Overview
What is Urban Impact Inc?
Urban Impact Inc is a nonprofit organization situated in Birmingham, Alabama, with its headquarters at 1721 4th Avenue North Suite 102. Their primary focus is on fostering economic opportunities and creating equitable ecosystems in traditionally underserved commercial districts and neighborhoods. Through innovative community-based strategies, they aim to preserve history, promote sustainable growth, and enhance the quality of life for Birmingham residents. To achieve this mission, Urban Impact Inc collaborates with various entities and organizations, including hosting the Taste of 4th Avenue Jazz Festival, which offers an educational perspective on the city's historic Fourth Avenue business district and provides free festival admission. With approximately 4 employees, Urban Impact Inc contributes to Birmingham's growth and development by investing in people and places.
Official website here: www.urbanimpactbirmingham.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
Urban Impact Inc has achieved a commendable score of 84%, which reflects its commitment to accountability and finance. The organization has a strong independent board, with 100% of its board members being independent. It also demonstrates effective financial oversight, as evidenced by a solid liabilities to assets ratio and a high program expense ratio of 77.53%, indicating that a significant portion of its resources is allocated to programs rather than administrative costs.
However, the organization does face some limitations. Notably, it lacks key governance policies, such as a conflict of interest policy and a whistleblower policy, which are critical for transparency and ethical management. Additionally, the absence of a posted Tax Form on the nonprofit's website could hinder potential donors’ ability to conduct their own due diligence.
Overall, while Urban Impact Inc showcases strong financial management and independence, addressing its governance gaps could enhance its credibility and overall effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Urban Impact Inc legitimate?
Urban Impact Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Impact 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: $103,068
Professional Fundraising Fees: $0
Other Salaries and Wages: $218,318
For more financial information, click here
Official website here: www.urbanimpactbirmingham.org
What is the mission statement of Urban Impact Inc?
Urban Impact Inc's mission is centered around fostering economic opportunities and promoting equitable development. They aim to achieve this by creating and implementing community-driven strategies. These strategies focus on enhancing inclusive ecosystems, preserving history, and ensuring sustainable growth. Their goal is to serve as a leading ecosystem builder, investing in people and places to enhance the quality of life, particularly in traditionally underserved districts and neighborhoods.
Official website here: www.urbanimpactbirmingham.org
Who is the CEO of Urban Impact Inc?
Carla Youngblood is the Chairman of Urban Impact Inc.
Official website here: www.urbanimpactbirmingham.org
What is the revenue of Urban Impact Inc?
Urban Impact Inc's revenue in 2022 was $1,047,268.
Official website here: www.urbanimpactbirmingham.org
Who are the executives of Urban Impact Inc and what are their salaries?
The average compensation at Urban Impact Inc during 2022 was $80,346. There are 4 employees and 9 volunteers at Urban Impact Inc.
Here are 19 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.urbanimpactbirmingham.org
Where can I find the form 990 for Urban Impact Inc?
Urban Impact Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.urbanimpactbirmingham.org
Learn more at the official website: www.urbanimpactbirmingham.org
Mission Statement of Urban Impact Inc
Urban Impact Inc is dedicated to spearheading innovative community-driven initiatives and programs. Their primary objective is to boost economic prospects, foster inclusive and equitable environments, promote historical preservation, and establish a robust, influential framework for sustainable growth and development. This nonprofit organization aspires to serve as a pioneering ecosystem builder, investing in people and strategically developing communities in traditionally underserved commercial districts and neighborhoods. By doing so, Urban Impact Inc aims to enhance the quality of life for local residents.
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
Urban Impact Inc's impact can be seen in its efforts to enhance economic opportunity and create inclusive ecosystems in Birmingham, AL. By investing in people and developing place equitably, Urban Impact Inc is increasing the quality of life for residents in underserved commercial districts and neighborhoods. Through initiatives like the Taste of 4th Avenue Jazz Festival, Urban Impact Inc collaborates with other entities to advance the spirit of jazz and educate the community on the history of the Fourth Avenue business district. This organization is a lead ecosystem builder, driving sustainable growth and development while prioritizing historic preservation and community well-being.
This information is meant to be a general summary of Urban Impact 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: $453
- Program Service Revenue: $2,263
- Gross Receipts: $1,047,268
Assets and Liabilities:
- Total Assets: $368,984
- Total Liabilities: $171,977
- Net Assets: $197,007
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.
Program Fees
Revenue
$2,263
Organization Details
Founding Year
1980
Phone
(205) 328-1850Principal Officer
Carla Youngblood
Main Address
1721 4th Avenue North Suite 102, Birmingham, AL, 35203
NTEE Category
Code: T20I - Philanthropy
If you are a representative of Urban Impact 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.