Overview
What is Northwest Cooperative Development Center?
The Northwest Cooperative Development Center, located in Olympia, Washington, is a nonprofit organization dedicated to supporting cooperative development. Their mission is primarily focused on fostering community economic development through a cooperative business model. With a team of 14 dedicated individuals, they believe that cooperatives have a greater chance of succeeding and creating economic opportunities when they receive adequate support. The center's activities primarily revolve around providing cooperative development assistance, contributing to the overall growth and prosperity of the community.
Official website here: www.nwcdc.coop
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Northwest Cooperative Development Center has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization scored exceptionally well in various categories, highlighting the effectiveness of its financial oversight and governance structures. Notably, it boasts a fully independent board, which strengthens its operational integrity.
The center's financial practices are commendable, with a program expense ratio of 85.18%, indicating that a significant portion of its budget is directed toward direct services. This efficiency suggests a focus on fulfilling its mission rather than administrative costs. Furthermore, the absence of material diversion of assets reinforces stakeholder confidence in its financial management.
However, while the center excels in accountability and finance, the summary does not provide insights into its programmatic effectiveness or impact. This limitation suggests that potential donors or supporters may want to seek additional information on specific outcomes of the center's initiatives and programs.
This AI summary has been generated from information found on Charity Navigator.
Is Northwest Cooperative Development Center legitimate?
Northwest Cooperative Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Cooperative Development Center 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: $70,048
Professional Fundraising Fees: $0
Other Salaries and Wages: $616,287
For more financial information, click here
Official website here: www.nwcdc.coop
What is the mission statement of Northwest Cooperative Development Center?
The Northwest Cooperative Development Center's mission is primarily focused on fostering community economic development. They achieve this primarily through the cooperative business model. By providing cooperative development support, the center aims to enhance the chances of success for cooperatives and create economic opportunities. The center's mission is driven by the belief that cooperatives have a greater potential to thrive when they have adequate support.
Official website here: www.nwcdc.coop
Who is the CEO of Northwest Cooperative Development Center?
Debbie Wegge is the President of Northwest Cooperative Development Center.
Official website here: www.nwcdc.coop
What is the revenue of Northwest Cooperative Development Center?
Northwest Cooperative Development Center's revenue in 2022 was $1,522,572.
Official website here: www.nwcdc.coop
Who are the executives of Northwest Cooperative Development Center and what are their salaries?
The average compensation at Northwest Cooperative Development Center during 2022 was $49,024. There are 14 employees and 2 volunteers at Northwest Cooperative Development Center.
Here are 12 key members and their salaries:
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Official website here: www.nwcdc.coop
Where can I find the form 990 for Northwest Cooperative Development Center?
Northwest Cooperative Development Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwcdc.coop
Learn more at the official website: www.nwcdc.coop
Mission Statement of Northwest Cooperative Development Center
The Northwest Cooperative Development Center's mission revolves around promoting community economic development predominantly through the cooperative business model. In simpler terms, this organization aims to foster and encourage the growth of cooperatives, as they have a higher chance of succeeding and creating economic opportunities when they receive adequate support. This support is provided by the Northwest Cooperative Development Center, which plays a crucial role in the development and success of cooperatives.
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Impact
July, 2024
The Northwest Cooperative Development Center has made a significant impact by fostering community economic development primarily through the cooperative business model. Their support has helped cooperatives succeed and create economic opportunities in the Olympia, WA area. Through their efforts, they have contributed to community improvement and empowered individuals to come together and build successful cooperative businesses.
This information is meant to be a general summary of Northwest Cooperative Development Center. 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: $4,342
- Program Service Revenue: $848,602
- Gross Receipts: $1,522,572
Assets and Liabilities:
- Total Assets: $1,364,338
- Total Liabilities: $209,227
- Net Assets: $1,155,111
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MOBILE HOME COOPERATIVES
Revenue
$711,272
CONTRACT SERVICES
Revenue
$137,330
Organization Details
Founding Year
2003
Phone
(360) 943-4241Principal Officer
Debbie Wegge
Main Address
407 4TH AVE E STE 201, OLYMPIA, WA, 98501
Website
www.nwcdc.coopNTEE Category
Code: S30 - Community improvement
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