Overview
What is Security Woodlawn Business Association Inc?
Security Woodlawn Business Association Inc is a nonprofit organization located in Gwynn Oak, Maryland, at 6340 Security Boulevard STE 100. Their primary mission is to foster and support businesses and civic communities within the Security-Woodlawn area, aiming to bolster a robust local economy. By promoting and guiding these entities, the association contributes to the area's overall prosperity and development.
Official website here: www.securitywoodlawn.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star Rating
The Security Woodlawn Business Association Inc has received a low rating of 56%, indicating significant concerns regarding its accountability and financial practices. While the organization has not been involved in material diversion of assets and has a solid program expense ratio of 84.14%, it lacks key governance policies, such as a conflict of interest and whistleblower policy, which can undermine trust and transparency.
Further analysis reveals that the organization has no independent board members, which raises questions about oversight and governance. The absence of independent oversight can lead to potential conflicts of interest and a lack of diverse perspectives in decision-making processes. Additionally, while the organization keeps minutes of board meetings, essential documents related to retention and destruction policies are missing.
Despite these weaknesses, the organization demonstrates effective use of its resources toward programs rather than administrative costs, which is a positive aspect. However, the overall lack of governance and accountability measures limits its effectiveness and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Security Woodlawn Business Association Inc legitimate?
Security Woodlawn Business Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Security Woodlawn Business Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.securitywoodlawn.com
What is the mission statement of Security Woodlawn Business Association Inc?
The Security Woodlawn Business Association Inc's mission is centered around promoting and fostering support for businesses and civic communities in their area. Their primary goal is to contribute to a robust local economy. By providing guidance and resources, they aim to help these entities thrive and grow, ultimately strengthening the community as a whole. The Association's activities are geared towards advancing the economic growth and development of the region.
Official website here: www.securitywoodlawn.com
What is the revenue of Security Woodlawn Business Association Inc?
Security Woodlawn Business Association Inc's revenue in 2023 was $26,179.
Official website here: www.securitywoodlawn.com
Who are the executives of Security Woodlawn Business Association Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.securitywoodlawn.com
Where can I find the form 990 for Security Woodlawn Business Association Inc?
Security Woodlawn Business Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.securitywoodlawn.com
Learn more at the official website: www.securitywoodlawn.com
Mission Statement of Security Woodlawn Business Association Inc
Security Woodlawn Business Association, a notable organization, is committed to fostering a robust local economy in the Security-Woodlawn area. Their mission is centered around providing support and guidance to businesses and civic communities within this area. By doing so, they aim to contribute to the overall strength and prosperity of the local economy.
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
Security Woodlawn Business Association Inc plays a crucial role in enhancing the local economy of the Security-Woodlawn area in Gwynn Oak, MD. By promoting, supporting, and guiding businesses and civic communities in this region, the organization contributes significantly to fostering a robust economic environment. Through its focus on community improvement, Security Woodlawn Business Association Inc positively impacts the livelihoods of individuals and the overall prosperity of the area. Its efforts help businesses thrive, create employment opportunities, and cultivate a stronger sense of community among residents.
This information is meant to be a general summary of Security Woodlawn Business Association 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.
- Gross Receipts: $26,179
Assets and Liabilities:
- Total Assets: $2,043
- Total Liabilities: $0
- Net Assets: $2,043
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1997
Principal Officer
Shantel Mason
Website
www.securitywoodlawn.comNTEE Category
Code: S41 - Community improvement
If you are a representative of Security Woodlawn Business Association Inc 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.