Overview
What is Natl Alliance Of Community & Economic Developmen?
The National Alliance of Community & Economic Development (NACEDA) is a dedicated nonprofit organization based in Washington, D.C. Their mission is to foster community prosperity by advocating for beneficial resources and systems for low and moderate-income communities. In 2022, NACEDA's Thriving Networks Program delivered over 2200 service hours, inspiring and empowering over 1300 individuals. Through groundbreaking research, regional conferences, and customized capacity building resources, they aim to amplify the impact of community development networks. Their work includes hosting caucuses across various regions, offering transformational training, and providing unparalleled technical assistance to their members and practitioners. With a focus on community development, NACEDA strives to build a network that unites and strengthens its members, ultimately benefiting low and moderate-income communities.
Official website here: www.naceda.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
The National Alliance of Community & Economic Development boasts an exemplary score of 100% from Charity Navigator, indicating a strong commitment to accountability and financial health. This rating reflects the organization's robust financial management practices, with a high program expense ratio of 77.37% and minimal liabilities, demonstrating effective use of resources toward its mission.
The organization has a completely independent board, showcasing strong governance with a perfect score in board composition and oversight practices. Their policies regarding conflicts of interest and whistleblower protections are well-established, contributing to a transparent operational framework that builds trust among stakeholders.
There are no noted limitations in the feedback, highlighting the organization’s rigorous financial oversight and commitment to ethical practices. Overall, the National Alliance of Community & Economic Development is recognized for its financial integrity and effective service delivery in community and economic development initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Natl Alliance Of Community & Economic Developmen legitimate?
Natl Alliance Of Community & Economic Developmen is a legitimate nonprofit organization registered as a 501(c)(3) entity. Natl Alliance Of Community & Economic Developmen 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: $128,905
Professional Fundraising Fees: $0
Other Salaries and Wages: $232,708
For more financial information, click here
Official website here: www.naceda.org
What is the mission statement of Natl Alliance Of Community & Economic Developmen?
The National Alliance of Community & Economic Development's mission is to guide community partners in shaping and influencing strategies that enhance community prosperity. They advocate for reliable resources and systems that benefit low and moderate-income communities and work towards building the capacity of members and practitioners engaged in these areas. In 2022, their Thriving Networks Program delivered over 2200 service hours, inspiring and empowering over 1300 individuals. Their commitment to progress led to groundbreaking research on community organization capacity and hosted regional conferences, fostering collaboration and positive change. They offer customized capacity building resources, training, and technical assistance to community development networks, acting as a guiding compass for their members.
Official website here: www.naceda.org
Who is the CEO of Natl Alliance Of Community & Economic Developmen?
Frank Woodruff is the Executive Director of Natl Alliance Of Community & Economic Developmen.
Official website here: www.naceda.org
What is the revenue of Natl Alliance Of Community & Economic Developmen?
Natl Alliance Of Community & Economic Developmen's revenue in 2022 was $2,059,770.
Official website here: www.naceda.org
Who are the executives of Natl Alliance Of Community & Economic Developmen and what are their salaries?
The average compensation at Natl Alliance Of Community & Economic Developmen during 2022 was $72,323. There are 5 employees and 61 volunteers at Natl Alliance Of Community & Economic Developmen.
Here are 20 key members and their salaries:
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Official website here: www.naceda.org
Where can I find the form 990 for Natl Alliance Of Community & Economic Developmen?
Natl Alliance Of Community & Economic Developmen's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.naceda.org
Learn more at the official website: www.naceda.org
Mission Statement of Natl Alliance Of Community & Economic Developmen
The National Alliance of Community & Economic Development, in its mission, aims to spearhead collaborations among community partners, influencing strategies that foster and promote prosperity within low and moderate-income communities. This nonprofit organization advocates for the allocation of dependable resources and systems that cater specifically to the needs of these communities. Additionally, the National Alliance of Community & Economic Development strives to bolster the capabilities of members and practitioners working in these sectors, thereby empowering them to contribute effectively to community development.
In pursuit of its mission, the National Alliance of Community & Economic Development launched the Thriving Networks Program in 2022. This program delivered over 2,200 service hours, inspiring and empowering over 1,300 individuals. The program served as a catalyst for economic development trends, conducting groundbreaking research to uncover the untapped potential of community organizations. The National Alliance of Community & Economic Development also hosted regional conferences, bringing together diverse voices to address local needs and trends. These events fostered collaboration and camaraderie, ultimately igniting positive change. The program offered customized resources, training, and technical assistance to community development networks, acting as a guiding compass for its members.
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Impact
October, 2024
The Natl Alliance Of Community & Economic Development (NACEDA) has made a significant impact on community prosperity through its advocacy and capacity-building efforts. In 2022, its Thriving Networks Program delivered over 2,200 service hours, inspiring and empowering at least 1,300 individuals. This program not only propelled economic development trends but also engaged in groundbreaking research that revealed the untapped potential of community organizations.
NACEDA's regional conferences have served as vital hubs for collaboration, bringing together diverse voices to address local needs and trends. These events have ignited positive change and fostered a sense of camaraderie among participants. By providing customized capacity-building resources, transformational training, and exceptional technical assistance, NACEDA has facilitated the growth of community development networks across the South, Midwest, East, and West Coast.
The organization's commitment to advocating for reliable resources and systems has been crucial for low and moderate-income communities, enhancing their resilience and ability to thrive. Through these concentrated efforts, NACEDA solidifies its role in shaping strategies that promote community prosperity and elevate the voices of its members and practitioners.
This information is meant to be a general summary of Natl Alliance Of Community & Economic Developmen. 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.
- Program Service Revenue: $107,840
- Gross Receipts: $2,059,770
Assets and Liabilities:
- Total Assets: $1,402,125
- Total Liabilities: $76,431
- Net Assets: $1,325,694
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conferences
Revenue
$107,840
Organization Details
Founding Year
2007
Principal Officer
Frank Woodruff
Main Address
1660 L Street NW STE 306, Washington, DC, 20036
Website
www.naceda.orgNTEE Category
Code: S30 - Community improvement
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