Overview
What is Region K Community Assistance Corporation?
Region K Community Assistance Corporation is a nonprofit organization situated in the counties of Franklin, Granville, Person, Vance, and Warren, along with the associated municipalities. Their primary objective is to strengthen and amplify the services related to aging, juvenile justice, community development, economic development, workforce development, and transportation planning and development offered by both public and private entities, such as the Kerr-Tar Regional Council of Governments. Currently, they are actively running the Person County Senior Center, expanding and improving upon the services provided by various agencies in their region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Region K Community Assistance Corporation demonstrates some strengths in accountability and finance, there are notable areas for improvement. The organization has achieved a perfect score for its majority independent board members and financial oversight, reflecting a strong commitment to governance and transparency.
The organization excels in having a fully independent board and robust financial management practices, as indicated by high scores in areas like the audit and oversight committee. Additionally, there are no reported material diversions of assets, which contributes positively to its accountability profile. These factors suggest that the nonprofit is effectively managing its resources and adhering to ethical standards.
However, the program expense ratio is below average at 55.83%, indicating that a smaller portion of its expenses is directed towards its programs compared to its administrative costs. This lower ratio may raise concerns among donors about the organization's effectiveness in delivering services relative to its overall spending. Addressing this issue could significantly enhance its overall performance and rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Region K Community Assistance Corporation legitimate?
Region K Community Assistance Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Region K Community Assistance Corporation 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: $156,756
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What is the mission statement of Region K Community Assistance Corporation?
The Region K Community Assistance Corporation aims to strengthen and improve the programs and services related to aging, juvenile justice, community development, economic development, workforce development, and transportation planning and development provided by public and private agencies. This includes collaborating with entities like the Kerr-Tar Regional Council of Governments, Franklin County, Granville County, Person County, Vance County, Warren County, and municipalities in these areas. Currently, the organization is actively operating the Person County Senior Center, contributing to the enhancement of services for the elderly in their area.
Who is the CEO of Region K Community Assistance Corporation?
Zelodis Jay is the Treasurer of Region K Community Assistance Corporation.
What is the revenue of Region K Community Assistance Corporation?
Region K Community Assistance Corporation's revenue in 2023 was $507,395.
Who are the executives of Region K Community Assistance Corporation and what are their salaries?
The average compensation at Region K Community Assistance Corporation during 2023 was $26,126. There are 6 employees at Region K Community Assistance Corporation.
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Where can I find the form 990 for Region K Community Assistance Corporation?
Region K Community Assistance Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Region K Community Assistance Corporation
Region K Community Assistance Corporation is dedicated to amplifying and improving the initiatives related to aging, juvenile justice, community development, economic development, workforce development, and transportation planning and development. This nonprofit organization collaborates with both public and private agencies, such as the Kerr-Tar Regional Council of Governments and various counties and municipalities, to enhance the services they provide. At present, Region K Community Assistance Corporation manages the Person County Senior Center as part of its mission, contributing to the betterment of programs and services associated with the elderly population.
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Impact
July, 2024
Region K Community Assistance Corporation's impact includes augmenting and enhancing programs and services related to aging, juvenile justice, community development, economic development, workforce development, and transportation planning and development. The organization works with public and private agencies in Henderson, NC, and the surrounding counties to provide essential services to the community, such as operating the Person County Senior Center. Through their efforts, Region K Community Assistance Corporation positively impacts the lives of individuals in need of assistance and support in various areas.
This information is meant to be a general summary of Region K Community Assistance Corporation. 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.
- Gross Receipts: $507,395
Assets and Liabilities:
- Total Assets: $600,175
- Total Liabilities: $57,588
- Net Assets: $542,587
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Organization Details
Founding Year
2011
Phone
(252) 436-2040Principal Officer
Zelodis Jay
Main Address
PO BOX 709, HENDERSON, NC, 27536
NTEE Category
Code: P20 - Human services
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