Overview
What is Sacramento Consolidated Charities?
Sacramento Consolidated Charities, situated in Sacramento, California, is a nonprofit organization that owns and operates a bingo hall as a means to provide financial aid to charitable organizations and activities within the greater Sacramento area. Furthermore, they occasionally contribute to out-of-state disaster relief efforts. The primary goal of this corporation is to support 501(c)(3) exempt and other qualified non-profit organizations, ensuring their continued success by facilitating financial contributions through bingo operations and various other activities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
Sacramento Consolidated Charities has received a rating of 79%, reflecting a solid level of accountability and financial health. The organization demonstrates strong governance practices with a fully independent board of directors, showcasing effective oversight and decision-making. The charity also reports no material diversion of assets and has established comprehensive policies for conflict of interest and whistleblower protection.
In terms of financial efficiency, the charity maintains a program expense ratio of nearly 80%, indicating that a significant portion of its funds is directed towards fulfilling its mission. The liabilities to assets ratio is impressively low at 1.42%, suggesting a strong financial position with minimal debt. These attributes highlight the charity's commitment to transparency and responsible financial management.
While the overall score is commendable, potential donors may want to consider how the organization plans to sustain and grow its impact in the future. Ongoing monitoring of financial practices and program outcomes will be essential for maintaining trust and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Sacramento Consolidated Charities legitimate?
Sacramento Consolidated Charities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacramento Consolidated Charities 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: $600
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,852
For more financial information, click here
What is the mission statement of Sacramento Consolidated Charities?
Sacramento Consolidated Charities, as a corporation, aims to provide financial support to various 501(C)(3) exempt and qualified non-profit organizations, as well as their successors. They achieve this objective by operating a bingo facility and participating in other activities. The primary purpose of these efforts is to provide financial aid to charitable organizations and initiatives within the greater Sacramento area. Occasionally, they also extend their support to disaster relief efforts outside of the state.
What is the revenue of Sacramento Consolidated Charities?
Sacramento Consolidated Charities's revenue in 2022 was $0.
Who are the executives of Sacramento Consolidated Charities and what are their salaries?
The average compensation at Sacramento Consolidated Charities during 2022 was $13,452. There is 1 employee at Sacramento Consolidated Charities.
Here are 8 key members and their salaries:
- Compensation: $200
- Related: $0
- Other: $0
- Compensation: $200
- Related: $0
- Other: $0
- Compensation: $200
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sacramento Consolidated Charities?
Sacramento Consolidated Charities's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sacramento Consolidated Charities
Sacramento Consolidated Charities, as a non-profit organization, has a mission to provide financial support to various charitable organizations and their successors. This support is primarily accomplished through the operation of a bingo facility and other activities. The corporation's objective is to contribute financially to 501(c)(3) exempt and other qualified non-profit organizations, thereby aiding their causes and initiatives in the greater Sacramento area. Occasionally, Sacramento Consolidated Charities extends its support beyond the local region, offering donations during times of natural disasters outside of the state.
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Impact
October, 2024
Sacramento Consolidated Charities plays a vital role in the Greater Sacramento area by generating financial support for a variety of charitable organizations. Through the operation of a bingo facility, it channels resources directly to 501(c)(3) exempt organizations and other qualified nonprofits, empowering them to pursue their missions and serve the community effectively. The financial contributions not only bolster local charities but also extend support to those impacted by out-of-state disasters, ensuring that help reaches where it's needed most. By fostering a community spirit and facilitating charitable activities, Sacramento Consolidated Charities enhances the overall welfare of the region, creating a lasting positive impact.
This information is meant to be a general summary of Sacramento Consolidated Charities. 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.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1988
Principal Officer
Kevin Beers
NTEE Category
Code: Z99Z - Unknown
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