Overview
What is Community Foundation Of Middlesex County Inc?
Community Foundation of Middlesex County Inc is a nonprofit organization situated in Middletown, Connecticut, with a mission to enhance the well-being of Middlesex County's inhabitants and its vicinity. Established in 1997, this philanthropic entity has grown through numerous contributions from caring donors, embodying the "community foundation idea" that anyone can contribute to their local community. The organization engages in charitable activities and extends financial aid through grants, contributions, or other forms of assistance. Since its inception, generous individuals, companies, institutions, organizations, and businesses have supported its initiatives, aiming to positively impact the lives of Middlesex County residents, not just for the present but for future generations as well.
Official website here: www.middlesexcountycf.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
The Community Foundation of Middlesex County Inc has achieved an impressive 100% score on Charity Navigator, resulting in a Four-Star rating. This marks it as an organization with exceptional accountability and financial management practices. With a high percentage of independent board members and rigorous financial oversight, it demonstrates a strong commitment to transparency and ethical governance.
The organization excels in financial efficiency and programmatic spending, with a program expense ratio of 77.67%, indicating that the majority of its funds are directed towards its programs rather than administrative costs. Furthermore, its fundraising efficiency is notably high, requiring only $0.09 to raise each dollar, showcasing effective fundraising strategies that maximize donor contributions.
While the organization displays exemplary practices in multiple areas, its continued focus on maintaining its independent oversight and financial health will be crucial for sustaining its positive reputation. Overall, the Community Foundation of Middlesex County Inc stands out as a well-managed nonprofit dedicated to its mission and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Middlesex County Inc legitimate?
Community Foundation Of Middlesex County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Middlesex County 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: $170,174
Professional Fundraising Fees: $0
Other Salaries and Wages: $242,282
For more financial information, click here
Official website here: www.middlesexcountycf.org
What is the mission statement of Community Foundation Of Middlesex County Inc?
The Community Foundation of Middlesex County Inc's mission is centered around enhancing the well-being of community inhabitants. They achieve this by engaging in charitable activities and extending financial aid through grants, contributions, or other forms of assistance. The organization encourages philanthropy, allowing anyone to contribute back to their community. The Community Foundation represents local people, making a lasting impact on others' lives, not just for the present, but for future generations. It started as a grassroots effort with numerous donations from caring individuals and continues to thrive today, with friends, neighbors, businesses, and organizations collaborating to pool their gifts and positively impact the community. Since its establishment in 1997, numerous generous individuals, companies, institutions, organizations, and businesses have contributed to their cause.
Official website here: www.middlesexcountycf.org
Who is the CEO of Community Foundation Of Middlesex County Inc?
Cynthia Clegg is the President & of Community Foundation Of Middlesex County Inc.
Official website here: www.middlesexcountycf.org
What is the revenue of Community Foundation Of Middlesex County Inc?
Community Foundation Of Middlesex County Inc's revenue in 2022 was $3,603,305.
Official website here: www.middlesexcountycf.org
Who are the executives of Community Foundation Of Middlesex County Inc and what are their salaries?
The average compensation at Community Foundation Of Middlesex County Inc during 2022 was $82,491. There are 5 employees and 132 volunteers at Community Foundation Of Middlesex County Inc.
Here are 26 key members and their salaries:
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Official website here: www.middlesexcountycf.org
Where can I find the form 990 for Community Foundation Of Middlesex County Inc?
Community Foundation Of Middlesex County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.middlesexcountycf.org
Learn more at the official website: www.middlesexcountycf.org
Mission Statement of Community Foundation Of Middlesex County Inc
The Community Foundation of Middlesex County Inc, a philanthropic organization, is dedicated to enhancing the well-being of its community's inhabitants. This is achieved through various charitable activities and by extending financial aid in the form of grants, contributions, or other forms of assistance. The foundation's mission is grounded in the belief that anyone can be a philanthropist and contribute to their community's betterment. It serves as a platform for local individuals, businesses, and organizations to pool their resources, collectively making a positive impact on the lives of others, not just for the short term, but for generations to come. The Community Foundation of Middlesex County Inc began as a grassroots effort, with numerous caring donors contributing to its establishment. This tradition continues today, fostering a sense of community unity and investment in its future.
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Impact
July, 2024
The impact of the Community Foundation of Middlesex County Inc is profound and far-reaching. By engaging in charitable activities and providing financial aid through grants, contributions, and other assistance, the foundation plays a crucial role in promoting the well-being of the inhabitants of Middlesex County and its vicinity. Since its establishment in 1997, the foundation has facilitated a culture of philanthropy where local individuals, businesses, and organizations come together to make a lasting impact on their community. Through the pooling of resources and the dedication of countless caring donors, the foundation has been able to support initiatives that improve the lives of others, not just for today but for generations to come. This collaborative approach to giving locally exemplifies the foundation's commitment to creating a positive and sustainable impact in Middlesex County.
This information is meant to be a general summary of Community Foundation Of Middlesex County 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: $807,160
- Gross Receipts: $8,241,816
Assets and Liabilities:
- Total Assets: $32,297,532
- Total Liabilities: $1,538,832
- Net Assets: $30,758,700
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Organization Details
Founding Year
1997
Phone
(860) 347-0025Principal Officer
Cynthia Clegg
Main Address
49 MAIN STREET, MIDDLETOWN, CT, 06457
Website
www.middlesexcountycf.orgNTEE Category
Code: T31 - Philanthropy
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