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Mount Zion Economic Community Center Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 352202310 ✦ Summit, MS ✦ Designated as a 501(c)(3)

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Overview

What is Mount Zion Economic Community Center Inc?

Mount Zion Economic Community Center Inc is a nonprofit organization with a charitable and educational mission. While the specific details about their activities and initiatives are not provided, the information suggests that their purpose is focused on bettering their community. It is not specified what kind of educational or charitable work they undertake, but their name implies a commitment to empowering the economic well-being of their community.


Official website here: www.mtzionecommunitycenter.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Mount Zion Economic Community Center Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. With a score of 81%, the organization demonstrates effective management of its funds, ensuring that a significant portion is directed towards its programs, as evidenced by a program expense ratio of 84.17%. This highlights their commitment to maximizing the impact of donations received.

The organization shows robust governance practices, with 100% of its board members being independent, which helps in maintaining unbiased decision-making. Additionally, they have established comprehensive policies including conflict of interest and whistleblower protections, further promoting transparency and integrity within the organization. Their fiscal health is also notable, with a low liabilities to assets ratio of 9.44%, indicating stability in their financial standing.

While the financial and governance metrics are strong, the rating is solely based on the Accountability & Finance category, suggesting that there may be limited information available regarding other operational aspects such as program effectiveness and community impact. Nonetheless, the organization’s current practices indicate a responsible approach to resource management and governance.


This AI summary has been generated from information found on Charity Navigator.

Is Mount Zion Economic Community Center Inc legitimate?

Mount Zion Economic Community Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Zion Economic Community Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $599,927

For more financial information, click here


Official website here: www.mtzionecommunitycenter.net

What is the mission statement of Mount Zion Economic Community Center Inc?

Mount Zion Economic Community Center Inc operates with a charitable and educational purpose at its core. Their mission is centered around this, striving to serve an undisclosed community. While the provided information is limited, it suggests that their mission likely involves contributing positively to the community through educational initiatives. However, without further details, it's challenging to provide a more specific mission statement.


Official website here: www.mtzionecommunitycenter.net

Who is the CEO of Mount Zion Economic Community Center Inc?

Benton Thompson is the Office Direc of Mount Zion Economic Community Center Inc.


Official website here: www.mtzionecommunitycenter.net

What is the revenue of Mount Zion Economic Community Center Inc?

Mount Zion Economic Community Center Inc's revenue in 2022 was $1,051,732.


Official website here: www.mtzionecommunitycenter.net

Who are the executives of Mount Zion Economic Community Center Inc and what are their salaries?

The average compensation at Mount Zion Economic Community Center Inc during 2022 was $16,665. There are 36 employees and 4 volunteers at Mount Zion Economic Community Center Inc.


There is 1 key member and their salary:


Benton Thompson (Office Direc)
  • Compensation: $54,878
  • Related: $0
  • Other: $0


Official website here: www.mtzionecommunitycenter.net

Where can I find the form 990 for Mount Zion Economic Community Center Inc?

Mount Zion Economic Community Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mtzionecommunitycenter.net

Learn more at the official website: www.mtzionecommunitycenter.net

Mission Statement of Mount Zion Economic Community Center Inc

Mount Zion Economic Community Center Inc is dedicated to serving a charitable and educational purpose. Its mission, as stated, is not explicitly provided in the given information. However, based on the general term "charitable educational purposes," we can infer that the center aims to contribute positively to its community through educational programs and charitable activities. The center may focus on various aspects of education, such as literacy, vocational training, or community awareness, and its charitable work could involve social services, community development projects, or fundraising events. Without specific details, it's challenging to provide a more precise summary of Mount Zion Economic Community Center Inc's mission.

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Impact




October, 2024

Mount Zion Economic Community Center Inc plays a significant role in enhancing the local community by focusing on charitable educational purposes. Based in Summit, MS, the center provides valuable resources and activities that foster recreation and personal development. Through its programs, it promotes community engagement and helps individuals gain skills and knowledge essential for personal and professional growth. The center serves as a hub for social interaction and support, contributing positively to the quality of life in the area.




This information is meant to be a general summary of Mount Zion Economic Community Center 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.

Revenue
$1,051,732 (2022)
Expenses
$1,257,247 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,400
  • Program Service Revenue: $295,717
  • Gross Receipts: $1,051,732

Assets and Liabilities:

  • Total Assets: $753,522
  • Total Liabilities: $125,544
  • Net Assets: $627,978

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TRANSPORTATION SERVICES

Revenue

$256,888

FARES

Revenue

$38,829

Organization Details

Founding Year

2003

Principal Officer

Benton Thompson

Main Address

4027 FRED MARTIN ROAD, SUMMIT, MS, 39666

NTEE Category

Code: N31 - Recreation

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