Overview
What is Hamilton Community Improvement Corp?
Hamilton Community Improvement Corp is a nonprofit organization dedicated to enhancing the visual appeal of their community. They achieve this by acquiring and eliminating vacant properties, which in turn, contributes to an improved environment. As per the provided information, they have successfully demolished two such properties and one more property in their mission to revitalize their community.
What are the reviews and ratings of this charity?
Charity Navigator rating: 67%, Two-Star out of Four Star rating.
Hamilton Community Improvement Corp has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial transparency. While the organization scores well in certain areas, like independent board composition and program expense ratio, the absence of key financial statements and policies raises red flags about its overall governance practices.
The nonprofit has demonstrated a commitment to program spending, achieving a 100% program expense ratio, which shows it prioritizes its mission. However, the lack of documented financial statements, a conflict of interest policy, and other important governance documents suggests potential areas for improvement.
Overall, while Hamilton Community Improvement Corp is actively engaged in its community improvement efforts, stakeholders may want to consider its governance practices and transparency when evaluating its effectiveness and reliability as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Hamilton Community Improvement Corp legitimate?
Hamilton Community Improvement Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hamilton Community Improvement Corp 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:
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What is the mission statement of Hamilton Community Improvement Corp?
The Hamilton Community Improvement Corp's mission is centered around enhancing the aesthetic appeal of communities. They achieve this by strategically purchasing vacant properties. By acquiring and demolishing these vacant properties, they contribute to the overall improvement of community appearances. As of the provided information, they have executed this mission by demolishing two and one vacant properties respectively.
Who is the CEO of Hamilton Community Improvement Corp?
Brendan Burns is the Trustee of Hamilton Community Improvement Corp.
What is the revenue of Hamilton Community Improvement Corp?
Hamilton Community Improvement Corp's revenue in 2022 was $4,546,508.
Who are the executives of Hamilton Community Improvement Corp and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Hamilton Community Improvement Corp?
Hamilton Community Improvement Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hamilton Community Improvement Corp
Hamilton Community Improvement Corp, as its name suggests, is dedicated to enhancing the appearance of its community. The organization achieves this mission by strategically purchasing vacant properties within the community. By acquiring these properties, Hamilton Community Improvement Corp is able to contribute to the overall aesthetic improvement of the area, thereby elevating the living standards and quality of life for its residents. In the last few years, the corporation has made significant strides in this regard, having demolished two vacant properties and one more recently. This proactive approach towards addressing vacant properties not only improves the visual appeal of the community but also contributes to a sense of safety and security for its residents.
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Impact
July, 2024
Hamilton Community Improvement Corp's impact can be seen in the tangible improvement of community appearance through the strategic purchase and demolition of vacant properties in Hamilton, Ohio. By actively addressing blight and enhancing the local landscape, this organization is contributing to the revitalization and overall well-being of the community. Their mission to enhance the community's aesthetic appeal directly translates into a more attractive and appealing environment for residents and visitors alike. Through their actions, Hamilton Community Improvement Corp is actively shaping the visual identity and livability of the city.
This information is meant to be a general summary of Hamilton Community Improvement Corp. 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: $413
- Program Service Revenue: $34,725
- Gross Receipts: $4,546,508
Assets and Liabilities:
- Total Assets: $4,275,434
- Total Liabilities: $1,000,000
- Net Assets: $3,275,434
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME CORE FUND
Revenue
$10,800
INTEREST INCOME 241 HIGH LLC
Revenue
$19,278
INTEREST INCOME VISION HAMILTON LLC
Revenue
$4,647
Organization Details
Founding Year
2014
Phone
(513) 785-7078Principal Officer
Brendan Burns
Main Address
345 HIGH STREET, HAMILTON, OH, 45011
NTEE Category
Code: S20 - Community improvement
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