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Cmc Initiative Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 461052114 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Cmc Initiative Inc?

Cmc Initiative Inc is a non-profit organization based in Atlanta, Georgia. Their primary mission is to offer a safer and more engaging alternative to the college drinking scene, particularly on Friday and Saturday nights, which are notorious for binge-drinking. They achieve this by organizing events such as watching away football games, hosting clean movie nights, and offering numerous other activities to keep students occupied and having fun, without the need to socialize in bars. This initiative aims to decrease alcohol and drug abuse among students by providing regular, alcohol and drug-free events. The organization employs a small team of four individuals who are dedicated to creating friendships among like-minded students and offering activities that are as enjoyable, if not more, than going downtown to the bars.


Official website here: www.cmc-initiative.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69% (Two-Star out of Four Stars)

Cmc Initiative Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths in its governance, there are several critical areas needing improvement, particularly in accountability and transparency. The organization boasts a high percentage of independent board members and maintains a favorable liabilities to assets ratio, reflecting a solid financial foundation.

However, the ratings also highlight significant shortcomings, including the absence of key policies such as conflict of interest and whistleblower protections, alongside a lack of documented board meeting minutes. These issues raise concerns about the organization's accountability practices and overall governance structure, which are important for ensuring the trust of donors and stakeholders.

While the program expense ratio is reasonably strong at 67.17%, the absence of essential documents and policies suggests that Cmc Initiative Inc may need to enhance its operational transparency and compliance to build greater confidence among its supporters and improve its overall rating in the future.


This AI summary has been generated from information found on Charity Navigator.

Is Cmc Initiative Inc legitimate?

Cmc Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cmc Initiative 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: $77,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $81,986

For more financial information, click here


Official website here: www.cmc-initiative.com

What is the mission statement of Cmc Initiative Inc?

The Cmc Initiative Inc aims to offer an alternative to the college drinking scene, intending to reduce the number of students trapped in alcohol and drug abuse on college campuses. To achieve this, they organize alcohol and drug-free events regularly, providing a safe space for students to socialize and engage in activities that are as enjoyable as or more enjoyable than late-night bar scenes. On Friday and Saturday nights, the organization hosts events to keep students away from the downtown binge-drinking scene, offering a welcoming environment for students, primarily freshmen, to form friendships with like-minded individuals. The goal of these events is to create a supportive community and offer activities that are as fun or more enjoyable than the downtown bar scene.


Official website here: www.cmc-initiative.com

Who is the CEO of Cmc Initiative Inc?

Steve Shuler is the Trustee of Cmc Initiative Inc.


Official website here: www.cmc-initiative.com

What is the revenue of Cmc Initiative Inc?

Cmc Initiative Inc's revenue in 2022 was $279,261.


Official website here: www.cmc-initiative.com

Who are the executives of Cmc Initiative Inc and what are their salaries?

The average compensation at Cmc Initiative Inc during 2022 was $39,796. There are 4 employees and 12 volunteers at Cmc Initiative Inc.


Here are 6 key members and their salaries:


Eric Odom (Executive Dir.)
  • Compensation: $77,200
  • Related: $0
  • Other: $0
Bobby Reagan (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Shuler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Cooney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Odom (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Buggs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cmc-initiative.com

Where can I find the form 990 for Cmc Initiative Inc?

Cmc Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cmc-initiative.com

Learn more at the official website: www.cmc-initiative.com

Mission Statement of Cmc Initiative Inc

The Cmc Initiative Inc, a non-profit organization, aims to offer an alternative to the downtown college drinking scene and reduce the number of students trapped in alcohol and drug abuse on college campuses. By providing alcohol and drug-free events regularly, the organization seeks to create a safer environment for students, particularly freshmen, and keep them away from the binge-drinking scene prevalent in downtown areas.

On Friday and Saturday nights, the organization opens its doors, inviting students to gather and socialize, providing a haven away from the downtown party scene. They organize a variety of events, such as watching away football games, hosting clean movie nights, and numerous other activities designed to be as fun, if not more so, than going downtown to bars. The primary goal for these nights is the same as for their main events: to foster friendships with like-minded students and offer engaging activities that are as enjoyable, if not more so, than the downtown bar scene.

In essence, the Cmc Initiative Inc serves as a beacon of hope for students seeking a drug and alcohol-free environment, offering them a chance to connect with others and participate in enjoyable activities that promote a healthier lifestyle on college campuses.

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Impact




June, 2024

Cmc Initiative Inc's impact lies in providing a vital alternative to the downtown college drinking scene for students. By organizing alcohol and drug-free events and support on a regular basis in Atlanta, GA, they contribute to decreasing the number of students trapped in alcohol and drug abuse on college campuses. Through weekend events like open houses, movie nights, and other engaging activities, Cmc Initiative fosters a safe and enjoyable environment for students to socialize and build friendships, steering them away from the harmful effects of binge drinking. This initiative not only offers fun alternatives but also promotes mental health and well-being among college students.




This information is meant to be a general summary of Cmc Initiative 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.

Revenue
$279,261 (2022)
Expenses
$294,506 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3
  • Gross Receipts: $279,261

Assets and Liabilities:

  • Total Assets: $163,742
  • Total Liabilities: $0
  • Net Assets: $163,742

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Organization Details

Founding Year

2013

Principal Officer

Steve Shuler

Main Address

PO BOX 52301, ATLANTA, GA, 30355

NTEE Category

Code: F21 - Mental health

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