Overview
What is Cortland Community Foundation?
Cortland Community Foundation is a nonprofit organization situated in Cortland, New York. Their primary goal is to contribute financially and provide support to various civic, educational, and charitable programs, as well as initiatives focused on community development and affordable housing within their local community. The foundation's activities involve offering grants and contributions to promote these causes, thereby enhancing the well-being and development of the region.
Official website here: www.cortlandcommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Cortland Community Foundation has received a Four-Star rating from Charity Navigator, indicating a high level of accountability and transparency in financial practices. Their overall score is derived entirely from their Accountability & Finance measures, which reflect a commitment to responsible management of funds and resources. This strong score suggests that the organization has been effectively managing its finances, instilling confidence in potential donors and stakeholders.
The foundation excels in several key areas, including having a fully independent board and a robust audit and oversight committee. They have achieved top scores for their conflict of interest and whistleblower policies, as well as for maintaining comprehensive documentation of their board meeting minutes. Additionally, their program expense ratio of 94.03% demonstrates that a significant majority of their expenditures are directed towards fulfilling their mission, rather than administrative costs.
While the rating reflects a solid performance, it is essential for potential supporters to consider their own goals and values when deciding to contribute. The foundation's financial health and governance structure are commendable, yet individuals may want to look further into the specific programs and impacts of their initiatives to ensure alignment with their philanthropic objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Cortland Community Foundation legitimate?
Cortland Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cortland Community 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.
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Official website here: www.cortlandcommunityfoundation.org
What is the mission statement of Cortland Community Foundation?
The Cortland Community Foundation's mission is centered around providing support for various civic, educational, and charitable programs, as well as community development and low-cost housing initiatives. This philanthropic organization seeks to contribute to the betterment of its community by providing grant funding and contributions. Its aim is to foster growth and improvement in the local area, ensuring that it remains a vibrant and thriving place for its residents.
Official website here: www.cortlandcommunityfoundation.org
Who is the CEO of Cortland Community Foundation?
Jackie Mccloskey is the Exec Director of Cortland Community Foundation.
Official website here: www.cortlandcommunityfoundation.org
What is the revenue of Cortland Community Foundation?
Cortland Community Foundation's revenue in 2022 was $620,901.
Official website here: www.cortlandcommunityfoundation.org
Who are the executives of Cortland Community Foundation and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.cortlandcommunityfoundation.org
Where can I find the form 990 for Cortland Community Foundation?
Cortland Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cortlandcommunityfoundation.org
Learn more at the official website: www.cortlandcommunityfoundation.org
Mission Statement of Cortland Community Foundation
Cortland Community Foundation is dedicated to serving its local community in New York by offering grants and contributions for various civic, educational, and charitable programs. Its mission extends beyond just financial aid, as it also focuses on community development and the creation of affordable housing initiatives. By providing these resources, the foundation aims to foster a thriving and inclusive community where everyone has access to essential services and opportunities. The foundation's work is instrumental in addressing the diverse needs of its community, ensuring that its local residents have the support they need to prosper and lead fulfilling lives.
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Impact
July, 2024
Cortland Community Foundation makes a significant impact in the local community of Cortland, New York by providing grants and contributions for civic, educational, and charitable programs. Additionally, the Foundation supports community development and low-cost housing initiatives, enriching the lives of residents and enhancing the overall quality of life in Cortland. Through its philanthropic efforts, Cortland Community Foundation plays a vital role in strengthening the community and fostering positive change.
This information is meant to be a general summary of Cortland Community 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 2022.
- Investment Income: $24,513
- Gross Receipts: $941,539
Assets and Liabilities:
- Total Assets: $1,404,387
- Total Liabilities: $11,657
- Net Assets: $1,392,730
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Organization Details
Phone
(607) 758-9553Principal Officer
Jackie Mccloskey
Main Address
PO BOX 466, CORTLAND, NY, 13045
NTEE Category
Code: T31 - Philanthropy
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