Overview
What is Ceiba Inc?
Ceiba Inc, situated in Philadelphia, PA, is a dedicated nonprofit organization that focuses on community economic development. Their primary activities include providing technical assistance services, housing counseling, and asset building to promote financial stability. They also engage in policy analysis, advocating for the rights of limited English proficient populations, civil rights, and consumer protection. Ceiba's mission is multifaceted, encompassing various aspects of community development to foster an inclusive and prosperous environment.
Official website here: www.ceibaphiladelphia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
Ceiba Inc demonstrates a strong commitment to accountability and financial transparency, achieving a remarkable overall score of 96%. This score is a reflection of the organization’s complete focus on Accountability & Finance, which is crucial for building trust with donors and stakeholders. The organization has successfully maintained a high level of oversight, as evidenced by its independent board members and rigorous financial practices.
Strengths of Ceiba Inc include a fully independent board, with all members meeting the criteria for independence, and an impressive program expense ratio of 84.95%, indicating that a significant majority of its resources are directed toward its programs rather than administrative costs. Additionally, the organization has established comprehensive policies for conflict of interest, whistleblower protection, and document retention, showcasing a commitment to ethical governance and operational integrity.
While the data does not highlight any specific limitations, the singular focus on the Accountability & Finance beacon may suggest that other aspects of the organization, such as program impact or community engagement, were not evaluated in this score. Nevertheless, the high ratings in these key areas reinforce Ceiba Inc's reputation as a responsible and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Ceiba Inc legitimate?
Ceiba Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ceiba 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: $71,905
Professional Fundraising Fees: $0
Other Salaries and Wages: $203,956
For more financial information, click here
Official website here: www.ceibaphiladelphia.org
What is the mission statement of Ceiba Inc?
Ceiba Inc's mission is centered around community economic development. They achieve this by offering technical assistance services, housing counseling, and asset building. Additionally, the organization carries out policy analysis on issues pertaining to limited English proficient populations, civil rights, and consumer protection. Although the specific location of Ceiba Inc is mentioned in the provided information, it is not crucial to the mission statement summary.
Official website here: www.ceibaphiladelphia.org
Who is the CEO of Ceiba Inc?
Will Gonzalez is the Secretary/Treasurer of Ceiba Inc.
Official website here: www.ceibaphiladelphia.org
What is the revenue of Ceiba Inc?
Ceiba Inc's revenue in 2022 was $746,191.
Official website here: www.ceibaphiladelphia.org
Who are the executives of Ceiba Inc and what are their salaries?
The average compensation at Ceiba Inc during 2022 was $13,136. There are 21 employees and 12 volunteers at Ceiba Inc.
Here are 6 key members and their salaries:
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- Compensation: $72,911
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Official website here: www.ceibaphiladelphia.org
Where can I find the form 990 for Ceiba Inc?
Ceiba Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ceibaphiladelphia.org
Learn more at the official website: www.ceibaphiladelphia.org
Mission Statement of Ceiba Inc
Ceiba Inc, a nonprofit organization, is dedicated to community economic development. They achieve this mission by offering various services. Ceiba provides technical assistance to help communities thrive, offering guidance and resources to empower them. Additionally, they offer housing counseling and asset building programs, helping individuals and families to improve their financial stability and secure their homes. Beyond direct services, Ceiba also conducts policy analysis on matters pertaining to limited English proficient populations, civil rights, and consumer protection. Their goal is to ensure fair practices and equal opportunities for all, contributing to a more equitable society.
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Impact
October, 2024
Ceiba Inc plays a vital role in community economic development by providing essential technical assistance services, housing counseling, and asset-building programs. Based in Philadelphia, PA, Ceiba focuses on empowering communities, particularly those with limited English proficiency, through targeted support that enhances their economic stability and opportunities.
The organization conducts policy analysis to advocate for civil rights and consumer protection, ensuring that the needs and rights of vulnerable populations are prioritized within broader socio-economic frameworks. By doing so, Ceiba not only helps individuals navigate housing and financial challenges but also fosters a more equitable environment that supports community improvement and resilience.
Through its various initiatives, Ceiba Inc is instrumental in building a stronger, more inclusive community, ultimately contributing to the overall economic health and well-being of the neighborhoods it serves.
This information is meant to be a general summary of Ceiba 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.
- Program Service Revenue: $241,254
- Gross Receipts: $746,191
Assets and Liabilities:
- Total Assets: $1,077,829
- Total Liabilities: $3,724
- Net Assets: $1,074,105
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICES
Revenue
$241,254
Organization Details
Founding Year
1989
Phone
(215) 634-7245Principal Officer
Will Gonzalez
Main Address
174 DIAMOND STREET, PHILADELPHIA, PA, 19122
Website
www.ceibaphiladelphia.orgNTEE Category
Code: S31 - Community improvement
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