Overview
What is West Central Arkansas Planning And Development District Inc?
West Central Arkansas Planning and Development District Inc. is a nonprofit organization situated in Hot Springs, Arkansas. Their primary mission is to enhance and improve the social and economic well-being and opportunities for the community residing within their boundaries. To achieve this, they assist local governments and private organizations in securing federal and state grants. Specifically, they provide administrative support for grants from the Department of Labor for WIOA programs. With a workforce of 57 employees, they strive to promote economic development within their district, contributing positively to the community's growth and prosperity.
Official website here: www.wcapdd.dina
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
West Central Arkansas Planning and Development District Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The organization has a perfect score for the majority of its governance criteria, including having an entirely independent board and robust financial oversight. This high score indicates a commitment to transparency and responsible financial management.
The nonprofit demonstrates impressive financial health, with a program expense ratio of 81.19%, suggesting that a significant portion of its resources is directed toward its programs rather than administrative costs. Additionally, the organization shows no material diversion of assets, further indicating sound financial practices. The presence of key policies related to conflicts of interest, whistleblower protection, and document retention underscores its dedication to ethical governance.
While the organization excels in accountability and financial management, no specific information about its programmatic impact or community feedback is provided in the data. This lack of qualitative information leaves a gap in understanding the overall effectiveness of its initiatives. Nonetheless, the strong financial practices are a solid foundation for any nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is West Central Arkansas Planning And Development District Inc legitimate?
West Central Arkansas Planning And Development District Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Central Arkansas Planning And Development District 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: $1,102,918
For more financial information, click here
Official website here: www.wcapdd.dina
What is the mission statement of West Central Arkansas Planning And Development District Inc?
West Central Arkansas Planning and Development District Inc's mission is centered around improving and enhancing the social and economic well-being and opportunities for the people living within its boundaries. The organization actively promotes economic development and assists local governments and private organizations in securing federal and state grants. In essence, their goal is to uplift the community by fostering economic growth and providing assistance in grant acquisition.
Official website here: www.wcapdd.dina
What is the revenue of West Central Arkansas Planning And Development District Inc?
West Central Arkansas Planning And Development District Inc's revenue in 2024 was $3,425,083.
Official website here: www.wcapdd.dina
Who are the executives of West Central Arkansas Planning And Development District Inc and what are their salaries?
The average compensation at West Central Arkansas Planning And Development District Inc during 2024 was $47,953. There are 23 employees at West Central Arkansas Planning And Development District Inc.
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Official website here: www.wcapdd.dina
Where can I find the form 990 for West Central Arkansas Planning And Development District Inc?
West Central Arkansas Planning And Development District Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wcapdd.dina
Learn more at the official website: www.wcapdd.dina
Mission Statement of West Central Arkansas Planning And Development District Inc
West Central Arkansas Planning and Development District Inc, in its mission, strives to enhance and improve the social and economic well-being and opportunities for the people residing within its boundaries. The organization aims to promote economic development and provides assistance to local governments and private organizations in obtaining federal and state grants. By doing so, it seeks to boost the overall living standards and prospects for its community members. The nonprofit's mission is focused on improving the quality of life for its residents, fostering economic growth, and aiding local entities in securing necessary funding.
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Impact
July, 2024
West Central Arkansas Planning And Development District Inc has a significant impact on the social and economic well-being of the people residing within its boundaries. By promoting economic development and assisting local governments and private organizations in obtaining federal and state grants, this organization plays a crucial role in improving the overall opportunities available to the community. Additionally, by providing administration for grants from the Department of Labor for WIOA programs, West Central Arkansas Planning And Development District Inc directly supports workforce development initiatives that further contribute to the region's prosperity.
This information is meant to be a general summary of West Central Arkansas Planning And Development District 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 2024.
- Investment Income: $40,495
- Program Service Revenue: $603,125
- Gross Receipts: $3,425,083
Assets and Liabilities:
- Total Assets: $1,927,139
- Total Liabilities: $177,868
- Net Assets: $1,749,271
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMIN CONTRACTS
Revenue
$603,125
Organization Details
Founding Year
1970
Principal Officer
Dwayne Pratt
Website
www.wcapdd.dinaNTEE Category
Code: S300 - Community improvement
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