Overview
What is James C Acheson Charitable Foundation?
The James C. Acheson Charitable Foundation is a nonprofit organization situated in Port Huron, Michigan. Established with the mission to support and collaborate with the Community Foundation of St. Clair County, its primary objective is to contribute to the Community Renaissance Program, which aims to revitalize the Southside of Port Huron by rebuilding neighborhoods. The foundation operates under the Community Foundation's umbrella, channeling funds and carrying out its purposes to benefit the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 63%)
The James C Acheson Charitable Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. While the foundation has a majority independent board, substantial shortcomings were noted, including a complete lack of an independent board size and several critical policies not being in place or publicly available. This raises concerns about governance and transparency within the organization.
Strengths identified in the evaluation include a perfect score for the material diversion of assets, demonstrating responsible management of resources, and a strong program expense ratio, indicating that a significant portion of funds is directed towards its mission. The foundation also scored well on liabilities to assets ratio, reflecting sound financial health.
Despite these strengths, areas requiring immediate attention include the absence of essential governance policies such as conflict of interest and whistleblower policies, as well as a lack of transparency regarding its documentation and website presence. These limitations could hinder public trust and overall effectiveness in fulfilling the foundation's charitable objectives.
This AI summary has been generated from information found on Charity Navigator.
Is James C Acheson Charitable Foundation legitimate?
James C Acheson Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. James C Acheson Charitable Foundation 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
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What is the mission statement of James C Acheson Charitable Foundation?
The James C. Acheson Charitable Foundation was established with the purpose of managing and distributing funds for the benefit of various community initiatives. Its mission is to perform functions and carry out the objectives of the Community Foundation of St. Clair County. Specifically, the foundation supports the Community Renaissance Program, an initiative aimed at redeveloping neighborhoods on the southside of Port Hurton. This program invests in the community, aiming to rebuild local areas and improve the overall quality of life for the community members.
What is the revenue of James C Acheson Charitable Foundation?
James C Acheson Charitable Foundation's revenue in 2023 was -$133,717.
Who are the executives of James C Acheson Charitable Foundation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for James C Acheson Charitable Foundation?
James C Acheson Charitable Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of James C Acheson Charitable Foundation
The James C. Acheson Charitable Foundation was established with a mission to support and collaborate with the Community Foundation of St. Clair County. This mission involves receiving and administering funds, as well as performing functions and carrying out any purposes that benefit the community foundation. In essence, the foundation's role is to aid the Community Foundation in its initiatives, specifically in the context of the Community Renaissance Program. This program focuses on investing in the Southside of Port Huron to revitalize neighborhoods and improve the community as a whole.
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Impact
October, 2024
The James C. Acheson Charitable Foundation plays a vital role in enhancing the community life in Port Huron, Michigan, particularly through its support of the Community Foundation of St. Clair County. By focusing on community development projects such as the Community Renaissance Program, the foundation significantly contributes to rebuilding and revitalizing neighborhoods in the south side of Port Huron. This initiative not only addresses immediate neighborhood needs but also fosters a broader sense of community engagement and investment in local infrastructure and quality of life. Through its financial support and commitment to uplifting the community, the foundation's impact is seen in improved living conditions, enhanced community pride, and the stimulation of local economic growth.
This information is meant to be a general summary of James C Acheson Charitable Foundation. 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.
- Gross Receipts: $1,850,000
Assets and Liabilities:
- Total Assets: $2,009,625
- Total Liabilities: $0
- Net Assets: $2,009,625
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Organization Details
Founding Year
2002
Principal Officer
Donna M Niester
NTEE Category
Code: T193 - Philanthropy
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