Overview
What is Waterman Fund C/O Denver Bar Association?
Waterman Fund C/O Denver Bar Association is a nonprofit organization situated in Denver, Colorado. Its primary mission is to provide direct financial assistance to Colorado lawyers who are elderly, infirm, or otherwise incapacitated, as evaluated by the fund's administrators. This aid aims to alleviate their financial hardships. The organization operates as a subsidiary of the Denver Bar Association.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Waterman Fund, associated with the Denver Bar Association, has received a high rating of 94%, indicating strong performance in accountability and finance. This organization boasts a perfect score for having a fully independent board, demonstrating its commitment to ethical governance. With no material diversion of assets and comprehensive policies in place for conflicts of interest, whistleblowing, and document retention, the fund exemplifies transparency and responsibility in its operations.
Additionally, the Fund excels in financial management, reflected in a program expense ratio of 97.71%. This means that the vast majority of its expenditures are directed towards its programs, emphasizing its focus on effective service delivery. The organization's liabilities to assets ratio of 0.00% further highlights its solid financial foundation, indicating no debt burdens that could impede its mission.
Despite these strengths, the data does not indicate any specific limitations or areas for improvement. Overall, the Waterman Fund stands out as a well-managed nonprofit dedicated to serving its community, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Waterman Fund C/O Denver Bar Association legitimate?
Waterman Fund C/O Denver Bar Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterman Fund C/O Denver Bar Association 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 Waterman Fund C/O Denver Bar Association?
The Waterman Fund, affiliated with the Denver Bar Association, has a mission to provide financial aid to Colorado-based lawyers who are advanced in age, infirmed, or otherwise incapacitated, and are in need of financial assistance. The fund carries out this mission by determining eligible recipients and making direct cash payments to them. The primary objective of the Waterman Fund is to offer financial assistance to these lawyers in their time of need.
Who is the CEO of Waterman Fund C/O Denver Bar Association?
Unavailable
What is the revenue of Waterman Fund C/O Denver Bar Association?
Waterman Fund C/O Denver Bar Association's revenue in 2023 was $181,295.
Who are the executives of Waterman Fund C/O Denver Bar Association and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Waterman Fund C/O Denver Bar Association?
Waterman Fund C/O Denver Bar Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Waterman Fund C/O Denver Bar Association
The Waterman Fund C/O Denver Bar Association is an organization dedicated to providing financial assistance to Colorado lawyers who are elderly, infirm, or otherwise incapacitated. This nonprofit organization offers direct cash payments to attorneys in need, as determined by its fund administrators. The mission of the Waterman Fund C/O Denver Bar Association is to offer a helping hand to these lawyers, ensuring they have the necessary financial support during challenging times. By providing this assistance, the organization aims to alleviate some of the hardships faced by these individuals, allowing them to continue their professional careers or focus on their recovery, if necessary.
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Impact
October, 2024
The Waterman Fund C/O Denver Bar Association provides direct cash payments to Colorado lawyers who are aged, infirm, or otherwise incapacitated and in need of financial assistance. By offering this support, the fund significantly alleviates the financial burdens faced by these lawyers, ensuring they have the resources necessary for their well-being. This assistance empowers recipients to maintain a level of dignity and quality of life, safeguarding against the financial hardships that can arise due to age or health conditions. The fund plays a critical role in supporting the legal community in Colorado, fostering a sense of security and care for those who have devoted their careers to the practice of law.
This information is meant to be a general summary of Waterman Fund C/O Denver Bar Association. 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: $7,173
- Gross Receipts: $181,295
Assets and Liabilities:
- Total Assets: $758,971
- Total Liabilities: $0
- Net Assets: $758,971
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Organization Details
Founding Year
1963
Phone
(303) 860-1115Main Address
1290 BROADWAY 1700, DENVER, CO, 80203
NTEE Category
Code: Z99 - Unknown
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