Overview
What is Stratton Mountain & Valley Community Benefit Foundation Inc?
Stratton Mountain & Valley Community Benefit Foundation Inc is a nonprofit organization situated in Stratton Mountain, Vermont. With a small team of three employees, the foundation aims to uplift the community by organizing events, programs, and maintaining Stratton Archives. Their primary goal is to grant funds to various charitable causes, particularly those that seek to break the cycle of generational poverty in Southern Vermont. By providing financial support, the foundation aims to enhance opportunities, promote health, and improve the overall quality of life for children and their families. The organization's initiatives are all directed towards bettering the local community and making a significant impact in the lives of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating 77%
The Stratton Mountain & Valley Community Benefit Foundation Inc has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid level of accountability and financial health. With a score of 77%, the organization excels in several areas, including its independent board composition and a favorable program expense ratio of 85.61%. However, a notable limitation is the absence of a whistleblower policy, which could impact the perceived transparency within the organization.
User reviews consistently highlight the foundation's impactful programming and community engagement. Many donors and volunteers express admiration for its commitment to addressing the needs of local families, particularly during crises such as flooding. Programs like "Head to Toe" offer essential items to children in need, while scholarships enable deserving students to pursue higher education. The foundation is often described as a vital resource for the local community, demonstrating a genuine desire to uplift those facing financial hardships.
Despite its strengths, the organization has room for improvement, particularly regarding governance policies. Nonetheless, the strong support from community members and beneficiaries underscores the foundation’s effectiveness and dedication to making a meaningful difference in the lives of individuals in Southern Vermont. Overall, it is viewed positively as a trustworthy and impactful community partner.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Stratton Mountain & Valley Community Benefit Foundation Inc legitimate?
Stratton Mountain & Valley Community Benefit Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stratton Mountain & Valley Community Benefit 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: $124,736
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What is the mission statement of Stratton Mountain & Valley Community Benefit Foundation Inc?
The Stratton Mountain & Valley Community Benefit Foundation Inc has established a range of events, programs, and the Stratton Archives for the benefit of the public. Through grants, it supports various charitable causes, primarily focusing on enhancing opportunities, health, and quality of life for children and their families. One of their key objectives is to break the cycle of generational poverty in Southern Vermont. The foundation's activities aim to positively impact the community by providing resources and initiatives that promote well-being and development for children and their families.
Who is the CEO of Stratton Mountain & Valley Community Benefit Foundation Inc?
Steve Kerstein is the President of Stratton Mountain & Valley Community Benefit Foundation Inc.
What is the revenue of Stratton Mountain & Valley Community Benefit Foundation Inc?
Stratton Mountain & Valley Community Benefit Foundation Inc's revenue in 2022 was $754,691.
Who are the executives of Stratton Mountain & Valley Community Benefit Foundation Inc and what are their salaries?
The average compensation at Stratton Mountain & Valley Community Benefit Foundation Inc during 2022 was $41,579. There are 3 employees and 60 volunteers at Stratton Mountain & Valley Community Benefit Foundation Inc.
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Where can I find the form 990 for Stratton Mountain & Valley Community Benefit Foundation Inc?
Stratton Mountain & Valley Community Benefit Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Stratton Mountain & Valley Community Benefit Foundation Inc
Stratton Mountain & Valley Community Benefit Foundation Inc is dedicated to enhancing opportunities, improving health, and elevating the quality of life for children and their families. To achieve this mission, the organization has established a range of events, programs, and Stratton Archives for public benefit. Moreover, it grants funds to various charitable causes, aiming to break the cycle of generational poverty in Southern Vermont. By implementing these initiatives, Stratton Mountain & Valley Community Benefit Foundation Inc seeks to make a positive impact on the lives of numerous families, providing them with the resources and support they need to thrive.
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Impact
July, 2024
Stratton Mountain & Valley Community Benefit Foundation Inc's impact is evident in the numerous events and programs it has established for the benefit of the public. Through grants, the organization supports various charitable causes, including efforts to break the cycle of generational poverty in Southern Vermont. This contributes to enhancing opportunities, health, and the quality of life for children and their families in the region. Additionally, the foundation's establishment of the Stratton Archives ensures the preservation of important historical and cultural resources for the community's benefit.
This information is meant to be a general summary of Stratton Mountain & Valley Community Benefit 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,575
- Gross Receipts: $881,024
Assets and Liabilities:
- Total Assets: $872,871
- Total Liabilities: $0
- Net Assets: $872,871
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Organization Details
Founding Year
1996
Phone
(802) 297-2096Principal Officer
Steve Kerstein
Main Address
PO BOX 523, STRATTON MOUNTAIN, VT, 05155
NTEE Category
Code: A600 - Arts
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