Overview
What is Robert M Cerullo Foundation A Nj Nonprofit Corporation?
The Robert M Cerullo Foundation A NJ Nonprofit Corporation, located at 597 Old Stage Road, East Brunswick, New Jersey, is a charitable organization that focuses on providing financial assistance for individuals struggling with drug, substance, and alcohol dependency. Established for this specific purpose, the foundation organizes fundraising events, such as golf outings, to gather resources for this cause. Their mission is to support those in need of treatment and counseling, aiming to help them on their path to recovery.
Official website here: www.rmcfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Robert M Cerullo Foundation has received a score of 76%, reflecting a strong emphasis on accountability and finance. This rating is based entirely on the charity's ability to maintain transparency and sound financial practices, earning full marks in several areas such as having a majority independent board and a zero material diversion of assets. With a program expense ratio of 95.54%, the foundation directs a significant portion of its funds toward its mission.
Despite these strengths, there are notable limitations in the charity's operational policies. The foundation lacks critical governance documents, such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could affect its overall governance framework. These missing elements may pose risks to the organization’s accountability in certain situations.
Overall, while the Robert M Cerullo Foundation demonstrates solid financial health and operational transparency, the absence of some governance practices may require attention for improved oversight. The organization stands out for its financial prudence, but enhancing its policy framework could further strengthen its credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Robert M Cerullo Foundation A Nj Nonprofit Corporation legitimate?
Robert M Cerullo Foundation A Nj Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robert M Cerullo Foundation A Nj Nonprofit Corporation 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: $0
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Official website here: www.rmcfoundation.org
What is the mission statement of Robert M Cerullo Foundation A Nj Nonprofit Corporation?
The Robert M Cerullo Foundation is a non-profit organization established to provide financial aid for individuals seeking treatment and counseling for drug, substance, and alcohol dependency issues. The foundation's mission is geared towards offering financial support to those in need, aiming to help them overcome their struggles with addiction. To raise funds for this cause, the foundation organizes events such as golf outings, with the proceeds going towards providing counseling assistance for those battling substance abuse.
Official website here: www.rmcfoundation.org
Who is the CEO of Robert M Cerullo Foundation A Nj Nonprofit Corporation?
Robert J Cerullo is the Secretary of Robert M Cerullo Foundation A Nj Nonprofit Corporation.
Official website here: www.rmcfoundation.org
What is the revenue of Robert M Cerullo Foundation A Nj Nonprofit Corporation?
Robert M Cerullo Foundation A Nj Nonprofit Corporation's revenue in 2022 was $19,824.
Official website here: www.rmcfoundation.org
Who are the executives of Robert M Cerullo Foundation A Nj Nonprofit Corporation and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.rmcfoundation.org
Where can I find the form 990 for Robert M Cerullo Foundation A Nj Nonprofit Corporation?
Robert M Cerullo Foundation A Nj Nonprofit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rmcfoundation.org
Learn more at the official website: www.rmcfoundation.org
Mission Statement of Robert M Cerullo Foundation A Nj Nonprofit Corporation
The Robert M. Cerullo Foundation, a nonprofit organization, was established with a mission to extend financial aid to individuals battling drug, substance, and alcohol dependency. This foundation is dedicated to providing treatment and counseling services for those in need. Through various initiatives, the foundation aims to support individuals on their journey towards recovery. One of their primary methods for raising funds is by organizing a golf outing, the proceeds of which are allocated towards providing drug, substance, and alcohol abuse counseling assistance.
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Impact
June, 2024
The Robert M Cerullo Foundation provides crucial financial support to individuals in need of drug, substance, and alcohol dependency treatment and counseling. Through initiatives like their annual golf outing fundraiser, the foundation raises funds to ensure those struggling with addiction have access to necessary counseling and support services. Their mission to aid individuals in overcoming substance abuse demonstrates a commitment to promoting mental health and overall well-being in the community.
This information is meant to be a general summary of Robert M Cerullo Foundation A Nj Nonprofit Corporation. 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: $24
- Gross Receipts: $19,824
Assets and Liabilities:
- Total Assets: $253,504
- Total Liabilities: $0
- Net Assets: $253,504
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Organization Details
Founding Year
2006
Phone
(732) 266-6510Principal Officer
Robert J Cerullo
Main Address
597 OLD STAGE ROAD, EAST BRUNSWICK, NJ, 088165421
Website
www.rmcfoundation.orgNTEE Category
Code: F20 - Mental health
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