Overview
What is Greater Cleveland Community Shares?
Greater Cleveland Community Shares is a nonprofit corporation situated in Cleveland, Ohio. With a mission to support community improvement and social change, it provides financial assistance and resources to its member non-profit organizations and other entities based in Northeast Ohio. These member organizations actively engage in programs aimed at community development, social reform, and citizen education and empowerment. The primary objective of Greater Cleveland Community Shares is to assist these organizations in raising funds through charitable workplace giving campaigns. By distributing a minimum of 80% of the campaign receipts annually, the organization enables its members and unaffiliated non-profits to finance their community-building and social justice programs, which often face funding restrictions from other sources. Over its 37-year history, the organization has distributed more than 17 million dollars in funds to its member organizations and other non-profits.
Official website here: www.communityshares.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Greater Cleveland Community Shares has received a Three-Star rating from Charity Navigator, reflecting a solid performance in Accountability and Finance. The organization scored 82%, primarily due to its high marks in various governance aspects, including a fully independent board and a lack of material diversion of assets, indicating strong oversight and financial integrity.
The charity has demonstrated effective governance practices, achieving perfect scores in areas like board independence, conflict of interest policy, and whistleblower policy. Its program expense ratio of 87.04% suggests that a significant portion of its funds is directed toward its charitable activities, which is a positive indicator of its commitment to its mission.
However, the organization faced some challenges, notably a liabilities to assets ratio of 114.57%, which raises concerns about its financial stability. While the high accountability score and effective governance are commendable, prospective donors might want to consider this financial aspect when evaluating their support.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Cleveland Community Shares legitimate?
Greater Cleveland Community Shares is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Cleveland Community Shares 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: $56,877
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,691
For more financial information, click here
Official website here: www.communityshares.org
What is the mission statement of Greater Cleveland Community Shares?
Greater Cleveland Community Shares, as a non-profit corporation, aims to support its member organizations and other non-profits located in northeast Ohio. These organizations are actively involved in community improvement, social changes, and citizen education and empowerment initiatives. The primary goal of Community Shares is to assist these organizations in raising funds through charitable workplace giving campaigns. At least 85% of the campaign receipts are distributed annually to eligible member and unaffiliated non-profits. This organization plays a crucial role in helping these non-profits make a significant impact in their communities.
Official website here: www.communityshares.org
Who is the CEO of Greater Cleveland Community Shares?
Cynthia J Ries is the Executive Di of Greater Cleveland Community Shares.
Official website here: www.communityshares.org
What is the revenue of Greater Cleveland Community Shares?
Greater Cleveland Community Shares's revenue in 2022 was $105,313.
Official website here: www.communityshares.org
Who are the executives of Greater Cleveland Community Shares and what are their salaries?
The average compensation at Greater Cleveland Community Shares during 2022 was $24,523. There are 3 employees and 20 volunteers at Greater Cleveland Community Shares.
Here are 10 key members and their salaries:
- Compensation: $56,877
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Official website here: www.communityshares.org
Where can I find the form 990 for Greater Cleveland Community Shares?
Greater Cleveland Community Shares's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communityshares.org
Learn more at the official website: www.communityshares.org
Mission Statement of Greater Cleveland Community Shares
Greater Cleveland Community Shares, a non-profit corporation, is dedicated to supporting various non-profit organizations and initiatives located in Northeast Ohio. Their mission is multifaceted, centered around community improvement, social changes, and citizen education and empowerment. By providing financial and other forms of aid to its member organizations and eligible non-profits, Greater Cleveland Community Shares aims to assist these groups in raising funds through charitable workplace giving campaigns. A significant portion of the campaign receipts, at least 85%, is distributed annually to these organizations, ensuring that they have the necessary resources to continue their mission of promoting positive change and social development within their communities.
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Impact
October, 2024
Greater Cleveland Community Shares significantly enhances the capacity of local organizations to initiate and sustain programs that promote community improvement and social justice. Through targeted fundraising efforts, it empowers member organizations by distributing at least 85% of campaign receipts, totaling over $17 million in its 37-year history. This funding allows groups to conduct vital programs that might otherwise face financial constraints, particularly those focused on citizen education and empowerment. By facilitating unrestricted financial support, Greater Cleveland Community Shares plays a crucial role in fostering social change and enriching the quality of life in Northeast Ohio.
This information is meant to be a general summary of Greater Cleveland Community Shares. 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: $153
- Gross Receipts: $105,813
Assets and Liabilities:
- Total Assets: $401,508
- Total Liabilities: $460,037
- Net Assets: -$58,529
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Organization Details
Founding Year
1984
Phone
(216) 361-9920Principal Officer
Cynthia J Ries
Main Address
12200 FAIRHILL ROAD - 4TH FLOOR, CLEVELAND, OH, 44120
Website
www.communityshares.orgNTEE Category
Code: T70Z - Philanthropy
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