Overview
What is Isles Community Enterprises Corp?
Isles Community Enterprises Corp is a nonprofit organization situated in Trenton, New Jersey, at 10 WOOD STREET. Their mission is to cater to the financial and educational needs of low-income individuals and communities. They offer a distinctive range of services to accommodate these requirements, striving to make a positive impact in their local area.
Official website here: www.isles.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (62%, Two-Star out of Four Star rating)
Isles Community Enterprises Corp has received a "Needs Improvement" rating from Charity Navigator, indicating that while it has strong accountability and finance measures, there are significant areas that require attention. The organization scored a perfect 100% in overall accountability and finance, showcasing effective management of its financial resources and policies. However, it lacks independent board members, which raises concerns about governance and oversight.
The organization has demonstrated positive practices by having a conflict of interest policy, a whistleblower policy, and maintaining documentation such as board meeting minutes. Yet, the absence of independent members on the board and the critical liabilities to assets ratio of nearly 120% suggest potential financial vulnerabilities that could impact its long-term sustainability. Additionally, the tax form is missing from the nonprofit's website, which is a significant transparency issue.
While Isles Community Enterprises Corp excels in certain accountability measures, the lack of independent oversight and financial ratios indicate areas for improvement. Stakeholders and potential donors may want to consider these factors when evaluating the organization’s overall effectiveness and stability.
This AI summary has been generated from information found on Charity Navigator.
Is Isles Community Enterprises Corp legitimate?
Isles Community Enterprises Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Isles Community Enterprises 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,607
For more financial information, click here
Official website here: www.isles.org
What is the mission statement of Isles Community Enterprises Corp?
Isles Community Enterprises Corp is dedicated to providing a unique assortment of financial and educational services tailored to address the requirements and interests of economically disadvantaged individuals and communities. Their mission is twofold: to offer financial solutions and to promote educational opportunities. This organization aims to bridge the gap and empower these communities, ensuring they have the necessary resources to thrive. Through their initiatives, they strive to foster financial stability and promote educational growth in low-income populations.
Official website here: www.isles.org
Who is the CEO of Isles Community Enterprises Corp?
Sean Jackson is the Ex-Officio And Trustee of Isles Community Enterprises Corp. The CEO's salary of Isles Community Enterprises Corp is $0 and their total compensation is $138,419.
Official website here: www.isles.org
What is the revenue of Isles Community Enterprises Corp?
Isles Community Enterprises Corp's revenue in 2022 was $59,842.
Official website here: www.isles.org
Who are the executives of Isles Community Enterprises Corp and what are their salaries?
Here are 5 key members and their salaries (Isles Community Enterprises Corp's CEO's salary is $0 and their total compensation is $138,419):
- Compensation: $0
- Related: $57,619
- Other: $9,418
- Compensation: $0
- Related: $84,359
- Other: $10,524
- Compensation: $0
- Related: $111,753
- Other: $10,231
- Compensation: $0
- Related: $134,135
- Other: $4,284
- Compensation: $0
- Related: $85,570
- Other: $2,760
Official website here: www.isles.org
Where can I find the form 990 for Isles Community Enterprises Corp?
Isles Community Enterprises Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.isles.org
Learn more at the official website: www.isles.org
Mission Statement of Isles Community Enterprises Corp
Isles Community Enterprises Corp is dedicated to offering a distinctive array of financial and educational services tailored to address the requirements and interests of low-income individuals and communities. The organization's mission is centered around providing these services, ensuring that they effectively meet the needs and aspirations of those in economically disadvantaged circumstances. By doing so, Isles Community Enterprises Corp seeks to make a meaningful impact in the lives of these individuals and communities, empowering them to improve their circumstances.
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Impact
August, 2024
Isles Community Enterprises Corp has a significant impact on low-wealth individuals and communities by providing a unique range of financial and educational services tailored to meet their specific needs and interests. Through their activities in Trenton, NJ, Isles Community Enterprises Corp plays a vital role in improving the overall well-being and financial stability of individuals and communities in need. Their mission to uplift and empower marginalized groups is reflected in the tangible support and resources they offer, making a real difference in the lives of those they serve.
This information is meant to be a general summary of Isles Community Enterprises 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 2022.
- Investment Income: $9
- Program Service Revenue: $9,833
- Gross Receipts: $59,842
Assets and Liabilities:
- Total Assets: $723,672
- Total Liabilities: $868,257
- Net Assets: -$144,585
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$9,833
Organization Details
Founding Year
2008
Phone
(609) 341-4700Principal Officer
Sean Jackson
Main Address
10 WOOD STREET, TRENTON, NJ, 08618
Website
www.isles.orgNTEE Category
Code: S31 - Community improvement
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