Overview
What is Chalmers Center For Economic Development?
The Chalmers Center for Economic Development is a nonprofit organization, based in Lookout Mountain, Georgia, dedicated to addressing the root causes of material poverty. They achieve this through various means, such as publishing educational resources, providing online courses, delivering speaking engagements, and operating an Ambassadors program. These tools enable churches, Christian nonprofits, and individual Christians to understand and respond to poverty in a practical, Biblical manner. Moreover, the Chalmers Center encourages innovation among Christian leaders, empowering them to develop effective poverty alleviation ministries that foster lasting change. With a team of 25 dedicated individuals, their mission is to communicate the redeeming story of God and its relevance to poverty alleviation, ultimately restoring broken relationships for those living in material poverty.
Official website here: www.chalmers.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
The Chalmers Center for Economic Development has received a Three-Star rating from Charity Navigator, indicating that it meets several accountability and financial health standards. With a strong score in areas such as an independent board and a robust audit and oversight committee, the organization demonstrates good governance practices, fostering transparency and trustworthiness.
Strengths include a high program expense ratio of 75.28%, which signifies that a substantial portion of their budget is directed towards their mission-related activities. Additionally, their strong fundraising efficiency ratio suggests that they are effective in utilizing donations to support their work. The presence of essential policies such as conflict of interest and whistleblower protections further underscores their commitment to ethical operation.
However, the organization faces challenges, particularly concerning its liabilities to assets ratio, which is rated lower and indicates potential financial vulnerability. The working capital ratio also reflects a concerning position, suggesting that they may struggle to cover short-term obligations. Overall, while Chalmers Center has solid governance and programmatic commitment, addressing its financial ratios could enhance its sustainability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Chalmers Center For Economic Development?
100% of 14 reviewers on Facebook recommend Chalmers Center for Economic Development. Here is a summary of their reviews:
Many individuals express deep appreciation for the organization, highlighting its exceptional training materials that effectively aid churches in ministering to those in need. One reviewer specifically noted how the resources provided by the Chalmers Center have transformed their approach to missions, stating that they feel better prepared and equipped to serve in Haiti. Such sentiments reflect a strong sense of gratitude and recognition for the organization’s impact on their mission efforts.
Overall, the feedback indicates that Chalmers Center plays a significant role in enhancing ministry effectiveness and fostering a better understanding of service to the poor. Reviewers unanimously acknowledge the blessings that come from the Center's guidance and resources, portraying it as a vital support for those engaged in humanitarian work.
This AI summary has been generated from reviews found on Facebook.
Is Chalmers Center For Economic Development legitimate?
Chalmers Center For Economic Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chalmers Center For Economic Development 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: $244,947
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,207,761
For more financial information, click here
Official website here: www.chalmers.org
What is the mission statement of Chalmers Center For Economic Development?
The Chalmers Center for Economic Development's mission is centered around helping individuals who are materially poor, inspiring them to rethink poverty and respond with Biblical principles. This organization aims to restore all to flourishing by addressing the broken relationships at the heart of material poverty. Through their work, they communicate the redemptive story of God and its connection to poverty alleviation. The Chalmers Center encourages the Church to live out Jesus' Kingdom today and equip them to address poverty in a practical and Biblical manner, thus fostering reconciled relationships between God, the self, others, and creation.
Official website here: www.chalmers.org
Who is the CEO of Chalmers Center For Economic Development?
Unavailable
Official website here: www.chalmers.org
What is the revenue of Chalmers Center For Economic Development?
Chalmers Center For Economic Development's revenue in 2023 was $2,658,963.
Official website here: www.chalmers.org
Who are the executives of Chalmers Center For Economic Development and what are their salaries?
The average compensation at Chalmers Center For Economic Development during 2023 was $58,108. There are 25 employees and 9 volunteers at Chalmers Center For Economic Development.
Here are 12 key members and their salaries:
- Compensation: $45,000
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- Compensation: $49,192
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- Compensation: $115,637
- Related: $0
- Other: $28,562
- Compensation: $108,328
- Related: $0
- Other: $29,481
Official website here: www.chalmers.org
Where can I find the form 990 for Chalmers Center For Economic Development?
Chalmers Center For Economic Development's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chalmers.org
Learn more at the official website: www.chalmers.org
Mission Statement of Chalmers Center For Economic Development
The Chalmers Center for Economic Development, a nonprofit organization, is committed to helping individuals who are materially poor rethink poverty and respond with practical Biblical principles. Their mission is twofold: firstly, they aim to communicate the redeeming story of God and explain how it relates to poverty alleviation. By doing so, they hope to restore broken relationships between God, individuals, others, and the rest of creation for those who are materially poor. Secondly, the Chalmers Center seeks to equip the Church to address the root causes of material poverty, enabling them to live out Jesus' Kingdom today. In essence, their mission is to empower the Church to positively impact the lives of those living in poverty, promoting reconciliation and flourishing.
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Impact
October, 2024
The Chalmers Center for Economic Development has a significant impact on addressing the root causes of material poverty by equipping churches and Christian organizations with practical, biblically-based principles. Through its innovative framework, the center provides resources such as books, online courses, and speaking engagements to help communities understand and tackle the complexities of poverty.
By emphasizing the restoration of broken relationships—with God, oneself, others, and creation—the Chalmers Center fosters a holistic approach to poverty alleviation. Its Ambassadors program trains leaders to implement effective poverty alleviation ministries that promote genuine change, enabling those experiencing material poverty to flourish.
Through its mission, the Chalmers Center actively contributes to reshaping how poverty is perceived and addressed within the Church, encouraging a deeper understanding of God's redeeming story and its relevance to economic development initiatives. The center's work not only impacts individuals within local communities but extends its influence internationally, prompting a broader conversation on poverty and reconciliation.
This information is meant to be a general summary of Chalmers Center For Economic Development. 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 2023.
- Program Service Revenue: $318,425
- Gross Receipts: $2,658,963
Assets and Liabilities:
- Total Assets: $287,349
- Total Liabilities: $155,784
- Net Assets: $131,565
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Training Course Income
Revenue
$318,265
Organization Details
Founding Year
2010
Phone
(706) 956-4119Main Address
507 McFarland Road B, Lookout Mountain, GA, 30750
Website
www.chalmers.orgNTEE Category
Code: Q32 - International
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