Overview
What is Piketon Community Improvement Corp?
The Piketon Community Improvement Corporation (Piketon CIC) is a nonprofit organization situated in Piketon, Ohio. Serving as the economic development arm for the village, its primary mission is to stimulate and foster growth within the community. The Piketon CIC operates with a focus on promoting local business development, attracting new investments, and enhancing the overall economic well-being of the Village of Piketon. This nonprofit organization is headquartered at 411 South West Street, Piketon, OH 45661.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating.
The Piketon Community Improvement Corp has earned an 80% score on Charity Navigator, reflecting a solid level of accountability and financial responsibility. This rating is based entirely on their Accountability & Finance metrics, showcasing their commitment to transparency and effective use of resources.
One of the organization's strengths is its entirely independent board, which is fully in compliance with best practices, receiving a perfect score for board independence and material asset management. Additionally, they demonstrate strong fiscal management, with a program expense ratio of 97.18%, indicating that a significant majority of their expenditures are directed toward their programs and services.
However, while the organization excels in accountability and financial health, there may be limited information available about other operational aspects or impact metrics. This could suggest that potential donors and stakeholders should seek additional data regarding the effectiveness and reach of their programs.
This AI summary has been generated from information found on Charity Navigator.
Is Piketon Community Improvement Corp legitimate?
Piketon Community Improvement Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Piketon Community Improvement Corp 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 Piketon Community Improvement Corp?
The Piketon Community Improvement Corp, as a non-profit entity, serves as the economic development catalyst in its capacity as the arm for the Village of Piketon, Ohio. Its mission is to stimulate growth and improvement within the community, focusing on attracting businesses, creating job opportunities, and fostering a prosperous economic environment. The corporation works towards enhancing the local economy by leveraging resources, partnerships, and initiatives that promote sustainable development and community betterment.
Who is the CEO of Piketon Community Improvement Corp?
Billy Spencer is the Trustee of Piketon Community Improvement Corp.
What is the revenue of Piketon Community Improvement Corp?
Piketon Community Improvement Corp's revenue in 2022 was $44,517.
Who are the executives of Piketon Community Improvement Corp and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Piketon Community Improvement Corp?
Piketon Community Improvement Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Piketon Community Improvement Corp
The Piketon Community Improvement Corporation (CIC) serves as the economic development arm for the Village of Piketon, Ohio. In this role, the non-profit organization is dedicated to promoting growth and development within the community. The Piketon CIC works tirelessly to attract businesses, create job opportunities, and enhance the overall economic well-being of the village. By serving as the economic development catalyst, the Piketon CIC plays a vital role in shaping the future of the community.
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Impact
August, 2024
Piketon Community Improvement Corp's impact is primarily focused on driving economic development and community improvement in the Village of Piketon, Ohio. It plays a crucial role in fostering growth and sustainability in the region, supporting local businesses, creating job opportunities, and enhancing the overall quality of life for residents. Through its initiatives and projects, Piketon CIC is instrumental in shaping the economic landscape and promoting progress within the community.
This information is meant to be a general summary of Piketon Community Improvement Corp. 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.
- Gross Receipts: $44,517
Assets and Liabilities:
- Total Assets: $114,517
- Total Liabilities: $0
- Net Assets: $114,517
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sale of Real Estate
Organization Details
Founding Year
2019
Principal Officer
Billy Spencer
Main Address
411 South West St, Piketon, OH, 45661
NTEE Category
Code: S30 - Community improvement
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