Overview
What is Berks Alliance?
Berks Alliance is a nonprofit organization located in Reading, Pennsylvania, with an address at 606 Court Street. Their primary mission is to make strategic investments to bolster the vitality of the Greater Reading area and support significant community revitalization and development initiatives. Through grant funding, they aim to enhance the local community, contributing to its overall growth and development.
Official website here: www.berksalliance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Berks Alliance has achieved a solid score of 83%, reflecting a respectable level of accountability and financial health. The organization excels in several areas, including having a fully independent board with 11 members and no material diversion of assets, indicating strong governance practices. Additionally, it demonstrates a high program expense ratio of 69.94%, suggesting that a significant portion of its funds is directed towards its mission-driven programs.
However, there are notable areas for improvement. The organization has not implemented a whistleblower policy or a document retention and destruction policy, which are essential for ensuring transparency and ethical practices. While the presence of board meeting minutes affirms some degree of operational accountability, addressing these missing policies could enhance the overall governance framework.
Overall, Berks Alliance demonstrates a commitment to responsible financial management and governance, but it must prioritize the development of certain policies to strengthen its integrity and accountability further. Addressing these gaps could help bolster its reputation and operational effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Berks Alliance legitimate?
Berks Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Berks Alliance 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.berksalliance.org
What is the mission statement of Berks Alliance?
Berks Alliance's mission is centered around making strategic investments to enhance the vitality of a specific area, potentially referring to a community or region. The organization aims to support significant community revitalization and community development initiatives. This is accomplished through grant distributions, specifically for community revitalization and economic development projects.
Official website here: www.berksalliance.org
Who is the CEO of Berks Alliance?
John Weidenhammer is the Chairman/President of Berks Alliance.
Official website here: www.berksalliance.org
What is the revenue of Berks Alliance?
Berks Alliance's revenue in 2022 was $75,064.
Official website here: www.berksalliance.org
Who are the executives of Berks Alliance and what are their salaries?
There 10 volunteers at Berks Alliance.
Here are 11 key members and their salaries:
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- Compensation: $43,200
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Official website here: www.berksalliance.org
Where can I find the form 990 for Berks Alliance?
Berks Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.berksalliance.org
Learn more at the official website: www.berksalliance.org
Mission Statement of Berks Alliance
Berks Alliance, a notable organization, is committed to making strategic investments that enhance the vitality of its community. Its mission is centered around supporting significant community revitalization and community development initiatives in the greater Reading, Pennsylvania area. The organization takes a proactive approach in this endeavor, making grants to facilitate these transformative projects. By doing so, Berks Alliance plays a pivotal role in driving economic development and fostering a thriving community. Its investments are not limited to any specific sector, instead focusing on initiatives that have the potential to bring about meaningful and long-lasting changes.
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Impact
August, 2024
Berks Alliance's impact is seen through its strategic investments that enhance the vitality of the Greater Reading, Pennsylvania area. By supporting significant community revitalization and development initiatives, Berks Alliance plays a key role in fostering economic growth and improving the overall well-being of the community. Through grants and support for various projects, Berks Alliance positively impacts the local economy and helps create a more vibrant and sustainable community in Reading, PA.
This information is meant to be a general summary of Berks Alliance. 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: $64
- Gross Receipts: $75,064
Assets and Liabilities:
- Total Assets: $250,537
- Total Liabilities: $3,600
- Net Assets: $246,937
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Organization Details
Founding Year
2017
Phone
(610) 376-6766Principal Officer
John Weidenhammer
Main Address
606 COURT STREET, READING, PA, 19601
Website
www.berksalliance.orgNTEE Category
Code: P20 - Human services
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