Overview
What is Evergreen Cooperative Corporation?
Evergreen Cooperative Corporation is a nonprofit organization situated in Cleveland, Ohio, specifically at 540 EAST 105TH STREET. Its primary mission is twofold: firstly, to foster economic opportunity and wealth accumulation by nurturing a network of environmentally-friendly, community-driven enterprises. Secondly, it aims to contribute to the revitalization and stabilization of underprivileged neighborhoods, particularly those in the Greater University Circle region and similar areas. To achieve these objectives, Evergreen Cooperative Corporation offers educational support, management assistance, and guidance to their affiliated businesses and the local community.
Official website here: www.evergreencooperatives.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Evergreen Cooperative Corporation has received an 88% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization has a fully independent board and strong financial practices, which are key strengths that contribute to its positive evaluation. The high program expense ratio of 88.24% suggests that a significant portion of its resources is directed towards its mission-driven activities.
However, there are notable limitations in the governance practices of Evergreen Cooperative Corporation. The lack of a whistleblower policy and a document retention policy, both receiving zero points, highlights areas where the organization can improve transparency and compliance. Additionally, the absence of tax forms on the nonprofit's website may hinder potential donors' and stakeholders' ability to evaluate its financial health thoroughly.
Overall, while Evergreen Cooperative Corporation demonstrates strong financial accountability, addressing its governance shortcomings could enhance its operational transparency and build greater trust with supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Evergreen Cooperative Corporation legitimate?
Evergreen Cooperative Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Evergreen Cooperative 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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Official website here: www.evergreencooperatives.com
What is the mission statement of Evergreen Cooperative Corporation?
The Evergreen Cooperative Corporation's mission is multifaceted, aimed at fostering economic opportunities and wealth building. They accomplish this through a network of green, community-based enterprises. Additionally, the corporation seeks to stabilize and revitalize disinvested neighborhoods, similar to Greater University Circle, by promoting their community development. This mission is carried out through the support of Evergreen Business Services, Inc., which provides educational and management assistance to workers, boards, and management.
Official website here: www.evergreencooperatives.com
Who is the CEO of Evergreen Cooperative Corporation?
John Mcmicken is the Board Member of Evergreen Cooperative Corporation. The CEO's salary of Evergreen Cooperative Corporation is $0 and their total compensation is $0.
Official website here: www.evergreencooperatives.com
What is the revenue of Evergreen Cooperative Corporation?
Evergreen Cooperative Corporation's revenue in 2022 was $3,200,828.
Official website here: www.evergreencooperatives.com
Who are the executives of Evergreen Cooperative Corporation and what are their salaries?
Here are 13 key members and their salaries (Evergreen Cooperative Corporation's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.evergreencooperatives.com
Where can I find the form 990 for Evergreen Cooperative Corporation?
Evergreen Cooperative Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.evergreencooperatives.com
Learn more at the official website: www.evergreencooperatives.com
Mission Statement of Evergreen Cooperative Corporation
Evergreen Cooperative Corporation is an organization dedicated to promoting economic opportunity and wealth building in underprivileged communities. It achieves this goal by fostering a network of green, community-based enterprises. The corporation's mission extends beyond just economic growth; it also aims to promote community stabilization and revitalization in disinvested neighborhoods, similar to the Greater University Circle area. Evergreen Cooperative Corporation supports Evergreen Business Services, Inc., providing education, management assistance, and resources to workers, board members, and management, all with the intention of strengthening these community-based enterprises.
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Impact
July, 2024
Evergreen Cooperative Corporation's impact can be seen in the tangible results of its efforts to promote economic opportunity and wealth building within disinvested neighborhoods. By facilitating the establishment and growth of green, community-based enterprises, Evergreen has contributed to the revitalization and stabilization of areas like Greater University Circle. Through its comprehensive support services, including worker education, management assistance, and board support, Evergreen has enabled these enterprises to not only survive but thrive. This, in turn, has had a ripple effect on the communities it serves, creating opportunities for local residents and fostering a sense of community improvement that goes beyond mere economic transactions.
This information is meant to be a general summary of Evergreen Cooperative 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.
- Program Service Revenue: $1,432,405
- Gross Receipts: $3,200,828
Assets and Liabilities:
- Total Assets: $10,581,734
- Total Liabilities: $5,247,490
- Net Assets: $5,334,244
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Revenue
Revenue
$1,432,405
Organization Details
Founding Year
2011
Principal Officer
John Mcmicken
Main Address
540 EAST 105TH STREET, Cleveland, OH, 44108
NTEE Category
Code: S31 - Community improvement
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