Overview
What is Collinwood And Nottingham Village Development Corporation?
Collinwood And Nottingham Village Development Corporation is a community-driven organization based in Cleveland, Ohio, specifically at 15614 Saint Clair Avenue, 44110. Their primary mission is to foster the development and redevelopment of commercial, industrial, and residential facilities in the Collinwood area, adhering to the zoning and planning regulations established by the City of Cleveland. The corporation provides technical assistance to local residents, homeowners, and businesses, contributing to various renovation projects and promoting cooperation between the business community and local residents in the 8th and 10th wards of Cleveland. With a dedicated team of 14 employees, Collinwood And Nottingham Village Development Corporation plays a crucial role in enhancing the community's overall development.
Official website here: www.greatercollinwood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. The Collinwood And Nottingham Village Development Corporation has received a Two-Star out of Four Star rating with an overall score of 72%. The organization demonstrates strong aspects in governance, with 100% of its board members being independent, which is a positive indicator of accountability. Additionally, the majority of their financial policies, including a conflict of interest policy and whistleblower policy, are documented and available.
Despite these strengths, the nonprofit faces significant limitations, particularly in financial transparency, as it received no points for financial statements and is missing its tax form on its website. Furthermore, while the organization maintains a high program expense ratio of 81.56%, indicating a focus on programmatic spending, the liabilities to assets ratio of 62.09% raises concerns about its financial health. Overall, there is a need for improvement in financial reporting to enhance transparency and trust.
This AI summary has been generated from information found on Charity Navigator.
Is Collinwood And Nottingham Village Development Corporation legitimate?
Collinwood And Nottingham Village Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Collinwood And Nottingham Village 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: $84,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $570,686
For more financial information, click here
Official website here: www.greatercollinwood.org
What is the mission statement of Collinwood And Nottingham Village Development Corporation?
The Collinwood and Nottingham Village Development Corporation is a community-based organization committed to the development or redevelopment of commercial, industrial, and residential facilities. This is done in a manner consistent with the zoning and planning regulations of the city they operate in, which is currently Cleveland. Their activities include providing technical assistance to residents, homeowners, and businesses within the community. They oversee renovation projects and promote cooperation between the business community and residents in specific wards of the city.
Official website here: www.greatercollinwood.org
Who is the CEO of Collinwood And Nottingham Village Development Corporation?
Jeannet Wright is the Executive Director of Collinwood And Nottingham Village Development Corporation.
Official website here: www.greatercollinwood.org
What is the revenue of Collinwood And Nottingham Village Development Corporation?
Collinwood And Nottingham Village Development Corporation's revenue in 2022 was $1,342,305.
Official website here: www.greatercollinwood.org
Who are the executives of Collinwood And Nottingham Village Development Corporation and what are their salaries?
The average compensation at Collinwood And Nottingham Village Development Corporation during 2022 was $46,763. There are 14 employees and 11 volunteers at Collinwood And Nottingham Village Development Corporation.
Here are 12 key members and their salaries:
- Compensation: $84,000
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.greatercollinwood.org
Where can I find the form 990 for Collinwood And Nottingham Village Development Corporation?
Collinwood And Nottingham Village Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greatercollinwood.org
Learn more at the official website: www.greatercollinwood.org
Mission Statement of Collinwood And Nottingham Village Development Corporation
Collinwood And Nottingham Village Development Corporation is a community-based organization with a mission to spearhead the development or redevelopment of commercial, industrial, and residential facilities in Collinwood. Aligning with the zoning and planning regulations of the City of Cleveland, this nonprofit organization is dedicated to providing technical assistance to residents, homeowners, and businesses in the area. Their goal is to foster cooperation between the business community and residents in the 8th and 10th wards of Cleveland, promoting renovation projects that contribute positively to the community. By focusing on development and redevelopment projects, Collinwood And Nottingham Village Development Corporation aims to enhance the overall quality of life in the Collinwood area.
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Impact
October, 2024
Collinwood and Nottingham Village Development Corporation has had a significant impact on the community through its commitment to the development and redevelopment of commercial, industrial, and residential facilities in Collinwood. By providing technical assistance to residents, homeowners, and businesses, the organization supports renovation projects that enhance the area’s infrastructure and aesthetics. This initiative fosters cooperation between the business community and residents in the 8th and 10th Wards of Cleveland, promoting economic growth and community engagement.
The corporation’s efforts help revitalize neighborhoods, improve property values, and create a more vibrant business environment. By aligning development projects with the zoning and planning regulations of the city, it ensures that growth is sustainable and beneficial to the community. Overall, the organization's work contributes to a stronger, more cohesive community where local needs and economic aspirations are addressed, thereby improving the quality of life for residents.
This information is meant to be a general summary of Collinwood And Nottingham Village 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.
- Program Service Revenue: $333,853
- Gross Receipts: $1,342,305
Assets and Liabilities:
- Total Assets: $595,474
- Total Liabilities: $369,742
- Net Assets: $225,732
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$16,000
RENTALS
Revenue
$101,090
RE SALES LAND BANK
Revenue
$216,763
Organization Details
Founding Year
1982
Phone
(216) 383-9772Principal Officer
Jeannet Wright
Main Address
15614 Saint Clair Avenue, Cleveland, OH, 44110
Website
www.greatercollinwood.orgNTEE Category
Code: S31 - Community improvement
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