Overview
What is Cedar Hill Shares Inc?
Cedar Hill Shares Inc is a compassionate nonprofit organization located in Cedar Hill, Texas. With a strong community focus, their primary mission is to combat hunger by providing essential food and school supplies to families in need. Operating a food pantry, they serve as a vital resource for families facing financial hardships. The organization's work is a collective community effort aimed at alleviating hunger in their city. Employing a team of nine dedicated individuals, Cedar Hill Shares Inc plays a significant role in supporting their local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating.
Cedar Hill Shares Inc has earned a solid Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. The organization scored 86% in this sector, highlighting its commitment to responsible financial management. The high marks are attributed to various factors, including an entirely independent board and thorough financial audits, indicating a well-structured governance framework.
The nonprofit showcases impressive financial health, with a program expense ratio of 94.02%, demonstrating that a significant portion of its funding directly supports its programs. Additionally, the organization has no material diversion of assets, and it maintains a robust conflict of interest policy, reinforcing its integrity and transparency. The board's independent nature further strengthens its governance.
While the overall score is commendable, it is important for potential donors to consider that this rating is solely based on accountability and finance, without broader assessments of impact or program effectiveness. Despite this limitation, Cedar Hill Shares Inc appears to maintain strong financial practices and governance standards.
This AI summary has been generated from information found on Charity Navigator.
Is Cedar Hill Shares Inc legitimate?
Cedar Hill Shares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Hill Shares 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: $40,630
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,267
For more financial information, click here
What is the mission statement of Cedar Hill Shares Inc?
Cedar Hill Shares Inc, as an organization, is committed to addressing hunger within its community. Its mission is centered around alleviating hunger, working as a collective effort within the city. The organization operates a food pantry, providing essential food items and school supplies to families in need. This community-driven initiative aims to ensure that no individuals go without nourishment, thereby contributing to a more sustainable and equitable community.
Who is the CEO of Cedar Hill Shares Inc?
Neil Bolton is the Executive Dir. of Cedar Hill Shares Inc.
What is the revenue of Cedar Hill Shares Inc?
Cedar Hill Shares Inc's revenue in 2022 was $1,048,498.
Who are the executives of Cedar Hill Shares Inc and what are their salaries?
The average compensation at Cedar Hill Shares Inc during 2022 was $11,100. There are 9 employees and 307 volunteers at Cedar Hill Shares Inc.
Here are 9 key members and their salaries:
- Compensation: $31,430
- Related: $0
- Other: $0
- Compensation: $9,200
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cedar Hill Shares Inc?
Cedar Hill Shares Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cedar Hill Shares Inc
Cedar Hill Shares Inc, as a community-driven organization, is committed to addressing the issue of hunger within their city. Their primary mission is to alleviate hunger by providing essential resources to families in need. This is achieved through the operation of a food pantry, which serves as a vital source of nourishment for those who are struggling to put food on the table. The organization's efforts extend beyond just providing food, as they also offer school supplies to ensure that children from these families are not disadvantaged in their education due to lack of resources. In essence, Cedar Hill Shares Inc is dedicated to improving the livelihoods of its community members by addressing one of their most basic needs: access to food and educational materials.
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Impact
July, 2024
Cedar Hill Shares Inc's impact can be seen through their meaningful contributions towards alleviating hunger in Cedar Hill, TX. Through the operation of a food pantry, they provide essential food and school supplies to needy families in the city. Their efforts have a direct and positive impact on the community by addressing a critical need and supporting those facing food insecurity.
This information is meant to be a general summary of Cedar Hill Shares 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 2022.
- Investment Income: $3,258
- Gross Receipts: $1,048,498
Assets and Liabilities:
- Total Assets: $757,717
- Total Liabilities: $2,936
- Net Assets: $754,781
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Organization Details
Founding Year
2003
Phone
(972) 293-2822Principal Officer
Neil Bolton
Main Address
P O Box 2694, Cedar Hill, TX, 75106
NTEE Category
Code: P99 - Human services
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