Overview
What is Parma Community Improvement Corporation?
The Parma Community Improvement Corporation, located at 6611 Ridge Road, Parma, Ohio 44129, is a dedicated nonprofit organization. Its primary goal is to stimulate, support, and boost the industrial, economic, commercial, and civic development in Parma, Ohio. This mission encompasses fostering growth in various sectors, including industries, businesses, and community projects, aiming to enhance the overall well-being and progress of the Parma community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating. This rating reflects a strong emphasis on accountability and financial management, scoring a perfect 100% in this category. The charity's overall score is derived solely from this beacon, indicating a solid foundation in financial practices and governance.
Parma Community Improvement Corporation demonstrates significant strengths, including having a fully independent board of directors, which ensures unbiased decision-making. The organization has effectively managed its resources, with a liability to assets ratio of 0.00%, suggesting no outstanding debts. Additionally, their policies on conflict of interest and document retention are robust, scoring full marks in those areas.
Despite its commendable financial accountability, the rating does not highlight programmatic effectiveness or impact measures, which may be areas for further evaluation. Overall, the nonprofit stands out for its financial integrity but could benefit from a broader assessment of its program outcomes to enhance transparency and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Parma Community Improvement Corporation legitimate?
Parma Community Improvement Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parma Community Improvement 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Parma Community Improvement Corporation?
The Parma Community Improvement Corporation's mission is centered around fostering and bolstering the industrial, economic, commercial, and civic growth in its respective community. This organization actively encourages and promotes development in these key sectors, aiming to contribute positively to its community's overall progress.
What is the revenue of Parma Community Improvement Corporation?
Parma Community Improvement Corporation's revenue in 2023 was $162,200.
Who are the executives of Parma Community Improvement Corporation and what are their salaries?
There 5 volunteers at Parma Community Improvement Corporation.
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Parma Community Improvement Corporation?
Parma Community Improvement Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Parma Community Improvement Corporation
The Parma Community Improvement Corporation, a notable entity, is dedicated to fostering, encouraging, and advocating for the industrial, economic, commercial, and civic growth of its community. This organization's mission is geared towards enhancing the overall development of its respective area, aiming to uplift various sectors and contribute to a thriving and prosperous community. The corporation serves as a catalyst for change, working tirelessly to advance the economic well-being of its community and promote a vibrant, dynamic environment.
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Impact
October, 2024
The Parma Community Improvement Corporation significantly impacts the industrial, economic, commercial, and civic development of Parma, Ohio. By focusing on enhancing the local community, it works to create a favorable environment for businesses, attract new investments, and support existing enterprises. This active engagement fosters job creation, promotes sustainable growth, and enhances the overall quality of life for residents. Additionally, the corporation's efforts contribute to the revitalization of public spaces and community infrastructure, ensuring that Parma remains a vibrant and attractive place to live and work. Overall, its initiatives play a crucial role in shaping the city's future and prosperity.
This information is meant to be a general summary of Parma Community Improvement 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 2023.
- Program Service Revenue: $6,000
- Gross Receipts: $162,200
Assets and Liabilities:
- Total Assets: $1,514,619
- Total Liabilities: $0
- Net Assets: $1,514,619
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE INCOME
Revenue
$6,000
Organization Details
Founding Year
1996
Principal Officer
Kevin Smalley
NTEE Category
Code: S20O - Community improvement
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