Overview
What is Community Center Trust?
Community Center Trust, with its primary address at 459 Merrimack Street, Methuen, MA 01844, is a nonprofit organization with a mission to provide facilities for community events. This includes hosting events open to the public as well as supporting the Sons of Italy, a related organization. With a team of eight dedicated individuals, the Community Center Trust serves as a hub for various community functions, contributing to the local community's social and recreational activities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, Score: 73%)
The Community Center Trust has received a two-star rating from Charity Navigator, indicating that while their accountability and finance practices score highly at 100%, several key policies are missing. The organization demonstrates strong governance with an independent board and no record of asset diversion. However, their lack of essential policies such as a conflict of interest policy and a whistleblower policy raises concerns regarding transparency and operational integrity.
Strengths of the organization include a solid program expense ratio of 92.42%, which suggests that a significant majority of their expenditures are directed toward their programs rather than administrative costs. Additionally, the trust has a perfect score for their liabilities to assets ratio, indicating a strong financial position with no liabilities reported.
Despite these strengths, the absence of critical documentation and policies, such as their website listed on the tax form and a missing document retention policy, highlights areas requiring improvement. Addressing these shortcomings could enhance their overall rating and foster greater trust among donors and the community they serve.
This AI summary has been generated from information found on Charity Navigator.
Is Community Center Trust legitimate?
Community Center Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Center 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: $0
Professional Fundraising Fees: $0
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For more financial information, click here
What is the mission statement of Community Center Trust?
The Community Center Trust's mission is centered around providing facilities for community events, extending this service not only to the general public but also to a related organization, the Sons of Italy. In essence, their role is to operate a community center that serves as a venue for various functions. By doing so, they contribute to fostering a sense of community and promoting communal activities.
What is the revenue of Community Center Trust?
Community Center Trust's revenue in 2023 was $114,652.
Who are the executives of Community Center Trust and what are their salaries?
There 50 volunteers at Community Center Trust.
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Where can I find the form 990 for Community Center Trust?
Community Center Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Community Center Trust
The Community Center Trust is an organization that plays a significant role in facilitating community events. Its mission is multifaceted, serving both the general public and a related organization called the Sons of Italy. This nonprofit organization provides a community center that is utilized for various functions, thereby fostering a sense of community and engagement. By offering its facilities for community events, the Community Center Trust contributes to the social fabric of the community, providing a space where people can come together and engage in shared activities.
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Impact
August, 2024
Community Center Trust provides essential facilities for community events in Methuen, MA, serving the public and the Sons of Italy. Its mission revolves around offering a space for various functions that strengthen community bonds and foster social connections. Through its services, the organization plays a key role in enhancing human services and promoting a sense of belonging among residents in Methuen.
This information is meant to be a general summary of Community Center 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 2023.
- Investment Income: $4,363
- Program Service Revenue: $13,319
- Gross Receipts: $131,287
Assets and Liabilities:
- Total Assets: $2,047,788
- Total Liabilities: $0
- Net Assets: $2,047,788
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Organization Details
Founding Year
1969
Principal Officer
Pio Frittitta
NTEE Category
Code: P11 - Human services
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