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New Alpha Community Development Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473582552 ✦ Florence, SC ✦ Designated as a 501(c)(3)

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Overview

What is New Alpha Community Development Corporation?

The New Alpha Community Development Corporation, located in Florence, South Carolina, is a dedicated nonprofit organization. Their primary mission is to foster environmental economic justice and enhance health in low-income communities through various means. They achieve this by organizing, educating, and advocating for policy changes, as well as executing programs that are fair and equitable. Recently, they initiated construction of an Environmental Training and Sustainable Center in Brittons Neck, SC, on a 7.5-acre wetland. The completed center will provide training on small-scale agricultural business, indigenous plant growth, and wildlife ecosystem restoration. The center will also include greenhouses, off-grid generators, and outdoor recreation facilities. In addition, they have planted over 1000 indigenous trees and launched a forest program in Marion, SC, distributing educational materials and hosting community meetings. Their efforts have garnered a consistent following, with over 40 attendees per month.


Official website here: www.newalphacdc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54%, One-Star out of Four Star Rating

New Alpha Community Development Corporation has received a low rating of 54% from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. Key weaknesses are evident, such as a complete lack of independent board members and several missing governance policies, including conflict of interest and whistleblower policies. These deficiencies have substantially impacted its rating in the accountability category.

On a more positive note, the organization demonstrates strong financial management, as indicated by a program expense ratio of 85%. This means that a large majority of its funds are directed toward programs rather than administrative costs, which is a positive aspect for potential donors. The organization also maintains a zero liability to assets ratio, suggesting good financial stability in terms of its obligations.

However, the absence of important documents, such as financial statements and the nonprofit's tax form on its website, raises concerns about transparency. Overall, while New Alpha Community Development Corporation has strengths in program spending, its governance issues and lack of independent oversight may deter potential supporters and raise red flags for donors.


This AI summary has been generated from information found on Charity Navigator.

Is New Alpha Community Development Corporation legitimate?

New Alpha Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Alpha 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: $40,841

For more financial information, click here


Official website here: www.newalphacdc.com

What is the mission statement of New Alpha Community Development Corporation?

The New Alpha Community Development Corporation's mission is centered around promoting environmental and economic justice and improving health in low-income communities. They accomplish this by organizing, educating, advocating for policy changes, and establishing equitable programs. Their activities include constructing an Environmental Training and Sustainable Center, offering training in small-scale agriculture, planting indigenous trees, and holding community meetings in Marion, SC. Their efforts aim to create green infrastructure, restore wetlands, and distribute educational materials to promote awareness. The corporation also relies on volunteer work and social media to engage with the community and attract attendees to their monthly meetings.


Official website here: www.newalphacdc.com

Who is the CEO of New Alpha Community Development Corporation?

Leo Woodberry is the Executive Director of New Alpha Community Development Corporation.


Official website here: www.newalphacdc.com

What is the revenue of New Alpha Community Development Corporation?

New Alpha Community Development Corporation's revenue in 2022 was $854,734.


Official website here: www.newalphacdc.com

Who are the executives of New Alpha Community Development Corporation and what are their salaries?

The average compensation at New Alpha Community Development Corporation during 2022 was $13,614. There are 3 employees and 25 volunteers at New Alpha Community Development Corporation.


Here are 4 key members and their salaries:


Leo Woodberry (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Faye Dickey (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosa Lee Fore (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loretta Slater (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newalphacdc.com

Where can I find the form 990 for New Alpha Community Development Corporation?

New Alpha Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newalphacdc.com

Learn more at the official website: www.newalphacdc.com

Mission Statement of New Alpha Community Development Corporation

New Alpha Community Development Corporation is committed to building environmental and economic justice in low-income communities. They achieve this mission by engaging in various activities such as organizing, educating, and advocating for policy changes. Their primary goal is to improve health conditions in these communities by establishing just and equitable programs.

In practice, New Alpha Community Development Corporation has initiated several projects. They started construction on an Environmental Training and Sustainable Center in Brittons Neck, SC, which will provide training on small-scale agriculture and the cultivation of indigenous plants. The center will also include greenhouses, outdoor recreation facilities, and 10 off-grid air-to-water generators. Moreover, they have planted over 1,000 indigenous trees, including Dogwood and Red Oak, to create resiliency and restore the wetlands in the area.

Beyond Brittons Neck, New Alpha Community Development Corporation has expanded their forest program in Marion, SC. They have distributed over 3,000 educational documents to the community and hold monthly meetings open to the public. Through social media, flyers, and handouts, they have reached out to over 1,000 individuals each month to spread awareness about their initiatives. With a focus on community engagement, New Alpha Community Development Corporation aims to create sustainable and just living conditions for low-income communities.

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Impact




July, 2024

New Alpha Community Development Corporation's impact is evident in their dedication to building environmental economic justice and improving health in low-income communities. Through their Environmental Training and Sustainable Center and Food Program in Brittons Neck, SC, they are providing valuable training in small-scale agricultural business and indigenous plant cultivation. Additionally, their efforts in planting over 1000 indigenous trees and restoring wetlands demonstrate a strong commitment to environmental stewardship and resilience. By engaging with the local community through educational outreach, monthly meetings, and social media communication, they are actively working towards creating a more just and equitable future for all residents.




This information is meant to be a general summary of New Alpha 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.

Revenue
$854,734 (2022)
Expenses
$863,629 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $854,734

Assets and Liabilities:

  • Total Assets: $201,828
  • Total Liabilities: $0
  • Net Assets: $201,828

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Organization Details

Founding Year

2015

Principal Officer

Leo Woodberry

Main Address

1528 Palomar Parkway, Florence, SC, 29506

NTEE Category

Code: S31 - Community improvement

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