Overview
What is Cccp Community Trust?
Cccp Community Trust, also known as CCCPCT, is a nonprofit organization situated in Charlotte, North Carolina. With a focus on community building, they spearhead initiatives in health and wellness, arts, culture, events, and entertainment. Their primary mission is to facilitate city-wide initiatives in arts, education, sustainability, health, and wellness. Notably, they run events such as the Novant Health Thanksgiving Eve Parade, CLT New Year's Eve, and Charlotte Shout!, the latter being reintroduced in 2019 after a brief hiatus. Additionally, they have secured grants to activate the North Tryon area, enhance their Music Everywhere initiative, and sponsor rail trail activation, offering assistance to those affected by the pandemic. Their workforce consists of 5 dedicated individuals.
Official website here: www.charlottecentercity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Cccp Community Trust has achieved a Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's overall score reflects its strong performance in accountability and finance, with a notable 94% score in this category. This rating is based on various metrics, including a majority of independent board members and effective financial oversight.
The organization excels in several key areas, such as having an independent board composed of 87% members, robust financial management practices, and no reported issues of asset diversion. Additionally, the charity maintains transparency with documented policies around conflict of interest, whistleblower protections, and thorough record-keeping of board meeting minutes. Its impressive program expense ratio of 96.49% demonstrates a strong commitment to utilizing funds for its mission rather than administrative costs.
However, while the charity's liabilities to assets ratio is healthy at 21.65%, its working capital ratio at 0.41 years suggests some caution is warranted regarding its short-term financial flexibility. Overall, Cccp Community Trust's strong financial practices and governance structures indicate it is well-managed, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Cccp Community Trust legitimate?
Cccp Community Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cccp Community Trust 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: $122,098
Professional Fundraising Fees: $0
Other Salaries and Wages: $700,978
For more financial information, click here
Official website here: www.charlottecentercity.org
What is the mission statement of Cccp Community Trust?
The mission of Cccp Community Trust, as stated, is to provide a platform for city-wide community-building initiatives focused on arts, education, sustainability, health, and wellness. They achieve this by organizing various events and festivals that promote inclusivity in arts experiences. Notable events include the Novant Health Thanksgiving Eve Parade, a holiday tradition started in 2013, CLT New Year's Eve celebration, and Charlotte Shout!, an event reintroduced in spring 2019. Furthermore, the trust has secured grants to activate specific areas, enhance music opportunities, and aid communities affected by the pandemic.
Official website here: www.charlottecentercity.org
Who is the CEO of Cccp Community Trust?
Michael J Smith is the Director/Exec. Dir. Cccpct of Cccp Community Trust.
Official website here: www.charlottecentercity.org
What is the revenue of Cccp Community Trust?
Cccp Community Trust's revenue in 2022 was $3,485,349.
Official website here: www.charlottecentercity.org
Who are the executives of Cccp Community Trust and what are their salaries?
The average compensation at Cccp Community Trust during 2022 was $164,615. There are 5 employees and 600 volunteers at Cccp Community Trust.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $493,513
- Other: $74,136
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $168,336
- Other: $29,502
- Compensation: $0
- Related: $165,836
- Other: $29,279
- Compensation: $0
- Related: $115,366
- Other: $25,741
- Compensation: $122,098
- Related: $0
- Other: $852
Official website here: www.charlottecentercity.org
Where can I find the form 990 for Cccp Community Trust?
Cccp Community Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.charlottecentercity.org
Learn more at the official website: www.charlottecentercity.org
Mission Statement of Cccp Community Trust
Cccp Community Trust, or CCCPCT, strives to foster a sense of community in various aspects, primarily focusing on health and wellness, arts, culture, events, and entertainment. Their mission is to serve as a platform for city-wide community-building initiatives in arts, education, sustainability, health, and wellness. By doing so, CCCPCT aims to enhance arts, cultural, and entertainment opportunities in Charlotte, creating inclusive experiences for its residents.
CCCPCT achieves this through various events and initiatives. For instance, they organize the Novant Health Thanksgiving Eve Parade, an annual holiday celebration that has been a city tradition since 2013. Additionally, they spearhead CLT New Year's Eve, a festive celebration that takes place on December 31st in Uptown, and Charlotte Shout!, an event that showcases the city's creative spirit. CCCPCT has also secured several grants to support their mission, including funds to activate the North Tryon area, enhance their Music Everywhere initiative, and sponsor activation of the Rail Trail. These grants aim to provide aid to communities affected by the pandemic and promote community engagement.
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Impact
July, 2024
Cccp Community Trust, through its initiatives around health & wellness, arts, culture, events, and entertainment, has made a significant impact in Charlotte. By enhancing arts, cultural, and entertainment opportunities in the city, particularly through festivals like the Novant Health Thanksgiving Eve Parade, CLT New Year's Eve, and Charlotte Shout!, Cccp Community Trust has contributed to creating inclusive arts experiences that bring the community together.
Additionally, by securing grants to activate the North Tryon area, enhance their Music Everywhere initiative to support those affected by the pandemic, and sponsor the activation of the Rail Trail, Cccp Community Trust has demonstrated its commitment to city-wide community-building in Charlotte. Their mission to provide a platform for diverse initiatives in arts, education, sustainability, health, and wellness underscores their dedication to making a positive impact on the community.
This information is meant to be a general summary of Cccp Community Trust. 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: -$3,029
- Program Service Revenue: $189,015
- Gross Receipts: $3,577,502
Assets and Liabilities:
- Total Assets: $2,326,654
- Total Liabilities: $276,520
- Net Assets: $2,050,134
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY EVENTS
Revenue
$189,015
Organization Details
Founding Year
2002
Phone
(704) 332-2227Principal Officer
Michael J Smith
Main Address
200 S TRYON STREET 1600, CHARLOTTE, NC, 28202
Website
www.charlottecentercity.orgNTEE Category
Code: A60 - Arts
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