Celo Community Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 566049967 ✦ Burnsville, NC ✦ Designated as a 501(c)(4)

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Overview

What is Celo Community Inc?

Celo Community Inc is a nonprofit organization, situated beyond the provided details, that is dedicated to fostering community development. Their mission revolves around promoting and encouraging the advancement of communities, as stated in their description. While specific programs or initiatives aren't mentioned in the provided information, it's clear that Celo Community Inc aims to contribute positively to community growth and development.

Is Celo Community Inc legitimate?

Celo Community Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Celo Community 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

What is the mission statement of Celo Community Inc?

Celo Community Inc is committed to the promotion of community development. Their mission involves actively working towards enhancing and improving various aspects of community life. The organization strives to foster growth and development within the communities they serve, aiming to create environments that are sustainable and beneficial for all its inhabitants. Their activities are centered around community development, with a focus on uplifting the well-being and quality of life for the community members.

What is the revenue of Celo Community Inc?

Celo Community Inc's revenue in 2022 was $148,318.

Who are the executives of Celo Community Inc and what are their salaries?

There 10 volunteers at Celo Community Inc.

Here are 7 key members and their salaries:


Ward Mcallister (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Weisfeld (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Peck (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Hoover (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geeta Mcgahey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Bernstein (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Donovan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Celo Community Inc?

Celo Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Celo Community Inc

Celo Community Inc, as per its mission statement, is dedicated to fostering community development. This nonprofit organization strives to promote a sense of unity and progress within communities, working towards their betterment and enhancement. By focusing on community development, Celo Community Inc aims to create an environment where communities can thrive and grow, ultimately improving the lives of those who reside within them.

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Impact




October, 2024

Celo Community Inc plays a vital role in promoting community development in Burnsville, NC. By focusing on initiatives that enhance the welfare and quality of life for local residents, the organization actively engages in improving infrastructure, fostering social connections, and supporting economic growth. Its efforts contribute to building a more resilient and vibrant community, ensuring that residents have access to the resources and opportunities they need to thrive. The organization's commitment to community improvement fosters a collaborative environment where individuals work together to address challenges and create a sustainable future.




This information is meant to be a general summary of Celo Community 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.

Revenue
$148,318 (2022)
Expenses
$104,130 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,010
  • Program Service Revenue: $129,208
  • Gross Receipts: $148,318

Assets and Liabilities:

  • Total Assets: $9,773,506
  • Total Liabilities: $4,477,923
  • Net Assets: $5,295,583

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBER LOAN INT & RELAT

Revenue

$18,685

GROSS RENTS

Revenue

$32,233

MEMBER ASSESSMENTS

Revenue

$78,290

Organization Details

Founding Year

1938

Principal Officer

Paul Hoover

NTEE Category

Code: S31 - Community improvement

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