Overview
What is Leadership Newark Inc?
Leadership Newark Inc, based in Newark, New Jersey, is a nonprofit organization with a focus on nurturing civic leaders. Through their LN program, they engage adults by providing public policy enrichment, skill-building, and team-building sessions (for more details, refer to Schedule O). This program aims to contribute positively to the greater Newark area. The organization has a small team of four dedicated individuals.
Official website here: www.leadershipnewark.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
Leadership Newark Inc has achieved a high level of accountability and finance, reflected in its impressive 90% score. This rating is derived entirely from its accountability and finance metrics, with the organization demonstrating solid governance practices, such as a fully independent board and no material diversion of assets. The program expense ratio is also noteworthy, with 75.41% of its expenses allocated directly to its programs, indicating a strong commitment to its mission.
While the organization excels in various areas, it is important to note that it lacks a whistleblower policy, which is a key component of transparency and accountability. Despite this gap, Leadership Newark Inc has established comprehensive policies for conflict of interest and document retention, which are critical for maintaining organizational integrity. Overall, the nonprofit showcases a strong commitment to responsible financial management and adherence to best practices in governance, though it could benefit from addressing the absence of a whistleblower policy.
This AI summary has been generated from information found on Charity Navigator.
Is Leadership Newark Inc legitimate?
Leadership Newark Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leadership Newark Inc 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: $172,331
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,381
For more financial information, click here
Official website here: www.leadershipnewark.org
What is the mission statement of Leadership Newark Inc?
Leadership Newark Inc, as a leadership development program, focuses on public policy issues affecting the larger Newark area. The organization's mission and programs are detailed in Schedule O. In a broader context, Leadership Newark Inc operates a community building fellowship program designed to prepare and cultivate adults into potential civic leaders. This is achieved through enrichment in public policy, complemented by skill-building and team-building sessions (further details can be found in Schedule O).
Official website here: www.leadershipnewark.org
Who is the CEO of Leadership Newark Inc?
Cecilia M King is the Chief Executive Officer of Leadership Newark Inc. The CEO's salary of Leadership Newark Inc is $151,807 and their total compensation is $170,225.
Official website here: www.leadershipnewark.org
What is the revenue of Leadership Newark Inc?
Leadership Newark Inc's revenue in 2022 was $459,687.
Official website here: www.leadershipnewark.org
Who are the executives of Leadership Newark Inc and what are their salaries?
The average compensation at Leadership Newark Inc during 2022 was $48,428. There are 4 employees and 35 volunteers at Leadership Newark Inc.
Here are 14 key members and their salaries (Leadership Newark Inc's CEO's salary is $151,807 and their total compensation is $170,225):
- Compensation: $151,807
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- Other: $18,418
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Official website here: www.leadershipnewark.org
Where can I find the form 990 for Leadership Newark Inc?
Leadership Newark Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leadershipnewark.org
Learn more at the official website: www.leadershipnewark.org
Mission Statement of Leadership Newark Inc
Leadership Newark Inc, a prominent leadership development program, focuses on public policy issues affecting the broader Newark area. Its mission, as yet undescribed in the provided information, presumably involves nurturing and preparing adults to assume roles as civic leaders. This is achieved through a comprehensive approach that combines public policy education, skill development, and team building sessions. The LN program, as the fellowship component of Leadership Newark Inc, serves as a platform for this transformation, providing the necessary tools and experiences for individuals to contribute effectively to their community's public policy landscape. Further details regarding the organization's mission and programs can be found in Schedule O.
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Impact
July, 2024
Leadership Newark Inc's impact is evident in its leadership development program that focuses on public policy issues affecting the Greater Newark area. The program grooms adults to be civic leaders through public policy enrichment, skill building, and team building sessions. this contributes to the community building efforts in the city of Newark, New Jersey.
This information is meant to be a general summary of Leadership Newark Inc. 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: $885
- Program Service Revenue: $77,500
- Gross Receipts: $459,687
Assets and Liabilities:
- Total Assets: $587,775
- Total Liabilities: $86,063
- Net Assets: $501,712
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$77,500
Organization Details
Founding Year
1998
Phone
(973) 350-9200Principal Officer
Cecilia M King
Main Address
494 Broad Street LL10, Newark, NJ, 07102
Website
www.leadershipnewark.orgNTEE Category
Code: W70 - Public benefit
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