Overview
What is Community Workshop Resources Corp?
Community Workshop Resources Corp is a property-holding organization based in Glens Falls, New York, with a postal address at 16 Pearl Street, PO Box 303. Its primary mission is to support Community, Work, and Independence, Inc., a non-profit organization. This support comes in the form of purchasing, improving, and replacing properties that are primarily leased to Community, Work, and Independence, Inc. This arrangement allows the main organization to focus on its primary objectives, which may include providing resources and opportunities for community development, work skills training, and promoting independence. The exact services offered by Community, Work, and Independence, Inc. are not detailed in the provided information, but it is clear that Community Workshop Resources Corp plays a crucial role in enabling their operations.
What are the reviews and ratings of this charity?
Charity Navigator rating: 94% (Four-Star out of Four Star rating)
Community Workshop Resources Corp has achieved a strong 94% score, reflecting its high standards in accountability and finance. This rating is primarily based on the charity's effective management and oversight practices, which include a completely independent board and robust financial policies. The organization received top marks for its fiscal responsibility, with a program expense ratio of 92.27%, indicating that a significant majority of its funds are directed towards its programs.
The charity has implemented several governance policies, such as conflict of interest and whistleblower policies, which contribute to its transparent operational practices. Its financial health is further underscored by a favorable liabilities-to-assets ratio of 41.42%, suggesting a solid financial footing with manageable debt levels. The presence of an audit and oversight committee also enhances trust in its financial reporting and operational integrity.
While the organization has demonstrated exceptional performance in its accountability and finance, there is no detailed information available regarding its programmatic impact or outreach efforts. This area, while not reflected in the financial rating, is important for assessing the overall effectiveness of the nonprofit's mission in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Community Workshop Resources Corp legitimate?
Community Workshop Resources Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Workshop Resources Corp 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
For more financial information, click here
What is the mission statement of Community Workshop Resources Corp?
Community Workshop Resources Corp serves as a property holding company, primarily leasing properties for the use of Community, Work, and Independence, Inc., a not-for-profit organization. Its primary mission is to provide and manage properties for this organization, enabling them to carry out their mission of promoting community work and independence for individuals. The corporation's activities primarily involve the purchase, improvement, and replacement of properties, which are then leased to Community, Work, and Independence, Inc. This arrangement allows the not-for-profit organization to focus on its core goals without having to manage property-related tasks.
Who is the CEO of Community Workshop Resources Corp?
Malcolm O'Hara is the President of Community Workshop Resources Corp.
What is the revenue of Community Workshop Resources Corp?
Community Workshop Resources Corp's revenue in 2022 was $867,955.
Who are the executives of Community Workshop Resources Corp and what are their salaries?
There 4 volunteers at Community Workshop Resources Corp.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Community Workshop Resources Corp?
Community Workshop Resources Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Workshop Resources Corp
Community Workshop Resources Corp serves as a property holding company, primarily for Community, Work, and Independence, Inc., a not-for-profit organization. Its primary mission is to procure, enhance, and replace properties, primarily leasing them out to its affiliated nonprofit. By doing so, Community Workshop Resources Corp plays a crucial role in supporting the mission of Community, Work, and Independence, Inc., which focuses on promoting community, work, and independence for various individuals. This property management function allows the affiliated nonprofit to effectively carry out its activities without having to manage the property aspect themselves.
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Impact
October, 2024
Community Workshop Resources Corp plays a crucial role in enhancing the quality of community services and support systems by facilitating the acquisition and maintenance of essential properties. By focusing on property purchases, improvements, and replacements, the organization ensures that vital spaces are available for Community, Work, and Independence, Inc., which provides services that foster independence and enrichment for individuals in the community.
Located in Glens Falls, NY, the organization directly contributes to community improvement by supporting initiatives that promote inclusivity and self-sufficiency. Its efforts enable the creation and sustainment of environments where individuals can thrive, thus impacting the community positively by embodying the principles of support and development. The strategic leasing of properties allows for the seamless operation of programs dedicated to empowering individuals, facilitating personal growth, and enhancing overall community welfare.
This information is meant to be a general summary of Community Workshop Resources Corp. 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: $11,359
- Program Service Revenue: $833,348
- Gross Receipts: $905,968
Assets and Liabilities:
- Total Assets: $4,987,315
- Total Liabilities: $2,065,925
- Net Assets: $2,921,390
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUILDING RENTAL
Revenue
$833,348
Organization Details
Founding Year
1980
Phone
(518) 745-8084Principal Officer
Malcolm O'Hara
Main Address
16 PEARL STREET PO BOX 303, GLENS FALLS, NY, 12801
NTEE Category
Code: S50Z - Community improvement
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