Overview
What is Old North End Community Center Foundation Inc?
Old North End Community Center Foundation Inc is a nonprofit organization based in Burlington, Vermont, specifically at 88 King Street. Their primary mission is to enhance the Old North End community in Burlington by leasing a community center to Champlain Housing Trust, another related nonprofit organization. This community center serves as a multi-purpose facility for the local residents. The foundation's goal is to strengthen the Old North End community by transforming the St. Joseph's School building into a hub for various activities and services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (65%)
The Old North End Community Center Foundation Inc has received a rating of "Needs Improvement" from Charity Navigator, reflecting some accountability and finance concerns. While the organization boasts a fully independent board and demonstrates a strong program expense ratio of 88.79%, indicating that the majority of funds are allocated towards its programs, it has significant gaps in its governance policies.
Notably, the organization lacks a whistleblower policy and a document retention and destruction policy, which are critical for maintaining transparency and ethical standards. Furthermore, the absence of posted tax forms on the nonprofit's website raises questions about its financial accessibility. The liabilities to assets ratio is also concerning at 94.78%, which suggests that the organization may be heavily reliant on its financial obligations.
Despite these limitations, the Old North End Community Center Foundation's commitment to programmatic effectiveness is commendable. The organization will benefit from addressing its governance deficiencies to improve its overall rating and build greater trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Old North End Community Center Foundation Inc legitimate?
Old North End Community Center Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old North End Community Center Foundation 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: $0
For more financial information, click here
What is the mission statement of Old North End Community Center Foundation Inc?
The Old North End Community Center Foundation Inc's mission is centered around reinforcing their local community. This is achieved by transforming an old school building, St. Joseph's School, into a multi-purpose community center, serving the residents of the area. The organization leases this community center to Champlain Housing Trust, a related non-profit organization, to provide a communal space for the community's residents in Burlington, Vermont. In essence, the foundation's goal is to strengthen its community through the provision of a communal hub.
Who is the CEO of Old North End Community Center Foundation Inc?
Josh Chant is the President of Old North End Community Center Foundation Inc.
What is the revenue of Old North End Community Center Foundation Inc?
Old North End Community Center Foundation Inc's revenue in 2022 was $78,875.
Who are the executives of Old North End Community Center Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $79,953
- Other: $28,982
- Compensation: $0
- Related: $137,052
- Other: $13,244
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Old North End Community Center Foundation Inc?
Old North End Community Center Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Old North End Community Center Foundation Inc
The Old North End Community Center Foundation Inc, as its name suggests, is committed to strengthening its community in Burlington, Vermont. The organization's mission is to transform a former school building, St. Joseph's School, into a multifunctional community center that serves the local residents. This community center, leased to the foundation by a related non-profit organization, Champlain Housing Trust, aims to become a hub of activities and resources for the Old North End community. By providing a community center, the Old North End Community Center Foundation Inc seeks to foster a sense of unity and community among its residents, offering them a space to gather, learn, and grow together.
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Impact
October, 2024
The Old North End Community Center Foundation Inc significantly impacts the Old North End community of Burlington, Vermont, by transforming the former St. Joseph's School into a vibrant multi-purpose community center. This initiative serves as a vital hub for residents, offering various services and activities that foster community engagement and support. By leasing the space to Champlain Housing Trust, the foundation enhances access to resources and programs that cater to the diverse needs of local families and individuals. This focus on strengthening community ties helps create a more connected, resilient, and supportive environment for all residents of the Old North End.
This information is meant to be a general summary of Old North End Community Center Foundation 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 2022.
- Program Service Revenue: $78,875
- Gross Receipts: $78,875
Assets and Liabilities:
- Total Assets: $7,632,420
- Total Liabilities: $7,865,065
- Net Assets: -$232,645
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE FEE
Revenue
$78,875
Organization Details
Founding Year
2019
Phone
(802) 862-6244Principal Officer
Josh Chant
Main Address
88 KING STREET, BURLINGTON, VT, 05401
NTEE Category
Code: P11 - Human services
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