Overview
What is Edc Strategic Initiatives Fund?
The Edc Strategic Initiatives Fund is a charitable organization situated in Kansas City, Missouri, specifically at 300 Wyandotte Street 400. Its mission revolves around assisting both for-profit and non-profit organizations in reducing government burdens. They contribute to this goal by combating community deterioration. The organization's primary activity involves the redevelopment of centrally located industrial sites. This is achieved by merging public funds, development incentives, and private funds with development initiatives. The Edc Strategic Initiatives Fund aims to aid in revitalizing these sites, ultimately contributing to the betterment of the community.
Official website here: www.edckc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Edc Strategic Initiatives Fund has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health within the organization. The overall score is based solely on the Accountability & Finance beacon, showcasing the charity's commitment to transparency and responsible fiscal management. An exemplary 80% of the board members are independent, reflecting strong governance practices.
The organization excels in various areas of financial accountability, including a low material diversion of assets and a healthy liabilities to assets ratio of 17.18%. Furthermore, the charity maintains comprehensive policies, including conflict of interest and whistleblower protections, all of which solidify its institutional integrity. With a program expense ratio of 85.67%, the majority of its resources are directed towards its mission-driven activities.
While the data reflects a robust financial position and governance structure, continuous monitoring of these standards will be essential for ensuring sustained performance and community trust. Overall, the Edc Strategic Initiatives Fund appears to be a well-managed organization dedicated to its strategic initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Edc Strategic Initiatives Fund legitimate?
Edc Strategic Initiatives Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edc Strategic Initiatives Fund 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.edckc.com
What is the mission statement of Edc Strategic Initiatives Fund?
The Edc Strategic Initiatives Fund's mission involves assisting both for-profit and non-profit organizations in alleviating the responsibilities of the government. They aim to combat community deterioration by leveraging public funds, development incentives, and private funds and initiatives. The primary goal is to redevelop centrally located industrial sites, thereby contributing to the betterment of communities.
Official website here: www.edckc.com
Who is the CEO of Edc Strategic Initiatives Fund?
Tracey Lewis is the Vice President/Director of Edc Strategic Initiatives Fund. The CEO's salary of Edc Strategic Initiatives Fund is $0 and their total compensation is $158,016.
Official website here: www.edckc.com
What is the revenue of Edc Strategic Initiatives Fund?
Edc Strategic Initiatives Fund's revenue in 2022 was $1,105.
Official website here: www.edckc.com
Who are the executives of Edc Strategic Initiatives Fund and what are their salaries?
Here are 8 key members and their salaries (Edc Strategic Initiatives Fund's CEO's salary is $0 and their total compensation is $158,016):
- Compensation: $0
- 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: $131,739
- Other: $26,277
- Compensation: $0
- Related: $68,363
- Other: $11,775
- Compensation: $0
- Related: $170,825
- Other: $1,649
- Compensation: $0
- Related: $152,289
- Other: $0
Official website here: www.edckc.com
Where can I find the form 990 for Edc Strategic Initiatives Fund?
Edc Strategic Initiatives Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.edckc.com
Learn more at the official website: www.edckc.com
Mission Statement of Edc Strategic Initiatives Fund
The Edc Strategic Initiatives Fund is a charitable organization with a mission to aid both for-profit and non-profit entities in alleviating the responsibilities of government. Specifically, they aim to combat community deterioration by providing assistance. This mission is achieved by merging public funds and development incentives with private funds and development initiatives, leading to the redevelopment of centrally located industrial sites. By doing so, Edc Strategic Initiatives Fund contributes to lessening the burdens of government and revitalizing communities.
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Impact
October, 2024
The Edc Strategic Initiatives Fund plays a vital role in enhancing community improvement efforts in Kansas City, MO, by focusing on the redevelopment of centrally located industrial sites. By synergizing public funds and development incentives with private investment and initiatives, the Fund effectively works to combat community deterioration and alleviate governmental burdens. Its collaborative approach enables both for-profit and nonprofit organizations to tackle local challenges, fostering sustainable development and revitalization within the community. This strategic initiative not only aims to improve the physical landscape but also seeks to enhance social and economic wellbeing, thereby contributing significantly to the overall resilience and vibrancy of the area.
This information is meant to be a general summary of Edc Strategic Initiatives Fund. 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: $1,105
- Gross Receipts: $1,105
Assets and Liabilities:
- Total Assets: $397,797
- Total Liabilities: $92,179
- Net Assets: $305,618
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Organization Details
Founding Year
1980
Phone
(816) 691-2122Principal Officer
Tracey Lewis
Main Address
300 WYANDOTTE ST 400, KANSAS CITY, MO, 64105
Website
www.edckc.comNTEE Category
Code: S31 - Community improvement
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