Overview
What is Philadelphia Area Cooperative Alliance?
The Philadelphia Area Cooperative Alliance (PACA) is a nonprofit organization situated in Philadelphia, Pennsylvania. With a mission to uplift the lives of the community, PACA focuses on supporting democratically organized businesses and fostering the cooperative movement. They accomplish this through various activities, such as offering free business development, technical assistance, and resources to cooperatives in low-income communities. In 2022, they conducted programs like Study Circles, Community Voices, and workshops to further the cooperative development. PACA also plays an essential role in educating the public and cooperative workers about the cooperative business model and its significance in promoting economic justice. Their team consists of 8 dedicated individuals.
Official website here: www.philadelphia.coop
Is Philadelphia Area Cooperative Alliance legitimate?
Philadelphia Area Cooperative Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philadelphia Area Cooperative Alliance 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: $58,947
Professional Fundraising Fees: $0
Other Salaries and Wages: $208,194
For more financial information, click here
Official website here: www.philadelphia.coop
What is the mission statement of Philadelphia Area Cooperative Alliance?
The Philadelphia Area Cooperative Alliance's mission is centered around enhancing people's lives by fostering democratically organized businesses, promoting the principles of the international cooperative movement, and expanding the cooperative economy. The organization's primary objective is to improve the quality of life in its community by providing free business development, technical assistance, and support to cooperatives in low-income areas. Furthermore, the alliance educates the public and cooperative workers about the cooperative business model and its role in supporting economic justice movements. In 2022, the organization hosted various programs, such as study circles, community voices, and workshops, relevant to cooperative development.
Official website here: www.philadelphia.coop
What is the revenue of Philadelphia Area Cooperative Alliance?
Philadelphia Area Cooperative Alliance's revenue in 2023 was $411,744.
Official website here: www.philadelphia.coop
Who are the executives of Philadelphia Area Cooperative Alliance and what are their salaries?
The average compensation at Philadelphia Area Cooperative Alliance during 2023 was $38,163. There are 7 employees and 12 volunteers at Philadelphia Area Cooperative Alliance.
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- Compensation: $55,000
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- Other: $3,947
Official website here: www.philadelphia.coop
Where can I find the form 990 for Philadelphia Area Cooperative Alliance?
Philadelphia Area Cooperative Alliance's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.philadelphia.coop
Learn more at the official website: www.philadelphia.coop
Mission Statement of Philadelphia Area Cooperative Alliance
Philadelphia Area Cooperative Alliance, often abbreviated as PACA, is dedicated to enhancing the lives of people in the Philadelphia region. Their mission is multifaceted, focusing on three key areas. Firstly, they support democratically organized businesses, fostering an environment where collective decision-making and shared ownership thrive. Secondly, PACA promotes the principles of the international cooperative movement, advocating for a cooperative economy that prioritizes fairness, equality, and community empowerment. Lastly, they work towards growing the cooperative economy, providing a platform for cooperatives to flourish and contribute to social justice movements.
In practical terms, PACA engages in co-op development and education. This involves offering free business development, technical assistance, and support to cooperatives in low-income communities. They also educate the public and individuals working in cooperatives about the cooperative business model, its benefits, and its role in promoting economic justice. In 2022, PACA organized several programs, including study circles, the Community Voices program, and workshops relevant to cooperative development, furthering their mission to support and promote cooperatives in the Philadelphia region.
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Impact
October, 2024
The Philadelphia Area Cooperative Alliance (PACA) significantly impacts the Philadelphia region by fostering democratic economic structures through cooperative business development. By offering free technical assistance and support to cooperatives, particularly in low-income communities, PACA plays a pivotal role in empowering individuals and promoting economic justice.
In 2022, PACA engaged in various initiatives, such as study circles and workshops focused on cooperative development, educating both the public and those involved in cooperatives about the principles and benefits of this business model. This educational outreach not only enhances knowledge but also cultivates a strong community of mutual benefit among participants.
Through its commitment to supporting the cooperative economy and promoting the international cooperative movement, PACA strengthens local economies, fosters community engagement, and improves the overall quality of life for residents in the Philadelphia area. This cooperative approach serves as a foundation for creating inclusive and sustainable economic opportunities that uplift individuals and communities alike.
This information is meant to be a general summary of Philadelphia Area Cooperative Alliance. 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.
- Investment Income: $188
- Program Service Revenue: $2,178
- Gross Receipts: $411,744
Assets and Liabilities:
- Total Assets: $265,266
- Total Liabilities: $28,903
- Net Assets: $236,363
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$2,178
Organization Details
Founding Year
2013
Principal Officer
Brad Forbes
Website
www.philadelphia.coopNTEE Category
Code: Y19 - Mutual benefit
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