Overview
What is Chatt Foundation?
Chatt Foundation, also known as Chattanooga Church Ministries, is a nonprofit organization situated in Chattanooga, Tennessee. Their primary mission is to aid the local homeless population by providing permanent supportive housing and a day center. This approach aims to offer long-term solutions and essential support services to those in need, thereby contributing to the betterment of the Chattanooga area's homeless community.
Official website here: www.homelesschattanooga.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
The Chatt Foundation has earned a perfect score of 100% from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization boasts an independent board composed entirely of 43 members, which enhances its governance structure. Additionally, the foundation has received top scores across various financial metrics, demonstrating effective resource management and a solid program expense ratio of 86.50%.
Financially, the Chatt Foundation exhibits exemplary practices, with no reported issues such as material diversion of assets or loans to/from officers. The foundation's whistleblower and conflict of interest policies are well-documented, contributing to a culture of integrity. Its commitment to transparency is further illustrated by ensuring that tax forms are accessible both to the board prior to filing and on its website.
Despite its strengths, the evaluation primarily focuses on financial metrics, which, while comprehensive, may not fully capture the broader impact of the foundation's programs. However, the data available indicates that the Chatt Foundation operates with commendable efficiency and accountability, making it a trustworthy nonprofit for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Chatt Foundation legitimate?
Chatt Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chatt Foundation 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: $264,341
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,019,323
For more financial information, click here
Official website here: www.homelesschattanooga.org
What is the mission statement of Chatt Foundation?
The Chatt Foundation, through its affiliation with Chattanooga Church Ministries, aims to assist the homeless population. They accomplish this mission by providing permanent supportive housing and operating a day center. Their primary goal is to offer a supportive environment for those in need, fostering their well-being and independence. By doing so, the foundation seeks to improve the lives of the homeless individuals in their community.
Official website here: www.homelesschattanooga.org
Who is the CEO of Chatt Foundation?
David Costellow is the CEO of Chatt Foundation The CEO's salary of Chatt Foundation is $64,981 and their total compensation is $69,868.
Official website here: www.homelesschattanooga.org
What is the revenue of Chatt Foundation?
Chatt Foundation's revenue in 2022 was $2,340,641.
Official website here: www.homelesschattanooga.org
Who are the executives of Chatt Foundation and what are their salaries?
The average compensation at Chatt Foundation during 2022 was $18,338. There are 70 employees and 2700 volunteers at Chatt Foundation.
Here are 52 key members and their salaries (Chatt Foundation's CEO's salary is $64,981 and their total compensation is $69,868):
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- Compensation: $64,981
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- Other: $4,887
Official website here: www.homelesschattanooga.org
Where can I find the form 990 for Chatt Foundation?
Chatt Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.homelesschattanooga.org
Learn more at the official website: www.homelesschattanooga.org
Mission Statement of Chatt Foundation
Chatt Foundation, a nonprofit organization, is dedicated to assisting the homeless population in the Chattanooga area. Their mission is carried out through Chattanooga Church Ministries, which provides supportive housing and a day center as key services. This nonprofit aims to make a positive impact on the lives of those in need, offering permanent housing solutions and a safe space where individuals can access various resources. By providing these essential services, Chatt Foundation works tirelessly to improve the living conditions and overall well-being of the homeless community in Chattanooga.
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Impact
July, 2024
Chatt Foundation's impact includes benefiting the Chattanooga area homeless population through permanent supportive housing and a day center in Chattanooga, TN. Their work focuses on providing essential resources and support to individuals experiencing homelessness, ultimately helping to improve their quality of life and empower them to rebuild their futures.
This information is meant to be a general summary of Chatt Foundation. 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: $18,401
- Program Service Revenue: $117,459
- Gross Receipts: $3,232,887
Assets and Liabilities:
- Total Assets: $9,638,614
- Total Liabilities: $124,162
- Net Assets: $9,514,452
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS & MISC INCOME
Revenue
$77,482
RECYCLE
Revenue
$39,977
Organization Details
Founding Year
1982
Principal Officer
Vanessa Blevins
Website
www.homelesschattanooga.orgNTEE Category
Code: X20 - Religion related
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