Overview
What is Corporation For Global Community Development?
Corporation for Global Community Development is a nonprofit organization committed to uplifting low to moderate income individuals and communities across the state. They strive to combat hunger, enhance social well-being, and foster personal development through various programs. Their initiatives extend to food outreach, senior housing, and educational support services, including afterschool programs and a virtual learning incubator. The organization also runs the Hearts of Compassion transitional housing project, providing a safe and supportive environment for individuals in need. Their mission encompasses promoting growth and development, with a focus on children, adults, and senior citizens.
Official website here: www.cgcdms.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The Corporation For Global Community Development has received an overall rating of 84%, indicating a solid performance in accountability and finance. The score reflects a strong emphasis on financial stewardship, as evidenced by a program expense ratio of 98.28%, which shows that nearly all funds are directed toward their mission-related programs.
The organization demonstrates good governance practices with a fully independent board and no reported material diversions of assets. However, it does have some gaps, such as the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are noted in their accountability assessment.
Despite these limitations, the financial health of the nonprofit appears robust, with no liabilities and a sound financial statement review process. The salaries of key personnel are disclosed, providing transparency about compensation; the founder's salary, for instance, is reported at $238,545. Overall, while there are areas for improvement, the Corporation For Global Community Development shows a commitment to responsible management and effective use of donations.
This AI summary has been generated from information found on Charity Navigator.
Is Corporation For Global Community Development legitimate?
Corporation For Global Community Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corporation For Global Community Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cgcdms.org
What is the mission statement of Corporation For Global Community Development?
The Corporation for Global Community Development was established with the purpose of fostering growth and development among low to moderate income individuals and communities across the state. They achieve this by addressing issues such as hunger and improving social well-being, while also providing educational programs for children, adults, and senior citizens. The organization further alleviates these challenges by offering transitional housing projects and youth educational support services, including afterschool programming and a virtual learning incubator. The Corporation for Global Community Development's mission is to uplift its community members, ensuring they have access to essential personal development opportunities.
Official website here: www.cgcdms.org
What is the revenue of Corporation For Global Community Development?
Corporation For Global Community Development's revenue in 2023 was $585,466.
Official website here: www.cgcdms.org
Who are the executives of Corporation For Global Community Development and what are their salaries?
There 320 volunteers at Corporation For Global Community Development.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $6,199
- Other: $0
- Compensation: $0
- Related: $69,469
- Other: $6,180
- Compensation: $0
- Related: $72,675
- Other: $4,120
- Compensation: $0
- Related: $215,865
- Other: $48,410
- Compensation: $0
- Related: $69,189
- Other: $50,470
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cgcdms.org
Where can I find the form 990 for Corporation For Global Community Development?
Corporation For Global Community Development's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cgcdms.org
Learn more at the official website: www.cgcdms.org
Mission Statement of Corporation For Global Community Development
Corporation for Global Community Development is committed to fostering the growth and development of low to moderate income individuals and communities across the state. This nonprofit organization achieves its mission by addressing three key areas: alleviating hunger, elevating social well-being, and providing personal development and educational programs for children, adults, and senior citizens.
In the fight against hunger, Corporation for Global Community Development extends its reach through food outreach initiatives. By doing so, the organization ensures that those in need have access to nourishing meals, thereby addressing a fundamental aspect of their well-being. Moreover, the nonprofit is dedicated to enhancing social well-being within the communities it serves. This is accomplished through various programs and resources that contribute to the overall improvement of living standards.
Beyond these essential services, Corporation for Global Community Development also provides educational opportunities for children, adults, and senior citizens. Their offerings encompass afterschool programming and a virtual learning incubator, ensuring that individuals at every stage of life have access to quality education. Furthermore, the organization operates the Hearts of Compassion transitional housing project, which offers supportive housing solutions for those seeking to rebuild their lives.
In summary, Corporation for Global Community Development is a nonprofit organization that actively seeks to promote the growth and development of low to moderate income individuals and communities. Through its initiatives in food outreach, senior housing, education, and scholarships, the organization addresses pressing needs, such as hunger and social well-being, while also investing in the future by offering educational opportunities and supportive housing solutions.
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Impact
July, 2024
Corporation For Global Community Development impacts the community through various initiatives such as food outreach, senior housing, education, and scholarships. This organization is dedicated to promoting the growth and development of low to moderate-income individuals and communities in Mississippi. By alleviating hunger, enhancing social well-being, and offering personal development opportunities, they make a significant difference in the lives of many. In addition to these efforts, they provide educational support services for youth, including afterschool programs and a virtual learning incubator. One notable project they undertake is the Hearts of Compassion transitional housing project. Through their holistic approach, Corporation For Global Community Development positively affects the well-being and prospects of children, adults, and senior citizens in the community.
This information is meant to be a general summary of Corporation For Global Community Development. 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.
- Program Service Revenue: $75,141
- Gross Receipts: $597,388
Assets and Liabilities:
- Total Assets: $346,551
- Total Liabilities: $0
- Net Assets: $346,551
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING RENTALS
Revenue
$56,542
PROGRAM SERVICE FEES
Revenue
$14,599
CAMPGROUND RENTALS
Revenue
$4,000
Organization Details
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