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Guernsey County Cdc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311443005 ✦ Cambridge, OH ✦ Designated as a 501(c)(3)

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Overview

What is Guernsey County Cdc?

Guernsey County CDC, located at 905 Wheeling Avenue, Cambridge, Ohio 43725, is a community development corporation that aims to enhance the livability of the area. Acting as a sponsor for various projects, this nonprofit organization strives to promote a better living environment for its community's residents. One of their current initiatives is to construct a trail that will benefit approximately 43,000 people. With a staff of 55 employees, Guernsey County CDC plays an essential role in contributing to the growth and improvement of the community.


Official website here: www.guernseycountycdc.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 68%, earning a Two-Star out of Four Star rating. The Guernsey County CDC demonstrates a strong commitment to community and culture, reflected in its high Culture & Community Score of 87. The organization maintains an impressive Program Expense Ratio of 99.85%, indicating that most of its funds are directed towards its programs, which is a positive sign for potential donors.

However, the organization faces challenges in its financial accountability, evidenced by a low Accountability & Finance Score of 66. Notably, it has zero independent board members and lacks financial statements, which raises concerns about transparency and governance. While it has strong policies in place for conflict of interest and document retention, the absence of independent oversight may hinder its credibility.

Additionally, the nonprofit's financial health appears stable, with a Liabilities to Assets Ratio of 12.48%. Despite the organization's strengths in programmatic focus and community engagement, its governance issues and lack of transparency regarding financial documents may limit its appeal to potential supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Guernsey County Cdc legitimate?

Guernsey County Cdc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Guernsey County Cdc 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: $67,360
Professional Fundraising Fees: $0
Other Salaries and Wages: $414,863

For more financial information, click here


Official website here: www.guernseycountycdc.com/

What is the mission statement of Guernsey County Cdc?

The Guernsey County Community Development Corporation's mission is to sponsor projects that enhance the community, making it a more livable place for its residents. One such project they are currently involved in is the construction of a trail, which is expected to benefit approximately 43,000 people. This organization's activities aim to improve the overall quality of life in the community. By supporting various projects, the Guernsey County Community Development Corporation contributes to creating a better living environment for its community members.


Official website here: www.guernseycountycdc.com/

Who is the CEO of Guernsey County Cdc?

Levi Wade is the President of Guernsey County Cdc.


Official website here: www.guernseycountycdc.com/

What is the revenue of Guernsey County Cdc?

Guernsey County Cdc's revenue in 2022 was $1,025,301.


Official website here: www.guernseycountycdc.com/

Who are the executives of Guernsey County Cdc and what are their salaries?

The average compensation at Guernsey County Cdc during 2022 was $8,768. There are 55 employees at Guernsey County Cdc.


Here are 9 key members and their salaries:


Ron Gombeda (Executive Di)
  • Compensation: $67,360
  • Related: $0
  • Other: $0
Richard Gallagher (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Holmes (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth Hudson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Jackson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna King-Hurd (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bri Scott (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Levi Wade (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa West (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.guernseycountycdc.com/

Where can I find the form 990 for Guernsey County Cdc?

Guernsey County Cdc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.guernseycountycdc.com/

Learn more at the official website: www.guernseycountycdc.com/

Mission Statement of Guernsey County Cdc

Guernsey County CDC, a community development corporation, is committed to improving the living conditions of its community. Their mission is centered around sponsoring projects that enhance the quality of life for the community's residents. One of their notable initiatives is a project to construct a trail that is anticipated to benefit over 43,000 individuals. This trail is expected to contribute positively to the community, promoting healthier lifestyles, increased recreational opportunities, and improved connectivity among its residents. By undertaking such projects, Guernsey County CDC is working towards creating a more livable and enjoyable community for its residents.

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Impact




October, 2024

Guernsey County CDC significantly enhances the quality of life for residents by spearheading community improvement projects that foster development and well-being. One of its key initiatives is the construction of a trail across Guernsey County, designed to benefit upwards of 43,000 people. This project not only promotes outdoor activities and healthy lifestyles but also connects communities, encouraging social engagement and economic growth. By investing in such initiatives, Guernsey County CDC plays a pivotal role in transforming the area into a more vibrant and accessible place to live.




This information is meant to be a general summary of Guernsey County Cdc. 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.

Revenue
$1,025,301 (2022)
Expenses
$1,141,203 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,610
  • Program Service Revenue: $520,100
  • Gross Receipts: $1,101,572

Assets and Liabilities:

  • Total Assets: $7,402,662
  • Total Liabilities: $924,288
  • Net Assets: $6,478,374

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SEAT

Revenue

$277,610

LEGAL SETTLEMENT

Revenue

$118,750

ROYALTIES

Revenue

$95,308

FISH CAMP/HUNT CLUB

Revenue

$16,935

LOG JAM

Revenue

$7,452

Organization Details

Founding Year

1995

Principal Officer

Levi Wade

Main Address

905 WHEELING AVE, CAMBRIDGE, OH, 43725

NTEE Category

Code: S31 - Community improvement

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