Overview
What is Pearl Street Community Development?
Pearl Street Community Development, based in Jackson, Mississippi, is a small yet impactful nonprofit organization with a mission to enhance the living conditions of economically disadvantaged citizens in the metropolitan area. Their work extends beyond providing basic necessities, as they are also committed to offering educational opportunities and fostering economic development. The organization meets the social needs of disadvantaged families, youth, and senior citizens, ensuring a holistic approach to community development. Their headquarters can be found on Robinson Street in Jackson.
Official website here: www.pearlstreetcdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
Pearl Street Community Development has received a low rating of 56%, indicating significant areas for improvement in accountability and finance. The organization has a concerning lack of independent board members, which raises questions about governance and oversight. While there are positive aspects, such as no material diversion of assets and a perfect program expense ratio, the overall score reflects poorly on its structural integrity.
Strengths include proper documentation of board meeting minutes and an excellent liabilities to assets ratio, showcasing financial stability. However, the absence of key policies, including conflict of interest, whistleblower, and document retention, highlights a lack of transparency and ethical safeguards. These deficiencies can undermine trust among stakeholders and donors.
In summary, while Pearl Street Community Development is effectively utilizing its resources for programs, the organization must address governance and policy issues to improve its standing and accountability. A focus on establishing an independent board and implementing essential policies could enhance its credibility and operational effectiveness in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is Pearl Street Community Development legitimate?
Pearl Street Community Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pearl Street Community Development 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: $81,875
For more financial information, click here
Official website here: www.pearlstreetcdc.org
What is the mission statement of Pearl Street Community Development?
Pearl Street Community Development is an organization dedicated to enhancing the lives of economically disadvantaged individuals in a metropolitan area, primarily focusing on families, youth, and senior citizens. Their mission is multifaceted, aimed at improving the community's quality of life, fostering educational opportunities, and promoting economic development. To achieve this, they address the social needs of their target population, striving to make a positive impact on their lives. The organization also maintains a housing program, as indicated by their property on Hariotte Ave.
Official website here: www.pearlstreetcdc.org
Who is the CEO of Pearl Street Community Development?
Lure Berry is the Treasurer of Pearl Street Community Development.
Official website here: www.pearlstreetcdc.org
What is the revenue of Pearl Street Community Development?
Pearl Street Community Development's revenue in 2022 was $837,639.
Official website here: www.pearlstreetcdc.org
Who are the executives of Pearl Street Community Development and what are their salaries?
The average compensation at Pearl Street Community Development during 2022 was $81,875. There is 1 employee at Pearl Street Community Development.
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Official website here: www.pearlstreetcdc.org
Where can I find the form 990 for Pearl Street Community Development?
Pearl Street Community Development's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pearlstreetcdc.org
Learn more at the official website: www.pearlstreetcdc.org
Mission Statement of Pearl Street Community Development
Pearl Street Community Development, a nonprofit organization, is committed to enhancing the living standards of economically disadvantaged individuals in the metropolitan Jackson community. Their mission is multifaceted, encompassing three key objectives: improving the quality of life, providing educational opportunities, and promoting economic development. To achieve these goals, they focus on addressing the social needs of disadvantaged families, youth, and senior citizens.
In practical terms, Pearl Street Community Development works towards improving the living conditions of the community by identifying and addressing various challenges. They provide educational opportunities that empower individuals, enabling them to acquire the skills necessary to secure better opportunities and improve their lives. Furthermore, the organization plays a crucial role in fostering economic development in the community by addressing its social needs.
The mission of Pearl Street Community Development is reflected in their housing program, which maintains a property on Harriotte Avenue. This program is just one example of how the organization is putting its mission into action, working towards a brighter future for the economically disadvantaged individuals in the metropolitan Jackson community.
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Impact
July, 2024
Pearl Street Community Development has had a significant impact on the economically deprived Metro Jackson community by providing educational opportunities and advancing economic development through meeting the social needs of disadvantaged families, youth, and senior citizens. Their housing program, such as maintaining a property on Hariotte Ave., has directly improved the quality of life for those in need. Their work in human services has made a tangible difference in addressing the challenges faced by marginalized individuals and enhancing the overall well-being of the community.
This information is meant to be a general summary of Pearl Street Community Development. 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.
- Gross Receipts: $845,434
Assets and Liabilities:
- Total Assets: $1,217,349
- Total Liabilities: $0
- Net Assets: $1,217,349
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Organization Details
Founding Year
2002
Principal Officer
Lure Berry
Main Address
2519 ROBINSON STREET 2ND FLOOR, JACKSON, MS, 39209
Website
www.pearlstreetcdc.orgNTEE Category
Code: P33 - Human services
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