Overview
What is The Loading Dock Inc?
The Loading Dock Inc, a Baltimore-based nonprofit, is dedicated to addressing the issue of affordable housing and community improvement. They accomplish this by collecting donated building materials from various organizations and distributing them for a minimal fee to low-income individuals and non-profits, helping them renovate and build homes. Their mission is to redirect reusable materials that would otherwise end up in landfills, thereby promoting sustainability and resourcefulness. With a total of 16 employees, they work diligently to increase the supply and use of affordable building materials, contributing to the betterment of their community.
Official website here: www.loadingdock.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Loading Dock Inc has received an impressive Four-Star rating from Charity Navigator, achieving a high score of 96% primarily in the Accountability & Finance category. This rating indicates the organization’s strong operational transparency and effective financial management, which are critical for fostering trust and confidence among donors and stakeholders.
The organization excels in having a fully independent board, with 10 out of 10 members free from conflicts of interest. Additional strengths include a robust audit committee, clear financial statements, and comprehensive policies regarding conflict of interest and document retention. The commitment to low liabilities and a high percentage of program expenses signifies its focus on delivering effective programs.
While the organization has demonstrated excellent financial health and governance practices, the summary does not highlight any limitations or areas for improvement. Overall, The Loading Dock Inc stands out as a well-managed nonprofit with a strong commitment to accountability and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is The Loading Dock Inc legitimate?
The Loading Dock Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Loading Dock 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: $113,160
Professional Fundraising Fees: $0
Other Salaries and Wages: $329,799
For more financial information, click here
Official website here: www.loadingdock.org
What is the mission statement of The Loading Dock Inc?
The organization, The Loading Dock Inc, is committed to enhancing the availability and usage of affordable building materials for housing and community improvement. They strive to achieve this by redirecting reusable materials that would otherwise end up in landfills, and putting them to productive use instead. The organization receives donated building materials from various sources, which are then distributed, for an incidental fee, to low-income individuals and non-profits for renovation purposes. This approach helps in promoting sustainability and affordability in construction projects.
Official website here: www.loadingdock.org
Who is the CEO of The Loading Dock Inc?
Leslie Kirkland is the Executive Dir. of The Loading Dock Inc.
Official website here: www.loadingdock.org
What is the revenue of The Loading Dock Inc?
The Loading Dock Inc's revenue in 2023 was $1,024,247.
Official website here: www.loadingdock.org
Who are the executives of The Loading Dock Inc and what are their salaries?
The average compensation at The Loading Dock Inc during 2023 was $27,685. There are 16 employees and 180 volunteers at The Loading Dock Inc.
Here are 11 key members and their salaries:
- Compensation: $112,000
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- Other: $6,857
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Official website here: www.loadingdock.org
Where can I find the form 990 for The Loading Dock Inc?
The Loading Dock Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.loadingdock.org
Learn more at the official website: www.loadingdock.org
Mission Statement of The Loading Dock Inc
The Loading Dock Inc, a nonprofit organization, is committed to making a significant impact on housing and community improvement by redirecting reusable materials destined for landfills into productive use. By collecting donated building materials from various organizations, The Loading Dock Inc provides these resources to low-income individuals and non-profits, enabling them to renovate their homes or community spaces at an affordable cost. This innovative approach not only reduces waste but also contributes to the creation of sustainable and affordable living spaces, thereby enhancing the overall quality of life for many individuals.
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Impact
June, 2024
The Loading Dock Inc's impact lies in its efforts to increase the supply and use of affordable building materials for housing and community improvement. By redirecting landfill-bound, reusable materials into productive use, the organization contributes to sustainable development and waste reduction. Through their model of receiving donated building materials and distributing them for an incidental fee to low-income individuals and non-profits for renovations, The Loading Dock Inc is making a tangible difference in the community. Their actions not only support affordable housing initiatives but also promote environmental stewardship by reducing waste and encouraging reuse.
This information is meant to be a general summary of The Loading Dock 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 2023.
- Investment Income: $14,246
- Program Service Revenue: $994,381
- Gross Receipts: $1,024,247
Assets and Liabilities:
- Total Assets: $2,500,034
- Total Liabilities: $266,519
- Net Assets: $2,233,515
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Bulk fees
Revenue
$16,926
Handling fees
Revenue
$937,037
Membership fees
Revenue
$27,666
Recycling fees
Revenue
$12,752
Organization Details
Founding Year
1984
Phone
(410) 558-3625Principal Officer
Leslie Kirkland
Main Address
2 North Kresson St, Baltimore, MD, 21224
Website
www.loadingdock.orgNTEE Category
Code: C27 - Environment
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