Overview
What is Park Central Development Corporation?
Park Central Development Corporation is a nonprofit organization situated in Saint Louis, Missouri, specifically at 4512 Manchester Avenue Suite 100. Established with the mission to enhance social welfare and improve the quality of life for both residents and businesses in local neighborhoods within the city of Saint Louis, the corporation employs a team of eight individuals. Through its activities and mission, the organization aims to foster community development and contribute positively to the well-being of the city's residents and businesses.
Official website here: www.parkcentraldeveopment.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Park Central Development Corporation has received a strong rating of 86%, which reflects a solid commitment to accountability and financial management. This score is derived entirely from its Accountability & Finance metrics, showcasing the organization’s transparency and responsible stewardship of assets, with no material diversion of assets reported.
A significant strength of the organization is its governance structure, featuring a fully independent board composed of 13 members, which contributes to its high marks in this category. Additionally, it has established various essential policies, including those for conflict of interest and whistleblower protections, further demonstrating its commitment to ethical operations.
However, while the program expense ratio stands at 65.29%, which indicates a reasonable allocation towards programs, there remains room for improvement in this area to enhance the organization's overall impact. The charity’s financial health is affirmed by a low liabilities-to-assets ratio, which bodes well for its sustainability and operational efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Park Central Development Corporation legitimate?
Park Central Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Central 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: $379,584
For more financial information, click here
Official website here: www.parkcentraldeveopment.org
What is the mission statement of Park Central Development Corporation?
The Park Central Development Corporation was established with a mission to enhance social welfare and improve the quality of life within neighborhoods. This organization aims to cater to both residents and businesses in these communities, working tirelessly to promote their well-being and overall livability. By focusing on these aspects, the Park Central Development Corporation seeks to create vibrant, thriving neighborhoods that offer a high standard of living for all its inhabitants.
Official website here: www.parkcentraldeveopment.org
What is the revenue of Park Central Development Corporation?
Park Central Development Corporation's revenue in 2023 was $1,493,731.
Official website here: www.parkcentraldeveopment.org
Who are the executives of Park Central Development Corporation and what are their salaries?
The average compensation at Park Central Development Corporation during 2023 was $54,226. There are 7 employees and 14 volunteers at Park Central Development Corporation.
Here are 14 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
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.parkcentraldeveopment.org
Where can I find the form 990 for Park Central Development Corporation?
Park Central Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.parkcentraldeveopment.org
Learn more at the official website: www.parkcentraldeveopment.org
Mission Statement of Park Central Development Corporation
Park Central Development Corporation, a nonprofit organization, was established with a mission to enhance the social welfare and improve the quality of life for residents and businesses in various neighborhoods. This mission is aimed at creating a more prosperous and harmonious community within the city. The corporation's activities are centered around promoting the well-being of the people living and working in these neighborhoods, ultimately striving to create a better living environment for all.
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
July, 2024
Park Central Development Corporation's impact is significant in promoting social welfare and enhancing the quality of life in neighborhoods within the city of St. Louis. Through its initiatives and programs, the organization actively works towards fostering community improvement and creating a more vibrant and sustainable environment for residents and businesses in the region. By focusing on the well-being and development of these neighborhoods, Park Central Development Corporation plays a crucial role in driving positive change and building stronger communities within St. Louis, Missouri.
This information is meant to be a general summary of Park Central 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 2023.
- Investment Income: $5,180
- Program Service Revenue: $396,725
- Gross Receipts: $1,493,731
Assets and Liabilities:
- Total Assets: $655,228
- Total Liabilities: $11,058
- Net Assets: $644,170
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.
DEVELOPER PROJECTS
Revenue
$396,725
Organization Details
Founding Year
2002
Principal Officer
Abdul-Kaba Abdullah
NTEE Category
Code: S20 - Community improvement
If you are a representative of Park Central Development Corporation 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.