Overview
What is Short Term Emergency Aid Committee?
The Short Term Emergency Aid Committee (STEAC) is a nonprofit organization situated in Davis, California. Their primary mission is to offer immediate, short-term assistance to Yolo County's low-income residents who are struggling with basic necessities, such as rent, utilities, and food. By providing financial aid for eviction prevention, first month's rent, and utility bills, STEAC helps 260 families and 142 families respectively, avoiding homelessness. With a commitment to social awareness and community involvement, STEAC offers local citizens the chance to contribute to the betterment of those in need. The organization has a total of 5 employees dedicated to this meaningful cause.
Official website here: www.steac.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
The Short Term Emergency Aid Committee has demonstrated a strong commitment to accountability and finance, scoring 88% overall. The organization has a fully independent board, with 90% of its members being independent, and it maintains a solid financial health with a low liabilities to assets ratio of 1.65%. The charity is effective in utilizing feedback to improve its services, achieving top scores in both feedback collection and usage.
However, there are areas for improvement, particularly in governance policies. The organization lacks a whistleblower policy and a document retention and destruction policy, which were both scored poorly. Additionally, while the equity strategies score is a respectable 79, the organization has room for growth in its equity data and policies, receiving only 2 out of 7 points in those areas. Overall, while the charity excels in many metrics, addressing these governance and equity gaps could enhance its operational transparency and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Short Term Emergency Aid Committee legitimate?
Short Term Emergency Aid Committee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Short Term Emergency Aid Committee 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: $182,378
For more financial information, click here
Official website here: www.steac.org
What is the mission statement of Short Term Emergency Aid Committee?
The Short Term Emergency Aid Committee's mission is centered around providing immediate, short-term assistance to families and individuals in Yolo County who fall below the poverty level. This aid aims to cover essential needs such as rent, utilities, food, and other basic necessities. The committee is also committed to raising social awareness within the community and offers opportunities for local citizens to lend a helping hand to those in need.
Official website here: www.steac.org
What is the revenue of Short Term Emergency Aid Committee?
Short Term Emergency Aid Committee's revenue in 2024 was $906,267.
Official website here: www.steac.org
Who are the executives of Short Term Emergency Aid Committee and what are their salaries?
The average compensation at Short Term Emergency Aid Committee during 2024 was $26,054. There are 7 employees and 100 volunteers at Short Term Emergency Aid Committee.
Here are 9 key members and their salaries:
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Official website here: www.steac.org
Where can I find the form 990 for Short Term Emergency Aid Committee?
Short Term Emergency Aid Committee's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.steac.org
Learn more at the official website: www.steac.org
Mission Statement of Short Term Emergency Aid Committee
The Short Term Emergency Aid Committee, often abbreviated as STEAC, is dedicated to providing immediate and short-term assistance to families and individuals in Yolo County who fall below the poverty level. This assistance encompasses various necessities such as help with rent, utilities, and food, among other basic needs. Beyond this, STEAC is deeply committed to fostering social awareness within the community and offering opportunities for local citizens to lend a hand to those in need. By doing so, the organization seeks to bridge the gap between those who have and those who lack essential resources, ultimately striving to improve the lives of its beneficiaries.
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Impact
July, 2024
Short Term Emergency Aid Committee, based in Davis, CA, makes a significant impact by providing immediate short-term assistance to Yolo County families and individuals living below the poverty level. They offer help with basic necessities such as rent, utilities, and food, which can be crucial for those in need. Through their homeless prevention programs, STEAC assists low-income residents in the county facing housing emergencies. This includes eviction prevention, providing cash assistance for rent, and helping previously homeless families with their first month's rent. Additionally, their bill pay program offers utility assistance to families struggling to cover basic expenses. By engaging the community and creating opportunities for local citizens to assist others in need, STEAC plays a vital role in supporting vulnerable individuals and families in Yolo County.
This information is meant to be a general summary of Short Term Emergency Aid Committee. 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.
- Investment Income: $28,132
- Gross Receipts: $906,267
Assets and Liabilities:
- Total Assets: $1,351,444
- Total Liabilities: $22,403
- Net Assets: $1,329,041
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Organization Details
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