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Barron Heights Community Development Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 621599468 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Barron Heights Community Development Corporation?

Barron Heights Community Development Corporation is a nonprofit organization situated in Memphis, Tennessee, specifically at 1385 Lamar Ave. Their primary mission is to offer transitional housing for veterans, providing them with a shelter for up to 24 months. This service aims to support and assist veterans during their transition periods. The organization is staffed by a team of 10 individuals, demonstrating their dedication to this cause.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Stars)

Barron Heights Community Development Corporation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization has demonstrated a robust commitment to transparency, with all board members being independent, and has successfully maintained a solid audit of its financial statements. This high rating suggests that donors can trust the organization to manage its resources responsibly.

The nonprofit excels in several key areas, notably in its program expense ratio, which stands at an impressive 100%. This indicates that all of its expenses are directed towards its programs, signifying a strong focus on mission fulfillment. Additionally, Barron Heights has effective governance practices, with a well-structured conflict of interest policy and proper documentation of board meeting minutes, highlighting its commitment to ethical operations.

While the ratings are highly favorable, it's important for potential donors and stakeholders to continue monitoring the organization's performance and impact in the community. The absence of any material diversion of assets further strengthens its reliability, but ongoing engagement and support will be crucial for sustaining its positive trajectory.


This AI summary has been generated from information found on Charity Navigator.

Is Barron Heights Community Development Corporation legitimate?

Barron Heights Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Barron Heights 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $319,552

For more financial information, click here

What is the mission statement of Barron Heights Community Development Corporation?

The Barron Heights Community Development Corporation is committed to serving veterans by offering transitional housing accommodations for a period of up to 24 months. This mission is aimed at providing a supportive environment for these individuals during their transition period, enabling them to reintegrate into society effectively. The organization's primary focus is to offer a temporary residence, allowing veterans to stabilize their lives and prepare for their future endeavors. The corporation's services are designed to facilitate veterans' reintegration into mainstream society, providing them with the necessary resources and time to regain their footing.

Who is the CEO of Barron Heights Community Development Corporation?

Noel Hunter is the Vice President of Barron Heights Community Development Corporation.

What is the revenue of Barron Heights Community Development Corporation?

Barron Heights Community Development Corporation's revenue in 2022 was $2,651,124.

Who are the executives of Barron Heights Community Development Corporation and what are their salaries?

The average compensation at Barron Heights Community Development Corporation during 2022 was $31,955. There are 10 employees at Barron Heights Community Development Corporation.


Here are 9 key members and their salaries:


Darrell Thomas (Chairman-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noel Hunter (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Bufford (Secretary-Treasurer)
  • Compensation: $13,500
  • Related: $0
  • Other: $0
Nathaniel Drew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thelma Perkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harris Ijames (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reginald Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Barron Heights Community Development Corporation?

Barron Heights Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Barron Heights Community Development Corporation

Barron Heights Community Development Corporation is dedicated to serving veterans by providing them with transitional housing for a period of up to 24 months. This organization's mission is centered around offering a supportive environment for veterans as they transition back into civilian life. By providing this essential service, Barron Heights Community Development Corporation plays a significant role in helping veterans regain stability and independence. The organization's focus on transitional housing is a testament to its commitment to supporting veterans in their journey towards reintegration into society.

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Impact




July, 2024

Barron Heights Community Development Corporation's impact is significant in providing transitional housing for veterans for up to 24 months in Memphis, TN. By offering this crucial support, the organization helps veterans in need to transition back to civilian life successfully. Their work contributes to improving the well-being and stability of veterans while also addressing the issue of homelessness among this population. Through their dedicated efforts, Barron Heights Community Development Corporation positively impacts the lives of veterans and the community as a whole.




This information is meant to be a general summary of Barron Heights 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.

Revenue
$2,651,124 (2022)
Expenses
$2,027,356 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $2,651,124

Assets and Liabilities:

  • Total Assets: $1,863,751
  • Total Liabilities: $321,563
  • Net Assets: $1,542,188

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Organization Details

Founding Year

1995

Principal Officer

Noel Hunter

Main Address

1385 LAMAR AVE, MEMPHIS, TN, 381044841

NTEE Category

Code: P20 - Human services

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