Overview
What is Communityworks Inc?
Communityworks Inc, located in Greenville, South Carolina, is a publicly supported organization and a certified Community Development Financial Institution. Its primary mission is to offer funding for affordable housing and community development projects, aiming to strengthen low-income families and communities within the state of South Carolina. By providing financial support, Communityworks Inc plays a crucial role in promoting stability and development within these communities. The organization currently employs 27 individuals, working diligently to accomplish its goals.
Official website here: www.communityworkscarolina.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
Communityworks Inc has achieved an impressive overall rating of 99% from Charity Navigator, reflecting its strong performance in both accountability and finance. The charity scored a perfect 100 in accountability measures, showcasing its commitment to transparency and sound governance practices. Key indicators such as a fully independent board and comprehensive audit and oversight procedures further bolster its credibility.
The organization also demonstrates robust programmatic effectiveness, with a program expense ratio of 77.19%, indicating that a significant portion of its funding is directed towards fulfilling its mission. Additionally, Communityworks Inc has received high marks for its culture and community engagement, scoring 90 in this category, highlighting its attention to constituent feedback and the usage of this input in decision-making.
While the charity excels in many areas, it's worth noting that its culture and community score, although high, reflects a slight gap compared to its financial accountability. The equity strategies score of 85 suggests room for improvement in ensuring equitable practices. Overall, Communityworks Inc stands out as a well-managed nonprofit with a strong focus on accountability and community involvement.
This AI summary has been generated from information found on Charity Navigator.
Is Communityworks Inc legitimate?
Communityworks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Communityworks 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: $247,047
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,115,049
For more financial information, click here
Official website here: www.communityworkscarolina.org
What is the mission statement of Communityworks Inc?
Communityworks Inc, as a publicly supported organization and a certified Community Development Financial Institution, focuses on providing funding to promote affordable housing and community development. Their primary objective is to help stabilize low-income families and communities in South Carolina. By doing so, they aim to contribute to the overall well-being and improvement of these communities. Communityworks Inc serves as a crucial resource, offering financial assistance to facilitate affordable housing projects and community development initiatives.
Official website here: www.communityworkscarolina.org
Who is the CEO of Communityworks Inc?
Latorrie N Geer is the President/Ce of Communityworks Inc.
Official website here: www.communityworkscarolina.org
What is the revenue of Communityworks Inc?
Communityworks Inc's revenue in 2022 was $4,103,444.
Official website here: www.communityworkscarolina.org
Who are the executives of Communityworks Inc and what are their salaries?
The average compensation at Communityworks Inc during 2022 was $50,448. There are 27 employees and 24 volunteers at Communityworks Inc.
Here are 21 key members and their salaries:
- Compensation: $143,807
- Related: $0
- Other: $0
- Compensation: $103,240
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.communityworkscarolina.org
Where can I find the form 990 for Communityworks Inc?
Communityworks Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communityworkscarolina.org
Learn more at the official website: www.communityworkscarolina.org
Mission Statement of Communityworks Inc
Communityworks Inc, a publicly supported organization and a certified Community Development Financial Institution, is dedicated to promoting affordable housing and community development in South Carolina. Their mission is to assist low-wealth families and communities by providing funding. This funding is instrumental in fostering the development of affordable housing and community projects, thereby contributing to the stabilization of these families and communities. By providing such resources, Communityworks Inc aims to make a significant impact in addressing housing and community development needs, ultimately helping to improve the living conditions and prospects of those in need.
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
Communityworks Inc plays a pivotal role in enhancing the quality of life for low-wealth families and communities in South Carolina. By providing funding specifically geared towards affordable housing and community development, it directly addresses the challenges faced by these communities. This support not only helps stabilize families by making housing more accessible, but it also fosters the growth and revitalization of neighborhoods.
Through its initiatives, Communityworks Inc contributes to creating a more equitable environment where individuals and families can thrive. The funding they offer enables the development of housing solutions that are vital for economic stability and community cohesion. By focusing on the needs of low-wealth families, Communityworks Inc ensures that resources are directed toward those who need them most, facilitating a positive impact on both individual lives and the broader community.
This information is meant to be a general summary of Communityworks 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: $55,414
- Program Service Revenue: $1,096,659
- Gross Receipts: $4,103,444
Assets and Liabilities:
- Total Assets: $28,451,097
- Total Liabilities: $13,777,607
- Net Assets: $14,673,490
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS RECEIVABLE
Revenue
$479,759
PROGRAM SERVICE FEES
Revenue
$375,404
MANAGEMENT FEES & CONTRACTS
Revenue
$154,064
RENTAL INCOME
Revenue
$57,654
LOAN FEES
Revenue
$29,778
Organization Details
Founding Year
2008
Phone
(864) 235-6331Principal Officer
Latorrie N Geer
Main Address
100 W ANTRIM DR, GREENVILLE, SC, 29607
NTEE Category
Code: L82 - Housing
If you are a representative of Communityworks 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.