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Ci Holding Corporation

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

EIN: 824746839 ✦ Maysville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Ci Holding Corporation?

Ci Holding Corporation is a company located in Maysville, Kentucky, with an address at 611 Forest Avenue. Its primary mission is to support and benefit Comprehend Inc, a Kentucky-based non-profit and tax-exempt organization. Specifically, Ci Holding Corporation aims to construct and operate a new facility that will provide clinical and administrative services for Comprehend Inc, thereby contributing to its operations and overall goals. The exact nature of Comprehend Inc's activities is not specified, but it is clear that Ci Holding Corporation is working to support and benefit this non-profit organization.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 49%, Zero-Star out of Four Star rating.

Ci Holding Corporation has received a low rating of 49% from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. While the organization benefits from a board that is fully independent, the absence of critical policies such as a whistleblower policy and a document retention and destruction policy raises red flags. Additionally, the organization has a high liabilities-to-assets ratio, suggesting potential financial instability.

Despite some positive aspects, such as effective governance practices and no material diversion of assets, the overall financial management appears to be lacking. The program expense ratio, while not optimal, indicates that a portion of funds is being allocated towards its intended purposes. However, the combination of low scores in financial health and missing essential governance policies points to a need for improvement.

In summary, while Ci Holding Corporation has strengths in governance structure, its financial transparency and operational policies require significant attention to enhance its accountability and overall effectiveness as a nonprofit organization.


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

Is Ci Holding Corporation legitimate?

Ci Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ci Holding Corporation 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 Ci Holding Corporation?

The mission of Ci Holding Corporation is to aid and assist Comprehend Inc, a non-profit organization, by constructing and operating a new facility that provides clinical and administrative services to benefit Comprehend Inc. This endeavor is aimed at supporting the organization's efforts in providing essential services. The goal is to ultimately enhance Comprehend Inc's ability to serve its purpose as a tax-exempt organization.

Who is the CEO of Ci Holding Corporation?

Ms Melissa Greenwell is the Chair of Ci Holding Corporation.

What is the revenue of Ci Holding Corporation?

Ci Holding Corporation's revenue in 2022 was $149,916.

Who are the executives of Ci Holding Corporation and what are their salaries?

There 14 volunteers at Ci Holding Corporation.


Here are 16 key members and their salaries:


David Reed (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judge Exec Earl Bush (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracey Florer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Haley-Rosser (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger King (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Byard (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Voiers (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Glenn Womack (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina Rose (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Emmons (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Sweeney (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Dunlap (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Cartmell (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Estill (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Gulley (President/C.E.O. (Partial Year))
  • Compensation: $0
  • Related: $44,431
  • Other: $2,549
Pamela Vaught (President/C.E.O. (Partial Year))
  • Compensation: $0
  • Related: $76,088
  • Other: $8,298
Where can I find the form 990 for Ci Holding Corporation?

Ci Holding Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ci Holding Corporation

Ci Holding Corporation supports and benefits Comprehend Inc, a Kentucky-based non-profit and tax-exempt organization. The corporation's mission is centered around constructing and operating a new facility to provide clinical and administrative services for Comprehend Inc. By doing so, Ci Holding Corporation aims to contribute significantly to the operations and services offered by Comprehend Inc, ultimately benefiting the community it serves. This partnership allows Comprehend Inc to expand its reach and capabilities, potentially impacting a larger number of individuals positively.

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Impact




June, 2024

Ci Holding Corporation's impact is significant in supporting and benefitting Comprehend Inc, a Kentucky nonprofit organization focused on mental health services. By constructing and operating a new facility to provide clinical and administrative services for Comprehend Inc in Maysville, Kentucky, Ci Holding Corporation plays a crucial role in improving access to mental health care in the community. Through its dedication to supporting Comprehend Inc's mission, Ci Holding Corporation positively impacts the well-being of individuals seeking mental health services in the region.




This information is meant to be a general summary of Ci Holding Corporation. 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
$149,916 (2022)
Expenses
$456,344 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Program Service Revenue: $149,911
  • Gross Receipts: $149,916

Assets and Liabilities:

  • Total Assets: $6,785,937
  • Total Liabilities: $6,535,933
  • Net Assets: $250,004

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENT INCOME

Revenue

$149,911

Organization Details

Founding Year

2018

Principal Officer

Ms Melissa Greenwell

Main Address

611 FOREST AVENUE, MAYSVILLE, KY, 41056

NTEE Category

Code: F11 - Mental health

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