Overview
What is Chesterfield-Marlboro Counties Economic Opportunity Council Inc?
Chesterfield-Marlboro Counties Economic Opportunity Council Inc is a nonprofit organization situated in Cheraw, South Carolina. Their primary role involves administering grants from various governmental agencies and nonprofit corporations. They adhere strictly to the grantors' conditions and requirements, demonstrating a commitment to their funding sources. The organization's mission is to better the lives of individuals and communities by fostering a collaborative partnership, moving them from dependency to self-reliance. They achieve this through the provision of direct and indirect services within their service area, embodying the spirit of hope and improving the overall quality of life in the community. The Chesterfield-Marlboro Counties Economic Opportunity Council Inc has a dedicated workforce of 76 employees, ensuring they can effectively carry out their mission and deliver on their grant obligations. Their activities contribute to community action, ultimately making America a more inclusive and equitable place to live.
Official website here: www.cmeoc.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 84%, Three-Star out of Four Stars.
The Chesterfield-Marlboro Counties Economic Opportunity Council Inc has received an overall rating of 84%, indicating a strong performance in the area of Accountability and Finance. This rating is based on a comprehensive evaluation of various financial metrics and governance practices, ensuring that the organization maintains a solid financial footing and is accountable to its stakeholders.
Strengths of the organization include a fully independent board of directors and a high program expense ratio of 92.20%, which suggests that the majority of its funding is directed towards its programs rather than administrative costs. The organization also scores well on financial oversight, with no material diversions of assets reported, and it has posted its tax forms on its website, enhancing transparency.
However, there are notable limitations, particularly regarding governance policies. The organization lacks a conflict of interest policy and does not have a whistleblower policy or a document retention and destruction policy in place, which could raise concerns about its internal governance practices. Addressing these gaps could further strengthen its accountability and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Chesterfield-Marlboro Counties Economic Opportunity Council Inc legitimate?
Chesterfield-Marlboro Counties Economic Opportunity Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chesterfield-Marlboro Counties Economic Opportunity Council 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: $2,362,564
For more financial information, click here
Official website here: www.cmeoc.org
What is the mission statement of Chesterfield-Marlboro Counties Economic Opportunity Council Inc?
The Chesterfield-Marlboro Counties Economic Opportunity Council Inc's mission is centered around community improvement and fostering self-reliance. Through collaborative partnerships, they strive to help individuals and families transition from dependency to self-sufficiency. They achieve this goal by providing both direct and indirect services within their service area, adhering to the conditions and requirements set by the grantors from governmental agencies and nonprofit corporations. By doing so, the council aims to positively impact communities and contribute to making America a better place to live.
Official website here: www.cmeoc.org
Who is the CEO of Chesterfield-Marlboro Counties Economic Opportunity Council Inc?
Samuel Bass is the Board Member of Chesterfield-Marlboro Counties Economic Opportunity Council Inc.
Official website here: www.cmeoc.org
What is the revenue of Chesterfield-Marlboro Counties Economic Opportunity Council Inc?
Chesterfield-Marlboro Counties Economic Opportunity Council Inc's revenue in 2022 was $5,925,258.
Official website here: www.cmeoc.org
Who are the executives of Chesterfield-Marlboro Counties Economic Opportunity Council Inc and what are their salaries?
The average compensation at Chesterfield-Marlboro Counties Economic Opportunity Council Inc during 2022 was $31,086. There are 76 employees and 62 volunteers at Chesterfield-Marlboro Counties Economic Opportunity Council Inc.
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Official website here: www.cmeoc.org
Where can I find the form 990 for Chesterfield-Marlboro Counties Economic Opportunity Council Inc?
Chesterfield-Marlboro Counties Economic Opportunity Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cmeoc.org
Learn more at the official website: www.cmeoc.org
Mission Statement of Chesterfield-Marlboro Counties Economic Opportunity Council Inc
Chesterfield-Marlboro Counties Economic Opportunity Council Inc is an organization dedicated to making a positive impact on its community. Its mission, as stated, is to bring about change in people's lives, embodying hope and improving communities. Through a collaborative partnership, this nonprofit strives to move individuals and families from a state of dependency to self-reliance. It accomplishes this by providing both direct and indirect services within its service area.
In order to fulfill its mission, Chesterfield-Marlboro Counties Economic Opportunity Council Inc relies on financial assistance from governmental agencies and nonprofit corporations. The nonprofit is committed to adhering to the conditions and requirements set forth by these grantors. By effectively managing these grants, it is able to fund various services that help individuals and families in need. The ultimate goal of this organization is to contribute to a better America, one community at a time.
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Impact
July, 2024
Chesterfield-Marlboro Counties Economic Opportunity Council Inc impacts the community by moving individuals and families from dependency to self-reliance through direct and indirect services within the service area. This organization embodies the spirit of hope, improves communities, and makes America a better place to live. Administering grants from governmental agencies and corporations, Chesterfield-Marlboro Counties Economic Opportunity Council Inc complies with the grantors' conditions and requirements. Their focus on empowering individuals and families towards self-sufficiency has a significant impact on employment opportunities and overall community well-being.
This information is meant to be a general summary of Chesterfield-Marlboro Counties Economic Opportunity Council 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.
- Gross Receipts: $5,925,258
Assets and Liabilities:
- Total Assets: $3,000,486
- Total Liabilities: $409,539
- Net Assets: $2,590,947
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Organization Details
Founding Year
1965
Phone
(843) 320-9760Principal Officer
Samuel Bass
Main Address
PO BOX 877, CHERAW, SC, 29520
Website
www.cmeoc.orgNTEE Category
Code: J22Z - Employment
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