Overview
What is North Akron Community Development Corp?
North Akron Community Development Corp is a nonprofit organization dedicated to stimulating economic growth in Akron's northern neighborhoods. They achieve this goal through creative placemaking and fostering social cohesion. Their key initiatives include the Backyard 771 North main St Development and the NOHI Kitchen Incubator, which offer a platform for local culinary entrepreneurs to showcase their art every weekend. The revenue generated from these events is directly distributed to the participating entrepreneurs, providing them with an opportunity to grow their businesses. By supporting local talent and revitalizing the community, North Akron Community Development Corp contributes to the overall improvement of Akron's northern neighborhoods.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64% (Two-Star out of Four Star rating)
The North Akron Community Development Corp has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. With a score of 64%, the organization demonstrates a strong commitment to having an independent board, and it has effectively avoided material diversion of assets. However, it falls short in certain governance practices, particularly with missing policies for whistleblower protection and document retention.
While the organization has a solid percentage of its expenses allocated to programs (57.47%), this aspect is overshadowed by the absence of critical transparency documents, such as the tax form on their website. The failure to maintain comprehensive policies could raise concerns regarding their operational integrity and accountability to stakeholders.
Overall, while the North Akron Community Development Corp exhibits some positive elements in its governance structure, its shortcomings in essential policies highlight areas where improvement is needed to enhance its credibility and trustworthiness among donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is North Akron Community Development Corp legitimate?
North Akron Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Akron Community Development Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $172,431
For more financial information, click here
What is the mission statement of North Akron Community Development Corp?
The North Akron Community Development Corp serves as a catalyst for economic growth in its community. Through creative placemaking and fostering social unity, it aims to enhance the northern neighborhoods of a specific city. The organization operates two initiatives, the Backyard 771 North main St Development and NOHI Kitchen Incubator, which provide a platform for various culinary artists every weekend. The revenue generated from these events is directly allocated to these entrepreneurs.
Who is the CEO of North Akron Community Development Corp?
Michael Gintert is the President of North Akron Community Development Corp.
What is the revenue of North Akron Community Development Corp?
North Akron Community Development Corp's revenue in 2022 was $474,414.
Who are the executives of North Akron Community Development Corp and what are their salaries?
The average compensation at North Akron Community Development Corp during 2022 was $34,486. There are 5 employees at North Akron Community Development Corp.
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Where can I find the form 990 for North Akron Community Development Corp?
North Akron Community Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of North Akron Community Development Corp
The North Akron Community Development Corp serves as a catalyst for driving economic development in Akron's northern neighborhoods. This organization employs creative placemaking strategies and works towards fostering social cohesion, aiming to improve the overall condition of these areas. A notable initiative under their umbrella is the Backyard 771 North main St Development and NOHI Kitchen Incubator, which provides a platform for various culinary artists to showcase their skills every weekend. The income generated from these events is directly channeled back to these entrepreneurs, thereby supporting their endeavors. In essence, the North Akron Community Development Corp seeks to revitalize Akron's northern neighborhoods by promoting economic growth and strengthening community bonds.
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Impact
July, 2024
North Akron Community Development Corp's impact can be seen in the positive transformation of Akron's Northern Neighborhoods. Through their creative placemaking initiatives and focus on economic development, the organization is effectively revitalizing and improving the community. The Backyard 771 North main St Development and NOHI Kitchen Incubator are not only providing a platform for culinary art entrepreneurs to showcase their talents but also contributing to the economic growth of the area. By hosting these entrepreneurs and directing all earned revenue back to them, North Akron Community Development Corp is fostering local talent and supporting small businesses in a sustainable way. Their dedication to building social cohesion and driving economic development is making a tangible difference in Akron's Northern Neighborhoods.
This information is meant to be a general summary of North Akron Community Development Corp. 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: $111,427
- Gross Receipts: $474,414
Assets and Liabilities:
- Total Assets: $444,984
- Total Liabilities: $18,293
- Net Assets: $426,691
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NOHI Pop-Up Revenue
Revenue
$106,349
Nohi Marketplace
Revenue
$4,100
Peoples Park Revenue
Revenue
$978
Organization Details
Founding Year
2017
Principal Officer
Michael Gintert
Main Address
760 Elma St, Akron, OH, 44310
NTEE Category
Code: S20 - Community improvement
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