Duquesne Business Advis0Ry Corporation

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

EIN: 251455799 ✦ Duquesne, PA ✦ Designated as a 501(c)(3)

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Overview

What is Duquesne Business Advis0Ry Corporation?

Duquesne Business Advisory Corporation is a community-focused nonprofit organization, situated in Duquesne, Pennsylvania. Their primary mission is to foster economic growth within the community by providing various forms of assistance. This encompasses offering low-interest loans, supporting community enhancements, and delivering technical assistance. By doing so, they aim to empower local businesses and contribute to the overall prosperity of the community.


Official website here: www.dbacwebsite.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Stars)

Duquesne Business Advisory Corporation has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and finance management. The organization scored 90% overall, reflecting a strong commitment to financial transparency and ethical governance. The rating's significance lies in the robust evaluation of the charity's practices, with 100% of the score derived from the Accountability & Finance beacon.

The organization demonstrates notable strengths, including a fully independent board of directors, which contributes to its high ratings in governance. With a material diversion of assets reported as none and a low liabilities to assets ratio of 0.02%, Duquesne Business Advisory Corporation shows a solid financial foundation. Furthermore, the majority of its policies—such as conflict of interest and document retention—are well-documented, indicating a structured approach to operational integrity.

However, there is a noted limitation regarding the absence of a whistleblower policy, which received a score of zero. While this does not significantly detract from the overall rating, it highlights an area for potential improvement in governance practices. Overall, the organization stands out for its responsible financial management and commitment to ethical standards.


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

Is Duquesne Business Advis0Ry Corporation legitimate?

Duquesne Business Advis0Ry Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Duquesne Business Advis0Ry 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.dbacwebsite.org

What is the mission statement of Duquesne Business Advis0Ry Corporation?

The Duquesne Business Advisory Corporation is dedicated to fostering community economic growth. They achieve this by offering various forms of assistance, such as providing low-interest loans, supporting community enhancements, and offering technical assistance. The primary goal is to promote economic development within the community by utilizing these resources. The organization's Business Development Loan Program is a key component, offering financial aid through low-interest loans to aid in this mission.


Official website here: www.dbacwebsite.org

Who is the CEO of Duquesne Business Advis0Ry Corporation?

Lynn M Zivkovich is the President of Duquesne Business Advis0Ry Corporation.


Official website here: www.dbacwebsite.org

What is the revenue of Duquesne Business Advis0Ry Corporation?

Duquesne Business Advis0Ry Corporation's revenue in 2022 was $13,374.


Official website here: www.dbacwebsite.org

Who are the executives of Duquesne Business Advis0Ry Corporation and what are their salaries?

There 10 volunteers at Duquesne Business Advis0Ry Corporation.


Here are 4 key members and their salaries:


Lynn M Zivkovich (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul G Schink (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elwood Martin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William B Schleifer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.dbacwebsite.org

Where can I find the form 990 for Duquesne Business Advis0Ry Corporation?

Duquesne Business Advis0Ry Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.dbacwebsite.org

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

Mission Statement of Duquesne Business Advis0Ry Corporation

Duquesne Business Advisory Corporation is committed to fostering economic growth within the community. They achieve this goal by providing various forms of assistance, including low-interest loans, community enhancements, and technical assistance. The organization's mission is to use these resources to encourage economic development, ultimately benefiting the community as a whole. Their Business Development Loan Program is a key initiative, offering financial aid through low-interest loans, as well as assistance with community projects and technical guidance. This holistic approach aims to support local businesses and contribute to the overall prosperity of the community.

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Impact




August, 2024

Duquesne Business Advisory Corporation has made a significant impact on the economic development of the community by providing low-interest loans, community enhancements, and technical assistance. Through its Business Development Loan Program, the organization has supported local businesses and entrepreneurs in achieving their goals and contributing to the growth of the community. Its efforts have helped stimulate economic activity, create job opportunities, and improve the overall well-being of the residents in Duquesne, PA. The organization's commitment to promoting economic furtherance through various forms of assistance demonstrates its dedication to fostering a thriving and sustainable community.




This information is meant to be a general summary of Duquesne Business Advis0Ry 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.

Revenue
$13,374 (2022)
Expenses
$69,724 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,142
  • Program Service Revenue: $9,232
  • Gross Receipts: $13,374

Assets and Liabilities:

  • Total Assets: $2,022,923
  • Total Liabilities: $408
  • Net Assets: $2,022,515

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Interest Income--Loans

Revenue

$9,232

Program Fees

Organization Details

Founding Year

1985

Principal Officer

Lynn M Zivkovich

Main Address

PO BOX 298, DUQUESNE, PA, 15110

NTEE Category

Code: S43 - Community improvement

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