Overview
What is Crossroads Rural Entrepreneurial Institute Inc?
Crossroads Rural Entrepreneurial Institute Inc is a nonprofit organization situated in Galax, Virginia, specifically at 1117 East Stuart Drive. Their primary mission is to improve the economic livelihood of the community in Southwest Virginia. They achieve this objective by operating an innovative and state-of-the-art center that combines education and economic development opportunities. This center aims to revitalize the region's economy, ultimately leading to a brighter future for its citizens.
Official website here: www.crossroadsva.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star Rating
Crossroads Rural Entrepreneurial Institute Inc has received a Three-Star rating from Charity Navigator, indicating a good level of accountability and transparency. The organization scores particularly high in areas such as having an independent board, with 100% of its board members being independent and a strong financial management record, achieving full points for financial statement review and no material diversion of assets.
However, there are some areas where the organization falls short. It lacks several important policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which have impacted its overall accountability score. Additionally, the tax form is not posted on the nonprofit's website, which could limit transparency for potential donors. Despite these limitations, the organization demonstrates effective program expense management, with 72.44% of its expenses dedicated to programs.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Crossroads Rural Entrepreneurial Institute Inc?
Two reviewers have shared their thoughts about Crossroads Rural Entrepreneurial Institute Inc on Facebook, and their sentiments are overwhelmingly positive. According to one user, the staff at Crossroads are described as exceptionally courteous, friendly, and helpful, creating a welcoming atmosphere.
The spotlight shines on Beyond Catering SWVA, located within Crossroads, which was praised for its excellent service during a family reunion event. The catering team not only provided delicious food but also took the initiative to deliver and set everything up, showcasing their dedication to customer satisfaction. The recommendation suggests that those seeking catering services can expect outstanding support and quality.
Overall, the reviews highlight a strong appreciation for the friendly environment and excellent services offered at Crossroads, indicating that the nonprofit delivers on its promises and fosters positive relationships with the community.
This AI summary has been generated from reviews found on Facebook.
Is Crossroads Rural Entrepreneurial Institute Inc legitimate?
Crossroads Rural Entrepreneurial Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crossroads Rural Entrepreneurial Institute 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:
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Other Salaries and Wages: $162,916
For more financial information, click here
Official website here: www.crossroadsva.org
What is the mission statement of Crossroads Rural Entrepreneurial Institute Inc?
Crossroads Rural Entrepreneurial Institute Inc's mission is centered around contributing to the economic revitalization of its region. They aim to achieve this by establishing an innovative center that combines education and economic development. The institute's goal is to offer a brighter future for its citizens and improve their lives, leveraging the economic potential of the community. Through this center, they strive to foster a climate that encourages entrepreneurship and innovation, ultimately contributing to the region's overall economic growth.
Official website here: www.crossroadsva.org
Who is the CEO of Crossroads Rural Entrepreneurial Institute Inc?
Perry Hughes is the Chair of Crossroads Rural Entrepreneurial Institute Inc.
Official website here: www.crossroadsva.org
What is the revenue of Crossroads Rural Entrepreneurial Institute Inc?
Crossroads Rural Entrepreneurial Institute Inc's revenue in 2023 was $599,756.
Official website here: www.crossroadsva.org
Who are the executives of Crossroads Rural Entrepreneurial Institute Inc and what are their salaries?
Here are 15 key members and their salaries:
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Official website here: www.crossroadsva.org
Where can I find the form 990 for Crossroads Rural Entrepreneurial Institute Inc?
Crossroads Rural Entrepreneurial Institute Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.crossroadsva.org
Learn more at the official website: www.crossroadsva.org
Mission Statement of Crossroads Rural Entrepreneurial Institute Inc
Crossroads Rural Entrepreneurial Institute Inc is committed to enhancing the economy of its region and improving the lives of its citizens. This nonprofit organization operates as an innovative hub for educational and economic development. Its mission is to revitalize the local economy and provide a brighter future for the community's inhabitants. By combining educational opportunities with the economic potential of the area, Crossroads Rural Entrepreneurial Institute Inc aims to contribute significantly to the region's growth and prosperity.
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Impact
July, 2024
Crossroads Rural Entrepreneurial Institute Inc's impact is evident in its dedicated efforts to improve the lives of people in Southwest Virginia. By providing an innovative state-of-the-art economic development engine that combines education with the economic potential of the community, this organization is actively contributing to the revitalization of the region's economy. Through their mission to offer a brighter future for citizens through education and economic development, Crossroads Rural Entrepreneurial Institute Inc is making a significant impact in Galax, Virginia.
This information is meant to be a general summary of Crossroads Rural Entrepreneurial Institute 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 2023.
- Investment Income: $916
- Program Service Revenue: $405,415
- Gross Receipts: $599,756
Assets and Liabilities:
- Total Assets: $3,663,333
- Total Liabilities: $1,947,749
- Net Assets: $1,715,584
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPACE RENTAL
Revenue
$405,415
Organization Details
Founding Year
2001
Phone
(276) 236-0391Principal Officer
Perry Hughes
Main Address
1117 EAST STUART DRIVE, GALAX, VA, 24333
Website
www.crossroadsva.orgNTEE Category
Code: B99 - Education
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