Overview
What is Credo Community Center Foundation Inc?
Credo Community Center Foundation Inc is a nonprofit organization situated in Watertown, New York, with the primary mission of raising funds and acquiring property and equipment for the benefit of Credo Community Center for the Treatment of Addictions, Inc. Their primary objective is to support this center, which focuses on addressing addiction issues. The foundation does not provide direct services but instead works to secure the necessary resources to ensure the center's operations and growth. The foundation's location is 595 West Main Street, Watertown, NY 13601.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Credo Community Center Foundation Inc has received a high rating of 94% from Charity Navigator, indicating strong accountability and financial health. This Four-Star rating reflects the organization’s commitment to transparency and effective management, as evidenced by a perfect score for having 100% independent board members and a robust conflict of interest policy. The organization excels in its financial practices, boasting a low liabilities to assets ratio of 11.56% and a program expense ratio of nearly 70%, which signifies that a substantial portion of its funds is allocated toward its programs.
The foundation's governance practices are notable, with comprehensive policies in place for whistleblowing and document retention, further ensuring ethical operations. The inclusion of detailed board meeting minutes adds to the transparency of its activities. Such high standards in leadership and oversight contribute to the organization’s reputation as a responsible nonprofit.
While the data does not indicate any significant limitations, it is important for potential donors and supporters to continue monitoring the organization's performance and impact. Overall, the Credo Community Center Foundation Inc stands out for its effective use of resources and dedication to accountability in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Credo Community Center Foundation Inc legitimate?
Credo Community Center Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Credo Community Center Foundation 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.
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What is the mission statement of Credo Community Center Foundation Inc?
The Credo Community Center Foundation Inc's mission is centered around raising funds and acquiring property and equipment. This is done with the intent to support the Credo Community Center for the Treatment of Addictions Inc., an organization dedicated to helping individuals overcome addiction challenges. By raising funds, the foundation aims to provide the necessary resources for the center's operation and growth, ensuring it can continue to offer its services effectively.
Who is the CEO of Credo Community Center Foundation Inc?
Terry Williams is the Treasurer of Credo Community Center Foundation Inc.
What is the revenue of Credo Community Center Foundation Inc?
Credo Community Center Foundation Inc's revenue in 2022 was $84,784.
Who are the executives of Credo Community Center Foundation Inc and what are their salaries?
There 30 volunteers at Credo Community Center Foundation Inc.
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Where can I find the form 990 for Credo Community Center Foundation Inc?
Credo Community Center Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Credo Community Center Foundation Inc
Credo Community Center Foundation Inc, a nonprofit organization, is committed to raising funds and acquiring property and equipment for the benefit of Credo Community Center for the Treatment of Addictions, Inc. Their mission is centered around providing essential resources to support the center's work in addressing addictions. By raising funds, the foundation aims to enhance the center's capabilities and ensure it has the necessary equipment to provide effective treatment services. This mission is crucial in the fight against addiction, as it enables the center to continue its mission of providing support and care to those in need. By holding and acquiring property, the foundation aims to secure a stable base for the center, ensuring it has a physical space to operate from and provide its services. Overall, the mission of Credo Community Center Foundation Inc is to support the Credo Community Center for the Treatment of Addictions, Inc. in its efforts to provide treatment and support to individuals struggling with addiction.
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Impact
October, 2024
Credo Community Center Foundation Inc plays a vital role in supporting individuals battling addiction by raising funds and acquiring necessary resources. Their efforts enhance the capabilities of the Credo Community Center for the Treatment of Addictions in Watertown, NY, ensuring that quality treatment and support services are available to those in need. By providing financial backing and facilitating the procurement of property and equipment, the foundation directly impacts the lives of many, fostering a supportive environment for recovery and rehabilitation. Their commitment to philanthropy contributes to a healthier community and offers hope for a brighter future for individuals and families affected by addiction.
This information is meant to be a general summary of Credo Community Center Foundation 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: $24,867
- Gross Receipts: $589,993
Assets and Liabilities:
- Total Assets: $1,236,324
- Total Liabilities: $142,950
- Net Assets: $1,093,374
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Organization Details
Founding Year
2000
Phone
(315) 782-3476Principal Officer
Terry Williams
Main Address
595 WEST MAIN STREET, WATERTOWN, NY, 13601
NTEE Category
Code: T70 - Philanthropy
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