Profile | About
About Social Compact

About Social Compact

Social Compact is a non-profit organization that breaks down barriers to public investment in underserved urban areas. Since its founding in 1990, the organization has become a powerful force for change in overlooked urban markets by delivering the reliable, representative, and up-to-the-minute information about a community’s economic health needed to make critically important investments possible and partnering with investors, municipalities, and community leaders to leverage this valuable information in the decision-making process.

BETTER DATA = BETTER INVESTMENT

Over the last decade, Social Compact has focused its work on the development and deployment of a collection of innovative economic and demographic analyses custom tailored for inner-city neighborhoods.  When these analytical tools, most often as part of a Social Compact DrillDown profile, are applied to a wide range of transactional data sets, the resulting information is an invaluable tool for attracting local investment.  Findings have been successfully used by cities and businesses to provide quality financial and municipal services, encourage property as well as small business development, and attract retail investment.

Unlike most other methodologies, Social Compact’s analyses are not derived from census data and are calibrated to measure the vibrant, informal economies of underserved urban areas, integrating information about real estate, consumer expenditures, utility usage, bill payments and other critical factors.  The organization’s groundbreaking research replaces outdated and outmoded, deficiency-based data on lower-income communities with current and reliable market analysis. 

Cumulatively, Social Compact has identified:
•    Aggregate household income $35 billion (22%) higher than census trend projections
•    350,000 more households than census trend projections
•    1.25 million more residents than census trend projections

BETTER NUMBERS = BETTER NEIGHBORHOODS

More than 20 cities have partnered with Social Compact to conduct analyses in over 350 urban neighborhoods.  Because Social Compact is uniquely able to statistically capture the real-life picture of a community’s economic health, it can incisively identify and quantify opportunities in areas traditionally overlooked and underserved by businesses, financial establishments, and other services.  Social Compact’s reports, and the investment that often follows, can catalyze the redefinition of a neighborhood’s business profile, create jobs, bolster the tax base, improve the availability of goods, and help create better-served, healthier, and safer neighborhoods.

Baltimore Drilldown
Baltimore Drilldown
Download Report
Impact on Communities
Impact on Communities
John Talmage, President
Columbia Heights
Columbia Heights
Watch video
  • socialcompact.org/news
  • Social Compact News RSS Feed
  • socialcompact.org/blog
  • Social Compact Blog RSS Feed
 

Healthy Food Access Report Released

Food Deserts Presentation

Citing Social Compact’s DrillDown reports, PolicyLink and The Food Trust release a comprehensive healthy food access report.

PolicyLink and The Food Trust are pleased today to release “The Grocery Gap: Who Has Access to Healthy Food and Why It Matters” –…

Continue Reading

Study Finds 825,000 Adults In New York City Do Not Have Bank Or Credit Union Accounts

The New York Department of Consumer Affairs commissioned the Social Compact to provide analytical estimates of the banking patterns of New Yorkers. After receiving the Social Compacts report, the Department issued the following press release.

 

Thursday, February 25, 2010

Kay Sarlin/Elizabeth Miller, (212) 487-4283
   
   
MORE THAN 825,000 ADULTS IN NEW YORK CITY DO NOT HAVE BANK OR CREDIT UNION ACCOUNTS ACCORDING TO NEW CITYWIDE STUDY

Commissioner Mintz Kicks Off Citywide Outreach Campaign to Enroll Unbanked New Yorkers into NYC SafeStart Bank Accounts

Department of Consumer…

Continue Reading

Hearing on Census Data and Its Use In Federal Funding

On July 9, Social Compact director of external relations, Jamie Alderslade, submitted oral testimony to the House Subcommittee on Information Policy, Census, and National Archives. The Subcommittee held a hearing on “Census Data and Its Use in Federal Formula Funding.”

Alderslade, along with Mayor Carty Finkbeiner of Toledo, OH, Mayor Robert Bowser of East Orange, New Jersey, and, Arturo Vargas, Executive Director of the National Association of Latino Elected and Appointed Officials, presented testimony…

Continue Reading

Nonprofit counts Census errors

 

The Census Bureau is reporting an exodus from suburbs, but the numbers are just estimates. A non-profit called Social Compact is finding a lot…

Continue Reading