in its area of service.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Association For Better Community Development Inc legitimate?
Association For Better Community Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Association For Better Community Development 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: $616,367
For more financial information, click here
What is the mission statement of Association For Better Community Development Inc?
The Association for Better Community Development Inc is dedicated to enhancing the quality of life primarily for people residing in an unspecified area, assumed to be Stark County. Their mission encompasses several key areas, including community economic development, energy conservation, family development, housing development, job training, and transportation. As a non-profit community development corporation, their primary goal is to improve living standards by providing these services. Additionally, they offer transportation services to eligible individuals.
Who is the CEO of Association For Better Community Development Inc?
Tomier Davenport is the Treasurer of Association For Better Community Development Inc. The CEO's salary of Association For Better Community Development Inc is $0 and their total compensation is $0.
What is the revenue of Association For Better Community Development Inc?
Association For Better Community Development Inc's revenue in 2022 was $1,737,090.
Who are the executives of Association For Better Community Development Inc and what are their salaries?
The average compensation at Association For Better Community Development Inc during 2022 was $18,128. There are 34 employees and 15 volunteers at Association For Better Community Development Inc.
Here are 15 key members and their salaries (Association For Better Community Development Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Association For Better Community Development Inc?
Association For Better Community Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Association For Better Community Development Inc
The Association for Better Community Development Inc, as a dedicated nonprofit organization, is primarily focused on enhancing the quality of life for individuals in Stark County. Their mission encompasses various aspects of community development, including promoting economic growth, fostering energy conservation, and providing support in the realms of housing and transportation. As a community development corporation, ABCD is committed to improving living standards by offering a range of services such as job training and family development programs.
In essence, the Association for Better Community Development Inc actively works towards improving the overall well-being of its community members. By providing community economic development opportunities, ABCD aims to stimulate local growth and create a more prosperous environment. Through energy conservation initiatives, the organization encourages sustainable practices that conserve resources and reduce environmental impact. Furthermore, ABCD's housing development programs aim to provide safe and affordable living spaces, while job training efforts equip individuals with the necessary skills to secure employment opportunities. Lastly, by offering transportation services, the Association for Better Community Development Inc ensures that qualified individuals have the means to access essential resources and services within their community.
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Impact
October, 2024
Association For Better Community Development Inc focuses on enhancing the quality of life for individuals, particularly in Stark County, through various impactful initiatives. By engaging in community economic development, the organization fosters local growth and resilience. Energy conservation efforts contribute to sustainability, while the emphasis on housing development ensures that individuals have access to safe and affordable living conditions.
Additionally, the provision of transportation services aids qualified individuals in overcoming mobility challenges, thereby increasing their access to employment, education, and essential services. Through job training programs, the organization empowers community members with the skills necessary for economic self-sufficiency. The collective efforts of ABCD significantly contribute to the overall improvement of the community landscape in Canton, Ohio.
This information is meant to be a general summary of Association For Better Community Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $43,519
- Program Service Revenue: $126,476
- Gross Receipts: $1,737,090
Assets and Liabilities:
- Total Assets: $6,561,654
- Total Liabilities: $4,029,622
- Net Assets: $2,532,032
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Developers Fees
Revenue
$27,663
Transportation Contracts
Revenue
$18,473
Direct Home, Area Agency on Aging
Revenue
$22,273
Organization Details
Founding Year
1973
Phone
(330) 455-6385Principal Officer
Tomier Davenport
Main Address
1225 GROSS AVE NE, Canton, OH, 44705
NTEE Category
Code: S20 - Community improvement
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