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Building And Impacting Communities Inc

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

EIN: 474457528 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Building And Impacting Communities Inc?

Building and Impacting Communities Inc is a nonprofit organization that focuses on uplifting individuals facing homelessness, low income, and seniority. By offering affordable housing and comprehensive services, they aim to help these individuals overcome obstacles and enhance their living standards. The organization provides housing stability, tailored assistance, and educational prospects, all geared towards fostering self-sufficiency.


Official website here: www.bicinc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 55%, One-Star out of Four Star rating.

Building And Impacting Communities Inc has received a low rating due to its overall score of 55%, indicating potential issues in accountability and financial transparency. While the organization boasts a fully independent board and demonstrates some commitment to governance through various policies, it falls short in several critical areas, particularly in conflict of interest and whistleblower policies, both of which received zero points.

Despite having a reasonable program expense ratio, the charity's lack of transparency in financial documentation raises concerns. The failure to post tax forms on its website and the significant liabilities compared to assets suggest a need for improvement in financial management. Overall, while the organization has strengths in governance, serious gaps in policy and transparency affect its rating and public trust.


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

Is Building And Impacting Communities Inc legitimate?

Building And Impacting Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building And Impacting Communities 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bicinc.org

What is the mission statement of Building And Impacting Communities Inc?

Building and Impacting Communities Inc. aims to empower individuals who are homeless, have low incomes, or are seniors by helping them overcome various obstacles and enhance their quality of life. This is achieved through the provision of affordable housing and essential services. The organization offers housing stability, comprehensive support services, and educational opportunities, all designed to foster self-sufficiency among the beneficiaries.


Official website here: www.bicinc.org

Who is the CEO of Building And Impacting Communities Inc?

Roderick Watts is the Member-At-Large of Building And Impacting Communities Inc.


Official website here: www.bicinc.org

What is the revenue of Building And Impacting Communities Inc?

Building And Impacting Communities Inc's revenue in 2022 was $76,662.


Official website here: www.bicinc.org

Who are the executives of Building And Impacting Communities Inc and what are their salaries?


Here are 7 key members and their salaries:


Karen Dabney (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Hall (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Murphy (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel L Odle (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roderick Watts (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Watts (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Stewart (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bicinc.org

Where can I find the form 990 for Building And Impacting Communities Inc?

Building And Impacting Communities Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bicinc.org

Learn more at the official website: www.bicinc.org

Mission Statement of Building And Impacting Communities Inc

Building and Impacting Communities Inc, a nonprofit organization, aims to empower individuals facing homelessness, low-income situations, and seniors. By providing affordable housing and services, this organization seeks to help these individuals overcome various barriers and improve their quality of life. Through initiatives such as housing stability programs, wraparound services, and educational opportunities, Building and Impacting Communities Inc encourages self-sufficiency, enabling individuals to surmount the challenges they face. The organization's mission is to create a positive impact in the lives of its beneficiaries, fostering a sense of hope and self-determination.

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Impact




August, 2024

Building And Impacting Communities Inc's impact is evident in the lives of individuals experiencing homelessness, low-income individuals, and seniors in Indianapolis. By providing affordable housing and essential services, the organization empowers these individuals to overcome barriers and improve their quality of life. Through initiatives such as housing stability, wraparound services, and educational opportunities, Building And Impacting Communities supports individuals in achieving self-sufficiency and ultimately building a stronger community.




This information is meant to be a general summary of Building And Impacting Communities 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.

Revenue
$76,662 (2022)
Expenses
$205,851 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $26,250
  • Gross Receipts: $76,662

Assets and Liabilities:

  • Total Assets: $2,029,349
  • Total Liabilities: $2,368,878
  • Net Assets: -$339,529

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DEVELOPER FEES

Revenue

$26,250

Organization Details

Founding Year

2017

Principal Officer

Roderick Watts

Main Address

1630 N MERIDIAN ST STE 350, INDIANAPOLIS, IN, 46202

NTEE Category

Code: L20 - Housing

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