Overview
What is Community Foundation Of Elmira-Corning And The Finger Lakes Inc?
Community Foundation of Elmira-Corning and the Finger Lakes Inc., situated in Horseheads, New York, serves as a philanthropic organization. Their primary mission is to bridge the gap between community needs and donor generosity, focusing on Chemung, Schuyler, Steuben, and Yates counties in the Southern Tier of New York State. The foundation accomplishes this through grants and scholarships, aiming to uplift the local community by channeling financial aid towards its most pressing issues. With a workforce of six individuals, they strive to realize the community's potential and support its people in various ways.
Official website here: www.communityfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
The Community Foundation of Elmira-Corning and the Finger Lakes Inc has achieved an impressive 99% score from Charity Navigator, reflecting its high standards in accountability and finance. With a perfect score of 100 in accountability, the organization demonstrates strong financial management practices and transparency, including an independent board with no material diversions of assets. The foundation effectively utilizes its resources, with 89.17% of expenses directed towards programs.
In addition to its financial strengths, the foundation excels in fostering a positive organizational culture, achieving a 91% score in this area. It demonstrates a strong commitment to collecting and using constituent feedback, which is rated a perfect 100 points. This indicates that the foundation values community input and adapts its practices based on this feedback, ensuring that its programs meet the needs of those it serves.
While the organization shows exceptional performance overall, it could further enhance its equity strategies, which currently score 87 out of 100. This suggests there might be room for improvement in addressing equity-related initiatives or outreach. Nevertheless, the foundation's strong ratings in accountability, community engagement, and financial efficiency highlight its role as a trustworthy nonprofit serving the Finger Lakes region.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Elmira-Corning And The Finger Lakes Inc legitimate?
Community Foundation Of Elmira-Corning And The Finger Lakes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Elmira-Corning And The Finger Lakes 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: $189,243
Professional Fundraising Fees: $0
Other Salaries and Wages: $334,144
For more financial information, click here
Official website here: www.communityfund.org
What is the mission statement of Community Foundation Of Elmira-Corning And The Finger Lakes Inc?
The Community Foundation of Elmira-Corning and the Finger Lakes Inc. is committed to realizing the potential in their community by matching the generosity of donors with the community's most pressing needs. They achieve this through grant and scholarship distributions, specifically supporting individuals in Chemung, Schuyler, Steuben, and Yates counties in the Southern Tier of New York State. Their primary goal is to address the community's needs by providing financial aid to charitable non-profit organizations in the Chemung-Steuben county area.
Official website here: www.communityfund.org
Who is the CEO of Community Foundation Of Elmira-Corning And The Finger Lakes Inc?
Judith Rowe is the Chair of Community Foundation Of Elmira-Corning And The Finger Lakes Inc.
Official website here: www.communityfund.org
What is the revenue of Community Foundation Of Elmira-Corning And The Finger Lakes Inc?
Community Foundation Of Elmira-Corning And The Finger Lakes Inc's revenue in 2023 was $3,876,742.
Official website here: www.communityfund.org
Who are the executives of Community Foundation Of Elmira-Corning And The Finger Lakes Inc and what are their salaries?
The average compensation at Community Foundation Of Elmira-Corning And The Finger Lakes Inc during 2023 was $87,231. There are 6 employees and 57 volunteers at Community Foundation Of Elmira-Corning And The Finger Lakes Inc.
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- Compensation: $103,632
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- Other: $10,068
Official website here: www.communityfund.org
Where can I find the form 990 for Community Foundation Of Elmira-Corning And The Finger Lakes Inc?
Community Foundation Of Elmira-Corning And The Finger Lakes Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.communityfund.org
Learn more at the official website: www.communityfund.org
Mission Statement of Community Foundation Of Elmira-Corning And The Finger Lakes Inc
The Community Foundation of Elmira-Corning and the Finger Lakes Inc is devoted to unlocking the potential within its community. By harnessing the generosity of its donors, this organization matches their contributions with the community's most pressing needs. The foundation's philanthropic efforts primarily focus on supporting the individuals and families residing in Chemung, Schuyler, Steuben, and Yates counties situated in the Southern Tier of New York State. Through its grants and scholarships, the Community Foundation of Elmira-Corning and the Finger Lakes Inc aims to foster growth and development within this region.
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Impact
October, 2024
The Community Foundation of Elmira-Corning and the Finger Lakes Inc. significantly enhances the well-being of residents in Chemung, Schuyler, Steuben, and Yates Counties through strategic philanthropy. By aligning donor generosity with the most pressing community needs, it provides vital grants and scholarships that support various charitable organizations and initiatives. This initiative not only addresses immediate challenges but also fosters long-term growth and development within the region.
Through its efforts, the foundation empowers individuals and organizations, enabling them to realize their full potential. By investing in education, health, the arts, and community development, it plays a crucial role in enriching the quality of life and creating opportunities for residents. The foundation’s work is a catalyst for positive change, building a stronger, more connected community in the southern tier of New York State.
This information is meant to be a general summary of Community Foundation Of Elmira-Corning And The Finger Lakes 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: $1,311,331
- Program Service Revenue: $11,078
- Gross Receipts: $5,388,760
Assets and Liabilities:
- Total Assets: $68,654,981
- Total Liabilities: $2,543,822
- Net Assets: $66,111,159
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE INCOME
Revenue
$11,078
Organization Details
Founding Year
1977
Phone
(607) 739-3900Principal Officer
Judith Rowe
Main Address
301 SOUTH MAIN STREET, HORSEHEADS, NY, 14845
Website
www.communityfund.orgNTEE Category
Code: T31 - Philanthropy
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