Overview
What is Northeast Community Development Corporation?
The Northeast Community Development Corporation, recognized as Northeast Minneapolis Arts District, is a nonprofit organization situated at 2505 Howard Street NE, Minneapolis, Minnesota 55418. Committed to fostering economic and residential development in the Northeast Minneapolis area, the corporation plays a significant role in catalyzing the innovative spirit of artists through generative community arts development. By engaging with local artists, this nonprofit aims to contribute to the overall growth and vitality of the community.
Official website here: www.northeastminneapolisartsdistri
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Stars
Northeast Community Development Corporation has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 83%. This rating indicates a strong performance in accountability and financial health, with a notable program expense ratio of 94.80%, suggesting that the majority of funds are directed towards its programs and services.
The organization demonstrates excellent governance, with a fully independent board and no material diversion of assets. Key policies, such as the conflict of interest policy, are in place, showcasing a commitment to maintaining transparency and integrity. However, the absence of a whistleblower policy and a document retention and destruction policy indicates areas that could be improved for greater accountability.
While the organization excels in many financial aspects, the noted limitations in governance policies suggest that there is room for improvement. Overall, Northeast Community Development Corporation shows a strong commitment to its mission and effective use of resources, but addressing the gaps in policy could strengthen its operational integrity further.
This AI summary has been generated from information found on Charity Navigator.
Is Northeast Community Development Corporation legitimate?
Northeast Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeast 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:
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For more financial information, click here
Official website here: www.northeastminneapolisartsdistri
What is the mission statement of Northeast Community Development Corporation?
The Northeast Community Development Corporation (Northeast CDC) is a nonprofit organization with a mission to stimulate creativity among artists through community arts development. Their primary goal is to foster and nurture economic and residential growth in the community. The organization aims to catalyze innovative ideas through their arts development initiatives.
Official website here: www.northeastminneapolisartsdistri
Who is the CEO of Northeast Community Development Corporation?
Jennifer Young is the Vice Preside of Northeast Community Development Corporation.
Official website here: www.northeastminneapolisartsdistri
What is the revenue of Northeast Community Development Corporation?
Northeast Community Development Corporation's revenue in 2022 was $41,279.
Official website here: www.northeastminneapolisartsdistri
Who are the executives of Northeast Community Development Corporation and what are their salaries?
There 16 volunteers at Northeast Community Development Corporation.
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Official website here: www.northeastminneapolisartsdistri
Where can I find the form 990 for Northeast Community Development Corporation?
Northeast Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.northeastminneapolisartsdistri
Learn more at the official website: www.northeastminneapolisartsdistri
Mission Statement of Northeast Community Development Corporation
The Northeast Community Development Corporation, a nonprofit organization, is dedicated to stimulating the creative potential of artists within the context of community development. Through their generative community arts development initiatives, they aim to foster innovation and progress in Northeast Minneapolis. Their mission is multifaceted, encompassing the economic and residential growth of the neighborhood.
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Impact
August, 2024
Northeast Community Development Corporation in Minneapolis is making a tangible impact by driving and nurturing economic and residential development in Northeast Minneapolis. Through its activities to catalyze the innovative spirit of artists via generative community arts development, the organization is actively contributing to community improvement. Its mission to support economic growth and enhance the quality of life in the area shows a dedication to fostering a vibrant and sustainable community.
This information is meant to be a general summary of Northeast 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.
- Investment Income: $5
- Program Service Revenue: $2,330
- Gross Receipts: $42,031
Assets and Liabilities:
- Total Assets: $56,838
- Total Liabilities: $0
- Net Assets: $56,838
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NE INSIGHTS PAGE/NEWSLETTER
Revenue
$2,330
Organization Details
Phone
(612) 627-9366Principal Officer
Jennifer Young
Main Address
2505 HOWARD ST NE, MINNEAPOLIS, MN, 55418
NTEE Category
Code: S20 - Community improvement
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