Overview
What is Community Financial Resources?
Community Financial Resources, based in Oakland, California, is a nonprofit organization dedicated to empowering both non-profit organizations and their low-income constituents. Through extensive research, education, and technical assistance, they aim to enhance financial literacy, money management skills, and the effective use of low-cost financial products and services. Their mission encompasses providing program development support, ensuring that these organizations can better serve their communities. With a team of six dedicated individuals, Community Financial Resources plays a crucial role in fostering financial stability and independence for underserved populations.
Official website here: www.communityfinancialresources.net
Is Community Financial Resources legitimate?
Community Financial Resources is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Financial Resources 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.
Here are some key statistics you may want to consider:
Executive Compensation: $117,778
Professional Fundraising Fees: $20,430
Other Salaries and Wages: $279,731
For more financial information, click here
What is the mission statement of Community Financial Resources?
Community Financial Resources is committed to supporting non-profit organizations and their low-income constituents by conducting research, offering education, and providing technical assistance. The focus is on improving financial literacy, money management skills, and enhancing the ability to utilize and effectively access affordable financial products and services. This organization aims to empower these communities, contributing to their financial well-being and stability.
Official website here: www.communityfinancialresources.net
Who is the CEO of Community Financial Resources?
David Derryck is the President of Community Financial Resources.
Official website here: www.communityfinancialresources.net
What is the revenue of Community Financial Resources?
Community Financial Resources's revenue in 2022 was $1,083,185.
Official website here: www.communityfinancialresources.net
Who are the executives of Community Financial Resources and what are their salaries?
The average compensation at Community Financial Resources during 2022 was $66,252. There are 6 employees and 6 volunteers at Community Financial Resources.
Here are 6 key members and their salaries:
- Parisa Esmaili (Executive Dir.) [Trustee/Director]
- David Derryck (President) [Trustee/Director]
- Pat Krackov (Secretary) [Trustee/Director]
- Kendall Baker (Pres/Treasurer) [Trustee/Director]
- Suwandi Tandjung (Director)
- Lauren Leimbach (Director)
Official website here: www.communityfinancialresources.net
Where can I find the form 990 for Community Financial Resources?
The Community Financial Resources’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.communityfinancialresources.net
Learn more at the official website: www.communityfinancialresources.net
Mission Statement of Community Financial Resources
Community Financial Resources, a non-profit organization, is dedicated to conducting research, delivering education, and facilitating program development and technical assistance for both non-profit entities and their low-income constituents. The primary focus of their mission is to enhance financial literacy, money management skills, and the effective utilization of affordable financial products and services among these groups. By providing this assistance, Community Financial Resources aims to empower non-profits and their low-income clients, enabling them to make informed financial decisions and improve their financial well-being.
Impact
This information is meant to be a general summary of Community Financial Resources. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Community Financial Resources has a significant impact on empowering non-profit organizations and low-income individuals in Oakland, CA, to improve their financial literacy, money management skills, and access to low-cost financial products and services. Through research, education, program development, and technical assistance, CFR is equipping its constituents with the knowledge and resources needed to make informed financial decisions and build a more secure financial future. By focusing on public benefit, CFR plays a crucial role in promoting financial stability and economic empowerment within the community.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Fees
Revenue
$338,812
Organization Details
Founding Year
2005
Phone
(917) 601-1377
Principal Officer
David Derryck
Main Address
248 3rd St Suite 901-1007, Oakland, CA, 94607
NTEE Category
Code: W05 - Public benefit
If you are a representative of Community Financial Resources and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.