Overview
What is The Good Fellows Club Inc?
The Good Fellows Club Inc, situated in Charlotte, North Carolina, is a compassionate nonprofit organization that offers emergency financial assistance to families in need. Their mission is to help families in crisis situations, preventing homelessness and ensuring their basic human necessities are met. These necessities include providing essentials such as shelter, utilities, food, and medicine. In the year ending December 31, 2022, they extended financial aid, food, shelter, utilities, and medicine to over 1,400 working families, totaling $1,245,142. With a dedicated team of three individuals, The Good Fellows Club Inc has become a vital resource for families facing financial hardship in Charlotte and its surrounding areas.
Official website here: www.goodfellowsclub.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star Rating.
The Good Fellows Club Inc has received a solid rating of 87%, highlighting its overall effectiveness and strong performance in various operational areas. The organization excels in accountability and finance, with a score of 88, and maintains a high program expense ratio of 96.91%, indicating that most of its expenditures are directed towards its mission-related activities. Additionally, 100% of its board members are independent, which is a positive indicator of governance and oversight.
While the organization demonstrates several strengths, there are a few notable limitations in its policies. The lack of a whistleblower policy and a document retention and destruction policy may raise concerns regarding transparency and governance practices. Despite these gaps, The Good Fellows Club Inc has no reported material diversion of assets, which further underscores its financial integrity.
Overall, The Good Fellows Club Inc appears to be a well-managed nonprofit with a commitment to its mission, but it may benefit from enhancing its governance policies to ensure comprehensive accountability. The organization's high impact and measurement score of 84 also reflects its effectiveness in achieving its goals within the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Good Fellows Club Inc legitimate?
The Good Fellows Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Good Fellows Club 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: $169,659
For more financial information, click here
Official website here: www.goodfellowsclub.org
What is the mission statement of The Good Fellows Club Inc?
The Good Fellows Club Inc's mission is centered around providing emergency financial assistance. In situations of crisis, their primary objective is to prevent homelessness and ensure the basic human needs of families are met. This includes providing shelter, utilities, food, and medicine. The organization strives to offer this aid to a significant number of working families, as evidenced by their assistance of over 1,400 families, amounting to $1,245,142, in the year ending December 31, 2022.
Official website here: www.goodfellowsclub.org
Who is the CEO of The Good Fellows Club Inc?
Peter Pappas is the Chairman of The Good Fellows Club Inc.
Official website here: www.goodfellowsclub.org
What is the revenue of The Good Fellows Club Inc?
The Good Fellows Club Inc's revenue in 2022 was $1,685,406.
Official website here: www.goodfellowsclub.org
Who are the executives of The Good Fellows Club Inc and what are their salaries?
The average compensation at The Good Fellows Club Inc during 2022 was $56,553. There are 3 employees and 15 volunteers at The Good Fellows Club Inc.
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Official website here: www.goodfellowsclub.org
Where can I find the form 990 for The Good Fellows Club Inc?
The Good Fellows Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodfellowsclub.org
Learn more at the official website: www.goodfellowsclub.org
Mission Statement of The Good Fellows Club Inc
The Good Fellows Club Inc, a nonprofit organization, is dedicated to providing emergency financial assistance to families in crisis situations. Their mission is twofold: firstly, to prevent homelessness by offering financial aid, and secondly, to meet the basic human needs of those in need, including shelter, utilities, food, and medicine. By providing this assistance, The Good Fellows Club Inc aims to alleviate the hardships faced by over 1,400 working families annually, contributing a total of $1,245,142 towards their well-being as per the data from the year ending December 31, 2022.
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Impact
July, 2024
The Good Fellows Club Inc's impact is significant in providing emergency financial assistance to families in Charlotte, NC, and surrounding areas. They have helped over 1,400 working families by providing financial assistance, food, shelter, utilities, and medicine, amounting to $1,245,142 for the year ending December 31, 2022. Their mission is to prevent homelessness and fulfill the basic human needs of families in crisis situations.
This information is meant to be a general summary of The Good Fellows Club 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: $72
- Gross Receipts: $1,852,592
Assets and Liabilities:
- Total Assets: $2,538,446
- Total Liabilities: $0
- Net Assets: $2,538,446
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Organization Details
Founding Year
1935
Phone
(704) 374-1108Principal Officer
Peter Pappas
Main Address
700 PARKWOOD AVENUE, CHARLOTTE, NC, 282052699
Website
www.goodfellowsclub.orgNTEE Category
Code: N50Z - Recreation
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