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Cherry Hill Town Center Inc

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

EIN: 522013649 ✦ Timonium, MD ✦ Designated as a 501(c)(3)

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Overview

What is Cherry Hill Town Center Inc?

Cherry Hill Town Center Inc, managed by Associated Catholic Charities, Inc., serves as a vital community hub in Timonium, Maryland. Within its premises, residents can access essential amenities like a bank, barber shop, prepared meals, laundry facilities, and a public library. Furthermore, the Town Center offers crucial services such as a health center, a WIC program, and a daycare center. All these services aim to enhance the quality of life for the neighborhood inhabitants. The organization's mission aligns with that of Associated Catholic Charities, Inc., which seeks to help Marylanders in need, inspired by the teachings of the Gospel.


Official website here: www.cc-md.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)

Cherry Hill Town Center Inc has received a solid Three-Star rating from Charity Navigator, reflecting an 81% score in accountability and finance for the fiscal year 2023. This score indicates that the organization demonstrates a commendable level of financial responsibility and transparency, which is crucial for building trust with donors and stakeholders.

The organization excels in several areas, earning top marks for its financial statements, material diversion of assets, and conflict of interest policies. It maintains a high program expense ratio of 93.22%, suggesting that a significant portion of its funds is directed toward its charitable activities rather than administrative costs. This focus on program expenses reinforces its commitment to fulfilling its mission effectively.

However, the rating is solely based on the accountability and finance score, which means that additional aspects such as impact metrics or community feedback were not considered in this assessment. While the organization shows strong financial health, prospective donors might seek further information about its overall effectiveness and the tangible outcomes of its programs.


This AI summary has been generated from information found on Charity Navigator.

Is Cherry Hill Town Center Inc legitimate?

Cherry Hill Town Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cherry Hill Town Center 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: $84,225

For more financial information, click here


Official website here: www.cc-md.org

What is the mission statement of Cherry Hill Town Center Inc?

The Cherry Hill Town Center Inc, affiliated with Associated Catholic Charities, Inc., operates with a mission inspired by the Gospel mandates to love, serve, and teach. This mission translates into providing care and services to enhance the lives of those in need. The Town Center serves as a vital hub for the neighborhood, offering amenities such as a bank, barber shop, prepared foods, laundry, and a public library, along with essential services like a health center, WIC program, and daycare. Associated Catholic Charities, Inc., in its mission, aims to uphold these principles, thereby contributing to the betterment of the community.


Official website here: www.cc-md.org

Who is the CEO of Cherry Hill Town Center Inc?

William J Mccarthy Jr is the Secretary of Cherry Hill Town Center Inc.


Official website here: www.cc-md.org

What is the revenue of Cherry Hill Town Center Inc?

Cherry Hill Town Center Inc's revenue in 2022 was $2,922,408.


Official website here: www.cc-md.org

Who are the executives of Cherry Hill Town Center Inc and what are their salaries?


Here are 5 key members and their salaries:


William J Mccarthy Jr (Secretary)
  • Compensation: $0
  • Related: $429,647
  • Other: $32,628
Scott W Becker (Treasurer (Through February 6, 2022))
  • Compensation: $0
  • Related: $222,437
  • Other: $30,371
Kevin Keegan (Division Director)
  • Compensation: $0
  • Related: $199,823
  • Other: $29,875
Theresa D Becks (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah I Beckwith (Treasurer (Started February 7, 20220)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cc-md.org

Where can I find the form 990 for Cherry Hill Town Center Inc?

Cherry Hill Town Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cc-md.org

Learn more at the official website: www.cc-md.org

Mission Statement of Cherry Hill Town Center Inc

Cherry Hill Town Center Inc, managed by Associated Catholic Charities, Inc., carries out its mission inspired by the Gospel's teachings to love, serve, and educate. This mission translates into the organization providing essential care and services to enhance the lives of individuals in need. Situated in the neighborhood, Cherry Hill Town Center acts as a vital hub, offering amenities such as a bank, barber shop, prepared meals, laundry facilities, and a public library. Moreover, it houses key services like a health center, WIC program, and daycare, catering to the community's needs effectively.

Associated Catholic Charities, Inc., the parent organization, is dedicated to this mission. By offering Cherry Hill Town Center as a focal point in the neighborhood, they strive to make a positive impact on the lives of those in need. Through the provision of these essential services, the organization aims to foster a sense of community and support, ultimately working towards the betterment of its beneficiaries.

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Impact




July, 2024

Cherry Hill Town Center Inc, operated by Associated Catholic Charities, Inc., plays a crucial role in the neighborhood by providing essential amenities and services. These include a barber shop, prepared foods, laundry, public library, health center, WIC program, and daycare. By offering these services, Cherry Hill Town Center Inc contributes directly to the community's well-being and quality of life. This nonprofit organization's impact is significant in supporting the local residents and fulfilling the mission of Associated Catholic Charities, Inc.




This information is meant to be a general summary of Cherry Hill Town Center 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.

Revenue
$2,922,408 (2022)
Expenses
$908,101 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2
  • Program Service Revenue: $671,986
  • Gross Receipts: $2,922,408

Assets and Liabilities:

  • Total Assets: $5,229,431
  • Total Liabilities: $2,293,838
  • Net Assets: $2,935,593

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Rental Income

Revenue

$504,855

Common Area Maintenance

Revenue

$167,131

Organization Details

Founding Year

1997

Principal Officer

William J Mccarthy Jr

Main Address

2300B Dulaney Valley Road, Timonium, MD, 21093

NTEE Category

Code: S30 - Community improvement

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