Overview
What is Mt Carmel Veterans Service Center?
Mt Carmel Veterans Service Center is a nonprofit organization situated in Colorado Springs, Colorado. Its primary focus is on supporting transitioning military members by offering comprehensive employment services. This includes training, educational resources, community engagement opportunities, workshops, seminars, and networking events—all of which have demonstrated success in securing gainful employment. The center collaborates with community partners, promoting best practices in transition and wellness for veterans, military members, and their families. They provide a wide range of services under one roof, such as behavioral health counseling, employment and transition support, job placement and internships, benefits assistance, housing aid, financial coaching, and legal and educational support. With a team of 50 dedicated professionals, Mt Carmel Veterans Service Center is committed to enhancing the lives of those who have served their country.
Official website here: www.veteranscenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Mt Carmel Veterans Service Center has achieved a solid Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance along with a focus on community engagement. The organization's Accountability & Finance score of 82 indicates effective management of financial resources, demonstrated by a low liabilities to assets ratio and high program expense ratio, ensuring that a significant portion of funds directly supports its programs.
The organization excels in its culture and community involvement, earning a score of 87. This highlights its commitment to collecting and utilizing feedback effectively, which is crucial for meeting the needs of the veterans it serves. Furthermore, the majority of the board members being independent suggests a healthy governance structure.
However, there are areas for improvement, particularly in the financial statements audit, where the score is relatively low at 10 out of 20 points. While the organization has strong practices in place, ensuring transparency and accountability in financial reporting could enhance its overall ratings and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Mt Carmel Veterans Service Center legitimate?
Mt Carmel Veterans Service Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt Carmel Veterans Service Center 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: $43,148
Other Salaries and Wages: $1,250,092
For more financial information, click here
Official website here: www.veteranscenter.org
What is the mission statement of Mt Carmel Veterans Service Center?
The Mt Carmel Veterans Service Center collaborates with community partners to offer best practices in transition and wellness services for veterans, military personnel, and their families. They achieve this by serving as a one-stop shop, providing a range of resources such as behavioral health counseling, employment and transition support, job placement and internships, benefit assistance, housing assistance, financial coaching, and legal and education assistance. The center's mission is to deliver expertise, sustainability, and space, aiming to improve the well-being and transition of veterans and their families.
Official website here: www.veteranscenter.org
Who is the CEO of Mt Carmel Veterans Service Center?
Gerald Cimino is the Principal Officer of Mt Carmel Veterans Service Center.
Official website here: www.veteranscenter.org
What is the revenue of Mt Carmel Veterans Service Center?
Mt Carmel Veterans Service Center's revenue in 2022 was $3,064,131.
Official website here: www.veteranscenter.org
Who are the executives of Mt Carmel Veterans Service Center and what are their salaries?
The average compensation at Mt Carmel Veterans Service Center during 2022 was $25,002. There are 50 employees and 325 volunteers at Mt Carmel Veterans Service Center.
Here are 8 key members and their salaries:
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Official website here: www.veteranscenter.org
Where can I find the form 990 for Mt Carmel Veterans Service Center?
Mt Carmel Veterans Service Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.veteranscenter.org
Learn more at the official website: www.veteranscenter.org
Mission Statement of Mt Carmel Veterans Service Center
The Mt. Carmel Veterans Service Center collaborates with community partners to offer optimal transition and wellness services for veterans, military personnel, and their families. This is achieved by providing a comprehensive range of resources, expertise, space, and sustainability. The center serves as a one-stop shop, offering various services such as behavioral health counseling, employment and transition support, job placement and internships, benefit assistance, housing assistance, financial coaching, and legal and educational assistance. By working in partnership with other organizations, Mt. Carmel Veterans Service Center strives to deliver best practices in transition and wellness services, aiming to support veterans, military personnel, and their families in their post-service lives.
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Impact
July, 2024
Mt Carmel Veterans Service Center has a significant impact on veterans, military members, and their families by providing a one-stop shop for a variety of services such as behavioral health counseling, employment and transition support, job placement, benefits support, housing assistance, financial coaching, and legal and education assistance. Their focus on employment through training, education resources, community groups, workshops, seminars, and networking opportunities has been proven to help individuals find gainful employment. This organization collaborates with community partners to deliver expertise, resources, space, and sustainability in order to support the transition and well-being of veterans, military members, and their families in Colorado Springs, CO.
This information is meant to be a general summary of Mt Carmel Veterans Service Center. 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: -$3,578
- Program Service Revenue: $135,699
- Gross Receipts: $3,214,566
Assets and Liabilities:
- Total Assets: $1,750,141
- Total Liabilities: $181,916
- Net Assets: $1,568,225
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS FROM PARTNERS
Revenue
$67,118
COUNSELING FEES
Revenue
$50,514
OTHER PROGRAM INCOME
Revenue
$18,067
Organization Details
Founding Year
2016
Phone
(719) 309-4725Principal Officer
Gerald Cimino
Main Address
530 COMMUNICATION CIRCLE, COLORADO SPRINGS, CO, 80905
Website
www.veteranscenter.orgNTEE Category
Code: J20 - Employment
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