Ogontz Avenue Revitalization Corp

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

EIN: 222483318 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Ogontz Avenue Revitalization Corp?

Ogontz Avenue Revitalization Corp is a nonprofit organization situated in Philadelphia, Pennsylvania, at 2502 West Cheltenham Avenue. Their mission is to foster sustainable economic development in the West Oak Lane neighborhood and beyond in the northwest section of Philadelphia, utilizing innovative and creative resources. They approach community revitalization holistically, focusing on five key areas: business and economic development, housing development, community engagement, arts and culture, and greening solutions for sustainable living. The organization aims to improve the quality of life for local residents, as indicated in their mission statement. They have a team of seven dedicated individuals working towards these objectives.


Official website here: www.oarcphilly.org

Is Ogontz Avenue Revitalization Corp legitimate?

Ogontz Avenue Revitalization Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ogontz Avenue Revitalization 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $350,036

For more financial information, click here


Official website here: www.oarcphilly.org

What is the mission statement of Ogontz Avenue Revitalization Corp?

The Ogontz Avenue Revitalization Corp's mission is centered around stimulating sustainable economic development. They accomplish this by creatively and innovatively utilizing their resources. The ultimate goal is to enhance the quality of life for residents, extending beyond their primary neighborhood of West Oak Lane to other communities in the Northwest section of Philadelphia. The organization takes a comprehensive approach to community revitalization, focusing on five key areas: business and economic development, housing development, community engagement, arts and culture, and sustainable living solutions. (Details can be found in their schedule O.)


Official website here: www.oarcphilly.org

Who is the CEO of Ogontz Avenue Revitalization Corp?

Kimberly Lloyd is the President/Ceo-Member of Ogontz Avenue Revitalization Corp. The CEO's salary of Ogontz Avenue Revitalization Corp is $283,902 and their total compensation is $283,902.


Official website here: www.oarcphilly.org

What is the revenue of Ogontz Avenue Revitalization Corp?

Ogontz Avenue Revitalization Corp's revenue in 2022 was $2,243,490.


Official website here: www.oarcphilly.org

Who are the executives of Ogontz Avenue Revitalization Corp and what are their salaries?

The average compensation at Ogontz Avenue Revitalization Corp during 2022 was $50,005. There are 7 employees and 3 volunteers at Ogontz Avenue Revitalization Corp.

Here are 4 key members and their salaries (Ogontz Avenue Revitalization Corp's CEO's salary is $283,902 and their total compensation is $283,902):

    Kimberly A Lloyd (President/Ceo-Member) [Trustee/Director]
  • Compensation: $283,902
  • Related: $0
  • Other: $0

    • Phyllis Benson (Secretary - Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deason Michael Bennett (Treasurer - Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Mujahid Nyahuma (Board Chair - Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.oarcphilly.org

    Where can I find the form 990 for Ogontz Avenue Revitalization Corp?

    The Ogontz Avenue Revitalization Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.oarcphilly.org

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

    Mission Statement of Ogontz Avenue Revitalization Corp

    Ogontz Avenue Revitalization Corp, a nonprofit organization, is committed to stimulating sustainable economic development in the West Oak Lane and other neighborhoods within the northwest section of Philadelphia. They achieve this goal by employing innovative and creative strategies to utilize their available resources. Their mission is to enhance the quality of life for the residents in these areas. They accomplish this by focusing on five key pillars: business and economic development, housing development, community engagement, arts and culture, and greening solutions for sustainable living. The organization takes a holistic approach to community revitalization, aiming to improve the overall well-being of the community. (Source: Ogontz Avenue Revitalization Corp's information provided)

    Impact

    This information is meant to be a general summary of Ogontz Avenue Revitalization Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Ogontz Avenue Revitalization Corp's impact in Philadelphia, PA, specifically in West Oak Lane and other neighborhoods in the northwest section of the city, is significant. By focusing on their five pillars of business and economic development, housing development, community engagement, arts and culture, and greening solutions for sustainable living, they are working towards creating and stimulating sustainable economic growth. Their holistic approach towards community revitalization has led to an improvement in the quality of life for residents in these areas. Through innovative and creative use of available resources, Ogontz Avenue Revitalization Corp is making a positive impact on the community and contributing to overall community improvement.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $111
  • Program Service Revenue: $2,238,929
  • Gross Receipts: $2,243,490

    • Assets and Liabilities:
  • Total Assets: $16,606,131
  • Total Liabilities: $8,138,397
  • Net Assets: $8,467,734
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    FEE AND RENTAL INCOME

    Revenue

    $2,238,929

    Organization Details

    Founding Year

    1983

    Principal Officer

    Kimberly Lloyd

    Main Address

    2502 West Cheltenham Avenue, Philadelphia, PA, 19150

    NTEE Category

    Code: S31 - Community improvement

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