Overview
What is Lead Coalition Of Bay County?
Lead Coalition of Bay County is a community development corporation situated in Panama City, Florida. With a team of nine dedicated individuals, this nonprofit organization serves as a platform for bringing together various stakeholders to collaboratively address and tackle local neighborhood issues. One of their primary objectives is participating in the HUD ESG Program, which focuses on community outreach and emergency housing. In essence, Lead Coalition of Bay County is committed to fostering an inclusive environment where community members work together to create and implement effective solutions to neighborhood challenges.
Official website here: www.leadabetterlife.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%, Two-Star out of Four Star rating)
The Lead Coalition of Bay County has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas. While the organization demonstrates strong governance practices, such as having a 100% independent board and no material diversion of assets, it falls short in program expense ratio, scoring just 8 out of 25 points. This suggests that a significant portion of their budget is not allocated directly to programs that serve their mission, which can be a concern for potential donors assessing the impact of their contributions.
User feedback, however, paints a more favorable picture of the organization's community impact. Many testimonials highlight the coalition's dedication to serving various community needs, including food assistance, education, and support for vulnerable populations. Community members have expressed gratitude for initiatives that address housing insecurity and provide resources for youth development, showcasing the coalition's integral role in enhancing the quality of life in Bay County.
Despite the positive feedback, limitations remain, particularly concerning financial transparency and program funding. It is crucial for the Lead Coalition to address these areas to improve its overall effectiveness and accountability. By focusing on increasing the program expense ratio and ensuring that more funds support direct services, they can strengthen their impact and community trust.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Lead Coalition Of Bay County legitimate?
Lead Coalition Of Bay County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lead Coalition Of Bay County 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:
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Other Salaries and Wages: $217,850
For more financial information, click here
Official website here: www.leadabetterlife.org
What is the mission statement of Lead Coalition Of Bay County?
The Lead Coalition of Bay County serves as a community development corporation, bringing together various stakeholders to devise and implement collaborative solutions to address neighborhood issues in an authentic manner. Their primary mission is to foster community development by facilitating collective efforts to tackle neighborhood challenges in a genuine and collaborative manner. Through the HUD ESG Program, they focus on community outreach and providing emergency housing solutions.
Official website here: www.leadabetterlife.org
Who is the CEO of Lead Coalition Of Bay County?
Tim Myers is the Treasurer of Lead Coalition Of Bay County.
Official website here: www.leadabetterlife.org
What is the revenue of Lead Coalition Of Bay County?
Lead Coalition Of Bay County's revenue in 2022 was $767,319.
Official website here: www.leadabetterlife.org
Who are the executives of Lead Coalition Of Bay County and what are their salaries?
The average compensation at Lead Coalition Of Bay County during 2022 was $24,206. There are 9 employees at Lead Coalition Of Bay County.
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Official website here: www.leadabetterlife.org
Where can I find the form 990 for Lead Coalition Of Bay County?
Lead Coalition Of Bay County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leadabetterlife.org
Learn more at the official website: www.leadabetterlife.org
Mission Statement of Lead Coalition Of Bay County
Lead Coalition of Bay County, as a community development corporation, plays a crucial role in bringing together stakeholders with the aim of devising and implementing collaborative solutions to address neighborhood challenges authentically. Their mission is centered around fostering collaboration and collective action, recognizing that effective solutions to local issues require the involvement and buy-in of various community members and organizations. By convening these stakeholders, Lead Coalition of Bay County aims to develop and implement strategies that are tailored to the unique needs of their community, fostering sustainable and lasting improvements. This approach to community development emphasizes the importance of collaboration and shared responsibility, recognizing that the strength of a community lies in its ability to work together towards common goals. The organization's activities under the HUD ESG Program further underscore their commitment to community outreach and emergency housing, highlighting their dedication to addressing pressing community needs and ensuring the well-being of their local population.
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Impact
July, 2024
The Lead Coalition Of Bay County plays a crucial role in addressing neighborhood challenges in Panama City, FL. The organization convenes stakeholders to develop and implement collaborative solutions aimed at improving community well-being and safety. Through its efforts, the coalition engages with the community, facilitates outreach programs, and provides emergency housing assistance. Their work, such as through the HUD ESG Program, has a direct impact on reducing crime and enhancing the overall quality of life in Bay County.
This information is meant to be a general summary of Lead Coalition Of Bay County. 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: $45
- Gross Receipts: $767,319
Assets and Liabilities:
- Total Assets: $138,412
- Total Liabilities: $14,212
- Net Assets: $124,200
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Organization Details
Founding Year
2016
Principal Officer
Tim Myers
Main Address
PO Box 546, Panama City, FL, 32402
Website
www.leadabetterlife.orgNTEE Category
Code: I20 - Crime
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