Overview
What is Addison County Community Action Gro Inc?
Addison County Community Action Gro Inc, operating under the name Hope, is a nonprofit organization based in Middlebury, Vermont. Established in 1965, the organization has been serving the community for over five decades. Its mission is to enhance the lives of Addison County residents by assisting individuals in securing the resources required to meet their basic needs. This includes running a local food shelf, providing essentials such as clothing, household items, shelter, and affordable housing. The organization's vision is to ensure that every resident in Addison County has access to the necessary tools and resources for self-sufficiency. With a workforce of 29 people, Hope's programs and services aim to support and uplift the community in various ways.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Stars)
Addison County Community Action Gro Inc, also known as Hope, has received a two-star rating from Charity Navigator, indicating a moderate level of performance in accountability and finance. The organization has a strong governance structure with 100% of its board members being independent, which is a positive aspect for transparency and decision-making.
However, the organization has notable limitations in its financial documentation practices. It scored zero points in several key areas, including financial statements and essential policies such as conflict of interest, whistleblower, and document retention policies. Additionally, while the program expense ratio is impressive at 97.58%, the lack of accessible financial documents raises concerns about overall transparency.
While the organization maintains a low liabilities to assets ratio of 5.76%, indicating financial stability, urgent attention to its governance policies and financial reporting is necessary to improve its accountability rating and build greater trust with its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Addison County Community Action Gro Inc legitimate?
Addison County Community Action Gro Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Addison County Community Action Gro 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: $674,730
For more financial information, click here
What is the mission statement of Addison County Community Action Gro Inc?
Addison County Community Action Gro Inc D/B/A Hope, established in 1965, has been committed to serving its community by providing a wide array of programs and services. Their mission is centered around ensuring that all individuals in Addison County have access to the necessary tools and resources to meet their basic needs. This includes operating a local food shelf, providing essentials such as clothing, household goods, and housing, as well as offering affordable housing options. Their vision is a community where everyone can meet their own basic needs, demonstrating a strong focus on community empowerment and support.
Who is the CEO of Addison County Community Action Gro Inc?
Jeanne Montross is the Treasurer of Addison County Community Action Gro Inc.
What is the revenue of Addison County Community Action Gro Inc?
Addison County Community Action Gro Inc's revenue in 2022 was $2,502,483.
Who are the executives of Addison County Community Action Gro Inc and what are their salaries?
The average compensation at Addison County Community Action Gro Inc during 2022 was $23,267. There are 29 employees at Addison County Community Action Gro Inc.
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Where can I find the form 990 for Addison County Community Action Gro Inc?
Addison County Community Action Gro Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Addison County Community Action Gro Inc
Addison County Community Action Gro Inc D/B/A Hope, established in 1965, has been serving its community with a mission to provide a comprehensive array of programs and services. The organization's primary goal is to ensure that all individuals in Addison County have access to the necessary resources to meet their basic needs. This encompasses providing essentials such as clothing, household goods, and housing, including shelter and affordable housing options. The vision of Addison County Community Action Gro Inc D/B/A Hope is to create an environment where every resident in the county has the tools necessary to maintain a decent standard of living. The organization's efforts are aimed at breaking the cycle of poverty and improving the overall well-being of the community.
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Impact
October, 2024
Addison County Community Action Gro Inc has a significant impact on the lives of individuals and families in Addison County, Vermont, by addressing core human needs and fostering self-sufficiency. Since 1965, the organization has been a vital resource for the community, offering a wide array of programs and services that include a local food shelf, clothing and household goods distribution, and support for housing and shelter needs.
The organization's comprehensive approach ensures that basic needs are met, allowing individuals to focus on improving their overall circumstances. By providing access to essential resources, Addison County Community Action Gro Inc empowers residents to take charge of their lives and develop the tools necessary for long-term stability. Their vision is to create a community where everyone has the capability to meet their own basic needs, ultimately enhancing the quality of life for all residents in Addison County.
This information is meant to be a general summary of Addison County Community Action Gro 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: $2,007
- Program Service Revenue: $156,874
- Gross Receipts: $2,502,483
Assets and Liabilities:
- Total Assets: $3,813,612
- Total Liabilities: $143,742
- Net Assets: $3,669,870
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$133,864
OTHER
Revenue
$11,778
PROGRAM SERVICE FEES
Revenue
$11,232
Organization Details
Founding Year
1965
Phone
(802) 388-3608Principal Officer
Jeanne Montross
Main Address
282 BOARDMAN STREET SUITE 1A, MIDDLEBURY, VT, 05753
NTEE Category
Code: P20Z - Human services
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