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Pak Legacy Community Development Co

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 812000740 ✦ Huntsville, AL ✦ Designated as a 501(c)(3)

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Overview

What is Pak Legacy Community Development Co?

Pak Legacy Community Development Co is a certified, community-focused nonprofit organization based in Huntsville, Alabama. Located at 118 Walker Ave, this social welfare organization aims to uplift poverty-stricken neighborhoods by promoting economic development. They accomplish this through various initiatives such as job training courses, establishing subsidiaries that create jobs, facilitating job placements, and fostering entrepreneurship development. Pak Legacy Community Development Co is dedicated to leveraging the assets, capabilities, and skills within their community to create opportunities for different segments of society. With a small team of one dedicated employee, they strive to make a significant impact in their local community.


Official website here: www.legacycdc.com

Is Pak Legacy Community Development Co legitimate?

Pak Legacy Community Development Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pak Legacy Community Development Co 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: $36,296
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.legacycdc.com

What is the mission statement of Pak Legacy Community Development Co?

Pak Legacy Community Development Co is a certified, community-focused non-profit organization with a social welfare background. Their mission is centered around leveraging the assets, capabilities, and skills of their community to create opportunities for various segments of society. Specifically, they aim to develop community centers and stimulate economic development in poverty-stricken neighborhoods through job training courses, the establishment of job-creating subsidiaries, job placement services, and entrepreneurship development.


Official website here: www.legacycdc.com

What is the revenue of Pak Legacy Community Development Co?

Pak Legacy Community Development Co's revenue in 2022 was $7,024.


Official website here: www.legacycdc.com

Who are the executives of Pak Legacy Community Development Co and what are their salaries?

The average compensation at Pak Legacy Community Development Co during 2022 was $36,296. There is 1 employee and 7 volunteers at Pak Legacy Community Development Co.

Here are 3 key members and their salaries:


Brendan Prince (Secretary/Ed)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karlis Binns (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharita Baker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.legacycdc.com

Where can I find the form 990 for Pak Legacy Community Development Co?

Pak Legacy Community Development Co's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.legacycdc.com

Learn more at the official website: www.legacycdc.com

Mission Statement of Pak Legacy Community Development Co

Pak Legacy Community Development Co, a certified community development and social welfare-based non-profit organization, is dedicated to leveraging the assets, capabilities, and skills of its community to generate opportunities for various segments of society. The mission of this non-profit organization is twofold. Firstly, Pak Legacy CDC aims to develop community centers in impoverished neighborhoods. Secondly, it pursues economic development through job training courses, job-creating subsidiaries, job placement, and entrepreneurship development. By implementing these strategies, Pak Legacy Community Development Co strives to uplift and empower underprivileged communities, offering them a chance to improve their living conditions and secure a better future.

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Impact




August, 2024

Pak Legacy Community Development Co is making a significant impact by developing community centers and pursuing economic development in poverty-stricken neighborhoods. Through job training courses, job creation initiatives, job placements, and entrepreneurship development programs, they are empowering individuals in their community to improve their circumstances. By focusing on the assets, capabilities, and skills of the community, Pak Legacy CDC is creating opportunities for segments of society that are often marginalized. Their work is not only addressing immediate economic needs but also fostering long-term sustainability and growth within the community.




This information is meant to be a general summary of Pak Legacy Community Development Co. 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.

Revenue
$7,024 (2022)
Expenses
$50,332 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,024
  • Gross Receipts: $7,024

Assets and Liabilities:

  • Total Assets: $288,242
  • Total Liabilities: $89,655
  • Net Assets: $198,587

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

GRANT CONTRACTS

Revenue

$0

Organization Details

Founding Year

2016

Principal Officer

Brendan Prince

NTEE Category

Code: J22 - Employment

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