Overview
What is United South Broadway Corporation Inc?
United South Broadway Corporation Inc, based in Albuquerque, New Mexico, is a nonprofit organization dedicated to enhancing the social, physical, and economic conditions within the Albuquerque poverty pocket. They have secured a contract with the Albuquerque Public Schools and renewed their partnership with the Civil Legal Services Commission. The corporation has also conducted 15 PISAB trainings and received payroll protection program loans, with a portion of it being forgiven. With a team of 10 employees, United South Broadway Corporation Inc continues to strive towards their mission, aiming to better the lives of those in their community.
Official website here: www.unitedsouthbroadway.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
United South Broadway Corporation Inc has earned a Three-Star rating from Charity Navigator, reflecting its solid performance in various accountability and finance metrics. The organization boasts a high percentage of independent board members and demonstrates strong oversight through its Audit and Oversight Committee. Additionally, it has effectively managed its program expenses, allocating over 90% to direct programs.
Despite these strengths, the organization faces challenges in its financial management, particularly with a liabilities to assets ratio of 116.02%. Furthermore, it lacks important policies such as a whistleblower policy and guidelines for document retention and destruction, which could impact its governance and transparency.
Overall, while United South Broadway Corporation Inc shows a commitment to program efficiency and financial oversight, addressing its governance and financial health issues will be crucial for enhancing its overall effectiveness and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is United South Broadway Corporation Inc legitimate?
United South Broadway Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United South Broadway Corporation 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: $97,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $356,361
For more financial information, click here
Official website here: www.unitedsouthbroadway.org
What is the mission statement of United South Broadway Corporation Inc?
United South Broadway Corporation Inc's mission is centered around enhancing the social, physical, and economic conditions in impoverished neighborhoods. Their primary focus is on improving the living standards within the Albuquerque poverty pocket. The organization has secured contracts with local entities such as the Albuquerque Public Schools and the Civil Legal Services Commission, demonstrating their commitment to community development. Additionally, they have conducted training sessions and received funding through the Payroll Protection Program, contributing to the economic growth of the affected areas.
Official website here: www.unitedsouthbroadway.org
Who is the CEO of United South Broadway Corporation Inc?
Diana Dorn-Jones is the President of United South Broadway Corporation Inc.
Official website here: www.unitedsouthbroadway.org
What is the revenue of United South Broadway Corporation Inc?
United South Broadway Corporation Inc's revenue in 2021 was $964,154.
Official website here: www.unitedsouthbroadway.org
Who are the executives of United South Broadway Corporation Inc and what are their salaries?
The average compensation at United South Broadway Corporation Inc during 2021 was $45,381. There are 10 employees at United South Broadway Corporation Inc.
Here are 6 key members and their salaries:
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- Compensation: $97,450
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Official website here: www.unitedsouthbroadway.org
Where can I find the form 990 for United South Broadway Corporation Inc?
United South Broadway Corporation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.unitedsouthbroadway.org
Learn more at the official website: www.unitedsouthbroadway.org
Mission Statement of United South Broadway Corporation Inc
United South Broadway Corporation Inc, a nonprofit organization, is committed to enhancing the social, physical, and economic conditions within its designated neighborhoods, which are located within Albuquerque's poverty pocket. This mission is a driving force behind the organization's activities, aiming to uplift the communities it serves.
To fulfill this mission, United South Broadway Corporation Inc has secured contracts with key institutions such as the Albuquerque Public Schools. Additionally, the organization has strengthened its relationship with the Civil Legal Services Commission. Moreover, United South Broadway Corporation Inc has actively participated in training programs, conducting 15 PISAB trainings and receiving a substantial amount of funds through the Payroll Protection Program (PPP). The organization successfully secured and utilized 115,000 in PPP loans, and a portion of this loan, amounting to 235,400, was later forgiven. These initiatives demonstrate the organization's dedication to supporting its communities and promoting their economic growth.
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Impact
July, 2024
United South Broadway Corporation Inc has made a significant impact by improving the social, physical, and economic conditions of neighborhoods within the Albuquerque pocket of poverty. They have secured contracts with the Albuquerque Public Schools and the Civil Legal Services Commission, conducted crucial PISAB trainings, and successfully applied for and received financial support through the Payroll Protection Program loans. This organization's efforts have directly contributed to enhancing housing and addressing poverty in the community.
This information is meant to be a general summary of United South Broadway Corporation 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 2021.
- Program Service Revenue: $145,150
- Gross Receipts: $982,949
Assets and Liabilities:
- Total Assets: $880,290
- Total Liabilities: $675,193
- Net Assets: $205,097
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$145,150
Organization Details
Founding Year
1978
Phone
(505) 764-8867Principal Officer
Diana Dorn-Jones
Main Address
PO BOX 25242, ALBUQUERQUE, NM, 87102
Website
www.unitedsouthbroadway.orgNTEE Category
Code: L82Z - Housing
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