Overview
What is Fcp Services Inc?
Fcp Services Inc is a community development corporation situated in Tarentum, Pennsylvania. Based at 305 Allegheny Street, this nonprofit organization is devoted to improving the quality of life, economic vitality, and overall well-being of the three-municipality region in Southwestern Pennsylvania's Upper Allegheny Valley. To accomplish this mission, Fcp Services Inc initiates, funds, and implements various services. One of their key projects includes the rehabilitation of The Depot building, which will house FCP partner organizations, a community laundromat, a Wi-Fi cafe, a high-tech meeting room, classroom space, and an outdoor courtyard. This laundromat will be the only one available in the community, offering a practical service to local residents. Beyond this initiative, Fcp Services Inc also aims to provide other essential services to the community. The organization currently employs one individual.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Three-Star out of Four Stars (86%)
Fcp Services Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. Their overall score is derived entirely from their Accountability & Finance metrics, which reflects their strong governance practices, including 100% independence among board members and a high program expense ratio of 78.52%. This suggests the organization dedicates a significant portion of its resources directly to its programs.
The organization demonstrates a robust structure with all board members being independent, and they have received full points for their financial statements and the absence of material asset diversion. However, there are some areas for improvement; notably, Fcp Services Inc lacks a whistleblower policy and document retention policy, which are essential components of good governance.
While the organization exhibits strong financial accountability, the missing policies could pose risks to transparency and accountability in the long run. Overall, Fcp Services Inc shows promise in its operations but should address these gaps to enhance its governance framework further.
This AI summary has been generated from information found on Charity Navigator.
Is Fcp Services Inc legitimate?
Fcp Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fcp Services 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Fcp Services Inc?
Fcp Services Inc, as a community development corporation, focuses on enhancing the quality of life, economic viability, and overall vitality of its service area. The organization prioritizes initiating, funding, and implementing various services to achieve this goal. One of their initiatives includes the rehabilitation of The Depot building in Tarentum, which will house partner organizations, a community laundromat, a Wi-Fi cafe, a high-tech meeting room, classroom space, and an outdoor courtyard. This laundromat is a practical service that will be provided to community members, representing just one aspect of Fcp Services Inc's commitment to its community. Recently, the corporation has broadened its mission statement to serve the Upper Allegheny Valley in Southwestern Pennsylvania.
Who is the CEO of Fcp Services Inc?
David Rankin is the Director of Fcp Services Inc.
What is the revenue of Fcp Services Inc?
Fcp Services Inc's revenue in 2022 was $589,701.
Who are the executives of Fcp Services Inc and what are their salaries?
The average compensation at Fcp Services Inc during 2022 was $60,000. There is 1 employee at Fcp Services Inc.
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Where can I find the form 990 for Fcp Services Inc?
Fcp Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fcp Services Inc
Fcp Services Inc, as a community development corporation, is dedicated to serving the Upper Allegheny Valley in Southwestern Pennsylvania. Their mission is centered around initiating, funding, and implementing services that aim to enhance the quality of life, economic viability, and overall vitality of the three-municipality region. In pursuit of this mission, Fcp Services Inc is currently rehabilitating The Depot building in Tarentum, which will house various partner organizations, a community laundromat, a Wi-Fi cafe, a high-tech meeting room, classroom space, and an outdoor courtyard. This project represents just one of the many practical services that Fcp Services Inc plans to provide to its community members. To expand its reach and impact, Fcp Services Inc has expanded its mission statement to include serving the Upper Allegheny Valley region.
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Impact
July, 2024
Fcp Services Inc's impact is deeply felt in the Upper Allegheny Valley in Southwestern PA. This community development corporation is dedicated to enhancing the quality of life, economic viability, and overall vitality of the region. One of their notable projects is the rehabilitation of The Depot building in Tarentum, which will serve as the future home of FCP partner organizations, a community laundromat, Wi-Fi cafe, high-tech meeting room, classroom space, and an outside courtyard area.
The laundromat, in particular, will be a crucial resource as it will be the only one in the community, providing practical services to community members. By expanding their mission to become a community development corporation for the Upper Allegheny Valley, Fcp Services Inc is making a tangible difference in the lives of residents by offering essential services and creating spaces for community engagement and growth.
This information is meant to be a general summary of Fcp Services 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.
- Gross Receipts: $589,701
Assets and Liabilities:
- Total Assets: $1,591,076
- Total Liabilities: $500,717
- Net Assets: $1,090,359
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Organization Details
Founding Year
2016
Principal Officer
David Rankin
Main Address
305 Allegheny Street, Tarentum, PA, 15084
NTEE Category
Code: P28 - Human services
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