Overview
What is Economic Opportunity Program Inc Of Chemung County?
Economic Opportunity Program Inc of Chemung County is a nonprofit organization situated in Elmira, New York. With a workforce of 160 individuals, their primary mission is to foster positive change in individuals, families, and their community. They achieve this by developing high-quality child care options and after-school programs, providing food assistance for children and adults, and administering and delivering the Head Start programs. The organization's activities aim to encourage participation from all community members, envisioning a future where everyone lives with dignity and has the opportunity to lead economically productive and satisfying lives.
Official website here: www.cseop.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Economic Opportunity Program Inc Of Chemung County has received an overall rating of 85%, reflecting a solid performance in accountability and finance. This rating indicates that the organization is committed to transparency and effective financial management, with a strong emphasis on independent governance, as evidenced by its fully independent board of 16 members.
The charity has demonstrated robust fiscal practices, including a high program expense ratio of 85.51%, ensuring that a significant portion of its resources is directed toward its mission-driven activities. Additionally, it has implemented several important policies, such as conflict of interest and whistleblower protections, which contribute to its organizational integrity.
However, the organization does have a liabilities to assets ratio of 64.98%, which suggests that it has a considerable amount of liabilities compared to its assets. While this is not uncommon for nonprofits, it may warrant further scrutiny regarding its long-term financial sustainability. Overall, the organization appears to be well-managed, with strong governance and a commitment to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Economic Opportunity Program Inc Of Chemung County legitimate?
Economic Opportunity Program Inc Of Chemung County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Economic Opportunity Program Inc Of Chemung County 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: $234,416
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,213,890
For more financial information, click here
Official website here: www.cseop.org
What is the mission statement of Economic Opportunity Program Inc Of Chemung County?
The Economic Opportunity Program Inc of Chemung County's mission is to deliver services that bring about positive change for individuals and families within their community. Their objective is to encourage and facilitate participation from all individuals who can help in creating a future where everyone lives with dignity and has the opportunity and ability to lead economically productive and satisfying lives.
Specifically, the program provides quality child care options and after-school care programs, offers food programs, and administers and delivers the Head Start programs. Their services aim to improve the lives of children and adults in their community.
Official website here: www.cseop.org
Who is the CEO of Economic Opportunity Program Inc Of Chemung County?
Andrea Ogunwumi is the CEO of Economic Opportunity Program Inc Of Chemung County The CEO's salary of Economic Opportunity Program Inc Of Chemung County is $109,169 and their total compensation is $124,564.
Official website here: www.cseop.org
What is the revenue of Economic Opportunity Program Inc Of Chemung County?
Economic Opportunity Program Inc Of Chemung County's revenue in 2024 was $7,675,322.
Official website here: www.cseop.org
Who are the executives of Economic Opportunity Program Inc Of Chemung County and what are their salaries?
The average compensation at Economic Opportunity Program Inc Of Chemung County during 2024 was $27,629. There are 161 employees and 255 volunteers at Economic Opportunity Program Inc Of Chemung County.
Here are 17 key members and their salaries (Economic Opportunity Program Inc Of Chemung County's CEO's salary is $109,169 and their total compensation is $124,564):
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- Compensation: $109,169
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- Compensation: $84,453
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- Other: $10,994
Official website here: www.cseop.org
Where can I find the form 990 for Economic Opportunity Program Inc Of Chemung County?
Economic Opportunity Program Inc Of Chemung County's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cseop.org
Learn more at the official website: www.cseop.org
Mission Statement of Economic Opportunity Program Inc Of Chemung County
Economic Opportunity Program Inc. of Chemung County is committed to making a positive impact in individuals' and families' lives, as well as the community at large. Their mission, in essence, is to foster an environment where all community members can live with dignity and have the opportunity to lead economically productive and fulfilling lives. To achieve this goal, the organization encourages and facilitates the participation of individuals who can contribute to this vision.
By providing services, Economic Opportunity Program Inc. aims to bring about change in the lives of its clients. One of their key areas of focus is child care. They strive to develop quality child care options and after-school care programs, ensuring that children receive proper nutrition and education. Moreover, they administer and deliver Head Start programs, which are crucial in providing early childhood education and supporting families in need. By doing so, Economic Opportunity Program Inc. of Chemung County contributes to creating a future where every individual has the opportunity to thrive economically.
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Impact
October, 2024
Economic Opportunity Program Inc of Chemung County actively fosters positive change for individuals, families, and the larger community in Elmira, NY. By developing quality child care options and after-school care programs, the organization ensures that children receive not only care but also nutritious meals through adult food programs. Furthermore, it administers the Head Start programs, which play a vital role in preparing young children for school and supporting low-income families.
The organization's mission promotes dignity and economic productivity, striving to empower community members to engage actively in creating a supportive environment. This comprehensive approach not only addresses immediate needs, such as child care and nutrition, but also encourages community involvement, enhancing overall quality of life and economic stability for residents. Ultimately, Economic Opportunity Program Inc makes a tangible impact by uplifting individuals and fostering a community where everyone has the opportunity to thrive.
This information is meant to be a general summary of Economic Opportunity Program Inc Of Chemung County. 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: $34
- Program Service Revenue: $430,019
- Gross Receipts: $7,675,322
Assets and Liabilities:
- Total Assets: $2,992,625
- Total Liabilities: $2,201,893
- Net Assets: $790,732
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$347,974
OTHER GRANTS
Revenue
$82,045
Organization Details
Founding Year
1965
Principal Officer
Andrea Ogunwumi
Website
www.cseop.orgNTEE Category
Code: P200 - Human services
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