Overview
What is Capital Communications Cares Foundation?
Capital Communications Cares Foundation is a nonprofit organization situated in Albany, New York, with a focus on community health and wellness. It extends its support to charities working on finding cures for diseases, providing care for the sick, disabled, and elderly. Additionally, the foundation contributes to community food pantries, local libraries, and arts organizations. Beyond financial aid, the foundation also provides financial support for educational initiatives, community enrichment, and children's causes within the Capital District area.
Official website here: www.capcomcares.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
The Capital Communications Cares Foundation has achieved a Three-Star rating on Charity Navigator, reflecting a good level of accountability and financial transparency. The overall score is derived entirely from the Accountability & Finance beacon, which scored 77%. This rating indicates that while the organization demonstrates strong governance practices, there are areas, particularly related to financial ratios, that could be improved.
Strengths of the foundation include a fully independent board, robust financial statements, and the presence of essential policies such as conflict of interest and whistleblower protections. The organization scored particularly well in areas like program expense ratio, indicating that a significant portion of its budget is directed toward its programs rather than administrative costs.
However, a notable limitation is the high liabilities to assets ratio of 122.31%, which suggests that the foundation may have financial obligations that exceed its assets. This could raise concerns about financial sustainability moving forward. Overall, while the foundation has many strengths, potential donors and supporters should consider both its positive governance aspects and the financial challenges it faces.
This AI summary has been generated from information found on Charity Navigator.
Is Capital Communications Cares Foundation legitimate?
Capital Communications Cares Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Communications Cares Foundation 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
Official website here: www.capcomcares.org
What is the mission statement of Capital Communications Cares Foundation?
The Capital Communications Cares Foundation's mission is centered around providing financial aid for various initiatives. This includes education projects, community enrichment, and charities that support children's causes within the Capital District area. The organization also extends its support to initiatives aimed at finding cures for diseases, providing care for the sick, disabled, and elderly. Additionally, it contributes to community food pantries, local libraries, and arts organizations. In essence, the foundation is committed to improving the well-being of its community and supporting causes that positively impact children's lives.
Official website here: www.capcomcares.org
Who is the CEO of Capital Communications Cares Foundation?
Chris Mckenna is the Chairman of Capital Communications Cares Foundation.
Official website here: www.capcomcares.org
What is the revenue of Capital Communications Cares Foundation?
Capital Communications Cares Foundation's revenue in 2022 was $683,829.
Official website here: www.capcomcares.org
Who are the executives of Capital Communications Cares Foundation and what are their salaries?
There 6 volunteers at Capital Communications Cares Foundation.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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Official website here: www.capcomcares.org
Where can I find the form 990 for Capital Communications Cares Foundation?
Capital Communications Cares Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.capcomcares.org
Learn more at the official website: www.capcomcares.org
Mission Statement of Capital Communications Cares Foundation
Capital Communications Cares Foundation, a philanthropic organization, dedicates its resources towards supporting educational initiatives, enriching the community, and advocating for children's causes within the Capital District area. Their mission is multifaceted, focusing on providing financial aid to various sectors that align with these objectives.
In line with its mission, the foundation supports charities that are committed to finding cures for diseases, offering care to the sick, the disabled, and the elderly. This commitment extends to community food pantries, local libraries, and arts organizations, ensuring that these crucial institutions continue to serve their communities effectively. By doing so, Capital Communications Cares Foundation contributes to the overall well-being and strengthening of its local community.
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Impact
July, 2024
Capital Communications Cares Foundation's impact can be seen in its financial support for education endeavors, community enrichment, and children's causes within the Capital District area. The organization's community health and wellness program specifically targets charities working towards finding cures for diseases, caring for the sick, disabled, and elderly. Additionally, the foundation supports community food pantries, local libraries, and arts organizations in Albany, NY. Overall, its mission to provide financial support for various important causes has made a tangible difference in the welfare of individuals and communities within the Capital District area.
This information is meant to be a general summary of Capital Communications Cares Foundation. 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: $581
- Gross Receipts: $736,179
Assets and Liabilities:
- Total Assets: $203,504
- Total Liabilities: $248,923
- Net Assets: -$45,419
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Organization Details
Founding Year
2002
Phone
(518) 458-2195Principal Officer
Chris Mckenna
Main Address
4 WINNERS CIRCLE, ALBANY, NY, 12205
Website
www.capcomcares.orgNTEE Category
Code: B82 - Education
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