Overview
What is Central Louisville Community Ministries Inc?
Central Louisville Community Ministries Inc, situated at 809 South 4th Street, Louisville, Kentucky, is a nonprofit organization committed to assisting low-income residents in the central Louisville area. Their primary mission involves providing emergency aid for essential expenses such as rent, utilities, and medication. Beyond financial assistance, they also offer in-kind support, including food, clothing, personal care items, and haircut vouchers. With a team of five dedicated individuals, they have served a substantial number of 16,676 families, demonstrating their strong commitment to their community.
Official website here: www.centrallouisvillecm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Central Louisville Community Ministries Inc has received an 81% rating from Charity Navigator, indicating a solid performance in the realm of Accountability and Finance. This score is derived entirely from a single beacon score, showcasing that the organization is effectively managing its financial resources and governance practices, which is crucial for donor trust.
One of the standout strengths of the organization is its composition of an independent board, with 100% of its members being independent. This level of independence, along with a comprehensive set of policies for conflict of interest, whistleblower protection, and document retention, reflects a strong commitment to ethical governance. Additionally, the organization maintains a remarkable program expense ratio of 96.36%, suggesting that a significant portion of its funds goes directly towards its programs rather than administrative costs.
While the organization excels in financial accountability, it is essential to consider that the rating is based solely on financial metrics. This means that aspects such as operational effectiveness and community impact are not accounted for in the rating. Nevertheless, the absence of any material diversion of assets and a commendable liabilities-to-assets ratio further underscore the organization's financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Central Louisville Community Ministries Inc legitimate?
Central Louisville Community Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Louisville Community Ministries 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:
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Other Salaries and Wages: $104,300
For more financial information, click here
Official website here: www.centrallouisvillecm.org
What is the mission statement of Central Louisville Community Ministries Inc?
Central Louisville Community Ministries Inc's mission is centered around addressing the needs of low-income residents in their community. Specifically, the organization provides emergency assistance for essential expenses such as rent, utilities, and medication. In addition to financial aid, they offer in-kind assistance in the form of food, clothing, personal care items, and haircut vouchers. The goal is to help alleviate the immediate needs of families in distress, serving a total of 16,676 families.
Official website here: www.centrallouisvillecm.org
What is the revenue of Central Louisville Community Ministries Inc?
Central Louisville Community Ministries Inc's revenue in 2023 was $861,487.
Official website here: www.centrallouisvillecm.org
Who are the executives of Central Louisville Community Ministries Inc and what are their salaries?
The average compensation at Central Louisville Community Ministries Inc during 2023 was $26,075. There are 4 employees at Central Louisville Community Ministries Inc.
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Official website here: www.centrallouisvillecm.org
Where can I find the form 990 for Central Louisville Community Ministries Inc?
Central Louisville Community Ministries Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.centrallouisvillecm.org
Learn more at the official website: www.centrallouisvillecm.org
Mission Statement of Central Louisville Community Ministries Inc
Central Louisville Community Ministries, a dedicated nonprofit organization, is committed to addressing the needs of low-income residents in its community. In pursuit of this mission, the organization provides essential emergency assistance to its beneficiaries. This aid extends to covering vital expenses such as rent, utilities, and medication. Moreover, Central Louisville Community Ministries demonstrates its compassion by offering in-kind assistance. This includes essential items like food, clothing, personal care items, and even haircut vouchers. Through these initiatives, the nonprofit has served a total of 16,676 families, offering them a much-needed lifeline during challenging times.
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Impact
July, 2024
Central Louisville Community Ministries Inc has a significant impact on the low-income residents of the Central Louisville area. It provides crucial emergency assistance for rent, utilities, and medication to those in need. Additionally, the organization offers in-kind assistance such as food, clothing, personal care items, and haircut vouchers. Through its services, Central Louisville Community Ministries has served a total of 16,676 families, making a direct and tangible difference in the lives of those facing financial hardships in Louisville, KY.
This information is meant to be a general summary of Central Louisville Community Ministries 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 2023.
- Gross Receipts: $861,487
Assets and Liabilities:
- Total Assets: $122,190
- Total Liabilities: $27,186
- Net Assets: $95,004
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Organization Details
Founding Year
1985
Phone
(502) 587-1999Principal Officer
Linette Lowe
Main Address
809 SOUTH 4TH STREET, LOUSIVILLE, KY, 40203
Website
www.centrallouisvillecm.orgNTEE Category
Code: P60 - Human services
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