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Invest Dsm

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

EIN: 842607571 ✦ Des moines, IA ✦ Designated as a 501(c)(3)

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Overview

What is Invest Dsm?

Invest Dsm is a nonprofit organization based in Des Moines, Iowa, specifically at 525 SW 5th Street F, 50309. Their mission is to enhance neighborhoods by offering holistic and innovative solutions. They achieve this goal through strategic investments in real estate and collaborative partnerships, aiming to improve the overall quality of life in the community. The organization, with a team of eight dedicated individuals, works towards strengthening their neighborhoods.


Official website here: www.investdsm.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)**

Invest DSM has achieved an impressive Four-Star rating from Charity Navigator, with a score of 96% in Accountability & Finance. The organization reflects strong governance, with 100% independent board members and well-established financial oversight, suggesting a high level of trust and integrity in its operations. The strong program expense ratio of 92.87% indicates that the majority of its spending is directed towards its mission rather than administrative costs.

In terms of organizational strengths, Invest DSM has demonstrated robust practices in financial accountability and transparency. The charity has a solid whistleblower policy and effective conflict of interest measures, showing a commitment to ethical management. While the charity is currently not scored for impact & measurement or leadership & adaptability, its governance framework suggests an organization that prioritizes responsible management.

Unfortunately, there is no user feedback available from GreatNonprofits, which limits insights into the experiences of those who have interacted with or benefited from the organization. Overall, Invest DSM appears to be a well-managed nonprofit with strong financial practices, but more community feedback could provide a fuller picture of its impact.


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

Is Invest Dsm legitimate?

Invest Dsm is a legitimate nonprofit organization registered as a 501(c)(3) entity. Invest Dsm 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: $164,106
Professional Fundraising Fees: $0
Other Salaries and Wages: $385,186

For more financial information, click here


Official website here: www.investdsm.org

What is the mission statement of Invest Dsm?

Invest Dsm's mission is to offer comprehensive and innovative solutions that enhance neighborhoods. They achieve this by making strategic investments in real estate and forming partnerships, all with the aim of improving the quality of life in these communities. Their approach focuses on strengthening neighborhoods, thereby contributing to a holistic improvement of the living conditions of the community.


Official website here: www.investdsm.org

Who is the CEO of Invest Dsm?

Amber Lynch is the Co-Chair of Invest Dsm.


Official website here: www.investdsm.org

What is the revenue of Invest Dsm?

Invest Dsm's revenue in 2022 was $10,543,054.


Official website here: www.investdsm.org

Who are the executives of Invest Dsm and what are their salaries?

The average compensation at Invest Dsm during 2022 was $68,662. There are 8 employees and 9 volunteers at Invest Dsm.


Here are 10 key members and their salaries:


Frank Cownie (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Hockensmith (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Connolly (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Boesen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cacciatore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Cooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Mccoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angie Pfannkuch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Voss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber Lynch (Executive Director)
  • Compensation: $161,535
  • Related: $0
  • Other: $33,371


Official website here: www.investdsm.org

Where can I find the form 990 for Invest Dsm?

Invest Dsm's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.investdsm.org

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

Mission Statement of Invest Dsm

Invest Dsm, as a nonprofit organization, is committed to providing holistic and innovative solutions that strengthen neighborhoods. They achieve this by strategically investing in real estate and forming partnerships, with the ultimate goal of improving the quality of life in these communities. Their mission is to make a tangible impact on the neighborhoods they serve, enhancing their overall well-being and livability. By leveraging their resources and collaborating with local partners, Invest Dsm strives to create sustainable solutions that foster community development and promote a sense of belonging.

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Impact




July, 2024

Invest Dsm's impact lies in its ability to provide holistic and innovative solutions that strengthen neighborhoods in Des Moines, Iowa. By strategically investing in real estate and forming partnerships to improve quality of life, Invest Dsm plays a vital role in revitalizing communities and creating lasting positive change. Through its commitment to enhancing housing options and overall neighborhood well-being, Invest Dsm contributes significantly to the societal and economic advancement of its local area.




This information is meant to be a general summary of Invest Dsm. 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
$10,543,054 (2022)
Expenses
$4,723,480 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $60,221
  • Program Service Revenue: $37,750
  • Gross Receipts: $10,543,054

Assets and Liabilities:

  • Total Assets: $19,287,532
  • Total Liabilities: $688,833
  • Net Assets: $18,598,699

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

NEIGHBORHOOD GRANT ADMINISTRATIVE

Revenue

$37,750

Organization Details

Founding Year

2019

Principal Officer

Amber Lynch

Main Address

525 SW 5TH STREET F, DES MOINES, IA, 50309

NTEE Category

Code: L25 - Housing

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