Overview
What is Lower Allen Township Development Authority?
The Lower Allen Township Development Authority is a community-focused nonprofit organization, situated in Camp Hill, Pennsylvania. With a mission to promote economic growth, they engage in educational outreach toward local business leaders, supporting various development initiatives. Additionally, this organization plays an active role in acquiring and marketing properties for redevelopment purposes, aiming to contribute positively to the community's overall development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Lower Allen Township Development Authority has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. This score reflects a comprehensive assessment that focuses entirely on the organization's financial practices, highlighting its commitment to transparency and responsible governance.
Strengths of the organization include a fully independent board, proficient financial oversight, and no reported diversion of assets, which speaks to its integrity. The authority excelled in all evaluated metrics, including a perfect program expense ratio, indicating that all financial resources are directed towards its mission. Such attributes suggest a well-structured nonprofit with effective management practices.
Despite its strengths, the rating does not encompass other potential aspects of the organization's performance, such as impact or community engagement, which are important for a complete evaluation. Nonetheless, the financial accountability demonstrated by the Lower Allen Township Development Authority positions it as a trustworthy entity in its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Lower Allen Township Development Authority legitimate?
Lower Allen Township Development Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lower Allen Township Development Authority 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.
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What is the mission statement of Lower Allen Township Development Authority?
The Lower Allen Township Development Authority is committed to engaging with business leaders within the community to foster education and understanding. Additionally, they play a significant role in supporting economic growth initiatives. Another key responsibility of the authority is the acquisition and marketing of properties for redevelopment, aiming to enhance the local area. In essence, their mission is to contribute to the community's development through educational outreach, economic assistance, and property management.
Who is the CEO of Lower Allen Township Development Authority?
Max Stoner is the Chair of Lower Allen Township Development Authority.
What is the revenue of Lower Allen Township Development Authority?
Lower Allen Township Development Authority's revenue in 2022 was $2,970,522.
Who are the executives of Lower Allen Township Development Authority and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Lower Allen Township Development Authority?
Lower Allen Township Development Authority's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lower Allen Township Development Authority
Lower Allen Township Development Authority is an organization committed to three primary objectives. Firstly, it engages in educational outreach to influential business leaders within the community. This initiative aims to foster a collaborative environment that encourages economic growth and development. Secondly, the authority assists in the execution of various economic development initiatives, contributing to the overall prosperity of the community. Lastly, it plays a crucial role in the acquisition and marketing of properties for redevelopment. By transforming underutilized spaces, the Lower Allen Township Development Authority contributes to the revitalization and modernization of the community.
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Impact
October, 2024
Lower Allen Township Development Authority significantly enhances the local community through various initiatives focused on economic growth and redevelopment. By engaging in educational outreach to business leaders, the authority fosters a collaborative environment that encourages knowledge sharing and innovation. This outreach helps to empower local businesses with the information and resources they need to thrive.
Additionally, the Authority plays a crucial role in assisting economic development initiatives, which often lead to job creation and an improved economic landscape for the region. By actively acquiring and marketing properties for redevelopment, the organization not only revitalizes underutilized spaces but also attracts new investments, promoting a more vibrant community.
Overall, the impact of Lower Allen Township Development Authority is seen in the strengthened local economy, enhanced collaboration among business leaders, and the transformation of properties into valuable community assets.
This information is meant to be a general summary of Lower Allen Township Development Authority. 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: $2,672,248
- Gross Receipts: $12,645,874
Assets and Liabilities:
- Total Assets: $2,324,307
- Total Liabilities: $218,372
- Net Assets: $2,105,935
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Organization Details
Founding Year
2008
Phone
(717) 975-7575Principal Officer
Max Stoner
Main Address
2233 GETTYSBURG ROAD, CAMP HILL, PA, 17011
NTEE Category
Code: S30 - Community improvement
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