Overview
What is Community Agency Building Corp Inc?
Community Agency Building Corp Inc is a nonprofit organization situated in Seymour, Indiana. Its primary mission is to offer facilities to various other 501(c)(3) organizations at a cost lower than the fair market value. By doing so, it provides a central location for these charitable entities, fostering collaboration and resource sharing. With a small workforce of one employee, Community Agency Building Corp Inc plays an essential role in supporting the operations of numerous nonprofits in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) - Score: 73%
Community Agency Building Corp Inc has received a two-star rating from Charity Navigator, indicating that there are areas needing improvement despite some strengths in their organizational practices. The organization boasts a fully independent board, with 100% independent members and a strong Liabilities to Assets Ratio of 34.18%, suggesting a solid financial foundation. Their program expense ratio is also impressive at 100%, indicating that all expenses are directed toward program services.
However, significant areas for concern are evident in their accountability and transparency practices. The nonprofit has several critical policies missing, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Additionally, their website is not listed on their tax form, and essential documents like the tax form itself are not posted on the nonprofit's website, which further detracts from their accountability score.
In summary, while Community Agency Building Corp Inc demonstrates strong financial management and a commitment to its program services, the absence of key policies and transparency measures raises concerns about governance and accountability. Addressing these issues could enhance their overall effectiveness and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Community Agency Building Corp Inc legitimate?
Community Agency Building Corp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Agency Building Corp 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: $20,490
For more financial information, click here
What is the mission statement of Community Agency Building Corp Inc?
Community Agency Building Corp Inc's mission is centered around providing facilities to various 501(C)(3) organizations at a price lower than the fair market value. By doing so, the corporation aims to support these non-profit organizations in their missions, allowing them to operate more efficiently and effectively. This central location serves as a hub for numerous charitable organizations, fostering a collaborative environment and promoting the collective impact of their work. The corporation's mission is essential in ensuring that these organizations can focus on their primary objectives, without being burdened by exorbitant rental costs.
Who is the CEO of Community Agency Building Corp Inc?
Brian Hamp is the Board Member of Community Agency Building Corp Inc.
What is the revenue of Community Agency Building Corp Inc?
Community Agency Building Corp Inc's revenue in 2022 was $116,984.
Who are the executives of Community Agency Building Corp Inc and what are their salaries?
The average compensation at Community Agency Building Corp Inc during 2022 was $20,490. There is 1 employee and 9 volunteers at Community Agency Building Corp Inc.
Here are 9 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
Where can I find the form 990 for Community Agency Building Corp Inc?
Community Agency Building Corp Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Agency Building Corp Inc
Community Agency Building Corp Inc, as a mission-driven organization, is dedicated to providing facilities for other 501(c)(3) nonprofits at a rate lower than the fair market value. This commendable act allows these organizations to focus their resources on their respective missions rather than on the expense of securing and maintaining physical space. By offering these facilities at a reduced cost, Community Agency Building Corp Inc is contributing significantly to the collective impact of the nonprofit sector, enabling various causes to thrive in a central location.
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
October, 2024
Community Agency Building Corp Inc significantly enhances the operational capabilities of nonprofit organizations by offering facilities at below-market rates. This strategic approach allows various 501(c)(3) organizations to concentrate their resources on mission-driven activities rather than facility expenses. By centralizing the location of these services, Community Agency Building Corp Inc fosters collaboration and synergy among organizations, creating a hub for philanthropic efforts in Seymour, IN. The impact is twofold: not only do organizations save money, but they also benefit from a shared space that encourages community engagement and partnership. This model strengthens the overall capacity of nonprofits to serve their communities effectively and sustainably.
This information is meant to be a general summary of Community Agency Building Corp 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: $31
- Gross Receipts: $116,984
Assets and Liabilities:
- Total Assets: $561,727
- Total Liabilities: $179,598
- Net Assets: $382,129
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2001
Principal Officer
Brian Hamp
Main Address
113 N CHESTNUT STREET PO BOX 68, SEYMOUR, IN, 47274
NTEE Category
Code: T19 - Philanthropy
If you are a representative of Community Agency Building Corp Inc 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.