Overview
What is Area Jobs Development Association?
The Area Jobs Development Association, situated in Kankakee County, Illinois, serves as a nonprofit organization with a mission to boost industrial and commercial economic growth. Their primary focus lies in promoting employment opportunities and ensuring employment stability within the county. They achieve this goal by improving industrial real estate, thereby encouraging and fostering economic welfare and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (58%)
The Area Jobs Development Association has received a low rating of 58%, indicating significant concerns regarding its accountability and financial practices. Although the organization scores well for having a majority of independent board members and good financial ratios in program expenses, it has multiple weaknesses that impact its overall score. The absence of a website listed on its tax form, as well as several missing policies related to conflict of interest and whistleblowing, raises red flags about governance practices.
Strengths include a high program expense ratio of 99.31%, suggesting that a large portion of its funds is directed toward its programs rather than administrative costs. Additionally, the organization maintains thorough documentation of board meeting minutes, reflecting a commitment to transparency in certain areas. However, the lack of essential governance policies and a significant liabilities to assets ratio of 84.59% indicates potential risks in financial stability and operational integrity.
Overall, while the Area Jobs Development Association demonstrates a strong focus on program activities, it faces considerable challenges in governance and financial accountability. Stakeholders may want to consider these factors when evaluating the organization's effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Area Jobs Development Association legitimate?
Area Jobs Development Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Area Jobs Development Association 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 Area Jobs Development Association?
The Area Jobs Development Association's mission is focused on enhancing employment and commercial activities through the strategic utilization of industrial real estate. In pursuit of this goal, they strive to foster industrial and commercial economic growth in Kankakee County, Illinois. A significant part of their mission involves promoting employment opportunities and ensuring employment stability within the county. Overall, their aim is to contribute positively to the economic welfare of the region.
Who is the CEO of Area Jobs Development Association?
Paul Schore is the President of Area Jobs Development Association.
What is the revenue of Area Jobs Development Association?
Area Jobs Development Association's revenue in 2022 was $110,992.
Who are the executives of Area Jobs Development Association and what are their salaries?
There 5 volunteers at Area Jobs Development Association.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Area Jobs Development Association?
Area Jobs Development Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Area Jobs Development Association
The Area Jobs Development Association, a nonprofit organization, is committed to enhancing employment opportunities and stimulating commercial activity within an industrial context. Their mission, in essence, revolves around leveraging industrial real estate to foster economic growth and stability within Kankakee County, Illinois. The association aims to promote employment prospects within the county, contributing to its overall industrial and commercial welfare.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Area Jobs Development Association significantly enhances employment opportunities and fosters commercial activity in Kankakee County, IL, by focusing on the development and utilization of industrial real estate. Their efforts promote economic welfare and stimulate growth in the region, creating a more stable job market. By improving industrial infrastructure, the organization attracts businesses and encourages investment, which in turn leads to increased job creation.
Their initiatives provide vital support for local industries, fostering an environment where employment can flourish. This impact not only improves individual livelihoods but also strengthens the overall economic stability of the community, promoting a thriving local economy. As a result, Kankakee County benefits from enhanced job opportunities, contributing to a brighter future for its residents.
This information is meant to be a general summary of Area Jobs Development Association. 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.
- Program Service Revenue: $110,992
- Gross Receipts: $110,992
Assets and Liabilities:
- Total Assets: $758,554
- Total Liabilities: $662,661
- Net Assets: $95,893
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent - Real Property
Revenue
$110,992
Organization Details
Founding Year
1982
Principal Officer
Paul Schore
Main Address
200 E Court Street 602, Kankakee, IL, 60901
NTEE Category
Code: J20Z - Employment
If you are a representative of Area Jobs Development Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.