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Renew Massachusetts Coalition Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161698640 ✦ Northborough, MA ✦ Designated as a 501(c)(3)

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Overview

What is Renew Massachusetts Coalition Foundation Inc?

Renew Massachusetts Coalition Foundation Inc is a nonprofit organization located in Northborough, Massachusetts, with a strong mission to enhance the lives of families within the state. Their primary focus areas include education, economic growth, healthcare, marriage, and the sanctity of life. By working diligently in these domains, the foundation aims to significantly improve the overall quality of life for families in Massachusetts.


Official website here: www.renewmacoalition.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 43%, Zero-Star out of Four Star rating.

The Renew Massachusetts Coalition Foundation Inc has received a low rating primarily due to its accountability and finance score, which is significantly below average. While the organization scores well in governance aspects such as having a fully independent board and no material diversion of assets, it lacks essential policies like a whistleblower policy and document retention guidelines.

Financially, the organization faces challenges, as indicated by a high liabilities to assets ratio of 1651.11% and a low program expense ratio of 39.08%. These figures suggest that a large portion of its budget may not be directed towards its programs and services, which raises concerns about its effectiveness in fulfilling its mission.

Overall, while the foundation demonstrates good governance practices, its financial health and lack of critical policies highlight significant areas for improvement. The low score on Charity Navigator cautions potential donors about the risks associated with supporting this nonprofit without addressing these shortcomings.


This AI summary has been generated from information found on Charity Navigator.

Is Renew Massachusetts Coalition Foundation Inc legitimate?

Renew Massachusetts Coalition Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renew Massachusetts Coalition 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: $49,904
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,675

For more financial information, click here


Official website here: www.renewmacoalition.org

What is the mission statement of Renew Massachusetts Coalition Foundation Inc?

Renew Massachusetts Coalition Foundation Inc's mission is centered around enhancing the quality of life for families in Massachusetts. They aim to achieve this through various means, including education, economic growth, healthcare, and advocating for the sanctity of life. The organization also focuses on strengthening family structures through the promotion of marriage. In essence, Renew Massachusetts Coalition Foundation Inc strives to improve the living conditions of families in Massachusetts across multiple sectors.


Official website here: www.renewmacoalition.org

Who is the CEO of Renew Massachusetts Coalition Foundation Inc?

William Gillmeister is the Board Chairman/Director of Renew Massachusetts Coalition Foundation Inc.


Official website here: www.renewmacoalition.org

What is the revenue of Renew Massachusetts Coalition Foundation Inc?

Renew Massachusetts Coalition Foundation Inc's revenue in 2021 was $129,163.


Official website here: www.renewmacoalition.org

Who are the executives of Renew Massachusetts Coalition Foundation Inc and what are their salaries?

There 75 volunteers at Renew Massachusetts Coalition Foundation Inc.


Here are 9 key members and their salaries:


Walter Weld (Board Chairman/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chanel Prunier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Ruddy (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Wyatt (Clerk/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Beckwith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Breuer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William J Gillmeister (President / Executive Dire)
  • Compensation: $0
  • Related: $73,008
  • Other: $0
John Hajjar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Soukup (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.renewmacoalition.org

Where can I find the form 990 for Renew Massachusetts Coalition Foundation Inc?

Renew Massachusetts Coalition Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.renewmacoalition.org

Learn more at the official website: www.renewmacoalition.org

Mission Statement of Renew Massachusetts Coalition Foundation Inc

Renew Massachusetts Coalition Foundation Inc is committed to enhancing the living standards of families in Massachusetts. Their mission is multifaceted, encompassing education, economic growth, healthcare, marriage, and the sanctity of life. By focusing on these areas, the organization aims to significantly improve the quality of life for families in the Commonwealth of Massachusetts. The Foundation believes that through these initiatives, it can contribute to a more prosperous and nurturing environment for families within the state.

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Impact




October, 2024

Renew Massachusetts Coalition Foundation Inc has a significant impact on the quality of life for families across the Commonwealth. By focusing on education, economic growth, health care, marriage, and the sanctity of life, the organization actively works to enhance family welfare and community well-being.

Through educational initiatives, the foundation empowers families with the knowledge and skills necessary to thrive in today’s society, fostering greater opportunities for children and parents alike. Economic growth efforts contribute to job creation and financial stability, helping families achieve self-sufficiency and improved living standards.

In the realm of health care, the foundation advocates for access to quality services, ensuring that families can receive the support they need to maintain their physical and mental well-being. By promoting the values of marriage and family life, Renew Massachusetts Coalition strengthens interpersonal relationships, contributing to a more stable and supportive community environment.

Overall, the foundation aims to create a cohesive and flourishing society where families in Massachusetts can thrive, leading to lasting positive changes within the community.




This information is meant to be a general summary of Renew Massachusetts Coalition 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.

Revenue
$129,163 (2021)
Expenses
$190,156 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $129,163

Assets and Liabilities:

  • Total Assets: $36,370
  • Total Liabilities: $520,485
  • Net Assets: -$484,115

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Organization Details

Founding Year

2004

Principal Officer

William Gillmeister

Main Address

300 WEST MAIN ST C4, NORTHBOROUGH, MA, 01532

NTEE Category

Code: P46 - Human services

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