Overview
What is Claremont Neighborhood Centers Inc?
Claremont Neighborhood Centers Inc is a nonprofit organization situated in the Bronx, New York, specifically at 489 East 169th Street. Their primary mission is to offer affordable and high-quality child care services to 105 local working families. Beyond child care, they also extend their reach to the broader Claremont community, providing social and recreational services to its residents. With a dedicated workforce of 65 employees, Claremont Neighborhood Centers Inc aims to positively impact the lives of children and families in the area.
Official website here: www.claremontcenter.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% - Three-Star out of Four Star rating.
Claremont Neighborhood Centers Inc has earned a Three-Star rating from Charity Navigator, indicating a generally favorable performance in financial accountability and transparency. The organization showcases significant strengths in governance, with a fully independent board and robust financial oversight practices. It's noteworthy that they have successfully maintained a high program expense ratio of 92.02%, demonstrating a strong commitment to directing resources toward their mission.
However, the organization's liabilities to assets ratio is a concern, scoring 0 out of 15 points in this area. This indicates a potentially high level of financial liabilities compared to assets, which could pose a risk for sustainability in the long term. While Claremont Neighborhood Centers Inc demonstrates strong governance and fiscal responsibility, stakeholders may want to monitor the organization's financial health closely.
Overall, the positive aspects of accountability and transparency reflect a well-managed nonprofit, but potential vulnerabilities in their financial structure highlight the need for careful oversight and strategic planning moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Claremont Neighborhood Centers Inc legitimate?
Claremont Neighborhood Centers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Claremont Neighborhood Centers 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: $479,716
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,616,805
For more financial information, click here
Official website here: www.claremontcenter.org
What is the mission statement of Claremont Neighborhood Centers Inc?
The mission of Claremont Neighborhood Centers Inc, as stated, is centered around providing social and recreational services. This mission is extended to individuals residing in a specific community, in this case, the Claremont area of the Bronx, New York. The organization's primary goal is to offer affordable and high-quality child care services to 105 families within this community, allowing them to maintain their employment. In essence, Claremont Neighborhood Centers Inc aims to enhance the lives of its community members by providing essential social and recreational services and child care support.
Official website here: www.claremontcenter.org
Who is the CEO of Claremont Neighborhood Centers Inc?
Abraham Jones is the Executive Director of Claremont Neighborhood Centers Inc.
Official website here: www.claremontcenter.org
What is the revenue of Claremont Neighborhood Centers Inc?
Claremont Neighborhood Centers Inc's revenue in 2022 was $3,112,060.
Official website here: www.claremontcenter.org
Who are the executives of Claremont Neighborhood Centers Inc and what are their salaries?
The average compensation at Claremont Neighborhood Centers Inc during 2022 was $32,254. There are 65 employees and 5 volunteers at Claremont Neighborhood Centers Inc.
Here are 8 key members and their salaries:
- Compensation: $185,292
- Related: $0
- Other: $0
- Compensation: $163,463
- Related: $0
- Other: $0
- Compensation: $130,961
- 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
Official website here: www.claremontcenter.org
Where can I find the form 990 for Claremont Neighborhood Centers Inc?
Claremont Neighborhood Centers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.claremontcenter.org
Learn more at the official website: www.claremontcenter.org
Mission Statement of Claremont Neighborhood Centers Inc
Claremont Neighborhood Centers Inc, a nonprofit organization, is committed to offering social and recreational services to individuals residing in the Claremont community of the Bronx, New York. The core mission of this organization is to cater to the needs of this community by providing affordable, high-quality child care services to approximately 105 working families. By offering these services, Claremont Neighborhood Centers Inc aims to support the local community, enabling families to maintain their livelihoods while ensuring their children receive adequate care and attention. This mission reflects the organization's dedication to improving the lives of individuals within the Claremont community, fostering a sense of togetherness and support.
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Impact
October, 2024
Claremont Neighborhood Centers Inc significantly enhances the quality of life for individuals in the Claremont community of the Bronx, NY, by offering vital social and recreational services. One of its key contributions is providing affordable, quality child care to 105 working families, enabling parents to pursue employment while ensuring their children receive a safe and nurturing environment. This support fosters a sense of community and stability, helping families thrive in a challenging urban landscape. By addressing the needs of the local population and promoting social engagement, Claremont Neighborhood Centers Inc plays a crucial role in strengthening community ties and improving overall well-being in the area.
This information is meant to be a general summary of Claremont Neighborhood Centers 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.
- Program Service Revenue: $136,674
- Gross Receipts: $3,112,060
Assets and Liabilities:
- Total Assets: $407,840
- Total Liabilities: $351,145
- Net Assets: $56,695
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Parent fees
Revenue
$99,661
Organization Details
Founding Year
1956
Phone
(718) 588-1000Principal Officer
Abraham Jones
Main Address
489 East 169th Street, Bronx, NY, 10456
Website
www.claremontcenter.orgNTEE Category
Code: P28Z - Human services
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