Overview
What is Third Sector Capital Partners Inc?
Third Sector Capital Partners Inc is a nonprofit organization situated in Boston, Massachusetts. With a team of 75 dedicated individuals, their mission is to transform public systems, ultimately aiming for improved and equitable outcomes. They have collaborated with six counties in Connecticut and the California Mental Health Oversight Commission (MHSOAC) through the fiscal intermediary, CALMHSA, to create data-driven improvements in serious mental illness programs across the state. This collaboration aims to optimize the use of Early Education and Care (EEC) funding streams to expand equitable access and reduce the burden on providers. Their work is centered around enhancing public systems for the betterment of various communities.
Official website here: www.thirdsectorcap.org/
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 97% (Four-Star out of Four Stars)**tar)**
Third Sector Capital Partners Inc. has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a high accountability score of 97%, the organization demonstrates significant financial integrity, including an independent board with a substantial majority of members. The organization has stringent policies in place regarding conflict of interest and whistleblower protections, contributing positively to its governance structure.
In terms of program efficiency, Third Sector effectively allocates a majority of its resources to programs, with a program expense ratio of 76.25%. This highlights a commitment to delivering on its mission and supporting impactful initiatives. Additionally, the organization has excelled in collecting constituent feedback, scoring a perfect 100 in this area, indicating a proactive approach to understanding the needs of its community.
However, it is worth noting that Third Sector Capital Partners Inc. has not been evaluated under the Impact & Measurement methodology, leaving a gap in understanding its long-term effectiveness and impact. Moreover, there are no user reviews available from GreatNonprofits, which could have provided further insights into community experiences and perceptions.
This AI summary has been generated from information found on Charity Navigator.
Is Third Sector Capital Partners Inc legitimate?
Third Sector Capital Partners Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Third Sector Capital Partners 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: $1,557,208
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,324,936
For more financial information, click here
Official website here: www.thirdsectorcap.org/
What is the mission statement of Third Sector Capital Partners Inc?
Third Sector Capital Partners Inc's mission is centered around transforming public systems to promote improved and equitable outcomes. They accomplish this by engaging in various collaborative initiatives, such as their ongoing project with six California counties and the MHSOAC (California Mental Health Oversight Commission), aimed at creating data-driven enhancements to serious mental illness programs across the state. Furthermore, they are actively working with CALMHSA (fiscal intermediary) to explore ways to optimize EEC funding streams, with the goal of expanding equitable access and alleviating the burden on providers.
Official website here: www.thirdsectorcap.org/
Who is the CEO of Third Sector Capital Partners Inc?
Caroline Whistler is the President & of Third Sector Capital Partners Inc.
Official website here: www.thirdsectorcap.org/
What is the revenue of Third Sector Capital Partners Inc?
Third Sector Capital Partners Inc's revenue in 2022 was $8,702,199.
Official website here: www.thirdsectorcap.org/
Who are the executives of Third Sector Capital Partners Inc and what are their salaries?
The average compensation at Third Sector Capital Partners Inc during 2022 was $78,429. There are 75 employees and 8 volunteers at Third Sector Capital Partners Inc.
Here are 20 key members and their salaries:
- Compensation: $299,914
- Related: $0
- Other: $29,316
- Compensation: $193,100
- Related: $0
- Other: $14,511
- Compensation: $197,614
- Related: $0
- Other: $30,935
- Compensation: $196,251
- Related: $0
- Other: $7,513
- Compensation: $170,895
- Related: $0
- Other: $6,797
- Compensation: $200,398
- Related: $0
- Other: $15,423
- Compensation: $222,534
- Related: $0
- Other: $28,443
- Compensation: $171,524
- Related: $0
- Other: $13,212
- Compensation: $174,372
- Related: $0
- Other: $6,903
- Compensation: $141,777
- Related: $0
- Other: $11,508
- Compensation: $154,419
- Related: $0
- Other: $13,167
- Compensation: $137,107
- Related: $0
- Other: $18,014
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thirdsectorcap.org/
Where can I find the form 990 for Third Sector Capital Partners Inc?
Third Sector Capital Partners Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thirdsectorcap.org/
Learn more at the official website: www.thirdsectorcap.org/
Mission Statement of Third Sector Capital Partners Inc
Third Sector Capital Partners Inc, as a mission-driven entity, is committed to transforming public systems with the goal of achieving improved and equitable outcomes. Their mission revolves around leveraging data-driven strategies to enhance programs focused on serious mental illnesses, aiming for statewide improvements across various regions. The organization has been actively supporting the Office of Early Childhood (OEC) in Connecticut, collaborating with six counties, the Mental Health Oversight Commission, and the California Mental Health Services Authority (CalMHSA) to improve funding streams for Early Education and Care (EEC). This initiative aims to expand equitable access and alleviate the burden on providers, ultimately contributing to better outcomes for those in need.
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Impact
July, 2024
Third Sector Capital Partners Inc is dedicated to transforming public systems to advance improved and equitable outcomes. One of their impactful projects includes collaborating with multiple counties and organizations to create data-driven improvements to serious mental illness programs across the state of California. They have been instrumental in understanding how funding streams can be enhanced to expand equitable access and reduce burden on providers in this critical area. Their work is aligned with their mission to drive positive change in public systems for the benefit of all.
This information is meant to be a general summary of Third Sector Capital Partners 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: $71,052
- Program Service Revenue: $4,227,763
- Gross Receipts: $8,702,199
Assets and Liabilities:
- Total Assets: $29,043,545
- Total Liabilities: $2,121,163
- Net Assets: $26,922,382
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$4,227,763
Organization Details
Founding Year
2012
Phone
(617) 912-8957Principal Officer
Caroline Whistler
Main Address
6 LIBERTY SQUARE SUITE 2319, BOSTON, MA, 02109
Website
www.thirdsectorcap.org/NTEE Category
Code: W99 - Public benefit
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