Overview
What is Electric Boat Employees Community Services Associations?
Electric Boat Employees Community Services Associations, based in Groton, Connecticut, serves as an umbrella organization for charitable funds in southeastern Connecticut. Primarily, they administer these funds through their member agencies, with the contributions made by Electric Boat employees through payroll deductions. These resources are allocated to approved health and welfare agencies, based on voluntary contributions, to facilitate specific welfare services programs. The mission of Electric Boat Employees Community Services Associations is to support the well-being of their community by channeling employee contributions towards various health and welfare agencies in the region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
The Electric Boat Employees Community Services Association has received a low rating of 52% from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. The organization has no independent board members, which raises questions about governance and oversight. Various essential policies, including conflict of interest and whistleblower protections, are missing, contributing to a lack of transparency.
Despite the financial shortcomings, the organization has shown a commendable program expense ratio of 100%, suggesting that all of its expenses are directed towards its programs. However, the absence of financial statements and other critical documentation on their website further complicates the trustworthiness of the organization. It appears that the charity is not fully compliant with best practices in nonprofit governance, which could deter potential donors and supporters.
Overall, while the Electric Boat Employees Community Services Association is fully utilizing its funding for programs, the glaring gaps in governance, oversight, and transparency present significant limitations that potential donors should consider.
This AI summary has been generated from information found on Charity Navigator.
Is Electric Boat Employees Community Services Associations legitimate?
Electric Boat Employees Community Services Associations is a legitimate nonprofit organization registered as a 501(c)(3) entity. Electric Boat Employees Community Services Associations 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
What is the mission statement of Electric Boat Employees Community Services Associations?
The Electric Boat Employees Community Services Associations' mission is to collect funds from employees through payroll deductions, which can then be distributed to approved health and welfare agencies. These allocations depend on the voluntary contributions made by the employees. The primary purpose of this distribution is to support various welfare services programs. The association may allocate funds in whole or in part to carry out these specific welfare services.
Who is the CEO of Electric Boat Employees Community Services Associations?
Stacie F Francoeur is the Treasurer of Electric Boat Employees Community Services Associations.
What is the revenue of Electric Boat Employees Community Services Associations?
Electric Boat Employees Community Services Associations's revenue in 2022 was $1,772,365.
Who are the executives of Electric Boat Employees Community Services Associations and what are their salaries?
There 6752 volunteers at Electric Boat Employees Community Services Associations.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Electric Boat Employees Community Services Associations?
Electric Boat Employees Community Services Associations's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Electric Boat Employees Community Services Associations
Electric Boat Employees Community Services Associations, a nonprofit organization, is dedicated to raising funds for approved health and welfare agencies. This is achieved through voluntary payroll deductions from the employees. These funds can be allocated in whole or in part to various welfare services programs, depending on the contributions made. The association's mission is to contribute to the betterment of the community by providing financial support to organizations that cater to health and welfare needs. This philanthropic approach allows Electric Boat Employees Community Services Associations to make a significant impact on the well-being of its community, enabling approved agencies to carry out their essential services effectively.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Electric Boat Employees Community Services Associations directly impacts the community by providing funds through employee contributions via payroll deductions. These funds are allocated to approved health and welfare agencies, which rely on voluntary contributions to carry out specific welfare service programs. By supporting these agencies, the organization plays a crucial role in facilitating philanthropic efforts and promoting community well-being in Southeastern Connecticut.
This information is meant to be a general summary of Electric Boat Employees Community Services Associations. 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: $849
- Gross Receipts: $1,772,365
Assets and Liabilities:
- Total Assets: $304,856
- Total Liabilities: $0
- Net Assets: $304,856
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1951
Phone
(860) 433-8082Principal Officer
Stacie F Francoeur
Main Address
PO BOX 1291, GROTON, CT, 063404989
NTEE Category
Code: T70Z - Philanthropy
If you are a representative of Electric Boat Employees Community Services Associations and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.