Overview
What is Pagosa Springs Community Development Corporation?
The Pagosa Springs Community Development Corporation is a nonprofit organization based in Pagosa Springs, Colorado. With a strategic plan focused on promoting local businesses and the community, their ultimate goal is to attract new businesses to the area. By doing so, they aim to improve the quality of life for the residents of Pagosa Springs and Archuleta County by creating quality new jobs, encouraging new capital investment, and fostering an environment that boosts tourism. With a team of three dedicated individuals, this organization plays a significant role in shaping the economic growth and community development of the region.
Official website here: www.pagosaspringscdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
The Pagosa Springs Community Development Corporation has received a "Needs Improvement" rating, indicating that while there are some commendable aspects, significant areas require attention. Notably, the organization boasts a strong accountability score regarding independent board members, achieving full marks for both the proportion of independent members and the size of the independent board. Furthermore, it has a favorable program expense ratio of 94.42%, reflecting a commitment to its mission and effective use of resources.
However, the organization faces critical shortcomings in several governance areas, such as the absence of essential policies like conflict of interest, whistleblower procedures, and document retention processes. Additionally, the lack of financial statements available for public review significantly impacts transparency, as does the non-posting of tax forms on its website. These deficiencies contribute to the overall low accountability and finance score, which ultimately affects the organization's credibility.
While the Pagosa Springs Community Development Corporation demonstrates effective program spending and a solid board structure, it must address its governance and transparency issues to improve its rating and public trust. Continued efforts to rectify these limitations could enhance its operational effectiveness and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Pagosa Springs Community Development Corporation legitimate?
Pagosa Springs Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pagosa Springs Community 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $118,236
For more financial information, click here
Official website here: www.pagosaspringscdc.org
What is the mission statement of Pagosa Springs Community Development Corporation?
The Pagosa Springs Community Development Corporation's mission is centered around enhancing the quality of life for its community. Specifically, they aim to create quality new jobs, encourage new capital investment, and establish an environment that boosts tourism. By doing so, their objective is to improve the overall well-being of the residents. To achieve this, they develop a strategic plan that promotes local businesses and the community, making it more appealing for new businesses to establish themselves in the area.
Official website here: www.pagosaspringscdc.org
Who is the CEO of Pagosa Springs Community Development Corporation?
Sherry Waner is the Director of Pagosa Springs Community Development Corporation.
Official website here: www.pagosaspringscdc.org
What is the revenue of Pagosa Springs Community Development Corporation?
Pagosa Springs Community Development Corporation's revenue in 2022 was $647,324.
Official website here: www.pagosaspringscdc.org
Who are the executives of Pagosa Springs Community Development Corporation and what are their salaries?
The average compensation at Pagosa Springs Community Development Corporation during 2022 was $39,412. There are 3 employees at Pagosa Springs Community Development Corporation.
Here are 9 key members and their salaries:
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Official website here: www.pagosaspringscdc.org
Where can I find the form 990 for Pagosa Springs Community Development Corporation?
Pagosa Springs Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pagosaspringscdc.org
Learn more at the official website: www.pagosaspringscdc.org
Mission Statement of Pagosa Springs Community Development Corporation
Pagosa Springs Community Development Corporation, a nonprofit organization, is dedicated to improving the lives of its community members in a holistic manner. Its mission is multifaceted, aiming to enhance the overall quality of life by creating new job opportunities, encouraging capital investment, and fostering an environment that stimulates tourism. By doing so, the corporation seeks to establish a strategic plan that promotes local businesses, making Pagosa Springs an attractive destination for new enterprises. In essence, the Pagosa Springs Community Development Corporation works tirelessly to foster economic growth and improve the community's well-being, ultimately enhancing the lives of its citizens.
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Impact
July, 2024
Pagosa Springs Community Development Corporation's impact can be seen in the enhancement of the quality of life for the citizens of Pagosa Springs and Archuleta County. By focusing on creating quality new jobs, encouraging new capital investment, and crafting an environment that increases tourism, they are effectively stimulating economic growth in the area. Their strategic plan promotes local businesses and the community, making it an attractive destination for new businesses to set up and thrive. This not only benefits the local economy but also contributes to the overall prosperity and well-being of the community.
This information is meant to be a general summary of Pagosa Springs Community 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 2022.
- Investment Income: $1,426
- Gross Receipts: $647,324
Assets and Liabilities:
- Total Assets: $270,031
- Total Liabilities: $0
- Net Assets: $270,031
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Organization Details
Founding Year
2010
Phone
(970) 946-1133Principal Officer
Sherry Waner
Main Address
P O BOX 1183, PAGOSA SPRINGS, CO, 81147
Website
www.pagosaspringscdc.orgNTEE Category
Code: S31 - Community improvement
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