Overview
What is Community Renewal Team Inc?
Community Renewal Team Inc is a prominent nonprofit organization, serving as the largest community action agency in the state. Based in Manchester and other communities, they offer a wide array of essential human services to individuals and families in need. The organization's mission is to improve lives and promote self-sufficiency through comprehensive support, addressing various aspects of well-being. Their reach extends beyond Manchester, touching lives in numerous communities. While details on their programs and initiatives are outlined in their schedule, their commitment to enhancing the quality of life for those they serve remains steadfast.
Official website here: www.crtct.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Community Renewal Team Inc has achieved a remarkable rating of 96%, indicating strong performance in accountability and finance. The organization stands out for its governance structure, featuring 100% independent board members, ensuring that oversight is both unbiased and effective. Additionally, the charity demonstrates transparency with robust financial practices, including a well-functioning audit and oversight committee.
The nonprofit excels in financial efficiency, with a program expense ratio of 93.04%. This suggests that the vast majority of its funds are directed toward programs and services rather than administrative costs. The organization also maintains a solid liabilities-to-assets ratio of 32.81%, reflecting a healthy financial position that allows for sustainable operations.
Despite these strengths, it is important for potential donors and supporters to stay informed about the organization's ongoing projects and impacts. While the financial metrics are impressive, understanding the outcomes of its programs and how they align with community needs can provide a more comprehensive view of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Community Renewal Team Inc legitimate?
Community Renewal Team Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Renewal Team 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: $528,623
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,167,323
For more financial information, click here
Official website here: www.crtct.org
What is the mission statement of Community Renewal Team Inc?
Community Renewal Team is a leading organization dedicated to offering a broad spectrum of human services to individuals and families in various communities. As the state's largest community action agency, it aims to make a significant impact by providing essential support to those in need. The organization's mission encompasses addressing the complex needs of individuals and families through a comprehensive range of services. By delivering these vital resources, Community Renewal Team strives to create positive change and improve the overall well-being of the people it serves.
Official website here: www.crtct.org
Who is the CEO of Community Renewal Team Inc?
Magdalena Rodriguez is the President/Ceo of Community Renewal Team Inc. The CEO's salary of Community Renewal Team Inc is $330,926 and their total compensation is $376,886.
Official website here: www.crtct.org
What is the revenue of Community Renewal Team Inc?
Community Renewal Team Inc's revenue in 2022 was $60,972,050.
Official website here: www.crtct.org
Who are the executives of Community Renewal Team Inc and what are their salaries?
The average compensation at Community Renewal Team Inc during 2022 was $39,584. There are 346 employees and 750 volunteers at Community Renewal Team Inc.
Here are 20 key members and their salaries (Community Renewal Team Inc's CEO's salary is $330,926 and their total compensation is $376,886):
- Compensation: $330,926
- Related: $0
- Other: $45,960
- Compensation: $131,682
- Related: $0
- Other: $21,863
- Compensation: $144,864
- Related: $0
- Other: $6,873
- Compensation: $143,293
- Related: $0
- Other: $8,207
- Compensation: $129,301
- Related: $0
- Other: $14,179
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Official website here: www.crtct.org
Where can I find the form 990 for Community Renewal Team Inc?
Community Renewal Team Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.crtct.org
Learn more at the official website: www.crtct.org
Mission Statement of Community Renewal Team Inc
Community Renewal Team, the largest community action agency in the state, is dedicated to enhancing the lives of individuals and families in need. Based on the information provided, the organization takes a holistic approach to human services, offering a wide array of resources and support.
Community Renewal Team's mission is to make a significant impact in the communities it serves. Through its diverse range of programs and initiatives, the organization addresses the complex needs of its clients, ensuring they have access to essential resources for a better quality of life. The agency's size and scope enable it to cater to a large population, empowering them to overcome challenges and create a brighter future for themselves and their families.
The organization's commitment to providing comprehensive human services is evident in its extensive offerings. By addressing the root causes of poverty, hunger, and other social issues, Community Renewal Team fosters long-term sustainability and self-sufficiency for its clients. In doing so, it contributes to the overall well-being and progress of the communities it serves.
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Impact
August, 2024
Community Renewal Team Inc's impact is significant in promoting human services and supporting individuals and families in Manchester and other communities. They work diligently to address various needs and challenges faced by residents, offering a wide range of crucial services to help improve the quality of life for many. Their efforts play a crucial role in enhancing the well-being and welfare of those they serve, making a positive difference in the communities they operate in.
This information is meant to be a general summary of Community Renewal Team 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: $199,447
- Program Service Revenue: $59,227,624
- Gross Receipts: $61,061,300
Assets and Liabilities:
- Total Assets: $36,879,484
- Total Liabilities: $12,103,651
- Net Assets: $24,775,833
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENERGY ASSISTNACE PROGRAMS
Revenue
$29,284,943
HOUSING AND SHELTER SERVICES
Revenue
$6,715,723
ELDERLY NUTRITION SERVICES
Revenue
$5,088,205
CHILDREN PROGRAM
Revenue
$3,263,374
CLINICAL SERVICES
Revenue
$3,222,853
Organization Details
Founding Year
1964
Phone
(850) 560-5600Principal Officer
Magdalena Rodriguez
Main Address
555 WINDSOR STREET, HARTFORD, CT, 06120
Website
www.crtct.orgNTEE Category
Code: P200 - Human services
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