Overview
What is Carondelet Community Betterment Federation Inc?
Carondelet Community Betterment Federation Inc, located at 6408 Michigan Avenue, St Louis, MO 63111, is a nonprofit organization dedicated to addressing the fundamental social, economic, and educational needs of the Carondelet community. They accomplish this by engaging in community outreach and collaborating with other organizations to optimize resources and enhance the overall quality of life in the area. The primary mission of Carondelet Community Betterment Federation Inc is to provide essential support to low-income residents, offering them access to food, clothing, and utility assistance. With a team of 4 dedicated professionals, this nonprofit organization strives to make a meaningful impact in the lives of Carondelet residents.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86%, Three-Star out of Four Star rating.
Carondelet Community Betterment Federation Inc has received a solid rating of 86%, indicating strong performance in accountability and finance. This score reflects a commitment to transparency and responsible financial management, with notable achievements such as a 100% independent board, a low liabilities-to-assets ratio, and a high program expense ratio, demonstrating that a significant portion of resources is directed toward its mission.
The organization shows robust governance practices, including proper conflict of interest policies and documented board meeting minutes, which enhance its credibility. The lack of any material diversion of assets further emphasizes its integrity in handling funds. However, while the overall rating is commendable, it is primarily focused on financial metrics, meaning that other aspects such as program effectiveness or impact may not be fully represented in this score.
Overall, Carondelet Community Betterment Federation Inc exemplifies strong financial stewardship and governance practices. Potential donors and volunteers can feel confident in the organization's commitment to its mission, although they may want to investigate further into the organization's program outcomes to gain a fuller understanding of its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Carondelet Community Betterment Federation Inc legitimate?
Carondelet Community Betterment Federation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carondelet Community Betterment Federation 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: $87,824
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,544
For more financial information, click here
What is the mission statement of Carondelet Community Betterment Federation Inc?
The Carondelet Community Betterment Federation Inc, as its mission, strives to enhance the fundamental social, economic, and educational needs of its community. It accomplishes this by engaging in community outreach and collaborating with various organizations. The primary objective is to optimize efforts and enhance the overall quality of life within the community. This non-profit organization provides essential aid to low-income residents, offering assistance with food, clothing, and utility expenses.
Who is the CEO of Carondelet Community Betterment Federation Inc?
Fred Hessel is the Executive Director of Carondelet Community Betterment Federation Inc.
What is the revenue of Carondelet Community Betterment Federation Inc?
Carondelet Community Betterment Federation Inc's revenue in 2022 was $1,908,184.
Who are the executives of Carondelet Community Betterment Federation Inc and what are their salaries?
The average compensation at Carondelet Community Betterment Federation Inc during 2022 was $61,842. There are 4 employees and 8 volunteers at Carondelet Community Betterment Federation Inc.
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- Compensation: $88,515
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Where can I find the form 990 for Carondelet Community Betterment Federation Inc?
Carondelet Community Betterment Federation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Carondelet Community Betterment Federation Inc
Carondelet Community Betterment Federation Inc, a non-profit organization, is dedicated to enhancing the social, economic, and educational well-being of its community. To achieve this, Carondelet Community Betterment Federation engages in collaborative efforts with other organizations, aiming to optimize resources and improve the overall quality of life in the community. The organization's mission is centered around identifying and addressing the fundamental needs of the community, working tirelessly to bring about positive change.
In practical terms, Carondelet Community Betterment Federation Inc focuses on providing essential support to low-income residents. This includes offering aid in the form of food, clothing, and utility assistance. By doing so, the organization aims to alleviate some of the financial burdens faced by these individuals, allowing them to focus on other aspects of their lives and improve their overall living conditions. Through its community outreach programs, Carondelet Community Betterment Federation Inc is committed to making a tangible difference in the lives of its community members.
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Impact
July, 2024
Carondelet Community Betterment Federation Inc plays a crucial role in addressing the basic social, economic, and educational needs of Carondelet through community outreach and collaborative efforts. By providing low-income residents with essential support such as food, clothing, and utility assistance, the organization significantly contributes to improving the quality of life in the community. Through its mission-driven initiatives and partnerships with various organizations, Carondelet Community Betterment Federation Inc positively impacts the lives of individuals and families in Carondelet, strengthening the community as a whole.
This information is meant to be a general summary of Carondelet Community Betterment Federation 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: $55,399
- Gross Receipts: $1,931,810
Assets and Liabilities:
- Total Assets: $943,446
- Total Liabilities: $14,978
- Net Assets: $928,468
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Organization Details
Founding Year
1971
Phone
(314) 752-6339Principal Officer
Fred Hessel
Main Address
6408 Michigan Avenue, St Louis, MO, 63111
NTEE Category
Code: S200 - Community improvement
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