Overview
What is Commission On Economic Opportunity For The Greater Capital Region Inc?
The Commission on Economic Opportunity for the Greater Capital Region Inc, based in Troy, New York, is a nonprofit organization that delivers a comprehensive range of services to empower individuals and families towards self-sufficiency and poverty alleviation. With approximately 600 income-eligible children served through their Early Childhood Programs in Rensselaer County during Fiscal 2023, CEO leads, guides, and supports various initiatives to address social, emotional, economic, and educational needs within the community. As an umbrella agency, CEO fosters collaborative partnerships with individuals, families, and the larger community to enhance the overall quality of life for all community members. The organization employs 244 individuals in its mission to provide essential services and resources for the greater capital region.
Official website here: www.ceoempowers.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Commission On Economic Opportunity For The Greater Capital Region Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score of 100% in areas such as independent board membership and financial oversight, this nonprofit demonstrates a commitment to transparency and effective governance.
Organizational strengths include an independent board composed entirely of 17 members, a robust audit committee, and comprehensive policies in place for conflict of interest and whistleblowing. The organization also shows a high program expense ratio of 86.61%, indicating that a significant portion of its budget is directed toward its mission rather than administrative costs.
While the data highlights numerous strengths, the focus remains solely on accountability and finance, not providing insights into program effectiveness or impact. Nonetheless, the high rating suggests that donors can have confidence in the organization’s financial health and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Commission On Economic Opportunity For The Greater Capital Region Inc legitimate?
Commission On Economic Opportunity For The Greater Capital Region Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commission On Economic Opportunity For The Greater Capital Region 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: $517,588
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,030,630
For more financial information, click here
Official website here: www.ceoempowers.org
What is the mission statement of Commission On Economic Opportunity For The Greater Capital Region Inc?
The Commission on Economic Opportunity for the Greater Capital Region Inc is an umbrella agency that takes a leading role in delivering a comprehensive range of services. Their mission is to empower individuals and families to attain self-sufficiency in all aspects of life and rise above poverty. Through partnerships with individuals, families, and the community, CEO aims to enhance the quality of life for all community members by addressing their social, emotional, economic, and educational needs. The programs at CEO are designed to promote self-sufficiency and improve overall well-being.
Official website here: www.ceoempowers.org
Who is the CEO of Commission On Economic Opportunity For The Greater Capital Region Inc?
Suzanne Rosa is the Member of Commission On Economic Opportunity For The Greater Capital Region Inc.
Official website here: www.ceoempowers.org
What is the revenue of Commission On Economic Opportunity For The Greater Capital Region Inc?
Commission On Economic Opportunity For The Greater Capital Region Inc's revenue in 2023 was $17,072,435.
Official website here: www.ceoempowers.org
Who are the executives of Commission On Economic Opportunity For The Greater Capital Region Inc and what are their salaries?
The average compensation at Commission On Economic Opportunity For The Greater Capital Region Inc during 2023 was $30,935. There are 244 employees at Commission On Economic Opportunity For The Greater Capital Region Inc.
Here are 20 key members and their salaries:
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- Compensation: $154,852
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- Other: $19,500
Official website here: www.ceoempowers.org
Where can I find the form 990 for Commission On Economic Opportunity For The Greater Capital Region Inc?
Commission On Economic Opportunity For The Greater Capital Region Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ceoempowers.org
Learn more at the official website: www.ceoempowers.org
Mission Statement of Commission On Economic Opportunity For The Greater Capital Region Inc
The Commission on Economic Opportunity for the Greater Capital Region Inc, a leading nonprofit organization, is committed to providing overall leadership, policy guidance, and support to deliver a wide range of services aimed at empowering individuals and families to build self-sufficiency and rise out of poverty. The Commission works in partnership with the individuals, families, and the larger community to enhance the quality of life for all community members by addressing their social, emotional, economic, and educational needs.
The Commission on Economic Opportunity for the Greater Capital Region Inc serves as an umbrella agency, offering essential resources and guidance to successfully implement various programs. These programs are designed to empower individuals and families, enabling them to improve their living standards and break the cycle of poverty. By working together with the individuals, families, and the community, the Commission strives to create a positive impact on people's lives and promote a self-sufficient society.
The Commission on Economic Opportunity for the Greater Capital Region Inc is dedicated to improving the lives of people by addressing their social, emotional, economic, and educational needs. Its mission is to provide the necessary support, leadership, and policy guidance to effectively deliver a diverse range of services, ultimately leading to self-sufficiency and an enhanced quality of life for individuals and families in the community.
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Impact
October, 2024
The Commission On Economic Opportunity For The Greater Capital Region Inc. (CEO) plays a crucial role in fostering self-sufficiency and improving the quality of life within its community. By offering a range of services, CEO empowers individuals and families to rise out of poverty and achieve greater stability across all facets of life.
One significant aspect of CEO's impact is its early childhood programs, including Head Start and Early Head Start, which cater to income-eligible families in Rensselaer County. During fiscal 2023, approximately 600 children benefited from these programs, highlighting CEO's commitment to early education and development.
Through its comprehensive approach, CEO addresses the social, emotional, economic, and educational needs of the community. By partnering with individuals and families, CEO helps to build a supportive environment that enhances overall community well-being and fosters resilience among its members. This multifaceted impact is essential for driving long-term changes and uplifting the entire region.
This information is meant to be a general summary of Commission On Economic Opportunity For The Greater Capital Region 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 2023.
- Investment Income: $797
- Program Service Revenue: $16,625,116
- Gross Receipts: $17,079,339
Assets and Liabilities:
- Total Assets: $20,561,589
- Total Liabilities: $2,052,840
- Net Assets: $18,508,749
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$16,625,116
Organization Details
Founding Year
1965
Phone
(518) 272-6012Principal Officer
Suzanne Rosa
Main Address
2331 FIFTH AVENUE, TROY, NY, 12180
Website
www.ceoempowers.orgNTEE Category
Code: S200 - Community improvement
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