Overview
What is Community Apartments Corporation Of Caldwell County?
Community Apartments Corporation of Caldwell County is a nonprofit organization situated in Raleigh, North Carolina. The primary focus of this organization is to offer housing solutions for individuals struggling with mental illness. Their mission is deeply rooted in providing a safe and supportive environment for these individuals, aiming to enhance their quality of life. The organization operates with dedication and commitment, ensuring that those in need have access to stable housing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Stars
Community Apartments Corporation Of Caldwell County has received a One-Star rating, indicating significant concerns regarding its financial accountability. The rating is derived solely from a score in the Accountability & Finance category, which reflects a 58% performance. This score suggests that while some aspects of the organization are sound, there are notable deficiencies that could affect trust and reliability.
The organization demonstrates strengths in having a fully independent board and maintaining a high program expense ratio, which indicates that a substantial portion of its resources is directed towards its mission. Specifically, it scored perfectly in areas such as the proportion of independent board members and the documentation of board meeting minutes, reflecting good governance practices. However, the high liabilities-to-assets ratio raises serious questions about its financial health, as it exceeds the acceptable threshold significantly.
Overall, while Community Apartments Corporation Of Caldwell County shows promise in governance and program spending, its financial stability appears to be concerning, warranting caution for potential donors and stakeholders. The organization would benefit from addressing its financial liabilities to improve its overall rating and build greater confidence among supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Community Apartments Corporation Of Caldwell County legitimate?
Community Apartments Corporation Of Caldwell County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Apartments Corporation Of Caldwell County 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:
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What is the mission statement of Community Apartments Corporation Of Caldwell County?
Community Apartments Corporation of Caldwell County's mission, as outlined, is centered around providing housing for individuals struggling with mental illness. The organization's activities are geared towards offering a shelter and living space for these individuals, aiming to support their well-being and improve their quality of life. The corporation's mission essentially aims to provide a safe and suitable home environment for people battling mental health issues. While the information provided does not detail specific objectives or approaches, it is clear that the organization's focus is on housing and care for the mentally ill.
Who is the CEO of Community Apartments Corporation Of Caldwell County?
John Nash is the Director of Community Apartments Corporation Of Caldwell County.
What is the revenue of Community Apartments Corporation Of Caldwell County?
Community Apartments Corporation Of Caldwell County's revenue in 2022 was $53,392.
Who are the executives of Community Apartments Corporation Of Caldwell County and what are their salaries?
There 12 volunteers at Community Apartments Corporation Of Caldwell County.
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Where can I find the form 990 for Community Apartments Corporation Of Caldwell County?
Community Apartments Corporation Of Caldwell County's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Apartments Corporation Of Caldwell County
Community Apartments Corporation of Caldwell County, as its mission statement suggests, is dedicated to providing housing for individuals grappling with mental illness. This organization plays a crucial role in offering a shelter for those in need, catering specifically to individuals struggling with mental health issues. By offering housing, the Corporation aims to create an environment that fosters stability and support, enabling these individuals to focus on their recovery and well-being.
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Impact
August, 2024
Community Apartments Corporation Of Caldwell County's impact is focused on providing vital housing services for individuals suffering from mental illness in Raleigh, North Carolina. By offering stable and supportive housing options, the organization plays a crucial role in helping this vulnerable population access safe and secure living arrangements. This enables these individuals to receive the care and assistance they need to improve their overall well-being and quality of life. Through its mission-driven work, the organization is making a significant difference in the lives of those facing mental health challenges in the community.
This information is meant to be a general summary of Community Apartments Corporation Of Caldwell County. 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: $172
- Program Service Revenue: $19,580
- Gross Receipts: $53,392
Assets and Liabilities:
- Total Assets: $578,088
- Total Liabilities: $695,743
- Net Assets: -$117,655
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent Revenue
Revenue
$19,580
Organization Details
Founding Year
1999
Phone
(919) 782-4632Principal Officer
John Nash
Main Address
353 E Six Forks Road Suite 300, Raleigh, NC, 27609
NTEE Category
Code: L21 - Housing
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