Overview
What is United North East Community Development Corporation?
The United North East Community Development Corporation, located in Indianapolis, Indiana, is a nonprofit organization dedicated to improving living conditions for residents and businesses on the northeast side of the city. Through grants received from community development funding sources, they facilitate diverse housing options, serve low-income residents, enhance neighborhood assets, develop business opportunities, and educate the community. Their mission is to elevate the quality of life for neighborhood residents and other stakeholders, striving to create a thriving and inclusive community. With a team of five dedicated individuals, UNEC plays a significant role in shaping the future of the northeast side of Indianapolis.
Official website here: www.unecdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
United North East Community Development Corporation has earned a Two-Star rating from Charity Navigator, reflecting a score of 73%. While the organization demonstrates a strong commitment to accountability with 100% independent board members and a high program expense ratio of 78.05%, there are significant concerns regarding transparency and governance practices.
The nonprofit has received low scores for financial reporting, as it lacks essential financial statements and has not posted its tax form on its website. Additionally, the absence of a whistleblower policy and document retention policy raises questions about its internal governance practices. However, it should be noted that the organization has no recorded material diversion of assets, indicating sound operational integrity.
In summary, while United North East Community Development Corporation shows strengths in board independence and program expenditures, it faces critical areas for improvement regarding transparency and financial documentation. These factors contribute to its overall rating and may influence potential donors' perceptions and trust in the organization.
This AI summary has been generated from information found on Charity Navigator.
Is United North East Community Development Corporation legitimate?
United North East Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. United North East Community 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,069
For more financial information, click here
Official website here: www.unecdc.org
What is the mission statement of United North East Community Development Corporation?
The United North East Community Development Corporation's mission is centered around enhancing the quality of life for neighborhood residents and stakeholders. They achieve this by promoting diverse housing options, serving low-income residents, developing neighborhood assets, fostering business opportunities, and educating the community. Their goal is to improve living conditions for both residents and businesses in the specified area, utilizing grants obtained from community development funding sources.
Official website here: www.unecdc.org
Who is the CEO of United North East Community Development Corporation?
Ashley Gurvitz is the Exec Directo of United North East Community Development Corporation.
Official website here: www.unecdc.org
What is the revenue of United North East Community Development Corporation?
United North East Community Development Corporation's revenue in 2022 was $971,319.
Official website here: www.unecdc.org
Who are the executives of United North East Community Development Corporation and what are their salaries?
The average compensation at United North East Community Development Corporation during 2022 was $40,014. There are 5 employees at United North East Community Development Corporation.
Here are 10 key members and their salaries:
- Compensation: $64,000
- Related: $0
- Other: $5,627
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.unecdc.org
Where can I find the form 990 for United North East Community Development Corporation?
United North East Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unecdc.org
Learn more at the official website: www.unecdc.org
Mission Statement of United North East Community Development Corporation
United North East Community Development Corporation (UNEC) is committed to enhancing the lives of neighborhood residents and stakeholders. Their mission is multifaceted, encompassing the facilitation of diverse housing options, serving low-income residents, enhancing neighborhood assets, fostering business opportunities, and educating the community. By leveraging grants from community development funding sources, UNEC strives to improve living conditions for both residents and businesses on the northeast side of Indianapolis, Indiana. This organization is dedicated to uplifting the quality of life in their community by providing a range of opportunities and resources.
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Impact
October, 2024
United North East Community Development Corporation elevates the quality of life for residents in the Northeast side of Indianapolis by facilitating diverse housing options and serving low-income families. Its comprehensive approach addresses essential needs by enhancing neighborhood assets and developing business opportunities, fostering a thriving community environment.
By focusing on education and community engagement, it empowers residents with the knowledge and resources necessary for improving their living conditions. Through strategic use of grants from community development funding sources, the organization builds a foundation for sustainable growth and opportunity, ultimately transforming the neighborhood into a more vibrant and prosperous place for all stakeholders.
This information is meant to be a general summary of United North East Community 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.
- Investment Income: $78,300
- Gross Receipts: $971,319
Assets and Liabilities:
- Total Assets: $3,200,440
- Total Liabilities: $307,102
- Net Assets: $2,893,338
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Organization Details
Founding Year
1995
Phone
(317) 546-6240Principal Officer
Ashley Gurvitz
Main Address
3908 MEADOWS DRIVE 2ND FLR 208, INDIANAPOLIS, IN, 46205
Website
www.unecdc.orgNTEE Category
Code: L80 - Housing
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