Overview
What is Gold Coast Neighbors Association?
The Gold Coast Neighbors Association is a nonprofit organization situated in Chicago, Illinois. Its primary mission involves promoting community safety and enhancing the quality of life for its members. This is achieved by hiring a private security firm to patrol the neighborhood late at night and during holidays, deterring potential offenders, monitoring for disturbances, and assisting the police in case of suspicious activity. Additionally, the association advocates for its members, serves as a forum for community issues, fosters friendship among neighbors, and supports cultural and educational initiatives. The organization's area of focus includes the Chicago neighborhood between North Avenue and Bellevue Place, and North Lake Shore Drive and Clark Street, with an aim to preserve and improve the residential integrity of the area.
Official website here: www.goldcoastneighbors.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
The Gold Coast Neighbors Association has received a Three-Star rating from Charity Navigator, reflecting an overall score of 79%. This rating is based solely on accountability and finance metrics, indicating a strong focus on the responsible management of resources. The organization excels in various areas, including having a fully independent board and no material diversion of assets.
Strengths include a high score for independent board members and a favorable liabilities to assets ratio of 0.00%. Furthermore, the charity's documentation practices, such as maintaining board meeting minutes, contribute positively to its accountability score. However, it does have some limitations, notably the absence of a whistleblower policy and a document retention and destruction policy, which may affect its overall governance practices.
Overall, while Gold Coast Neighbors Association demonstrates solid financial accountability and transparency, addressing the missing policies could enhance its governance framework. The organization shows promise in effectively utilizing its resources for community impact, as evidenced by a program expense ratio of 66.53%.
This AI summary has been generated from information found on Charity Navigator.
Is Gold Coast Neighbors Association legitimate?
Gold Coast Neighbors Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gold Coast Neighbors 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.
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For more financial information, click here
Official website here: www.goldcoastneighbors.org
What is the mission statement of Gold Coast Neighbors Association?
The Gold Coast Neighbors Association's mission is centered around fostering a sense of community and enhancing the quality of life. They accomplish this by advocating for their members, serving as a platform for discussing community issues, and promoting historical education. The association also aims to foster friendships among its neighbors and prioritizes safety, preservation, and beautification within its community. Additionally, the association supports cultural and educational offices, community centers, and other entities that share similar values. Their area of focus is primarily residential properties that hold architectural, historical, or environmental significance.
Official website here: www.goldcoastneighbors.org
Who is the CEO of Gold Coast Neighbors Association?
Amy Lemar is the President of Gold Coast Neighbors Association.
Official website here: www.goldcoastneighbors.org
What is the revenue of Gold Coast Neighbors Association?
Gold Coast Neighbors Association's revenue in 2022 was $125,964.
Official website here: www.goldcoastneighbors.org
Who are the executives of Gold Coast Neighbors Association and what are their salaries?
There 50 volunteers at Gold Coast Neighbors Association.
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Official website here: www.goldcoastneighbors.org
Where can I find the form 990 for Gold Coast Neighbors Association?
Gold Coast Neighbors Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goldcoastneighbors.org
Learn more at the official website: www.goldcoastneighbors.org
Mission Statement of Gold Coast Neighbors Association
The Gold Coast Neighbors Association, in its mission, works towards fostering a sense of community and enhancing the quality of life for its members. It achieves this by advocating on their behalf, serving as a platform for discussing community issues, and promoting historical education. The organization also plays a role in fostering friendships among its neighbors and prioritizing safety, preservation, and beautification within the community. Additionally, the Gold Coast Neighbors Association supports the preservation and improvement of properties with architectural, historical, or environmental significance in its area. The association also aligns itself with cultural and educational offices, community centers, and others sharing similar views.
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Impact
October, 2024
The Gold Coast Neighbors Association fosters a strong sense of community and significantly enhances the quality of life for residents. By advocating on behalf of its members and serving as a platform for discussing community issues, it creates a space where local voices can be heard and important topics can be addressed.
One of the key impacts of the Association is its commitment to safety. By hiring a private security firm to patrol the neighborhood during late hours on weekends and holidays, the Association actively works to deter crime and ensure residents feel secure in their environment. This initiative not only helps in reducing disturbances and suspicious activities but also provides an essential link to law enforcement when needed.
Moreover, the Association emphasizes the value of historical and architectural preservation, encouraging education around these themes. This commitment to maintaining the neighborhood’s integrity fosters pride among residents and contributes to a rich cultural heritage, enhancing the overall community experience. Through various activities that promote friendship, safety, and beautification, the Gold Coast Neighbors Association plays a vital role in creating a cohesive and vibrant community in Chicago.
This information is meant to be a general summary of Gold Coast Neighbors 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.
- Investment Income: $60
- Gross Receipts: $131,567
Assets and Liabilities:
- Total Assets: $220,476
- Total Liabilities: $0
- Net Assets: $220,476
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Organization Details
Founding Year
1956
Phone
(773) 510-7327Principal Officer
Amy Lemar
Main Address
PO BOX 101241, CHICAGO, IL, 60610
Website
www.goldcoastneighbors.orgNTEE Category
Code: A80 - Arts
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