Overview
What is Charles Lea Industrial Corporation?
Charles Lea Industrial Corporation is a nonprofit organization situated in Spartanburg, South Carolina, specifically at 195 Burdette Street. Their primary mission is to create a conducive work environment for individuals with disabilities and special needs. With a workforce of 130 dedicated individuals, this organization strives to provide employment opportunities, thereby contributing positively to the community. The corporation's activities are centered around offering a meaningful work experience, thereby enhancing the lives of those who may face challenges in securing employment due to their unique circumstances.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Stars)
Charles Lea Industrial Corporation has received a Two-Star rating from Charity Navigator, indicating a score of 71%. This rating is primarily based on the organization’s Accountability & Finance metrics, reflecting solid governance and financial practices. Notably, the charity boasts a fully independent board, demonstrating strong oversight, with 100% of its members being independent.
The organization also scores well in several key areas, such as having no material diversion of assets and a high program expense ratio of 95.36%, which suggests that a significant portion of its expenditures is directed towards its mission. Additionally, the presence of a conflict of interest policy and documented board meeting minutes further enhances its accountability.
However, while the scores in these areas are commendable, the overall Two-Star rating indicates that there are still areas for improvement. The charity’s Accountability & Finance score alone does not account for other potential factors that may impact its overall effectiveness or programmatic impact, which could be a limitation for potential donors looking for a more comprehensive view of the organization’s performance.
This AI summary has been generated from information found on Charity Navigator.
Is Charles Lea Industrial Corporation legitimate?
Charles Lea Industrial Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charles Lea Industrial Corporation 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: $482,557
For more financial information, click here
What is the mission statement of Charles Lea Industrial Corporation?
The Charles Lea Industrial Corporation is dedicated to providing a working environment for individuals with disabilities and special needs. Their mission is centered around offering employment opportunities, fostering an inclusive work setting where these individuals can contribute and thrive. By doing so, they aim to enhance their overall quality of life and promote their independence. The corporation's activities are primarily focused on creating a suitable work environment that caters to the unique needs of these individuals, enabling them to develop skills, gain work experience, and build self-confidence.
Who is the CEO of Charles Lea Industrial Corporation?
Robert Decker is the Chair of Charles Lea Industrial Corporation.
What is the revenue of Charles Lea Industrial Corporation?
Charles Lea Industrial Corporation's revenue in 2022 was $1,115,379.
Who are the executives of Charles Lea Industrial Corporation and what are their salaries?
The average compensation at Charles Lea Industrial Corporation during 2022 was $3,712. There are 130 employees at Charles Lea Industrial Corporation.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Charles Lea Industrial Corporation?
Charles Lea Industrial Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Charles Lea Industrial Corporation
Charles Lea Industrial Corporation, a notable entity, is dedicated to providing a conducive work environment for adults with disabilities and special needs. Their mission is centered around creating employment opportunities for this group of individuals, offering them a chance to contribute and grow in a supportive setting. By establishing a work environment within the corporation, Charles Lea Industrial Corporation aims to foster independence and self-worth among its employees, thereby contributing to their overall well-being and integration into society.
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Impact
July, 2024
Charles Lea Industrial Corporation has a significant impact on the community by providing meaningful work opportunities for adults with disabilities and special needs. By offering a supportive work environment, this organization empowers individuals who may face challenges in traditional employment settings to contribute to society and develop valuable skills. Through their mission to provide employment opportunities for those with disabilities, Charles Lea Industrial Corporation enables these individuals to lead more independent and fulfilling lives.
This information is meant to be a general summary of Charles Lea Industrial Corporation. 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.
- Program Service Revenue: $1,115,379
- Gross Receipts: $1,115,379
Assets and Liabilities:
- Total Assets: $305,480
- Total Liabilities: $108,077
- Net Assets: $197,403
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES - LOCAL BUS
Revenue
$1,115,379
Organization Details
Founding Year
1985
Phone
(864) 585-0322Principal Officer
Robert Decker
Main Address
195 BURDETTE STREET, SPARTANBURG, SC, 29307
NTEE Category
Code: J30 - Employment
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