Overview
What is Columbus Home Assn Of Quincy Inc?
Columbus Home Assn Of Quincy Inc is a nonprofit organization situated in Quincy, Illinois. With a workforce of 50 individuals, their primary mission is to allocate funds to local charitable organizations. By doing so, they contribute to various community initiatives and programs, aiming to benefit the Quincy area and its residents. The organization operates with a focus on providing financial support to these charitable entities, thereby contributing to the betterment of the community as a whole.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Columbus Home Assn Of Quincy Inc received a 67% score from Charity Navigator, reflecting a Two-Star rating. The charity demonstrates strong governance practices, with 100% of its board members being independent and an adequate board size, which contributes positively to its overall evaluation. It also shows no material diversion of assets, indicating sound financial management.
Financially, the organization maintains a liabilities to assets ratio of just 1.98%, suggesting a stable financial position. Additionally, it allocates 100% of its expenses towards program activities, highlighting a commitment to its mission. However, while the organization's accountability and finance scores are respectable, there may be opportunities for improvement to enhance its rating further and increase donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Columbus Home Assn Of Quincy Inc legitimate?
Columbus Home Assn Of Quincy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbus Home Assn Of Quincy 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: $139,874
For more financial information, click here
What is the mission statement of Columbus Home Assn Of Quincy Inc?
Columbus Home Assn Of Quincy Inc's mission is centered around providing financial assistance to local charitable organizations. By operating in this manner, the association aims to contribute to the betterment of their community. The primary activity of this organization involves the allocation of funds to various charitable entities, thereby supporting various social causes and initiatives in the local area. This mission statement underscores the association's commitment to making a positive impact on the community by providing essential resources to charitable organizations.
Who is the CEO of Columbus Home Assn Of Quincy Inc?
Terry Obert is the President of Columbus Home Assn Of Quincy Inc.
What is the revenue of Columbus Home Assn Of Quincy Inc?
Columbus Home Assn Of Quincy Inc's revenue in 2022 was $470,065.
Who are the executives of Columbus Home Assn Of Quincy Inc and what are their salaries?
The average compensation at Columbus Home Assn Of Quincy Inc during 2022 was $2,797. There are 50 employees at Columbus Home Assn Of Quincy Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Columbus Home Assn Of Quincy Inc?
Columbus Home Assn Of Quincy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Columbus Home Assn Of Quincy Inc
Columbus Home Assn Of Quincy Inc, as a nonprofit organization, is dedicated to providing financial support to local charitable institutions. Their primary mission is to allocate funds to various community-focused organizations in need, aiming to foster a positive impact on the local community as a whole. By channeling resources to these charities, they aim to contribute to the betterment of the community's social, educational, and welfare services. The association's activities revolve around this objective, making it a crucial partner in supporting the noble causes of various local charitable organizations.
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Impact
July, 2024
Columbus Home Assn Of Quincy Inc's impact lies in its significant contribution towards supporting local charitable organizations in Quincy, IL. Through its operational focus on providing funds to these organizations, Columbus Home Assn plays a crucial role in enhancing the capacity of these charitable groups to carry out their missions and serve the community. This financial support helps in addressing various social issues, promoting community well-being, and empowering local initiatives aimed at improving the quality of life for residents in Quincy and beyond. The organization's commitment to providing funds to local charities underscores its dedication to fostering a culture of giving and philanthropy, making a positive impact on the community as a whole.
This information is meant to be a general summary of Columbus Home Assn Of Quincy 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: $8,610
- Program Service Revenue: $215,870
- Gross Receipts: $597,026
Assets and Liabilities:
- Total Assets: $353,510
- Total Liabilities: $7,516
- Net Assets: $345,994
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DRIVING RANGE AND PAR 3 COURS
Revenue
$95,555
RENT
Revenue
$34,682
VOLLEYBALL
Revenue
$25,434
SOFTBALL
Revenue
$22,640
BBQ
Revenue
$21,141
Organization Details
Principal Officer
Terry Obert
Main Address
700 SOUTH 36TH ST, QUINCY, IL, 62305
NTEE Category
Code: Y40 - Mutual benefit
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