Overview
What is Flatbush Development Corporation?
Flatbush Development Corporation, based in Brooklyn, New York, is a dedicated nonprofit organization. With a workforce of 138 employees, their mission is to address the diverse needs of their vibrant community. They achieve this by building partnerships, creating programs, and developing campaigns in various sectors such as economic development, housing, youth, and immigration. Their initiatives aim to promote enhanced quality of life, safety, and equity within the community. One of their significant efforts is providing youth development activities, including after-school and evening educational and recreational programs, designed to foster productive members of society.
Official website here: www.fdconline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Flatbush Development Corporation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization's score is derived solely from its exemplary performance in various metrics, showcasing a high level of transparency and responsible financial management. The evaluation highlights significant strengths, including a fully independent board and an audit committee that reinforces sound oversight practices.
The nonprofit has successfully established policies that enhance its operational integrity, such as a conflict of interest policy and a whistleblower policy, both of which are essential for maintaining trust with stakeholders. The organization also demonstrates a commendable program expense ratio of 89.50%, indicating that a substantial portion of its funding is directed toward its programs rather than administrative costs.
While the overall data is very positive, the summary does not indicate any limitations or challenges faced by the organization. This suggests a strong operational framework and an effective governance structure, positioning Flatbush Development Corporation as a high-performing entity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Flatbush Development Corporation legitimate?
Flatbush Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flatbush Development 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: $108,297
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,237,866
For more financial information, click here
Official website here: www.fdconline.org
What is the mission statement of Flatbush Development Corporation?
The Flatbush Development Corporation is committed to addressing the needs of a diverse and vibrant community. They achieve this by establishing partnerships, developing programs, and launching campaigns for economic development, housing, youth initiatives, and immigration. These endeavors aim to promote enhanced quality of life, safety, and equity within the community. The corporation is dedicated to preserving the community's essence and responding to its evolving needs.
In relation to youth development, the Flatbush Development Corporation offers after-school and evening educational and recreational programs. The goal is to foster young individuals into productive members of society.
Official website here: www.fdconline.org
Who is the CEO of Flatbush Development Corporation?
Robin Redmond is the Executive Director of Flatbush Development Corporation.
Official website here: www.fdconline.org
What is the revenue of Flatbush Development Corporation?
Flatbush Development Corporation's revenue in 2022 was $3,907,106.
Official website here: www.fdconline.org
Who are the executives of Flatbush Development Corporation and what are their salaries?
The average compensation at Flatbush Development Corporation during 2022 was $17,001. There are 138 employees and 274 volunteers at Flatbush Development Corporation.
Here are 12 key members and their salaries:
- Compensation: $94,056
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- Other: $29,185
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Official website here: www.fdconline.org
Where can I find the form 990 for Flatbush Development Corporation?
Flatbush Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fdconline.org
Learn more at the official website: www.fdconline.org
Mission Statement of Flatbush Development Corporation
Flatbush Development Corporation, a dedicated organization, is committed to addressing the diverse needs and fostering the vibrancy of its community. It achieves this by forming partnerships, creating programs, and developing campaigns that focus on economic development, housing, youth, and immigration, among other initiatives. These initiatives aim to enhance the quality of life, promote safety, and preserve equity within the community.
The organization's mission is multifaceted, extending beyond economic and housing development. It also includes youth development activities, such as after-school and evening educational and recreational programs. These programs are designed to nurture and develop young individuals into productive members of society. By providing these opportunities, Flatbush Development Corporation contributes to the overall well-being and growth of its community.
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Impact
July, 2024
Flatbush Development Corporation is dedicated to meeting the needs of a diverse and vibrant Brooklyn community by building partnerships, creating programs, and developing campaigns for economic development, housing, youth, immigration, and other initiatives that promote an enhanced quality of life, safety, equity, and the preservation of their community. Their impact is seen through their youth development activities, which include after-school and evening educational and recreational programs designed to develop youth into productive members of society. Through these initiatives, Flatbush Development Corporation contributes to community improvement in Brooklyn, NY.
This information is meant to be a general summary of Flatbush Development 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: $3,907,106
Assets and Liabilities:
- Total Assets: $2,604,374
- Total Liabilities: $1,086,177
- Net Assets: $1,518,197
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Organization Details
Founding Year
1975
Phone
(718) 859-3800Principal Officer
Robin Redmond
Main Address
1616 NEWKIRK AVENUE, BROOKLYN, NY, 11226
Website
www.fdconline.orgNTEE Category
Code: S31Z - Community improvement
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