Overview
What is Forest Country Development Corporation?
Forest Country Development Corporation is a nonprofit organization based in Lufkin, Texas, specifically located at 1405 Kurth Drive, 75904. The primary objective of this organization is to foster economic growth, create employment opportunities, enhance public safety, and improve access to quality housing for all. Moreover, they aim to promote self-sufficiency for low-income families, provide support services for older adults to live independently, support at-risk youth, and assist veterans. Additionally, they encourage volunteerism to address local community needs, protect the environment, and offer aid during natural disasters. Lastly, the organization works towards regional collaboration to enhance the quality of life for residents in the State Planning Region 14, which includes Angelina, Houston, Jasper, Nacogdoches, Newton, Polk, Sabine, San Augustine, San Jacinto, Shelby, Trinity, and Tyler Counties in Texas.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating.
Forest Country Development Corporation has received a Three-Star rating based on an overall score of 80%. This rating reflects the organization's strong performance in the area of Accountability & Finance, which is crucial for transparency and effective management of resources. The evaluation primarily considers the fiscal health and governance practices of the charity.
The organization showcases several strengths, including a fully independent board with 12 members, which contributes positively to its governance structure. Additionally, it has demonstrated excellent financial responsibility, with a program expense ratio of 98.24%, indicating that the vast majority of its resources are directed towards its mission-driven programs. Other notable aspects include a solid conflict of interest policy and no material diversion of assets.
While the rating highlights commendable practices, the overall score is solely derived from financial metrics, which may not provide a complete picture of the organization’s impact or effectiveness in its programmatic work. Nonetheless, the high accountability standards and financial ratios suggest a well-managed organization that prioritizes its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Forest Country Development Corporation legitimate?
Forest Country Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forest Country Development Corporation 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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What is the mission statement of Forest Country Development Corporation?
The Forest Country Development Corporation's mission is centered around promoting regional collaboration. Their primary goal is to enhance the quality of life for residents living in State Planning Region 14, which includes Angelina, Houston, Jasper, Nacogdoches, Newton, Polk, Sabine, San Augustine, San Jacinto, Shelby, Trinity, and Tyler Counties in Texas. They strive to support economic development, increase employment opportunities, and improve public safety. Additionally, they aim to provide quality housing for all, encourage self-sufficiency for low-income families, offer support services for older citizens, assist at-risk youth and their families, support veterans' services, encourage volunteerism, protect the environment, and offer assistance and recovery from natural disasters.
Who is the CEO of Forest Country Development Corporation?
Sydney Murphy is the President of Forest Country Development Corporation.
What is the revenue of Forest Country Development Corporation?
Forest Country Development Corporation's revenue in 2022 was $30,004.
Who are the executives of Forest Country Development Corporation and what are their salaries?
There 15 volunteers at Forest Country Development Corporation.
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Where can I find the form 990 for Forest Country Development Corporation?
Forest Country Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Forest Country Development Corporation
Forest Country Development Corporation is committed to promoting regional collaboration with the aim of enhancing the quality of life for residents residing in State Planning Region 14, which encompasses Angelina, Houston, Jasper, Nacogdoches, Newton, Polk, Sabine, San Augustine, San Jacinto, Shelby, Trinity, and Tyler Counties in Texas. The corporation's mission is to support various initiatives that contribute to economic development, increase employment opportunities, improve public safety, enhance access to quality housing for all, encourage self-sufficiency for low-income families, provide support services that enable older citizens to live independently and productively, support at-risk youth and their families, and advocate for veterans' services. Additionally, Forest Country Development Corporation encourages volunteerism to address local community needs and protects the environment while providing assistance and recovery from natural disasters in the area. The organization's ultimate goal is to create a sustainable and thriving community for all its residents.
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Impact
August, 2024
Forest Country Development Corporation's impact can be seen in the positive changes it brings to the lives of residents in State Planning Region 14. By supporting economic development, increasing employment opportunities, improving public safety, and enhancing access to quality housing for all, the organization contributes to the overall well-being of the community. Moreover, its efforts to encourage self-sufficiency for low-income families, provide support services for older citizens and at-risk youth, and promote volunteerism demonstrate a commitment to addressing various social challenges. Additionally, the corporation's focus on protecting the environment and providing assistance during natural disasters further underscores its dedication to ensuring a resilient and thriving community in the region.
This information is meant to be a general summary of Forest Country Development Corporation. 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: $4
- Gross Receipts: $30,004
Assets and Liabilities:
- Total Assets: $2,868,595
- Total Liabilities: $104,688
- Net Assets: $2,763,907
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Organization Details
Founding Year
2017
Phone
(409) 384-5704Principal Officer
Sydney Murphy
Main Address
1405 KURTH DRIVE, LUFKIN, TX, 759041929
NTEE Category
Code: S21 - Community improvement
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