Overview
What is Peoria Citizens Committee For Economic Opportunity Inc?
Peoria Citizens Committee For Economic Opportunity Inc, or PCCEO, is a nonprofit organization based in Peoria, Illinois, specifically at 711 W McBean Street. With a team of 147 employees, PCCEO functions as a community action agency and leadership organization. Their mission lies in promoting self-sufficiency and empowerment for low- and moderate-income individuals and families in Peoria County. They serve as the principal non-profit agency in the city for the solicitation and contracting of federal funds under the Economic Opportunity Act of 1964. Furthermore, they act as a local fiscal agent for the utilization and application of federal funds and other governmental and voluntary funds, either through sub-contracting or by establishing necessary administrative organizations. In essence, PCCEO strives to improve the standard of living in Peoria County by serving as a catalyst for change and empowerment.
Official website here: www.pcceo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Peoria Citizens Committee For Economic Opportunity Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability & Finance. The charity’s overall score is entirely derived from its accountability practices, underscoring a commitment to transparency and responsible governance.
The organization scores exceptionally well in several key areas, including having a fully independent board and a robust audit and oversight committee, both of which contribute to its high accountability score. Additionally, it maintains comprehensive policies related to conflict of interest, whistleblower protections, and document retention, further indicating a solid governance framework.
However, there is a noted limitation with the liabilities to assets ratio, which stands at 58.91%. While this is an important element for assessing financial health, the charity still showcases a strong program expense ratio of 92.37%, suggesting that a significant majority of its funds are directed towards its mission-related activities. Overall, the Peoria Citizens Committee For Economic Opportunity Inc demonstrates a reliable and committed approach to its financial management and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Peoria Citizens Committee For Economic Opportunity Inc legitimate?
Peoria Citizens Committee For Economic Opportunity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peoria Citizens Committee For Economic Opportunity 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: $195,429
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,011,816
For more financial information, click here
Official website here: www.pcceo.org
What is the mission statement of Peoria Citizens Committee For Economic Opportunity Inc?
The Peoria Citizens Committee For Economic Opportunity Inc is a community organization dedicated to promoting self-sufficiency and empowerment among low-and moderate-income individuals and families. By acting as an agent of change, this community action agency aims to improve living standards and combat poverty. The PCCEO serves as the principal non-profit agency for soliciting and contracting federal funds under the Economic Opportunity Act of 1964, and also utilizes governmental and voluntary funds to establish necessary administrative organizations or sub-contract with appropriate organizations or agencies for this purpose. Their primary goal is to create programs that effectively address poverty issues and make a positive impact on the community.
Official website here: www.pcceo.org
Who is the CEO of Peoria Citizens Committee For Economic Opportunity Inc?
Maxine Williams is the Vice President of Peoria Citizens Committee For Economic Opportunity Inc. The CEO's salary of Peoria Citizens Committee For Economic Opportunity Inc is $195,429 and their total compensation is $195,429.
Official website here: www.pcceo.org
What is the revenue of Peoria Citizens Committee For Economic Opportunity Inc?
Peoria Citizens Committee For Economic Opportunity Inc's revenue in 2022 was $26,605,267.
Official website here: www.pcceo.org
Who are the executives of Peoria Citizens Committee For Economic Opportunity Inc and what are their salaries?
The average compensation at Peoria Citizens Committee For Economic Opportunity Inc during 2022 was $49,029. There are 147 employees and 447 volunteers at Peoria Citizens Committee For Economic Opportunity Inc.
Here are 20 key members and their salaries (Peoria Citizens Committee For Economic Opportunity Inc's CEO's salary is $195,429 and their total compensation is $195,429):
- Compensation: $195,429
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- Compensation: $102,575
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- Compensation: $92,737
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- Compensation: $69,429
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Official website here: www.pcceo.org
Where can I find the form 990 for Peoria Citizens Committee For Economic Opportunity Inc?
Peoria Citizens Committee For Economic Opportunity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pcceo.org
Learn more at the official website: www.pcceo.org
Mission Statement of Peoria Citizens Committee For Economic Opportunity Inc
Peoria Citizens Committee For Economic Opportunity Inc, also known as PCCEO, is a community action agency and leadership organization committed to promoting self-sufficiency and empowerment among low-and moderate-income individuals and families. The mission of this nonprofit is multifaceted. It aims to serve as an agent of change, improving the standard of living in Peoria County.
PCCEO operates as the principal non-profit agency in the city for the solicitation and contracting of federal funds available under the Economic Opportunity Act of 1964, as amended. It acts as a local fiscal agent for the utilization and application of federal funds and other governmental and voluntary funds. This nonprofit employs various strategies to combat poverty, including establishing necessary administrative organizations and sub-contracting with appropriate organizations or agencies. Through these efforts, Peoria Citizens Committee For Economic Opportunity Inc plays a crucial role in addressing the needs of low-income communities and fostering self-sufficiency.
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Impact
October, 2024
Peoria Citizens Committee For Economic Opportunity Inc (PCCEO) significantly influences the community by fostering self-sufficiency and empowerment among low- and moderate-income individuals and families. Through its various programs, PCCEO addresses poverty-related issues in Peoria, enhancing the standard of living for residents. The organization acts as a catalyst for change, connecting individuals to essential resources, services, and opportunities.
By planning, coordinating, and evaluating initiatives aimed at combating poverty, PCCEO plays a crucial role in securing and managing federal and governmental funds to support its mission. This strategic approach maximizes the impact of investments in the local economy, ultimately contributing to a more robust community. The organization's emphasis on leadership and community engagement further ensures that the voices and needs of the underserved are prioritized, leading to sustainable change and improved quality of life for many in Peoria County.
This information is meant to be a general summary of Peoria Citizens Committee For Economic Opportunity 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: $4,937
- Program Service Revenue: $2,499,379
- Gross Receipts: $26,605,267
Assets and Liabilities:
- Total Assets: $7,075,158
- Total Liabilities: $4,168,457
- Net Assets: $2,906,701
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DIRECT MAIL
Revenue
$394,234
PROGRAM INCOME
Revenue
$2,105,145
Organization Details
Founding Year
1966
Phone
(309) 671-3900Principal Officer
Maxine Williams
Main Address
711 W MCBEAN STREET, PEORIA, IL, 61605
Website
www.pcceo.orgNTEE Category
Code: J00 - Employment
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