Overview
What is Mt Pleasant Community Development Corporation Inc?
Mt Pleasant Community Development Corporation Inc is a nonprofit organization situated in Monroe, Louisiana. With a mission to combat neighborhood deterioration in Northeast Louisiana, the organization offers various services to the community at no cost. Their programs primarily focus on housing, education, and youth and senior citizen support. The housing counseling program provides pre-purchase, reverse mortgage, rental, and non-delinquency post-purchase counseling services. The Adopt-A-Senior initiative collaborates with the food bank of Northeast Louisiana to distribute food to senior citizens. The Mentoring Program sponsors extracurricular activities for youth, such as little league football and baseball teams. Through the Vita-Site program, they offer income tax services, and the Food Pantry serves over 600 families monthly. The corporation aims to provide decent, safe, sanitary, and affordable housing while addressing educational needs and supporting positive activities for youth and senior citizens. With a team of 17 dedicated individuals, Mt Pleasant Community Development Corporation Inc works tirelessly to uplift their community.
Official website here: www.mtpcdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating.
The Mt Pleasant Community Development Corporation Inc has received a 69% rating from Charity Navigator, reflecting a moderate level of accountability and financial health. The organization earns full points for its independent board size and the absence of asset diversion, indicating strong governance in these areas. However, there are significant deficiencies in policies such as conflict of interest, whistleblower, and document retention, which have led to a lower overall score.
While the organization allocates a commendable 73.31% of its expenses towards programs, which positively impacts its program expense ratio, the lack of transparency in governance policies is a notable concern. The absence of publicly posted tax forms further detracts from the organization's credibility, highlighting areas that could benefit from improvement to enhance trust among stakeholders.
Ultimately, while the Mt Pleasant Community Development Corporation demonstrates strengths in program spending and board independence, it faces important challenges in governance and policy implementation that could affect its standing with donors and the community. Addressing these issues could help improve its rating and overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Mt Pleasant Community Development Corporation Inc legitimate?
Mt Pleasant Community Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt Pleasant Community 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $324,167
For more financial information, click here
Official website here: www.mtpcdc.org
What is the mission statement of Mt Pleasant Community Development Corporation Inc?
The Mt Pleasant Community Development Corporation Inc is committed to combating deterioration in neighborhoods by providing decent, safe, sanitary, and affordable housing. They also focus on addressing educational needs and supporting positive activities for both youth and senior citizens in the community. The organization offers various programs at no cost to the community, including housing counseling services, a senior citizen food assistance program, a mentoring program for youth, income tax assistance, and a food pantry available every Wednesday. Their activities aim to improve the living conditions and opportunities for individuals and families in need.
Official website here: www.mtpcdc.org
Who is the CEO of Mt Pleasant Community Development Corporation Inc?
Clarence Smith is the President of Mt Pleasant Community Development Corporation Inc.
Official website here: www.mtpcdc.org
What is the revenue of Mt Pleasant Community Development Corporation Inc?
Mt Pleasant Community Development Corporation Inc's revenue in 2022 was $571,929.
Official website here: www.mtpcdc.org
Who are the executives of Mt Pleasant Community Development Corporation Inc and what are their salaries?
The average compensation at Mt Pleasant Community Development Corporation Inc during 2022 was $19,069. There are 17 employees at Mt Pleasant Community Development Corporation Inc.
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Official website here: www.mtpcdc.org
Where can I find the form 990 for Mt Pleasant Community Development Corporation Inc?
Mt Pleasant Community Development Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mtpcdc.org
Learn more at the official website: www.mtpcdc.org
Mission Statement of Mt Pleasant Community Development Corporation Inc
Mt Pleasant Community Development Corporation Inc is committed to combating the deterioration in neighborhoods in Northeast Louisiana. Their mission is twofold: to provide decent, safe, sanitary, and affordable housing for individuals and families, and to address educational needs and support positive activities for both youth and senior citizens. This nonprofit organization offers various programs aimed at satisfying the needs of the community, all of which are provided at no cost.
One of their key initiatives is housing counseling and education, which includes pre-purchase, reverse mortgage, rental, and non-delinquency post-purchase counseling services. This program aims to assist individuals and families in navigating the often complex world of housing, ensuring they make informed decisions and avoid financial troubles.
In addition to housing services, Mt Pleasant Community Development Corporation Inc also provides resources for the community's elderly population. Through the Adopt-A-Senior program, they partner with the food bank of Northeast Louisiana to provide food to at least ten senior citizens each month. This program helps alleviate food insecurity among the elderly, ensuring they have access to nutritious meals.
Furthermore, the nonprofit offers a mentoring program for youth. This program provides opportunities for young people to enhance their life skills and gain experiences through extracurricular activities, such as sponsoring little league football and baseball teams. By offering these programs, Mt Pleasant Community Development Corporation Inc is helping to shape the future of its community's youth.
Mt Pleasant Community Development Corporation Inc also operates a Vita-Site program, which provides income tax services to individuals and families. This program is invaluable, as many people struggle with the complexities of tax preparation. By offering this service, the nonprofit is helping to ensure that its community members are able to maximize their tax refunds and maintain financial stability.
Lastly, the food pantry program provides food for over 600 families monthly. The pantry is available every Wednesday during the month, providing a reliable source of food for those in need.
In summary, Mt Pleasant Community Development Corporation Inc is dedicated to improving the lives of individuals and families in Northeast Louisiana. Through their housing counseling, Adopt-A-Senior, mentoring, Vita-Site, and food pantry programs, they are addressing critical needs in their community, from housing and education to food security and financial stability.
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Impact
July, 2024
Mt Pleasant Community Development Corporation Inc's impact includes combating neighborhood deterioration in Northeast Louisiana by providing decent, safe, and affordable housing. Additionally, they address educational needs and support positive activities for youth and senior citizens in the community. Through programs such as housing counseling, Adopt-A-Senior, mentoring programs, Vita-Site income tax services, and a food pantry serving over 600 families monthly, the organization makes a tangible difference in the lives of individuals and families in Ouachita Parish, Louisiana.
This information is meant to be a general summary of Mt Pleasant Community 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.
- Program Service Revenue: $267,667
- Gross Receipts: $571,929
Assets and Liabilities:
- Total Assets: $2,477,887
- Total Liabilities: $190,051
- Net Assets: $2,287,836
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Support Service Fee Inc
Revenue
$14,160
Developer Fee Income
Revenue
$171,524
Management Fee Income
Revenue
$81,983
Organization Details
Founding Year
1997
Principal Officer
Clarence Smith
Main Address
105 Bernice Drive, Monroe, LA, 71201
Website
www.mtpcdc.orgNTEE Category
Code: L20 - Housing
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