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Forward Cities Inc

Forward Cities Inc

Durham, NC 27702
Tax ID13-4302280

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About this organization

Revenue

$912,753

Expenses

$759,127

Mission

Forward Cities' mission is to create opportunities for shared prosperity through inclusive and equitable entrepreneurial ecosystem development. Forward Cities is committed to ensuring that all individuals, regardless of background, can reach their full entrepreneurial potential and that the communities in which they live thrive.

About

CEOs for Cities is a cross-sector city success learning and action network. We connect cross-sector leaders with each other and with the smartest ideas and practices for moving the needle on the four key dimensions of city success - connections, innovation, talent, and your distinctive assets. Our work consists of four core elements: - We curate smart ideas and benchmark city success through our city vitals. - We connect cross-sector leaders through our network of city clusters. - We catalyze collaborative change through our city dividends. - We accelerate progress through our dividend prize challenges. City Vitals 3.0 - City Vitals is our benchmarking tool for city success. The four letters that make up the word city spell out the genetic code of urban success: connections, innovation, talent, and your distinctive assets. Using 30 different indicators, we analyze these four key dimensions to economic success in the 130 largest metropolitan areas of the United States. City Dividend - A city dividend is the return on investment for achieving a targeted, measurable, actionable goal toward your city's economic success. City dividends are premised on our research and experience that measurable progress, or moving the needle, on targeted work can reap huge economic growth dividends for cities, and accelerate and sustain movement on important goals. We have developed three city dividends - the talent, green opportunity, and health/diabetes dividends, and are developing more. Each dividend reflects one small change that leads to a big economic dividend.

Interesting data from their 2019 990 filing

The non-profit's mission, as described in the filing, is “Ceos for cities connects cross sector leaders with each other and with the smartest ideas and practices for moving the needle on the key dimensions of city success.”.

When describing its duties, they were characterized as: “Ceos for cities connects cross sector leaders with each other and with the smartest ideas and practices for moving the needle on the key dimensions of city success.”.

  • The non-profit has complied with legal regulations by reporting their state of operation as IL.
  • As of 2019, the non-profit has reported a total of 3 employees on their form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $153,626.
  • The compensation of the CEO of the organization is subject to review and approval by an independent body.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 8 independent voting members.
  • The organization was formed in 2005.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $170,400 in salary, compensation, and benefits to its employees.
  • The organization pays $50,691 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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