Overview
What is Brentwood Economic Development Corp?
Brentwood Economic Development Corp is a community development corporation, specifically based in the South Pittsburg/South Hills region of Allegheny County, Pennsylvania. Its mission is to foster strong business and residential communities by establishing innovative partnerships. This corporation, which includes nearly 13,000 residents and over 4,000 businesses, has a primary focus on positively impacting shared commercial corridors, such as Route 51 (Saw Mill Run Blvd.) and Brownsville Road. By working together, these communities aim to redevelop and revitalize these important commercial and transportation arteries, thereby enhancing the overall well-being of their shared areas.
Official website here: www.economicdevelopmentsouth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Brentwood Economic Development Corp has earned a solid Three-Star rating, reflecting a strong emphasis on accountability and finance. The organization scored particularly well in areas such as independent board membership and the absence of material diversion of assets, indicating good governance practices. With a program expense ratio of 85.73%, the vast majority of its expenditures are directed towards its mission-related activities, demonstrating a commitment to its operational goals.
However, the organization does have some limitations noted in its scoring. Specifically, it lacks key policies, such as a conflict of interest policy and a whistleblower policy, which are essential for transparent governance. Additionally, a document retention and destruction policy is also missing, which could impact accountability in record-keeping practices. Despite these shortcomings, the charity's overall financial health, as evidenced by a liabilities to assets ratio of 0.00%, suggests a stable and responsible fiscal management.
In summary, while Brentwood Economic Development Corp exhibits strengths in financial accountability and operational efficiency, addressing the noted policy gaps would enhance its governance framework and overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Brentwood Economic Development Corp legitimate?
Brentwood Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brentwood Economic Development Corp 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:
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Other Salaries and Wages: $12,436
For more financial information, click here
Official website here: www.economicdevelopmentsouth.org
What is the mission statement of Brentwood Economic Development Corp?
The Brentwood Economic Development Corp, as part of Economic Development South (EDS), aims to enhance both business and residential communities by establishing innovative partnerships. This community development corporation spans a substantial portion of a region, housing nearly 13,000 residents and over 4,000 businesses. The coalition of communities has united with a shared purpose to positively impact their commercial corridors, specifically Route 51 (Saw Mill Run Blvd.) and Brownsville Road. This approach serves as the common thread binding their communities together, based on a mutual interest and advantage in the redevelopment and revitalization of these commercial and transportation corridors.
Official website here: www.economicdevelopmentsouth.org
Who is the CEO of Brentwood Economic Development Corp?
Joey-Linn Ulrich is the Chairman of Brentwood Economic Development Corp.
Official website here: www.economicdevelopmentsouth.org
What is the revenue of Brentwood Economic Development Corp?
Brentwood Economic Development Corp's revenue in 2021 was $35,917.
Official website here: www.economicdevelopmentsouth.org
Who are the executives of Brentwood Economic Development Corp and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.economicdevelopmentsouth.org
Where can I find the form 990 for Brentwood Economic Development Corp?
Brentwood Economic Development Corp's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.economicdevelopmentsouth.org
Learn more at the official website: www.economicdevelopmentsouth.org
Mission Statement of Brentwood Economic Development Corp
Brentwood Economic Development Corp, a community development corporation, is dedicated to enhancing both business and residential communities. Their strategy involves fostering innovative partnerships to achieve this goal. Economically, they focus on the South Pittsburgh/South Hills region of Allegheny County, which houses nearly 13,000 residents and over 4,000 businesses. This coalition of communities has united to positively impact their shared commercial corridors, primarily Route 51 (Saw Mill Run Blvd.) and Brownsville Road. This collective approach, based on a shared interest in the redevelopment and revitalization of these commercial and transportation corridors, serves as the unifying thread for these communities.
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Impact
October, 2024
Brentwood Economic Development Corp has played a crucial role in strengthening business and residential communities through innovative partnerships. It has focused on revitalizing commercial corridors and fostering economic development in the South Pittsburgh/South Hills region of Allegheny County, which is home to nearly 13,000 residents and over 4,000 businesses.
By concentrating on key transportation routes such as Route 51 (Saw Mill Run Blvd.) and Brownsville Road, the organization has successfully brought together a coalition of communities that are united by a shared interest in enhancing their local economies. This collaborative approach has allowed for coordinated efforts to improve business environments, attract investment, and promote community engagement.
The impact of Brentwood Economic Development Corp extends beyond mere economic metrics; it has facilitated community improvement initiatives that enhance the quality of life for residents. By addressing both economic and social challenges, the organization has contributed to a more vibrant, resilient, and connected community atmosphere within the region.
This information is meant to be a general summary of Brentwood Economic Development Corp. 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 2021.
- Investment Income: -$151,456
- Program Service Revenue: $6,784
- Gross Receipts: $187,446
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$6,784
Organization Details
Founding Year
1995
Phone
(412) 884-1400Principal Officer
Joey-Linn Ulrich
Main Address
4201 BROWNSVILLE ROAD, PITTSBURGH, PA, 15227
NTEE Category
Code: S20B - Community improvement
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