Overview
What is Ketchum Community Development Corporation?
The Ketchum Community Development Corporation is a nonprofit organization based in Ketchum, Idaho. Its primary focus lies in community, economic, and affordable housing development, as demonstrated by the Town Design Team Project, which aims to enhance the downtown square, pedestrian corridor along Fourth Street, and transit access from Sun Valley Road. The organization's mission is to foster a dynamic business environment inspired by mountain town living, with four key pillars: mentorship, education, community building, and capital solutions. The mentorship aspect involves leveraging local intellectual capital to offer guidance to growing companies. The education pillar encompasses programs and events designed to inspire, inform, educate, and promote long-term growth, success, and work-life balance. Community building focuses on inspiring innovation and career mobility within the majestic natural setting of the Ketchum/Sun Valley community. Lastly, the capital solutions pillar matches angel investors and other funding sources with the needs of growing companies. In essence, the Ketchum Community Development Corporation aims to cultivate a thriving mountain town business ecosystem.
Official website here: www.ketchumcdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
The Ketchum Community Development Corporation has received a Two-Star rating from Charity Navigator, indicating a moderate performance in terms of accountability and finance. The organization shows strong governance with 100% of its board members being independent, and it maintains a favorable liabilities to assets ratio of 0.00%, reflecting solid financial stability. The program expense ratio is notable at 83.61%, suggesting that a significant portion of its resources is directed towards its mission-related activities.
Despite these strengths, there are key areas for improvement. The corporation lacks essential policies, specifically a whistleblower policy and a document retention and destruction policy. Additionally, the absence of the tax form on the nonprofit's website may hinder transparency, which is an important factor for potential donors and stakeholders.
Overall, while the Ketchum Community Development Corporation demonstrates commendable financial management and governance, its shortcomings in policy implementation and transparency need to be addressed to enhance its credibility and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Ketchum Community Development Corporation legitimate?
Ketchum Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ketchum Community Development Corporation 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
Official website here: www.ketchumcdc.org
What is the mission statement of Ketchum Community Development Corporation?
The Ketchum Community Development Corporation's mission is geared towards fostering an innovative business ecosystem that reflects the charm of mountain town living. This mission is underpinned by four foundational pillars: Mentorship, Education, Community Building, and Capital Solutions. The corporation aims to create connections and economic synergies by leveraging local intellectual capital to offer world-class guidance to emerging companies (Mentorship). They also provide programs and events that inspire, inform, educate, and promote long-term growth, success, and work/life balance (Education). In addition, the organization encourages innovation and career mobility within its community, set against the majestic natural backdrop of the Ketchum/Sun Valley area (Community Building). Lastly, the corporation matches angel investors and other funding sources with the needs of growing companies (Capital Solutions).
Official website here: www.ketchumcdc.org
Who is the CEO of Ketchum Community Development Corporation?
Charles Friedman is the President of Ketchum Community Development Corporation.
Official website here: www.ketchumcdc.org
What is the revenue of Ketchum Community Development Corporation?
Ketchum Community Development Corporation's revenue in 2022 was $1,479,578.
Official website here: www.ketchumcdc.org
Who are the executives of Ketchum Community Development Corporation and what are their salaries?
There 4 volunteers at Ketchum Community Development Corporation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ketchumcdc.org
Where can I find the form 990 for Ketchum Community Development Corporation?
Ketchum Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ketchumcdc.org
Learn more at the official website: www.ketchumcdc.org
Mission Statement of Ketchum Community Development Corporation
The Ketchum Community Development Corporation, a nonprofit organization, is dedicated to fostering a vibrant and innovative business ecosystem that embodies the spirit of mountain town living. At its core, the center's mission lies in four foundational pillars: Mentorship, Education, Community Building, and Capital Solutions.
Firstly, the Mentorship pillar aims to establish connections and economic synergies by tapping into the local intellectual capital. This resource is then leveraged to offer world-class guidance to emerging businesses, fostering their growth and success.
Secondly, the Education pillar focuses on providing programs and events that inspire, inform, educate, and promote long-term growth, success, and work-life balance. These initiatives aim to empower businesses and individuals within the community, encouraging innovation and career mobility.
Thirdly, the Community Building pillar seeks to inspire innovation and career mobility within the majestic natural setting of the Ketchum/Sun Valley community. This pillar aims to create an environment where businesses and individuals can thrive, fostering a sense of community and mutual support.
Lastly, the Capital Solutions pillar matches angel investors and other funding sources with the needs of growing companies. This, in essence, serves as a bridge between financial resources and businesses seeking to grow and expand. In this way, the Ketchum Community Development Corporation plays a crucial role in nurturing the local business ecosystem and supporting the growth of the community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Ketchum Community Development Corporation plays a significant role in the economic and community development of Ketchum, Idaho. One of their key projects includes the Town Design Team Project, which focuses on enhancing the design and functionality of the downtown square, pedestrian corridors, and transit access in the area. This project contributes to the overall improvement and beautification of the community, creating a more inviting space for residents and visitors alike.
Additionally, the organization's mission to cultivate an innovative business ecosystem inspired by mountain town living is achieved through mentorship, education, community building, and capital solutions. By leveraging local intellectual capital to provide guidance to growing companies, offering programs and events for long-term growth and success, inspiring innovation within the community, and connecting funding sources with companies in need, Ketchum Community Development Corporation positively impacts the economic and social landscape of the region.
This information is meant to be a general summary of Ketchum Community Development Corporation. 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: $881,337
- Gross Receipts: $1,479,578
Assets and Liabilities:
- Total Assets: $964,827
- Total Liabilities: $0
- Net Assets: $964,827
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NWP AFFORDABLE HOUSING
Revenue
$881,337
Organization Details
Founding Year
2006
Principal Officer
Charles Friedman
Main Address
PO BOX 6452, KETCHUM, ID, 83340
Website
www.ketchumcdc.orgNTEE Category
Code: C50 - Environment
If you are a representative of Ketchum Community Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.