Overview
What is National Association For County Community And Economic Development?
The National Association for County Community and Economic Development (NACCED) is a prominent nonprofit organization situated in Washington D.C. Its primary objective is to empower local governments in creating sustainable communities and promoting equitable economies, emphasizing safe and affordable housing. To achieve this mission, NACCED offers various resources, education, advocacy, and peer support. They achieve this through hosting conferences and meetings, educating members on best practices, and providing technical assistance in affordable housing and community and economic development. Additionally, NACCED offers a scholarship award of $1,500 to support undergraduate or graduate students studying in fields related to affordable housing and community and economic development, who demonstrate financial need. The association aims to build generational capacity and strengthen local governments' capabilities.
Official website here: www.nacced.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning it a Two-Star out of Four Star rating. This rating reflects a satisfactory level of performance, specifically in accountability and finance, where the organization scores 74%. The National Association for County Community and Economic Development demonstrates significant strengths, including a fully independent board and strong financial audit practices, indicating solid governance and oversight.
However, there are notable limitations in the organization's policies and transparency. While the majority of the board members are independent, the absence of a whistleblower policy and a document retention and destruction policy raises concerns about overall accountability. Additionally, the nonprofit has not made its tax documents available on its website, which is an important aspect of transparency for stakeholders.
The program expense ratio stands at 58.60%, suggesting that just over half of their expenses are directed towards program activities. This could be viewed as a point of concern for potential donors who prioritize high program spending. Overall, while the organization demonstrates strong governance, improvements in transparency and financial allocation could enhance its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is National Association For County Community And Economic Development legitimate?
National Association For County Community And Economic Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Association For County Community And Economic Development 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.
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Official website here: www.nacced.org
What is the mission statement of National Association For County Community And Economic Development?
The National Association for County Community and Economic Development's mission is centered around building generational capacity. They achieve this by offering education, resources, advocacy, and peer support. This empowerment aims to enhance the ability of local governments to create sustainable communities and equitable economies, ensuring safe and affordable housing. They accomplish this through sponsored conferences and meetings, educating members on best practices and providing technical assistance in affordable housing and community and economic development. Additionally, the association offers a scholarship award to assist students in the fields of affordable housing and community and economic development, who demonstrate financial need.
Official website here: www.nacced.org
Who is the CEO of National Association For County Community And Economic Development?
Laura Demaria is the Until Sept Then Imm. Past President of National Association For County Community And Economic Development.
Official website here: www.nacced.org
What is the revenue of National Association For County Community And Economic Development?
National Association For County Community And Economic Development's revenue in 2022 was $561,355.
Official website here: www.nacced.org
Who are the executives of National Association For County Community And Economic Development and what are their salaries?
There 13 volunteers at National Association For County Community And Economic Development.
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Official website here: www.nacced.org
Where can I find the form 990 for National Association For County Community And Economic Development?
National Association For County Community And Economic Development's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nacced.org
Learn more at the official website: www.nacced.org
Mission Statement of National Association For County Community And Economic Development
The National Association for County Community and Economic Development, often referred to as NACCED, is dedicated to building generational capacity. This is accomplished by providing education, resources, advocacy, and peer support to strengthen local governments' abilities. The ultimate goal is to create sustainable communities and equitable economies, ensuring the availability of safe and affordable housing.
In essence, NACCED serves as a resourceful organization, offering a platform for learning best practices and technical assistance in the areas of affordable housing and community and economic development. They achieve this through sponsoring conferences and meetings, where members can engage in knowledge sharing and gain insights to enhance their work. Additionally, NACCED extends financial aid to deserving students through its scholarship award program. This scholarship, worth $1,500, is awarded to undergraduate or graduate students with a chosen field of study that includes coursework in affordable housing and/or community and economic development, and who demonstrate a financial need. This initiative underscores NACCED's commitment to nurturing future leaders in these vital sectors.
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Impact
July, 2024
The National Association For County Community And Economic Development plays a crucial role in strengthening local governments' ability to create sustainable communities and equitable economies with safe and affordable housing. Through education, resources, advocacy, and peer support, NACCED empowers its members to build generational capacity and implement best practices in affordable housing and community and economic development. The organization's conferences, meetings, and scholarship award provide valuable opportunities for members to enhance their knowledge and skills in these critical areas. NACCED's impact resonates in community improvement efforts nationwide.
This information is meant to be a general summary of National Association For County Community And Economic Development. 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: $1,875
- Program Service Revenue: $556,555
- Gross Receipts: $561,355
Assets and Liabilities:
- Total Assets: $536,512
- Total Liabilities: $129,317
- Net Assets: $407,195
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$291,525
CONFERENCE & MEETING
Revenue
$151,280
WORKSHOP REGISTRATION
Revenue
$113,750
Organization Details
Founding Year
1978
Phone
(202) 367-1149Principal Officer
Laura Demaria
Main Address
2001 K STREET NW 3RD FLOOR, WASHINGTON, DC, 20006
Website
www.nacced.orgNTEE Category
Code: S030 - Community improvement
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