Overview
What is Central Baptist Community Development Corporation?
The Central Baptist Community Development Corporation, situated in Wilmington, Delaware, is a nonprofit organization with a mission to foster community interaction. By creating a conducive environment, they empower individuals to participate in the transformation process, resulting in both physical and social improvements, as well as spiritual and physiological growth. With a dedicated workforce of 29 employees, this corporation plays a vital role in promoting community development and improvement.
Official website here: www.centralbaptistcdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Central Baptist Community Development Corporation has achieved a solid Three-Star rating, indicating a fair level of accountability and financial health. This score is derived entirely from their Accountability & Finance category, which holds significant weight in the overall evaluation. The organization has demonstrated a strong commitment to transparency and ethical governance, evidenced by having 100% independent board members and a robust conflict of interest policy.
The organization excels in financial management, as highlighted by their high program expense ratio of 87.24%. This suggests that a substantial portion of their funds is directed towards their programs rather than administrative costs. Additionally, there are no reported material diversions of assets, and they maintain a healthy liabilities to assets ratio of 30.78%.
While the ratings are favorable, it is important to keep in mind that the overall score is based solely on the accountability and finance metrics. Potential donors may want to consider additional factors such as program effectiveness and community impact when assessing the organization’s overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Central Baptist Community Development Corporation legitimate?
Central Baptist Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Baptist 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: $712,733
For more financial information, click here
Official website here: www.centralbaptistcdc.org
What is the mission statement of Central Baptist Community Development Corporation?
The Central Baptist Community Development Corporation's mission is to establish a platform for community engagement that empowers individuals to participate in the process of transformation. This transformation encompasses physical, social, and spiritual or physiological aspects, ultimately leading to a significant improvement in the community as a whole. The corporation's mission is geared towards providing a structure that encourages active participation, which in turn, fosters change and growth within the community.
Official website here: www.centralbaptistcdc.org
Who is the CEO of Central Baptist Community Development Corporation?
Dionna Sargent is the Secretary of Central Baptist Community Development Corporation.
Official website here: www.centralbaptistcdc.org
What is the revenue of Central Baptist Community Development Corporation?
Central Baptist Community Development Corporation's revenue in 2022 was $1,568,285.
Official website here: www.centralbaptistcdc.org
Who are the executives of Central Baptist Community Development Corporation and what are their salaries?
The average compensation at Central Baptist Community Development Corporation during 2022 was $24,577. There are 29 employees at Central Baptist Community Development Corporation.
Here are 12 key members and their salaries:
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Official website here: www.centralbaptistcdc.org
Where can I find the form 990 for Central Baptist Community Development Corporation?
Central Baptist Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.centralbaptistcdc.org
Learn more at the official website: www.centralbaptistcdc.org
Mission Statement of Central Baptist Community Development Corporation
Central Baptist Community Development Corporation is committed to establishing a platform that encourages community engagement, empowering individuals to drive change. This process leads to comprehensive transformation, encompassing both physical and social aspects, as well as the spiritual and physiological realms. The organization's mission is geared towards facilitating this transformation, fostering a society where people have the tools and motivation to bring about positive change.
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Impact
October, 2024
Central Baptist Community Development Corporation plays a critical role in fostering community engagement and empowerment in Wilmington, DE. By creating a structured environment for interaction, they facilitate processes that enable individuals and groups to work together toward meaningful change. This engagement leads to significant transformations in several areas.
Their efforts contribute to physical improvements within the community, making neighborhoods more livable and vibrant. By focusing on social development, they encourage strong relationships among residents, fostering a sense of belonging and collective responsibility. Furthermore, the emphasis on spiritual and physiological well-being enriches the lives of community members, promoting holistic health and resilience.
Through these initiatives, Central Baptist Community Development Corporation not only enhances the quality of life for individuals but also strengthens the community as a whole, cultivating an environment where all members can thrive and participate actively in shaping their future.
This information is meant to be a general summary of Central Baptist 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: $104
- Program Service Revenue: $183,418
- Gross Receipts: $1,568,285
Assets and Liabilities:
- Total Assets: $2,505,518
- Total Liabilities: $812,779
- Net Assets: $1,692,739
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARKING LOT
Revenue
$2,914
PROGRAM REVENUES
Revenue
$98,920
URBAN ACRES
Revenue
$9,689
TRAINING
Revenue
$10,580
RENT
Revenue
$61,315
Organization Details
Founding Year
2010
Principal Officer
Dionna Sargent
Main Address
839 N PINE STREET, Wilmington, DE, 19801
Website
www.centralbaptistcdc.orgNTEE Category
Code: S30 - Community improvement
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