Overview
What is Lenoir Committee Of 100 Inc?
Lenoir Committee Of 100 Inc, a nonprofit organization situated in Kinston, North Carolina, primarily focuses on fostering economic development projects benefiting the residents of Lenoir County. Their mission is to allocate funds to projects deemed advantageous for the local community. Through their initiatives, they have attracted industries, leading to the creation of employment opportunities and overall growth within the region. The organization operates with a minimal workforce of one individual.
Official website here: www.lenoircountyc100.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
The Lenoir Committee Of 100 Inc has earned a 76% rating from Charity Navigator, reflecting a decent level of accountability and financial health. The overall score is based entirely on its Accountability & Finance metrics, which bodes well for potential donors looking for transparency and reliability in charitable contributions.
Strengths of the organization include a fully independent board composed of 21 members, with no material diversion of assets reported. Additionally, the charity has an impressive program expense ratio of 83.26%, indicating that a significant majority of its funds are directed towards its programs rather than administrative expenses. However, the organization does lack certain governance policies, such as a conflict of interest policy and whistleblower policy, which are noted shortcomings in terms of best practices.
Despite these limitations, the charity's strong performance in financial management and commitment to program spending suggests it is a responsible steward of donations. Potential supporters may want to consider the missing governance policies when making their decisions.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lenoir Committee Of 100 Inc?
100% of the three reviewers on Facebook recommend the Lenoir Committee of 100 Inc. Here is a summary of their reviews:
The feedback highlights the organization's significant role in assisting families, particularly during transitions. One reviewer specifically noted how helpful the committee was in their family's move to Kinston, indicating that the nonprofit provides valuable support to those in need.
Though limited in number, the reviews reflect a high level of satisfaction with the services offered by the Lenoir Committee of 100 Inc, suggesting that the nonprofit effectively fulfills its mission to assist the community.
This AI summary has been generated from reviews found on Facebook.
Is Lenoir Committee Of 100 Inc legitimate?
Lenoir Committee Of 100 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lenoir Committee Of 100 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: $16,500
For more financial information, click here
Official website here: www.lenoircountyc100.com
What is the mission statement of Lenoir Committee Of 100 Inc?
The Lenoir Committee of 100 Inc. is an organization with a mission to provide funding for economic development projects that are beneficial to the community. Their primary goal is to contribute to projects that can positively impact the local citizens. In the past, they have provided funding to industrial projects, attracted new industries, and created employment opportunities for residents. Their activities aim to enhance the local economy and improve the livelihoods of the community members.
Official website here: www.lenoircountyc100.com
What is the revenue of Lenoir Committee Of 100 Inc?
Lenoir Committee Of 100 Inc's revenue in 2023 was $53,021.
Official website here: www.lenoircountyc100.com
Who are the executives of Lenoir Committee Of 100 Inc and what are their salaries?
The average compensation at Lenoir Committee Of 100 Inc during 2023 was $16,500. There is 1 employee at Lenoir Committee Of 100 Inc.
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Official website here: www.lenoircountyc100.com
Where can I find the form 990 for Lenoir Committee Of 100 Inc?
Lenoir Committee Of 100 Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lenoircountyc100.com
Learn more at the official website: www.lenoircountyc100.com
Mission Statement of Lenoir Committee Of 100 Inc
Lenoir Committee of 100 Inc, a nonprofit organization, is dedicated to promoting economic development projects that are advantageous to the citizens of Lenoir County, North Carolina. Their primary mission is to provide financial aid for such projects, aiming to attract industries and generate employment opportunities within Kinston and Lenoir County. By supporting these economic development initiatives, Lenoir Committee of 100 Inc aims to contribute positively to the local community, ultimately benefiting its residents.
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Impact
August, 2024
The Lenoir Committee of 100 Inc has significantly impacted the community of Lenoir County, North Carolina by providing funding for economic development projects that have attracted industry, created employment opportunities, and improved the overall quality of life for residents. Through their support of industrial projects, they have played a key role in stimulating economic growth, enhancing the local job market, and fostering prosperity in Kinston and the surrounding areas. Their commitment to funding initiatives that benefit the citizens of Lenoir County demonstrates their dedication to promoting community improvement and sustainable development.
This information is meant to be a general summary of Lenoir Committee Of 100 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4,821
- Program Service Revenue: $48,200
- Gross Receipts: $53,021
Assets and Liabilities:
- Total Assets: $429,488
- Total Liabilities: $173
- Net Assets: $429,315
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CORPORATE MEMBERSHIPS
Revenue
$41,000
INDIVIDUAL MEMBERSHIPS
Revenue
$7,200
Organization Details
Principal Officer
Dan Sale
Website
www.lenoircountyc100.comNTEE Category
Code: S300 - Community improvement
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