Overview
What is Baltimore Homecoming Inc?
Baltimore Homecoming Inc is a nonprofit organization based in Baltimore, Maryland, with a mission to invest in the city's future. They achieve this by fostering a network of successful alumni and encouraging philanthropic and business investments. Their primary activity is an annual conference showcasing Baltimore City's leaders, innovators, entrepreneurs, and artists, aiming to attract visiting alumni. Following a two-year hiatus due to the COVID-19 pandemic, the third conference was held in May 2022. In addition to the annual conference, Baltimore Homecoming hosts regional gatherings across the U.S. to engage with high-capacity alumni. They also conduct community engagement programs, soliciting public feedback to identify individuals, organizations, and entrepreneurs deserving recognition. These programs include the Homecoming Hero Awards and the Crab Tank Startup Pitch Competition. A host committee of over 40 Baltimore City community leaders assists in the selection process, planning for the annual conference, and cultivating relationships with the alumni network. The organization employs a team of 3 individuals, dedicated to realizing its mission of building and mobilizing an investment-focused alumni network for Baltimore City.
Official website here: www.baltimorehomecoming.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating.
Baltimore Homecoming Inc has attained a three-star rating, reflecting a solid level of performance primarily evaluated through its accountability and financial management. The organization has demonstrated a strong commitment to governance, with 100% of its board being independent members, and has received full points in several areas, including the review of its financial statements and the absence of material asset diversion.
However, there are notable limitations in the charity's accountability practices. It has not established a whistleblower policy or a document retention policy, which are essential for transparency and trust. Additionally, the organization has not posted its tax form on its website, which could limit accessibility for stakeholders seeking financial information. Despite these shortcomings, the organization maintains a reasonable program expense ratio of 60.24%, indicating a focus on its mission-driven activities.
This AI summary has been generated from information found on Charity Navigator.
Is Baltimore Homecoming Inc legitimate?
Baltimore Homecoming Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baltimore Homecoming 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: $96,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $108,545
For more financial information, click here
Official website here: www.baltimorehomecoming.com
What is the mission statement of Baltimore Homecoming Inc?
Baltimore Homecoming Inc's mission is to establish and foster an alumni network that invests in the future of a specific city. This is achieved by encouraging philanthropic and business investment. The organization's primary activity is an annual conference showcasing local leaders, innovators, entrepreneurs, and artists to engage visiting alumni, aiming to stimulate philanthropic and business investment. Secondary activities include hosting regional gatherings to cultivate relationships with high-capacity alumni. To support these goals, Baltimore Homecoming hosts community engagement programs, sourcing public feedback on notable individuals, organizations, and entrepreneurs. These programs include the Homecoming Hero Awards and the Crab Tank Startup Pitch Competition. A host committee of community leaders assists in the selection processes, conference planning, and relationship stewardship with the alumni network.
Official website here: www.baltimorehomecoming.com
Who is the CEO of Baltimore Homecoming Inc?
Robbin Lee is the President of Baltimore Homecoming Inc.
Official website here: www.baltimorehomecoming.com
What is the revenue of Baltimore Homecoming Inc?
Baltimore Homecoming Inc's revenue in 2022 was $790,150.
Official website here: www.baltimorehomecoming.com
Who are the executives of Baltimore Homecoming Inc and what are their salaries?
The average compensation at Baltimore Homecoming Inc during 2022 was $68,182. There are 3 employees and 12 volunteers at Baltimore Homecoming Inc.
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- Compensation: $96,000
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Official website here: www.baltimorehomecoming.com
Where can I find the form 990 for Baltimore Homecoming Inc?
Baltimore Homecoming Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.baltimorehomecoming.com
Learn more at the official website: www.baltimorehomecoming.com
Mission Statement of Baltimore Homecoming Inc
Baltimore Homecoming Inc, an alumni network, is dedicated to investing in Baltimore City's future. Their mission is to build and mobilize this network, encouraging philanthropic and business investment. By showcasing the city's nonprofit leaders, innovators, entrepreneurs, and artists at an annual conference, they aim to attract visiting alumni and inspire investment. In addition to the annual conference, Baltimore Homecoming hosts regional gatherings across the U.S. to cultivate relationships with high-capacity alumni, further spurring investment.
To support these goals, Baltimore Homecoming hosts community engagement programs. These programs source public feedback on individuals, leaders, organizations, and entrepreneurs who the community believes should be highlighted. Notable initiatives include the Homecoming Hero Awards and the Crab Tank Startup Pitch Competition. Furthermore, Baltimore Homecoming enlists a host committee of 40+ community leaders to help select these highlights, inform conference planning, and steward relationships with the alumni network. This comprehensive approach allows Baltimore Homecoming Inc to effectively engage with its alumni and promote investment in the city's future.
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Impact
July, 2024
Baltimore Homecoming Inc's impact lies in building and mobilizing an alumni network for Baltimore City that actively invests in the city's future. Through its annual conference showcasing Baltimore's leaders, innovators, entrepreneurs, and artists, the organization encourages philanthropic and business investment in the city. Additionally, Baltimore Homecoming engages in community engagement programs to gather public feedback on influential individuals and organizations in Baltimore, further fostering relationships and investments. The organization's efforts contribute to driving community improvement and catalyzing positive change in Baltimore.
This information is meant to be a general summary of Baltimore Homecoming 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: $790,150
Assets and Liabilities:
- Total Assets: $124,978
- Total Liabilities: $5,090
- Net Assets: $119,888
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Organization Details
Founding Year
2017
Phone
(443) 690-6189Principal Officer
Robbin Lee
Main Address
1427 CLARKVIEW RD SUITE 500, BALTIMORE, MD, 21209
Website
www.baltimorehomecoming.comNTEE Category
Code: S30 - Community improvement
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