Overview
What is Community Empowerment Fund?
The Community Empowerment Fund is a nonprofit organization situated in Chapel Hill, North Carolina, at 208 North Columbia Street STE 100. Their mission is to foster opportunities, resources, and communities that aid in overcoming homelessness and poverty. Through their Advocate Program, they have connected 694 families, benefiting 1,193 individuals. They provide assertive support and innovative financial tools, helping families meet their personal objectives. Notable achievements include assisting 64 individuals in securing employment and benefits and aiding 31 households in successful transitions from homelessness. The organization's workforce comprises 45 dedicated individuals.
Official website here: www.communityempowermentfund.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star Rating)
The Community Empowerment Fund has achieved a remarkable 95% score from Charity Navigator, reflecting a high level of accountability and financial management. The organization has demonstrated exceptional oversight, with 100% of its board members being independent and a strong commitment to transparency reflected in its policies on conflict of interest, whistleblower protection, and document retention.
Financially, the organization excels with a program expense ratio of 77.48%, indicating that a significant portion of its funding directly supports its initiatives. The low liabilities to assets ratio of 24.97% further highlights its sound fiscal health. Additionally, it has received perfect scores for constituent feedback collection and usage, showcasing its dedication to engaging with and responding to the community it serves.
However, while the organization shows strong practices in equity and community engagement, its equity data score is lower at 1 out of 7, suggesting that there may be room for improvement in tracking and reporting demographic data concerning its beneficiaries. Overall, the Community Empowerment Fund stands out as a well-run nonprofit with a strong commitment to its mission and the communities it aims to support.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Community Empowerment Fund?
96% of 13 reviewers on Facebook recommend the Community Empowerment Fund. Here is a summary of their reviews:
Most users express a high level of approval for the nonprofit's mission and services. They appreciate the organization’s commitment to empowering individuals and fostering community development. Although some users appear to seek additional information about how the organization operates, this curiosity does not detract from their overall positive sentiment.
The positive recommendation rate indicates that the nonprofit effectively resonates with its audience and demonstrates a strong commitment to its goals. Despite the limited feedback, it is evident that many find value in what the Community Empowerment Fund aims to achieve.
This AI summary has been generated from reviews found on Facebook.
Is Community Empowerment Fund legitimate?
Community Empowerment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Empowerment Fund 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: $156,680
Professional Fundraising Fees: $0
Other Salaries and Wages: $316,889
For more financial information, click here
Official website here: www.communityempowermentfund.org/
What is the mission statement of Community Empowerment Fund?
The Community Empowerment Fund's mission is centered around alleviating homelessness and poverty. Through their activities, they aim to cultivate opportunities, assets, and communities that can support this goal. They achieve this by advocating and connecting families in need, providing assertive support, and innovating financial tools. The Fund has demonstrated success in helping individuals secure employment and benefits, as well as assisting households in making successful transitions out of homelessness.
Official website here: www.communityempowermentfund.org/
Who is the CEO of Community Empowerment Fund?
Donna Carrington is the Executive Director of Community Empowerment Fund.
Official website here: www.communityempowermentfund.org/
What is the revenue of Community Empowerment Fund?
Community Empowerment Fund's revenue in 2022 was $1,553,814.
Official website here: www.communityempowermentfund.org/
Who are the executives of Community Empowerment Fund and what are their salaries?
The average compensation at Community Empowerment Fund during 2022 was $10,524. There are 45 employees and 221 volunteers at Community Empowerment Fund.
Here are 17 key members and their salaries:
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- Other: $7,945
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Official website here: www.communityempowermentfund.org/
Where can I find the form 990 for Community Empowerment Fund?
Community Empowerment Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communityempowermentfund.org/
Learn more at the official website: www.communityempowermentfund.org/
Mission Statement of Community Empowerment Fund
Community Empowerment Fund is an organization committed to alleviating homelessness and poverty. Their mission is to cultivate opportunities, assets, and communities that support this cause. By implementing an advocate program, they have connected 694 families, benefiting 1,193 household members. This program provides assertive support and innovative financial tools, enabling individuals to achieve their self-determined goals. As a result, 64 individuals secured new employment opportunities and 31 households successfully transitioned out of homelessness.
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Impact
October, 2024
The Community Empowerment Fund has made a significant impact in alleviating homelessness and poverty, particularly in Chapel Hill, NC. Through its Advocate Program, it has connected 694 families and 1,193 household members with essential support and innovative financial tools tailored to help them achieve their self-determined goals. This initiative has led to notable outcomes, such as assisting 64 individuals in securing new employment and accessing benefits, while also facilitating 31 households in successfully transitioning out of homelessness. By cultivating opportunities and fostering community assets, the organization plays a crucial role in empowering individuals and families to improve their circumstances and build a better future.
This information is meant to be a general summary of Community Empowerment Fund. 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: $6,543
- Gross Receipts: $1,558,731
Assets and Liabilities:
- Total Assets: $2,439,677
- Total Liabilities: $609,366
- Net Assets: $1,830,311
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Organization Details
Founding Year
2010
Principal Officer
Donna Carrington
Main Address
208 North Columbia Street STE 100, Chapel Hill, NC, 27514
NTEE Category
Code: S20 - Community improvement
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