Overview
What is Cjr Fundinc?
Cjr Fundinc is a nonprofit organization located in Litchfield, Connecticut. Its primary mission is to support two related charitable entities, Mary Buel Memorial, Incorporated, and the Connecticut Junior Republic, Incorporated. To accomplish this, Cjr Fundinc solicits and receives contributions, grants, bequests, and devises, which they then invest, reinvest, and administer. These funds are subsequently distributed to the aforementioned organizations for their respective charitable purposes. The organization, with a modest workforce of 2 individuals, operates with discretion from its board of directors, annually granting funds to the Connecticut Junior Republic, Inc.
Official website here: www.ctjuniorrepublic.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 75% (Three-Star out of Four Star rating).
Cjr Fundinc has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization's score is primarily based on its accountability measures, where it excels with a full score in areas such as independent board membership and financial oversight. The presence of a majority of independent board members and the absence of material diversion of assets are significant strengths that contribute to its overall accountability.
Despite its strong financial governance, the organization has a program expense ratio of 53.36%, which indicates that just over half of its expenses go directly toward its programs. This is an area where the organization could improve, as Charity Navigator suggests that a higher percentage spent on programs indicates more effective use of resources toward its mission. Overall, while Cjr Fundinc demonstrates strong governance and financial health, there remains room for enhancing the impact of its programmatic expenditures.
This AI summary has been generated from information found on Charity Navigator.
Is Cjr Fundinc legitimate?
Cjr Fundinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cjr Fundinc 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: $205,916
For more financial information, click here
Official website here: www.ctjuniorrepublic.org
What is the mission statement of Cjr Fundinc?
Cjr Fundinc's mission is centered around assisting two charitable organizations, Mary Buel Memorial, Incorporated, and the Connecticut Junior Republic, Incorporated. The primary objective of Cjr Fundinc is to collect funds through contributions, grants, bequests, and devises for these organizations. Additionally, they manage and invest these collected funds, and make distributions to these organizations for appropriate purposes. In essence, Cjr Fundinc serves as a financial intermediary, supporting these two charities in fulfilling their respective missions.
Official website here: www.ctjuniorrepublic.org
Who is the CEO of Cjr Fundinc?
Daniel Rezende is the CEO of Cjr Fundinc The CEO's salary of Cjr Fundinc is $0 and their total compensation is $253,952.
Official website here: www.ctjuniorrepublic.org
What is the revenue of Cjr Fundinc?
Cjr Fundinc's revenue in 2024 was $2,340,617.
Official website here: www.ctjuniorrepublic.org
Who are the executives of Cjr Fundinc and what are their salaries?
The average compensation at Cjr Fundinc during 2024 was $94,298. There 15 volunteers at Cjr Fundinc.
Here are 18 key members and their salaries (Cjr Fundinc's CEO's salary is $0 and their total compensation is $253,952):
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- Related: $219,766
- Other: $34,186
- Compensation: $0
- Related: $136,551
- Other: $35,262
- Compensation: $139,200
- Related: $0
- Other: $19,316
Official website here: www.ctjuniorrepublic.org
Where can I find the form 990 for Cjr Fundinc?
Cjr Fundinc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ctjuniorrepublic.org
Learn more at the official website: www.ctjuniorrepublic.org
Mission Statement of Cjr Fundinc
CJR Fundinc, as a charitable organization, is dedicated to supporting two non-profit entities, Mary Buel Memorial, Incorporated, and the Connecticut Junior Republic, Incorporated. Its primary mission is multifaceted. Initially, it seeks to gather contributions, grants, bequests, and devises, all in the name of charitable purposes for these organizations. Beyond this, CJR Fundinc also accepts, holds, invests, reinvestments, and administers any funds it receives. Lastly, the organization distributes these funds to the aforementioned organizations for any appropriate purposes. In essence, CJR Fundinc serves as a financial intermediary, working to aid and bolster the charitable endeavors of Mary Buel Memorial, Incorporated, and the Connecticut Junior Republic, Incorporated.
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Impact
July, 2024
Cjr Fundinc's impact lies in its ability to support and assist organizations like Mary Buel Memorial, Inc. and the Connecticut Junior Republic, Inc. through soliciting and receiving contributions, grants, bequests, and devises for their charitable purposes. By accepting, holding, investing, reinvesting, and administering funds, Cjr Fundinc plays a crucial role in making distributions to these organizations for proper purposes. This support helps further the mission of these organizations, contributing to community improvement and overall societal betterment.
This information is meant to be a general summary of Cjr Fundinc. 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: $70,189
- Gross Receipts: $2,388,462
Assets and Liabilities:
- Total Assets: $24,252,140
- Total Liabilities: $961,904
- Net Assets: $23,290,236
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Organization Details
Founding Year
1989
Principal Officer
Daniel Rezende
Website
www.ctjuniorrepublic.orgNTEE Category
Code: S41 - Community improvement
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