Overview
What is Comite De Bien Estar Inc?
Comite De Bien Estar Inc, a nonprofit organization based in San Luis, Arizona, is dedicated to improving the economic and social well-being of the community. With a team of 61 employees, they focus on cooperative land development, housing, lending, and service programs. Their projects include low-income housing and self-help housing, as well as community classes and activities. They offer essential services like housing counseling and financial literacy classes and are approved by HUD as a counseling agency. Their mission is to enhance the community's overall quality of life through these various initiatives.
Official website here: www.comiteaz.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Comite De Bien Estar Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored fully in several key areas, particularly with its independent board structure and strong financial oversight. With a program expense ratio of 87.75%, a significant majority of its expenses are directed towards its mission-driven programs, showcasing effective resource allocation.
The charity's governance practices are commendable, featuring a fully independent board and comprehensive policies related to conflict of interest and whistleblower protections. This solidifies its commitment to transparency and ethical management. The lack of material diversion of assets further strengthens its reputation as a responsible and well-managed organization.
While the available data reflects strong performance metrics, it does not provide insights into the organization's program effectiveness or community impact, which are essential to fully understanding its overall performance. Nonetheless, the focus on accountability and finance positions Comite De Bien Estar Inc as a trustworthy nonprofit within its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Comite De Bien Estar Inc legitimate?
Comite De Bien Estar Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Comite De Bien Estar 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: $1,327,484
For more financial information, click here
Official website here: www.comiteaz.com
What is the mission statement of Comite De Bien Estar Inc?
Comite De Bien Estar Inc is dedicated to improving the economic and social well-being of the community. They accomplish this through various programs, including cooperative land development, housing initiatives, lending services, and community activities. Their mission is to build a stronger community by enhancing the living conditions and financial literacy of its members. As a HUD-approved counseling agency, they offer housing counseling and financial literacy classes to help individuals achieve stability and self-sufficiency. Additionally, they support rural development through self-help housing programs.
Official website here: www.comiteaz.com
Who is the CEO of Comite De Bien Estar Inc?
Marco Reyes is the Chairman of Comite De Bien Estar Inc.
Official website here: www.comiteaz.com
What is the revenue of Comite De Bien Estar Inc?
Comite De Bien Estar Inc's revenue in 2022 was $12,742,595.
Official website here: www.comiteaz.com
Who are the executives of Comite De Bien Estar Inc and what are their salaries?
The average compensation at Comite De Bien Estar Inc during 2022 was $21,762. There are 61 employees and 52 volunteers at Comite De Bien Estar Inc.
Here are 11 key members and their salaries:
- Compensation: $2,466
- Related: $0
- Other: $0
- Compensation: $2,512
- Related: $0
- Other: $0
- Compensation: $2,484
- Related: $0
- Other: $0
- Compensation: $2,292
- Related: $0
- Other: $0
- Compensation: $2,467
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $6,917
- Related: $0
- Other: $0
- Compensation: $1,241
- Related: $0
- Other: $0
- Compensation: $2,466
- Related: $0
- Other: $0
- Compensation: $198,183
- Related: $0
- Other: $0
Official website here: www.comiteaz.com
Where can I find the form 990 for Comite De Bien Estar Inc?
Comite De Bien Estar Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.comiteaz.com
Learn more at the official website: www.comiteaz.com
Mission Statement of Comite De Bien Estar Inc
Comite De Bien Estar, Inc. is a dedicated organization that strives to enhance the economic and social well-being of the community. Through cooperative land development, housing, lending, and service programs, this nonprofit aims to make a significant impact.
The mission of Comite De Bien Estar, Inc. is twofold. First, it focuses on improving the community's economic standing through cooperative land development projects. This may involve the acquisition, planning, and construction of community spaces that cater to the needs of its residents. Second, the organization addresses the social well-being of the community by providing housing solutions. This includes low-income housing options and self-help housing programs, ensuring that everyone has access to safe and affordable living situations.
Moreover, Comite De Bien Estar, Inc. recognizes the importance of education and financial literacy. To this end, the organization offers community classes and activities designed to empower individuals. As a HUD-approved counseling agency, the nonprofit also provides housing counseling and financial literacy classes to help residents make informed decisions about their future. By focusing on these various aspects, Comite De Bien Estar, Inc. continues to strive for a better future for its community.
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Impact
October, 2024
Comite De Bien Estar Inc has a significant impact on the community by enhancing economic and social well-being through various initiatives. Their efforts in cooperative land development and low-income housing projects provide vital resources for individuals and families in need, ensuring access to safe and affordable homes.
Through community classes and activities, they foster a sense of belonging and empowerment, equipping residents with essential skills and knowledge. Their HUD-approved housing counseling and financial literacy programs are instrumental in guiding community members toward better financial management and informed housing decisions.
Overall, Comite De Bien Estar Inc actively works to improve the quality of life for residents in San Luis, AZ, helping to build a stronger, more resilient community.
This information is meant to be a general summary of Comite De Bien Estar 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 2022.
- Investment Income: $3,063
- Program Service Revenue: $2,258,084
- Gross Receipts: $21,695,936
Assets and Liabilities:
- Total Assets: $24,935,924
- Total Liabilities: $8,693,614
- Net Assets: $16,242,310
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEES
Revenue
$1,681,496
AFFORDABLE APARTMNETS MGMT FEES
Revenue
$546,459
INTEREST INCOME
Revenue
$312,311
RENTAL INCOME
Revenue
$211,681
LOSS ON EQUITY INVESTMENTS
Revenue
-$493,863
Organization Details
Founding Year
1980
Phone
(928) 627-8559Principal Officer
Marco Reyes
Main Address
PO BOX 7170, SAN LUIS, AZ, 85349
Website
www.comiteaz.comNTEE Category
Code: Z99Z - Unknown
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