Overview
What is Northeast Neighborhood Association Inc?
Northeast Neighborhood Association Inc is a nonprofit organization with an aim to establish a museum that celebrates local African American history. Their goal is to promote truth, healing, and transformation through this endeavor. Although the description provided is limited, it's clear that they are committed to this mission, advocating for racial understanding and progress within their community. The organization's activities are not further detailed in the information provided, but their focus on historical preservation and promoting dialogue suggests a broad scope of impact within their community.
Official website here: www.nenava.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36% (Zero-Star out of Four Star rating)
The Northeast Neighborhood Association Inc has received a Zero-Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The rating is heavily influenced by its lack of essential governance policies, such as a conflict of interest policy and a whistleblower policy, both of which received zero points. While it does have a majority of independent board members and maintains proper documentation for board meeting minutes, these positives are overshadowed by the absence of critical oversight mechanisms.
The organization reports a program expense ratio of 45.09%, which is notably low and indicates that a significant portion of its resources may not be directed toward its core mission. Additionally, the liabilities to assets ratio stands at 0.00%, which might suggest a lack of financial obligations but could also imply under-utilization of available resources. This raises questions about the overall effectiveness and impact of the nonprofit's initiatives.
Overall, while the Northeast Neighborhood Association Inc demonstrates some strengths in board independence and transparency in documenting meetings, the lack of fundamental governance policies and low program expense ratio indicate serious challenges that could hinder its mission effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Northeast Neighborhood Association Inc legitimate?
Northeast Neighborhood Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeast Neighborhood Association 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: $6,984
For more financial information, click here
Official website here: www.nenava.org
What is the mission statement of Northeast Neighborhood Association Inc?
The Northeast Neighborhood Association Inc's mission is centered around establishing a museum that showcases local African American history. This institution aims to foster truth-telling, racial healing, and transformation. By doing so, the association seeks to promote understanding, reconciliation, and progress in the community.
Official website here: www.nenava.org
Who is the CEO of Northeast Neighborhood Association Inc?
Karen Thomas is the President of Northeast Neighborhood Association Inc.
Official website here: www.nenava.org
What is the revenue of Northeast Neighborhood Association Inc?
Northeast Neighborhood Association Inc's revenue in 2022 was $78,941.
Official website here: www.nenava.org
Who are the executives of Northeast Neighborhood Association Inc and what are their salaries?
The average compensation at Northeast Neighborhood Association Inc during 2022 was $6,984. There is 1 employee and 10 volunteers at Northeast Neighborhood Association Inc.
Here are 8 key members and their salaries:
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- Compensation: $500
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Official website here: www.nenava.org
Where can I find the form 990 for Northeast Neighborhood Association Inc?
Northeast Neighborhood Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nenava.org
Learn more at the official website: www.nenava.org
Mission Statement of Northeast Neighborhood Association Inc
Northeast Neighborhood Association Inc is dedicated to establishing a museum that showcases local African American history. Their mission extends beyond just preservation, aiming to foster truth-telling, racial healing, and transformation. By promoting a deeper understanding of the past, this organization aspires to contribute to a more unified and equitable community. Their work is rooted in the belief that acknowledging and addressing historical injustices is essential for creating a more inclusive and harmonious society.
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Impact
August, 2024
The Northeast Neighborhood Association Inc is making a significant impact by creating a museum for local African American history in Harrisonburg, VA. Through their activities, they are promoting truth-telling, racial healing, and transformation in the community. Their focus on youth development is particularly noteworthy, as they strive to educate and empower the younger generation with the knowledge of their heritage.
This information is meant to be a general summary of Northeast Neighborhood Association 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: $132
- Gross Receipts: $89,101
Assets and Liabilities:
- Total Assets: $620,279
- Total Liabilities: $124
- Net Assets: $620,155
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Organization Details
Founding Year
2011
Phone
(540) 421-5135Principal Officer
Karen Thomas
Main Address
P O Box 1026, Harrisonburg, VA, 22803
Website
www.nenava.orgNTEE Category
Code: O53 - Youth development
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