Overview
What is Raising The Standards Cdc Inc?
Raising The Standards CDC Inc is a nonprofit organization situated in Buffalo, New York, specifically at 179 E Ferry Street. Their primary mission is to construct and provide housing facilities on the East Side of the city. This community-based organization is dedicated to enhancing the living conditions in the area by offering suitable housing solutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating
Raising The Standards Cdc Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization boasts an impressive Program Expense Ratio of 98.82%, reflecting a strong focus on programmatic spending. Additionally, it has achieved full marks in several governance areas, including having a majority of independent board members, which speaks to its commitment to transparency and ethical practices.
Despite its strengths, the organization faces challenges in its financial ratios, particularly with a Liabilities to Assets Ratio of 286.56%, which raises concerns about its financial stability. This aspect suggests that while the nonprofit is effective in its operations, it may need to address its financial obligations to ensure long-term sustainability.
Overall, Raising The Standards Cdc Inc demonstrates commendable governance practices and a high degree of resource allocation towards its programs, yet its financial health warrants further scrutiny to ensure continued effectiveness and viability in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Raising The Standards Cdc Inc legitimate?
Raising The Standards Cdc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raising The Standards Cdc 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.
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What is the mission statement of Raising The Standards Cdc Inc?
Raising the Standards CDC, Inc. is a non-profit organization with a mission to construct and provide housing in a community. Their primary goal is to contribute to the housing sector, aiming to improve living conditions for residents. By constructing and providing housing, they aim to enhance the quality of life in the community they serve. The organization's activities are focused on the East Side of a city, although the specific location is not specified in the provided data.
Who is the CEO of Raising The Standards Cdc Inc?
George Morey is the President of Raising The Standards Cdc Inc.
What is the revenue of Raising The Standards Cdc Inc?
Raising The Standards Cdc Inc's revenue in 2022 was $0.
Who are the executives of Raising The Standards Cdc Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Raising The Standards Cdc Inc?
Raising The Standards Cdc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Raising The Standards Cdc Inc
Raising The Standards CDC, Inc. is a non-profit community-based organization with a mission to construct and provide housing. This organization operates with the goal of improving living conditions in a specific area, specifically on the East Side of the City of Buffalo, New York. By constructing and providing housing, Raising The Standards CDC, Inc. aims to contribute to the betterment of the community it serves.
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Impact
October, 2024
Raising The Standards Cdc Inc significantly impacts the East Side of Buffalo, New York, by constructing and providing quality housing. This initiative addresses the critical need for affordable and safe living spaces in the community, contributing to neighborhood revitalization and stability. By focusing on housing, the organization fosters not only better living conditions but also enhances the overall quality of life for residents. This effort promotes economic growth and resilience in the community, offering a foundation for families to thrive while reducing homelessness and housing insecurity. Overall, the organization plays a crucial role in transforming the East Side into a more vibrant and sustainable area for current and future residents.
This information is meant to be a general summary of Raising The Standards Cdc 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.
Assets and Liabilities:
- Total Assets: $9,979
- Total Liabilities: $28,596
- Net Assets: -$18,617
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Organization Details
Founding Year
2018
Phone
(716) 886-1362Principal Officer
George Morey
Main Address
179 E Ferry Street, Buffalo, NY, 14208
NTEE Category
Code: L20 - Housing
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