Overview
What is Fcbc Community Development Corporation?
The Fcbc Community Development Corporation, situated in New York City, primarily focuses on two key areas: affordable housing and educational assistance for the community of Harlem. With a team of one dedicated individual, they strive to enhance living conditions and provide valuable educational resources to local residents. Their mission is multifaceted, encompassing both the physical environment and the intellectual growth of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating. This high score indicates that Fcbc Community Development Corporation excels in accountability and finance, reflecting a strong commitment to transparency and responsible management of resources.
The organization has achieved perfect scores in key areas such as having a fully independent board and maintaining robust financial oversight, with an impressive program expense ratio of 91.58%. This indicates that the majority of funds are used directly for programs rather than administrative costs, suggesting effective allocation of resources towards its mission.
While the rating is commendable, it is important to keep in mind that the score is based entirely on the accountability and finance beacon. This focus does not encompass other potential areas of performance, such as program impact or community engagement, which might also be relevant to stakeholders evaluating the nonprofit's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Fcbc Community Development Corporation legitimate?
Fcbc Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fcbc Community Development 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $310,734
For more financial information, click here
What is the mission statement of Fcbc Community Development Corporation?
The Fcbc Community Development Corporation is dedicated to serving its community by promoting the development of affordable housing and offering educational programs and assistance to its residents. Their mission is centered around improving the living conditions and providing educational resources for individuals residing in Harlem, New York City. The organization actively works towards this goal by providing necessary aid and resources, thereby empowering its community members.
Who is the CEO of Fcbc Community Development Corporation?
Adel Attalla is the Pres of Fcbc Community Development Corporation.
What is the revenue of Fcbc Community Development Corporation?
Fcbc Community Development Corporation's revenue in 2022 was $1,036,821.
Who are the executives of Fcbc Community Development Corporation and what are their salaries?
The average compensation at Fcbc Community Development Corporation during 2022 was $310,734. There is 1 employee at Fcbc Community Development Corporation.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
Where can I find the form 990 for Fcbc Community Development Corporation?
Fcbc Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fcbc Community Development Corporation
FCBC Community Development Corporation is committed to a mission that encompasses the development of affordable housing and the provision of educational programs and assistance to the residents of Harlem, New York City. This nonprofit organization seeks to enhance the living conditions and opportunities for the community by focusing on two key areas: affordable housing and education.
By pursuing the development of affordable housing, FCBC Community Development Corporation aims to make living in Harlem more accessible and affordable for its residents. This involves working towards creating homes that fit within the financial means of the community, thereby contributing to a more stable and thriving neighborhood. Alongside their housing initiatives, the organization also offers educational programs and assistance to the residents of Harlem. This includes providing resources and support to help individuals and families improve their skills, knowledge, and overall well-being.
In essence, FCBC Community Development Corporation is dedicated to improving the lives of Harlem's residents by addressing two critical needs: affordable housing and education. By addressing these needs, the organization aims to contribute to a stronger, more prosperous community.
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Impact
July, 2024
Fcbc Community Development Corporation's impact in Harlem, NYC, is evident through its efforts to develop affordable housing and provide educational programs and assistance to the local residents. By focusing on community improvement, this organization contributes to creating a more sustainable and empowered environment for individuals and families in need. The initiatives undertaken by Fcbc Community Development Corporation have a direct and positive influence on the lives of those residing in Harlem, enabling them to access opportunities for personal growth and improved living conditions.
This information is meant to be a general summary of Fcbc Community Development 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: $45,823
- Gross Receipts: $1,036,821
Assets and Liabilities:
- Total Assets: $128,909
- Total Liabilities: $5,030
- Net Assets: $123,879
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program income
Revenue
$45,823
Organization Details
Founding Year
2012
Phone
(212) 864-5976Principal Officer
Adel Attalla
Main Address
1912 ADAM CLAYTON POWELL JR BLVD, NEW YORK, NY, 10026
NTEE Category
Code: S99 - Community improvement
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