Overview
What is Community Foundation Of North Central Massachusetts Inc?
The Community Foundation of North Central Massachusetts Inc is a nonprofit organization situated in Fitchburg, Massachusetts. Their primary role is to manage charitable funds established by various individuals, families, businesses, and other nonprofit organizations. The foundation promotes philanthropy in the region and supports donors in investing in the communities and causes they are passionate about. In 2022, 12 new charitable funds were established with them, including scholarship, designated, donor-advised, fiscal sponsors, and agency funds. During the ongoing COVID-19 crisis, the foundation partnered with 15 other community foundations, Massachusetts state funding sources, and private funders to distribute over $2 million in COVID grants to North Central Massachusetts. These grants focused on addressing the needs of homeless people and food insecurity in the communities. Additionally, the foundation continues to distribute funds to nonprofits in North Central Massachusetts and beyond, aligning with their interest areas in the environment, education, career readiness, community enrichment, organizational development, healthcare, and critical community needs. With the reorganization of their grant-making schedule, they have seen an increase in board member involvement in each interest area grants committee. The foundation offers flexible giving options and serves as a trusted steward, providing education, guidance, and resources to strengthen and improve their communities.
Official website here: www.cfncm.org
Is Community Foundation Of North Central Massachusetts Inc legitimate?
Community Foundation Of North Central Massachusetts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of North Central Massachusetts 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: $154,777
Professional Fundraising Fees: $0
Other Salaries and Wages: $301,234
For more financial information, click here
What is the mission statement of Community Foundation Of North Central Massachusetts Inc?
The Community Foundation of North Central Massachusetts Inc serves as a trusted steward, offering flexible giving options to simplify donors' charitable goals. Through deep knowledge, leadership, collaboration, and grantmaking, they provide education, guidance, and resources to strengthen and improve their communities. Their mission is to promote philanthropy in the region and support philanthropists in investing in the communities and causes they are passionately committed to. In 2022, 12 new charitable funds were established with the foundation, including scholarship, designated, donor-advised, fiscal sponsors, and agency funds. During the ongoing COVID-19 crisis, the foundation partnered with 15 other community foundations, Massachusetts state funding sources, and private funders to distribute over $2 million in COVID grants to North Central Massachusetts, focusing on the support and needs of homeless people and addressing food insecurity in the communities. Additionally, the foundation continued to distribute funds from their discretionary funds to nonprofits in North Central Massachusetts and beyond, aligning with their interest areas in the environment, education, career readiness, community enrichment, organizational development, healthcare, and critical community needs. With the reorganization of their grantmaking schedule, there has been an increase in board member involvement in each of these interest area grant committees, and they have also begun to broaden the committees by inviting community members to participate.
Official website here: www.cfncm.org
Who is the CEO of Community Foundation Of North Central Massachusetts Inc?
Stephen J Adams is the Trustee of Community Foundation Of North Central Massachusetts Inc.
Official website here: www.cfncm.org
What is the revenue of Community Foundation Of North Central Massachusetts Inc?
Community Foundation Of North Central Massachusetts Inc's revenue in 2023 was $8,936,344.
Official website here: www.cfncm.org
Who are the executives of Community Foundation Of North Central Massachusetts Inc and what are their salaries?
The average compensation at Community Foundation Of North Central Massachusetts Inc during 2023 was $65,144. There are 7 employees and 23 volunteers at Community Foundation Of North Central Massachusetts Inc.
Here are 23 key members and their salaries:
- Stephen J Adams (President)
- Miggie Velez (Trustee)
- Kimberly Ansin (Trustee)
- Albert Stone (Trustee)
- Ronald Ansin (Trustee)
- William Aubuchon Iv (Vice-Chair) [Trustee/Director]
- Attorney John Barrett (Trustee)
- Leslie Garrison (Clerk) [Trustee/Director]
- David Huhtala (Trustee)
- Jay Drake (Chair) [Trustee/Director]
- Achlabahl Madan (Trustee)
- Attorney Henri Sans (Trustee)
- David Mckeehan (Trustee)
- Allen Rome (Trustee)
- Tina Griffin (Trustee)
- Thomas Bagley Iii (Trustee)
- Lucy Crocker Abisalih (Trustee)
- Janet Chambers (Trustee)
- Georgana Cochran (Chairman) [Trustee/Director]
- Ben Urquhart (Trustee)
- Gary Shepherd (Trustee)
- Alice Von Loescke (Trustee)
- Steven Stone (Treasurer)
Official website here: www.cfncm.org
Where can I find the form 990 for Community Foundation Of North Central Massachusetts Inc?
The Community Foundation Of North Central Massachusetts Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.cfncm.org
Learn more at the official website: www.cfncm.org
Mission Statement of Community Foundation Of North Central Massachusetts Inc
The Community Foundation of North Central Massachusetts Inc serves as a trusted steward, providing flexible giving options to simplify the achievement of donors' charitable goals. This non-profit organization, dedicated to promoting philanthropy in its region, offers education, guidance, and resources to strengthen and improve the communities it serves. Through its deep knowledge, leadership, collaboration, and grantmaking, it aims to support philanthropists in investing in the causes they care passionately about. During the ongoing COVID crisis in 2022, the Community Foundation of North Central Massachusetts Inc demonstrated its commitment to its community by partnering with 15 other community foundations, Massachusetts state funding sources, and private funders to distribute over $2 million in COVID grants. These grants focused on supporting homeless people and addressing food insecurity in the communities. Furthermore, the foundation continued to distribute funds from its discretionary funds to nonprofits whose missions aligned with its interest areas in environment, education, career readiness, community enrichment, organizational development, healthcare, and critical community needs. With the reorganization of its grantmaking schedule, the foundation has seen an increase in board member involvement in each of the interest area grant committees and has begun inviting community members to participate on the grant committees.
Impact
This information is meant to be a general summary of Community Foundation Of North Central Massachusetts Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The Community Foundation of North Central Massachusetts Inc's impact is significant in promoting philanthropy in the region and supporting individuals, families, businesses, and nonprofit organizations in investing in causes they care about. They have facilitated the establishment of various charitable funds, including scholarships, designated funds, donor-advised funds, fiscal sponsorships, and agency funds.
During the ongoing COVID crisis in 2022, the foundation collaborated with other community foundations and funding sources to distribute over $2 million in grants to address the needs of homeless individuals and tackle food insecurity in the community. They have continued to provide support to organizations in North Central Massachusetts and beyond, aligning with interest areas such as the environment, education, community enrichment, organizational development, healthcare, and critical community needs.
Furthermore, the foundation has increased board member involvement in grant committees and expanded participation by inviting community members to contribute to the decision-making process. Through their strategic grantmaking and collaborative efforts, the Community Foundation of North Central Massachusetts Inc has made a positive impact in strengthening and improving communities in the region.
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 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSESSMENTS
Revenue
$69,216
Organization Details
Founding Year
2001
Phone
(978) 345-8383
Principal Officer
Stephen J Adams
Main Address
649 JOHN FITCH HIGHWAY, FITCHBURG, MA, 01420
Website
www.cfncm.org
NTEE Category
Code: T31 - Philanthropy
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