Overview
What is Center For A Humane Economy Inc?
The Center for a Humane Economy Inc, based in Bethesda, Maryland, is a pioneering nonprofit organization that advocates for animal welfare in the corporate world. With a mission to encourage corporations to uphold their social responsibility, the Center promotes reforms in purchasing practices, research, and development programs that prioritize animal welfare. Their initiatives span from advocating for the replacement of animal testing with non-animal protocols to stopping the killing of animals for commercial purposes, such as sharks for fins, kangaroos for soccer cleats, and horses for racing. The Center, the first of its kind in the animal protection movement, fosters innovation as a means to bring about change and aims to influence industries and companies to embrace humane animal practices as part of their commitment to social responsibility. The organization currently employs a total of 7 individuals.
Official website here: www.centerforahumaneeconomy.org
What are the reviews and ratings of this charity?
Charity Navigator gives the Center For A Humane Economy Inc a Three-Star out of Four Star rating with an overall score of 89%. This rating signifies a solid level of accountability and transparency within the organization, indicating that they effectively manage their finances and maintain a commitment to their mission. The charity excels particularly in leadership and adaptability, scoring a perfect 100 in this area, demonstrating strong governance practices.
The organization has a fully independent board of directors and has implemented several policies that enhance its operational integrity, such as conflict of interest and whistleblower policies. It also shows exceptional financial health with a low liabilities to assets ratio and a high program expense ratio of 86.23%, indicating that the majority of its expenses are directed towards its programs rather than administrative costs.
While the organization performs well across various metrics, it's worth noting that its equity strategies score reflects some areas for improvement, though it remains relatively strong. Overall, the Center For A Humane Economy Inc shows a commendable commitment to their mission and effective use of resources, with the potential for continued growth and improvement in specific areas.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Center For A Humane Economy Inc?
100% of reviewers on Facebook recommend the Center For A Humane Economy Inc. Here is a summary of their reviews:
Those who have contributed feedback express strong support for the organization's mission to promote cruelty-free living through advocacy and education. Users appreciate the innovative approach taken by the nonprofit, highlighting its unique initiatives that aim to influence policies and raise awareness about humane practices.
Overall, the sentiment towards the Center For A Humane Economy is overwhelmingly positive, with reviewers emphasizing the effectiveness of its programs and the commitment to animal welfare. This organization clearly resonates with supporters who value its dedicated efforts to create a more humane society.
This AI summary has been generated from reviews found on Facebook.
Is Center For A Humane Economy Inc legitimate?
Center For A Humane Economy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For A Humane Economy 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: $45,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $881,819
For more financial information, click here
Official website here: www.centerforahumaneeconomy.org
What is the mission statement of Center For A Humane Economy Inc?
The Center for a Humane Economy Inc is a pioneering organization in the animal protection movement, advocating for corporations to prioritize animal welfare as part of their social responsibility. By promoting reforms in purchasing practices, research and development programs, and various operations, the Center encourages businesses to honor their ethical duties. In today's culture, where consumers, investors, and stakeholders express strong disapproval of animal cruelty and environmental degradation, the Center views innovation as a powerful catalyst for change. The Center inspires companies and industries to adopt humane animal practices as a commitment to social responsibility.
Official website here: www.centerforahumaneeconomy.org
Who is the CEO of Center For A Humane Economy Inc?
Wayne Pacelle is the President of Center For A Humane Economy Inc.
Official website here: www.centerforahumaneeconomy.org
What is the revenue of Center For A Humane Economy Inc?
Center For A Humane Economy Inc's revenue in 2022 was $3,093,478.
Official website here: www.centerforahumaneeconomy.org
Who are the executives of Center For A Humane Economy Inc and what are their salaries?
The average compensation at Center For A Humane Economy Inc during 2022 was $132,403. There are 7 employees and 100 volunteers at Center For A Humane Economy Inc.
Here are 7 key members and their salaries:
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- Compensation: $45,000
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Official website here: www.centerforahumaneeconomy.org
Where can I find the form 990 for Center For A Humane Economy Inc?
Center For A Humane Economy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.centerforahumaneeconomy.org
Learn more at the official website: www.centerforahumaneeconomy.org
Mission Statement of Center For A Humane Economy Inc
The Center for a Humane Economy Inc is a pioneering organization in the animal protection movement. With a vision to inspire corporations to uphold animal welfare as a fundamental aspect of their social responsibility, the Center for a Humane Economy promotes reforms in various business operations.
In a society where consumers, investors, and other stakeholders increasingly reject animal cruelty and environmental degradation, the Center sees innovation as a powerful catalyst for change. The Center encourages companies and industries to embrace humane animal practices, recognizing the moral imperative of treating animals with respect and compassion.
By advocating for ethical purchasing practices, research and development programs, and other business initiatives, the Center for a Humane Economy aims to transform the way corporations interact with animals. The organization's mission is to foster a business culture that values animal welfare, as an essential component of Corporate Social Responsibility.
In essence, the Center for a Humane Economy serves as a bridge between the corporate world and the animal protection movement. Through its influence and initiatives, the organization encourages corporations to honor their duties to social responsibility, making the world a better place for animals and humans alike.
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Impact
October, 2024
The Center for a Humane Economy Inc. drives significant change by advocating for the integration of animal welfare into corporate social responsibility. By encouraging companies to reform their purchasing practices and research programs, the organization seeks to replace outdated animal testing methods with humane alternatives, particularly in the context of the FDA Modernization Act.
The Center is deeply involved in various initiatives addressing animal protection, such as advocating for the end of practices like petting zoos, the killing of sharks for their fins, and the ruthless hunting of wolves. It tirelessly supports movements toward a cage-free future, which aims to eliminate extreme confinement for pigs, chickens, and other animals.
In the realm of equine welfare, the organization focuses on protecting horses from mistreatment by opposing race-day doping and practices leading to slaughter. It seeks to amplify the enforcement of laws against cockfighting and animal fighting, drawing attention to the need to end cruel practices like mink farming and greyhound racing.
By aligning corporate practices with humane animal treatment and fostering innovations that honor animal welfare, the Center for a Humane Economy is establishing a new standard for corporate responsibility. Its work regarding elephants, kangaroo exploitation, and the fight to provide alternatives for traditional sports equipment further illustrates its commitment to a compassionate, sustainable future. Through these efforts, the Center is not only transforming corporate attitudes but also shaping consumer expectations around animal welfare in a way that reflects societal values.
This information is meant to be a general summary of Center For A Humane Economy 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 2022.
- Investment Income: $8,766
- Gross Receipts: $4,172,704
Assets and Liabilities:
- Total Assets: $1,926,681
- Total Liabilities: $58,809
- Net Assets: $1,867,872
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Organization Details
Founding Year
2018
Phone
(336) 813-1677Principal Officer
Wayne Pacelle
Main Address
PO BOX 30845, BETHESDA, MD, 20824
NTEE Category
Code: D05 - Animals
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