Overview
What is Communities First Initiative Inc?
Communities First Initiative Inc, based in Lawrenceville, New Jersey, is a dedicated nonprofit organization. Their primary mission is to foster growth and support in low-income areas across New Jersey. They achieve this by securing contributions and funding. Through these resources, they aim to promote and develop various aspects of these communities, ultimately contributing to their overall improvement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning a Two-Star out of Four Star rating
Communities First Initiative Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial management. The organization scored well in certain areas such as having an independent board and a favorable liabilities to assets ratio, suggesting a level of oversight and financial stability. However, it faced significant shortcomings in the areas of financial statements, website transparency, and governance policies, which are critical for building trust with donors and stakeholders.
The lack of an independent board size, limited financial documentation, and absence of policies like conflict of interest and whistleblower protections raised red flags about the organization's operational practices. These factors contributed to a low score in accountability and finance, highlighting potential issues with transparency and regulatory compliance that could impact donor confidence.
Despite its strengths in certain financial ratios, the overall performance suggests that Communities First Initiative Inc needs to improve its governance and financial reporting practices to enhance its credibility and effectiveness. Addressing these limitations could help the organization build a stronger foundation for its programs and foster greater trust among its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Communities First Initiative Inc legitimate?
Communities First Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Communities First Initiative 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: $0
For more financial information, click here
What is the mission statement of Communities First Initiative Inc?
The Communities First Initiative Inc. is dedicated to advocating and facilitating support for low-income communities across New Jersey. This is achieved through the provision of contributions and funding. The organization's mission is to foster development and improvement in these underserved areas, aiming to alleviate the challenges they face. By contributing financially, Communities First Initiative Inc. seeks to contribute to the betterment of these communities, ultimately aiming to enhance their overall living conditions.
Who is the CEO of Communities First Initiative Inc?
Douglas Palmer is the President of Communities First Initiative Inc.
What is the revenue of Communities First Initiative Inc?
Communities First Initiative Inc's revenue in 2022 was $11,788,810.
Who are the executives of Communities First Initiative Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Communities First Initiative Inc?
Communities First Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Communities First Initiative Inc
Communities First Initiative Inc, as a nonprofit organization, is committed to promoting and developing assistance for various low-income areas throughout New Jersey. Their mission is to achieve this by utilizing contributions and funding. In simpler terms, this organization aims to enhance the living conditions and provide support to economically disadvantaged communities in New Jersey, using financial resources as a primary tool. They strive to make a significant impact in these areas, working towards their betterment and development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Communities First Initiative Inc plays a pivotal role in addressing the challenges faced by low-income areas throughout New Jersey. By focusing on the promotion and development of essential resources and assistance, the organization contributes significantly to the improvement of living conditions and opportunities for residents in these communities. Through targeted funding and contributions, Communities First Initiative Inc enables access to vital services and support systems that help uplift individuals and families. This effort not only fosters economic growth but also strengthens social ties and resilience within these neighborhoods, creating a more equitable and vibrant New Jersey for all.
This information is meant to be a general summary of Communities First Initiative 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: $5,220
- Gross Receipts: $11,788,810
Assets and Liabilities:
- Total Assets: $14,091,227
- Total Liabilities: $0
- Net Assets: $14,091,227
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(609) 695-9438Principal Officer
Douglas Palmer
Main Address
1970 BRUNSWICK AVENUE 100, LAWRENCEVILLE, NJ, 08648
NTEE Category
Code: T50Z - Philanthropy
If you are a representative of Communities First Initiative Inc 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.