Overview
What is Commonwealth Charitable Management Inc?
Commonwealth Charitable Management Inc is a nonprofit organization located in Montrose, Pennsylvania, specifically at 270 Lake Avenue. Their primary mission is to distribute grants to charitable programs and organizations situated within the Endless Mountains region. With a small team of eight employees, they aim to support local initiatives that aim to better the community. Their activities are centered around awarding grants to eligible charitable organizations, contributing to the region's development and well-being.
Official website here: www.community-foundation.org
What are the reviews and ratings of this charity?
Commonwealth Charitable Management Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a high score of 95%. This rating emphasizes the organization's strong performance in Accountability and Finance, with a perfect score in key areas such as independent board membership and financial oversight. The assessment indicates that Commonwealth Charitable Management demonstrates financial health and transparency, making it a trustworthy option for donors.
While the charity's historical rating primarily focuses on financial metrics, it is worth noting that aspects such as Leadership & Adaptability, Culture & Community, and Impact & Measurement are not currently scored. Despite this limitation, the charity's high program expense ratio and effective fundraising efficiency indicate a commitment to using resources effectively for its mission.
There are no user reviews available from GreatNonprofits, which would provide additional insights into public sentiment. Overall, the strong financial performance underscores Commonwealth Charitable Management Inc's dedication to maintaining a responsible and accountable organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Commonwealth Charitable Management Inc?
100% of the three reviewers on Facebook recommend Commonwealth Charitable Management Inc. Here's a brief overview of their insights:
One user expressed enthusiasm about receiving a grant for the TAHS TIGRESS project, highlighting the positive impact this nonprofit has on educational initiatives for young women. The reviewer emphasized the excitement for future engagement and collaboration, indicating a strong belief in the organization's mission and support for women's empowerment.
Overall, the sentiment towards Commonwealth Charitable Management Inc is highly favorable. The recommendation from reviewers suggests that the nonprofit effectively supports its beneficiaries and fosters meaningful projects within the community.
This AI summary has been generated from reviews found on Facebook.
Is Commonwealth Charitable Management Inc legitimate?
Commonwealth Charitable Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commonwealth Charitable Management 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: $478,181
For more financial information, click here
Official website here: www.community-foundation.org
What is the mission statement of Commonwealth Charitable Management Inc?
Commonwealth Charitable Management Inc's mission involves providing grant awards to charitable programs and organizations in a specific area, often referred to as the Endless Mountains. This organization's activities are centered around supporting various charitable initiatives by distributing funds to eligible organizations. By doing so, they aim to contribute positively to the communities and individuals they serve, providing resources that can make a significant impact in their lives. The mission of Commonwealth Charitable Management Inc is focused on fostering growth and development in these charitable programs, ultimately benefiting the wider community.
Official website here: www.community-foundation.org
Who is the CEO of Commonwealth Charitable Management Inc?
Cristine Clayton is the Executive Di of Commonwealth Charitable Management Inc.
Official website here: www.community-foundation.org
What is the revenue of Commonwealth Charitable Management Inc?
Commonwealth Charitable Management Inc's revenue in 2022 was $8,581,803.
Official website here: www.community-foundation.org
Who are the executives of Commonwealth Charitable Management Inc and what are their salaries?
The average compensation at Commonwealth Charitable Management Inc during 2022 was $59,773. There are 8 employees at Commonwealth Charitable Management Inc.
Here are 19 key members and their salaries:
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Official website here: www.community-foundation.org
Where can I find the form 990 for Commonwealth Charitable Management Inc?
Commonwealth Charitable Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.community-foundation.org
Learn more at the official website: www.community-foundation.org
Mission Statement of Commonwealth Charitable Management Inc
Commonwealth Charitable Management Inc, as its mission statement suggests, plays a vital role in awarding grants to charitable programs and organizations within the Endless Mountains area. By undertaking this mission, the nonprofit organization actively contributes to enhancing the social welfare of its community. The grants granted by Commonwealth Charitable Management Inc aid various charitable initiatives, thereby empowering these programs and organizations to carry out their respective missions effectively. By providing financial support, the nonprofit organization enables these charitable entities to continue offering essential services and resources to those in need, ultimately fostering a more compassionate and supportive community.
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Impact
October, 2024
Commonwealth Charitable Management Inc significantly enhances the quality of life in the Endless Mountains area by providing essential grant awards to various charitable programs and organizations. By directing financial support to local initiatives, it empowers community-driven projects that address critical needs and foster positive change. The organization plays a crucial role in promoting philanthropy in the region, ensuring that resources are allocated effectively to benefit those in need. Through its contributions, Commonwealth Charitable Management Inc helps to sustain and enrich the fabric of the community, driving forward impactful solutions and support systems.
This information is meant to be a general summary of Commonwealth Charitable Management 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: $1,436,579
- Program Service Revenue: $1,120,953
- Gross Receipts: $9,664,273
Assets and Liabilities:
- Total Assets: $25,010,751
- Total Liabilities: $624,166
- Net Assets: $24,386,585
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$797,178
ADMINISTRATIVE FEES
Revenue
$322,575
OSTC PROGRAM INCOME
Revenue
$1,200
Organization Details
Founding Year
2003
Phone
(570) 278-3800Principal Officer
Cristine Clayton
Main Address
270 LAKE AVENUE, MONTROSE, PA, 18801
Website
www.community-foundation.orgNTEE Category
Code: T31 - Philanthropy
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