Cfsc Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 942785529 ✦ Santa cruz, CA ✦ Designated as a 501(c)(3)

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Overview

What is Cfsc Inc?

Cfsc Inc, located in Santa Cruz, California, is a nonprofit organization primarily focused on supporting Encompass Community Services, a 501(c)(3) corporation. Their main activity involves purchasing and managing real estate, vehicles, and equipment, which they then lease to Encompass Community Services and their clients. Additionally, Cfsc Inc extends financial aid to Encompass on beneficial terms, demonstrating their commitment to the organization's mission. In essence, Cfsc Inc serves as a fundraising entity and a provider of essential resources for Encompass Community Services.

Is Cfsc Inc legitimate?

Cfsc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cfsc 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

For more financial information, click here

What is the mission statement of Cfsc Inc?

Cfsc Inc's mission is centered around supporting Encompass Community Services, a non-profit organization. They dedicate their efforts towards fundraising activities and obtaining necessary facilities, vehicles, and equipment for Encompass's benefit. The primary purpose of these resources is to lease them to Encompass and its clients. Moreover, CFSC has extended loans to Encompass on favorable terms, furthering their commitment to assisting Encompass Community Services.

Who is the CEO of Cfsc Inc?

Stephen M La Berge is the Director of Cfsc Inc.

What is the revenue of Cfsc Inc?

Cfsc Inc's revenue in 2022 was $1,056,040.

Who are the executives of Cfsc Inc and what are their salaries?

There 6 volunteers at Cfsc Inc.


Here are 6 key members and their salaries:


Monica Martinez (Director)
  • Compensation: $0
  • Related: $153,005
  • Other: $9,579
Stephen M La Berge (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Livingston (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul O'Brien (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Appenrodt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Kaplan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cfsc Inc?

Cfsc Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cfsc Inc

CFSC Inc, a nonprofit organization, is dedicated to supporting Encompass Community Services, a 501(c)(3) corporation. Their mission involves engaging in fundraising activities, providing supportive services, and acquiring facilities, vehicles, and equipment with the aim of benefiting Encompass Community Services and its clients. Specifically, CFSC Inc purchases and operates real estate, vehicles, and equipment, leasing them to Encompass Community Services and its clients. Additionally, CFSC Inc has extended loans to Encompass on favorable terms, further reinforcing their commitment to supporting this nonprofit organization.

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Impact




October, 2024

Cfsc Inc significantly impacts the community by facilitating the provision of vital services through its support of Encompass Community Services. By purchasing and operating real estate, vehicles, and equipment, Cfsc Inc ensures that Encompass has the necessary resources to serve its clients effectively. This collaboration enhances the operational capabilities of Encompass, allowing it to offer a broader range of programs and support to individuals in need.

Moreover, the favorable loans provided by Cfsc Inc to Encompass enhance financial sustainability, enabling the organization to focus on its core mission without the burden of financial strain. This symbiotic relationship fosters community improvement by ensuring that essential services remain accessible to the populations served, ultimately contributing to a healthier and more supportive environment in Santa Cruz. Through fundraising and strategic investments, Cfsc Inc plays a crucial role in advancing the mission of Encompass Community Services, creating ripple effects that benefit the entire community.




This information is meant to be a general summary of Cfsc 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.

Revenue
$1,056,040 (2022)
Expenses
$1,102,499 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $36,174
  • Program Service Revenue: $1,016,366
  • Gross Receipts: $1,056,040

Assets and Liabilities:

  • Total Assets: $9,901,877
  • Total Liabilities: $6,806,959
  • Net Assets: $3,094,918

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Lease Income

Revenue

$981,037

Service Income

Revenue

$35,329

Organization Details

Founding Year

1981

Principal Officer

Stephen M La Berge

Main Address

2115 7th Ave, SANTA CRUZ, CA, 95062

NTEE Category

Code: S50 - Community improvement

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