Overview
What is Pittsburgh Community Reinvestment G?
Pittsburgh Community Reinvestment Group (PCRG) is a nonprofit organization situated in Pittsburgh, Pennsylvania. With a focus on economic justice and equitable investment practices, PCRG aims to revitalize communities within Allegheny County. Their primary mission involves revitalizing affordable housing for low and moderate income families. This is achieved through various means, including outreach, education, and counseling for homeownership preservation. Additionally, PCRG works towards eliminating blight and ensuring access to reliable transportation in low and moderate income areas. The organization, with a team of 20 employees, is committed to revitalizing communities and improving the living conditions of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%, Three-Star out of Four Star Rating
Pittsburgh Community Reinvestment Group has earned a solid rating of 89%, indicating a strong level of accountability and financial health. The organization particularly excels in its Accountability & Finance score of 90, demonstrating effective management practices and transparency in its financial dealings. Key strengths include a fully independent board and excellent oversight measures, which are reflected in its perfect scores for material diversion of assets and financial statement processes.
While the organization shows commendable financial practices, its Culture & Community score of 77 suggests there may be areas for improvement in community engagement or outreach efforts. Despite this, the high program expense ratio of 95.63% indicates that most funds are directed towards its mission-related activities, which is a positive aspect for potential donors and supporters.
Overall, Pittsburgh Community Reinvestment Group presents a reliable option for those looking to support initiatives focused on community reinvestment. The organization's strong accountability measures and commitment to financial integrity make it a trustworthy nonprofit, while the opportunity for enhancement in community involvement could further bolster its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Pittsburgh Community Reinvestment G legitimate?
Pittsburgh Community Reinvestment G is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pittsburgh Community Reinvestment G 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: $711,355
For more financial information, click here
What is the mission statement of Pittsburgh Community Reinvestment G?
The Pittsburgh Community Reinvestment Group, often referred to as PCRG, is a coalition of community leaders dedicated to advocating for economic justice and promoting equitable investment practices. Their mission is to secure sufficient financial resources to revitalize communities, specifically focusing on Allegheny County, Pennsylvania. PCRG's objectives include working towards economic justice, ensuring equitable investment practices, and revitalizing communities. In their efforts, they prioritize affordable housing for low and moderate-income families, homeownership preservation, and providing resources for reliable transportation and blight elimination in these areas.
Who is the CEO of Pittsburgh Community Reinvestment G?
Jerome Jackson is the Chair of Pittsburgh Community Reinvestment G.
What is the revenue of Pittsburgh Community Reinvestment G?
Pittsburgh Community Reinvestment G's revenue in 2022 was $1,389,400.
Who are the executives of Pittsburgh Community Reinvestment G and what are their salaries?
The average compensation at Pittsburgh Community Reinvestment G during 2022 was $35,568. There are 20 employees at Pittsburgh Community Reinvestment G.
Here are 14 key members and their salaries:
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Where can I find the form 990 for Pittsburgh Community Reinvestment G?
Pittsburgh Community Reinvestment G's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pittsburgh Community Reinvestment G
Pittsburgh Community Reinvestment G, a coalition of community leaders, is committed to pursuing economic justice and promoting equitable investment practices. Their mission is to secure adequate financial resources, enabling them to revitalize communities throughout Allegheny County, Pennsylvania. This nonprofit organization focuses on two primary areas: revitalizing affordable housing for low and moderate income families, and preserving homeownership through outreach, education, and counseling. Additionally, Pittsburgh Community Reinvestment G works towards eliminating blight in low and moderate income areas and ensuring access to reliable transportation. Their ultimate goal is to contribute to the revitalization of these communities, thereby improving the living conditions of its residents.
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Impact
October, 2024
Pittsburgh Community Reinvestment Group (PCRG) plays a crucial role in enhancing economic justice and equitable investment practices throughout Allegheny County, PA. By focusing on revitalizing affordable housing, PCRG directly supports low and moderate-income families, ensuring they have access to safe and secure living conditions. Their efforts in homeownership preservation—through outreach, education, and counseling—empower families to maintain and improve their homes.
Additionally, PCRG addresses broader systemic issues by advocating for reliable transportation access and working to eliminate blight in struggling neighborhoods. This multifaceted approach not only improves the quality of life for residents but also fosters a sense of community and stability. Through collaboration with local leaders, PCRG effectively channels financial resources to reinvigorate communities, creating a more inclusive and sustainable environment for all residents in Pittsburgh.
This information is meant to be a general summary of Pittsburgh Community Reinvestment G. 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: $13,407
- Gross Receipts: $1,503,634
Assets and Liabilities:
- Total Assets: $1,332,904
- Total Liabilities: $111,789
- Net Assets: $1,221,115
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Organization Details
Founding Year
1988
Principal Officer
Jerome Jackson
Main Address
1901 Centre Avenue STE 200, Pittsburgh, PA, 15219
NTEE Category
Code: S30 - Community improvement
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