Overview
What is Newton Commonwealth Foundation Inc C/O Steven Meyer Esq Sassoon Cymrot Law?
The Newton Commonwealth Foundation Inc, under the leadership of Steven Meyer Esq and Sassoon Cymrot Law, is a nonprofit organization primarily dedicated to managing a municipal golf course on behalf of the city of Newton, Massachusetts. Through a licensing agreement, they oversee the operation of this single program service. The foundation does not provide any additional charitable or community initiatives beyond this golf course management.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
The Newton Commonwealth Foundation has received a solid score of 79%, reflecting a strong emphasis on accountability and finance. This rating is based solely on its Accountability & Finance metrics, indicating that the organization is financially transparent and effectively manages its resources.
One of the main strengths of the foundation is its governance structure, with 100% of its board members being independent, which can enhance decision-making and reduce conflicts of interest. Additionally, the foundation adheres to various best practices, such as having documented policies for conflict of interest and whistleblower protections, which contribute to its overall accountability.
However, while the financial aspect appears sound—evidenced by a high program expense ratio of 95.69%—the rating does not encompass other areas like program effectiveness or donor reviews. Therefore, while the financial health is commendable, prospective donors might want to seek further insight into the foundation's impact before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Newton Commonwealth Foundation Inc C/O Steven Meyer Esq Sassoon Cymrot Law legitimate?
Newton Commonwealth Foundation Inc C/O Steven Meyer Esq Sassoon Cymrot Law is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newton Commonwealth Foundation Inc C/O Steven Meyer Esq Sassoon Cymrot Law 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:
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What is the mission statement of Newton Commonwealth Foundation Inc C/O Steven Meyer Esq Sassoon Cymrot Law?
The Newton Commonwealth Foundation, overseen by Sassoon Cymrot Law, primarily functions by operating a municipal golf course for a city, as per a licensing agreement. Its primary activity revolves around providing this golfing facility as a service to the community. The foundation's primary mission, therefore, can be understood as serving the community by managing a municipal golf course. It does not engage in any other program services beyond this.
Who is the CEO of Newton Commonwealth Foundation Inc C/O Steven Meyer Esq Sassoon Cymrot Law?
Steven A Meyer is the President, Director & Assi of Newton Commonwealth Foundation Inc C/O Steven Meyer Esq Sassoon Cymrot Law.
What is the revenue of Newton Commonwealth Foundation Inc C/O Steven Meyer Esq Sassoon Cymrot Law?
Newton Commonwealth Foundation Inc C/O Steven Meyer Esq Sassoon Cymrot Law's revenue in 2022 was $693,151.
Who are the executives of Newton Commonwealth Foundation Inc C/O Steven Meyer Esq Sassoon Cymrot Law and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Newton Commonwealth Foundation Inc C/O Steven Meyer Esq Sassoon Cymrot Law?
Newton Commonwealth Foundation Inc C/O Steven Meyer Esq Sassoon Cymrot Law's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Newton Commonwealth Foundation Inc C/O Steven Meyer Esq Sassoon Cymrot Law
The Newton Commonwealth Foundation, led by Steven Meyer Esq and Sassoon Cymrot Law, is committed to managing a municipal golf course for the city of Newton, Massachusetts. Through a licensing agreement, this nonprofit organization provides a singular program service, operating the golf course to cater to the city's residents and visitors. The Newton Commonwealth Foundation's mission focuses on maintaining and enhancing the golf course, offering an enjoyable recreational experience for golf enthusiasts. By doing so, the foundation contributes to the city's leisure activities, fostering community engagement and promoting an active lifestyle.
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Impact
July, 2024
The Newton Commonwealth Foundation Inc, operating through a licenser, has a direct impact on the community of Newton, MA by providing access to a municipal golf course. This recreational facility offers a valuable service to residents by promoting outdoor activity, sportsmanship, and leisure. The foundation's commitment to maintaining and operating the golf course contributes to the overall well-being and quality of life for individuals in the city of Newton.
This information is meant to be a general summary of Newton Commonwealth Foundation Inc C/O Steven Meyer Esq Sassoon Cymrot Law. 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 2022.
- Investment Income: $11,766
- Program Service Revenue: $681,385
- Gross Receipts: $693,151
Assets and Liabilities:
- Total Assets: $4,636,600
- Total Liabilities: $60,000
- Net Assets: $4,576,600
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LICENSE PAYMENTS
Revenue
$681,385
Organization Details
Founding Year
1980
Phone
(617) 720-0099Principal Officer
Steven A Meyer
Main Address
84 STATE STREET, BOSTON, MA, 02109
NTEE Category
Code: N6AZ - Recreation
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