Overview
What is Catherine H Barber Memorial Shelter Inc?
Catherine H Barber Memorial Shelter Inc, situated in North Wilkesboro, NC, serves as a dedicated homeless housing program. Their primary goal is to offer a safe and temporary shelter for individuals who have lost their homes. The organization's mission is deeply rooted in providing aid to this vulnerable population, ensuring they have a place to rest and regroup during difficult times. While the information does not provide additional details about the services or support offered at the shelter, it is clear that Catherine H Barber Memorial Shelter Inc plays a crucial role in the community by offering shelter to those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Catherine H Barber Memorial Shelter Inc has received a solid Three-Star rating from Charity Navigator, reflecting its commitment to strong accountability and financial health. The rating is derived entirely from its performance in accountability and finance, where it notably scored a perfect 100% for having an entirely independent board and no material diversion of assets. This indicates a well-governed organization focused on maintaining transparency and ethical practices.
The shelter demonstrates exceptional fiscal responsibility, with a remarkably low liabilities to assets ratio of 0.02%, underscoring its stability and effective management of resources. Additionally, the high program expense ratio of 96.41% suggests that a significant majority of funds are directed towards its programs and services, ensuring that the majority of donations impact its mission directly.
While the organization shows strong performance in governance and financial management, the single beacon score limits the overall evaluation to just one aspect of the charity. Future assessments may benefit from broader criteria to evaluate the effectiveness and impact of the programs offered by the shelter.
This AI summary has been generated from information found on Charity Navigator.
Is Catherine H Barber Memorial Shelter Inc legitimate?
Catherine H Barber Memorial Shelter Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catherine H Barber Memorial Shelter 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: $41,606
For more financial information, click here
What is the mission statement of Catherine H Barber Memorial Shelter Inc?
The Catherine H Barber Memorial Shelter Inc, serving as a homeless housing program, is committed to providing a shelter for individuals who are homeless. Its mission is centered around offering a safe and supportive environment, aiming to help those in need regain stability and independence. The shelter's objective is to provide essential resources and a temporary home, fostering a sense of community and hope for a better future.
Who is the CEO of Catherine H Barber Memorial Shelter Inc?
Mary Smith is the Board Member of Catherine H Barber Memorial Shelter Inc.
What is the revenue of Catherine H Barber Memorial Shelter Inc?
Catherine H Barber Memorial Shelter Inc's revenue in 2022 was $599,620.
Who are the executives of Catherine H Barber Memorial Shelter Inc and what are their salaries?
The average compensation at Catherine H Barber Memorial Shelter Inc during 2022 was $13,869. There are 3 employees and 11 volunteers at Catherine H Barber Memorial Shelter Inc.
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Where can I find the form 990 for Catherine H Barber Memorial Shelter Inc?
Catherine H Barber Memorial Shelter Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Catherine H Barber Memorial Shelter Inc
Catherine H Barber Memorial Shelter Inc, as a homeless housing program, is dedicated to fulfilling its mission of providing a shelter for individuals who are currently homeless. This North Carolina-based organization's primary goal is to offer a safe and supportive environment for individuals in need, enabling them to regain their footing and begin the journey towards a more stable and secure future. By providing a shelter, Catherine H Barber Memorial Shelter Inc aims to alleviate some of the hardships faced by those without a permanent residence, offering them a temporary respite from the harsh realities of homelessness. In doing so, the organization seeks to contribute to the broader goal of addressing and ultimately eradicating homelessness as a societal issue.
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Impact
July, 2024
Catherine H Barber Memorial Shelter Inc provides a vital service by offering shelter to the homeless in North Wilkesboro, NC. Their impact includes providing a safe and warm place for those in need to find refuge and support. Through their mission of providing housing for the homeless, they contribute to the well-being of individuals facing housing insecurity in the community.
This information is meant to be a general summary of Catherine H Barber Memorial Shelter 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: $2,330
- Gross Receipts: $599,620
Assets and Liabilities:
- Total Assets: $1,074,753
- Total Liabilities: $217
- Net Assets: $1,074,536
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Organization Details
Founding Year
1987
Phone
(336) 667-7174Principal Officer
Mary Smith
Main Address
PO BOX 52, NORTH WILKESBORO, NC, 28659
NTEE Category
Code: L41 - Housing
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