Overview
What is Alliance For A Bright Future Inc?
Alliance for a Bright Future Inc is a nonprofit organization situated in Cleveland, Ohio, specifically at 1530 Saint Clair Avenue, 44114. Its primary objective is to support Care Alliance, a 501(c)(3) organization, in meeting its real estate requirements. This includes construction, ownership, leasing, and operating properties. As a qualified active low-income community business recognized by the federal government, Alliance for a Bright Future Inc aims to contribute to Care Alliance's mission of providing medical and dental care to vulnerable populations such as the homeless and at-risk groups.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star rating
Alliance For A Bright Future Inc has achieved a strong rating of 91%, which indicates a high level of accountability and financial health. The rating is based on a comprehensive evaluation of the organization’s financial practices and governance, reflecting its dedication to transparency and effective management.
The organization stands out with a perfect score in key areas such as having a fully independent board of directors, with all ten members being independent. Additionally, it has no material diversion of assets and scores highly for its conflict of interest and whistleblower policies. The organization also shows a solid financial position, with liabilities to assets at 0.00%, which suggests a stable fiscal environment.
However, while the program expense ratio is commendable at 77.54%, indicating that a significant portion of its budget is directed towards its programs, there is always room for improvement in maximizing its programmatic impact. Overall, the organization demonstrates a robust commitment to accountability and financial responsibility, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Alliance For A Bright Future Inc legitimate?
Alliance For A Bright Future Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alliance For A Bright Future 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Alliance For A Bright Future Inc?
The Alliance for a Bright Future Inc. is dedicated to serving Care Alliance, a non-profit organization that provides medical and dental care to the homeless and other at-risk groups. Its mission revolves around supporting Care Alliance's real estate needs, specifically in areas of construction, ownership, leasing, and operation. This is done with the intent of benefiting Care Alliance as a Section 501(C)(3) organization, recognized as a "Qualified Active Low-Income Community Business" by the federal government.
Who is the CEO of Alliance For A Bright Future Inc?
Claude L Jones is the Chief Executive Officer of Alliance For A Bright Future Inc. The CEO's salary of Alliance For A Bright Future Inc is $0 and their total compensation is $336,943.
What is the revenue of Alliance For A Bright Future Inc?
Alliance For A Bright Future Inc's revenue in 2022 was $0.
Who are the executives of Alliance For A Bright Future Inc and what are their salaries?
There 5 volunteers at Alliance For A Bright Future Inc.
Here are 7 key members and their salaries (Alliance For A Bright Future Inc's CEO's salary is $0 and their total compensation is $336,943):
- 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: $141,908
- Other: $7,385
- Compensation: $0
- Related: $327,446
- Other: $9,497
Where can I find the form 990 for Alliance For A Bright Future Inc?
Alliance For A Bright Future Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alliance For A Bright Future Inc
Alliance for a Bright Future Inc is dedicated to serving Care Alliance, a nonprofit organization that offers medical and dental care to the homeless and other vulnerable groups. The mission of Alliance for a Bright Future Inc is to support Care Alliance in fulfilling its real estate needs, encompassing construction, ownership, leasing, and operation. This alliance is recognized as a "Qualified Active Low-Income Community Business" by the federal government, indicating its commitment to serving underprivileged communities. By managing Care Alliance's real estate needs, Alliance for a Bright Future Inc helps ensure that the organization can continue providing essential healthcare services to those in need.
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Impact
October, 2024
Alliance For A Bright Future Inc plays a crucial role in facilitating access to medical and dental care for the homeless and other at-risk groups in Cleveland, Ohio. By focusing on the real estate needs of Care Alliance, they help ensure that essential healthcare services are delivered in appropriate and accessible facilities. This organization acts as a vital support system, enhancing the capacities of Care Alliance to provide comprehensive healthcare, thereby improving the overall health and well-being of vulnerable populations. Additionally, as a recognized Qualified Active Low-Income Community Business, they contribute to economic revitalization efforts, further amplifying their positive impact within the community.
This information is meant to be a general summary of Alliance For A Bright Future 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.
Assets and Liabilities:
- Total Assets: $6,512,271
- Total Liabilities: $0
- Net Assets: $6,512,271
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Organization Details
Founding Year
2013
Phone
(216) 781-6228Principal Officer
Claude L Jones
Main Address
1530 SAINT CLAIR AVENUE, CLEVELAND, OH, 44114
NTEE Category
Code: E11 - Health
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