Overview
What is Southeast Neighborhood Development Inc?
Southeast Neighborhood Development Inc, located in Indianapolis, Indiana, is a dedicated nonprofit organization with a focus on housing and economic development. Their primary mission is to assist low-income homeowners by providing necessary home repairs. This organization aims to improve living conditions for these individuals, thereby contributing to the overall well-being of the community. With a workforce of 11 dedicated employees, Southeast Neighborhood Development Inc is committed to making a meaningful impact in its local area.
Official website here: www.sendcdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)
Southeast Neighborhood Development Inc has achieved a commendable Four-Star rating from Charity Navigator, which reflects its strong performance in accountability and finance. With a score of 92%, the organization demonstrates effective financial management and transparency, ensuring that funds are utilized responsibly. The rating is based entirely on accountability and finance metrics, emphasizing the charity's commitment to maintaining high standards in these areas.
The organization excels in several key areas, including having a fully independent board with 100% of its members meeting the independence criteria. It also boasts a solid score for its audit and oversight practices, with no material diversion of assets reported. Its adherence to governance policies, such as conflict of interest and whistleblower protections, further supports its transparency and commitment to ethical operations.
However, while the program expense ratio is relatively strong at 66.91%, it still leaves room for improvement, suggesting that a portion of funds may not be directed toward programs as efficiently as possible. Overall, Southeast Neighborhood Development Inc showcases a well-governed and financially sound nonprofit, although continued efforts to enhance program efficiency could strengthen its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Southeast Neighborhood Development Inc legitimate?
Southeast Neighborhood Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Neighborhood Development 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: $88,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $120,800
For more financial information, click here
Official website here: www.sendcdc.org
What is the mission statement of Southeast Neighborhood Development Inc?
Southeast Neighborhood Development Inc is committed to focusing on housing and economic development, specifically for low-income individuals. Their mission is to provide assistance in making necessary home repairs to low-income homeowners, thereby improving their living conditions. This organization's activities aim to enhance the economic well-being of these individuals, promoting a more equitable community.
Official website here: www.sendcdc.org
Who is the CEO of Southeast Neighborhood Development Inc?
Kelli Mirgeaux is the Vice Chair of Southeast Neighborhood Development Inc.
Official website here: www.sendcdc.org
What is the revenue of Southeast Neighborhood Development Inc?
Southeast Neighborhood Development Inc's revenue in 2021 was $1,016,697.
Official website here: www.sendcdc.org
Who are the executives of Southeast Neighborhood Development Inc and what are their salaries?
The average compensation at Southeast Neighborhood Development Inc during 2021 was $18,982. There are 11 employees and 65 volunteers at Southeast Neighborhood Development Inc.
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- Compensation: $88,000
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Official website here: www.sendcdc.org
Where can I find the form 990 for Southeast Neighborhood Development Inc?
Southeast Neighborhood Development Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.sendcdc.org
Learn more at the official website: www.sendcdc.org
Mission Statement of Southeast Neighborhood Development Inc
Southeast Neighborhood Development Inc, a not-for-profit organization, is dedicated to housing and economic development, with a particular focus on low-income individuals. Their mission is to provide necessary assistance for home repairs to low-income homeowners, thereby contributing to the improvement and upkeep of their living spaces. This commitment to housing is a significant part of their overall strategy to uplift economically disadvantaged individuals, enabling them to maintain decent homes and live with dignity. By addressing home repair needs, Southeast Neighborhood Development Inc plays a vital role in promoting stable living conditions and fostering community development.
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Impact
October, 2024
Southeast Neighborhood Development Inc significantly impacts low-income individuals through its dedicated efforts in housing and economic development. By providing essential assistance programs, the organization helps low-income homeowners make necessary repairs to their homes, ensuring that they can maintain safe and stable living conditions. This support not only improves the quality of life for residents but also contributes to the overall revitalization of neighborhoods in Indianapolis.
Through its focus on community improvement, Southeast Neighborhood Development Inc fosters a greater sense of belonging and stability among residents, empowering them to invest in their homes and communities. The organization’s work promotes economic empowerment by increasing property values and encouraging community investment, which benefits the broader Indianapolis area. Overall, Southeast Neighborhood Development Inc plays a crucial role in enhancing both the living conditions of individuals and the cohesion of the community at large.
This information is meant to be a general summary of Southeast Neighborhood Development 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 2021.
- Investment Income: $54,508
- Gross Receipts: $1,792,901
Assets and Liabilities:
- Total Assets: $5,233,256
- Total Liabilities: $752,419
- Net Assets: $4,480,837
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Organization Details
Founding Year
1983
Phone
(317) 634-5079Principal Officer
Kelli Mirgeaux
Main Address
3230 SOUTHEASTERN AVENUE, INDIANAPOLIS, IN, 46203
Website
www.sendcdc.orgNTEE Category
Code: S21Z - Community improvement
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