Overview
What is Tamarack Foundation Inc?
Tamarack Foundation Inc, based in Charleston, West Virginia, is a nonprofit organization with a focus on education and charity. Their mission is to preserve and promote West Virginia's cultural heritage by offering services and opportunities to local artisans. The foundation actively engages in business development, arts and crafts training, and artisan relief aid programs, aiming to empower and uplift artisan entrepreneurs in the region. With a team of four dedicated individuals, Tamarack Foundation Inc is committed to fostering and extending the rich cultural heritage of West Virginia.
Official website here: www.tamarackfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Stars
The Tamarack Foundation Inc has achieved a Three-Star rating from Charity Navigator, which indicates a solid performance in accountability and finance. The rating is based entirely on their accountability and finance score of 83%, demonstrating effective management of resources and compliance with guidelines. Notably, the organization showcases a fully independent board, high program expense ratios, and no material diversion of assets, reflecting transparency and responsible financial practices.
User feedback highlights the foundation's significant role in supporting West Virginia artisans, with many clients and volunteers praising the personalized assistance and professional growth opportunities offered through various programs. Reviews consistently note the foundation's commitment to enhancing the livelihoods of local artists by providing access to resources, networking, and financial aid, which is said to lead to tangible improvements in their businesses and careers.
However, some criticism has emerged regarding the management at the foundation, with a few users expressing concerns about staff experience and the organization’s operational focus. While the foundation continues to foster a vibrant artisan community, feedback suggests areas for improvement in management effectiveness and innovation to further enhance the experience for both artists and patrons. Overall, the Tamarack Foundation remains a valuable asset to the West Virginia arts community, with a strong commitment to supporting local talent.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Tamarack Foundation Inc legitimate?
Tamarack Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tamarack 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: $73,813
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,248
For more financial information, click here
Official website here: www.tamarackfoundation.org
What is the mission statement of Tamarack Foundation Inc?
The Tamarack Foundation Inc's mission is centered around fostering, enhancing, and extending the cultural heritage of West Virginia. It achieves this by providing various services and opportunities to West Virginian artisans. The foundation's objectives are purely educational and charitable in nature. The primary focus of the foundation is to create and deliver business development, arts and crafts training, and artisan relief aid programs to benefit artisan entrepreneurs in the region.
Official website here: www.tamarackfoundation.org
Who is the CEO of Tamarack Foundation Inc?
Renee Margocee is the President of Tamarack Foundation Inc.
Official website here: www.tamarackfoundation.org
What is the revenue of Tamarack Foundation Inc?
Tamarack Foundation Inc's revenue in 2022 was $472,563.
Official website here: www.tamarackfoundation.org
Who are the executives of Tamarack Foundation Inc and what are their salaries?
The average compensation at Tamarack Foundation Inc during 2022 was $37,265. There are 4 employees at Tamarack Foundation Inc.
Here are 9 key members and their salaries:
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- Compensation: $73,813
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Official website here: www.tamarackfoundation.org
Where can I find the form 990 for Tamarack Foundation Inc?
Tamarack Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tamarackfoundation.org
Learn more at the official website: www.tamarackfoundation.org
Mission Statement of Tamarack Foundation Inc
Tamarack Foundation Inc, a nonprofit organization, is committed to fostering, enhancing, and extending the cultural heritage of West Virginia. They achieve this mission by providing services and opportunities to West Virginian artisans. The foundation's objectives are purely educational and charitable in nature, aiming to support and empower local artisans.
To fulfill its mission, Tamarack Foundation Inc implements various programs. These include business development initiatives, arts and crafts training, and artisan relief aid programs. These programs are designed to benefit artisan entrepreneurs, thereby promoting the growth and preservation of West Virginia's cultural heritage. By offering these resources, the foundation seeks to empower West Virginian artisans, allowing them to showcase their talents and contribute to the rich cultural landscape of their state.
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Impact
July, 2024
Tamarack Foundation Inc fosters, enhances, and extends the cultural heritage of West Virginia by providing services and opportunities to West Virginian artisans. The organization helps create and deliver business development, arts and crafts training, and artisan relief aid programs to benefit artisan entrepreneurs. Through these initiatives, Tamarack Foundation Inc makes a direct impact on supporting and sustaining the artistic community in West Virginia, contributing to the cultural vibrancy and economic growth of the region.
This information is meant to be a general summary of Tamarack 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: $58
- Program Service Revenue: $5,913
- Gross Receipts: $472,563
Assets and Liabilities:
- Total Assets: $617,013
- Total Liabilities: $22,023
- Net Assets: $594,990
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,743
Organization Details
Founding Year
2000
Phone
(304) 926-3770Principal Officer
Renee Margocee
Main Address
1116 SMITH STREET 410, CHARLESTON, WV, 25301
Website
www.tamarackfoundation.orgNTEE Category
Code: A20 - Arts
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