Bristol County Chamber Foundation Inc

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

EIN: 042684468 ✦ Fall river, MA ✦ Designated as a 501(c)(3)

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Overview

What is Bristol County Chamber Foundation Inc?

The Bristol County Chamber Foundation Inc, situated in Fall River, Massachusetts, is a community-focused nonprofit organization. Their primary mission is to foster educational growth and development for individuals and groups within the community. Through a variety of programs, they aim to enhance capacities and capabilities, ultimately contributing to the betterment of their local area.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Stars)

Bristol County Chamber Foundation Inc has received an 82% rating from Charity Navigator, indicating a solid performance in accountability and finance. The rating reflects a comprehensive evaluation based entirely on the organization's fiscal management practices and effective oversight, with a strong focus on ensuring resources are utilized efficiently.

The foundation boasts an impressive score of 100% for having a majority of independent board members and a well-structured board size. Additionally, it has demonstrated strong financial health with a very low liabilities to assets ratio and a high program expense ratio, suggesting that most funds are directed towards its mission rather than administrative costs.

However, while the financial metrics are commendable, the rating reflects a singular focus on accountability and finance without considering other aspects of operational effectiveness or community impact. Future evaluations may benefit from a broader assessment of program outcomes and stakeholder engagement.


This AI summary has been generated from information found on Charity Navigator.

Is Bristol County Chamber Foundation Inc legitimate?

Bristol County Chamber Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bristol County Chamber Foundation 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 Bristol County Chamber Foundation Inc?

The Bristol County Chamber Foundation, being a community improvement organization, is dedicated to providing educational programs aimed at enhancing the capabilities of individuals and groups. Its mission is centered around fostering growth and development through these educational initiatives. Located in Fall River, MA, the foundation serves as a resource for capacity building, promoting learning and development within its community.

Who is the CEO of Bristol County Chamber Foundation Inc?

Michael O'Sullivan is the Trustee of Bristol County Chamber Foundation Inc.

What is the revenue of Bristol County Chamber Foundation Inc?

Bristol County Chamber Foundation Inc's revenue in 2023 was $1,176,360.

Who are the executives of Bristol County Chamber Foundation Inc and what are their salaries?

There 10 volunteers at Bristol County Chamber Foundation Inc.


Here are 6 key members and their salaries:


Eileen Danahey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Gagliardi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Roy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Christ (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Murray (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael O'Sullivan (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bristol County Chamber Foundation Inc?

Bristol County Chamber Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Bristol County Chamber Foundation Inc

The Bristol County Chamber Foundation, a community-focused organization, is dedicated to providing educational programs aimed at enhancing the capabilities of individuals and groups. Established with a vision to improve its community, this nonprofit is situated in Fall River, Massachusetts, although the information provided does not specify this location. The mission of the Bristol County Chamber Foundation is to foster growth and development through its educational offerings, helping to empower various sectors within the community.

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Impact




July, 2024

Bristol County Chamber Foundation Inc's impact is in providing educational programs to help build capacities for individuals and groups in Fall River, MA. Their mission is focused on community improvement through education, aiming to empower individuals and strengthen communities through their philanthropic initiatives.




This information is meant to be a general summary of Bristol County Chamber Foundation 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
$1,176,360 (2023)
Expenses
$1,094,320 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,164
  • Program Service Revenue: $45,506
  • Gross Receipts: $1,176,360

Assets and Liabilities:

  • Total Assets: $522,574
  • Total Liabilities: $47,393
  • Net Assets: $475,181

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Programs

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

POP UP

Revenue

$33,001

FR FAM

Revenue

$12,505

Organization Details

Founding Year

1979

Principal Officer

Michael O'Sullivan

Main Address

200 POCASSET STREET, FALL RIVER, MA, 02721

NTEE Category

Code: T30 - Philanthropy

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