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Cr Cares Inc Cr Cares Inc

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

EIN: 811280250 ✦ Virginia beach, VA ✦ Designated as a 501(c)(3)

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Overview

What is Cr Cares Inc Cr Cares Inc?

Cr Cares Inc, based in the Hampton Roads area, is a nonprofit organization devoted to supporting more than 26 churches and community organizations within its vicinity. The primary objective of Cr Cares Inc is outlined in its mission statement, which it strives to achieve by offering assistance to these religious and community institutions. The organization's activities and mission are aligned with this goal, aiming to make a positive impact on the Hampton Roads community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 89% (Three-Star out of Four Star rating)

Cr Cares Inc has received a solid rating of 89% from Charity Navigator, indicating a commendable level of accountability and financial transparency. The organization boasts a high score in several key areas, including having 100% independent board members and a robust conflict of interest policy. Their program expense ratio is impressive, with 100% of expenses directed towards their programs, reflecting a strong commitment to their mission.

The organization displays a thorough approach to governance, with documented policies for whistleblowing and asset management, contributing to a well-structured operational framework. However, the liabilities to assets ratio of 56.75% suggests that while they are managing their resources effectively, there may be areas for improvement in financial stability.

Overall, Cr Cares Inc shows strong organizational strengths, particularly in governance and program efficiency. While there are minor concerns regarding financial ratios, their commitment to transparency and accountability is evident.


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

Is Cr Cares Inc Cr Cares Inc legitimate?

Cr Cares Inc Cr Cares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cr Cares Inc Cr Cares 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: $0

For more financial information, click here

What is the mission statement of Cr Cares Inc Cr Cares Inc?

Cr Cares Inc's mission is focused on supporting various churches and organizations in the Hampton Roads area, with the aim of achieving its mission statement. The organization strives to accomplish this goal by providing assistance to over 26 entities within this region. The exact wording of the mission statement can be found in Statement #1, which is similar to Autism Speaks Inc's mission to promote solutions and support for individuals and families affected by a specific condition. However, Cr Cares Inc's mission is tailored to serving churches and organizations, rather than a specific condition or population.

Who is the CEO of Cr Cares Inc Cr Cares Inc?

Chantel Ray Finch is the Director of Cr Cares Inc Cr Cares Inc.

What is the revenue of Cr Cares Inc Cr Cares Inc?

Cr Cares Inc Cr Cares Inc's revenue in 2022 was $80,604.

Who are the executives of Cr Cares Inc Cr Cares Inc and what are their salaries?


Here are 4 key members and their salaries:


Chantel Ray Finch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Hood (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tomasina Hood (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Kane (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cr Cares Inc Cr Cares Inc?

Cr Cares Inc Cr Cares Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cr Cares Inc Cr Cares Inc

Cr Cares Inc, a nonprofit organization, is committed to achieving its mission statement through supporting over 26 churches and organizations in the Hampton Roads area. The mission of Cr Cares Inc is to provide assistance to these religious and community organizations, helping them in their respective endeavors. By offering its support, Cr Cares Inc aims to contribute positively to the community and its religious institutions, contributing to a stronger and more cohesive community.

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Impact




August, 2024

Cr Cares Inc's impact is significant in the Hampton Roads area, where it provides support to over 26 churches and organizations. Their mission is to achieve their stated objectives by offering assistance to these local entities. Through their efforts, Cr Cares Inc positively influences the community by contributing to the well-being and development of the region.




This information is meant to be a general summary of Cr Cares Inc Cr Cares 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
$80,604 (2022)
Expenses
$87,253 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $80,604

Assets and Liabilities:

  • Total Assets: $455
  • Total Liabilities: $3,433
  • Net Assets: -$2,978

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Organization Details

Founding Year

2016

Principal Officer

Chantel Ray Finch

Main Address

2600 BARRETT ST, VIRGINIA BEACH, VA, 23452

NTEE Category

Code: P20 - Human services

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