Overview
What is Metro Community Developmentinc?
Metro Community Developmentinc is a nonprofit organization situated in Flint, Michigan, with a focus on enhancing community housing initiatives. They establish partnerships, organize meetings, and assist in funding projects to improve neighborhoods and communities in Flint and Genesee County. Their mission includes fostering entrepreneurs, growing small businesses, and developing affordable housing to prepare families for homeownership. Additionally, Metro Community Developmentinc provides funding to sub-recipient organizations, aiding in the delivery of services and initiatives that improve neighborhood and community quality. They also run programs like the Chronic Homeless Initiative and Homeless Prevention and Rapid-Rehousing, which aim to provide permanent supportive housing for the chronically homeless and offer rental assistance.
Official website here: www.metrocommunitydevelopment.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Metro Community Development Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial integrity. The organization scored 90% in Accountability & Finance, demonstrating robust oversight with an independent board comprised entirely of independent members and a solid track record of financial management. Their program expense ratio of 94.39% indicates that a significant portion of their funds is directed towards program services.
In addition to financial transparency, Metro Community Development has policies in place to promote ethical practices, including a conflict of interest policy and a whistleblower policy. Their comprehensive auditing and oversight measures further enhance their credibility, as evidenced by their perfect scores in essential areas like material diversion of assets and liabilities to assets ratio.
While the organization has a strong focus on governance and finance, they also scored well in the Culture & Community category with a score of 91%. This suggests that they actively foster a positive organizational culture and community engagement, though specific details on community impact were not provided. Overall, Metro Community Development Inc stands out as a trustworthy nonprofit with a strong operational foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Metro Community Developmentinc legitimate?
Metro Community Developmentinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metro Community Developmentinc 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: $119,663
Professional Fundraising Fees: $0
Other Salaries and Wages: $847,553
For more financial information, click here
Official website here: www.metrocommunitydevelopment.com
What is the mission statement of Metro Community Developmentinc?
Metro Community Developmentinc's mission is centered around building partnerships to foster economic opportunities and promote vibrant and prosperous communities. They actively support entrepreneurs and small businesses, and also focus on developing affordable housing and preparing families for homeownership. The organization enhances community housing initiatives through various means, including meetings, funding projects, and strategic planning. They also provide funding to subrecipient organizations that work on improving neighborhoods and communities. Metro Community Developmentinc runs initiatives such as the Chronic Homeless Initiative and homeless prevention and rapid-rehousing programs, aimed at providing permanent supportive housing and rental assistance for chronically homeless individuals.
Official website here: www.metrocommunitydevelopment.com
Who is the CEO of Metro Community Developmentinc?
Brian Glowiak is the Chair of Metro Community Developmentinc. The CEO's salary of Metro Community Developmentinc is $175,923 and their total compensation is $175,923.
Official website here: www.metrocommunitydevelopment.com
What is the revenue of Metro Community Developmentinc?
Metro Community Developmentinc's revenue in 2022 was $4,633,690.
Official website here: www.metrocommunitydevelopment.com
Who are the executives of Metro Community Developmentinc and what are their salaries?
The average compensation at Metro Community Developmentinc during 2022 was $42,053. There are 23 employees and 14 volunteers at Metro Community Developmentinc.
Here are 15 key members and their salaries (Metro Community Developmentinc's CEO's salary is $175,923 and their total compensation is $175,923):
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Official website here: www.metrocommunitydevelopment.com
Where can I find the form 990 for Metro Community Developmentinc?
Metro Community Developmentinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.metrocommunitydevelopment.com
Learn more at the official website: www.metrocommunitydevelopment.com
Mission Statement of Metro Community Developmentinc
Metro Community Developmentinc, as a nonprofit organization, is committed to building partnerships and creating economic opportunities that contribute to vibrant and prosperous communities. Their mission is twofold: firstly, they foster entrepreneurs and aid in the growth of small businesses. Secondly, they develop affordable housing and prepare families for homeownership. By engaging with local groups, securing funding for projects, and devising strategic plans, Metro Community Developmentinc aims to enhance community housing initiatives. They also provide funding to subrecipient organizations that provide services and develop initiatives to improve the quality of neighborhoods and communities across Flint and Genesee County. In addition, their Chronic Homeless Initiative, Homeless Prevention, and Rapid-Rehousing programs work to establish permanent supportive housing for chronically homeless individuals and provide rental assistance to prevent homelessness.
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Impact
July, 2024
Metro Community Developmentinc's impact is seen in the vibrant and prosperous communities it helps create through building partnerships and fostering entrepreneurship. By developing affordable housing and preparing families for homeownership, Metro Community Developmentinc enhances community housing initiatives and improves the quality of neighborhoods in Flint and Genesee County. Additionally, their programs to address chronic homelessness and provide rapid rehousing assistance contribute to developing permanent supportive housing for those in need. Through their efforts, Metro Community Developmentinc plays a vital role in community improvement and economic opportunity development.
This information is meant to be a general summary of Metro Community Developmentinc. 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: $80,834
- Program Service Revenue: $567,969
- Gross Receipts: $5,763,975
Assets and Liabilities:
- Total Assets: $15,522,758
- Total Liabilities: $7,028,937
- Net Assets: $8,493,821
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS REC
Revenue
$448,172
FACILITY RENTAL
Revenue
$99,080
FEES FOR SERVICES
Revenue
$20,717
Organization Details
Founding Year
1992
Phone
(810) 767-4622Principal Officer
Brian Glowiak
Main Address
1174 ROBERT T LONGWAY BLVD, FLINT, MI, 48503
NTEE Category
Code: S21Z - Community improvement
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