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The Caritas Community Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 621813401 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is The Caritas Community Inc?

The Caritas Community Inc, situated in Memphis, Tennessee, serves as a vital hub for the local community. Established at 2509 Harvard Ave, this nonprofit organization offers a central location for events, training, cultural, and educational classes. They also provide rental space to individuals and organizations within the area, thus acting as a community and cultural center. Additionally, they offer shelter as a community service and function as a gathering place for various community organizations. With a dedicated team of one employee, The Caritas Community Inc plays a significant role in enhancing the social and community life of its neighborhood.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.

The Caritas Community Inc has received a low rating of 33% from Charity Navigator, indicating significant concerns with its accountability and financial management. Although it has a fully independent board with no material diversion of assets, it has failed to meet critical transparency standards, such as providing a website listed on its tax form and a conflict of interest policy.

The organization demonstrates a poor program expense ratio of just 4.15%, suggesting that a minimal amount of its funds are dedicated to its programs, which is a major red flag for potential donors. Additionally, it lacks essential governance policies, including a whistleblower policy and document retention procedures, which could compromise operational integrity and accountability.

Overall, while The Caritas Community Inc has some strengths in its governance structure, the significant gaps in transparency and financial efficiency warrant caution for donors considering support.


This AI summary has been generated from information found on Charity Navigator.

Is The Caritas Community Inc legitimate?

The Caritas Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Caritas Community 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: $14,712

For more financial information, click here

What is the mission statement of The Caritas Community Inc?

The Caritas Community Inc's mission is centered around providing a central hub for the community. They offer rental spaces to local individuals and serve as a community and cultural center within the neighborhood area. Their activities encompass hosting events, providing training, and conducting cultural and educational classes. Additionally, they offer various services, including maintaining a shelter for the community and serving as a meeting place for local organizations.

Who is the CEO of The Caritas Community Inc?

John F Howell is the Treasurer of The Caritas Community Inc.

What is the revenue of The Caritas Community Inc?

The Caritas Community Inc's revenue in 2022 was $7,924.

Who are the executives of The Caritas Community Inc and what are their salaries?

The average compensation at The Caritas Community Inc during 2022 was $14,712. There is 1 employee at The Caritas Community Inc.


Here are 6 key members and their salaries:


Joni Laney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Iris Mercado (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Little (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Nelson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexa Brambrick (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John F Howell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Caritas Community Inc?

The Caritas Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Caritas Community Inc

The Caritas Community Inc, in its mission, serves as a central hub for the community, offering rental spaces to local individuals. This organization plays a significant role in fostering a sense of community and cultural unity within the area. By providing a central location, Caritas hosts a variety of events, trainings, cultural and educational classes, and other services. Additionally, Caritas has taken on the role of a community shelter, offering a safe space for residents in need. Furthermore, this nonprofit organization functions as a meeting place for various community organizations, thereby facilitating collaboration and mutual support.

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Impact




August, 2024

The Caritas Community Inc provides a central location for the community and offers rental space to individuals within the area. It serves as a neighborhood community and cultural center, hosting events, training sessions, cultural and educational classes, and other services. Caritas also maintains a shelter for the community and serves as a meeting place for organizations in the area. This organization's impact is evident in its role as a hub of community connection, support, and enrichment, contributing to the well-being and cohesion of the neighborhood in Memphis, TN.




This information is meant to be a general summary of The Caritas Community 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.

Revenue
$7,924 (2022)
Expenses
$109,455 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $143
  • Gross Receipts: $7,924

Assets and Liabilities:

  • Total Assets: $578,161
  • Total Liabilities: $1,456
  • Net Assets: $576,705

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Organization Details

Founding Year

2006

Principal Officer

John F Howell

Main Address

2509 Harvard Ave, Memphis, TN, 38112

NTEE Category

Code: N20 - Recreation

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