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Takecare Relief Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261429960 ✦ Bethesda, MD ✦ Designated as a 501(c)(3)

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Overview

What is Takecare Relief Fund Inc?

Takecare Relief Fund Inc is a nonprofit organization situated in Bethesda, Maryland, specifically at 7750 Wisconsin Avenue Dept 52935. Their primary mission is to provide assistance to eligible employees of Marriott International, Inc., and their families, who have been affected by natural disasters such as earthquakes, tornadoes, fires, hurricanes, or floods, as well as other personal emergency events like house fires, ruptured pipes, or death. The aid they offer can include essentials like food, clothing, shelter, medical supplies, household supplies, and financial assistance. Essentially, Takecare Relief Fund Inc extends financial aid to Marriott International associates facing financial hardship due to these unfortunate events.


Official website here: www.marriott.com/culture-and-values/takec

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star rating)

Takecare Relief Fund Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in the area of Accountability & Finance. The charity’s overall score is calculated based solely on this beacon, indicating a high level of financial responsibility and transparency in its operations. The organization achieved a perfect score in key areas, demonstrating its commitment to best practices in governance and accountability.

The charity boasts an independent board, with 100% of its members being independent, which enhances its operational integrity. Financially, it excels with a very low liabilities to assets ratio of 1.50% and an impressive program expense ratio of 98.09%, indicating that nearly all its expenses are directed towards its programs rather than administrative costs. Additionally, the charity adheres to strong policies, including conflict of interest and whistleblower policies, and consistently documents its board meeting minutes.

While the overall data presents a positive view of Takecare Relief Fund Inc's financial health and governance, the rating is solely based on financial metrics. This focus on financial accountability means that other aspects, such as program effectiveness and impact, are not evaluated in this rating. Nonetheless, the charity's current financial practices suggest a strong foundation for supporting its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Takecare Relief Fund Inc legitimate?

Takecare Relief Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Takecare Relief Fund 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


Official website here: www.marriott.com/culture-and-values/takec

What is the mission statement of Takecare Relief Fund Inc?

The Takecare Relief Fund Inc, in its mission, provides need-based financial aid to associates working at managed Marriott International locations who are facing financial hardship due to natural disasters or certain personal emergency events. This relief fund assists eligible employees and their families in overcoming challenges brought about by calamities such as earthquakes, tornadoes, fires, hurricanes, or floods, as well as personal emergencies like house fires, ruptured pipes, or the loss of a family member. The aid offered may include essential items like food, clothing, shelter, medical supplies, household supplies, and financial assistance.


Official website here: www.marriott.com/culture-and-values/takec

Who is the CEO of Takecare Relief Fund Inc?

Kim Langworthy is the President/Director of Takecare Relief Fund Inc.


Official website here: www.marriott.com/culture-and-values/takec

What is the revenue of Takecare Relief Fund Inc?

Takecare Relief Fund Inc's revenue in 2022 was $1,708,473.


Official website here: www.marriott.com/culture-and-values/takec

Who are the executives of Takecare Relief Fund Inc and what are their salaries?

There 6 volunteers at Takecare Relief Fund Inc.


Here are 5 key members and their salaries:


Kim Langworthy (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Trojan (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Naggar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Tschudi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Luna (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marriott.com/culture-and-values/takec

Where can I find the form 990 for Takecare Relief Fund Inc?

Takecare Relief Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.marriott.com/culture-and-values/takec

Learn more at the official website: www.marriott.com/culture-and-values/takec

Mission Statement of Takecare Relief Fund Inc

Takecare Relief Fund Inc is a nonprofit organization that provides need-based financial assistance to associates working at managed Marriott International locations who are facing financial hardship due to natural disasters or certain personal emergency events. The mission of Takecare Relief Fund Inc is to offer financial grants to eligible employees of Marriott International, Inc., and their families, in times of crisis. These crises may include natural disasters such as earthquakes, tornadoes, fires, hurricanes, or floods, or personal emergencies like house fires, ruptured pipes, or the death of a family member.

The assistance offered by Takecare Relief Fund Inc can vary depending on the individual's needs. It may include the provision of essential items such as food, clothing, shelter, medical supplies, household supplies, and financial assistance. The goal of this nonprofit is to help those affected by these hardships get back on their feet and overcome the challenges they are facing. By providing this support, Takecare Relief Fund Inc is able to make a positive impact in the lives of its beneficiaries, offering them a sense of security and hope during difficult times.

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Impact




October, 2024

Takecare Relief Fund Inc significantly supports employees of Marriott International, Inc., and their families during times of crisis. By providing need-based financial grants, the organization ensures that those affected by natural disasters—such as earthquakes, hurricanes, and floods—as well as personal emergencies like house fires and ruptured pipes, receive essential assistance.

The impact of Takecare Relief Fund Inc is multifaceted. It offers critical aid including food, clothing, shelter, medical supplies, and household essentials, enabling individuals and families to stabilize their lives in the aftermath of distressing events. This support alleviates immediate financial burdens, allowing recipients to focus on recovery rather than worry about their basic needs.

By addressing the specific hardships faced by employees and fostering a sense of community and safety within the organization, Takecare Relief Fund Inc plays a crucial role in enhancing public safety and well-being among its beneficiaries. This targeted assistance not only addresses immediate crises but also contributes to the overall resilience and morale of the Marriott workforce.




This information is meant to be a general summary of Takecare Relief Fund 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.

Revenue
$1,708,473 (2022)
Expenses
$2,731,788 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,708,473

Assets and Liabilities:

  • Total Assets: $3,419,983
  • Total Liabilities: $36,270
  • Net Assets: $3,383,713

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Organization Details

Founding Year

2007

Principal Officer

Kim Langworthy

Main Address

7750 WISCONSIN AVENUE DEPT 52935, BETHESDA, MD, 20814

NTEE Category

Code: M20 - Public safety

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