Overview
What is Living Cities Inc The National Community Development Initiative?
Living Cities Inc, situated in Washington D.C., is a community development initiative that leverages the collective power of philanthropy and financial institutions to better the lives of low-income individuals and the cities they inhabit. Their primary focus is on closing racial income and wealth gaps, acknowledging the role of government in creating and maintaining such disparities. The organization brings together local government leaders from up to 30 cities across the country, aiming to envision an anti-racist society and play a significant role in its construction by transforming government policies, practices, and operations. Their Closing the Gaps Network, a programmatic area, consists of three sub-initiatives: Practice Areas, Strategy Area, and Field Building and Sectoral Change. This initiative acknowledges the need for government intervention in addressing racial income and wealth gaps. With a workforce of 46 individuals, Living Cities Inc is committed to fostering an equitable and inclusive society.
Official website here: www.livingcities.org
What are the reviews and ratings of this charity?
Living Cities Inc The National Community Development Initiative has received a commendable rating of 93% from Charity Navigator, which translates to a Four-Star out of Four Star rating. This high score highlights the organization's strong performance in accountability and finance, indicating a well-managed operation. The evaluation is based on various financial metrics that demonstrate transparency, strong stewardship of resources, and adherence to good governance practices.
The organization boasts an independent board composed entirely of members who do not have conflicts of interest, showcasing commitment to ethical management. It also has solid financial practices, as evidenced by its high program expense ratio and effectiveness in fundraising. However, it is noteworthy that the organization was not scored on impact and measurement, culture and community, or leadership and adaptability, suggesting some areas that could benefit from improved evaluation.
User feedback from GreatNonprofits could not be fetched, leaving a gap in community sentiment about the organization's impact and effectiveness. Overall, while Living Cities Inc demonstrates strong financial health and governance, additional insights from users would provide a more rounded perspective on its community engagement and program outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Living Cities Inc The National Community Development Initiative legitimate?
Living Cities Inc The National Community Development Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living Cities Inc The National Community Development Initiative 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: $1,110,313
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,602,379
For more financial information, click here
Official website here: www.livingcities.org
What is the mission statement of Living Cities Inc The National Community Development Initiative?
Living Cities Inc, as a national community development initiative, leverages the collective power of philanthropy and financial institutions to enhance the lives of low-income individuals and the cities they reside in. One of its initiatives, the Closing the Gaps Network, acknowledges the role of government in creating and maintaining racial income and wealth disparities. This network aims to bring together local government leaders from various cities across the country, encouraging them to envision an antiracist society and play a significant role in its construction by transforming government policies, practices, and operations to address these disparities more effectively.
Official website here: www.livingcities.org
Who is the CEO of Living Cities Inc The National Community Development Initiative?
Joseph Scantlebury is the Board Member, Chair of Living Cities Inc The National Community Development Initiative. The CEO's salary of Living Cities Inc The National Community Development Initiative is $150,573 and their total compensation is $153,828.
Official website here: www.livingcities.org
What is the revenue of Living Cities Inc The National Community Development Initiative?
Living Cities Inc The National Community Development Initiative's revenue in 2022 was $9,952,188.
Official website here: www.livingcities.org
Who are the executives of Living Cities Inc The National Community Development Initiative and what are their salaries?
The average compensation at Living Cities Inc The National Community Development Initiative during 2022 was $102,450. There are 46 employees at Living Cities Inc The National Community Development Initiative.
Here are 27 key members and their salaries (Living Cities Inc The National Community Development Initiative's CEO's salary is $150,573 and their total compensation is $153,828):
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- Other: $29,891
Official website here: www.livingcities.org
Where can I find the form 990 for Living Cities Inc The National Community Development Initiative?
Living Cities Inc The National Community Development Initiative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.livingcities.org
Learn more at the official website: www.livingcities.org
Mission Statement of Living Cities Inc The National Community Development Initiative
Living Cities Inc, The National Community Development Initiative, leverages the collective power of philanthropy and financial institutions to enhance the living standards of low-income individuals and the cities they reside in. The organization's mission is to bridge the income and wealth gaps that have been historically perpetuated by policies, laws, and practices that confer advantages and disadvantages along racial lines. Living Cities Inc acknowledges the significant role government has played in creating and perpetuating these inequalities and asserts that it can also play a pivotal role in addressing them.
To this end, Living Cities Inc has initiated the Closing the Gaps Network, a programmatic area consisting of three sub-initiatives: Practice Areas, Strategy Area, and Field Building and Sectoral Change. The Closing the Gaps Network brings together local government leaders from up to 30 cities across the country, who are committed to envisioning an antiracist society and playing a significant role in its construction by transforming government policies, practices, and operations. These leaders work collaboratively to reimagine government policies that contribute to racial equity and promote a more equitable society for all.
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Impact
October, 2024
Living Cities Inc. through the National Community Development Initiative has made significant strides in enhancing the quality of life for low-income individuals and transforming urban environments. By leveraging the combined strengths of philanthropy and financial institutions, the initiative fosters meaningful changes in communities across the United States.
One of the key initiatives, the Closing the Gaps Network, addresses systemic inequities that have resulted from historical policies and practices favoring certain racial demographics over others. This programmatic area is innovative in its approach, combining practice areas, strategy development, and efforts for field building and sectoral change.
By uniting local government leaders from up to 30 cities, the Closing the Gaps Network encourages collaborative exploration of what an antiracist society could entail. Participants are engaged in crucial discussions aimed at reshaping government policies, practices, and operations, fundamentally addressing the racial income and wealth gaps. This strategic collaboration empowers local leaders to implement impactful changes that improve access to resources and opportunities for all residents, particularly those in marginalized communities.
The overall impact of Living Cities is profound, as it not only seeks to uplift low-income communities but also plays an essential role in fostering a more equitable urban ecosystem through focused engagement, policy transformation, and systemic reform.
This information is meant to be a general summary of Living Cities Inc The National Community Development Initiative. 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: $790,652
- Gross Receipts: $9,952,188
Assets and Liabilities:
- Total Assets: $48,531,409
- Total Liabilities: $21,552,692
- Net Assets: $26,978,717
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Organization Details
Founding Year
2001
Phone
(646) 442-2200Principal Officer
Joseph Scantlebury
Main Address
1730 M STREET NW 400, WASHINGTON, DC, 20036
Website
www.livingcities.orgNTEE Category
Code: P50 - Human services
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