Overview
What is Center For Community Recovery Innovations Inc?
The Center for Community Recovery Innovations Inc, located in Boston, Massachusetts, is a nonprofit organization primarily focused on grant-making activities. In the fiscal year 2023, they awarded grants to 11 nonprofit organizations in Massachusetts to support the creation or preservation of affordable sober housing. These grant awards are utilized for various expenses such as acquiring, constructing, rehabilitating, and managing housing development projects, as well as covering program costs related to these initiatives. The organization's mission revolves around providing affordable housing solutions for individuals recovering from substance abuse, thereby contributing to the betterment of affected communities in the state.
Official website here: www.masshousing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Center For Community Recovery Innovations Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. Their overall score is derived entirely from a high accountability and finance score of 96%, indicating robust financial practices and transparency. The organization has a solid structure of governance with a fully independent board and comprehensive policies in place for conflict of interest, whistleblower protections, and document retention.
The nonprofit excels in maintaining a high program expense ratio of 99.99%, demonstrating that almost all of its expenses directly support its programs. Additionally, the organization has no material diversion of assets, highlighting their commitment to integrity and responsible management of resources. Their financial health is further evidenced by a liabilities to assets ratio of 0.00%, suggesting they operate without debt.
While the financial compensation for key personnel, such as the President and other executives, is notable, it is important to consider this in the context of their operational scale and the impact of their programs. Overall, the Center For Community Recovery Innovations Inc demonstrates a commitment to accountability and effective use of funds in pursuit of its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Center For Community Recovery Innovations Inc legitimate?
Center For Community Recovery Innovations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Community Recovery Innovations 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.masshousing.com
What is the mission statement of Center For Community Recovery Innovations Inc?
The Center for Community Recovery Innovations Inc is an organization that grants funds to support the creation or preservation of affordable sober housing. The grant money is utilized for various housing development costs such as acquisition, construction, rehabilitation, and other related expenses. In the fiscal year 2023, they awarded grants to 11 nonprofit organizations for this purpose.
Official website here: www.masshousing.com
What is the revenue of Center For Community Recovery Innovations Inc?
Center For Community Recovery Innovations Inc's revenue in 2024 was $811,458.
Official website here: www.masshousing.com
Who are the executives of Center For Community Recovery Innovations Inc and what are their salaries?
Here are 22 key members and their salaries:
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- Related: $285,047
- Other: $44,746
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- Related: $223,523
- Other: $80,366
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- Related: $279,076
- Other: -$105,294
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- Other: $65,523
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- Related: $228,559
- Other: $54,367
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- Related: $281,756
- Other: $53,508
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- Related: $271,916
- Other: $3,244
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- Related: $273,319
- Other: -$31,875
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- Related: $223,758
- Other: $70,532
- Compensation: $0
- Related: $270,669
- Other: $102,070
Official website here: www.masshousing.com
Where can I find the form 990 for Center For Community Recovery Innovations Inc?
Center For Community Recovery Innovations Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.masshousing.com
Learn more at the official website: www.masshousing.com
Mission Statement of Center For Community Recovery Innovations Inc
The Center for Community Recovery Innovations Inc, a nonprofit organization, dedicates its efforts to granting funds that facilitate the creation or preservation of affordable sober housing in Massachusetts. The grants awarded by the organization are utilized for various aspects related to housing development, including acquisition, construction, rehabilitation, and program costs. In the fiscal year 2023, the organization granted funds to eleven nonprofit organizations for the purpose of establishing or maintaining affordable sober housing in the state. This work by the Center for Community Recovery Innovations Inc plays a vital role in providing a supportive living environment for individuals recovering from substance abuse, thereby contributing to their successful reintegration into society.
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Impact
June, 2024
Center For Community Recovery Innovations Inc's impact lies in its significant contribution to the creation and preservation of affordable sober housing in Massachusetts. By awarding grants to support housing development and program costs, the organization plays a crucial role in addressing the needs of individuals seeking recovery and stability in their lives. Through its focused mission, CCRI positively impacts communities by providing essential resources for individuals struggling with mental health challenges, ultimately fostering a supportive environment for their recovery and well-being.
This information is meant to be a general summary of Center For Community Recovery Innovations Inc. 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 2024.
- Investment Income: $111,458
- Gross Receipts: $811,458
Assets and Liabilities:
- Total Assets: $1,667,385
- Total Liabilities: $0
- Net Assets: $1,667,385
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Organization Details
Founding Year
1994
Principal Officer
Rachel Madden
Website
www.masshousing.comNTEE Category
Code: F200 - Mental health
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