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Park City Initiative Corp

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

EIN: 900074489 ✦ Bridgeport, CT ✦ Designated as a 501(c)(3)

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Overview

What is Park City Initiative Corp?

Park City Initiative Corp is a nonprofit organization located in Bridgeport, Connecticut. Their primary mission is to provide essential food and resources to economically and food-insecure families. During the COVID-19 pandemic, the organization did not cease operations but instead stepped up its efforts, reaching out to vulnerable populations such as seniors and the disabled. The "Park City Care Box" program was initiated, which aided over 1,800 seniors and homebound families within two days. In addition, a drive-thru pantry operated three times a week, offering over a million meals to over 80,000 individuals. Despite the challenges posed by inflation and cuts in food assistance programs in 2022, the nonprofit has continued to serve the growing demand, with over 800 families shopping at the pantry each week. The organization's generous donors have been instrumental in supporting its efforts to extend quality food, resources, and life coaching to the community.


Official website here: www.parkcityinitiative.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 65% overall score)

The Park City Initiative Corp has received a Two-Star rating from Charity Navigator, indicating a need for improvement in various areas of accountability and finance. The organization boasts a fully independent board, which is a strong point, as it suggests a commitment to governance. Additionally, it has reported a 100% program expense ratio, indicating that all its expenditures are directed towards its programs, which is a positive sign for potential donors.

However, significant weaknesses have also been identified. The nonprofit has no financial statements available, which severely impacts transparency and accountability. Furthermore, it lacks essential policies, such as a conflict of interest policy and a whistleblower policy, which are critical for ethical governance and safeguarding against misconduct.

Overall, while the organization showcases strengths in board independence and program spending, the absence of financial documentation and key governance policies raises concerns. Potential supporters should consider these factors when looking into the nonprofit's operational integrity and effectiveness.


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

Is Park City Initiative Corp legitimate?

Park City Initiative Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park City Initiative 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: $25,082
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,283

For more financial information, click here


Official website here: www.parkcityinitiative.org

What is the mission statement of Park City Initiative Corp?

Park City Initiative Corp's mission is centered around extending aid to the community. This organization strives to embody the heart of compassion, offering quality food, relevant resources, and life coaching to families in need. Their goal is to enhance the quality of life for these families, equipping them with the necessary tools to thrive. During challenging times, such as the COVID-19 pandemic, Park City Initiative Corp has demonstrated resilience, providing essential assistance to the elderly, disabled, and quarantined individuals. They implemented the "Park City Care Box" program, which assisted over 3,500 seniors and families in need. Additionally, their drive-thru pantry operated three times a week, offering over 1,035,000 meals to over 80,000 individuals. As the cost of living continues to rise, Park City Initiative Corp has seen an increase in families seeking assistance, with over 800 families shopping at the pantry each week in 2022. The organization's operations rely heavily on the support of generous donors, enabling them to meet the growing demand for their services.


Official website here: www.parkcityinitiative.org

Who is the CEO of Park City Initiative Corp?

Mary Green is the President of Park City Initiative Corp.


Official website here: www.parkcityinitiative.org

What is the revenue of Park City Initiative Corp?

Park City Initiative Corp's revenue in 2022 was $747,531.


Official website here: www.parkcityinitiative.org

Who are the executives of Park City Initiative Corp and what are their salaries?

The average compensation at Park City Initiative Corp during 2022 was $4,368. There are 20 employees and 210 volunteers at Park City Initiative Corp.


Here are 6 key members and their salaries:


Mary Green (President)
  • Compensation: $13,138
  • Related: $0
  • Other: $0
Yolanda Hopkins (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Esther Dixon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Daniels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Green (Vice President)
  • Compensation: $11,944
  • Related: $0
  • Other: $0


Official website here: www.parkcityinitiative.org

Where can I find the form 990 for Park City Initiative Corp?

Park City Initiative Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.parkcityinitiative.org

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

Mission Statement of Park City Initiative Corp

Park City Initiative Corp, a nonprofit organization, is dedicated to extending the heart of God to the heart of the city. Their mission is to equip families with tools to improve their quality of life by consistently providing quality food, relevant resources, and life coaching. This organization takes an active role in serving economically and food-insecure families, offering critical food and resources through their Star Program, the Bishop Jean Williams Food Pantry.

In times of crisis, such as the COVID-19 pandemic, Park City Initiative Corp does not shy away from its responsibilities. Instead, the staff and volunteers go the extra mile to reach out to the most vulnerable populations, including seniors, the disabled, and those who are quarantined. During this period, the organization implemented the 'Park City Care Box' program, which provided essential support to over 180 seniors and homebound families within two days. Additionally, the drive-thru pantry continued to operate three times a week, providing over 1,035,000 meals to over 80,000 individuals.

The organization's efforts have been instrumental in addressing the growing needs of families in Bridgeport, CT, as food and gas prices have skyrocketed, and the cost of living has surpassed base salary income levels. In response to the discontinuation of assistance to hundreds of households in Bridgeport from the Food Stamp Program (SNAP), Park City Initiative Corp has seen an increase in the number of families that shop at the pantry, with over 800 families visiting each week in 2022. Despite this increase, the organization had to decrease the number of meals provided to each family to accommodate the larger number of households served. The support of generous donors has been crucial in enabling Park City Initiative Corp to meet this growing demand.

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Impact




July, 2024

Park City Initiative Corp's impact can be seen in the critical support it provides to families in Bridgeport, CT. The organization's Bishop Jean Williams Food Pantry has been instrumental in addressing food insecurity, especially during challenging times like the COVID-19 pandemic. Despite facing increased demand in 2022, with over 800 families shopping at the pantry each week, Park City Initiative Corp has continued to distribute essential care boxes to seniors and homebound individuals. By adapting and expanding their services, the organization has extended a helping hand to those in need, ensuring that no one in the community goes hungry. The dedication of their staff and volunteers showcases a commitment to making a real difference in the lives of individuals and families facing economic hardships.




This information is meant to be a general summary of Park City Initiative 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.

Revenue
$747,531 (2022)
Expenses
$739,131 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $747,531

Assets and Liabilities:

  • Total Assets: $100,053
  • Total Liabilities: $61,818
  • Net Assets: $38,235

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Organization Details

Founding Year

2003

Principal Officer

Mary Green

Main Address

PO BOX 915, BRIDGEPORT, CT, 066010915

NTEE Category

Code: L41 - Housing

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