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Harvest Community Development Corporation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 830394346 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

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Overview

What is Harvest Community Development Corporation Inc?

Harvest Community Development Corporation Inc is a nonprofit organization situated in Wilmington, Delaware. The primary focus of this organization is to strengthen families within their community and enhance their quality of life. They achieve this through various educational, economic, and community development programs. Their educational initiatives cater to children from kindergarten to 12th grade, as well as high school students. Harvest Community Development Corporation Inc also operates two successful daycares in Wilmington and Newcastle, providing top-notch care for working parents. Moreover, the organization empowers and equips its students to become productive citizens at both the local and global levels. They accomplish this by helping families become first-time homeowners through educational programs that guide them through the homebuying process. In addition to these efforts, Harvest Community Development Corporation Inc has expanded its community outreach programs, including hosting food giveaways and after-school activities. Recently, the organization purchased a new building to house all its programs, and their first graduating class of high school seniors has successfully completed their education. Their mission is to empower kingdom-centric leaders to serve their state, nation, and the world, with a vision to equip leaders for the 21st century and beyond. With a dedicated workforce of 69 individuals, Harvest Community Development Corporation Inc continually strives to make a positive impact in the lives of its community.


Official website here: www.hcade.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars

Harvest Community Development Corporation Inc received a "Needs Improvement" rating from Charity Navigator, scoring 62%. This indicates that while the organization demonstrates some strengths in board independence and conflict of interest policies, there are significant concerns regarding financial transparency and accountability, particularly highlighted by the absence of financial statements and tax forms on its website.

The organization's strengths include a fully independent board and the implementation of policies concerning conflicts of interest and document retention. However, the lack of a whistleblower policy raises concerns about internal reporting mechanisms and governance. Additionally, while the program expense ratio is commendable at 71.70%, the liabilities to assets ratio of 79.04% suggests potential financial vulnerabilities that could impact its sustainability.

Overall, while Harvest Community Development Corporation Inc is effectively using a significant portion of its resources for its programs, the critical gaps in financial reporting and governance practices indicate a need for improvement to enhance trust and accountability with stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Harvest Community Development Corporation Inc legitimate?

Harvest Community Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harvest Community Development Corporation 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: $207,614
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,124,856

For more financial information, click here


Official website here: www.hcade.org

What is the mission statement of Harvest Community Development Corporation Inc?

Harvest Community Development Corporation Inc's mission is centered around building strong families within the community and enhancing their quality of life. This is achieved through various initiatives, including education, economics, and community development. The corporation maintains collaborative relationships with local businesses, corporations, financial institutions, schools, churches, and government agencies. The organization's purpose is to empower kingdom-centric leaders to serve beyond their state and nation, with a vision to equip leaders for the 21st century and beyond. Their mission involves teaching self-discovery through a kingdom-centric leadership process. Harvest Community Development Corporation Inc has made significant strides, such as achieving success in their school programs from kindergarten to high school, operating two successful daycares, helping students become productive citizens, aiding families to become first-time homeowners, and increasing community outreach programs.


Official website here: www.hcade.org

Who is the CEO of Harvest Community Development Corporation Inc?

Raymond D Williams is the President of Harvest Community Development Corporation Inc.


Official website here: www.hcade.org

What is the revenue of Harvest Community Development Corporation Inc?

Harvest Community Development Corporation Inc's revenue in 2022 was $2,546,686.


Official website here: www.hcade.org

Who are the executives of Harvest Community Development Corporation Inc and what are their salaries?

The average compensation at Harvest Community Development Corporation Inc during 2022 was $19,311. There are 69 employees and 30 volunteers at Harvest Community Development Corporation Inc.


Here are 5 key members and their salaries:


Dr Raymond D Williams (President)
  • Compensation: $145,160
  • Related: $0
  • Other: $0
Letitia W Williams (Director)
  • Compensation: $62,454
  • Related: $0
  • Other: $0
Doreen Ryan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Ingram (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carvella Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hcade.org

Where can I find the form 990 for Harvest Community Development Corporation Inc?

Harvest Community Development Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hcade.org

Learn more at the official website: www.hcade.org

Mission Statement of Harvest Community Development Corporation Inc

Harvest Community Development Corporation Inc, a nonprofit organization, is dedicated to empowering kingdom-centric leaders. Their mission is to equip these leaders to serve their state, nation, and the world in the 21st century and beyond. They achieve this mission through a process of self-discovery, fostering the development of individuals who can lead effectively. The corporation's purpose is to empower these leaders, who can then serve their communities and make significant contributions beyond their localities. By focusing on leadership development, Harvest Community Development Corporation Inc aims to create a ripple effect, with each leader inspiring and influencing others to make positive changes.

In addition to their leadership development focus, Harvest Community Development Corporation Inc is also active in community development and education. They have achieved notable successes in their school programs, catering to students from kindergarten to high school. Beyond academic instruction, they also operate two daycare centers in Wilmington and Newcastle, providing quality care for working parents. Furthermore, their educational programs have helped families become first-time homebuyers, teaching them the process of homeownership and guiding them towards achieving this goal. Additionally, Harvest Community Development Corporation Inc has expanded its outreach in the community, organizing food giveaways and after-school activities. They have also recently purchased a new building to house all their programs, signifying their commitment to continued growth and service.

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Impact




July, 2024

Harvest Community Development Corporation Inc has made a significant impact in the community by building strong families and enhancing the quality of life through education, economics, and community development. They have achieved success in their school programs for children from kindergarten through 12th grade, as well as in providing quality daycare services for working parents. Additionally, they have empowered students to be productive citizens and helped families become first-time homeowners through educational programs. Their outreach efforts, such as food giveaways and after-school activities, have further strengthened the community. The organization's recent milestone of purchasing a new building to house all their programs reflects their dedication to expanding their impact. Through their focus on empowering kingdom-centric leaders, Harvest Community Development Corporation Inc continues to serve not only the local community but also aims to make a positive difference on a larger scale nationally and globally.




This information is meant to be a general summary of Harvest Community Development Corporation 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.

Revenue
$2,546,686 (2022)
Expenses
$2,732,109 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $877
  • Program Service Revenue: $2,128,146
  • Gross Receipts: $2,546,686

Assets and Liabilities:

  • Total Assets: $4,422,416
  • Total Liabilities: $3,180,948
  • Net Assets: $1,241,468

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SCHOOL REVENUE

Revenue

$946,606

PURCHASE OF CARE

Revenue

$945,008

FOOD PROGRAM

Revenue

$179,354

CURRICULM AND OTHERS

Revenue

$57,178

Organization Details

Founding Year

2004

Principal Officer

Raymond D Williams

Main Address

2205 LANCASTER AVE, WILMINGTON, DE, 19805

NTEE Category

Code: S20 - Community improvement

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