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Capital Investing In Development And Employment Of Adults Inc

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

EIN: 742893041 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Capital Investing In Development And Employment Of Adults Inc?

Capital Investing in Development and Employment of Adults Inc., located in Austin, Texas, is a nonprofit organization dedicated to supporting unemployed and underemployed adults in Central Texas. Their mission is to empower these individuals by providing them with long-term training and resources, enabling them to secure economically self-sufficient jobs. With a team of 35 employees, this organization offers essential services to aid in their clients' career growth and self-sufficiency.


Official website here: www.capitalidea.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 100% - Four-Star out of Four Star Rating

Capital Investing In Development And Employment Of Adults Inc has achieved an impressive Four-Star rating from Charity Navigator, signifying exceptional accountability and financial health. The organization scored 100% in the Accountability & Finance category, reflecting robust governance practices, including a fully independent board and comprehensive financial oversight. Their strong program expense ratio of 84.60% indicates that the majority of their resources are directed towards fulfilling their mission.

User feedback highlights the impactful work of Capital IDEA, which focuses on preventing individuals from falling into poverty by providing access to education and job training. The organization supports nontraditional students, often facing significant barriers, by covering essential costs such as tuition, books, and childcare. This proactive approach not only addresses immediate needs but also lays the groundwork for long-term stability and economic mobility for its clients and their families.

While the feedback is overwhelmingly positive, focusing on the effectiveness of their programs, the organization may face challenges in scaling its efforts to reach a broader population. Nonetheless, the commitment to education as a means to end poverty is evident, and their successful outcomes, particularly in producing skilled professionals like nurses, reinforce the value of their approach.


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

Is Capital Investing In Development And Employment Of Adults Inc legitimate?

Capital Investing In Development And Employment Of Adults Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Investing In Development And Employment Of Adults 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: $191,238
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,753,301

For more financial information, click here


Official website here: www.capitalidea.org

What is the mission statement of Capital Investing In Development And Employment Of Adults Inc?

Capital Investing In Development And Employment Of Adults Inc is committed to assisting unemployed and underemployed adults in Central Texas to secure economically stable and self-sufficient jobs. The organization's mission is achieved through delivering long-term training and support services, enabling individuals to gain the necessary skills and opportunities to enter these jobs. The primary focus is on providing adults with the tools they need to achieve financial independence and stability. The organization's activities aim to empower these individuals, improving their chances of securing sustainable employment and improving their overall quality of life.


Official website here: www.capitalidea.org

Who is the CEO of Capital Investing In Development And Employment Of Adults Inc?

Joy Penticuff is the Treasurer of Capital Investing In Development And Employment Of Adults Inc.


Official website here: www.capitalidea.org

What is the revenue of Capital Investing In Development And Employment Of Adults Inc?

Capital Investing In Development And Employment Of Adults Inc's revenue in 2022 was $6,132,895.


Official website here: www.capitalidea.org

Who are the executives of Capital Investing In Development And Employment Of Adults Inc and what are their salaries?

The average compensation at Capital Investing In Development And Employment Of Adults Inc during 2022 was $55,558. There are 35 employees and 70 volunteers at Capital Investing In Development And Employment Of Adults Inc.


Here are 14 key members and their salaries:


Paul Skeith (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Navarrete (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy Penticuff (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Gillam (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Garza (Alumni Rep)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Wyman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
T Carlos Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Enrique Saenz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trenton Henrichson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sammy Hall Sr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Huckabee (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Jackobs (Executive Directors (Oct. - Mar.))
  • Compensation: $108,111
  • Related: $0
  • Other: $27,967
Alyssia Woods (Executive Director (Jul. - Sept.))
  • Compensation: $0
  • Related: $0
  • Other: $2,759


Official website here: www.capitalidea.org

Where can I find the form 990 for Capital Investing In Development And Employment Of Adults Inc?

Capital Investing In Development And Employment Of Adults Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.capitalidea.org

Learn more at the official website: www.capitalidea.org

Mission Statement of Capital Investing In Development And Employment Of Adults Inc

Capital Investing in Development and Employment of Adults Inc, as an organization, is committed to a noble mission. Their primary objective is to extend a helping hand to unemployed and underemployed adults residing in Central Texas. With a focus on economic self-sufficiency, this nonprofit aims to provide these individuals with the necessary tools and support needed to secure sustainable growth jobs. Through long-term training and services, Capital Investing in Development and Employment of Adults Inc empowers these adults to overcome their employment challenges and achieve financial independence. By offering this assistance, the organization contributes significantly to the betterment of the Central Texas community.

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Impact




July, 2024

Capital Investing In Development And Employment Of Adults Inc's impact is significant in Central Texas, where it helps unemployed and underemployed adults gain access to economically self-sufficient jobs. By providing long-term training and support services, the organization equips individuals with the skills and resources needed to secure sustainable employment opportunities. This, in turn, not only enhances the economic well-being of these individuals but also contributes to the overall growth and stability of the community. Through its mission to empower adults in Central Texas, the organization plays a vital role in addressing the challenges of unemployment and underemployment, ultimately fostering positive social and economic outcomes for both individuals and the region as a whole.




This information is meant to be a general summary of Capital Investing In Development And Employment Of Adults 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
$6,132,895 (2022)
Expenses
$4,834,241 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,474
  • Program Service Revenue: $146,897
  • Gross Receipts: $6,132,895

Assets and Liabilities:

  • Total Assets: $4,507,484
  • Total Liabilities: $77,510
  • Net Assets: $4,429,974

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Employer Partners

Revenue

$146,897

Organization Details

Founding Year

1998

Principal Officer

Joy Penticuff

Main Address

835 N Pleasant Valley Rd, Austin, TX, 78702

NTEE Category

Code: P20 - Human services

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