Overview
What is Arkansas Association Of Correctional Employees Tr?
The Arkansas Association of Correctional Employees Trust is a nonprofit organization dedicated to supporting the employees of the Department of Corrections and their families. In times of hardship or crisis, this organization offers financial assistance. Their mission extends beyond monetary aid, as they also provide services that benefit their members. The Arkansas Association of Correctional Employees Trust serves as a vital resource for individuals working within the correctional system, offering assistance during challenging periods.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. The Arkansas Association of Correctional Employees Trust received an overall score of 71%, which translates to a Two-Star out of Four Star rating. This indicates that while the organization demonstrates some strengths, there are areas that require attention for better performance and transparency.
One key strength of the organization is its financial accountability, evidenced by a high program expense ratio of 97.08%, indicating that a large portion of its funds is directed toward its programs. Additionally, the organization maintains a majority independent board and has a solid record in document retention, showing commitment to governance and compliance with standards. The lack of liabilities also reflects positively on its financial health.
However, the overall rating suggests that there are aspects needing improvement, particularly in areas that could enhance transparency and efficiency. While specific limitations were not detailed in the data provided, achieving a higher rating would likely require addressing these weaknesses to better serve its mission and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Arkansas Association Of Correctional Employees Tr legitimate?
Arkansas Association Of Correctional Employees Tr is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Association Of Correctional Employees Tr 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: $63,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Arkansas Association Of Correctional Employees Tr?
The Arkansas Association of Correctional Employees Trust is committed to supporting the employees of the Department of Corrections and their families during times of distress or crisis. Their mission involves providing financial assistance to help alleviate their hardships. Additionally, the trust offers services that aim to benefit its members, contributing to their overall well-being.
What is the revenue of Arkansas Association Of Correctional Employees Tr?
Arkansas Association Of Correctional Employees Tr's revenue in 2023 was $1,057,726.
Who are the executives of Arkansas Association Of Correctional Employees Tr and what are their salaries?
The average compensation at Arkansas Association Of Correctional Employees Tr during 2023 was $12,600. There are 5 employees and 40 volunteers at Arkansas Association Of Correctional Employees Tr.
There is 1 key member and their salary:
- Compensation: $30,000
- Related: $0
- Other: $0
Where can I find the form 990 for Arkansas Association Of Correctional Employees Tr?
Arkansas Association Of Correctional Employees Tr's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Arkansas Association Of Correctional Employees Tr
The Arkansas Association of Correctional Employees Trust is committed to a mission that prioritizes the well-being of employees working within the Department of Corrections and their families. In times of adversity or crisis, this organization extends financial aid to its members. Beyond this, the trust also offers services that contribute positively to the lives of its members.
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Impact
July, 2024
The Arkansas Association of Correctional Employees Trust has a significant impact by providing financial assistance to employees of the Department of Corrections and their families during times of tragedy or crisis. This support helps members cope with difficult situations and ensures they have a safety net in times of need. Additionally, the trust offers services that benefit its members, enhancing their overall well-being and security. Through its mission, the Arkansas Association of Correctional Employees Trust plays a vital role in supporting those who serve in the corrections system and their loved ones.
This information is meant to be a general summary of Arkansas Association Of Correctional Employees Tr. 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.
- Investment Income: $396,998
- Gross Receipts: $1,057,726
Assets and Liabilities:
- Total Assets: $4,466,952
- Total Liabilities: $0
- Net Assets: $4,466,952
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Organization Details
Founding Year
2007
Principal Officer
Kevin Murphy
NTEE Category
Code: T30 - Philanthropy
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