Overview
What is Urban Manufacturing Alliance Inc?
Urban Manufacturing Alliance Inc, situated in Brooklyn, New York, is a nonprofit organization with a mission to foster and nurture the manufacturing sector within urban areas. By bringing together various stakeholders, UMA aims to establish best practices in economic development. In 2022, the organization continued to enhance its organizational structure while advancing its objectives across three primary areas: place-based strategies, inclusive workforce, and catalytic capital. With a team of 10 dedicated individuals, UMA strives to create a vibrant and sustainable manufacturing sector, contributing to inclusive economic development.
Official website here: www.urbanmfg.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Urban Manufacturing Alliance Inc has received a strong score of 88% from Charity Navigator, indicating a solid level of accountability and financial health. This rating is based entirely on the organization's Accountability & Finance score, which reflects its commitment to transparency and sound financial practices. Notably, the charity has achieved full points for independent board membership and financial oversight, demonstrating a robust governance structure.
Despite its strengths, there are areas where Urban Manufacturing Alliance Inc could improve. The organization lacks a whistleblower policy and a document retention and destruction policy, which are important for ensuring ethical operations and protecting sensitive information. Additionally, the nonprofit has not posted its tax form on its website as required, which can hinder transparency.
Overall, Urban Manufacturing Alliance Inc shows a commendable effort in maintaining financial integrity and accountability. However, addressing the noted deficiencies in policy documentation and information sharing would enhance its credibility and trustworthiness within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Urban Manufacturing Alliance Inc legitimate?
Urban Manufacturing Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Manufacturing Alliance 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:
Executive Compensation: $142,264
Professional Fundraising Fees: $0
Other Salaries and Wages: $306,530
For more financial information, click here
Official website here: www.urbanmfg.org
What is the mission statement of Urban Manufacturing Alliance Inc?
The Urban Manufacturing Alliance Inc (UMA) is a coalition dedicated to sustaining and promoting the growth of manufacturing within urban environments. UMA serves as a platform for bringing together various participants to establish best practices in economic development. Their mission is to foster a thriving manufacturing sector, contributing to inclusive and sustainable economic growth. Throughout 2022, UMA has been working on strengthening its organizational structure and achieving objectives across its three programmatic pillars: Place-based Strategies, Inclusive Workforce, and Catalytic Capital. However, further details about these pillars and their specific goals are not provided in the available information.
Official website here: www.urbanmfg.org
Who is the CEO of Urban Manufacturing Alliance Inc?
Nepal Asatthawasi is the Program And Membership Director of Urban Manufacturing Alliance Inc.
Official website here: www.urbanmfg.org
What is the revenue of Urban Manufacturing Alliance Inc?
Urban Manufacturing Alliance Inc's revenue in 2022 was $811,443.
Official website here: www.urbanmfg.org
Who are the executives of Urban Manufacturing Alliance Inc and what are their salaries?
The average compensation at Urban Manufacturing Alliance Inc during 2022 was $44,879. There are 10 employees at Urban Manufacturing Alliance Inc.
Here are 14 key members and their salaries:
- Compensation: $83,694
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- Other: $0
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- Compensation: $18,750
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Official website here: www.urbanmfg.org
Where can I find the form 990 for Urban Manufacturing Alliance Inc?
Urban Manufacturing Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.urbanmfg.org
Learn more at the official website: www.urbanmfg.org
Mission Statement of Urban Manufacturing Alliance Inc
Urban Manufacturing Alliance Inc, or UMA for short, is a coalition dedicated to the mission of sustaining and promoting the growth of manufacturing in urban areas. Their primary objective is to bring together various participants to establish and improve best practices in economic development. By working collaboratively, UMA aims to create a robust manufacturing sector that contributes to inclusive and sustainable economic development.
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Impact
July, 2024
Urban Manufacturing Alliance Inc's impact can be seen through its efforts in sustaining and growing manufacturing in cities. By bringing participants together to develop best practices around economic development, UMA is catalyzing a vibrant manufacturing sector that promotes inclusive and sustainable economic development. In 2022, UMA continued to strengthen its organizational core and achieve milestones across its programmatic pillars of Place-based Strategies, Inclusive Workforce, and Catalytic Capital. Through its work in Brooklyn, NY, UMA is making a significant contribution to community improvement and the advancement of urban manufacturing.
This information is meant to be a general summary of Urban Manufacturing Alliance 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: $242,843
- Gross Receipts: $811,443
Assets and Liabilities:
- Total Assets: $857,463
- Total Liabilities: $432,651
- Net Assets: $424,812
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Fees
Revenue
$139,790
Program Event
Revenue
$103,053
Organization Details
Founding Year
2015
Phone
(415) 659-8403Principal Officer
Nepal Asatthawasi
Main Address
608 Henry Street Apt 1, Brooklyn, NY, 11231
Website
www.urbanmfg.orgNTEE Category
Code: S31 - Community improvement
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