Overview
What is Moravia Park Community Development Corporation?
Moravia Park Community Development Corporation is a nonprofit organization based in Baltimore, Maryland, renowned for revitalizing residential properties. Their primary focus is on managing low-income housing, and their recent accomplishments include generating an annual revenue of $552,841. By undertaking these rehabilitation projects, the corporation contributes to the betterment of the community in Baltimore.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 60%)
Moravia Park Community Development Corporation has received a Two-Star rating from Charity Navigator, indicating that it requires improvement in various aspects of accountability and finance. The organization scores particularly well in program expenses, achieving a 100% program expense ratio, which suggests that it allocates all its resources towards its mission. However, its scores in governance and transparency are concerning, with a lack of independent board members and no policies listed for document retention or whistleblowing.
The organization has some positive elements, such as a conflict of interest policy and a strong liability to assets ratio, which are essential for financial stability. However, the absence of key practices, like posting its tax forms on the website and maintaining an independent board, poses risks to its credibility and governance practices. This lack of transparency may hinder trust from potential donors and stakeholders.
Despite these challenges, the executive compensation appears modest, indicating that the funds may be primarily directed towards community development efforts. To improve its rating and overall effectiveness, Moravia Park Community Development Corporation would benefit significantly from establishing stronger governance policies and enhancing its financial transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Moravia Park Community Development Corporation legitimate?
Moravia Park Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moravia Park Community 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: $30,740
Professional Fundraising Fees: $0
Other Salaries and Wages: $61,463
For more financial information, click here
What is the mission statement of Moravia Park Community Development Corporation?
Moravia Park Community Development Corporation is dedicated to the rehabilitation of housing units, primarily in Baltimore. Their mission focuses on enhancing the living conditions of low-income individuals by revitalizing residential properties. Last year, they reported a revenue generation of $552,841, indicating their successful execution of their mission. Although the information does not specify, it can be inferred that their mission also likely includes ensuring affordable and safe housing options for the community.
Who is the CEO of Moravia Park Community Development Corporation?
R W Alderson is the Treasurer of Moravia Park Community Development Corporation.
What is the revenue of Moravia Park Community Development Corporation?
Moravia Park Community Development Corporation's revenue in 2020 was $552,841.
Who are the executives of Moravia Park Community Development Corporation and what are their salaries?
The average compensation at Moravia Park Community Development Corporation during 2020 was $18,441. There are 5 employees at Moravia Park Community Development Corporation.
Here are 4 key members and their salaries:
- Compensation: $24,440
- Related: $0
- Other: $0
- Compensation: $6,300
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Moravia Park Community Development Corporation?
Moravia Park Community Development Corporation's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Moravia Park Community Development Corporation
Moravia Park Community Development Corporation, a notable organization, is primarily focused on rehabilitating housing units in various communities. With a significant impact, the corporation generated an impressive revenue of $552,841 last year, showcasing its effectiveness and commitment to its mission. The organization's primary goal is to enhance the living conditions of low-income individuals by improving their housing facilities, contributing to the overall betterment of the communities it serves.
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
July, 2024
Moravia Park Community Development Corporation's impact can be seen in the revitalization and improvement of low-income housing in Baltimore, MD. Through their specialized focus on rehabilitating housing, they contribute to the overall community improvement and help create more livable and affordable housing options for residents in the area. Their efforts not only benefit the individuals and families residing in these properties but also contribute to the overall development and enhancement of the neighborhoods in which they operate.
This information is meant to be a general summary of Moravia Park Community 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 2020.
- Program Service Revenue: $552,841
- Gross Receipts: $552,841
Assets and Liabilities:
- Total Assets: $1,829,204
- Total Liabilities: $1,368,754
- Net Assets: $460,450
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rents & other income
Revenue
$552,841
Organization Details
Founding Year
2001
Phone
(410) 325-6400Principal Officer
R W Alderson
Main Address
4419 Frankford Ave, Baltimore, MD, 21206
NTEE Category
Code: S20 - Community improvement
If you are a representative of Moravia Park Community Development 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.