Overview
What is Red Lodge Area Community Foundation?
The Red Lodge Area Community Foundation is a vital nonprofit organization situated in Red Lodge, Montana. With a team of 39 dedicated individuals, their primary mission is to foster a strong, vibrant, resilient, inclusive community by catalyzing change and leveraging resources. They accomplish this through three key facets: grant making, leadership, and philanthropy services. In response to the Carbon County disaster, the foundation raised an impressive $1.3 million in donations, providing emergency funds and long-term disaster recovery efforts to affected households. Furthermore, their No-Charge Public Transportation Service, named Carbon County Area Ride & Transit, has been a lifeline for community members, increasing the number of rides and riders each year, connecting all communities within Carbon County and offering regular trips to Billings, MT.
Official website here: www.rlacf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% (Three-Star out of Four Stars )ating)
The Red Lodge Area Community Foundation has received an 88% rating from Charity Navigator, indicating a solid performance in both accountability and community engagement. With a strong Accountability & Finance score of 87 and an impressive Culture & Community score of 90, the organization demonstrates effective financial management along with active involvement in serving its community.
Financial indicators show a healthy financial state, highlighted by a low liabilities-to-assets ratio of 10.44% and a program expense ratio of 89.72%, suggesting that a high percentage of their funds are directed towards programs rather than administrative costs. The fundraising efficiency ratio is notably low at $0.02, indicating that the charity is effective in its fundraising efforts relative to its expenses.
However, while the organization excels in various areas, there are some limitations, particularly in its equity strategies where it scored 85 out of 100. The equity data points received a lower score, suggesting that there could be improvements in their data collection and policies related to equity. Overall, the feedback from constituents has been overwhelmingly positive, reflecting strong community support and engagement in their initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Red Lodge Area Community Foundation?
100% of 8 reviewers on Facebook recommend the Red Lodge Area Community Foundation. Here is a summary of their reviews:
Commenters express a strong sense of gratitude for the positive impact the foundation has on the community. Many highlight the foundation's dedication to supporting local initiatives and fostering a sense of unity among residents.
Overall, individuals appreciate the foundation's contributions and feel fortunate to have such a valuable resource in their area, showcasing a deep appreciation for the services and support it offers to the local community.
This AI summary has been generated from reviews found on Facebook.
Is Red Lodge Area Community Foundation legitimate?
Red Lodge Area Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red Lodge Area 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $88,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $648,484
For more financial information, click here
Official website here: www.rlacf.org
What is the mission statement of Red Lodge Area Community Foundation?
The Red Lodge Area Community Foundation serves its community by connecting people and fostering a sense of community by catalyzing change and leveraging resources. The foundation operates under three key facets: grant making, leadership, and philanthropy services. As a neutral convener, its mission is to build a strong, vibrant, resilient, and inclusive community. The foundation provides emergency funds and long-term disaster recovery efforts through grant making, supports essential transportation services, and explores financial resources to ensure the long-term viability of these services. In 2022, the foundation demonstrated remarkable impact through its disaster relief efforts, providing substantial financial aid to flood-affected households and agricultural property owners.
Official website here: www.rlacf.org
Who is the CEO of Red Lodge Area Community Foundation?
Tracy Timmons is the Director of Red Lodge Area Community Foundation.
Official website here: www.rlacf.org
What is the revenue of Red Lodge Area Community Foundation?
Red Lodge Area Community Foundation's revenue in 2022 was $4,406,019.
Official website here: www.rlacf.org
Who are the executives of Red Lodge Area Community Foundation and what are their salaries?
The average compensation at Red Lodge Area Community Foundation during 2022 was $18,887. There are 39 employees and 715 volunteers at Red Lodge Area Community Foundation.
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- Compensation: $88,100
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Official website here: www.rlacf.org
Where can I find the form 990 for Red Lodge Area Community Foundation?
Red Lodge Area Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rlacf.org
Learn more at the official website: www.rlacf.org
Mission Statement of Red Lodge Area Community Foundation
The Red Lodge Area Community Foundation serves its community by bridging connections and fostering change. Acting as a neutral mediator, this organization catalyzes progress by leveraging resources to build a robust, vibrant, resilient, and inclusive community. Its three primary facets include grant making, leadership, and philanthropy services.
The foundation demonstrates its commitment to its mission through various initiatives. One notable example is its involvement in the Carbon County Disaster Relief Fund. The outpouring of support in the form of donations resulted in a substantial sum of $1.3 million by the end of the year. This fund was instrumental in providing emergency relief, with the first round of grants distributing $275,000 to 91 households and the second round granting $481,000 to 46 impacted homeowners. Furthermore, the New One Valley Ag Relief Fund granted an additional $265,000 to agriculture property owners, demonstrating the foundation's far-reaching impact on various sectors within the community.
In addition to its financial support, the Red Lodge Area Community Foundation also contributes to essential services. The Carbon County Area Ride & Transit completed its second year, providing vital transportation to people without other options. The service, which connects all communities within Carbon County and offers regular trips to Billings, MT, saw a steady increase in the number of rides and riders each year. The foundation continues to explore financial resources to ensure the long-term viability of this crucial service, contributing to the overall well-being and connectivity of the community.
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Impact
October, 2024
The Red Lodge Area Community Foundation has made a significant impact in the community, particularly following recent disasters. In 2022, the foundation played a crucial role in generating an impressive $1.3 million for the Carbon County Disaster Relief Fund. This financial support led to substantial emergency assistance, with $275,000 allocated to 91 households and an additional $481,000 granted to 46 affected homeowners in subsequent rounds of funding.
Moreover, the New One Valley Ag Relief Fund provided $265,000 to support local agriculture property owners, demonstrating the foundation's commitment to diverse community needs. Collaborating with organizations like the Center for Disaster Philanthropy and the Montana Community Foundation, the foundation secured $221,000 to aid long-term recovery efforts for flood-impacted households.
In addition to disaster relief, the foundation continued to enhance mobility in the region through the Carbon County Area Ride & Transit program, which completed its second year of operation. This essential service saw a steady increase in rides and riders, connecting communities across Carbon County and providing crucial transportation to Billings, MT. The foundation remains dedicated to exploring financial resources to ensure the sustainability of this transportation service, reinforcing its mission to build a strong, vibrant, resilient, and inclusive community.
This information is meant to be a general summary of Red Lodge Area 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: $27,104
- Program Service Revenue: $149,499
- Gross Receipts: $4,406,019
Assets and Liabilities:
- Total Assets: $2,935,918
- Total Liabilities: $306,712
- Net Assets: $2,629,206
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BACK OFFICE SERVICES
Revenue
$134,799
AFFILIATED ORGANIZATIO
Revenue
$14,700
Organization Details
Founding Year
2003
Phone
(406) 446-2820Principal Officer
Tracy Timmons
Main Address
PO BOX 1871, RED LODGE, MT, 590681871
Website
www.rlacf.orgNTEE Category
Code: T31 - Philanthropy
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