Overview
What is Crestmont Loft?
Crestmont Loft is a dedicated nonprofit organization situated in Bakersfield, California, with an address at 1714 Crestmont Drive, 93306. The primary mission of Crestmont Loft is to improve the quality of life for individuals with intellectual delays. They achieve this by fostering community integration and empowering these individuals to strive for maximum independence and self-sufficiency. The organization provides an encouraging environment that promotes individuality, enabling their clients to reach their full potential. With a team of 45 employees, Crestmont Loft is committed to supporting and guiding these individuals, allowing them to lead fulfilling and independent lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Star rating)
Crestmont Loft has earned a 71% rating from Charity Navigator, which indicates a moderate level of accountability and financial health. The organization has demonstrated strong governance, with an entirely independent board comprised of three members, ensuring unbiased decision-making and oversight. Their commitment to transparency is highlighted by the documentation of board meeting minutes and a listed conflict of interest policy.
Financially, Crestmont Loft showcases impressive metrics with a program expense ratio of 97.51%, indicating that most of its funds are directed towards its programs rather than administrative costs. Additionally, the organization maintains a low liabilities to assets ratio of 18.61%, suggesting effective management of financial resources.
However, despite the strong governance and financial management, the overall two-star rating signals some areas that could benefit from improvement. Continued efforts to enhance transparency and potentially engage in broader outreach could help elevate its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Crestmont Loft legitimate?
Crestmont Loft is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crestmont Loft 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: $178,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $554,409
For more financial information, click here
What is the mission statement of Crestmont Loft?
Crestmont Loft is a non-profit organization dedicated to enhancing the quality of life for individuals with intellectual delays. They achieve this by fostering community integration and encouraging self-sufficiency and independence. The organization provides an encouraging environment that promotes individuality, enabling individuals with intellectual delays to work towards achieving maximum independence and self-reliance.
Who is the CEO of Crestmont Loft?
Dirk Johnson is the Ceo of Crestmont Loft. The CEO's salary of Crestmont Loft is $86,900 and their total compensation is $86,900.
What is the revenue of Crestmont Loft?
Crestmont Loft's revenue in 2022 was $1,166,695.
Who are the executives of Crestmont Loft and what are their salaries?
The average compensation at Crestmont Loft during 2022 was $16,289. There are 45 employees at Crestmont Loft.
Here are 6 key members and their salaries (Crestmont Loft's CEO's salary is $86,900 and their total compensation is $86,900):
- Compensation: $91,700
- Related: $0
- Other: $0
- Compensation: $86,900
- Related: $0
- Other: $0
- Compensation: $14,300
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Crestmont Loft?
Crestmont Loft's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Crestmont Loft
Crestmont Loft, a non-profit organization, is dedicated to enhancing the lives of individuals with intellectual delays. Its mission is centered around promoting community integration and enabling these individuals to achieve maximum independence and self-sufficiency. Crestmont Loft accomplishes this by creating an encouraging environment that fosters personal growth. The organization places a strong emphasis on individuality, allowing each individual to strive towards their goal of becoming self-reliant.
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Impact
July, 2024
Crestmont Loft impacts the lives of individuals with intellectual delays by providing a supportive and positive environment where they can work towards achieving maximum independence and self-sufficiency. Through community integration and encouragement, Crestmont Loft helps these individuals improve their quality of life while promoting their individuality.
This information is meant to be a general summary of Crestmont Loft. 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.
- Gross Receipts: $1,166,695
Assets and Liabilities:
- Total Assets: $356,319
- Total Liabilities: $67,783
- Net Assets: $288,536
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Organization Details
Founding Year
2011
Phone
(661) 333-4096Principal Officer
Dirk Johnson
Main Address
1714 Crestmont Drive, Bakersfield, CA, 93306
NTEE Category
Code: G84 - Disease
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