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247 Blac

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

EIN: 901179763 ✦ Waterloo, IA ✦ Designated as a 501(c)(3)

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Overview

What is 247 Blac?

247 Blac is a nonprofit organization situated in Waterloo, Iowa, focusing on the north side of the city. Their primary mission involves coordinating and executing both public and private development plans to revitalize the area. Moreover, they contribute to the city's efforts in combating urban decay through various community development projects. Essentially, 247 Blac plays a crucial role in fostering growth and improvement on the north side of Waterloo.


Official website here: www.twentyfoursevenblac.com/

Is 247 Blac legitimate?

247 Blac is a legitimate nonprofit organization registered as a 501(c)(3) entity. 247 Blac 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.twentyfoursevenblac.com/

What is the mission statement of 247 Blac?

247 Blac's mission is focused on coordinating redevelopment initiatives. The organization implements both public and private development plans, working towards the betterment of a specific area. Additionally, 247 Blac aids in combating deterioration within the community by supporting various development projects. In essence, their role is to stimulate growth and improvement in the designated area, thereby enhancing its overall living standards.


Official website here: www.twentyfoursevenblac.com/

Who is the CEO of 247 Blac?

Sharina Sallis is the President of 247 Blac.


Official website here: www.twentyfoursevenblac.com/

What is the revenue of 247 Blac?

247 Blac's revenue in 2022 was $907,172.


Official website here: www.twentyfoursevenblac.com/

Who are the executives of 247 Blac and what are their salaries?


Here are 8 key members and their salaries:


Travis Hall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Lagrone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keyaira Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kingsley Botchway (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felicia Smith Nalls (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madelyn Ridgeway (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kalola Roby (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharina Sallis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.twentyfoursevenblac.com/

Where can I find the form 990 for 247 Blac?

247 Blac's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.twentyfoursevenblac.com/

Learn more at the official website: www.twentyfoursevenblac.com/

Mission Statement of 247 Blac

247 Blac, as a nonprofit organization, is dedicated to coordinating redevelopment efforts and implementing both public and private development plans. Their mission is centered around revitalizing communities, specifically focusing on the north side of Waterloo, Iowa. Beyond just planning, 247 Blac also plays a crucial role in combating deterioration within these communities through various community development initiatives. By working closely with the city, this organization aims to enhance the overall living conditions and improve the overall well-being of the residents.

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Impact




July, 2024

247 Blac has been instrumental in coordinating redevelopment efforts and implementing public and private development plans on the north side of Waterloo, Iowa. Through their work, they have played a critical role in combatting deterioration in the city through community development initiatives. Their impact can be seen in the revitalization of neighborhoods, improved infrastructure, and increased economic opportunities for residents in the area. Overall, 247 Blac has significantly contributed to the improvement and enhancement of the community in Waterloo, Iowa.




This information is meant to be a general summary of 247 Blac. 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
$907,172 (2022)
Expenses
$487,176 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $907,172

Assets and Liabilities:

  • Total Assets: $813,445
  • Total Liabilities: $7,549
  • Net Assets: $805,896

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Organization Details

Founding Year

2006

Principal Officer

Sharina Sallis

Main Address

PO BOX 2031, WATERLOO, IA, 50704

NTEE Category

Code: S300 - Community improvement

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