Overview
What is Colorado Veterans Resource Coalition?
The Colorado Veterans Resource Coalition is a nonprofit organization based in Colorado Springs, Colorado, specifically located at 6862 Phantom Way. Their primary focus is to aid homeless and low-income veterans, offering essential services such as shelter, food, employment assistance, budget and credit training, and group counseling. Their mission is geared towards helping veterans attain independent living through recovery-oriented treatment for mental health issues. With a team of six dedicated employees, the Colorado Veterans Resource Coalition stands as a beacon of support for our nation's veterans in need.
Official website here: www.cvrcforvets.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 75% (Three-Star out of Four Star rating)
The Colorado Veterans Resource Coalition has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The overall score reflects a strong commitment to transparency, particularly highlighted by an independent board composed entirely of independent members. The organization has also demonstrated responsible management of its assets, with no material diversion noted.
However, the rating also reveals some areas for improvement. Notably, the organization lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could enhance its governance practices. Despite these shortcomings, the coalition maintains a strong program expense ratio, allocating nearly 70% of its expenses towards its programs, which is a positive indicator of its operational focus.
Overall, while the organization shows strength in several financial and governance areas, addressing the noted policy gaps could further enhance its credibility and effectiveness in serving veterans' needs.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado Veterans Resource Coalition legitimate?
Colorado Veterans Resource Coalition is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Veterans Resource Coalition 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: $146,769
For more financial information, click here
Official website here: www.cvrcforvets.org
What is the mission statement of Colorado Veterans Resource Coalition?
The Colorado Veterans Resource Coalition is dedicated to helping veterans attain independent living by providing recovery-oriented treatment for mental health issues. Their mission is geared towards assisting veterans in overcoming homelessness and financial hardship, offering shelter, food, job search assistance, budget and credit training, and group counseling to those in need.
Official website here: www.cvrcforvets.org
Who is the CEO of Colorado Veterans Resource Coalition?
Sheri Ferguson is the Chairman Of The Board of Colorado Veterans Resource Coalition.
Official website here: www.cvrcforvets.org
What is the revenue of Colorado Veterans Resource Coalition?
Colorado Veterans Resource Coalition's revenue in 2022 was $50,184.
Official website here: www.cvrcforvets.org
Who are the executives of Colorado Veterans Resource Coalition and what are their salaries?
The average compensation at Colorado Veterans Resource Coalition during 2022 was $24,462. There are 6 employees at Colorado Veterans Resource Coalition.
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Official website here: www.cvrcforvets.org
Where can I find the form 990 for Colorado Veterans Resource Coalition?
Colorado Veterans Resource Coalition's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cvrcforvets.org
Learn more at the official website: www.cvrcforvets.org
Mission Statement of Colorado Veterans Resource Coalition
The Colorado Veterans Resource Coalition, a nonprofit organization, is dedicated to helping veterans attain independent living by providing recovery-oriented treatment for mental health issues. Their primary mission is to offer veterans the necessary resources to overcome homelessness and financial struggles, providing them with shelter, food, job search assistance, budget and credit training, and group counseling. The organization's ultimate goal is to aid veterans in regaining their independence and improving their quality of life.
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Impact
June, 2024
Colorado Veterans Resource Coalition has a significant impact on the lives of veterans by providing them with shelter, food, job search assistance, budget and credit training, and group counseling. Through their recovery-oriented treatment for mental health issues, they help veterans obtain independent living. This organization plays a crucial role in supporting homeless and low-income veterans in Colorado Springs to rebuild their lives and overcome challenges related to mental health.
This information is meant to be a general summary of Colorado Veterans Resource Coalition. 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: $2,976
- Program Service Revenue: $24,991
- Gross Receipts: $50,184
Assets and Liabilities:
- Total Assets: $1,099,775
- Total Liabilities: $78,365
- Net Assets: $1,021,410
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Organization Details
Founding Year
2000
Phone
(719) 473-8150Principal Officer
Sheri Ferguson
Main Address
6862 Phantom Way, Colorado Springs, CO, 80925
Website
www.cvrcforvets.orgNTEE Category
Code: F20 - Mental health
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