Overview
What is 640 Improvement Corporation C/O John M Mullins?
640 Improvement Corporation C/O John M Mullins is a nonprofit organization situated in Highlands Ranch, Colorado. Their primary mission is to contribute to the planning, development, and maintenance of public improvements within the city. They have entered into an agreement with the City of Lakewood, Colorado, utilizing a portion of sales tax revenue, to construct and maintain public developments dedicated to the city. This nonprofit organization is dedicated to enhancing the community's infrastructure and public spaces.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 20%, Zero-Star out of Four Star rating.
The 640 Improvement Corporation has received a low rating primarily due to significant deficiencies in accountability and financial transparency. The organization scored particularly poorly in areas such as financial statements, program expense ratios, and the posting of tax forms on its website. Despite having a fully independent board, other aspects of governance, such as conflict of interest and whistleblower policies, were not adequately addressed.
While the organization does demonstrate some strengths, including a majority of independent board members, the overall lack of financial accountability raises concerns regarding its operational practices. The high salaries of key individuals, with the president earning $514,000, may also contribute to negative perceptions about the allocation of resources within the organization.
Donors and stakeholders should exercise caution when considering support for the 640 Improvement Corporation, given its overall low performance in financial management and transparency as indicated by the ratings.
This AI summary has been generated from information found on Charity Navigator.
Is 640 Improvement Corporation C/O John M Mullins legitimate?
640 Improvement Corporation C/O John M Mullins is a legitimate nonprofit organization registered as a 501(c)(3) entity. 640 Improvement Corporation C/O John M Mullins 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: $499,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of 640 Improvement Corporation C/O John M Mullins?
The 640 Improvement Corporation has entered into an agreement with the City of Lakewood, Colorado, utilizing a portion of sales tax revenue. Their primary objective is to construct and maintain public improvements dedicated to the city. The organization provides planning services for the development of these public improvements, ensuring their efficient construction and ongoing maintenance. This collaboration aims to enhance the city's infrastructure, ultimately benefiting its residents. The corporation's role in this agreement is instrumental in improving the city's public facilities, thereby contributing to its overall growth and development.
Who is the CEO of 640 Improvement Corporation C/O John M Mullins?
John M Mullins is the President of 640 Improvement Corporation C/O John M Mullins.
What is the revenue of 640 Improvement Corporation C/O John M Mullins?
640 Improvement Corporation C/O John M Mullins's revenue in 2022 was $1,045,008.
Who are the executives of 640 Improvement Corporation C/O John M Mullins and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $499,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $200,000
- Other: $0
- Compensation: $0
- Related: $170,000
- Other: $0
Where can I find the form 990 for 640 Improvement Corporation C/O John M Mullins?
640 Improvement Corporation C/O John M Mullins's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 640 Improvement Corporation C/O John M Mullins
640 Improvement Corporation C/O John M Mullins, as per its agreement with the City of Lakewood, CO, is committed to constructing and maintaining public improvements that are dedicated to the city. This organization leverages a portion of sales tax revenue to accomplish this mission. In simpler terms, the corporation provides planning services for the development of public improvements, ensuring their construction and the maintenance of existing public facilities. This collaboration between the corporation and the city aims to enhance the community's infrastructure and overall quality of life.
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Impact
July, 2024
640 Improvement Corporation, through its agreement with the City of Lakewood, CO, has played a significant role in the construction and maintenance of public improvements dedicated to the city. By utilizing a portion of sales tax revenue, the organization has provided valuable planning services for the development of these improvements and has contributed to the overall enhancement of the community in Highland Ranch, CO. Their impact can be seen in the physical infrastructure upgrades, maintenance of existing public amenities, and the upliftment of the local environment.
This information is meant to be a general summary of 640 Improvement Corporation C/O John M Mullins. 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: $8
- Program Service Revenue: $1,045,000
- Gross Receipts: $1,045,008
Assets and Liabilities:
- Total Assets: $1,207,270
- Total Liabilities: $0
- Net Assets: $1,207,270
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUPPORT FROM BID
Revenue
$1,045,000
Organization Details
Founding Year
1995
Phone
(303) 683-9382Principal Officer
John M Mullins
Main Address
1988 E ROSS LANE, HIGHLANDS RANCH, CO, 80126
NTEE Category
Code: S20 - Community improvement
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