Overview
What is Akron Summit Community Action Inc?
Akron Summit Community Action Inc is a nonprofit organization based in Akron, Ohio, with a mission to reduce poverty and promote self-sufficiency. They offer community service programs, providing emergency assistance to low-income families and individuals. The organization runs a job training program, offering CDL and other certifications, and an EITC program with IRS-certified volunteers for free tax preparation. Additionally, their Chore Program assists low-income elderly and disabled individuals in maintaining their homes. With a team of 255 employees, Akron Summit Community Action strives to provide quality services, advocate for poverty-free communities, help families become self-reliant, stimulate economic opportunities, and maximize operational efficiency. Their innovative programs aim to set a pace for other community action agencies and provide community leadership in matters affecting low-income individuals and families.
Official website here: www.ascainc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Akron Summit Community Action Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 85%. This score is derived entirely from their strong performance in Accountability & Finance, indicating that the organization effectively manages its finances and maintains transparency in its operations.
The nonprofit showcases significant strengths, including a fully independent board of directors and a high program expense ratio of 92.12%, demonstrating a strong commitment to utilizing funds directly for program services. Additionally, they have policies in place for conflict of interest, whistleblower protections, and document retention, contributing to their accountability.
While the organization excels in various aspects of financial management and governance, no specific limitations were noted in the data. Overall, Akron Summit Community Action Inc appears to be a responsible and well-managed nonprofit, prioritizing transparency and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Akron Summit Community Action Inc legitimate?
Akron Summit Community Action Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Akron Summit Community Action 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: $455,839
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,633,214
For more financial information, click here
Official website here: www.ascainc.org
What is the mission statement of Akron Summit Community Action Inc?
Akron Summit Community Action Inc is dedicated to reducing poverty and promoting self-sufficiency. The organization's primary objectives include providing quality services to low-income individuals and families, advocating for a poverty-free community, and assisting families in becoming self-reliant. In addition, they strive to stimulate economic opportunity and expand it for the poor and the community through economic development activities. Akron Summit Community Action Inc also focuses on maximizing operational efficiency and becoming a pioneer among community action agencies by implementing innovative programs. They encourage community leadership in matters that affect low-income individuals and families.
Official website here: www.ascainc.org
Who is the CEO of Akron Summit Community Action Inc?
Malcolm J Costa is the Secretary (Thru 6/2022) of Akron Summit Community Action Inc. The CEO's salary of Akron Summit Community Action Inc is $202,877 and their total compensation is $235,198.
Official website here: www.ascainc.org
What is the revenue of Akron Summit Community Action Inc?
Akron Summit Community Action Inc's revenue in 2022 was $43,523,795.
Official website here: www.ascainc.org
Who are the executives of Akron Summit Community Action Inc and what are their salaries?
The average compensation at Akron Summit Community Action Inc during 2022 was $39,565. There are 255 employees and 1531 volunteers at Akron Summit Community Action Inc.
Here are 20 key members and their salaries (Akron Summit Community Action Inc's CEO's salary is $202,877 and their total compensation is $235,198):
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- Compensation: $202,877
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- Compensation: $105,221
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- Other: $14,861
Official website here: www.ascainc.org
Where can I find the form 990 for Akron Summit Community Action Inc?
Akron Summit Community Action Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ascainc.org
Learn more at the official website: www.ascainc.org
Mission Statement of Akron Summit Community Action Inc
Akron Summit Community Action, Inc. is a mission-driven organization dedicated to reducing poverty and promoting self-sufficiency. This community-based agency aims to provide essential services to low-income individuals and families, advocating for a poverty-free community. Its primary objectives include improving operational efficiency, becoming a trailblazer for innovative programs among community action agencies, and encouraging community leadership to better serve those in need.
Akron Summit Community Action, Inc. prides itself on delivering quality services to support the economically disadvantaged. By providing assistance and advocacy, the organization helps families work towards self-reliance. Additionally, the agency focuses on expanding economic opportunities for the poor and the community through economic development-related activities. The agency's ultimate goal is to maximize its impact, setting an example for other community action agencies.
In their efforts to make a difference, Akron Summit Community Action, Inc. strives to become a pacesetter in the community action sector. By implementing innovative programs, they aim to inspire and encourage growth among the most vulnerable populations. Their commitment to community leadership ensures that the voices of low-income individuals and families are heard and their concerns are addressed. Through its various initiatives, Akron Summit Community Action, Inc. is dedicated to making a real difference in the lives of those it serves.
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Impact
October, 2024
Akron Summit Community Action Inc makes a significant impact by actively working to reduce poverty and promote self-sufficiency in the Akron community. By providing emergency services to low-income families and individuals, the organization addresses immediate needs and helps stabilize vulnerable households.
The job training programs, including commercial driver's license (CDL) training, equip participants with valuable skills that enhance their employability and long-term financial security. Additionally, initiatives like the Earned Income Tax Credit (EITC) program offer free tax preparation services to help low-income individuals maximize their tax returns, directly boosting their financial resources.
The Chore Program plays a critical role by assisting low-income elderly and disabled residents in maintaining their homes, thereby fostering independence and comfort. Through these comprehensive services, Akron Summit Community Action Inc not only supports individuals in their immediate needs but also advocates for systemic changes that encourage economic development and self-reliance in the community. By pursuing innovative solutions and encouraging community leadership, the organization serves as a pacesetter for progress, inspiring similar efforts across the region.
This information is meant to be a general summary of Akron Summit Community Action 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: $3,914
- Program Service Revenue: $425,676
- Gross Receipts: $43,523,795
Assets and Liabilities:
- Total Assets: $11,670,829
- Total Liabilities: $7,587,310
- Net Assets: $4,083,519
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY SERVICE REVENUE
Revenue
$382,981
FOOD SERVICE REVENUE
Revenue
$30,697
SENIOR SERVICES REVENUE
Revenue
$11,998
Organization Details
Founding Year
1966
Phone
(330) 376-7730Principal Officer
Malcolm J Costa
Main Address
55 EAST MILL STREET, AKRON, OH, 44308
Website
www.ascainc.orgNTEE Category
Code: S20 - Community improvement
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