Overview
What is Asbury Community Development Corp?
Asbury Community Development Corp is a charitable organization based in Flint, Michigan, with a mission to promote family development, neighborhood economic revitalization, and improve the quality of life for the surrounding community. They achieve this by engaging local residents, utilizing volunteers, and offering opportunities for youth through programs like community farming. Asbury Farms, a large-scale commercial farm on previously vacant property, employs local residents and allows community access to fresh produce. Additionally, the South Flint Soup Kitchen provides nutritious meals to anyone in need and serves as a resource center. The corporation also partners with other charitable organizations and encourages neighborhood involvement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Asbury Community Development Corp has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance with a score of 94%. This rating indicates the organization's solid financial health and commitment to transparency, which are crucial factors for potential donors looking to ensure their contributions are well-managed.
The organization demonstrates exceptional governance practices, highlighted by a board composed of 90% independent members and a comprehensive set of policies, including conflict of interest and whistleblower policies. Furthermore, their financial metrics are impressive, with a program expense ratio of 97.67%, indicating that a significant portion of their funds directly supports their missions and programs.
While the rating showcases many strengths, it is essential for potential donors to consider that the score is based solely on accountability and finance metrics. Future assessments might also benefit from evaluating other aspects such as program effectiveness and impact to provide a more holistic view of the charity's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Asbury Community Development Corp legitimate?
Asbury Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asbury Community Development Corp 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: $367,190
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What is the mission statement of Asbury Community Development Corp?
The Asbury Community Development Corp is established for charitable and educational purposes with a mission to promote family development and neighborhood economic revitalization. They enlist the help of youth and college interns to carry out their programs and activities, and they partner with other charitable organizations to leverage neighborhood resources and assets. The organization aims to improve the quality of life in the surrounding community through neighborhood revitalization. By working together, Asbury Community Development Corp seeks to empower the community and enhance its overall well-being.
Who is the CEO of Asbury Community Development Corp?
Kevin Croom is the Voting Membe of Asbury Community Development Corp.
What is the revenue of Asbury Community Development Corp?
Asbury Community Development Corp's revenue in 2022 was $858,365.
Who are the executives of Asbury Community Development Corp and what are their salaries?
The average compensation at Asbury Community Development Corp during 2022 was $7,200. There are 51 employees at Asbury Community Development Corp.
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Where can I find the form 990 for Asbury Community Development Corp?
Asbury Community Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Asbury Community Development Corp
Asbury Community Development Corporation is a charitable organization with a mission to foster family development and revitalize neighborhood economies. By enlisting the aid of youth and college interns, the corporation implements its programs and activities, aiming to improve the quality of life in the surrounding community. Additionally, Asbury Community Development Corporation partners with other charitable organizations to leverage neighborhood resources and assets, ultimately contributing to the overall betterment of the community. The corporation's primary objective is to promote neighborhood revitalization, ensuring a thriving and high-quality living environment for its residents.
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Impact
July, 2024
Asbury Community Development Corp's impact can be seen in the tangible improvements it has brought to the Eastside neighborhood of Flint, MI. Through initiatives like Asbury Farms, the organization has revitalized vacated property and established a commercial farming operation that not only provides jobs to local residents but also offers community access areas for fresh produce. The presence of Asbury Farms not only promotes healthy eating habits but also serves as a hub for community engagement and involvement.
Additionally, Asbury Community Development Corp runs the South Flint Soup Kitchen, which serves a vital role in providing healthy meals to those in need while also acting as a resource center to connect individuals with further assistance. By addressing both immediate needs and fostering long-term community development, Asbury Community Development Corp is making a real difference in the quality of life for residents in the neighboring community.
This information is meant to be a general summary of Asbury Community Development Corp. 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: $5,380
- Program Service Revenue: $82,775
- Gross Receipts: $936,013
Assets and Liabilities:
- Total Assets: $656,428
- Total Liabilities: $134,296
- Net Assets: $522,132
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT INCOME
Revenue
$58,113
LOCAL GOVT CONTRACTS
Revenue
$16,720
PRODUCT INCOME
Revenue
$7,942
Organization Details
Principal Officer
Kevin Croom
Main Address
1653 DAVISON ROAD SUITE 1, FLINT, MI, 48509
NTEE Category
Code: S20 - Community improvement
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