Overview
What is Sbc Development Corporation Inc?
Sbc Development Corporation Inc, based in Indianapolis, Indiana, is a nonprofit organization devoted to various charitable endeavors. Their primary focus includes running a street-based homeless outreach program, providing essentials such as meals, clothing, and emergency assistance to homeless individuals. They also offer a youth ministry program with summer camps and cultural enrichment activities, as well as programs for mathematics, science, and employment training. Furthermore, Sbc Development Corporation Inc incorporates a health and wellness ministry, the Ark of Healthy Living, which offers HIV/AIDS outreach services with education, seminars, screenings, support, and counseling for affected families. In addition, they provide support services for recovering alcohol and drug addicts, offering referrals and professional counseling as an intervention strategy. Overall, the corporation's mission is to contribute to societal improvement, health awareness, recreational, and community outreach programs, housing rehabilitation, housing development, and activities.
Official website here: www.polaindy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star Rating)
Sbc Development Corporation Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 69% based on its Accountability & Finance metrics. This rating indicates that while the organization demonstrates some strengths in financial management, there are areas needing improvement, particularly concerning governance policies.
The organization shows a strong commitment to accountability with a majority of its board members being independent and demonstrating good financial practices, including a low liabilities to assets ratio and a high program expense ratio. These factors suggest a focus on utilizing funds effectively for its mission.
However, the evaluation also highlights significant gaps in governance practices, such as the absence of a conflict of interest policy, a whistleblower policy, and a document retention policy. Addressing these issues could enhance the organization's overall rating and build greater trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Sbc Development Corporation Inc legitimate?
Sbc Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sbc Development Corporation 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: $69,870
Professional Fundraising Fees: $0
Other Salaries and Wages: $365,017
For more financial information, click here
Official website here: www.polaindy.com
What is the mission statement of Sbc Development Corporation Inc?
Sbc Development Corporation Inc is committed to providing charitable and societal improvement programs, focusing on health awareness, recreational activities, and community outreach. The corporation also engages in housing rehabilitation and development, offering various activities and seminars. Their work extends to addressing homelessness through a street-based outreach program, providing meals, clothing, and emergency assistance to those in need. Additionally, Sbc Development Corporation Inc runs a youth ministry program, offering cultural enrichment activities, education, and employment training to youths. The corporation also has a health and wellness ministry, "The Ark of Healthy Living," which offers HIV/AIDS outreach services, including education, counseling, and support to affected families. Lastly, Sbc Development Corporation Inc provides a support service ministry for recovering alcohol and drug addicts, offering referrals and professional counseling.
Official website here: www.polaindy.com
Who is the CEO of Sbc Development Corporation Inc?
David Greene Sr is the President of Sbc Development Corporation Inc.
Official website here: www.polaindy.com
What is the revenue of Sbc Development Corporation Inc?
Sbc Development Corporation Inc's revenue in 2022 was $1,527,552.
Official website here: www.polaindy.com
Who are the executives of Sbc Development Corporation Inc and what are their salaries?
The average compensation at Sbc Development Corporation Inc during 2022 was $18,120. There are 24 employees at Sbc Development Corporation Inc.
Here are 6 key members and their salaries:
- Compensation: $7,000
- Related: $92,725
- Other: $63,000
- Compensation: $62,870
- 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.polaindy.com
Where can I find the form 990 for Sbc Development Corporation Inc?
Sbc Development Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.polaindy.com
Learn more at the official website: www.polaindy.com
Mission Statement of Sbc Development Corporation Inc
Sbc Development Corporation Inc, a nonprofit organization, is committed to providing charitable programs, societal improvement, health awareness, recreational activities, and community outreach. Their mission extends to housing rehabilitation and development, offering a wide range of services to benefit the community. The corporation runs various programs, including a street-based homeless outreach program, which provides essentials such as meals, clothing, blankets, and emergency assistance to those in need.
In addition to their homeless outreach program, Sbc Development Corporation Inc also operates a youth ministry. This program offers summer camps and cultural enrichment activities, focusing on subjects like mathematics, science, drama, dance, reading, employment and training, conflict resolution, and providing a safe environment with loving role models. The organization's commitment to youth extends beyond recreational activities, as they also offer programs focused on education, conflict resolution, and personal development.
Furthermore, Sbc Development Corporation Inc has a health and wellness ministry, known as The Ark of Healthy Living. This ministry trains its members to conduct HIV/AIDS outreach services, providing education, seminars, screening, support, and counseling to families affected by the virus. The organization also offers information and referral services, aiming to provide comprehensive support to those in need. Lastly, Sbc Development Corporation Inc provides a support service ministry for recovering alcohol and drug addicts. They offer referrals and professional counseling as an intervention strategy, demonstrating their holistic approach to community well-being.
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Impact
July, 2024
SBC Development Corporation Inc's impact can be seen through the various programs and services it provides to the community. From street-based homeless outreach initiatives to youth ministry programs offering cultural enrichment activities and educational support, SBCDC is actively working to address societal challenges and improve the well-being of individuals in Indianapolis. Additionally, their health and wellness ministry, focused on HIV/AIDS outreach services, and support services for recovering alcohol and drug addicts demonstrate a commitment to addressing critical health issues and offering support to those in need. Through these efforts, SBC Development Corporation Inc is making a tangible difference in the lives of individuals and families in the community.
This information is meant to be a general summary of Sbc Development Corporation 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: $662
- Program Service Revenue: $401,376
- Gross Receipts: $1,527,552
Assets and Liabilities:
- Total Assets: $625,179
- Total Liabilities: $47,307
- Net Assets: $577,872
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATIONS
Revenue
$401,376
Organization Details
Founding Year
2003
Phone
(317) 925-0335Principal Officer
David Greene Sr
Main Address
3705 W KESSLER BLVD NORTH DR, INDIANAPOLIS, IN, 46222
Website
www.polaindy.comNTEE Category
Code: P20 - Human services
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