Carter Community Building Association

What it reported doing in 2024

Fees charged for use of exercise facilities and participation in programs are the ccba's primary source of support. They pay for most operating expenses (e.g., personnel, utilities, building and equipment maintenance, and office and program supplies). Endowment funds, trust income and, in some years, foundation grants enable the ccba to offset an annual operating deficit and pay for capital repairs and improvements. No monies are received from the municipal, state, or federal governments. Some fees are set "at cost" (i.e., including direct and indirect expenses) and others are "discounted." quite a few services are offered at no charge.examples of "at cost" services are most witherell recreation center adult memberships and programs such as swim lessons, preschool activities classes, and day camps. We intend these fees to be affordable for most area residents.examples of discounted services include witherell recreation center youth, family, disabled adult, and senior memberships. Fees for programs such as youth basketball and volleyball teams are subsidized and nominal fees are charged for some special events such as the "family valentines dance". In addition, a "youth scholarship fund" enables youngsters to receive witherell recreation center memberships and participate in programs and senior rates are extended to disabled adults of all ages. Further, businesses and organizations may enroll their employees in our "corporate associate" discount program.examples of free services include the children's drop-in center at the carter community building, basketball and tennis courts and children's play spaces in our irene decato memorial park and frank p. Canillas recreation area, and special events such as "fall fest and an annual "easter egg hunt."

Financial Efficiency

• Mission deployment rate: 75%; rating input score 75
• Program expense ratio: 87%; rating input score 87
• Fundraising efficiency: $11.4 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 18.7%; rating input score 75; 75th percentile among comparable filings
• Total-asset coverage ratio: 3.64; rating input score 78; 78th percentile among comparable filings
• Liabilities to assets ratio: 0.05; rating input score 70; 70th percentile among comparable filings
• Officer compensation ratio: 5.3%; rating input score 51; 51st percentile among comparable filings

Growth

• Program expense growth: 1.5% per year; rating input score 100; 20th percentile among comparable filings
• Revenue growth: 3.5% per year; rating input score 100; 30th percentile among comparable filings
• Asset growth: 1.3% per year; rating input score 100; 17th percentile among comparable filings