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Virginia Park Community Investment Associates Inc

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

EIN: 382150470 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

Overview

What is Virginia Park Community Investment Associates Inc?

Virginia Park Community Investment Associates Inc is a nonprofit organization situated in Detroit, Michigan. Their primary purpose lies in managing a shopping center within the urban city, offering convenience to the general public. Beyond this, the organization is committed to fostering investment education within the community. They provide investment training sessions, enabling local residents to enhance their financial literacy and skills.


Is Virginia Park Community Investment Associates Inc legitimate?

Virginia Park Community Investment Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Park Community Investment Associates Inc 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: $15,925
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Virginia Park Community Investment Associates Inc?
Who is the CEO of Virginia Park Community Investment Associates Inc?
What is the revenue of Virginia Park Community Investment Associates Inc?
Who are the executives of Virginia Park Community Investment Associates Inc and what are their salaries?
Where can I find the form 990 for Virginia Park Community Investment Associates Inc?

Mission Statement of Virginia Park Community Investment Associates Inc

Virginia Park Community Investment Associates Inc, as an organization, is committed to serving its community by operating a shopping center and offering investment training opportunities. This mission extends beyond just managing a retail space; it involves empowering local individuals by imparting financial literacy skills. The shopping center caters to the general public, providing a convenient and accessible space for daily needs. Simultaneously, the organization dedicates resources to educating community members about investment, thereby fostering a culture of financial independence and self-reliance.

Impact

This information is meant to be a general summary of Virginia Park Community Investment Associates Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Virginia Park Community Investment Associates Inc's impact is significant within the community of Detroit, MI. Through the operation of a shopping center and the provision of investment training to community members, the organization plays a crucial role in promoting economic development and empowerment. By offering accessible resources and education, Virginia Park Community Investment Associates Inc contributes to the improvement of the community and the financial well-being of its residents.





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: $11
  • Program Service Revenue: $0
  • Gross Receipts: $531,337

    • Assets and Liabilities:
  • Total Assets: $643,896
  • Total Liabilities: $8,706
  • Net Assets: $635,190
  • Organization Details

    Founding Year

    1970

    Principal Officer

    Angela Polk

    Main Address

    8671 Rosa Parks Blvd, Detroit, MI, 48206

    NTEE Category

    Code: S200 - Community improvement

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