Overview
What is Perfecting Community Development Corporation?
Perfecting Community Development Corporation is a nonprofit organization committed to fostering community advancement. Their primary mission involves promoting positive growth and enhancing neighborhood development and improvement. They achieve this goal through their diverse programs, acting as a catalyst for community development. The corporation serves as a vital entity, helping shape and improve communities across various aspects.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
Perfecting Community Development Corporation has received a strong rating of 90%, indicating a high level of accountability and financial health. This score is derived entirely from its Accountability & Finance metrics, showcasing the organization’s commitment to transparency and responsible management of funds.
The organization scores exceptionally well across various financial criteria, including a 100% independent board and a program expense ratio of 85.36%, meaning a significant portion of its expenditures goes directly to its programs. Furthermore, it has demonstrated effective governance practices, such as having documented board meeting minutes and a conflict of interest policy in place.
While the organization has excelled in financial management and governance, no specific details on its program outcomes or community impact are provided in the rating summary. Thus, while the financial metrics are strong, interested parties may wish to seek additional information regarding the effectiveness of its programs in achieving community development goals.
This AI summary has been generated from information found on Charity Navigator.
Is Perfecting Community Development Corporation legitimate?
Perfecting Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Perfecting Community 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: $276,560
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Perfecting Community Development Corporation?
Perfecting Community Development Corporation's mission is centered around fostering constructive advancement and aiding in the development of communities. Acting as a catalyst for community, neighborhood, and improvement initiatives, the organization strives to encourage positive growth through various programs. In essence, Perfecting Community Development Corporation serves as a driving force for community development and enhancement.
Who is the CEO of Perfecting Community Development Corporation?
Pastor Marvin Winans is the President of Perfecting Community Development Corporation.
What is the revenue of Perfecting Community Development Corporation?
Perfecting Community Development Corporation's revenue in 2022 was $740,196.
Who are the executives of Perfecting Community Development Corporation and what are their salaries?
There 15 volunteers at Perfecting Community Development Corporation.
Here are 4 key members and their salaries:
- Compensation: $276,560
- 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 Perfecting Community Development Corporation?
Perfecting Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Perfecting Community Development Corporation
Perfecting Community Development Corporation, as a non-profit organization, is committed to fostering progress and enhancing community development. Acting as a community, neighborhood development, and improvement entity, the corporation focuses on promoting positive growth through various programs. By operating in this capacity, Perfecting Community Development Corporation aims to contribute to the betterment of the communities they serve.
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Impact
July, 2024
Perfecting Community Development Corporation positively impacts the Detroit community by promoting growth and development through various programs. The organization operates as a community, neighborhood development, and improvement entity, working towards enhancing the overall quality of life in the area. Through their initiatives, they contribute to building a stronger and more resilient community and help foster positive change within Detroit.
This information is meant to be a general summary of Perfecting Community 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 2022.
- Program Service Revenue: $356,599
- Gross Receipts: $740,196
Assets and Liabilities:
- Total Assets: $293,631
- Total Liabilities: $9,681
- Net Assets: $283,950
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Soar Program
Revenue
$37,005
Amelia Agnes Program
Revenue
$319,594
Organization Details
Founding Year
1992
Phone
(423) 892-4882Principal Officer
Pastor Marvin Winans
Main Address
7616 E NEVADA, DETROIT, MI, 48234
NTEE Category
Code: S300 - Community improvement
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