Overview
What is Community Apartments Corporation Of Rutherford County 2?
Community Apartments Corporation of Rutherford County 2 is a nonprofit organization situated in Raleigh, North Carolina, specifically at 353 E Six Forks Road Suite 300. Their primary mission is dedicated to offering housing solutions for individuals battling mental illness. By providing suitable accommodations, the organization aims to contribute positively to their residents' well-being and overall quality of life. The organization's focus on mental health housing is evident in both its description and mission statement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
Community Apartments Corporation Of Rutherford County 2 has received a One-Star rating from Charity Navigator, primarily due to its Accountability & Finance score of 58%. This rating indicates significant concerns regarding the organization's financial practices and governance, despite a high score in certain areas such as board independence and program expense ratio.
The nonprofit demonstrates strengths in having a fully independent board and maintaining a high program expense ratio, which suggests that a substantial portion of its expenses goes directly towards its programs. However, the organization's financial management is hindered by a high liabilities to assets ratio, which raises red flags about its financial health. Moreover, critical governance policies, including a conflict of interest policy and a whistleblower policy, are missing, which may impact the organization's overall transparency and accountability.
While the organization shows promise in certain operational aspects, the lack of essential financial documentation and governance policies limits its overall effectiveness and may pose risks to its sustainability. It is recommended for potential donors and supporters to consider these factors when evaluating the nonprofit's credibility and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Community Apartments Corporation Of Rutherford County 2 legitimate?
Community Apartments Corporation Of Rutherford County 2 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Apartments Corporation Of Rutherford County 2 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
What is the mission statement of Community Apartments Corporation Of Rutherford County 2?
The Community Apartments Corporation of Rutherford County 2 is dedicated to serving individuals dealing with mental illness. Their primary mission is to provide suitable housing solutions for these individuals, offering them a safe and supportive living environment. By offering housing, the organization aims to improve their residents' quality of life and facilitate their integration into society. Moreover, the corporation strives to ensure that its housing facilities meet the specific needs of mentally ill individuals, promoting their overall well-being and recovery.
Who is the CEO of Community Apartments Corporation Of Rutherford County 2?
John Nash is the Director of Community Apartments Corporation Of Rutherford County 2.
What is the revenue of Community Apartments Corporation Of Rutherford County 2?
Community Apartments Corporation Of Rutherford County 2's revenue in 2022 was $60,137.
Who are the executives of Community Apartments Corporation Of Rutherford County 2 and what are their salaries?
There 12 volunteers at Community Apartments Corporation Of Rutherford County 2.
Here are 12 key members and their salaries:
- 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
Where can I find the form 990 for Community Apartments Corporation Of Rutherford County 2?
Community Apartments Corporation Of Rutherford County 2's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Apartments Corporation Of Rutherford County 2
Community Apartments Corporation of Rutherford County 2 is an organization dedicated to providing housing for individuals struggling with mental illness. The organization's mission is to offer a safe and supportive living environment for these individuals, aiming to improve their quality of life and help them manage their mental health challenges. By providing housing, the organization aims to alleviate some of the stresses and challenges associated with living with mental illness, allowing individuals to focus on their recovery and well-being. The organization's housing services are designed to be inclusive and welcoming, providing a sense of community and support for those in need. Overall, Community Apartments Corporation of Rutherford County 2 is committed to making a difference in the lives of individuals living with mental illness by providing them with a safe and supportive living environment.
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
August, 2024
Community Apartments Corporation Of Rutherford County 2 provides housing for those suffering from mental illness in Raleigh, NC. Their impact lies in offering a stable and supportive environment for individuals managing mental health challenges, enabling them to live with dignity and care. By addressing a crucial need in the community for mental health housing, this organization positively impacts the lives of its residents and contributes to their overall well-being and recovery.
This information is meant to be a general summary of Community Apartments Corporation Of Rutherford County 2. 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: $144
- Program Service Revenue: $30,752
- Gross Receipts: $60,137
Assets and Liabilities:
- Total Assets: $520,891
- Total Liabilities: $776,386
- Net Assets: -$255,495
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.
Rent revenue
Revenue
$30,752
Organization Details
Founding Year
2001
Phone
(919) 782-4632Principal Officer
John Nash
Main Address
353 E Six Forks Road Suite 300, Raleigh, NC, 27609
NTEE Category
Code: L21 - Housing
If you are a representative of Community Apartments Corporation Of Rutherford County 2 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.