Overview
What is West Angeles Community Development Corporation?
West Angeles Community Development Corporation is a public benefit organization situated in Los Angeles, California, specifically at 6028 Crenshaw Blvd, CA 90043. The primary mission of this nonprofit entity is to elevate the economic, educational, and social standards within Los Angeles County and its surrounding communities. To achieve this objective, they engage in various activities, such as developing and renovating affordable, low-income, and mixed-income housing for underemployed individuals or those living below the federal poverty level. Their services extend beyond housing, encompassing counseling, vocational training, and offering emergency assistance to approximately 25,000 clients. With a dedicated workforce of 21 employees, West Angeles Community Development Corporation strives to improve the quality of life for its community members.
Official website here: www.westangelescdc.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 85%, Three-Star out of Four Star rating.
West Angeles Community Development Corporation has received a commendable score of 85%, indicating a strong performance in accountability and finance. This rating is solely based on their accountability practices, reflecting their commitment to transparency and ethical management. The organization boasts a fully independent board with 86% of its members being independent, and it has established robust oversight mechanisms, including an audit and oversight committee.
The nonprofit excels in its financial management, achieving a program expense ratio of 76.45%, which means a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, it demonstrates impressive fundraising efficiency, with a minimal fundraising cost of $0.022 for every dollar raised, indicating effective use of resources. The organization has also implemented comprehensive policies regarding conflict of interest and whistleblower protections, enhancing its governance framework.
While the overall rating is favorable, it is important for potential donors and stakeholders to consider that the organization's assessment is based purely on financial accountability. Future evaluations may benefit from including additional metrics related to program impact and community outcomes to provide a fuller picture of its effectiveness and reach within the community.
This AI summary has been generated from information found on Charity Navigator.
Is West Angeles Community Development Corporation legitimate?
West Angeles Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Angeles 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: $254,277
Professional Fundraising Fees: $48,242
Other Salaries and Wages: $544,767
For more financial information, click here
Official website here: www.westangelescdc.org
What is the mission statement of West Angeles Community Development Corporation?
West Angeles Community Development Corporation is a public benefit organization with a mission to enhance the economic, educational, and social levels in the County of Los Angeles and surrounding communities. Their primary activities involve developing and rehabilitating affordable, low-income, and mixed-income housing for underemployed individuals or those below the federal poverty level. The corporation provides various services, such as counseling, vocational training, and emergency assistance to over 25,000 clients. These efforts aim to uplift the community, improve living standards, and foster a sense of progress and development.
Official website here: www.westangelescdc.org
Who is the CEO of West Angeles Community Development Corporation?
Belinda Allen is the Executive Director of West Angeles Community Development Corporation. The CEO's salary of West Angeles Community Development Corporation is $130,000 and their total compensation is $130,000.
Official website here: www.westangelescdc.org
What is the revenue of West Angeles Community Development Corporation?
West Angeles Community Development Corporation's revenue in 2022 was $2,866,406.
Official website here: www.westangelescdc.org
Who are the executives of West Angeles Community Development Corporation and what are their salaries?
The average compensation at West Angeles Community Development Corporation during 2022 was $38,050. There are 21 employees and 13 volunteers at West Angeles Community Development Corporation.
Here are 15 key members and their salaries (West Angeles Community Development Corporation's CEO's salary is $130,000 and their total compensation is $130,000):
- Compensation: $119,783
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- Other: $4,494
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- Compensation: $130,000
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- Other: $0
Official website here: www.westangelescdc.org
Where can I find the form 990 for West Angeles Community Development Corporation?
West Angeles Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.westangelescdc.org
Learn more at the official website: www.westangelescdc.org
Mission Statement of West Angeles Community Development Corporation
West Angeles Community Development Corporation, a public benefit organization, is dedicated to raising the economic, educational, and social levels within the county of Los Angeles and adjacent communities. The organization's primary activities involve developing and rehabilitating affordable, low-income, and mixed-income housing for underemployed individuals or those whose income falls below the federal poverty level. In addition to providing housing, the corporation offers various support services to its clients, including counseling, vocational training, and emergency assistance. With a focus on empowering its community, West Angeles Community Development Corporation aims to help individuals improve their lives and contribute positively to their communities.
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Impact
July, 2024
West Angeles Community Development Corporation's impact is deeply felt in the County of Los Angeles and adjacent communities. Through its neighborhood redevelopment programs, the organization works tirelessly to raise economic, education, and social levels for those in need. With a focus on developing and rehabilitating affordable, low, and mixed-income housing, West Angeles CDC directly supports the underemployed and individuals living below the federal poverty level.
In addition to housing initiatives, West Angeles CDC provides essential services such as counseling, vocational training, and emergency assistance to around 25,000 clients. By addressing the root causes of economic hardship and offering support in various forms, the organization plays a crucial role in empowering individuals and communities to achieve stability and upward mobility.
Overall, West Angeles CDC's dedication to community improvement is evident in its multifaceted approach to addressing the challenges faced by vulnerable populations. Through their impactful programs and services, the organization continues to make a meaningful difference in the lives of many in the Los Angeles area.
This information is meant to be a general summary of West Angeles 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: $2,088
- Program Service Revenue: $713,286
- Gross Receipts: $5,006,212
Assets and Liabilities:
- Total Assets: $13,773,366
- Total Liabilities: $9,716,423
- Net Assets: $4,056,943
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY DEVELOPMENT INCOME
Revenue
$651,751
HOUSING CLASSES
Revenue
$61,535
Organization Details
Founding Year
1994
Phone
(323) 751-3440Principal Officer
Belinda Allen
Main Address
6028 CRENSHAW BLVD, LOS ANGELES, CA, 90043
Website
www.westangelescdc.orgNTEE Category
Code: S20 - Community improvement
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