Overview
What is Washington Community Fund Inc?
Washington Community Fund Inc, established in Washington, Connecticut, serves as a community foundation. Their primary objective is to extend aid to individuals within the local community who are in need. This involves providing essential assistance to those who are economically disadvantaged, fulfilling their mission of "Assistance to local needy people." The organization operates without any specific mention of employees or other structural details, yet it remains committed to supporting its community in times of need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
Washington Community Fund Inc has a score of 73%, which reflects its performance primarily in accountability and finance. The organization earned a perfect score for having a majority of independent board members, indicating strong governance practices. Additionally, it reported no material diversion of assets, and its liabilities to assets ratio stands at an impressive 0.00%, showcasing financial stability.
The organization demonstrates a strong commitment to its programs, with an impressive program expense ratio of 84.64%. This suggests that a significant portion of its resources is directed towards fulfilling its mission rather than administrative costs. Furthermore, the charity maintains transparency by documenting board meeting minutes, reinforcing its accountability to stakeholders.
Despite these strengths, the overall rating of Two Stars indicates that there may be areas for improvement in financial practices or transparency that could enhance its standing among peer organizations. Continued evaluation and enhancement of these aspects could help Washington Community Fund Inc build trust and further its impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Washington Community Fund Inc legitimate?
Washington Community Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington Community Fund 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 Washington Community Fund Inc?
The Washington Community Fund, a community foundation, has a mission to provide aid to those in need located within its community. Its primary objective is to offer assistance to individuals who are financially struggling. The organization is dedicated to supporting its local population in times of hardship. By focusing on the needs of its community, the Washington Community Fund aims to make a positive impact on the lives of its residents. The foundation's activities are centered around providing aid and support to those in need within its local community.
Who is the CEO of Washington Community Fund Inc?
Mary Anne Greene is the President of Washington Community Fund Inc.
What is the revenue of Washington Community Fund Inc?
Washington Community Fund Inc's revenue in 2023 was $199,967.
Who are the executives of Washington Community Fund Inc and what are their salaries?
There 6 volunteers at Washington Community Fund Inc.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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Where can I find the form 990 for Washington Community Fund Inc?
Washington Community Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Washington Community Fund Inc
Washington Community Fund Inc, as a community foundation, is dedicated to providing assistance to local individuals in need. Their mission, in simple terms, is to extend a helping hand to those who are economically disadvantaged within their community. By focusing on local aid, Washington Community Fund Inc strives to make a meaningful impact in the lives of its residents.
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Impact
October, 2024
Washington Community Fund Inc significantly impacts the community by providing essential assistance to local individuals and families in need. By focusing on philanthropy, the organization addresses various challenges faced by vulnerable populations in Washington, CT. Its efforts help to alleviate hardships, promote well-being, and support the dignity of those experiencing difficult circumstances. Through its community-focused initiatives, the Washington Community Fund fosters a spirit of generosity and collaboration, strengthening the social fabric of the area and enhancing the quality of life for its residents.
This information is meant to be a general summary of Washington Community Fund 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 2023.
- Investment Income: $54,557
- Gross Receipts: $554,005
Assets and Liabilities:
- Total Assets: $1,714,626
- Total Liabilities: $0
- Net Assets: $1,714,626
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Organization Details
Founding Year
1953
Phone
(860) 868-2783Principal Officer
Mary Anne Greene
Main Address
PO BOX 1213, WASHINGTON, CT, 06794
NTEE Category
Code: T31Z - Philanthropy
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