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Urban Guild Inc

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

EIN: 814200729 ✦ Dorchester, MA ✦ Designated as a 501(c)(3)

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Overview

What is Urban Guild Inc?

Urban Guild Inc is a nonprofit organization situated in Dorchester, Massachusetts, specifically at 260 Washington Street. Their mission is to enhance the quality of life in Boston's urban communities by fostering capacity building, environmental health, and creating economic opportunities tailored to community needs, interests, and skills. The Guild serves as a platform for showcasing and demonstrating solutions, cultural initiatives, and entrepreneurial endeavors developed within a diverse, local-to-global Indigenous and People of Color (POC) ecosystem. This network comprises various cross-sector partners and allies. The Guild's venues, known as Guild Sanctuaries, serve as foundational spaces for healing, connection, education, market vetting of entrepreneurial ideas, and the creation of new knowledge and assets. With a modest workforce of four individuals, Urban Guild Inc plays a significant role in uplifting urban communities in Boston.


Official website here: www.theguild.works/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star Rating

Urban Guild Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. This score is based entirely on their Accountability & Finance score of 81%, reflecting effective governance and oversight practices within the organization. The organization has a fully independent board, with 80% of its members being independent, which is a positive indicator of its commitment to transparency and ethical operation.

The nonprofit excels in several areas, including having a high program expense ratio of 90.49% and strong financial oversight mechanisms such as an active audit committee and the availability of key policies like conflict of interest and whistleblower protections. These aspects demonstrate that Urban Guild Inc is dedicated to using its resources efficiently and responsibly for its mission.

However, there is a noted limitation in the organization's liabilities to assets ratio, scoring 0 out of 15 points, which could suggest potential financial instability or over-leverage. While the organization performs well in many areas of accountability, this aspect may warrant further attention to ensure long-term sustainability and financial health.


This AI summary has been generated from information found on Charity Navigator.

Is Urban Guild Inc legitimate?

Urban Guild Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Guild 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,116

For more financial information, click here


Official website here: www.theguild.works/

What is the mission statement of Urban Guild Inc?

Urban Guild Inc is organized with a mission to enhance the quality of life in various communities by fostering capacity, promoting environmental health, and providing economic opportunities. This mission is carried out in a manner that directly responds to the needs, interests, and skills of the communities. The organization creates a flexible infrastructure to showcase and demonstrate solutions, cultural initiatives, and entrepreneurial endeavors, primarily from an indigenous and underrepresented community ecosystem. The Guild's sanctuary venues serve as a foundation for immersive experiences, healing, connection, education, market validation of entrepreneurial ideas, and the creation of new knowledge and assets.


Official website here: www.theguild.works/

Who is the CEO of Urban Guild Inc?

Joachim Gfoeller Jr is the Clerk of Urban Guild Inc. The CEO's salary of Urban Guild Inc is $85,000 and their total compensation is $102,623.


Official website here: www.theguild.works/

What is the revenue of Urban Guild Inc?

Urban Guild Inc's revenue in 2022 was $1,225,216.


Official website here: www.theguild.works/

Who are the executives of Urban Guild Inc and what are their salaries?

The average compensation at Urban Guild Inc during 2022 was $45,279. There are 4 employees and 95 volunteers at Urban Guild Inc.


Here are 5 key members and their salaries (Urban Guild Inc's CEO's salary is $85,000 and their total compensation is $102,623):


Carolyn Finney (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joachim Gfoeller Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moyo Okediji (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Purvis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jhana Senxian (Ceo And President)
  • Compensation: $85,000
  • Related: $0
  • Other: $17,623


Official website here: www.theguild.works/

Where can I find the form 990 for Urban Guild Inc?

Urban Guild Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.theguild.works/

Learn more at the official website: www.theguild.works/

Mission Statement of Urban Guild Inc

Urban Guild Inc is dedicated to enhancing the living standards in urban communities by focusing on three key areas: capacity building, environmental health, and economic opportunity. The organization tailors its approach to directly respond to the community's needs, interests, and skills, ensuring that its initiatives are well-aligned with the local population.

To achieve its mission, Urban Guild Inc creates flexible infrastructure for showcasing and demonstrating solutions, culture, and entrepreneurial initiatives. This is spearheaded by a diverse ecosystem of committed cross-sector partners and allies, encompassing a wide range of indigenous and people of color (POC) communities. The Guild's sanctuary venues serve as a platform for deep, healing, and connecting experiences, education, market vetting of entrepreneurial ideas, and the creation of new knowledge and assets. By engaging with this local-to-global ecosystem, Urban Guild Inc aims to contribute positively to the quality of life in urban communities.

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Impact




July, 2024

Urban Guild Inc's impact is significant in improving the quality of life in Boston's urban communities. Through its activities aimed at building capacity, promoting environmental health, and creating economic opportunities, the organization directly responds to the needs, interests, and skills of the community. Urban Guild Inc plays a crucial role in creating a new and flexible infrastructure for showcasing and demonstrating solutions, culture, and entrepreneurial initiatives from a local-to-global indigenous and POC ecosystem. By collaborating with a variety of partners and allies across sectors, the organization establishes sanctuary venues that serve as foundations for experiences of healing, education, market vetting of entrepreneurial ideas, and asset creation. Overall, Urban Guild Inc's work contributes to community improvement and fosters connections that benefit the urban neighborhoods of Boston.




This information is meant to be a general summary of Urban Guild 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.

Revenue
$1,225,216 (2022)
Expenses
$965,646 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $738
  • Program Service Revenue: $656,399
  • Gross Receipts: $1,225,216

Assets and Liabilities:

  • Total Assets: $1,618,990
  • Total Liabilities: $1,174,257
  • Net Assets: $444,733

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Programs

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

PROGRAM SERVICE FEES

Revenue

$656,399

Organization Details

Founding Year

2016

Principal Officer

Joachim Gfoeller Jr

Main Address

260 WASHINGTON STREET, DORCHESTER, MA, 02121

NTEE Category

Code: S20 - Community improvement

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