Overview
What is Carereach Inc?
Carereach Inc, situated in Marion, North Carolina, is a dedicated nonprofit organization aiming to be a vital component of the health and safety network in Western North Carolina. By acting as a bridge between the medical system, community resources, and community members, Carereach Inc works creatively to address complex health issues. Their primary mission involves providing care coordination across medical, behavioral health, and social service systems in the region. This holistic approach allows them to offer direct services, support programs, and health initiatives, ultimately aiming to improve the overall health and well-being of individuals in Western North Carolina.
Official website here: www.carereachnc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
Carereach Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finances with an overall score of 94%. The rating emphasizes the charity's commitment to transparency and responsible financial management, which is crucial for building trust with donors and stakeholders.
The organization demonstrates exceptional governance, with 100% of its board members being independent, ensuring unbiased decision-making. Additionally, Carereach Inc holds a robust financial oversight structure, earning full marks for its audit and oversight committee, as well as having a clear conflict of interest policy and a whistleblower policy in place. These strengths indicate a well-managed nonprofit dedicated to ethical practices.
While the program expense ratio stands at 68.72%, indicating that a significant portion of expenses goes towards its programs, it slightly falls short of the maximum score in this area. Nevertheless, the low liabilities to assets ratio of 9.94% suggests that the organization maintains a healthy financial position, allowing it to effectively carry out its mission. Overall, Carereach Inc appears to be a reliable and responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Carereach Inc legitimate?
Carereach Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carereach 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $610,606
For more financial information, click here
Official website here: www.carereachnc.org
What is the mission statement of Carereach Inc?
Carereach Inc's mission is centered around providing care coordination, bridging gaps between the medical, behavioral health, and social service systems. Their primary goal is to enhance the overall health and well-being of individuals by acting as a partner within the health safety net system. They aim to creatively solve complex health problems by facilitating connections between the medical system, community resources, and community members. Carereach Inc's approach involves offering direct services, support programs, and health initiatives to address these challenges effectively.
Official website here: www.carereachnc.org
What is the revenue of Carereach Inc?
Carereach Inc's revenue in 2024 was $1,062,092.
Official website here: www.carereachnc.org
Who are the executives of Carereach Inc and what are their salaries?
The average compensation at Carereach Inc during 2024 was $53,893. There are 13 employees at Carereach Inc.
Here are 9 key members and their salaries:
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- Compensation: $50,186
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- Other: $10,659
Official website here: www.carereachnc.org
Where can I find the form 990 for Carereach Inc?
Carereach Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.carereachnc.org
Learn more at the official website: www.carereachnc.org
Mission Statement of Carereach Inc
Carereach Inc, a nonprofit organization, is committed to bridging connections between the medical system, community resources, and community members in Western North Carolina. Their mission is to provide care coordination across medical, behavioral health, and social service systems. In essence, they aim to be a crucial partner in the health safety net system of the region. By doing so, Carereach Inc seeks to creatively solve complex health problems through direct services, support programs, and health initiatives. They strive to improve the overall well-being of the community by acting as an intermediary, ensuring that individuals have access to the resources they need to overcome various health challenges.
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Impact
July, 2024
Carereach Inc's impact is profound in Western North Carolina, particularly in the city of Marion. Through its comprehensive care coordination services across medical, behavioral health, and social service systems, Carereach acts as a vital partner in the region's health safety net. By forging connections between the medical system, community resources, and individuals in need, Carereach creatively addresses complex health issues through direct support programs and health initiatives. Their mission to provide care coordination plays a crucial role in enhancing the well-being and access to healthcare for the community in Western North Carolina.
This information is meant to be a general summary of Carereach 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 2024.
- Investment Income: $17,906
- Program Service Revenue: $298,312
- Gross Receipts: $1,062,092
Assets and Liabilities:
- Total Assets: $1,414,820
- Total Liabilities: $140,724
- Net Assets: $1,274,096
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$298,312
Organization Details
Founding Year
1998
Principal Officer
Joseph D Jones
Website
www.carereachnc.orgNTEE Category
Code: E60 - Health
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