Overview
What is Communityworks In West Virginia Inc?
Communityworks In West Virginia Inc, established in 1991, is a statewide organization comprising 20 local agencies. Based in Charleston, West Virginia, their primary mission is to provide housing-related solutions for West Virginians. Certified as a Community Development Financial Institution (CDFI) by the United States Department of the Treasury, they offer effective training and technical assistance to local housing organizations, and develop sustainable capital investments in local housing. Despite the global pandemic, Communityworks has continued its operations, ensuring regulatory compliance while advocating for sound housing policies and raising public awareness about local housing issues. With a workforce of 5 individuals, this nonprofit plays a significant role in enhancing housing and community development in West Virginia.
Official website here: www.communityworkswv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating. This high score reflects the organization's strong performance in accountability and finance, indicating that Communityworks In West Virginia Inc demonstrates a high level of transparency and responsible stewardship of its funds.
The nonprofit has earned perfect scores in several key areas, including having a fully independent board and transparent financial statements, with no material diversion of assets reported. The organization shows a commitment to best practices, evidenced by its established conflict of interest and whistleblower policies, as well as regular documentation of board meeting minutes.
While the organization excels in financial management, with a program expense ratio of 82.83%, it is important for potential donors and stakeholders to consider both financial health and the impact of its programs in the community. Overall, Communityworks In West Virginia Inc appears to be a reliable nonprofit with robust governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Communityworks In West Virginia Inc legitimate?
Communityworks In West Virginia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Communityworks In West Virginia 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: $46,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $111,513
For more financial information, click here
Official website here: www.communityworkswv.org
What is the mission statement of Communityworks In West Virginia Inc?
Communityworks In West Virginia Inc, through a network of member organizations, works towards creating housing and community development solutions for all West Virginians. They accomplish this mission by offering effective training and technical assistance to local housing organizations, developing sustainable capital investments in local housing, advocating for sound housing policies, and increasing public awareness of local housing issues throughout West Virginia.
Official website here: www.communityworkswv.org
Who is the CEO of Communityworks In West Virginia Inc?
T Craig Petry Ii is the President of Communityworks In West Virginia Inc.
Official website here: www.communityworkswv.org
What is the revenue of Communityworks In West Virginia Inc?
Communityworks In West Virginia Inc's revenue in 2022 was $623,083.
Official website here: www.communityworkswv.org
Who are the executives of Communityworks In West Virginia Inc and what are their salaries?
The average compensation at Communityworks In West Virginia Inc during 2022 was $31,678. There are 5 employees at Communityworks In West Virginia Inc.
Here are 7 key members and their salaries:
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- Compensation: $46,875
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Official website here: www.communityworkswv.org
Where can I find the form 990 for Communityworks In West Virginia Inc?
Communityworks In West Virginia Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communityworkswv.org
Learn more at the official website: www.communityworkswv.org
Mission Statement of Communityworks In West Virginia Inc
Communityworks In West Virginia (CWWV) is committed to addressing housing and community development challenges in the state by providing a network of supportive organizations. The mission of this nonprofit is multifaceted, encompassing several key areas. Firstly, CWWV offers effective training and technical assistance to local housing organizations, aiming to equip them with the necessary skills and resources to address housing issues effectively.
Secondly, CWWV is invested in developing sustainable capital investments in local housing. This involves utilizing resources to create long-term solutions that enhance the overall quality of housing within West Virginia. Thirdly, the nonprofit advocates for sound housing policies, working to influence decision-makers and promote policies that positively impact housing in the state. Lastly, CWWV strives to increase public awareness of local housing issues, ensuring that the community is informed and engaged in efforts to improve housing conditions. By carrying out these initiatives, CWWV seeks to create housing and community development solutions for all West Virginians.
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Impact
July, 2024
Communityworks In West Virginia Inc positively impacts West Virginians by creating housing and community development solutions through a network of member organizations. They provide effective training and technical assistance to local housing organizations, develop sustainable capital investments in local housing, advocate for sound housing policies, and increase public awareness of local housing issues throughout the state. Despite challenges like the global pandemic, Communityworks In West Virginia Inc has remained steadfast in fulfilling its mission, programs, and regulatory compliance.
This information is meant to be a general summary of Communityworks In West Virginia 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 2022.
- Investment Income: $67,362
- Program Service Revenue: $2,064
- Gross Receipts: $623,083
Assets and Liabilities:
- Total Assets: $3,799,362
- Total Liabilities: $725,312
- Net Assets: $3,074,050
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN ORIGINATION FEES
Revenue
$2,064
Organization Details
Founding Year
1991
Phone
(304) 965-2241Principal Officer
T Craig Petry Ii
Main Address
4302 CREDE DRIVE, CHARLESTON, WV, 25302
Website
www.communityworkswv.orgNTEE Category
Code: L80Z - Housing
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