Overview
What is National Center For Employee Ownership?
The National Center for Employee Ownership (NCEO) is a renowned nonprofit organization committed to fostering employee ownership. Located in the realm of practical resources and unbiased information, the NCEO serves businesses, employees, and the general public. As a self-sustaining entity, it offers a multitude of resources, including sponsored events, publications, training sessions, outreach programs, and research. Their mission in 2021 is to strengthen employee ownership by providing these services to their members, thereby contributing to the well-being of both businesses and individuals.
Official website here: www.nceo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The National Center For Employee Ownership has earned an 83% rating from Charity Navigator, reflecting a solid performance in the realm of accountability and finance. This rating is based solely on their accountability metrics, indicating that the organization is effectively managing its resources and adheres to financial best practices.
Strengths of the organization include a high percentage of independent board members and strong financial oversight, with no material diversion of assets reported. The charity's commitment to transparency is evident in their comprehensive financial statements and documented board meeting minutes. Additionally, they have established policies for conflict of interest and whistleblower protections, reinforcing their dedication to ethical governance.
However, while the organization boasts a commendable program expense ratio of 63.05%, there is room for improvement in maximizing program spending relative to their overall financial resources. Enhancing the allocation of funds towards their programs could further elevate their impact and effectiveness in serving their mission.
This AI summary has been generated from information found on Charity Navigator.
Is National Center For Employee Ownership legitimate?
National Center For Employee Ownership is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Center For Employee Ownership 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: $532,802
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,400,173
For more financial information, click here
Official website here: www.nceo.org
What is the mission statement of National Center For Employee Ownership?
The National Center for Employee Ownership (NCEO) is a nonprofit organization committed to fostering the growth of employee ownership. It achieves this by offering practical resources and unbiased information to businesses, employees, and the public at large. Serving as a member services provider, the NCEO organizes events, publishes materials, conducts trainings, engages in outreach, and carries out research, all aimed at promoting employee ownership in 2021.
Official website here: www.nceo.org
What is the revenue of National Center For Employee Ownership?
National Center For Employee Ownership's revenue in 2023 was $4,442,185.
Official website here: www.nceo.org
Who are the executives of National Center For Employee Ownership and what are their salaries?
The average compensation at National Center For Employee Ownership during 2023 was $80,541. There are 24 employees and 20 volunteers at National Center For Employee Ownership.
Here are 27 key members and their salaries:
- Compensation: $149,248
- Related: $0
- Other: $13,650
- Compensation: $147,018
- Related: $0
- Other: $15,422
- Compensation: $125,618
- Related: $0
- Other: $17,056
- Compensation: $122,373
- Related: $0
- Other: $15,528
- Compensation: $114,324
- Related: $0
- Other: $11,810
- Compensation: $113,887
- Related: $0
- Other: $8,684
- Compensation: $111,078
- Related: $0
- Other: $8,958
- Compensation: $101,763
- Related: $0
- Other: $6,395
- Compensation: $30,693
- Related: $0
- Other: $1,841
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Compensation: $0
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- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nceo.org
Where can I find the form 990 for National Center For Employee Ownership?
National Center For Employee Ownership's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nceo.org
Learn more at the official website: www.nceo.org
Mission Statement of National Center For Employee Ownership
The National Center for Employee Ownership, a self-sustaining non-profit organization, is dedicated to fostering the growth of employee ownership. Its mission is threefold: to offer practical resources, provide objective and reliable information, and promote the thriving of employee ownership among businesses, employees, and the public at large. The organization serves as a member services provider, hosting events, publishing materials, offering trainings, conducting outreach, and conducting research to support its members in 2021. Its aim is to empower businesses and employees through employee ownership, offering them the tools and knowledge needed to navigate and succeed in this model.
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Impact
July, 2024
The National Center for Employee Ownership's impact lies in fostering the growth and success of employee ownership by providing essential resources and unbiased information to businesses, employees, and the general public. Through sponsored events, publications, training sessions, outreach initiatives, and research efforts, this organization has significantly contributed to advancing the concept of shared ownership in the workplace. By promoting employee ownership, the NCEO is actively working towards enhancing workplace culture, increasing employee engagement, and promoting economic sustainability within communities.
This information is meant to be a general summary of National Center For Employee Ownership. 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 2023.
- Investment Income: $66,039
- Program Service Revenue: $3,060,726
- Gross Receipts: $4,451,519
Assets and Liabilities:
- Total Assets: $2,969,675
- Total Liabilities: $1,383,111
- Net Assets: $1,586,564
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Consulting and research
Revenue
$595,467
Digital publications
Revenue
$179,402
Events and webinars
Revenue
$2,285,857
Organization Details
Founding Year
1981
Principal Officer
Loren Rodgers
Website
www.nceo.orgNTEE Category
Code: S40 - Community improvement
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