Overview
What is Acedc Fund Inc?
Acedc Fund Inc is a nonprofit organization committed to fostering economic growth in Adams County, Iowa. Established with the primary mission of promoting community development, the organization carries out its activities through various programs, focusing on economic advancement in the area. By doing so, Acedc Fund Inc aims to contribute positively to the local economy and improve the overall well-being of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
Acedc Fund Inc has received a commendable Four-Star rating from Charity Navigator due to its impressive score of 94%. This rating indicates that the organization excels in accountability and finance, with a specific emphasis on transparency and responsible management of funds. The evaluation reflects a strong commitment to ethical practices, as evidenced by the charity's 100% independent board and effective governance policies.
The charity's financial management is highly regarded, with a program expense ratio of 100%, demonstrating that all expenditures are directed towards its mission. The organization has shown no material diversion of assets, and it maintains a clear conflict of interest policy, whistleblower policy, and document retention guidelines. These factors contribute to the overall strength and reliability of the Acedc Fund Inc as a nonprofit organization.
While the data highlights numerous strengths, it is important for potential donors and stakeholders to remain informed about the organization's ongoing activities and impact. Continued vigilance in assessing the effectiveness of its programs will ensure that Acedc Fund Inc maintains its high standards and can further its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Acedc Fund Inc legitimate?
Acedc Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acedc Fund 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
What is the mission statement of Acedc Fund Inc?
Acedc Fund Inc, as an organization, is dedicated to fostering economic development within the community in Adams County, Iowa. Their mission is centered around promoting this growth, utilizing various programs designed to stimulate economic activity in the area. The organization's activities are geared towards contributing to the local economy.
Who is the CEO of Acedc Fund Inc?
Donna Hogan is the Director of Acedc Fund Inc.
What is the revenue of Acedc Fund Inc?
Acedc Fund Inc's revenue in 2022 was $56,641.
Who are the executives of Acedc Fund Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Acedc Fund Inc?
Acedc Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Acedc Fund Inc
Acedc Fund Inc, as a nonprofit organization, is committed to driving community economic development in Adams County Iowa. Their primary mission is to foster an environment that encourages economic growth and prosperity within the community. By implementing various programs, Acedc Fund Inc aims to contribute positively to the economic landscape of Adams County, ultimately promoting sustainable development and improving the overall well-being of its residents.
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Impact
August, 2024
Acedc Fund Inc's impact is felt through its dedicated efforts to promote community economic development in Adams County, Iowa. By focusing on economic development initiatives in the area, Acedc Fund Inc contributes towards enhancing the overall well-being and prosperity of the community. Through its programs and activities, Acedc Fund Inc plays a vital role in fostering growth, opportunity, and sustainable development within Adams County, making a tangible difference in the lives of its residents.
This information is meant to be a general summary of Acedc Fund 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.
- Investment Income: $553
- Gross Receipts: $56,641
Assets and Liabilities:
- Total Assets: $976,003
- Total Liabilities: $0
- Net Assets: $976,003
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Organization Details
Founding Year
2015
Phone
(641) 322-5229Principal Officer
Donna Hogan
Main Address
710 DAVIS AVE, CORNING, IA, 50841
NTEE Category
Code: S99 - Community improvement
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