Overview
What is The Caleb Group Inc?
The Caleb Group Inc, located in Lynn, Massachusetts, is a nonprofit organization with a mission to enhance the independence of low-income elderly individuals, families, and disabled individuals. To achieve this, they provide management services to organizations that offer affordable housing to qualified tenants. Their work aims to support these organizations in providing stable and affordable living spaces, thereby contributing to the well-being and independence of the communities they serve. With a workforce of 110 employees, The Caleb Group Inc plays a crucial role in facilitating access to housing for those in need.
Official website here: www.the calebfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 84%, Three-Star out of Four Star rating.
The Caleb Group Inc has received an 84% score from Charity Navigator, indicating a solid performance in accountability and finance. The organization boasts a fully independent board, which demonstrates commitment to effective governance. Additionally, the charity has performed well in areas such as financial statements and the absence of material asset diversion, reflecting a strong financial foundation.
However, there are notable gaps in the charity's policies, specifically the absence of a conflict of interest policy, whistleblower policy, and document retention policy. These missing elements could pose risks related to transparency and accountability. Furthermore, while the organization excels in program expenses, which are fully allocated to its mission, improvements in its governance policies are recommended to strengthen its overall operational integrity.
The compensation for key personnel appears to be within reasonable limits in relation to industry standards, but transparency could be enhanced by making tax forms available on the nonprofit's website. Overall, while The Caleb Group Inc shows promise with its strong financial management, addressing policy deficiencies will be critical for future growth and trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Caleb Group Inc legitimate?
The Caleb Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Caleb Group 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: $180,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,335,006
For more financial information, click here
Official website here: www.the calebfoundation.org
What is the mission statement of The Caleb Group Inc?
The Caleb Group Inc's mission is centered around providing management services for organizations that offer affordable housing to qualified tenants. Their objective is to enhance the independence of low-income elderly individuals, families, and disabled people they serve. The group aims to support these organizations in their mission to provide affordable housing, contributing to a more inclusive and equitable living environment for these groups.
Official website here: www.the calebfoundation.org
Who is the CEO of The Caleb Group Inc?
Debra Nutter is the Chairperson of The Caleb Group Inc. The CEO's salary of The Caleb Group Inc is $180,000 and their total compensation is $180,000.
Official website here: www.the calebfoundation.org
What is the revenue of The Caleb Group Inc?
The Caleb Group Inc's revenue in 2022 was $4,036,984.
Official website here: www.the calebfoundation.org
Who are the executives of The Caleb Group Inc and what are their salaries?
The average compensation at The Caleb Group Inc during 2022 was $31,955. There are 110 employees at The Caleb Group Inc.
Here are 16 key members and their salaries (The Caleb Group Inc's CEO's salary is $180,000 and their total compensation is $180,000):
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- Compensation: $180,000
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- Compensation: $135,000
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- Compensation: $153,154
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- Compensation: $149,419
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- Compensation: $120,016
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- Other: $0
Official website here: www.the calebfoundation.org
Where can I find the form 990 for The Caleb Group Inc?
The Caleb Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.the calebfoundation.org
Learn more at the official website: www.the calebfoundation.org
Mission Statement of The Caleb Group Inc
The Caleb Group Inc is dedicated to providing management services for organizations that offer affordable housing to qualified tenants. This mission is centered around enhancing the independence of low and moderate income elderly individuals and families, as well as disabled individuals, who are the primary beneficiaries of their services. By offering skilled management, The Caleb Group Inc contributes to the well-being of these communities, ensuring that they have access to safe and affordable housing options.
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Impact
July, 2024
The Caleb Group Inc positively impacts the community by providing management services for organizations that offer affordable housing to qualified tenants. By enabling low and moderate-income elderly individuals, families, and disabled individuals to access affordable housing, The Caleb Group Inc enhances their independence and quality of life. Through its dedicated efforts in managing affordable housing properties, this organization contributes significantly to addressing housing challenges faced by vulnerable populations in the city of Lynn, Massachusetts. The impact of The Caleb Group Inc extends beyond just providing a roof over people's heads; it plays a crucial role in promoting stability and well-being for those in need.
This information is meant to be a general summary of The Caleb Group 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 2022.
- Investment Income: $303
- Program Service Revenue: $4,006,474
- Gross Receipts: $4,036,984
Assets and Liabilities:
- Total Assets: $1,848,384
- Total Liabilities: $514,062
- Net Assets: $1,334,322
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PAYROLL REIMBURSEMENT
Revenue
$2,442,531
MANAGEMENT FEES
Revenue
$1,193,889
MANAGEMENT FEE SERVICE
Revenue
$263,379
ADMINISTRATIVE FEES
Revenue
$70,940
MISCELLANEOUS
Revenue
$35,735
Organization Details
Founding Year
1999
Phone
(781) 595-4665Principal Officer
Debra Nutter
Main Address
270 BROADWAY, LYNN, MA, 01904
Website
www.the calebfoundation.orgNTEE Category
Code: L80 - Housing
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