Overview
What is East Tampa Business And Community Development Alliance Inc?
East Tampa Business and Community Development Alliance Inc is a charitable organization situated in Tampa, Florida. Their primary mission is to foster a favorable environment for businesses, housing, and the community, aiming to stimulate economic opportunities and enhance living conditions. A crucial part of their mission involves rehabilitating and developing affordable housing for low to moderate-income families. With a dedicated workforce of just two individuals, this nonprofit organization works tirelessly to improve the living conditions of their local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The East Tampa Business and Community Development Alliance Inc has received an overall score of 84%, indicating a solid performance in its accountability and finance practices. This score is heavily influenced by their commitment to transparency and governance, evidenced by 100% independent board members and thorough oversight measures in place. Their financial statements reflect good practices, and they maintain appropriate policies such as conflict of interest and whistleblower protections.
Strengths noted in the evaluation include a high program expense ratio, which suggests that a significant portion of their funds is directed towards their programs rather than administrative costs. Additionally, they have shown no material diversion of assets, reinforcing their integrity in financial management. The organization has appropriate documentation available for board meeting minutes, enhancing accountability.
However, the organization does have a liabilities to assets ratio of 65.84%, which may raise some concerns regarding their financial stability compared to their obligations. While the overall score is commendable, addressing this aspect could further strengthen their financial health and overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is East Tampa Business And Community Development Alliance Inc legitimate?
East Tampa Business And Community Development Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Tampa Business And Community Development Alliance 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,591
For more financial information, click here
What is the mission statement of East Tampa Business And Community Development Alliance Inc?
The East Tampa Business and Community Development Alliance Inc's mission is centered around fostering a thriving business, housing, and community environment. This aim is to stimulate economic prospects and enhance living conditions. Additionally, the organization is dedicated to rehabilitating and developing affordable housing options for families falling under the low to moderate income bracket. Their charitable efforts are geared towards improving the living conditions within the community.
Who is the CEO of East Tampa Business And Community Development Alliance Inc?
Dianne Hart is the President of East Tampa Business And Community Development Alliance Inc. The CEO's salary of East Tampa Business And Community Development Alliance Inc is $0 and their total compensation is $0.
What is the revenue of East Tampa Business And Community Development Alliance Inc?
East Tampa Business And Community Development Alliance Inc's revenue in 2022 was $3,610,995.
Who are the executives of East Tampa Business And Community Development Alliance Inc and what are their salaries?
The average compensation at East Tampa Business And Community Development Alliance Inc during 2022 was $27,296. There are 2 employees and 350 volunteers at East Tampa Business And Community Development Alliance Inc.
Here are 11 key members and their salaries (East Tampa Business And Community Development Alliance Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for East Tampa Business And Community Development Alliance Inc?
East Tampa Business And Community Development Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of East Tampa Business And Community Development Alliance Inc
East Tampa Business and Community Development Alliance Inc is dedicated to enhancing the livability of the community by fostering a conducive business, housing, and community environment. Their mission is twofold: firstly, to stimulate economic opportunities by creating a favorable climate for businesses. Secondly, they aim to improve living conditions by rehabilitating and developing affordable housing for families with low to moderate incomes. This charitable organization strives to uplift the living standards of the community residents, contributing to a more prosperous and inclusive neighborhood.
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Impact
July, 2024
The impact of the East Tampa Business And Community Development Alliance Inc can be seen in the tangible improvements it brings to the community. Through its efforts, the organization plays a vital role in developing a healthy business environment, improving housing conditions, and stimulating economic opportunities in East Tampa. By rehabilitating and developing affordable housing for low to moderate-income families, the Alliance directly contributes to enhancing living conditions and fostering a more prosperous community. In doing so, it is actively working towards its mission of creating a better quality of life for residents in the area and promoting overall community improvement.
This information is meant to be a general summary of East Tampa Business And Community Development Alliance 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: $3,063
- Program Service Revenue: $3,608,097
- Gross Receipts: $4,204,788
Assets and Liabilities:
- Total Assets: $14,085,614
- Total Liabilities: $10,294,173
- Net Assets: $3,791,441
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COVID FOOD PANTRY
Revenue
$1,937,253
HOUSING DEVELOP & REHAB
Revenue
$950,844
NEW CONSTRUCTION SALES
Revenue
$720,000
Organization Details
Founding Year
2001
Phone
(813) 248-3977Principal Officer
Dianne Hart
Main Address
PO BOX 11688, TAMPA, FL, 33680
NTEE Category
Code: S30 - Community improvement
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