Overview
What is Trotwood Community Improvement Corporation?
The Trotwood Community Improvement Corporation is a nonprofit organization situated in Trotwood, Ohio. Their primary mission is to stimulate, encourage, and boost industrial, commercial, housing, and civic development within the city. By carrying out this mission, they aim to contribute positively to the growth and improvement of Trotwood. The corporation's activities are geared towards fostering a thriving and vibrant community.
Official website here: www.trotwood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Trotwood Community Improvement Corporation has received a two-star rating from Charity Navigator with an overall score of 73%. This rating highlights some strengths in their governance, particularly with a fully independent board and no reported material diversion of assets. Their program expense ratio is also commendable, indicating that a significant majority of funds are directed toward their programs.
However, there are notable limitations in their accountability practices. The organization lacks a whistleblower policy and a document retention and destruction policy, which are critical for ensuring transparency and safeguarding against potential misconduct. While they have documented board meeting minutes, these missing policies could raise concerns about the overall governance framework.
In summary, while Trotwood Community Improvement Corporation demonstrates strong financial responsibility and governance through an independent board and effective allocation of resources, improvements are necessary in their accountability measures to enhance trust and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Trotwood Community Improvement Corporation legitimate?
Trotwood Community Improvement Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trotwood Community Improvement 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: $0
For more financial information, click here
Official website here: www.trotwood.org
What is the mission statement of Trotwood Community Improvement Corporation?
The Trotwood Community Improvement Corporation is committed to fostering industrial, commercial, housing, and civic development within its community. Its mission is to encourage and promote growth in these sectors, working towards the betterment of the community as a whole. By advancing these developments, the corporation aims to contribute positively to the local economy and improve the overall living standards of its inhabitants.
Official website here: www.trotwood.org
Who is the CEO of Trotwood Community Improvement Corporation?
Chris Peeples is the Board Member of Trotwood Community Improvement Corporation.
Official website here: www.trotwood.org
What is the revenue of Trotwood Community Improvement Corporation?
Trotwood Community Improvement Corporation's revenue in 2022 was $2,866,218.
Official website here: www.trotwood.org
Who are the executives of Trotwood Community Improvement Corporation and what are their salaries?
There 10 volunteers at Trotwood Community Improvement Corporation.
Here are 7 key members and their salaries:
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Official website here: www.trotwood.org
Where can I find the form 990 for Trotwood Community Improvement Corporation?
Trotwood Community Improvement Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trotwood.org
Learn more at the official website: www.trotwood.org
Mission Statement of Trotwood Community Improvement Corporation
Trotwood Community Improvement Corporation, as its name suggests, is an organization committed to fostering growth and advancement in various sectors within a city. Its mission is centered around promoting industrial, commercial, housing, and civic development. In simpler terms, the corporation strives to enhance the economic and social fabric of the community it serves, aiming to improve the overall quality of life for its inhabitants. It encourages and supports initiatives that lead to industrial and commercial development, providing opportunities for businesses to thrive. Furthermore, it is dedicated to the improvement of housing conditions, ensuring that residents have access to safe and comfortable living spaces. Lastly, the corporation plays a significant role in civic development, contributing to the betterment of community facilities and initiatives that foster a sense of unity and engagement among its residents.
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Impact
July, 2024
Trotwood Community Improvement Corporation plays a vital role in advancing and promoting industrial, commercial, housing, and civic development in Trotwood, Ohio. Through its activities and initiatives, the corporation makes a significant impact on the overall growth and well-being of the community. Its efforts contribute to enhancing the local economy, creating job opportunities, improving living conditions, and fostering a sense of community pride. The corporation's mission aligns with the goal of making Trotwood a better place to live, work, and thrive for all its residents.
This information is meant to be a general summary of Trotwood Community Improvement 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.
- Investment Income: $1,844
- Program Service Revenue: $449,359
- Gross Receipts: $2,866,218
Assets and Liabilities:
- Total Assets: $5,433,424
- Total Liabilities: $0
- Net Assets: $5,433,424
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EARNEST MONEY REC'D
Revenue
$6,000
MISCELLANEOUS
Revenue
$11,736
OPTION FEES
Revenue
$25,000
PROPERTY SALES
Revenue
$406,623
Organization Details
Founding Year
2013
Phone
(937) 837-7771Principal Officer
Chris Peeples
Main Address
3035 OLIVE ROAD, TROTWOOD, OH, 45426
Website
www.trotwood.orgNTEE Category
Code: S30 - Community improvement
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