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Keystone Development Center Inc

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

EIN: 251832121 ✦ Dunmore, PA ✦ Designated as a 501(c)(3)

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Overview

What is Keystone Development Center Inc?

Keystone Development Center Inc, located in Dunmore, Pennsylvania, is a dedicated nonprofit organization. Their primary mission is to offer technical and research assistance to groups aiming to organize as cooperatives. By doing so, they cater to the economic and business development needs in both rural and urban areas, spanning across Pennsylvania, Maryland, New Jersey, and Delaware. In addition to this, the organization provides educational programming, contributing to the overall growth and success of cooperatively owned businesses.


Official website here: www.kdc.coop

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star rating. This rating indicates that Keystone Development Center Inc demonstrates a reasonable level of accountability and financial health. With an overall score of 81 for Accountability & Finance, the organization has shown strong governance with 100% of its board members being independent and no material diversion of assets reported.

The organization's strengths include a solid leadership and adaptability score of 100, showcasing effective strategic planning and capable leadership. Additionally, the program expense ratio of 62.51% reflects a commitment to utilizing funds towards its core mission, although there is room for improvement in this area as indicated by the lower score in program expenses.

However, one notable limitation is the absence of a whistleblower policy, as this received a score of zero. While other governance policies are well-documented, the lack of a whistleblower policy may raise concerns about reporting misconduct within the organization. Overall, Keystone Development Center Inc operates with a commendable financial standing and governance structure, but addressing the missing policy could enhance its accountability further.


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

What do the Facebook reviews say about Keystone Development Center Inc?

3 reviews on Facebook for Keystone Development Center Inc indicate an overall positive sentiment towards their services. One user highlighted a very pleasant experience related to the POS training provided for both themselves and their staff, expressing satisfaction with the organization’s support.

While the number of reviews is limited and lacks comprehensive ratings, the shared feedback reflects a strong endorsement for the training services offered. Enthusiastic recommendations suggest that Keystone Development Center Inc effectively meets the needs of its clients.

In summary, the reviews indicate that the nonprofit delivers valuable educational resources, contributing to a positive experience for participants. Their approach appears well-received, fostering a supportive learning environment.


This AI summary has been generated from reviews found on Facebook.

Is Keystone Development Center Inc legitimate?

Keystone Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keystone Development Center 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: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $226,258

For more financial information, click here


Official website here: www.kdc.coop

What is the mission statement of Keystone Development Center Inc?

Keystone Development Center Inc is a non-profit organization dedicated to providing technical and research assistance to groups aiming to organize as cooperatives. Their mission is to meet the economic and business development needs of rural and non-rural areas in the multi-state region of Pennsylvania, Maryland, New Jersey, and Delaware. They offer technical assistance and conduct research to support cooperatively owned businesses, as well as provide educational programming.


Official website here: www.kdc.coop

Who is the CEO of Keystone Development Center Inc?

Charlotte Davis is the Vice President of Keystone Development Center Inc.


Official website here: www.kdc.coop

What is the revenue of Keystone Development Center Inc?

Keystone Development Center Inc's revenue in 2022 was $470,670.


Official website here: www.kdc.coop

Who are the executives of Keystone Development Center Inc and what are their salaries?

There 8 volunteers at Keystone Development Center Inc.


Here are 9 key members and their salaries:


Rebecca Savoie (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Davis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dami Odetola (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashlee Dugan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Ledewitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lela Reichart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrica Thornton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonia Wasco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Walker (President / Act. Exec. Dir)
  • Compensation: $12,000
  • Related: $0
  • Other: $0


Official website here: www.kdc.coop

Where can I find the form 990 for Keystone Development Center Inc?

Keystone Development Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kdc.coop

Learn more at the official website: www.kdc.coop

Mission Statement of Keystone Development Center Inc

Keystone Development Center Inc is a non-profit corporation committed to providing technical and research assistance to groups aiming to organize as cooperatives. Their mission is to meet the economic and business development needs of both rural and non-rural areas across Pennsylvania, Maryland, New Jersey, and Delaware. By offering technical and research assistance, Keystone Development Center Inc helps cooperatively owned businesses thrive and grow, contributing to a stronger and more sustainable local economy. Additionally, they provide educational programming to support the ongoing success and development of cooperatives.

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Impact




July, 2024

Keystone Development Center Inc's impact can be seen in its dedication to providing technical and research assistance to groups looking to organize as cooperatives. By offering educational programming and support to cooperatively owned businesses, Keystone Development Center Inc contributes to economic and business development in both rural and non-rural areas across Pennsylvania, Maryland, New Jersey, and Delaware. Through its efforts, the organization plays a vital role in fostering community improvement and promoting the cooperative business model as a sustainable and empowering economic model for various communities.




This information is meant to be a general summary of Keystone Development Center 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.

Revenue
$470,670 (2022)
Expenses
$383,771 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $244
  • Program Service Revenue: $10,110
  • Gross Receipts: $470,670

Assets and Liabilities:

  • Total Assets: $354,473
  • Total Liabilities: $34,749
  • Net Assets: $319,724

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Programs

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

FEE FOR SERVICE

Revenue

$10,110

Organization Details

Founding Year

1999

Principal Officer

Charlotte Davis

Main Address

201 S BLAKELY STREET 200, DUNMORE, PA, 18512

NTEE Category

Code: S30 - Community improvement

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