Overview
What is Brookside Community Development Corporation?
Brookside Community Development Corporation is a nonprofit organization situated in Indianapolis, Indiana, specifically at 1035 N Olney St. Their primary mission is to offer stability and accountability to individuals and families grappling with inconsistent and unreliable housing. Through their housing program, they provide a sense of dignity and connection by involving volunteers and staff in restoration projects. These projects go beyond just providing homes; they serve as investments in the unique people who contribute to their neighborhood. The organization currently manages 37 addresses and strives to create opportunities for renewal and transformation in the lives of residents in the Brookside neighborhood. With a workforce of 50 individuals, the Brookside Community Development Corporation works towards renewal in their community, one life at a time, through reentry, play, and housing initiatives.
Official website here: www.brooksidecdc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87%, Three-Star out of Four Star rating.
Brookside Community Development Corporation has received a solid Three-Star rating from Charity Navigator, indicating good performance in terms of accountability and finance. The charity scored 87% overall, reflecting a strong emphasis on financial transparency and responsible management. The high scores in various categories demonstrate the organization's commitment to maintaining a clean financial record and effective governance practices.
The charity boasts an independent board composed entirely of 10 members, which is a significant strength. Additionally, they have no material diversion of assets and have implemented key policies such as conflict of interest and whistleblower protections. The organization consistently distributes tax forms to board members before filing and maintains proper documentation of board meeting minutes, further showcasing their commitment to good governance.
While the rating is commendable, it is essential for potential supporters to consider the overall impact of the organization beyond financial metrics. However, based on the available data, Brookside Community Development Corporation appears to manage its resources effectively, with a healthy program expense ratio of 76.41% and minimal fundraising costs, indicating a focus on maximizing the funds dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Brookside Community Development Corporation legitimate?
Brookside Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brookside 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: $24,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $467,771
For more financial information, click here
Official website here: www.brooksidecdc.org
What is the mission statement of Brookside Community Development Corporation?
The Brookside Community Development Corporation's mission is centered around fostering renewal and transformation in individuals' lives. They strive to achieve this through various initiatives, including reentry programs, play activities, and housing services. Specifically, their housing program, Brookside Community Housing, aims to provide dignity, stability, and accountability to individuals and families struggling with inconsistent housing. Participants in this program find connection and peace within the Brookside community. Each housing restoration project brings together a diverse group of volunteers and staff, turning each home into an investment in the unique people who make up the neighborhood. The corporation currently owns 37 properties.
Official website here: www.brooksidecdc.org
Who is the CEO of Brookside Community Development Corporation?
Patrick Johnson is the Treasurer of Brookside Community Development Corporation. The CEO's salary of Brookside Community Development Corporation is $0 and their total compensation is $99,663.
Official website here: www.brooksidecdc.org
What is the revenue of Brookside Community Development Corporation?
Brookside Community Development Corporation's revenue in 2022 was $2,040,592.
Official website here: www.brooksidecdc.org
Who are the executives of Brookside Community Development Corporation and what are their salaries?
The average compensation at Brookside Community Development Corporation during 2022 was $9,835. There are 50 employees and 100 volunteers at Brookside Community Development Corporation.
Here are 11 key members and their salaries (Brookside Community Development Corporation's CEO's salary is $0 and their total compensation is $99,663):
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- Compensation: $24,000
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- Related: $61,764
- Other: $37,899
Official website here: www.brooksidecdc.org
Where can I find the form 990 for Brookside Community Development Corporation?
Brookside Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brooksidecdc.org
Learn more at the official website: www.brooksidecdc.org
Mission Statement of Brookside Community Development Corporation
Brookside Community Development Corporation is dedicated to fostering renewal and transformation in the lives of individuals residing in the Brookside neighborhood. Their mission, carried out with compassion and commitment, entails working towards community renewal one life at a time. This is achieved through reentry programs, play initiatives, and housing solutions.
In particular, the housing program of Brookside Community Development Corporation, known as Brookside Community Housing, aims to offer dignity, stability, and accountability to individuals and families struggling with inconsistent and unreliable housing. Participants in this program experience a sense of peace and connection by being a part of the Brookside community. Each restoration project brings together volunteers and staff, reflecting the diversity that is integral to the Brookside neighborhood. Each project transcends the construction of a home; it serves as an investment in the people who contribute to the unique character of the neighborhood. Currently, Brookside Community Housing manages 37 addresses.
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Impact
July, 2024
Brookside Community Development Corporation's impact lies in creating opportunities of renewal and transformation in the lives of people residing in the Brookside neighborhood. Through their housing program, Brookside Community Housing provides dignity, stability, and accountability to individuals and families struggling with inconsistent and unreliable housing. Participants experience peace and connection through the relationships fostered within the Brookside community. Each restoration project not only results in a home but also serves as an investment in the unique individuals who make the neighborhood special. With 37 addresses currently under their ownership, Brookside Community Development Corporation is actively working towards renewal in the community one life at a time.
This information is meant to be a general summary of Brookside 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 2022.
- Program Service Revenue: $161,028
- Gross Receipts: $2,057,642
Assets and Liabilities:
- Total Assets: $3,168,436
- Total Liabilities: $320,588
- Net Assets: $2,847,848
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$161,028
Organization Details
Founding Year
2015
Phone
(317) 636-7808Principal Officer
Patrick Johnson
Main Address
1035 N OLNEY ST, INDIANAPOLIS, IN, 46201
Website
www.brooksidecdc.orgNTEE Category
Code: L20 - Housing
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