Overview
What is Cleveland Hungarian Development Panel?
The Cleveland Hungarian Development Panel is a nonprofit organization that primarily focuses on fostering support and sharing ideas for Hungarian initiatives. Their areas of interest encompass commerce, education, health, and human services. Notable projects include the restoration of the first Hungarian church, equipped with modern technologies, and funding for a Buchla project through the Cleveland Arts Prize. Their mission is to facilitate assistance and the exchange of innovative ideas, ultimately aiming to contribute positively to Hungarian projects in these various sectors.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)
The Cleveland Hungarian Development Panel has received a two-star rating from Charity Navigator, indicating a need for improvement in its operational and governance aspects. While the organization scores well in areas such as board independence and material diversion of assets, it struggles with other governance policies, notably lacking a whistleblower policy and document retention protocols.
Strengths of the organization include a completely independent board and a strong program expense ratio, suggesting a commitment to mission-driven programs. These aspects reflect positively on its financial accountability and transparency, which are essential for building trust with donors and stakeholders.
However, the shortcomings in governance policies, particularly the absence of crucial policies like whistleblower protection and document retention, may undermine overall effectiveness and accountability. This rating signals to potential donors that while the Cleveland Hungarian Development Panel has a solid foundation, there are significant areas needing attention to enhance its governance and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Cleveland Hungarian Development Panel legitimate?
Cleveland Hungarian Development Panel is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cleveland Hungarian Development Panel 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Cleveland Hungarian Development Panel?
The Cleveland Hungarian Development Panel is dedicated to offering assistance and facilitating the exchange of ideas for projects related to commerce, education, health, and human services, specifically focusing on initiatives originating from the Hungarian community. Their mission is achieved through various programs, such as restoring the first Hungarian church and funding projects like the Buchla project through the Cleveland Arts Prize.
Who is the CEO of Cleveland Hungarian Development Panel?
Elizabeth Papp Taylor is the Treasurer of Cleveland Hungarian Development Panel.
What is the revenue of Cleveland Hungarian Development Panel?
Cleveland Hungarian Development Panel's revenue in 2022 was $31,292.
Who are the executives of Cleveland Hungarian Development Panel and what are their salaries?
There 2 volunteers at Cleveland Hungarian Development Panel.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cleveland Hungarian Development Panel?
Cleveland Hungarian Development Panel's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cleveland Hungarian Development Panel
The Cleveland Hungarian Development Panel is an organization dedicated to offering assistance and fostering the exchange of ideas for Hungarian projects in the realms of commerce, education, health, and human services. Its primary mission involves providing support and facilitating the sharing of concepts in these sectors, aiming to advance Hungarian initiatives. The panel has executed this mission through various programs, such as funding the restoration of the first Hungarian church with technological equipment and supporting a Buchla project through the Cleveland Arts Prize. By undertaking these projects, the Cleveland Hungarian Development Panel contributes to the development and enhancement of Hungarian projects in diverse fields, thereby promoting growth and innovation within the Hungarian community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Cleveland Hungarian Development Panel has made a significant impact by providing valuable assistance and facilitating the exchange of ideas for Hungarian projects in the areas of commerce, education, health, and human services. Through its programs, such as the restoration of the first Hungarian church with technical equipment and funding for the Buchla project through the Cleveland Arts Prize, the organization has contributed to the preservation and advancement of Hungarian culture and heritage. Their work has helped support initiatives that promote Hungarian interests and foster collaboration in various sectors.
This information is meant to be a general summary of Cleveland Hungarian Development Panel. 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: $19,186
- Gross Receipts: $31,292
Assets and Liabilities:
- Total Assets: $880,070
- Total Liabilities: $0
- Net Assets: $880,070
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1994
Principal Officer
Elizabeth Papp Taylor
Main Address
3065 CHADBOURNE RD, CLEVELAND, OH, 441202446
NTEE Category
Code: Q300 - International
If you are a representative of Cleveland Hungarian Development Panel and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.