Overview
What is Economic Improvement Council Inc?
Economic Improvement Council Inc is a North Carolina-based nonprofit organization with a mission to operate federal and state programs aimed at improving the lives of economically disadvantaged communities. Their primary focus includes managing Head Start and Early Head Start programs, which provide comprehensive health, education, nutrition, social services, and other resources to eligible children. In addition, they offer low-income housing, weatherization assistance, job development, and day care programs. With a team of 351 dedicated employees, Economic Improvement Council Inc strives to create a positive impact on families and children in need.
Official website here: www.eicca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
The Economic Improvement Council Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance primarily in the Accountability & Finance category. With a score of 77%, the organization demonstrates strong governance practices, including having an independent board with all members meeting the criteria for independence.
Strengths of the organization include a high program expense ratio of 96.28%, indicating that a significant portion of its funds is directed towards programs rather than administrative costs. There are also no noted material diversions of assets, which speaks to the integrity of its financial management. Additionally, the presence of conflict of interest and document retention policies enhances its accountability framework.
However, a limitation noted is the absence of a whistleblower policy, which could impact transparency and accountability in reporting unethical behavior. While the organization showcases several strengths, addressing this gap could further improve its governance and accountability standards.
This AI summary has been generated from information found on Charity Navigator.
Is Economic Improvement Council Inc legitimate?
Economic Improvement Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Economic Improvement Council 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: $292,804
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,649,364
For more financial information, click here
Official website here: www.eicca.org
What is the mission statement of Economic Improvement Council Inc?
The Economic Improvement Council Inc is dedicated to operating federal and state programs that cater to the needs of low-income individuals and families. Among these programs are those that provide housing, Head Start and Early Head Start, weatherization assistance, job development, and day care services. In particular, the Head Start/Early Head Start Program focuses on serving economically disadvantaged children by offering comprehensive health, education, nutrition, social, and other essential services.
Official website here: www.eicca.org
What is the revenue of Economic Improvement Council Inc?
Economic Improvement Council Inc's revenue in 2023 was $24,853,738.
Official website here: www.eicca.org
Who are the executives of Economic Improvement Council Inc and what are their salaries?
The average compensation at Economic Improvement Council Inc during 2023 was $25,476. There are 351 employees and 805 volunteers at Economic Improvement Council Inc.
Here are 17 key members and their salaries:
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- Compensation: $186,468
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- Compensation: $106,336
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Official website here: www.eicca.org
Where can I find the form 990 for Economic Improvement Council Inc?
Economic Improvement Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.eicca.org
Learn more at the official website: www.eicca.org
Mission Statement of Economic Improvement Council Inc
Economic Improvement Council Inc is a nonprofit organization that operates various federal and state programs aimed at improving the lives of low-income individuals and families. One of its primary initiatives is the Head Start and Early Head Start program, which offers comprehensive services to economically disadvantaged children.
Through this program, Economic Improvement Council Inc provides a range of essential services, including health care, education, nutrition, social support, and other resources to help young children thrive. The organization's commitment to children's well-being goes beyond the classroom, as it also offers crucial services that address the unique needs of each family.
In addition to Head Start and Early Head Start, Economic Improvement Council Inc manages a number of other programs. These include initiatives focused on low-income housing, weatherization assistance, job development, and day care services. By offering these essential services, the organization not only helps individuals and families meet their basic needs but also empowers them to build a stronger foundation for the future.
Economic Improvement Council Inc's mission is multifaceted and far-reaching, encompassing a wide range of programs designed to improve the lives of those in need. Through its various initiatives, the organization provides vital resources and support to help individuals and families overcome the challenges they face and build a brighter future for themselves and their communities.
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Impact
October, 2024
Economic Improvement Council Inc plays a significant role in enhancing the quality of life for low-income individuals and families in Edenton, NC. By operating federal and state programs, it addresses critical needs through various services such as low-income housing, job development, and daycare programs.
The Head Start and Early Head Start programs specifically focus on serving economically disadvantaged children, ensuring they receive comprehensive services that include health, education, nutrition, and social support. This holistic approach not only aids children but also empowers families, fostering long-term economic stability and community well-being.
Additionally, the organization's weatherization assistance program contributes to energy efficiency and cost savings for low-income households, further improving living conditions. Through these initiatives, Economic Improvement Council Inc has a profound impact on breaking the cycle of poverty and promoting self-sufficiency for those it serves.
This information is meant to be a general summary of Economic Improvement Council 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: $9,506
- Program Service Revenue: $310,715
- Gross Receipts: $24,853,738
Assets and Liabilities:
- Total Assets: $4,849,921
- Total Liabilities: $752,130
- Net Assets: $4,097,791
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$310,715
Organization Details
Founding Year
1966
Principal Officer
Dr Landon Mason
Website
www.eicca.orgNTEE Category
Code: P20Z - Human services
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