Overview
What is North Fairmount Community Center?
North Fairmount Community Center is a dedicated nonprofit organization situated in Cincinnati, Ohio. Its primary objective is to stimulate community growth through extensive social services and the provision of affordable housing. This community-focused mission entails promoting overall development within North Fairmount Community Center's local area. The organization's efforts are geared towards enhancing the well-being of its residents, offering a broad spectrum of social services to cater to their diverse needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
The North Fairmount Community Center has received a two-star rating from Charity Navigator, indicating a need for improvement in several accountability and financial areas. The organization scored 67% overall, with commendable aspects such as 100% independent board members and no material diversion of assets, reflecting good governance practices.
However, the center faces significant limitations, particularly in transparency and policy documentation. It lacks financial statements and critical governance policies like a conflict of interest policy and a whistleblower policy, which are essential for building trust and accountability with stakeholders. Additionally, the absence of its website link on tax forms and missing documentation on its website affect its overall score.
Despite these challenges, the organization is allocating a substantial portion of its budget to programs, with a program expense ratio of 71.08%. This demonstrates a commitment to delivering services to the community, although enhancing financial management and transparency would bolster its overall performance and reliability as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is North Fairmount Community Center legitimate?
North Fairmount Community Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Fairmount Community Center 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: $71,184
Professional Fundraising Fees: $0
Other Salaries and Wages: $235,335
For more financial information, click here
What is the mission statement of North Fairmount Community Center?
The North Fairmount Community Center is committed to fostering community development through the provision of comprehensive social services and affordable housing. Their mission primarily focuses on enhancing the community in Cincinnati, Ohio, with an emphasis on community development. By offering these services, the center aims to contribute positively to the overall well-being and improvement of the community.
What is the revenue of North Fairmount Community Center?
North Fairmount Community Center's revenue in 2023 was $670,081.
Who are the executives of North Fairmount Community Center and what are their salaries?
The average compensation at North Fairmount Community Center during 2023 was $21,894. There are 14 employees and 4 volunteers at North Fairmount Community Center.
Here are 10 key members and their salaries:
- Compensation: $71,184
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Where can I find the form 990 for North Fairmount Community Center?
North Fairmount Community Center's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of North Fairmount Community Center
North Fairmount Community Center, situated in an unspecified location, is dedicated to the mission of community development. This mission is carried out through the provision of extensive social services and the promotion of affordable housing. The center's primary focus is on fostering growth and improvement within the community, with a specific focus on Cincinnati, Ohio. By offering a comprehensive range of social services and affordable housing options, North Fairmount Community Center seeks to contribute positively to the well-being and development of its community.
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Impact
October, 2024
North Fairmount Community Center profoundly impacts the Cincinnati community by focusing on comprehensive social services and affordable housing. By addressing essential needs, the center fosters an environment of support and empowerment for residents, enabling them to access vital resources that enhance their quality of life. The commitment to community development translates into programs and initiatives designed to uplift families and individuals, creating a strong, interconnected community. Through its efforts, North Fairmount Community Center plays a crucial role in fostering stability, resilience, and growth within the neighborhood, ultimately contributing to a more vibrant and inclusive Cincinnati.
This information is meant to be a general summary of North Fairmount Community Center. 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 2023.
- Investment Income: $8,091
- Program Service Revenue: $426,713
- Gross Receipts: $1,241,069
Assets and Liabilities:
- Total Assets: $2,206,347
- Total Liabilities: $637,582
- Net Assets: $1,568,765
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL
Revenue
$426,713
Organization Details
Founding Year
1980
Principal Officer
Linda A Grote-Klems
NTEE Category
Code: P28Z - Human services
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