Overview
What is Jefferson Woodlawn Lake Community Development Corporation?
The Jefferson Woodlawn Lake Community Development Corporation is a nonprofit organization situated in its local community. Its primary focus is on fostering business growth and attraction within the neighborhood. Through their initiatives, they aim to organize existing businesses and encourage the establishment of new ventures, thereby contributing to the overall development of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 13%
Jefferson Woodlawn Lake Community Development Corporation has received a 13% score from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This low rating indicates significant concerns regarding the nonprofit's accountability and financial practices. Key issues include a complete absence of independent board members and missing important governance policies, which raises questions about the organization's oversight and transparency.
The organization does have a documented practice of holding board meetings, as indicated by the presence of board meeting minutes. However, essential policies such as conflict of interest and whistleblower protections are notably missing, which further highlights the lack of robust governance frameworks. Additionally, the nonprofit's website was not listed on tax forms, detracting from its accessibility and transparency.
Financially, the organization shows a low program expense ratio of 21.80%, suggesting that a minimal portion of its expenditures is directed toward programs. Coupled with a liabilities-to-assets ratio of 5.09%, these financial indicators point to potential inefficiencies in resource allocation and overall financial management. Overall, the organization faces critical challenges that may impede its effectiveness and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Jefferson Woodlawn Lake Community Development Corporation legitimate?
Jefferson Woodlawn Lake Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jefferson Woodlawn Lake Community Development Corporation 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: $0
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What is the mission statement of Jefferson Woodlawn Lake Community Development Corporation?
The Jefferson Woodlawn Lake Community Development Corporation focuses its efforts on organizing local businesses and attracting new ones to the neighborhood. Its mission is to stimulate economic growth and development within the community by fostering a business-friendly environment. The corporation's activities aim to enhance the commercial vibrancy of the area, thereby creating opportunities for local residents and businesses. By coordinating business activities and promoting entrepreneurship, the organization seeks to contribute to the overall well-being and vitality of the community.
What is the revenue of Jefferson Woodlawn Lake Community Development Corporation?
Jefferson Woodlawn Lake Community Development Corporation's revenue in 2024 was -$17,318.
Who are the executives of Jefferson Woodlawn Lake Community Development Corporation and what are their salaries?
Here are 4 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
Where can I find the form 990 for Jefferson Woodlawn Lake Community Development Corporation?
Jefferson Woodlawn Lake Community Development Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Jefferson Woodlawn Lake Community Development Corporation
Jefferson Woodlawn Lake Community Development Corporation is dedicated to orchestrating the organization of businesses within its neighborhood and attracting new enterprises. In essence, its primary mission is to stimulate the growth and development of local businesses, thereby enhancing the economic vitality and overall well-being of the community. By engaging in these activities, the organization seeks to foster a thriving business environment, ultimately contributing to the overall prosperity of the neighborhood.
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Impact
August, 2024
Jefferson Woodlawn Lake Community Development Corporation plays a crucial role in revitalizing and enhancing the local community in San Antonio, TX. Through its main activities of organizing businesses in the neighborhood and attracting new business, the organization contributes to the economic growth and overall improvement of the community. Its impact can be seen in the positive changes, increased opportunities, and strengthened sense of community within the area.
This information is meant to be a general summary of Jefferson Woodlawn Lake Community Development Corporation. 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.
- Program Service Revenue: $3,000
- Gross Receipts: $1,375,463
Assets and Liabilities:
- Total Assets: $212,232
- Total Liabilities: $10,809
- Net Assets: $201,423
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
bingo donations
Revenue
$3,000
Organization Details
Founding Year
1994
Principal Officer
Paul Stahl
NTEE Category
Code: S20 - Community improvement
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