Overview
What is Southeast Utah Community Development Corporation?
Southeast Utah Community Development Corporation (SUCDC) is a nonprofit organization situated in Price, Utah. Their primary objective is to foster community and economic development. They specialize in supporting local businesses by offering expansion assistance and providing referrals to resources. SUCDC's initiatives extend beyond the business sector, as they also contribute to the community through scholarships, drug addiction prevention and education programs in the workplace, recycling efforts support, and other commendable community initiatives. The organization's efforts have resulted in direct cash benefits for businesses by boosting revenues and encouraging investments in new plant and equipment.
Official website here: www.sucdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Southeast Utah Community Development Corporation has earned a commendable Four-Star rating, reflecting its impressive score of 97%. This rating is based solely on the Accountability & Finance beacon, highlighting the organization’s strong financial practices and transparency. The charity demonstrates excellent oversight with a fully independent board and a robust conflict of interest policy, ensuring that governance is carried out effectively.
The organization showcases outstanding fiscal management, with a program expense ratio of 99.90%, indicating that nearly all of its funds are directed toward its programs rather than administrative costs. Additionally, the absence of liabilities signifies a secure financial position, which is crucial for sustaining its mission. The presence of thorough policies for document retention, whistleblower protection, and minutes from board meetings further underscores the corporation's commitment to accountability.
While the charity presents strong financial health and governance practices, it remains essential for potential donors to regularly check for updates and changes in its operations. Overall, the Southeast Utah Community Development Corporation stands out as a responsible and effective nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Southeast Utah Community Development Corporation legitimate?
Southeast Utah Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Utah 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.
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Official website here: www.sucdc.org
What is the mission statement of Southeast Utah Community Development Corporation?
The Southeast Utah Community Development Corporation (SUCDC) is committed to community and economic development. Its primary focus is on supporting the expansion and retention of local businesses. Beyond this, SUCDC contributes to the community in various ways, including providing scholarships, promoting drug addiction prevention and education in the workplace, supporting recycling efforts, and engaging in other worthy community initiatives. The organization's business and expansion program involves visiting local companies, offering assistance, and providing referrals, which directly benefits businesses by increasing revenues and investments in new plants and equipment.
Official website here: www.sucdc.org
Who is the CEO of Southeast Utah Community Development Corporation?
Joe Piccolo is the Board Chair of Southeast Utah Community Development Corporation.
Official website here: www.sucdc.org
What is the revenue of Southeast Utah Community Development Corporation?
Southeast Utah Community Development Corporation's revenue in 2022 was $550,169.
Official website here: www.sucdc.org
Who are the executives of Southeast Utah Community Development Corporation and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.sucdc.org
Where can I find the form 990 for Southeast Utah Community Development Corporation?
Southeast Utah Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sucdc.org
Learn more at the official website: www.sucdc.org
Mission Statement of Southeast Utah Community Development Corporation
Southeast Utah Community Development Corporation, often referred to as SUCDC, is committed to community and economic development. The organization focuses on promoting local business expansion and retention. Beyond this, SUCDC contributes to the community in various other ways. These include offering scholarships, advocating for drug addiction prevention and education in the workplace, supporting recycling efforts, and backing other worthy community initiatives. The corporation's vision encompasses a holistic approach to improving the community's well-being and prosperity.
In line with its mission, SUCDC actively engages with local businesses. Through its business and expansion program, the organization visits numerous companies in the area. They provide assistance and referrals to help these businesses thrive, which in turn benefits the companies by increasing their revenues and attracting new investments in plants and equipment. By fostering a strong business environment, SUCDC plays a significant role in bolstering the community's economic health.
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Impact
July, 2024
Southeast Utah Community Development Corporation's impact is substantial in the areas of community and economic development in the city of Price, Utah. Through their focus on local business expansion and retention, SUCDC has directly benefited numerous companies in the immediate area. By providing assistance and referrals, they have helped these businesses increase their revenues and investments in new plant and equipment, thus contributing to the growth of the local economy. Additionally, SUCDC's initiatives in scholarships, drug addiction prevention and education in the workplace, recycling effort support, and other community endeavors have further enhanced the well-being of the community. Their efforts to support employment and foster sustainable economic development have made a positive impact on the local businesses and residents of Price, Utah.
This information is meant to be a general summary of Southeast Utah 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.
- Investment Income: $808
- Gross Receipts: $550,169
Assets and Liabilities:
- Total Assets: $746,346
- Total Liabilities: $0
- Net Assets: $746,346
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Organization Details
Founding Year
2001
Principal Officer
Joe Piccolo
Main Address
185 EAST MAIN ST, PRICE, UT, 84501
Website
www.sucdc.orgNTEE Category
Code: J20 - Employment
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