Overview
What is Cox Employee Relief Fund Inc?
Cox Employee Relief Fund Inc is a nonprofit organization that is committed to aiding individuals impacted by emergencies. Its primary goal is to extend support beyond addressing a single crisis event. The fund's mission is to alleviate the hardships faced by victims of emergencies, demonstrating a deep-rooted dedication to assisting those in need. The organization does this by organizing relief efforts and providing resources to help individuals recover from various emergencies.
Official website here: www.coxrelief.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars
Cox Employee Relief Fund Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting a score of 73%. This indicates that while the organization maintains a strong program expense ratio of nearly 89%, suggesting efficient use of funds for its intended purpose, it has significant governance concerns, particularly with its board composition, which lacks independent members.
While the nonprofit's financial statements are well-audited and it has policies in place regarding conflict of interest, critical components such as a whistleblower policy and document retention policy are missing. Additionally, the absence of independent board members raises questions about oversight and accountability, essential factors in nonprofit governance.
The organization does demonstrate some strengths, including no instances of material diversion of assets and a favorable liabilities to assets ratio. However, the lack of transparency regarding its tax form posting on the website further highlights areas needing improvement. Overall, stakeholders should be aware of these governance issues while recognizing the organization’s commitment to using funds effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Cox Employee Relief Fund Inc legitimate?
Cox Employee Relief Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cox Employee Relief Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $167,479
For more financial information, click here
Official website here: www.coxrelief.com
What is the mission statement of Cox Employee Relief Fund Inc?
The Cox Employee Relief Fund, as an organization, has a mission to offer assistance to individuals affected by emergency situations. Going beyond responding to a singular disaster, its fundamental purpose is to support those in need. The fund aims to provide relief to victims of such events, demonstrating a commitment to helping those in times of distress.
Official website here: www.coxrelief.com
Who is the CEO of Cox Employee Relief Fund Inc?
Charles Odom is the Project Manager of Cox Employee Relief Fund Inc.
Official website here: www.coxrelief.com
What is the revenue of Cox Employee Relief Fund Inc?
Cox Employee Relief Fund Inc's revenue in 2022 was $1,368,617.
Official website here: www.coxrelief.com
Who are the executives of Cox Employee Relief Fund Inc and what are their salaries?
Here are 13 key members and their salaries:
- Compensation: $112,625
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- Other: $8,687
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Official website here: www.coxrelief.com
Where can I find the form 990 for Cox Employee Relief Fund Inc?
Cox Employee Relief Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coxrelief.com
Learn more at the official website: www.coxrelief.com
Mission Statement of Cox Employee Relief Fund Inc
Cox Employee Relief Fund Inc is dedicated to providing aid to individuals affected by emergency situations. Their fundamental purpose extends beyond responding to a single disaster, showing a commitment to supporting those in need in the long term. The organization's mission is to offer relief to victims of emergency events, demonstrating a compassionate and proactive approach towards assisting communities in crisis.
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Impact
October, 2024
Cox Employee Relief Fund Inc plays a vital role in the community by providing crucial assistance to individuals affected by emergency events. The organization focuses on offering relief to victims, ensuring that those impacted by disasters receive the necessary support to recover and rebuild their lives. Beyond responding to specific emergencies, its overarching mission is to extend help to those in need, fostering resilience and stability within the affected communities. By prioritizing human services, the fund addresses immediate challenges while promoting long-term recovery, demonstrating a commitment to uplifting individuals and families in their times of greatest need.
This information is meant to be a general summary of Cox Employee Relief Fund 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.
- Investment Income: $307,812
- Gross Receipts: $4,192,682
Assets and Liabilities:
- Total Assets: $15,583,304
- Total Liabilities: $113,810
- Net Assets: $15,469,494
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Organization Details
Founding Year
2005
Phone
(678) 645-0000Principal Officer
Charles Odom
Main Address
6205 PEACHTREE DUNWOODY ROAD, ATLANTA, GA, 30328
Website
www.coxrelief.comNTEE Category
Code: P60 - Human services
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