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Charlotte Rescue Mission Endowment

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

EIN: 472414761 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Charlotte Rescue Mission Endowment?

Charlotte Rescue Mission Endowment is a nonprofit organization, situated in Charlotte, North Carolina, with the primary mission of managing and overseeing funds intended for the benefit of Charlotte Rescue Mission. Established at 907 W 1ST STREET, this charitable entity's primary purpose is to secure and manage financial resources, enabling Charlotte Rescue Mission to carry out its mission of providing assistance to those in need. Although the information provided does not detail the specific goals or services of Charlotte Rescue Mission, it is clear that the Endowment plays a crucial role in supporting its operations.

Is Charlotte Rescue Mission Endowment legitimate?

Charlotte Rescue Mission Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charlotte Rescue Mission Endowment 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 Charlotte Rescue Mission Endowment?

The Charlotte Rescue Mission Endowment is established with the primary objective of receiving, holding, and managing funds intended for the benefit of the Charlotte Rescue Mission. Its mission is centered around ensuring the proper management and utilization of these funds to support the initiatives and programs of Charlotte Rescue Mission. The endowment serves as a vital financial resource, contributing to the organization's continued operations and efforts in providing aid and support to those in need.

Who is the CEO of Charlotte Rescue Mission Endowment?

Rev Tony Marciano is the Principal Officer of Charlotte Rescue Mission Endowment. The CEO's salary of Charlotte Rescue Mission Endowment is $0 and their total compensation is $209,466.

What is the revenue of Charlotte Rescue Mission Endowment?

Charlotte Rescue Mission Endowment's revenue in 2022 was $598,026.

Who are the executives of Charlotte Rescue Mission Endowment and what are their salaries?

There 12 volunteers at Charlotte Rescue Mission Endowment.


Here are 14 key members and their salaries (Charlotte Rescue Mission Endowment's CEO's salary is $0 and their total compensation is $209,466):


Kevin Farley (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Divittorrio (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Russell (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Cooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Drain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Osterhus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Preston (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudie Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kerrigan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Martella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Shumate (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Marciano Ii (President & Ceo)
  • Compensation: $0
  • Related: $143,349
  • Other: $66,117
Brian Bara (Chief Financial Officer)
  • Compensation: $0
  • Related: $74,616
  • Other: $27,409
Where can I find the form 990 for Charlotte Rescue Mission Endowment?

Charlotte Rescue Mission Endowment's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Charlotte Rescue Mission Endowment

The Charlotte Rescue Mission Endowment is a dedicated entity that serves a vital role in supporting the Charlotte Rescue Mission. Its primary mission is to receive, manage, and oversee funds intended for the betterment of the Charlotte Rescue Mission. This organization acts as a financial steward, ensuring that the funds it manages are utilized effectively and efficiently to further the mission of the Charlotte Rescue Mission. By receiving and managing these funds, the Charlotte Rescue Mission Endowment plays a crucial role in sustaining and enhancing the work of the Charlotte Rescue Mission, ultimately contributing to its success and impact in the community.

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Impact




October, 2024

The Charlotte Rescue Mission Endowment plays a crucial role in providing financial support that directly benefits the Charlotte Rescue Mission. By receiving, holding, and managing funds, the Endowment ensures that vital resources are available for initiatives focused on housing and other essential services for those in need within the community. This sustained financial backing enables the Charlotte Rescue Mission to effectively address homelessness and support recovery programs, creating a lasting positive impact on the lives of individuals and families in Charlotte, NC. Through its careful management of funds, the Endowment helps to secure a brighter future for vulnerable populations, fostering stability and independence.




This information is meant to be a general summary of Charlotte Rescue Mission Endowment. 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
$598,026 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $41,198
  • Gross Receipts: $598,026

Assets and Liabilities:

  • Total Assets: $1,984,743
  • Total Liabilities: $262,302
  • Net Assets: $1,722,441

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Organization Details

Founding Year

2014

Principal Officer

Rev Tony Marciano

Main Address

907 W 1ST STREET, CHARLOTTE, NC, 28202

NTEE Category

Code: L12 - Housing

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