Overview
What is Carolinaeast Foundation?
Carolinaeast Foundation is a nonprofit organization situated in New Bern, North Carolina, specifically at 2007-B NEUSE BOULEVARD B. Their primary mission is to promote health within their region and support the local healthcare community. They accomplish this by granting funds and offering assistance to individuals and nonprofit healthcare organizations in Craven, Jones, Pamlico, Carteret, and Onslow Counties. These resources are intended to help people who face unmet healthcare needs within their service area. The foundation's work is dedicated to assisting individuals with healthcare challenges and supporting the local healthcare community.
Official website here: www.carolinaeastfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Carolinaeast Foundation has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance criteria. With an overall score exclusively derived from its accountability metrics, the foundation shows a commitment to transparency and responsible financial management. The absence of material diversion of assets underscores its operational integrity, making it a trustworthy organization in the nonprofit sector.
The foundation's governance is bolstered by a fully independent board of directors, which consists of 19 members, demonstrating a robust structure that encourages impartial oversight. Additionally, the organization has implemented comprehensive policies such as conflict of interest, whistleblower protections, and document retention, contributing to its high accountability score. These policies are essential for maintaining ethical standards and fostering trust among stakeholders.
Financially, Carolinaeast Foundation demonstrates strong program expenditures, with over 90% of its expenses directed towards programs. The low liabilities to assets ratio of 6.70% indicates a solid financial position, reducing risk and increasing sustainability. While the foundation has shown exemplary performance in various areas, continued vigilance and adherence to these standards will be crucial for maintaining its strong reputation and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Carolinaeast Foundation legitimate?
Carolinaeast Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carolinaeast 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.
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Official website here: www.carolinaeastfoundation.com
What is the mission statement of Carolinaeast Foundation?
The Carolinaeast Foundation's mission is centered around promoting health in its region. It aims to support the healthcare community and assist individuals with healthcare needs. The organization extends its wellness initiatives to individuals, families, and nonprofit healthcare organizations, providing grants and assistance to address unmet healthcare needs in Craven, Jones, Pamlico, Carteret, and Onslow counties. The foundation's objectives also involve helping those facing challenges in accessing necessary healthcare services.
Official website here: www.carolinaeastfoundation.com
Who is the CEO of Carolinaeast Foundation?
Jared Brinkley is the Board Member of Carolinaeast Foundation.
Official website here: www.carolinaeastfoundation.com
What is the revenue of Carolinaeast Foundation?
Carolinaeast Foundation's revenue in 2022 was $1,385,574.
Official website here: www.carolinaeastfoundation.com
Who are the executives of Carolinaeast Foundation and what are their salaries?
Here are 20 key members and their salaries:
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Official website here: www.carolinaeastfoundation.com
Where can I find the form 990 for Carolinaeast Foundation?
Carolinaeast Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.carolinaeastfoundation.com
Learn more at the official website: www.carolinaeastfoundation.com
Mission Statement of Carolinaeast Foundation
Carolinaeast Foundation, a nonprofit organization, is dedicated to promoting health in its region and supporting the healthcare community. Its mission extends beyond mere words; it involves actively assisting individuals with healthcare needs. By awarding grants and providing assistance, this organization aims to help those facing unmet healthcare needs in Craven, Jones, Pamlico, Carteret, and Onslow Counties. The ultimate goal of Carolinaeast Foundation is to enhance the well-being of individuals and families in its service area, thereby strengthening the healthcare community as a whole.
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Impact
July, 2024
Carolinaeast Foundation's impact is profound as it extends the gift of wellness to individuals, families, and healthcare organizations in Craven, Jones, Pamlico, Carteret, and Onslow counties. By awarding grants and assistance, the foundation helps those challenged with unmet healthcare needs throughout the service area. Their efforts promote health in the region, support the healthcare community, and assist individuals with healthcare needs, making a significant difference in the overall well-being of the community.
This information is meant to be a general summary of Carolinaeast 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: $156,607
- Program Service Revenue: $210,481
- Gross Receipts: $2,164,562
Assets and Liabilities:
- Total Assets: $4,134,984
- Total Liabilities: $73,137
- Net Assets: $4,061,847
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CRAVEN CANCER CLASSIC
Revenue
$79,207
BREAKFAST WITH SANTA
Revenue
$50,792
HAGEMAN SCHOLARSHIP DI
Revenue
$29,142
COLORS 4 CANCER RUN/WA
Revenue
$26,482
DINING OUT AGAINST CAN
Revenue
$24,858
Organization Details
Founding Year
1996
Phone
(252) 633-8247Principal Officer
Jared Brinkley
Main Address
2007-B NEUSE BOULEVARD B, NEW BERN, NC, 28560
NTEE Category
Code: E99 - Health
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