Overview
What is The Greater Noakhli Society(Usa) Inc?
The Greater Noakhli Society(Usa) Inc is a nonprofit organization situated in Brooklyn, New York, specifically at 118 Beverley Road. Established with a mission to foster economic growth among individuals hailing from Noakhali, Bangladesh living in the United States, this organization aims to enhance their wellbeing. Their primary activities involve dispensing welfare payments to those in need. Additionally, they are committed to investing in infrastructure within the community, with the proceeds being channeled towards exempt purposes such as education, religious, and training initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 27%
The Greater Noakhli Society (USA) Inc has received a low score of 27%, resulting in a Zero-Star out of Four Star rating. This rating indicates significant concerns regarding the charity's accountability and financial transparency. While the organization boasts a fully independent board, its lack of financial statements and missing essential policies raises red flags about its operational practices and governance.
Despite having no material diversion of assets and maintaining adequate board meeting documentation, the absence of a website, conflict of interest policy, whistleblower policy, and document retention practices suggests inadequate organizational oversight. The financial metrics are concerning, particularly the low program expense ratio of 33.44%, which indicates that a substantial portion of funds may not be directed towards its charitable programs.
Overall, the Greater Noakhli Society appears to have foundational strengths in governance with an independent board; however, its significant shortcomings in financial transparency and accountability call into question its effectiveness and reliability as a nonprofit organization. Potential donors and volunteers may want to consider these factors before engaging with the charity.
This AI summary has been generated from information found on Charity Navigator.
Is The Greater Noakhli Society(Usa) Inc legitimate?
The Greater Noakhli Society(Usa) Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Greater Noakhli Society(Usa) Inc 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:
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What is the mission statement of The Greater Noakhli Society(Usa) Inc?
The Greater Noakhli Society(Usa) Inc's mission is centered around promoting economic development for individuals hailing from the Noakhali area of Bangladesh, residing in the United States. The organization's primary objective is to enhance the economic welfare of these individuals. They also invest in infrastructure, with the earnings being allocated towards exempt purposes such as education, religious, and training initiatives. The Society's operations often involve providing welfare payments to individuals in need.
Who is the CEO of The Greater Noakhli Society(Usa) Inc?
Nazmul H Manik is the President of The Greater Noakhli Society(Usa) Inc.
What is the revenue of The Greater Noakhli Society(Usa) Inc?
The Greater Noakhli Society(Usa) Inc's revenue in 2022 was $661,463.
Who are the executives of The Greater Noakhli Society(Usa) Inc and what are their salaries?
Here are 17 key members and their salaries:
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Where can I find the form 990 for The Greater Noakhli Society(Usa) Inc?
The Greater Noakhli Society(Usa) Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Greater Noakhli Society(Usa) Inc
The Greater Noakhli Society(Usa) Inc, as a nonprofit organization, is established with the primary objective of fostering economic development among individuals hailing from the Noakhali region of Bangladesh residing in the United States. Its mission is centered around enhancing the economic wellbeing of this community. The organization invests in infrastructure, and the revenue generated from these investments is channeled towards exempt purposes such as education, religious activities, and training. One of the ways they contribute to this cause is by providing welfare payments to individuals in need. This support is instrumental in uplifting the economic status of the community, thereby enabling them to lead more prosperous lives in their adopted homeland.
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Impact
July, 2024
The Greater Noakhli Society(Usa) Inc's impact is focused on promoting economic development among the people from the Noakhali area of Bangladesh who reside in the United States. The organization works towards improving the economic wellbeing of this community by investing in infrastructure projects whose income is then used for exempt purposes such as education, religious activities, and training. Their activities include providing welfare payments to individuals in need. Their mission is rooted in supporting the economic progress and welfare of the Noakhali community in the USA.
This information is meant to be a general summary of The Greater Noakhli Society(Usa) Inc. 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: $612,990
- Gross Receipts: $669,113
Assets and Liabilities:
- Total Assets: $1,448,278
- Total Liabilities: $0
- Net Assets: $1,448,278
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$612,990
Organization Details
Founding Year
2000
Phone
(718) 436-4601Principal Officer
Nazmul H Manik
Main Address
118 BEVERLEY ROAD, BROOKLYN, NY, 11218
NTEE Category
Code: P84 - Human services
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