Overview
What is Morris Park District Management Association Inc?
Morris Park District Management Association Inc is a nonprofit organization, headquartered in the Bronx, New York. Its primary mission is to oversee and manage the Morris Park Business Improvement District, which encompasses a 20-block shopping area along Morris Park Avenue, extending from Amethyst to Williamsbridge Road. Beyond this, the organization also operates a daycare facility, providing essential services to the community. The nonprofit's activities are geared towards the betterment of the Morris Park area, contributing to its economic growth and community development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
Morris Park District Management Association Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance practices. The score of 79% is based solely on its accountability and finance beacon, which reflects the organization's financial health and governance. The organization has demonstrated strong oversight with a perfect score on audit and oversight committee practices, as well as its policies regarding conflict of interest and whistleblower protections.
However, there are notable weaknesses in the governance structure, particularly the lack of independent board members, which scored zero out of eight points. Additionally, the organization did not meet expectations for public transparency, as it failed to list its website on its tax form and did not post its tax form on its website. These factors may raise concerns about the organization’s overall governance practices and public accessibility.
Despite these limitations, the Morris Park District Management Association has shown effective financial management with a favorable liabilities to assets ratio and a high program expense ratio. These strengths indicate that the organization is efficiently utilizing its resources for its intended programs, which is a positive aspect for potential donors or supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Morris Park District Management Association Inc legitimate?
Morris Park District Management Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morris Park District Management Association 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: $144,187
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,161
For more financial information, click here
What is the mission statement of Morris Park District Management Association Inc?
The Morris Park District Management Association Inc's primary purpose is to oversee the operation of a Business Improvement District spanning twenty blocks along Morris Park Avenue in an unspecified location. Beyond this, the organization also runs a day care facility. In essence, its mission is to enhance and manage this commercial district, while providing childcare services to the community.
Who is the CEO of Morris Park District Management Association Inc?
Camelia Tepelus is the Executive Director of Morris Park District Management Association Inc.
What is the revenue of Morris Park District Management Association Inc?
Morris Park District Management Association Inc's revenue in 2023 was $582,390.
Who are the executives of Morris Park District Management Association Inc and what are their salaries?
The average compensation at Morris Park District Management Association Inc during 2023 was $90,174. There are 2 employees at Morris Park District Management Association Inc.
Here are 14 key members and their salaries:
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Where can I find the form 990 for Morris Park District Management Association Inc?
Morris Park District Management Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Morris Park District Management Association Inc
Morris Park District Management Association Inc, as an organization, is primarily devoted to managing a Business Improvement District located in the Morris Park section of the Bronx, New York. This district spans over twenty blocks along Morris Park Avenue, between Amethyst and Williaamsbridge Road. Beyond its management role, the association also operates a day care facility. This day care service is an integral part of the organization's operations, providing care and support to families within its reach. The mission of Morris Park District Management Association Inc can be summarized as its dedication to enhancing the commercial and community life of the Morris Park district, while also offering essential childcare services.
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Impact
July, 2024
Morris Park District Management Association Inc's impact is significant in the Bronx community. By managing the Morris Park Business Improvement District, they contribute to the economic development and vitality of the area. Additionally, their operation of a day care provides essential services to local families, supporting working parents and early childhood development. This organization plays a crucial role in fostering community improvement and addressing the needs of residents in Morris Park.
This information is meant to be a general summary of Morris Park District Management Association 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 2023.
- Investment Income: $1,537
- Program Service Revenue: $390,000
- Gross Receipts: $582,390
Assets and Liabilities:
- Total Assets: $206,911
- Total Liabilities: $6,537
- Net Assets: $200,374
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENT REVENUE
Revenue
$390,000
Organization Details
Founding Year
2018
Phone
(718) 684-6425Principal Officer
Camelia Tepelus
Main Address
966 MORRIS PARK AVE, BRONX, NY, 10462
NTEE Category
Code: S30 - Community improvement
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