Overview
What is Millvale Borough Development Corporation?
The Millvale Borough Development Corporation (MBDC) is a nonprofit organization dedicated to revitalizing and stabilizing Millvale's neighborhoods. They achieve this goal by fostering the development of housing, businesses, and individual skills within the community. Recognizing the value of collaboration and diverse talents, the corporation serves as a platform to operate auxiliary programs that align with its purpose and objectives. By doing so, MBDC contributes to the overall improvement and growth of Millvale's community.
Official website here: www.millvalepa.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Stars
The Millvale Borough Development Corporation has received a rating of 83%, which translates to a Three-Star designation. This score is primarily based on its Accountability & Finance metrics, indicating a strong commitment to transparency and responsible financial management. The organization has achieved full marks in several key areas, including having an entirely independent board and no material diversion of assets.
Strengths of the organization include an impressive program expense ratio of 89.58%, showcasing a significant portion of its funds being directed towards programs rather than administrative costs. Additionally, the corporation's adherence to governance standards is evident through its conflict of interest policy and the availability of board meeting minutes, which have received full scoring from Charity Navigator.
However, there are some areas for improvement. The organization is noted to be missing a whistleblower policy and a document retention and destruction policy, which impacts its overall governance score. Addressing these gaps could further enhance its accountability and transparency, ultimately strengthening its standing among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Millvale Borough Development Corporation?
74% of 15 reviewers on Facebook recommend the Millvale Borough Development Corporation. Here is a summary of their reviews:
Many individuals express a strong appreciation for the community aspects of Millvale, highlighting its safety and walkability. The town's proximity to major areas such as Downtown and Oakland makes it an attractive choice for residents seeking convenience without the high costs associated with city living.
While suggestions for improvements were not mentioned extensively, the overall sentiment reflects a positive view of Millvale as a desirable place to live. Most reviews indicate that the incentives and amenities provided by the development corporation effectively contribute to a thriving community atmosphere.
This AI summary has been generated from reviews found on Facebook.
Is Millvale Borough Development Corporation legitimate?
Millvale Borough Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Millvale Borough 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:
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Official website here: www.millvalepa.com
What is the mission statement of Millvale Borough Development Corporation?
The Millvale Borough Development Corporation's mission is centered around stabilizing and revitalizing neighborhoods. They achieve this by focusing on the development of housing, businesses, and individual skills. The corporation recognizes the importance of community collaboration, leveraging diverse talents and skills to accomplish their objectives. Additionally, the corporation can facilitate auxiliary programs that support their purpose and goals.
Official website here: www.millvalepa.com
Who is the CEO of Millvale Borough Development Corporation?
Jaime D Renda is the Board Member of Millvale Borough Development Corporation.
Official website here: www.millvalepa.com
What is the revenue of Millvale Borough Development Corporation?
Millvale Borough Development Corporation's revenue in 2021 was $190,471.
Official website here: www.millvalepa.com
Who are the executives of Millvale Borough Development Corporation and what are their salaries?
There 15 volunteers at Millvale Borough Development Corporation.
Here are 15 key members and their salaries:
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Official website here: www.millvalepa.com
Where can I find the form 990 for Millvale Borough Development Corporation?
Millvale Borough Development Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.millvalepa.com
Learn more at the official website: www.millvalepa.com
Mission Statement of Millvale Borough Development Corporation
The Millvale Borough Development Corporation (MBDC) is committed to revitalizing and stabilizing the neighborhoods of Millvale. They achieve this by fostering the development of housing, businesses, and skills within the community. Recognizing the importance of collaboration, MBDC leverages the diverse talents and abilities of its residents as a significant part of their process. The corporation serves as a platform for auxiliary programs that align with its purpose and objectives, contributing to the overall improvement of Millvale's neighborhoods.
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Impact
October, 2024
Millvale Borough Development Corporation plays a vital role in stabilizing and revitalizing Millvale's neighborhoods. By focusing on the development of housing, supporting local businesses, and enhancing the skills of individuals, it fosters community improvement and economic growth. The organization brings together diverse talents and skills from within the community, recognizing that collaboration is key to achieving its mission.
Through various programs and initiatives, the Corporation serves as a conduit for resources and support, helping to address local challenges and enhance the quality of life for residents. Its efforts not only aim to improve the physical landscape of Millvale but also to empower individuals and families, creating a more resilient and prosperous community. By investing in housing and economic development, the organization contributes to a vibrant environment where residents can thrive, ultimately leading to a strengthened community fabric in Millvale.
This information is meant to be a general summary of Millvale Borough 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 2021.
- Gross Receipts: $298,824
Assets and Liabilities:
- Total Assets: $875,583
- Total Liabilities: $253,822
- Net Assets: $621,761
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Organization Details
Founding Year
1999
Phone
(412) 821-2777Principal Officer
Jaime D Renda
Main Address
216 NORTH AVENUE, PITTSBURGH, PA, 15209
Website
www.millvalepa.comNTEE Category
Code: S20 - Community improvement
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