Overview
What is The Crenulated Company Ltd?
The Crenulated Company Ltd, situated in New York City, is a nonprofit organization that plays a significant role in the community. It operates various social service programs and community initiatives through its affiliated organization that manages a community center. The company is actively engaged in supporting related entities that provide affordable housing for low and moderate-income families. Additionally, The Crenulated Company Ltd offers opportunities for organized civic engagement, adult education classes, and a range of youth development programs, focusing on educational achievement, community service, leadership development, recreational outdoor adventures, and the arts. Collaborating with educational institutions, housing and community development organizations, businesses, youth development, and social service agencies, both locally and nationally, the company extends its reach beyond the Bronx, enhancing the overall well-being of its community.
Official website here: www.settlementhousingfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Crenulated Company Ltd has achieved a commendable overall score of 82%, indicating strong performance in key areas of accountability and community involvement. Its notable strengths include a high Culture & Community score of 98 and perfect scores in Leadership & Adaptability, which reflect a robust governance structure and engagement with stakeholders. The charity also excels in its financial practices, with a program expense ratio of 86.01% showing that a significant portion of its resources is dedicated to its programs.
However, there are areas for improvement, particularly in the Liabilities to Assets ratio, which scored only 2 out of 15 points, suggesting potential financial stability concerns. The charity's Impact & Measurement score of 73 indicates that while it is making strides, there is room to enhance the effectiveness of its programs and evaluate their impact more comprehensively.
The organization has set strategic goals to expand its college and career readiness initiatives and improve health and wellness programming, demonstrating a commitment to address community needs. Overall, while The Crenulated Company Ltd shows strong governance and community engagement, it should focus on enhancing its financial ratios and impact evaluation to further improve its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Crenulated Company Ltd legitimate?
The Crenulated Company Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Crenulated Company Ltd 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: $5,302,803
For more financial information, click here
Official website here: www.settlementhousingfund.org
What is the mission statement of The Crenulated Company Ltd?
The Crenulated Company Ltd, through its affiliated organization, offers various social service programs and community initiatives. Their primary mission is to provide organized civic engagement opportunities and a wide range of youth development programs, focusing on educational achievements, community service, leadership development, recreational outdoor adventures, and arts. This is achieved through a related entity that owns a community center in an unspecified location. Additionally, the organization supports affordable housing projects by funding and managing housing projects for low and moderate income families.
Official website here: www.settlementhousingfund.org
Who is the CEO of The Crenulated Company Ltd?
Alexa Sewell is the Vice President of The Crenulated Company Ltd.
Official website here: www.settlementhousingfund.org
What is the revenue of The Crenulated Company Ltd?
The Crenulated Company Ltd's revenue in 2022 was $10,442,755.
Official website here: www.settlementhousingfund.org
Who are the executives of The Crenulated Company Ltd and what are their salaries?
The average compensation at The Crenulated Company Ltd during 2022 was $18,606. There are 285 employees and 10 volunteers at The Crenulated Company Ltd.
Here are 14 key members and their salaries:
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- Related: $267,375
- Other: $36,268
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- Related: $186,331
- Other: $0
- Compensation: $125,459
- Related: $0
- Other: $16,951
- Compensation: $105,567
- Related: $0
- Other: $16,408
Official website here: www.settlementhousingfund.org
Where can I find the form 990 for The Crenulated Company Ltd?
The Crenulated Company Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.settlementhousingfund.org
Learn more at the official website: www.settlementhousingfund.org
Mission Statement of The Crenulated Company Ltd
The Crenulated Company Ltd, through its affiliated organization, operates a community center and provides various social service programs and community initiatives. Its primary mission is to support related entities that manage affordable housing for low and moderate-income families. Beyond this, The Crenulated Company Ltd offers opportunities for civic engagement, adult education classes, and a wide range of youth development programs. These programs focus on educational achievement, community service, leadership development, recreational outdoor adventures, and the arts. All these initiatives aim to enrich the lives of its residents and the broader community. The organization also supports affordable housing projects through its owned and operated entities, ensuring that a diverse range of families have access to affordable living options.
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Impact
October, 2024
The Crenulated Company Ltd has a significant impact on its community through a variety of social service and educational programs that benefit low to moderate-income families. By owning and managing a community center in the Bronx, it serves as a vital hub for organized civic engagement, offering adult education classes, youth development programs, and recreational activities.
Key initiatives like the College Access Center and the Parents Action Committee provide essential resources to local youth and families, helping them navigate educational pathways and community challenges. The organization collaborates with educational institutions, housing and community development organizations, businesses, youth development, and social service agencies, thereby creating a robust network of support that extends from the neighborhood to citywide and even nationwide efforts.
Additionally, The Crenulated Company Ltd plays a crucial role in supporting affordable housing projects, ensuring that families have access to safe and affordable living conditions. Through its diverse programming and commitment to community engagement, it fosters educational achievement, leadership development, and cultural enrichment, making a lasting impact on the lives of many residents in New York City.
This information is meant to be a general summary of The Crenulated Company Ltd. 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: $32,165
- Program Service Revenue: $225,250
- Gross Receipts: $10,442,755
Assets and Liabilities:
- Total Assets: $9,182,171
- Total Liabilities: $5,566,104
- Net Assets: $3,616,067
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL SERVICES FEE
Revenue
$177,250
COMMUNITY SERVICE PROGRAM
Revenue
$48,000
Organization Details
Founding Year
1989
Phone
(212) 265-6530Principal Officer
Alexa Sewell
Main Address
247 W 37TH STREET 4TH FL, NEW YORK, NY, 10018
NTEE Category
Code: L99 - Housing
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