Overview
What is Inner City Redevelopment Corporation Inc?
Inner City Redevelopment Corporation Inc is a nonprofit organization situated in Long Beach, Mississippi (MS 39560). Their primary mission is to revitalize designated urban areas within Milwaukee, Wisconsin, through collaborative efforts with local communities, foundations, private organizations, and public entities. This collaborative work aims to breathe new life into the chosen target areas by pooling resources and expertise, ultimately contributing to the overall improvement and development of Milwaukee's urban center.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Inner City Redevelopment Corporation Inc has received a Three-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The rating is based solely on their performance in this area, reflecting a solid foundation for operational integrity. The organization's most recent fiscal year assessment shows commendable practices, particularly in governance, with 71% of its board members being independent.
The nonprofit excels in various metrics, such as having no material diversion of assets, which underscores its transparency and responsible financial management. It also documents board meeting minutes and has a clear conflict of interest policy in place. The organization's liabilities to assets ratio stands at a low 2.31%, demonstrating effective management of resources.
Despite these strengths, it is important for potential donors and stakeholders to consider the overall context of the organization beyond the financial metrics. While the high program expense ratio of 78.06% suggests a focus on direct mission-related activities, there may be other qualitative factors to evaluate further when assessing the nonprofit's overall impact and effectiveness in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Inner City Redevelopment Corporation Inc legitimate?
Inner City Redevelopment Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inner City Redevelopment Corporation 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: $61,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Inner City Redevelopment Corporation Inc?
The Inner City Redevelopment Corporation Inc is committed to revitalizing designated target areas within an urban center, specifically in Wisconsin. They achieve this mission through collaborative efforts with local community groups, foundations, private organizations, and public entities. This collaborative work aims to breathe new life into these target areas, fostering a sense of renewal and transformation. The corporation's approach is creative and coordinated, ensuring a comprehensive revitalization process.
Who is the CEO of Inner City Redevelopment Corporation Inc?
J Allen Stokes is the Executive Vp/President of Inner City Redevelopment Corporation Inc.
What is the revenue of Inner City Redevelopment Corporation Inc?
Inner City Redevelopment Corporation Inc's revenue in 2022 was $57,993.
Who are the executives of Inner City Redevelopment Corporation Inc and what are their salaries?
There 6 volunteers at Inner City Redevelopment Corporation Inc.
Here are 7 key members and their salaries:
- Compensation: $48,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $13,000
- 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
Where can I find the form 990 for Inner City Redevelopment Corporation Inc?
Inner City Redevelopment Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Inner City Redevelopment Corporation Inc
Inner City Redevelopment Corporation Inc is committed to revitalizing designated target areas within an urban center, specifically Milwaukee, Wisconsin. This nonprofit organization achieves this mission by collaborating creatively with local community groups, foundations, private organizations, and public entities. The collaboration aims to breathe new life into these targeted areas, fostering a sense of improvement and renewal in the community. By working together, Inner City Redevelopment Corporation Inc seeks to ensure the overall revitalization of the urban center, contributing to a more vibrant and thriving community.
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
August, 2024
Inner City Redevelopment Corporation Inc's impact can be seen in the transformation of designated target areas in the urban center of Milwaukee, Wisconsin. Through creative, coordinated collaboration with local community groups, foundations, private organizations, and public entities, this organization has been actively working to revitalize and improve the designated neighborhoods in Milwaukee. Their ongoing efforts are contributing to the enhancement of the community, fostering economic development, and creating a more vibrant and sustainable urban environment.
This information is meant to be a general summary of Inner City Redevelopment Corporation 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 2022.
- Investment Income: $23,544
- Program Service Revenue: $24,449
- Gross Receipts: $57,993
Assets and Liabilities:
- Total Assets: $556,829
- Total Liabilities: $12,935
- Net Assets: $543,894
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.
PROPERTY MANAGEMENT
Revenue
$24,449
Organization Details
Founding Year
1978
Phone
(414) 276-5285Principal Officer
J Allen Stokes
Main Address
208 CHURCH LN, LONG BEACH, MS, 39560
NTEE Category
Code: S30Z - Community improvement
If you are a representative of Inner City Redevelopment Corporation Inc 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.