Overview
What is Community Action Trust Inc?
Community Action Trust Inc is a nonprofit organization situated in Chelsea, Massachusetts, specifically at 100 Everett Avenue Unit 14. Its primary role is to provide a suitable facility for the housing of various programs under Community Action Programs Inter-City, serving as a related organization. The organization's mission involves prudently managing and distributing financial resources to support and sustain these programs and services. By doing so, Community Action Trust Inc aims to contribute positively to its local community.
Is Community Action Trust Inc legitimate?
Community Action Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Action Trust Inc 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
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What is the mission statement of Community Action Trust Inc?
Community Action Trust Inc's mission is centered around managing and distributing financial resources to sustain programs and services offered by Community Action Programs Inter-City Inc. Their primary goal is to contribute to the betterment of various community initiatives. The organization acts as a facilitator, providing a space for the implementation of Community Action Programs Inter-City's projects. By doing so, Community Action Trust Inc aims to support and strengthen the work of this related organization.
What is the revenue of Community Action Trust Inc?
Community Action Trust Inc's revenue in 2024 was $110,500.
Who are the executives of Community Action Trust Inc and what are their salaries?
Here are 5 key members and their salaries:
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- Compensation: $0
- Related: $153,697
- Other: $22,999
Where can I find the form 990 for Community Action Trust Inc?
Community Action Trust Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Community Action Trust Inc
Community Action Trust Inc, as stated in its mission, is dedicated to the prudent management and disbursement of financial resources. This nonprofit organization's primary goal is to support the programs and services of Community Action Programs Inter-City, Inc. By providing a suitable facility, Community Action Trust Inc enables the execution of various community-focused initiatives under the umbrella of Community Action Programs Inter-City, Inc. This mission underscores the organization's commitment to fostering community development and improvement through financial resource management and service support.
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Impact
October, 2024
Community Action Trust Inc significantly contributes to the well-being of the Chelsea, MA community by effectively managing and disbursing financial resources. This organization plays a vital role in supporting the programs and services offered by Community Action Programs Inter-City, Inc., ensuring that essential services are accessible to those in need. By developing prudent financial strategies, Community Action Trust Inc helps create a stable foundation for various human services initiatives, enhancing the quality of life for local residents. Their commitment to fostering community support not only addresses immediate needs but also promotes long-term positive outcomes for the population they serve.
This information is meant to be a general summary of Community Action Trust Inc. 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 2024.
- Program Service Revenue: $110,500
- Gross Receipts: $110,500
Assets and Liabilities:
- Total Assets: $2,170,639
- Total Liabilities: $205,986
- Net Assets: $1,964,653
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$110,500
Organization Details
Founding Year
2020
Principal Officer
Richelle Cromwell
NTEE Category
Code: P11 - Human services
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