Overview
What is Compledge Corp?
Compledge Corp is a 501(c)(3) nonprofit organization situated in Maywood, New Jersey. Its primary objective is to distribute annual funds to its supported educational organizations, as defined under Section 509(A)(3). The charity adheres to the requirements of a Type III supporting organization and follows the demonstrated needs of its supported organizations. Compledge Corp does not require applications or proposals for each grant and determines the grant amounts annually based on the needs of its beneficiaries. The organization maintains a close and continuing relationship with its supported organizations to monitor the use of the financial support provided.
Is Compledge Corp legitimate?
Compledge Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compledge Corp 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 Compledge Corp?
Compledge Corp, as a charity, is committed to making annual distributions to its supported organizations that fall under Section 509(A)(3) for educational purposes. The organization follows the requirements of a Type III supporting organization, ensuring its grants align with the demonstrated needs of its supported organizations. Compledge Corp does not require applications or proposals for each grant and determines the grant amounts annually based on the needs of its supported organizations. The charity maintains a close and continuing relationship with its supported organizations to monitor the use of the financial support provided, ensuring it is utilized effectively for its intended educational purposes.
What is the revenue of Compledge Corp?
Compledge Corp's revenue in 2023 was $500,530.
Who are the executives of Compledge Corp and what are their salaries?
There 4 volunteers at Compledge Corp.
Here are 4 key members and their salaries:
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Where can I find the form 990 for Compledge Corp?
Compledge Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Compledge Corp
Compledge Corp, as a charitable organization, is committed to making annual distributions to its supported Type III organizations for educational purposes. These organizations are defined under Section 509(A)(3). Compledge Corp adheres to the requirements of a Type III supporting organization, ensuring that its annual distributions are consistent with the demonstrated needs of its supported organizations. Unlike many charities that require applications or proposals for each grant, Compledge Corp determines the grant amounts for each year based on the needs of its named supported organizations. The charity maintains a close and continuing relationship with its supported organizations to monitor the use of the financial support provided, ensuring that it is being utilized effectively for its intended educational purposes.
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Impact
October, 2024
Compledge Corp plays a vital role in enhancing educational opportunities within its community in Maywood, NJ. By directing annual distributions to various supported organizations, it ensures that resources are allocated where they are most needed, effectively addressing the educational requirements of those organizations. This support not only fosters academic growth but also aligns with the broader goal of nurturing sustainable educational programs. Through its charitable activities, Compledge Corp creates a significant impact, driving positive change and ensuring that educational initiatives remain responsive to the evolving needs of the community.
This information is meant to be a general summary of Compledge Corp. 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.
- Gross Receipts: $4,940,000
Assets and Liabilities:
- Total Assets: $7,837,735
- Total Liabilities: $4,635,630
- Net Assets: $3,202,105
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Organization Details
Founding Year
2021
Principal Officer
Joseph Muscarelle
NTEE Category
Code: T99 - Philanthropy
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