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Pottawattamie County Development Corporation

The 712 Initiative

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421459560 ✦ Council bluffs, IA ✦ Designated as a 501(c)(3)

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Overview

What is Pottawattamie County Development Corporation?

Pottawattamie County Development Corporation, operating under the initiative named "The 712," is a nonprofit organization situated in Council Bluffs, Iowa. Their primary objective is to enhance the economic vitality in redevelopment areas through investments in the built environment and activating public spaces. They achieve this by delivering programs that boost social engagement and promote healthy lifestyles. Their initiatives include neighborhood networking, block parties, and movie nights, all designed to strengthen community relationships. They also offer assistance for home improvements and rehabilitate and sell homes, as demonstrated in 2022. The 712 Initiative employs a team of 10 individuals dedicated to improving their community.


Official website here: www.the712initative.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Stars)

The Pottawattamie County Development Corporation has achieved a strong 92% rating from Charity Navigator, earning it a Four-Star designation. This high score is primarily based on their exemplary accountability and finance practices, indicating that the organization utilizes its funds responsibly and effectively for its mission.

Strengths highlighted include a fully independent board, robust financial oversight mechanisms, and a commitment to transparency through policies such as conflict of interest and whistleblower protections. The organization also demonstrates fiscal strength, maintaining a low liability-to-assets ratio and dedicating a significant portion of its expenses to programmatic activities, with 93% allocated directly to its programs.

While the overall assessment is overwhelmingly positive, the rating does not delve into qualitative aspects such as community impact or stakeholder feedback. Users may benefit from exploring additional resources to gain a fuller understanding of the nonprofit's effectiveness in achieving its goals within the community.


This AI summary has been generated from information found on Charity Navigator.

Is Pottawattamie County Development Corporation legitimate?

Pottawattamie County Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pottawattamie County 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:

Executive Compensation: $111,658
Professional Fundraising Fees: $0
Other Salaries and Wages: $263,096

For more financial information, click here


Official website here: www.the712initative.org

What is the mission statement of Pottawattamie County Development Corporation?

The Pottawattamie County Development Corporation's mission is centered around improving the economic vitality of redevelopment areas. They achieve this by investing in the built environment, activating public spaces, and delivering programs that boost social engagement and promote healthy lifestyles. The organization's initiatives aim to strengthen neighborhoods across the city, increase public engagement in redevelopment projects, public space improvements, and community events. The 712 Initiative, a part of the corporation, provides support to neighborhoods and organizes events like block parties and movie nights to foster neighborhood relationships. They also host events like Rock the Block and offer assistance to individuals seeking to improve their homes, as seen through the AMP Program and home rehabilitation projects.


Official website here: www.the712initative.org

Who is the CEO of Pottawattamie County Development Corporation?

Amy Carolus is the Principal Officer of Pottawattamie County Development Corporation. The CEO's salary of Pottawattamie County Development Corporation is $107,523 and their total compensation is $111,658.


Official website here: www.the712initative.org

What is the revenue of Pottawattamie County Development Corporation?

Pottawattamie County Development Corporation's revenue in 2022 was $4,004,166.


Official website here: www.the712initative.org

Who are the executives of Pottawattamie County Development Corporation and what are their salaries?

The average compensation at Pottawattamie County Development Corporation during 2022 was $37,475. There are 10 employees and 715 volunteers at Pottawattamie County Development Corporation.


Here are 10 key members and their salaries (Pottawattamie County Development Corporation's CEO's salary is $107,523 and their total compensation is $111,658):


Sheryl Garst (Chief Executive Officer)
  • Compensation: $107,523
  • Related: $0
  • Other: $4,135
Pete Petersen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Hanafan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Rollins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikki Rauth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judd Cochran (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Cleaveland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Fletcher (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wyatt Greenwood (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Mcdermott (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.the712initative.org

Where can I find the form 990 for Pottawattamie County Development Corporation?

Pottawattamie County Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.the712initative.org

Learn more at the official website: www.the712initative.org

Mission Statement of Pottawattamie County Development Corporation

The Pottawattamie County Development Corporation, often referred to as The 712 Initiative, is dedicated to enhancing the economic vitality of redevelopment areas. They achieve this by investing in the built environment, activating public spaces, and delivering programs that foster social engagement and promote healthy lifestyles. By doing so, they aim to improve the overall quality of life in these areas.

To accomplish this mission, The 712 Initiative engages in various activities. One such initiative is Neighborhood Networking, a program that strengthens neighborhoods city-wide. This is achieved through programming that increases public engagement in redevelopment projects, public space improvements, and community events. The organization even provides a block party trailer equipped with games and equipment to help neighborhoods strengthen relationships. Additionally, The 712 Initiative hosts movie nights and events like Rock the Block, offering assistance to individuals to make improvements to their homes through the AMP Program. In 2022, The 712 Initiative also rehabilitated and sold two homes.

In summary, The Pottawattamie County Development Corporation, or The 712 Initiative, is committed to revitalizing redevelopment areas. They achieve this by investing in the built environment, activating public spaces, and delivering programs that foster social engagement and promote healthy lifestyles. Their Neighborhood Networking program is a key component of this mission, engaging communities and providing resources to strengthen neighborhoods and improve the overall quality of life in these areas.

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Impact




July, 2024

The Pottawattamie County Development Corporation, through its 712 Initiative, is making a significant impact on the economic vitality and social engagement in Council Bluffs. By focusing on investments in the built environment, activating public spaces, and delivering programs that promote healthy lifestyles, the organization is improving redevelopment areas and strengthening neighborhoods city-wide.

One of the key ways the organization is making a difference is through neighborhood networking. By providing general support and increasing public engagement in redevelopment projects, public space improvements, and community events, the 712 Initiative is fostering stronger relationships within the community. The initiative's Block Party Trailer, equipped with games and activities, is a tangible example of how neighborhoods can come together and build connections.

Moreover, the 712 Initiative's efforts extend to improving individual homes through programs like Rock the Block and the AMP program, which provide assistance to residents looking to make improvements. By rehabilitating and selling homes, the initiative is not only enhancing the physical environment but also contributing to the overall economic development of the area.

Overall, the Pottawattamie County Development Corporation's 712 Initiative is playing a vital role in community improvement, creating a more vibrant and connected Council Bluffs for its residents.




This information is meant to be a general summary of Pottawattamie County 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.

Revenue
$4,004,166 (2022)
Expenses
$1,459,822 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $314
  • Program Service Revenue: $611,575
  • Gross Receipts: $4,509,856

Assets and Liabilities:

  • Total Assets: $14,638,209
  • Total Liabilities: $5,406,170
  • Net Assets: $9,232,039

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FINANCING REVENUE

Revenue

$36,136

EVENT AND PRGRAM REVENU

Revenue

$38,568

RENTAL REVENUE

Revenue

$460,628

DEVELOPMENT MANAGEMENT

Revenue

$76,243

Organization Details

Founding Year

1997

Principal Officer

Amy Carolus

Main Address

1228 S MAIN ST, Council Bluffs, IA, 51503

NTEE Category

Code: S31Z - Community improvement

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