Overview
What is Madisonville Community Urban Redevelopment Corporation?
The Madisonville Community Urban Redevelopment Corporation, situated in Cincinnati, Ohio, is a nonprofit organization dedicated to fostering economic growth in the Madisonville business district. They achieve this by strengthening collaborations, readying the neighborhood for redevelopment, managing rental properties to enhance the community, attracting businesses to the area, and working in partnerships to develop both commercial and residential properties. Their mission is to promote comprehensive, inclusive community development in Madisonville, aiming to advance the neighborhood as a whole.
Official website here: www.mcurc.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Stars
Madisonville Community Urban Redevelopment Corporation has achieved a strong rating of 90%, which reflects its commitment to accountability and finance. The rating is derived solely from a single beacon score, emphasizing the organization’s financial health and responsible governance. The presence of a fully independent board, along with a favorable liabilities to assets ratio and a high program expense ratio, suggests the organization effectively manages its resources and focuses on its mission.
The organization scores particularly well in areas such as material diversion of assets, the listing of its website on tax forms, and maintaining board meeting minutes. These factors indicate a transparent operational approach and financial integrity. However, it is important to note the lack of a conflict of interest policy, which resulted in a lower score in that category and may raise concerns regarding potential governance issues.
Overall, Madisonville Community Urban Redevelopment Corporation demonstrates strong organizational strengths that contribute positively to its rating. While the absence of a conflict of interest policy is a limitation to consider, the charity's robust accountability measures and financial practices largely outweigh this concern.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Madisonville Community Urban Redevelopment Corporation?
94% of reviewers on Facebook recommend the Madisonville Community Urban Redevelopment Corporation. Here is a summary of their reviews:
Many users express enthusiasm for the positive changes happening in Madisonville, particularly appreciating the new branding efforts spearheaded by the organization. The reviews highlight a sense of community pride and optimism regarding the direction the nonprofit is taking to enhance the neighborhood.
Overall, the sentiment towards the Madisonville Community Urban Redevelopment Corporation is very favorable, with reviewers feeling encouraged by the organization's initiatives and hopeful about the future.
This AI summary has been generated from reviews found on Facebook.
Is Madisonville Community Urban Redevelopment Corporation legitimate?
Madisonville Community Urban Redevelopment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madisonville Community Urban Redevelopment 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: $0
For more financial information, click here
Official website here: www.mcurc.org/
What is the mission statement of Madisonville Community Urban Redevelopment Corporation?
The Madisonville Community Urban Redevelopment Corporation's mission is centered around promoting inclusive comprehensive community development. In pursuit of this goal, the corporation engages in various activities. These include fostering economic development in the business district, strengthening partnerships to prepare for neighborhood redevelopment, preserving rental properties to enhance the community, attracting businesses to the neighborhood, and collaborating on commercial and residential property development projects.
Official website here: www.mcurc.org/
Who is the CEO of Madisonville Community Urban Redevelopment Corporation?
Sara Sheets is the President of Madisonville Community Urban Redevelopment Corporation.
Official website here: www.mcurc.org/
What is the revenue of Madisonville Community Urban Redevelopment Corporation?
Madisonville Community Urban Redevelopment Corporation's revenue in 2022 was $44,769.
Official website here: www.mcurc.org/
Who are the executives of Madisonville Community Urban Redevelopment Corporation and what are their salaries?
There 100 volunteers at Madisonville Community Urban Redevelopment Corporation.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $33,874
- Related: $0
- Other: $0
- Compensation: $4,688
- Related: $0
- Other: $0
Official website here: www.mcurc.org/
Where can I find the form 990 for Madisonville Community Urban Redevelopment Corporation?
Madisonville Community Urban Redevelopment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcurc.org/
Learn more at the official website: www.mcurc.org/
Mission Statement of Madisonville Community Urban Redevelopment Corporation
The Madisonville Community Urban Redevelopment Corporation, in its mission, strives to foster the growth and improvement of Madisonville through comprehensive and inclusive community development. This nonprofit organization actively engages in economic development activities within the business district, aiming to prepare the neighborhood for redevelopment. By forging partnerships and expanding its network, the corporation works towards a more vibrant and thriving Madisonville.
In addition to its role in economic development, the Madisonville Community Urban Redevelopment Corporation also plays a significant part in maintaining rental properties within the neighborhood. This initiative is designed to enhance the overall appeal and living conditions of the area. Furthermore, the corporation is committed to attracting businesses to the neighborhood, thereby diversifying the local economy and creating employment opportunities for the community.
Lastly, the corporation also partners with other entities to develop commercial and residential properties, contributing to the overall rejuvenation and modernization of Madisonville. By engaging in these activities, the Madisonville Community Urban Redevelopment Corporation is dedicated to improving the quality of life for its residents and fostering a sense of community in the area.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Madisonville Community Urban Redevelopment Corporation has significantly impacted the Madisonville community by advancing economic development activities in the neighborhood's business district. Through expanding partnerships, maintaining rental properties, recruiting businesses, and partnering to develop commercial and residential properties, the organization plays a crucial role in preparing the neighborhood for redevelopment. This comprehensive approach to community development is helping to enhance Madisonville and create opportunities for its residents and businesses.
This information is meant to be a general summary of Madisonville Community Urban Redevelopment 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $276,516
Assets and Liabilities:
- Total Assets: $1,814,670
- Total Liabilities: $269,810
- Net Assets: $1,544,860
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1975
Phone
(513) 271-2495Principal Officer
Sara Sheets
Main Address
6111 Madison Road, Cincinnati, OH, 45227
Website
www.mcurc.org/NTEE Category
Code: T30 - Philanthropy
If you are a representative of Madisonville Community Urban Redevelopment Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.