Overview
What is Five Points Cultural Commission?
The Five Points Cultural Commission is a nonprofit organization situated in Montgomery, Alabama. Its primary mission is to combat community deterioration, reduce neighborhood tensions, and offer opportunities to low-income populations often lacking access and prospects. They achieve this by revitalizing neglected neighborhood corridors and providing subsidized commercial opportunities in renovated spaces. This process not only improves communities that feel overlooked but also offers job and entrepreneurial chances, fostering interaction among people of diverse racial and socio-economic backgrounds, thereby promoting understanding and eliminating prejudice. Lastly, the commission helps the underprivileged by creating economic opportunities and increasing the value of businesses and residential properties in the community.
Official website here: www.fivepointsmgm.org
Is Five Points Cultural Commission legitimate?
Five Points Cultural Commission is a legitimate nonprofit organization registered as a 501(c)(3) entity. Five Points Cultural Commission 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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Official website here: www.fivepointsmgm.org
What is the mission statement of Five Points Cultural Commission?
The Five Points Cultural Commission aims to combat community deterioration and lessen neighborhood tensions, particularly in low-income areas where access and opportunities are often limited. They accomplish this by revitalizing neglected neighborhood corridors and offering subsidized commercial opportunities in renovated spaces. This process not only improves the communities that feel overlooked but also creates job and entrepreneurial opportunities where they were previously absent. Furthermore, the commission provides spaces for individuals of various racial and socio-economic backgrounds to interact, fostering opportunities for prejudice elimination through interaction. Lastly, the Five Points Cultural Commission aims to provide relief for the poor and underprivileged by creating economic opportunities and increasing the value of businesses and residential properties in the community.
Official website here: www.fivepointsmgm.org
What is the revenue of Five Points Cultural Commission?
Five Points Cultural Commission's revenue in 2021 was $0.
Official website here: www.fivepointsmgm.org
Who are the executives of Five Points Cultural Commission and what are their salaries?
There 9 volunteers at Five Points Cultural Commission.
Here are 9 key members and their salaries:
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Official website here: www.fivepointsmgm.org
Where can I find the form 990 for Five Points Cultural Commission?
Five Points Cultural Commission's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.fivepointsmgm.org
Learn more at the official website: www.fivepointsmgm.org
Mission Statement of Five Points Cultural Commission
The Five Points Cultural Commission aims to combat community deterioration and lessen neighborhood tensions, providing opportunities for low-income populations often lacking access and chance. They achieve this by revitalizing deteriorated neighborhood corridors and offering subsidized commercial opportunities in renovated spaces. By rehabilitating dilapidated properties in low-income neighborhoods, they not only lessen neighborhood tensions by improving neglected communities but also offer job and entrepreneurial opportunities where they were previously unavailable. The Commission further encourages interaction among people of different racial and socio-economic backgrounds, offering possibilities for prejudice elimination through interaction. Ultimately, the Five Points Cultural Commission provides relief for the poor and underprivileged by creating economic opportunities and increasing the value of businesses and residential properties in their community.
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Impact
October, 2024
The Five Points Cultural Commission significantly impacts the Montgomery community by addressing the root causes of neighborhood deterioration and fostering social cohesion. Through its efforts in revitalizing neglected corridors and rehabilitating deteriorated properties, the Commission enhances the overall aesthetic and functional quality of low-income neighborhoods. This not only improves the living conditions for residents but also instills a sense of pride and belonging within the community.
By providing subsidized commercial opportunities in renovated spaces, the Commission catalyzes local economic growth. New jobs and entrepreneurial ventures emerge where there were previously limited opportunities, empowering individuals and families economically. This focus on creating viable economic pathways is particularly crucial for low-income populations that often face barriers to access.
Additionally, the Commission's initiatives promote interaction among people from diverse racial and socio-economic backgrounds, fostering understanding and reducing neighborhood tensions. These interactions serve as a platform for eliminating prejudice through shared experiences, cultivating a more inclusive community atmosphere.
Ultimately, the Five Points Cultural Commission's work creates tangible benefits for both individuals and the community at large, driving economic opportunity, enhancing property values, and improving the quality of life for residents throughout Montgomery.
This information is meant to be a general summary of Five Points Cultural Commission. 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 2021.
Assets and Liabilities:
- Total Assets: $633,928
- Total Liabilities: $250,000
- Net Assets: $383,928
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Organization Details
Founding Year
2016
Principal Officer
Chase Fisher
Website
www.fivepointsmgm.orgNTEE Category
Code: S31 - Community improvement
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