Overview
What is 35 Catherine Street Inc?
35 Catherine Street Inc, with its operating name as Open Sky Community Services, is a nonprofit organization situated at 4 Mann Street, Worcester, MA 01602. Their primary focus is on promoting mental health services within the community, as well as pursuing educational and charitable purposes. Moreover, they are dedicated to providing affordable housing for individuals who live with psychiatric and/or developmental disabilities. This initiative aims to improve their overall living conditions and contribute positively to the community.
Official website here: www.openskycs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
35 Catherine Street Inc has received an overall score of 82%, indicating a solid level of accountability and financial management. This score is derived entirely from the Accountability & Finance category, where the organization has performed well across various metrics. Notably, the organization boasts a fully independent board and has demonstrated strong policies regarding conflict of interest and whistleblower protections.
The charity's financial practices are commendable, as evidenced by a 100% program expense ratio, suggesting that all of its expenses directly support its programs. However, there is a slight concern reflected in the liabilities to assets ratio, which scored zero out of fifteen, indicating potential financial stability issues that may warrant attention in the future.
While the organization demonstrates strong governance and transparency practices, the low score in the liabilities to assets category suggests that stakeholders should monitor financial health closely. Overall, 35 Catherine Street Inc appears to operate with integrity and a commitment to its mission, backed by its strong accountability measures.
This AI summary has been generated from information found on Charity Navigator.
Is 35 Catherine Street Inc legitimate?
35 Catherine Street Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 35 Catherine Street 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: $0
For more financial information, click here
Official website here: www.openskycs.org
What is the mission statement of 35 Catherine Street Inc?
35 Catherine Street Inc's mission is centered around providing affordable housing for individuals who are living with psychiatric and/or developmental disabilities. Beyond this, the organization also promotes mental health services within the community for various purposes, including educational and charitable initiatives.
Official website here: www.openskycs.org
Who is the CEO of 35 Catherine Street Inc?
Kenneth Bates is the President & Ceo of 35 Catherine Street Inc. The CEO's salary of 35 Catherine Street Inc is $0 and their total compensation is $360,508.
Official website here: www.openskycs.org
What is the revenue of 35 Catherine Street Inc?
35 Catherine Street Inc's revenue in 2022 was $79,438.
Official website here: www.openskycs.org
Who are the executives of 35 Catherine Street Inc and what are their salaries?
There 14 volunteers at 35 Catherine Street Inc.
Here are 21 key members and their salaries (35 Catherine Street Inc's CEO's salary is $0 and their total compensation is $360,508):
- Compensation: $0
- Related: $332,526
- Other: $27,982
- Compensation: $0
- Related: $231,583
- Other: $23,687
- Compensation: $0
- Related: $213,997
- Other: $7,996
- Compensation: $0
- Related: $189,107
- Other: $23,098
- Compensation: $0
- Related: $178,076
- Other: $13,020
- Compensation: $0
- Related: $150,501
- Other: $21,543
- Compensation: $0
- Related: $163,888
- Other: $5,179
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.openskycs.org
Where can I find the form 990 for 35 Catherine Street Inc?
35 Catherine Street Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.openskycs.org
Learn more at the official website: www.openskycs.org
Mission Statement of 35 Catherine Street Inc
35 Catherine Street Inc, as a nonprofit organization, is committed to providing affordable housing for individuals who live with psychiatric and/or developmental disabilities. Their mission extends beyond just housing, as they also aim to promote mental health services within the community for various purposes, including educational and charitable causes. This organization understands the importance of offering a supportive environment that caters to the unique needs of those struggling with mental health issues and developmental disabilities. By doing so, they contribute to the betterment of the community and help individuals lead more fulfilling lives.
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Impact
August, 2024
35 Catherine Street Inc's impact lies in providing crucial support and resources for individuals living with psychiatric and/or developmental disabilities by offering affordable housing. Through their mission to promote mental health services to the community, they contribute to enhancing the well-being and quality of life for those in need. Additionally, their educational and charitable initiatives serve to uplift and empower these individuals, fostering a more inclusive and supportive environment in Worcester, MA.
This information is meant to be a general summary of 35 Catherine Street 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 2022.
- Investment Income: $6
- Program Service Revenue: $79,432
- Gross Receipts: $79,438
Assets and Liabilities:
- Total Assets: $596,946
- Total Liabilities: $593,336
- Net Assets: $3,610
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$79,432
Organization Details
Founding Year
2002
Phone
(508) 755-0333Principal Officer
Kenneth Bates
Main Address
4 MANN STREET, WORCESTER, MA, 01602
Website
www.openskycs.orgNTEE Category
Code: L20 - Housing
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