Overview
What is Kit Carson Rural Development?
Kit Carson Rural Development is a nonprofit organization committed to fostering community growth and economic advancement. Their primary objective is to enhance the local economy and uplift the community through various programs. By focusing on community enhancement and economic development, this organization aims to make a significant impact in its area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Kit Carson Rural Development has received a Two-Star rating from Charity Navigator, primarily based on its Accountability and Finance metrics. This rating indicates a moderate level of financial health and transparency, with a score of 67%. The organization has demonstrated strengths in board independence and proper documentation of board meeting minutes, scoring full points in these areas. Additionally, it has a favorable liabilities-to-assets ratio and a strong program expense ratio.
However, the organization faces significant challenges in transparency and governance practices, as reflected in its low scores for financial statements, conflict of interest policy, and various other governance-related areas. For instance, it scored zero in categories related to posting tax forms on its website and having a whistleblower policy. These shortcomings suggest that while the organization may be financially stable, it could improve its accountability and transparency practices to enhance trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Kit Carson Rural Development legitimate?
Kit Carson Rural Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kit Carson Rural Development 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 Kit Carson Rural Development?
Kit Carson Rural Development strives to advance community enhancement and economic development in its area. Through various programs, their mission is to boost the local economy and enhance the community's quality of life. By focusing on economic improvement, this organization aims to contribute positively to the community's well-being and prosperity. Their activities are geared towards fostering sustainable growth and development, ultimately benefiting the community as a whole.
Who is the CEO of Kit Carson Rural Development?
Amy Johnson is the Chairman of Kit Carson Rural Development.
What is the revenue of Kit Carson Rural Development?
Kit Carson Rural Development's revenue in 2023 was $910,929.
Who are the executives of Kit Carson Rural Development and what are their salaries?
There 10 volunteers at Kit Carson Rural Development.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kit Carson Rural Development?
Kit Carson Rural Development's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kit Carson Rural Development
Kit Carson Rural Development, as a nonprofit organization, is dedicated to fostering community enhancement and driving economic development in its area of operation. Its mission is centered around improving the local economy and enhancing the community as a whole. By implementing various programs, Kit Carson Rural Development strives to uplift the community and contribute to its overall growth and development.
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Impact
July, 2024
Kit Carson Rural Development has a significant impact on the Kit Carson community by promoting economic development and enhancing the overall quality of life for residents. Through its programs and initiatives, the organization works towards improving the area's economy and fostering a sense of community pride. Their efforts contribute to the well-being of individuals and families in the region, ultimately supporting a more vibrant and sustainable community.
This information is meant to be a general summary of Kit Carson Rural Development. 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 2023.
- Investment Income: $1,534
- Program Service Revenue: $28,151
- Gross Receipts: $910,929
Assets and Liabilities:
- Total Assets: $2,204,392
- Total Liabilities: $4,200
- Net Assets: $2,200,192
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$28,151
Organization Details
Founding Year
1993
Phone
(719) 342-0711Principal Officer
Amy Johnson
Main Address
PO BOX 123, KIT CARSON, CO, 80825
NTEE Category
Code: P21Z - Human services
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