Overview
What is Urban Development Center Inc?
Urban Development Center Inc, situated in Pensacola, Florida, serves as a nonprofit organization with a threefold mission. Their primary focus is on empowering marginalized urban individuals through job training and service placement. They offer comprehensive programs that cater to both adults and youth, ensuring they acquire the necessary skills to thrive in the job market. Additionally, the organization extends its services to businesses, providing them with training and on-the-job opportunities. Furthermore, Urban Development Center Inc plays a crucial role in fostering organizational capacities within urban communities, contributing to their overall development and sustainability.
Official website here: www.theudc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%)
Urban Development Center Inc has been rated with a two-star rating, indicating that while the organization is performing well in some areas, there are significant opportunities for improvement. The organization has received a perfect score for accountability and finance, showcasing its sound financial practices and governance policies. In particular, it boasts an independent board with a strong presence, as well as effective policies for conflict of interest and asset diversion.
However, the organization faces challenges in certain operational aspects. Notably, it has not established policies for whistleblower protections and document retention, which are critical for promoting transparency and accountability within the organization. Additionally, it lacks a significant number of independent board members, which raises questions about governance diversity. Improvements in these areas could enhance the organization's overall rating and effectiveness.
While the organization has strengths in financial management, addressing its governance and operational shortcomings will be essential for Urban Development Center Inc to improve its ratings and better serve its mission. The commitment to accountability is commendable, but without comprehensive policies in place, the organization may face challenges in fostering trust and ensuring long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Urban Development Center Inc legitimate?
Urban Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Development 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: $105,759
Professional Fundraising Fees: $0
Other Salaries and Wages: $118,085
For more financial information, click here
Official website here: www.theudc.org
What is the mission statement of Urban Development Center Inc?
The Urban Development Center Inc is an organization with a three-pronged focus, dedicated to enhancing workforce, business, and organizational capacities within urban communities. Its mission, in simpler terms, involves providing job training and service placement opportunities for marginalized urban individuals, as well as offering business training and on-the-job training (OJT) services. The organization aims to empower these communities by fostering personal and professional growth.
Official website here: www.theudc.org
What is the revenue of Urban Development Center Inc?
Urban Development Center Inc's revenue in 2023 was $294,927.
Official website here: www.theudc.org
Who are the executives of Urban Development Center Inc and what are their salaries?
The average compensation at Urban Development Center Inc during 2023 was $111,922. There are 2 employees at Urban Development Center Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.theudc.org
Where can I find the form 990 for Urban Development Center Inc?
Urban Development Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theudc.org
Learn more at the official website: www.theudc.org
Mission Statement of Urban Development Center Inc
Urban Development Center Inc is an organization with a mission to enhance the capacities of urban communities. They focus on three key areas: workforce development, business growth, and organizational strengthening. Their primary objective is to equip marginalized individuals in urban areas with the necessary skills and opportunities. This encompasses job training and service placement for adults and youth, as well as offering business training and on-the-job-training (OJT) programs. By doing so, Urban Development Center Inc aims to foster a self-sustaining community where individuals can contribute positively to their urban environment.
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Impact
October, 2024
Urban Development Center Inc significantly impacts urban communities by enhancing workforce, business, and organizational capacities for marginalized individuals. By offering targeted job training and service placement, it prepares both adults and youth for the complexities of the modern job market. The organization focuses on equipping participants with the skills needed to secure employment, thereby fostering economic stability and growth within these communities.
Additionally, Urban Development Center Inc provides business training and on-the-job experiences that empower entrepreneurs and local businesses, crucial for driving local economic development. This trilateral approach not only uplifts individuals but also strengthens the overall fabric of the community in Pensacola, Florida, promoting sustainable improvement and enhancing quality of life for residents. Through these initiatives, Urban Development Center Inc plays a vital role in transforming the landscape of urban communities by providing essential resources and support for growth and success.
This information is meant to be a general summary of Urban Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $294,927
- Gross Receipts: $294,927
Assets and Liabilities:
- Total Assets: $17,274
- Total Liabilities: -$16,651
- Net Assets: $33,925
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Revenue
Revenue
$294,927
Organization Details
Founding Year
2013
Principal Officer
Jessica A Griffen
Website
www.theudc.orgNTEE Category
Code: S02 - Community improvement
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