Overview
What is The Colorado Fund For People With Disabilities Incorporated?
The Colorado Fund for People with Disabilities Incorporated is a nonprofit organization situated in Denver, Colorado. Their primary mission is to serve as a trustee, managing various types of special needs trusts for individuals with disabilities. This allows the beneficiaries to continue receiving essential government benefits such as Social Security income and Medicaid. The organization offers money management services to enhance the quality of life for these beneficiaries, beyond what would typically be possible with public benefits. Additionally, they provide conservatorship services, case management, trust advisory services, representative payee services, Medicare set-aside services, and social activities to further support the well-being of the disabled beneficiaries. With a team of 29 employees, the Colorado Fund for People with Disabilities Incorporated is dedicated to making a positive impact in the lives of those with disabilities.
Official website here: www.cfpdtrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Colorado Fund For People With Disabilities Incorporated has received a two-star rating from Charity Navigator, indicating a need for improvement despite a strong score of 100% in accountability and finance. The organization has a well-structured governance system with independent board members and effective financial oversight. However, critical areas such as the absence of the tax form on their website and a high liabilities-to-assets ratio have contributed to their overall lower rating.
The strong points of the organization lie in its commitment to accountability measures and maintaining a conflict of interest policy. These elements demonstrate a focus on ethical management practices and transparency. Nevertheless, the low program expense ratio of 63.74% suggests that a significant portion of funds may not be directed towards program services, which could be a concern for donors looking for efficient use of contributions.
Overall, while the organization exhibits strengths in governance and financial accountability, the highlighted limitations indicate areas that require attention to enhance its operational effectiveness and donor confidence. Addressing these issues could significantly improve their rating and overall impact on the community they serve.
This AI summary has been generated from information found on Charity Navigator.
Is The Colorado Fund For People With Disabilities Incorporated legitimate?
The Colorado Fund For People With Disabilities Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Colorado Fund For People With Disabilities Incorporated 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: $450,882
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,175,058
For more financial information, click here
Official website here: www.cfpdtrust.org
What is the mission statement of The Colorado Fund For People With Disabilities Incorporated?
The Colorado Fund for People with Disabilities Incorporated serves as a trustee, providing various services for the benefit of individuals with disabilities. Its mission is to manage, administer, allocate, and disburse funds for the benefit of disabled persons. The organization acts as a trustee for various types of special needs trusts for disabled individuals, enabling them to continue receiving government benefits like Social Security income and Medicaid. Through its money management services, it seeks to enhance the beneficiaries' quality of life beyond what is typically possible for those receiving public benefits. Additionally, the organization offers conservatorship services, case management services, trust advisory services, representative payee services, Medicare set-aside services, and social activities for the disabled beneficiaries.
Official website here: www.cfpdtrust.org
What is the revenue of The Colorado Fund For People With Disabilities Incorporated?
The Colorado Fund For People With Disabilities Incorporated's revenue in 2023 was $2,701,349.
Official website here: www.cfpdtrust.org
Who are the executives of The Colorado Fund For People With Disabilities Incorporated and what are their salaries?
The average compensation at The Colorado Fund For People With Disabilities Incorporated during 2023 was $70,693. There are 23 employees at The Colorado Fund For People With Disabilities Incorporated.
Here are 13 key members and their salaries:
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- Compensation: $88,280
- Related: $88,280
- Other: $12,470
- Compensation: $62,144
- Related: $62,144
- Other: $18,518
- Compensation: $55,269
- Related: $55,269
- Other: $8,508
Official website here: www.cfpdtrust.org
Where can I find the form 990 for The Colorado Fund For People With Disabilities Incorporated?
The Colorado Fund For People With Disabilities Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cfpdtrust.org
Learn more at the official website: www.cfpdtrust.org
Mission Statement of The Colorado Fund For People With Disabilities Incorporated
The Colorado Fund for People with Disabilities Incorporated serves as a trustee, dedicating its efforts to benefit individuals with disabilities. Its mission is to manage, administer, allocate, and disburse funds on behalf of disabled persons. By acting as a trustee, this organization ensures that disabled beneficiaries can continue to receive crucial government benefits, such as Social Security income and Medicaid, without losing their eligibility.
Beyond financial management, The Colorado Fund for People with Disabilities Incorporated provides various services to enhance the quality of life for its beneficiaries. These services include money management, conservatorship, case management, trust advisory, representative payee services, Medicare set-aside services, and social activities. The money management services enable beneficiaries to make the most of their resources, while conservatorship ensures that the beneficiaries' best interests are protected. Case management services provide essential support, addressing the unique needs of each individual. Trust advisory services offer guidance in managing special needs trusts, and representative payee services ensure that benefits are used appropriately. Medicare set-aside services ensure that necessary medical expenses are covered while maintaining Medicaid eligibility. Lastly, social activities offer opportunities for beneficiaries to engage in enjoyable experiences beyond their typical daily routines.
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Impact
July, 2024
The Colorado Fund For People With Disabilities Incorporated's impact is significant in serving as trustee and providing services for people with disabilities. The organization manages various special needs trusts for disabled individuals, allowing them to continue receiving essential government benefits like Social Security Income and Medicaid. By offering money management, conservatorship, case management, and other services, the organization enhances the quality of life for disabled beneficiaries beyond what they would typically have access to while receiving public benefits. Additionally, the organization provides representative payee services, Medicare set-aside services, and social activities for disabled individuals, contributing to community improvement efforts in Denver, CO.
This information is meant to be a general summary of The Colorado Fund For People With Disabilities Incorporated. 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.
- Program Service Revenue: $1,819,447
- Gross Receipts: $2,701,349
Assets and Liabilities:
- Total Assets: $623,007
- Total Liabilities: $471,193
- Net Assets: $151,814
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE INCOME
Revenue
$1,584,692
MISSION SUPPORT CONTRA
Revenue
$234,755
Organization Details
Founding Year
2015
Principal Officer
Megan Brand
Website
www.cfpdtrust.orgNTEE Category
Code: S50 - Community improvement
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