Overview
What is Welch Center Inc?
Welch Center Inc, doing business as Valley Youth Center, is a nonprofit organization situated in Duluth, Minnesota. With a mission to promote positive development among youth, the center offers recreational and educational programs. Their primary goal is to provide youth with engaging experiences and opportunities to foster new friendships, ultimately aiming to discourage negative behavior. Operating with a team of 10 dedicated individuals, the Welch Center Inc/Valley Youth Center strives to enrich the lives of young people in their community, contributing to their personal growth and well-being.
Official website here: www.valleyyouthcenters.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Welch Center Inc D/B/A Valley Youth Center has earned a solid Three-Star rating from Charity Navigator, which indicates a good level of accountability and financial management. The overall score of 80% is derived entirely from its Accountability & Finance score, reflecting the organization's commitment to transparency and responsible stewardship of resources.
The organization demonstrates strong governance with a fully independent board consisting of 14 members, achieving the maximum points for both board independence and size. Additionally, it has a clean record with no material diversion of assets and has implemented a conflict of interest policy, bolstering its credibility in managing charitable funds effectively.
One of the notable strengths of Valley Youth Center is its high program expense ratio of 78.76%, indicating that a significant portion of its spending is directed towards its programs rather than administrative costs. However, while the overall rating is commendable, potential donors may want to explore additional aspects such as program outcomes and community impact to get a holistic view of the organization's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Welch Center Inc legitimate?
Welch Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Welch 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: $81,715
Professional Fundraising Fees: $0
Other Salaries and Wages: $122,313
For more financial information, click here
Official website here: www.valleyyouthcenters.org
What is the mission statement of Welch Center Inc?
The Welch Center Inc, operating as Valley Youth Center, has a mission to provide recreational and educational programs for youth. This mission is aimed at offering positive experiences and fostering friendships among the participants. The ultimate goal is to deter negative behavior by engaging youth in constructive activities during their leisure time. The center's programs promote social development and rehabilitation, allowing youth to fill their free time with beneficial experiences and form new friendships.
Official website here: www.valleyyouthcenters.org
What is the revenue of Welch Center Inc?
Welch Center Inc's revenue in 2023 was $370,774.
Official website here: www.valleyyouthcenters.org
Who are the executives of Welch Center Inc and what are their salaries?
The average compensation at Welch Center Inc during 2023 was $20,403. There are 10 employees at Welch Center Inc.
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Official website here: www.valleyyouthcenters.org
Where can I find the form 990 for Welch Center Inc?
Welch Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.valleyyouthcenters.org
Learn more at the official website: www.valleyyouthcenters.org
Mission Statement of Welch Center Inc
Welch Center Inc D/B/A Valley Youth Center is an organization dedicated to providing youth recreation and education programs with a unique purpose. Their mission is to foster positive experiences and friendships among young individuals, with the intent of deterring bad behavior. By offering a variety of social development and rehabilitation programs, the center provides opportunities for youth to fill their leisure time in a constructive manner, promoting the formation of positive relationships and helping to steer them away from negative activities. The center's focus is on empowering young people, offering them a safe and supportive environment to grow and develop, ultimately contributing to their overall well-being.
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Impact
July, 2024
Welch Center Inc D/B/A Valley Youth Center's impact lies in providing youth in Duluth, MN with opportunities for positive experiences and social development. By offering youth recreation and education programs, the organization aims to help young individuals fill their leisure time with constructive activities, form friendships, and steer clear of negative behaviors. Through its mission to deter bad behavior and promote youth development, Welch Center Inc D/B/A Valley Youth Center plays a crucial role in fostering a supportive and engaging environment for the youth in the community.
This information is meant to be a general summary of Welch 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.
- Investment Income: $891
- Gross Receipts: $450,523
Assets and Liabilities:
- Total Assets: $755,878
- Total Liabilities: $351,825
- Net Assets: $404,053
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Organization Details
Principal Officer
Eric Montgomery
Website
www.valleyyouthcenters.orgNTEE Category
Code: O20Z - Youth development
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