Overview
What is Beaufort County Committee Of 100 L?
Beaufort County Committee Of 100 L is a nonprofit organization situated in Washington, North Carolina (specifically at 108 Union Drive). Their primary mission is to stimulate economic growth and development in Beaufort County, North Carolina, by advocating for and supporting various economic development programs. This aim is driven by the desire to create new job opportunities for the county's citizens, thereby alleviating poverty, dependency, chronic unemployment, and underemployment. Additionally, the organization seeks to mitigate economic deterioration and community tension within the county.
Official website here: www.beaufortcountyc100.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43%, Zero-Star out of Four Star rating.
The Beaufort County Committee Of 100 L has received a low overall score of 43% from Charity Navigator, which indicates significant concerns regarding its accountability and financial management. Although the organization benefits from a fully independent board and shows no signs of asset diversion, it struggles with key transparency and operational policies that are lacking, such as a whistleblower policy and document retention procedures.
Strengths of the organization include a solid governance structure, with 100% of board members being independent, which is a positive indicator for stakeholders regarding the integrity of decision-making. However, the low program expense ratio of 28.30% raises questions about the efficiency of how funds are allocated towards its mission, suggesting that a majority of resources may not be directed towards programmatic activities.
Overall, the deficiencies in financial transparency and governance policies overshadow the positive aspects of the organization. For potential donors and supporters, these factors should be carefully considered, as the lack of essential policies and low program spending could imply challenges in fulfilling the nonprofit's mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Beaufort County Committee Of 100 L legitimate?
Beaufort County Committee Of 100 L is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beaufort County Committee Of 100 L 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:
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Official website here: www.beaufortcountyc100.com
What is the mission statement of Beaufort County Committee Of 100 L?
The mission of Beaufort County Committee Of 100 L is centered around alleviating poverty, dependency, chronic unemployment, and underemployment in the community. Their primary goal is to stimulate new job development and eliminate economic deterioration, thereby reducing community tension. To achieve this, they actively support various economic development programs, aiming to create new employment opportunities for the local citizens.
Official website here: www.beaufortcountyc100.com
Who is the CEO of Beaufort County Committee Of 100 L?
Stuart O'Neal is the President of Beaufort County Committee Of 100 L.
Official website here: www.beaufortcountyc100.com
What is the revenue of Beaufort County Committee Of 100 L?
Beaufort County Committee Of 100 L's revenue in 2023 was $74,874.
Official website here: www.beaufortcountyc100.com
Who are the executives of Beaufort County Committee Of 100 L and what are their salaries?
Here are 18 key members and their salaries:
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Official website here: www.beaufortcountyc100.com
Where can I find the form 990 for Beaufort County Committee Of 100 L?
Beaufort County Committee Of 100 L's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.beaufortcountyc100.com
Learn more at the official website: www.beaufortcountyc100.com
Mission Statement of Beaufort County Committee Of 100 L
The Beaufort County Committee of 100 L is dedicated to alleviating poverty, dependency, chronic unemployment, and underemployment in Beaufort County, North Carolina. Their mission is twofold: firstly, they aim to develop new job opportunities, and secondly, they strive to eliminate economic deterioration and community tension in the area. To accomplish this, the committee promotes economic development by supporting existing and new economic development programs. This proactive approach creates employment opportunities for the citizens of Beaufort County, ultimately contributing to the overall well-being and prosperity of the community.
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Impact
August, 2024
The Beaufort County Committee Of 100 L's impact is focused on relieving conditions of poverty, dependency, chronic unemployment, and underemployment in Beaufort County, North Carolina. By promoting economic development and supporting new and existing economic development programs, they aim to create new employment opportunities for the citizens of Beaufort County. Their mission is to eliminate economic deterioration and community tension in the area, ultimately working towards community improvement through sustainable job development initiatives.
This information is meant to be a general summary of Beaufort County Committee Of 100 L. 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 2023.
- Investment Income: $27,358
- Program Service Revenue: $21,708
- Gross Receipts: $74,874
Assets and Liabilities:
- Total Assets: $2,337,814
- Total Liabilities: $740
- Net Assets: $2,337,074
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BEAUFORT COUNTY
Revenue
$21,708
Organization Details
Founding Year
1985
Phone
(252) 946-3970Principal Officer
Stuart O'Neal
Main Address
108 UNION DRIVE, WASHINGTON, NC, 27889
Website
www.beaufortcountyc100.comNTEE Category
Code: S31 - Community improvement
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