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Ceo Foundation Of Ct Inc

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

EIN: 061494714 ✦ Madison, CT ✦ Designated as a 501(c)(3)

Overview

What is Ceo Foundation Of Ct Inc?

The Ceo Foundation of CT Inc., located in Madison, Connecticut, is a small yet impactful nonprofit organization. Their primary mission is to provide scholarships for low-income children residing in Hartford, East Hartford, Bridgeport, Waterbury, or New Haven. This financial aid allows these students to attend a private school of their choice, subject to certain guidelines and eligibility requirements. The foundation's activities are aligned with this mission, as they offer tuition assistance to enable inner-city elementary school age students to attend private schools. In essence, the Ceo Foundation of CT Inc. strives to ensure equal access to quality education for children from low-income families in Connecticut.


Official website here: www.ceoct.org

Is Ceo Foundation Of Ct Inc legitimate?

Ceo Foundation Of Ct Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ceo Foundation Of Ct 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.

Here are some key statistics you may want to consider:

Executive Compensation: $52,158
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ceoct.org

What is the mission statement of Ceo Foundation Of Ct Inc?

The CEO Foundation of CT Inc., in its mission, aims to provide equal access to quality education for children from low-income families. This is achieved through the granting of scholarships, enabling these children to attend a private school of their choice, subject to guidelines and eligibility requirements. The organization's activities are focused on Hartford, East Hartford, Bridgeport, Waterbury, and New Haven, with the goal of offering these children educational opportunities beyond their current circumstances.


Official website here: www.ceoct.org

Who is the CEO of Ceo Foundation Of Ct Inc?

Lewis Andrews is the Chair & Interim Executive Director of Ceo Foundation Of Ct Inc.


Official website here: www.ceoct.org

What is the revenue of Ceo Foundation Of Ct Inc?

Ceo Foundation Of Ct Inc's revenue in 2023 was $538,610.


Official website here: www.ceoct.org

Who are the executives of Ceo Foundation Of Ct Inc and what are their salaries?

The average compensation at Ceo Foundation Of Ct Inc during 2023 was $52,158. There are 1 employees and 6 volunteers at Ceo Foundation Of Ct Inc.

Here are 7 key members and their salaries:

    Carolanne Marquis (Executive Director)
  • Compensation: $111,481
  • Related: $0
  • Other: $0

    • Lewis Andrews (Chair & Interim Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David G Bohn (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Alber (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ashley Martella (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ceoct.org

    Where can I find the form 990 for Ceo Foundation Of Ct Inc?

    The Ceo Foundation Of Ct Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.ceoct.org

    Learn more at the official website: www.ceoct.org

    Mission Statement of Ceo Foundation Of Ct Inc

    The CEO Foundation of CT Inc. is committed to providing equal access to quality education for children residing in low-income households in Connecticut. This mission is accomplished through the distribution of scholarships, enabling these children to attend a private school of their choice. The foundation focuses on supporting students from Hartford, East Hartford, Bridgeport, Waterbury, and New Haven, ensuring that financial constraints do not hinder their educational opportunities. By offering scholarships, the CEO Foundation of CT Inc. seeks to level the playing field, allowing these children to benefit from the educational resources available at private schools, thereby broadening their prospects for the future.

    Impact

    This information is meant to be a general summary of Ceo Foundation Of Ct Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Ceo Foundation Of Ct Inc's impact lies in providing tuition assistance to low-income elementary school-age students in Hartford, East Hartford, Bridgeport, Waterbury, and New Haven. By awarding scholarships, the organization enables these children to attend a private school of their choice, thereby giving them access to a quality education that may otherwise be out of reach due to financial constraints. Through its mission to provide equal educational opportunities, Ceo Foundation Of Ct Inc positively impacts the lives of children in Connecticut and helps empower them to reach their full potential.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $444,680
  • Program Service Revenue: $0
  • Gross Receipts: $1,287,915

    • Assets and Liabilities:
  • Total Assets: $12,347,688
  • Total Liabilities: $0
  • Net Assets: $12,347,688
  • Organization Details

    Founding Year

    1998

    Principal Officer

    Lewis Andrews

    Main Address

    PO BOX 833, MADISON, CT, 06443

    NTEE Category

    Code: B82 - Education

    If you are a representative of Ceo Foundation Of Ct Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.