Overview
What is Gazette Charities?
Gazette Charities is a charitable organization based in Colorado Springs, Colorado. With only one employee, they dedicate their efforts to providing grants and supporting various social service and service organizations within the Colorado Springs area. Their mission is to enhance the community by contributing financially and indirectly to charitable activities, thus amplifying the impact of these organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Gazette Charities has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates strong program expenses and an independent board, it falls short in several areas of financial transparency and accountability. The organization maintains a high program expense ratio of 99.67%, suggesting that it directs a significant majority of its resources toward its charitable activities. The board is composed entirely of independent members, which strengthens governance.
However, the charity's rating is compromised by a lack of essential financial documentation, as it has not provided financial statements or tax forms on its website. Additionally, it does not have a conflict of interest policy, a whistleblower policy, or a document retention and destruction policy in place, which are critical for ensuring accountability and good governance practices. These deficiencies may hinder public trust and confidence in the organization's operations.
Overall, while Gazette Charities showcases a commitment to program efficiency and governance through its independent board, the absence of necessary financial documentation and policies limits its overall effectiveness and transparency. Improvements in these areas could enhance its standing with stakeholders and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Gazette Charities legitimate?
Gazette Charities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gazette Charities 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: $136,085
For more financial information, click here
What is the mission statement of Gazette Charities?
Gazette Charities is committed to carrying out charitable activities. Their mission is to offer financial aid and indirect support to various social service organizations and other service-oriented entities within their operational area. The primary goal of Gazette Charities is to provide grants to these organizations, aiming to strengthen and enhance their ability to serve their communities effectively. By doing so, they aim to contribute to the betterment of the lives of those in need, promoting a more compassionate and supportive society.
Who is the CEO of Gazette Charities?
Chris Reen is the President of Gazette Charities.
What is the revenue of Gazette Charities?
Gazette Charities's revenue in 2022 was $1,691,621.
Who are the executives of Gazette Charities and what are their salaries?
The average compensation at Gazette Charities during 2022 was $136,085. There is 1 employee and 50 volunteers at Gazette Charities.
Here are 6 key members and their salaries:
- Compensation: $121,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Gazette Charities?
Gazette Charities's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gazette Charities
Gazette Charities, a charitable organization, carries out its mission in a specific area. Their primary objective is to provide grants and offer both direct and indirect support to various social service organizations and other service-focused entities within their operational sphere. By doing so, Gazette Charities aims to contribute positively to the community and enhance the capabilities of these organizations, ultimately benefiting those they serve.
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Impact
July, 2024
Gazette Charities has a significant impact in Colorado Springs by providing grants and support to social services and other service organizations in the area. Through their philanthropic efforts, they help improve the lives of individuals and families in need, contributing to the overall well-being of the community. Their focus on supporting local organizations allows for a more direct and targeted approach to addressing critical social issues in the Colorado Springs metropolitan area.
This information is meant to be a general summary of Gazette Charities. 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.
- Gross Receipts: $1,691,621
Assets and Liabilities:
- Total Assets: $46,256
- Total Liabilities: $25,411
- Net Assets: $20,845
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Organization Details
Founding Year
1999
Phone
(719) 636-0204Principal Officer
Chris Reen
Main Address
30 EAST PIKES PEAK AVENUE STE 100, COLORADO SPRINGS, CO, 80903
NTEE Category
Code: T30 - Philanthropy
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