Overview
What is Cincinnati Northside Community Urban Redevelopment Corporation?
The Cincinnati Northside Community Urban Redevelopment Corporation, abbreviated as CNCURC, is a dedicated nonprofit organization situated in Cincinnati, Ohio. Their primary mission is to revitalize and stabilize their community by fostering homeownership, eliminating blight, and encouraging business development. By doing so, they aim to enhance the overall quality of life in their neighborhood.
Official website here: www.cncurc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 61%)
The Cincinnati Northside Community Urban Redevelopment Corporation has received a two-star rating from Charity Navigator, indicating a need for improvement. While the organization excels in having a majority of independent board members and shows no material diversion of assets, other areas require significant attention, particularly in governance and financial practices.
Despite a commendable program expense ratio of 88.52%, which demonstrates a strong commitment to its mission, the organization is lacking essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These deficiencies point to potential governance weaknesses that could impact the organization's transparency and accountability.
Furthermore, the organization's liabilities to assets ratio is notably high at 71.15%, suggesting financial stability concerns. While the board meeting minutes are documented appropriately, the overall governance structure needs bolstering to enhance trust and operational efficacy. Addressing these issues could lead to improved ratings and greater community confidence in their work.
This AI summary has been generated from information found on Charity Navigator.
Is Cincinnati Northside Community Urban Redevelopment Corporation legitimate?
Cincinnati Northside Community Urban Redevelopment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cincinnati Northside Community Urban Redevelopment 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.
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Official website here: www.cncurc.org
What is the mission statement of Cincinnati Northside Community Urban Redevelopment Corporation?
The Cincinnati Northside Community Urban Redevelopment Corporation (CNCURC) is committed to revitalizing and stabilizing its community. This is achieved through various strategies, including boosting homeownership, eliminating blight, and fostering business development. By implementing these initiatives, CNCURC aims to enhance the living conditions and economic prospects of the community. The organization's mission is to create a vibrant, thriving neighborhood where people can live, work, and enjoy a high quality of life.
Official website here: www.cncurc.org
Who is the CEO of Cincinnati Northside Community Urban Redevelopment Corporation?
Pete Metz is the Board Member of Cincinnati Northside Community Urban Redevelopment Corporation.
Official website here: www.cncurc.org
What is the revenue of Cincinnati Northside Community Urban Redevelopment Corporation?
Cincinnati Northside Community Urban Redevelopment Corporation's revenue in 2022 was $179,370.
Official website here: www.cncurc.org
Who are the executives of Cincinnati Northside Community Urban Redevelopment Corporation and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.cncurc.org
Where can I find the form 990 for Cincinnati Northside Community Urban Redevelopment Corporation?
Cincinnati Northside Community Urban Redevelopment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cncurc.org
Learn more at the official website: www.cncurc.org
Mission Statement of Cincinnati Northside Community Urban Redevelopment Corporation
Cincinnati Northside Community Urban Redevelopment Corporation, often abbreviated as CNCURC, is committed to revitalizing and stabilizing its community. Their mission is multifaceted and includes three key objectives: boosting homeownership, eliminating blight, and fostering business development. The organization's primary goal is to transform the community by making it a desirable place for homeowners, while simultaneously addressing issues of decay and neglect. Furthermore, CNCURC supports local businesses, contributing to the overall growth and development of the community. By implementing these strategies, CNCURC aims to create a vibrant and thriving community that attracts and retains residents, ultimately improving the quality of life for its residents.
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Impact
October, 2024
Cincinnati Northside Community Urban Redevelopment Corporation (CNCURC) plays a vital role in stabilizing and revitalizing the Northside community in Cincinnati. By focusing on increasing homeownership, the organization fosters a sense of stability and investment among residents, which contributes to a more vibrant and engaged neighborhood.
CNCURC also actively works to eliminate blight, transforming neglected properties into valuable assets that enhance the overall quality of life in the area. This effort not only improves the aesthetics of the community but also raises property values, benefiting both homeowners and local businesses.
Supporting business development is another key aspect of CNCURC's mission. By nurturing local enterprises and encouraging new businesses, they help create jobs and drive economic growth, further bolstering community resilience. Through these initiatives, CNCURC significantly impacts the social and economic landscape of Northside, fostering a stronger, more unified community.
This information is meant to be a general summary of Cincinnati Northside Community Urban Redevelopment 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: $35,386
- Gross Receipts: $436,141
Assets and Liabilities:
- Total Assets: $1,309,455
- Total Liabilities: $931,781
- Net Assets: $377,674
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Organization Details
Founding Year
2005
Phone
(513) 542-4709Principal Officer
Pete Metz
Main Address
1546 KNOWLTON STREET, CINCINNATI, OH, 452231906
Website
www.cncurc.orgNTEE Category
Code: S41 - Community improvement
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