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Institute For Community Equity And Sharing Inc

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

EIN: 830909234 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Institute For Community Equity And Sharing Inc?

Institute for Community Equity and Sharing Inc, based in Brooklyn, New York, is a nonprofit organization dedicated to reducing inequality and dismantling community divisions in Fort Greene and Clinton Hill. They accomplish this by promoting the equitable distribution of resources, advocating for the voiceless parts of the community, and celebrating the diverse talents and experiences within their community. As part of their mission, they operate a Fresh Pantry Program, receiving food and grocery donations and distributing them to the community through various locations within public housing. This initiative provides access to fresh produce, refrigerated and frozen foods, ensuring that everyone in the community has access to essential nourishment. Their workforce comprises 32 dedicated individuals.


Official website here: www.onecommunitynyc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%

The Institute For Community Equity And Sharing Inc has achieved a solid rating of 81%, translating to a Three-Star out of Four Stars designation. This overall score is derived entirely from its Accountability & Finance performance, which reflects the organization's strong commitment to transparency and proper fiscal management.

The nonprofit demonstrates noteworthy strengths in governance, with 100% of its board members being independent, ensuring impartial decision-making. Its financial practices are robust, as indicated by a program expense ratio of 90.28%, emphasizing its focus on direct program services. Additionally, the organization has comprehensive policies in place regarding conflict of interest, whistleblower protections, and document retention, which collectively enhance its accountability.

However, while the organization performs well in financial accountability, the rating does not provide insights into other potential areas such as program effectiveness or community impact, which are also essential for a comprehensive evaluation of a nonprofit's overall performance.


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

Is Institute For Community Equity And Sharing Inc legitimate?

Institute For Community Equity And Sharing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Community Equity And Sharing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $111,000

For more financial information, click here


Official website here: www.onecommunitynyc.org

What is the mission statement of Institute For Community Equity And Sharing Inc?

The Institute for Community Equity and Sharing Inc aims to reduce inequality and dismantle community divisions in a specific area, such as Fort Greene and Clinton Hill, Brooklyn. They achieve this mission by promoting the broadest distribution of resources within the community, encouraging the articulation of needs by representatives of underserved parts, and showcasing the talents and voices of all community members. By doing so, they aim to ensure that the diverse experiences within the community are well-understood and appreciated.


Official website here: www.onecommunitynyc.org

Who is the CEO of Institute For Community Equity And Sharing Inc?

Jed Marcus is the President of Institute For Community Equity And Sharing Inc.


Official website here: www.onecommunitynyc.org

What is the revenue of Institute For Community Equity And Sharing Inc?

Institute For Community Equity And Sharing Inc's revenue in 2022 was $785,741.


Official website here: www.onecommunitynyc.org

Who are the executives of Institute For Community Equity And Sharing Inc and what are their salaries?

The average compensation at Institute For Community Equity And Sharing Inc during 2022 was $7,458. There are 32 employees at Institute For Community Equity And Sharing Inc.


Here are 4 key members and their salaries:


Jed Marcus (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Thomas (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thabani Dublin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Mayer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.onecommunitynyc.org

Where can I find the form 990 for Institute For Community Equity And Sharing Inc?

Institute For Community Equity And Sharing Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.onecommunitynyc.org

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

Mission Statement of Institute For Community Equity And Sharing Inc

The Institute for Community Equity and Sharing Inc is committed to reducing inequality and dismantling community divisions in Fort Greene and Clinton Hill, Brooklyn. To achieve this, the organization promotes the broadest distribution of resources within the community. It believes that resources should be equitably distributed, ensuring that all members of the community have access to necessary resources.

Furthermore, the Institute for Community Equity and Sharing Inc encourages the articulation of needs by representatives of the underserved parts of the community. By listening to and understanding the needs of all community members, the organization aims to address these needs effectively and ensure that no one is left behind.

Lastly, the Institute for Community Equity and Sharing Inc values and promotes the talents and voices of all community members. By fostering an environment where everyone's talents and voices are heard, the organization seeks to appreciate the diversity of community experiences. This approach allows for a better understanding of the community's unique challenges and strengths, ultimately contributing to a more harmonious and equitable community.

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Impact




July, 2024

Institute For Community Equity And Sharing Inc has a significant impact on reducing inequality and dismantling community divisions in Fort Greene and Clinton Hill, Brooklyn. By promoting the broadest distribution of resources, articulating the needs of the underserved, and amplifying the talents and voices of all community members, the organization contributes to a more equitable and inclusive community. Additionally, through their food distribution program, they provide fresh produce, refrigerated and frozen foods, and groceries to the community, particularly within public housing areas. This has a direct and immediate impact on addressing food insecurity and improving the overall well-being of residents.




This information is meant to be a general summary of Institute For Community Equity And Sharing 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
$225,000 (2022)
Expenses
$185,900 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $51
  • Gross Receipts: $785,741

Assets and Liabilities:

  • Total Assets: $117,774
  • Total Liabilities: $36,000
  • Net Assets: $81,774

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Organization Details

Principal Officer

Jed Marcus

Main Address

13 Greene Avenue, Brooklyn, NY, 11238

NTEE Category

Code: S20 - Community improvement

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