Overview
What is The Neighborhood Network Alliance?
The Neighborhood Network Alliance (NNA), situated in Chicago, Illinois, serves as a connective tissue between local block clubs. Their primary objective is to empower these communities by providing them with necessary resources, fostering a collaborative approach to community management. This nonprofit organization supports its network in managing their neighborhoods effectively and collectively, ensuring a more cohesive and engaged community.
Official website here: www.thenna.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
The Neighborhood Network Alliance has earned a Three-Star rating from Charity Navigator, with an overall score of 82%. This rating reflects a strong emphasis on accountability and finance, with the organization scoring particularly well in areas such as board independence and financial management. Notably, the charity has a 100% independent board with 7 members, and it maintains a perfect score for reviewing financial statements and documenting board meeting minutes.
Strengths highlighted in the rating include the charity's impressive program expense ratio of 85.33%, which indicates that a significant portion of their expenses directly supports their programs. Additionally, the organization has demonstrated effective financial oversight, with no material diversions of assets and a liabilities-to-assets ratio of 0.00%, showcasing solid fiscal health.
While the rating reflects strong accountability and financial practices, it is important for potential donors to consider the broader impact of the organization’s programs and services beyond these metrics. Overall, The Neighborhood Network Alliance appears to be a financially responsible charity, making it a viable option for donors interested in supporting their mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Neighborhood Network Alliance legitimate?
The Neighborhood Network Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Neighborhood Network Alliance 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: $110,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $84,261
For more financial information, click here
Official website here: www.thenna.org
What is the mission statement of The Neighborhood Network Alliance?
The Neighborhood Network Alliance (NNA) serves to establish connections among local block clubs and provides them with the necessary resources to foster cooperative community management. By doing so, the alliance empowers these communities to operate collectively and effectively, promoting a sense of unity and community engagement. The mission of NNA is centered around strengthening neighborhoods and fostering a collaborative environment where block clubs can thrive and contribute positively to their communities.
Official website here: www.thenna.org
What is the revenue of The Neighborhood Network Alliance?
The Neighborhood Network Alliance's revenue in 2023 was $425,227.
Official website here: www.thenna.org
Who are the executives of The Neighborhood Network Alliance and what are their salaries?
The average compensation at The Neighborhood Network Alliance during 2023 was $48,576. There are 4 employees and 1 volunteer at The Neighborhood Network Alliance.
Here are 7 key members and their salaries:
- Compensation: $110,043
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thenna.org
Where can I find the form 990 for The Neighborhood Network Alliance?
The Neighborhood Network Alliance's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thenna.org
Learn more at the official website: www.thenna.org
Mission Statement of The Neighborhood Network Alliance
The Neighborhood Network Alliance, or NNA, is an organization that plays a significant role in fostering connections among local block clubs. Their mission is to empower these communities by providing them with the necessary resources for collective and collaborative management. By establishing networks, NNA aims to strengthen the capacity of block clubs to effectively manage their neighborhoods, ultimately promoting a sense of unity and cooperation within the community.
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Impact
July, 2024
The Neighborhood Network Alliance's impact lies in its ability to create networks among block clubs and provide resources to empower cooperative community management. Through its work, the Neighborhood Network Alliance fosters community engagement, facilitates collaboration among residents, and enhances local capacity for neighborhood improvement. This results in strengthened community bonds, increased civic participation, and ultimately, a more resilient and vibrant community in Chicago, Illinois.
This information is meant to be a general summary of The Neighborhood Network Alliance. 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.
- Gross Receipts: $425,227
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2018
Principal Officer
Val Free
Website
www.thenna.orgNTEE Category
Code: S01 - Community improvement
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