Overview
What is Ssmid Ii?
Ssmid II is a nonprofit organization situated in Clinton, Iowa. Their primary mission is to promote growth, revitalization, and redevelopment within the downtown area, combating community deterioration. They support existing businesses and properties, as well as encourage new businesses to open. Their activities include enhancing the aesthetics of downtown, such as landscaping, maintaining planters, providing snow removal services, and decorating for Christmas. With a small workforce of two individuals, Ssmid II is dedicated to contributing positively to the revitalization of Clinton, Iowa's downtown area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74% (Two-Star out of Four Stars)
Ssmid II has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scored a 74% overall, which reflects both strengths and areas for improvement in its operations. Notably, the organization demonstrates a high program expense ratio of 92.11%, suggesting that a significant portion of its resources is dedicated to its programs rather than administrative costs.
However, Ssmid II faces challenges in board governance, as it has no independent board members, resulting in a score of 0% in that category. Additionally, the charity's website is not listed on its tax form, and it has not made its tax form available on its website, which impacts its transparency. Despite these limitations, the presence of conflict of interest, whistleblower, and document retention policies indicates some commitment to ethical governance.
Overall, while Ssmid II shows a strong commitment to its programmatic mission through efficient spending, improvements in governance and transparency practices could enhance its accountability and overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Ssmid Ii legitimate?
Ssmid Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ssmid Ii 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: $27,100
For more financial information, click here
What is the mission statement of Ssmid Ii?
Ssmid II is an organization committed to promoting growth, revitalization, and redevelopment in a downtown area. Their mission is to combat community deterioration, support existing businesses and properties, and encourage the opening of new businesses. They actively contribute to the beauty of the downtown area through initiatives such as landscaping, planting, snow removal, and Christmas decorations. Their primary goal is to revitalize and strengthen the community, ultimately fostering a thriving and vibrant business environment.
Who is the CEO of Ssmid Ii?
Tim Clark is the Treasurer of Ssmid Ii.
What is the revenue of Ssmid Ii?
Ssmid Ii's revenue in 2022 was $152,030.
Who are the executives of Ssmid Ii and what are their salaries?
The average compensation at Ssmid Ii during 2022 was $13,550. There are 2 employees at Ssmid Ii.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Ssmid Ii?
Ssmid Ii's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ssmid Ii
Ssmid II, a nonprofit organization, is committed to fostering growth, revitalization, and redevelopment in its community. Its mission is twofold: firstly, to combat community deterioration; and secondly, to support existing businesses and properties while encouraging new businesses to establish themselves. In essence, Ssmid II aims to breathe new life into its community, making it a more appealing and thriving place for both residents and businesses alike.
In pursuit of this mission, Ssmid II takes a hands-on approach. It embarks on various initiatives to improve the aesthetics of its community, such as beautifying public spaces with landscaping, planting flowers in planters, ensuring streets are free of snow during winter, and decorating the area for festive occasions like Christmas. These efforts are not just superficial; they aim to create a more inviting and welcoming environment, thereby attracting both residents and businesses to the area.
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Impact
October, 2024
Ssmid II plays a vital role in the growth and revitalization of downtown Clinton, IA, addressing community deterioration and fostering a vibrant economic environment. Their initiatives focus on beautifying the area through landscaping, planters, snow removal, and festive Christmas decorations, which enhance the aesthetic appeal and draw visitors. By providing support to existing businesses and encouraging the opening of new enterprises, Ssmid II contributes to a thriving local economy. This community-focused approach not only attracts customers but also nurtures a sense of pride and engagement among residents, ultimately leading to a more dynamic and prosperous downtown.
This information is meant to be a general summary of Ssmid Ii. 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: $145,187
- Gross Receipts: $152,030
Assets and Liabilities:
- Total Assets: $35,895
- Total Liabilities: $2,487
- Net Assets: $33,408
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY TAX
Revenue
$108,489
EVENTS AND MISC
Revenue
$27,834
PPP LOAN FORGIVEN
Revenue
$8,864
Organization Details
Principal Officer
Tim Clark
Main Address
PO BOX 485, CLINTON, IA, 52733
NTEE Category
Code: S99 - Community improvement
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