Overview
What is Claremont Investment Management Company?
Claremont Investment Management Company is a nonprofit organization situated in Claremont, California, specifically at 500 East 9th Street. Their primary role involves managing and overseeing the investment of endowment and other funds for various supported organizations. In simple terms, they act as financial stewards, ensuring the effective allocation and growth of these funds to sustain the operations and goals of the organizations they serve. The company's mission is deeply rooted in financial responsibility and support for these organizations, thereby contributing positively to their respective causes.
Is Claremont Investment Management Company legitimate?
Claremont Investment Management Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Claremont Investment Management Company 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
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What is the mission statement of Claremont Investment Management Company?
Claremont Investment Management Company's mission is centered around managing, overseeing, and investing endowment and other funds for various supported organizations. Their primary objective is to ensure the financial stability and growth of these organizations, providing them with the necessary resources to carry out their missions effectively. By effectively managing these funds, Claremont Investment Management Company plays a crucial role in supporting the causes and goals of these organizations, ultimately contributing to their overall success. The company's activities are focused on providing investment strategies, financial analysis, and portfolio management services to ensure the long-term sustainability of the organizations it serves.
Who is the CEO of Claremont Investment Management Company?
Erin Watkins is the Co-Chairman of Claremont Investment Management Company. The CEO's salary of Claremont Investment Management Company is $0 and their total compensation is $757,090.
What is the revenue of Claremont Investment Management Company?
Claremont Investment Management Company's revenue in 2022 was $5,574,100.
Who are the executives of Claremont Investment Management Company and what are their salaries?
There 11 volunteers at Claremont Investment Management Company.
Here are 16 key members and their salaries (Claremont Investment Management Company's CEO's salary is $0 and their total compensation is $757,090):
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- Related: $678,478
- Other: $78,612
- Compensation: $0
- Related: $320,623
- Other: $56,276
- Compensation: $0
- Related: $375,630
- Other: $94,390
- Compensation: $0
- Related: $225,000
- Other: $44,383
- Compensation: $0
- Related: $305,000
- Other: $48,193
Where can I find the form 990 for Claremont Investment Management Company?
Claremont Investment Management Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Claremont Investment Management Company
Claremont Investment Management Company is a dedicated organization that specializes in managing, supervising, and overseeing the investment of endowment and other funds for various supported organizations. Their mission is to ensure the financial stability and growth of these nonprofits, allowing them to carry out their respective missions effectively. By expertly managing these financial resources, Claremont Investment Management Company contributes to the success and impact of the organizations they serve, ultimately contributing to the betterment of their respective communities.
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Impact
October, 2024
Claremont Investment Management Company plays a crucial role in managing, supervising, overseeing, and investing endowment and other funds for supported organizations. By handling these financial resources effectively, the company ensures that organizations can sustain their operations and initiatives, particularly in sectors like housing.
Its investment strategies not only aim to grow these funds but also to provide stability and continuity for the organizations it supports, enabling them to focus on their missions without the constant concern of financial volatility. The company’s expertise in fund management helps maximally leverage resources, allowing for strategic investments that benefit both the organizations and the communities they serve. The positive impact of their work is reflected in the enhanced capacity and reach of these organizations, fostering growth and development in Claremont, California, and beyond.
This information is meant to be a general summary of Claremont Investment Management Company. 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.
- Program Service Revenue: $5,574,100
- Gross Receipts: $5,574,100
Assets and Liabilities:
- Total Assets: $1,000
- Total Liabilities: $0
- Net Assets: $1,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE INCOME
Revenue
$5,574,100
Organization Details
Founding Year
2017
Phone
(909) 621-8230Principal Officer
Erin Watkins
Main Address
500 EAST 9TH STREET, CLAREMONT, CA, 91711
NTEE Category
Code: L11 - Housing
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