Overview
What is Smart Development Inc?
Smart Development Inc is a nonprofit organization situated in Cleveland, Ohio, with a strong focus on community development. Their mission is to foster sustainable and thriving neighborhoods by offering community-based services, affordable housing, and supportive resources. By providing direct, culturally competent services, they aim to alleviate hardships for those in need, operating collaboratively with other organizations. Smart Development's vision is to promote opportunities, hope, and equity, ensuring that communities can recover both in the short and long term. They particularly prioritize supporting refugee and immigrant communities, enabling them to establish roots and achieve self-sufficiency, with equal opportunities for all.
Official website here: www.smartdevelopmentinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Smart Development Inc received a Two-Star out of Four Star rating from Charity Navigator, indicating that while the organization demonstrates strong accountability in certain areas, there are notable gaps that need addressing. The organization excels in leadership adaptability and has an entirely independent board, which reflects a commitment to good governance. Additionally, it maintains a high program expense ratio, indicating that a significant portion of its resources is directed towards its mission-driven activities.
However, there are concerns regarding the lack of essential policies, such as a conflict of interest and a whistleblower policy, which could undermine its accountability. Furthermore, the absence of documented board meeting minutes raises questions about transparency in decision-making processes. Although the organization has identified clear strategic goals focused on serving the refugee and immigrant communities, it must enhance its policies and documentation practices to improve its overall rating.
Smart Development Inc's ongoing commitment to leadership development and adaptability, especially during the challenges posed by COVID-19, highlights its dedication to growing capacity in response to community needs. Addressing the limitations in governance and policy frameworks will be crucial for the organization to strengthen its operations and improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Smart Development Inc legitimate?
Smart Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Smart Development 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: $146,245
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.smartdevelopmentinc.org
What is the mission statement of Smart Development Inc?
Smart Development Inc's mission is centered around fostering sustainable and vibrant communities. They achieve this through neighborhood revitalization and providing affordable housing, accompanied by supportive services. The organization aims to ensure that all individuals and families can thrive, while preserving and celebrating diverse cultures, values, and people. Smart Development operates with a collaborative spirit, offering direct, culturally competent services to alleviate hardships for those in need. Their vision extends beyond short-term recovery, focusing on long-term, diverse, and equitable community development. The organization takes pride in serving communities, particularly refugee and immigrant communities, to help them establish roots and become self-sufficient, ensuring equal opportunities for all.
Official website here: www.smartdevelopmentinc.org
Who is the CEO of Smart Development Inc?
Mustafa Abed is the Executive Director/President of Smart Development Inc.
Official website here: www.smartdevelopmentinc.org
What is the revenue of Smart Development Inc?
Smart Development Inc's revenue in 2022 was $1,999,204.
Official website here: www.smartdevelopmentinc.org
Who are the executives of Smart Development Inc and what are their salaries?
The average compensation at Smart Development Inc during 2022 was $24,374. There are 6 employees and 93 volunteers at Smart Development Inc.
Here are 10 key members and their salaries:
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Official website here: www.smartdevelopmentinc.org
Where can I find the form 990 for Smart Development Inc?
Smart Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.smartdevelopmentinc.org
Learn more at the official website: www.smartdevelopmentinc.org
Mission Statement of Smart Development Inc
Smart Development Inc, a community-focused organization, is dedicated to fostering sustainable and lively neighborhoods. Their mission revolves around revitalizing communities, providing affordable housing, and offering supportive services to ensure all individuals and families can flourish. This mission is underpinned by a commitment to preserving and celebrating diverse cultures, values, and people.
Smart Development Inc goes beyond just providing services; they actively engage with the communities they serve. They offer direct, culturally competent support to alleviate hardships, working collaboratively with other organizations to bring about positive change. The organization's vision is to spread a message of opportunity, hope, and equity, with a particular focus on helping refugee and immigrant communities establish roots and become self-sufficient. Smart Development Inc believes that every action, no matter how small, can make a significant impact on their communities, and they strive to contribute to the long-term recovery and creation of more equitable and diverse communities.
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Impact
July, 2024
Smart Development Inc is dedicated to creating sustainable and vibrant communities through neighborhood revitalization, affordable housing, and wrap-around supportive services. Their mission is to ensure that all individuals and families can thrive while celebrating diverse cultures and values. By providing direct wrap-around culturally competent services, Smart Development Inc alleviates hardships for those in need and operates with a collaborative spirit. They focus not only on short-term solutions but also on long-term recovery for more diverse and equitable communities. Smart Development Inc is committed to spreading a message of opportunity, hope, and equity, particularly emphasizing aiding refugee and immigrant communities in growing roots and becoming self-sufficient. Their work demonstrates that a single action can make a difference in the community, and that collective action can truly transform communities for the better.
This information is meant to be a general summary of Smart Development 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: $1,999,204
Assets and Liabilities:
- Total Assets: $8,161,157
- Total Liabilities: $1,180,265
- Net Assets: $6,980,892
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Organization Details
Founding Year
2018
Phone
(216) 309-0833Principal Officer
Mustafa Abed
Main Address
1192 EAST 40TH STREET, CLEVELAND, OH, 44114
Website
www.smartdevelopmentinc.orgNTEE Category
Code: S20 - Community improvement
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