Overview
What is Caramore Community?
Caramore Community is a nonprofit organization located in Carrboro, North Carolina, specifically at 550 Smith Level Road. Their mission is to empower adults living with severe mental illness in North Carolina, providing them with the necessary tools to lead meaningful and independent lives. Caramore Community's approach is person-centered, recovery-focused, and community-integrated, creating a safe and supportive environment that encourages members to build skills, find employment, and achieve self-sufficiency. Their services include empowering adults to live fulfilling lives, promoting recovery, and fostering community integration. With a dedicated workforce of 109 individuals, Caramore Community is committed to making a positive impact on the lives of those affected by severe mental illness in North Carolina.
Official website here: www.caramore.org
What are the reviews and ratings of this charity?
91% Rating from Charity Navigator
Caramore Community has achieved a Four-Star out of Four Star rating from Charity Navigator, reflecting strong performance in accountability and finance. With a score of 91%, the organization demonstrates a high level of transparency and financial integrity, which is essential for building trust with donors and stakeholders.
The nonprofit boasts a fully independent board, with all 10 members contributing to its governance. Key financial indicators highlight the organization's efficient use of resources, with an impressive program expense ratio of 86.31%, signaling that a significant portion of funds is directed towards its mission-related activities. Additionally, there are no reported material diversions of assets, further validating its commitment to responsible stewardship.
However, Caramore Community has room for improvement in fundraising efficiency, as indicated by a low ratio of $0.002. This suggests that the organization could enhance its fundraising strategies to maximize revenue generation. Despite this limitation, overall, the nonprofit is positioned well in terms of financial management and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Caramore Community legitimate?
Caramore Community is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caramore Community 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: $145,273
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,280,917
For more financial information, click here
Official website here: www.caramore.org
What is the mission statement of Caramore Community?
The mission of Caramore Community is to empower adults living with severe and persistent mental illness, irrespective of their location, by providing them with the necessary tools to lead meaningful and independent lives. This organization operates a person-centered, recovery-focused, and community-integrated service, creating a safe and supportive environment where members can build skills, seek employment, and strive for self-sufficiency.
Official website here: www.caramore.org
Who is the CEO of Caramore Community?
David Chapman is the Chairperson of Caramore Community. The CEO's salary of Caramore Community is $117,590 and their total compensation is $147,604.
Official website here: www.caramore.org
What is the revenue of Caramore Community?
Caramore Community's revenue in 2022 was $2,770,485.
Official website here: www.caramore.org
Who are the executives of Caramore Community and what are their salaries?
The average compensation at Caramore Community during 2022 was $13,084. There are 109 employees and 8 volunteers at Caramore Community.
Here are 9 key members and their salaries (Caramore Community's CEO's salary is $117,590 and their total compensation is $147,604):
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- Compensation: $117,590
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- Other: $30,014
Official website here: www.caramore.org
Where can I find the form 990 for Caramore Community?
Caramore Community's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.caramore.org
Learn more at the official website: www.caramore.org
Mission Statement of Caramore Community
Caramore Community, a nonprofit organization, is dedicated to empowering adults struggling with severe mental illness in North Carolina. Their mission is to provide these individuals with the necessary tools to lead productive, independent, and meaningful lives. By offering person-centered, recovery-focused, community-integrated services, Caramore creates a safe and supportive environment where members can build vital skills, secure employment, and strive for self-sufficiency. This organization's services are designed to foster a sense of community and support, enabling members to overcome challenges and thrive.
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Impact
June, 2024
Caramore Community has a significant impact on empowering adults living with severe mental illness in North Carolina. Through their person-centered, recovery-focused, and community-integrated services, Caramore creates a safe and supportive environment where members can build skills, gain employment, and become self-sufficient. This organization plays a crucial role in helping individuals with mental illness lead meaningful and independent lives, ultimately contributing to their overall well-being and quality of life.
This information is meant to be a general summary of Caramore Community. 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
- Program Service Revenue: $798,719
- Gross Receipts: $2,770,485
Assets and Liabilities:
- Total Assets: $1,183,414
- Total Liabilities: $117,072
- Net Assets: $1,066,342
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VOCATIONAL PROGRAM
Revenue
$628,847
PARTICIPANT REIMBURSEM
Revenue
$169,872
Organization Details
Founding Year
1975
Phone
(919) 967-3402Principal Officer
David Chapman
Main Address
550 SMITH LEVEL ROAD, CARRBORO, NC, 27510
Website
www.caramore.orgNTEE Category
Code: F33 - Mental health
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