Overview
What is Central Community Foundation?
The Central Community Foundation is a nonprofit organization, primarily funded by the membership of Central Rural Electric Cooperative. It serves a specific area, distributing charitable funds to enhance healthcare, aid in disaster relief, support education, and meet personal needs. The foundation operates within this area, channeling funds to both individuals and recognized non-profit organizations, guided by the discretion of its board. The mission of Central Community Foundation is to accumulate and disburse funds for charitable purposes, contributing significantly to the well-being of its community.
Official website here: www.mycentral.foundation
Is Central Community Foundation legitimate?
Central Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Community Foundation submitted a form 990EZ, 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.mycentral.foundation
What is the mission statement of Central Community Foundation?
The Central Community Foundation's mission is centered around accumulating and distributing funds for charitable purposes within the service area of Central Electric Cooperative, Inc. The foundation primarily focuses on supporting health care, disaster relief, education, and personal needs. It provides financial aid to both individuals and non-profit organizations within the same service area. The funds are disbursed at the discretion of the foundation's board, all sourced from the membership of Central Rural Electric Cooperative. The organization's role is to channel these funds towards charitable causes within its specified area.
Official website here: www.mycentral.foundation
What is the revenue of Central Community Foundation?
Central Community Foundation's revenue in 2023 was $110,429.
Official website here: www.mycentral.foundation
Who are the executives of Central Community Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.mycentral.foundation
Where can I find the form 990EZ for Central Community Foundation?
Central Community Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.mycentral.foundation
Learn more at the official website: www.mycentral.foundation
Mission Statement of Central Community Foundation
The Central Community Foundation is a charitable organization that gathers and distributes funds for benevolent purposes within the service area of Central Electric Cooperative, Inc. Its mission is to support various sectors such as healthcare, disaster relief, education, and personal needs. The foundation achieves this by allocating funds to both individuals and non-profit organizations within the jurisdiction of Central Rural Electric Cooperative. The distribution of these funds is at the discretion of the board, ensuring that the needs of the community are effectively addressed. The Central Community Foundation serves as a vital source of support, contributing to the betterment of lives and communities within its designated area.
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Impact
October, 2024
Central Community Foundation plays a vital role in enhancing the quality of life for individuals and organizations within the service area of Central Electric Cooperative, Inc. By accumulating and disbursing funds for charitable purposes, it addresses a variety of critical needs including healthcare, disaster relief, and education.
Through its financial support, the foundation directly impacts the lives of residents by providing assistance for personal needs and vital community services. Funds are allocated based on the discretion of the board, ensuring that resources are directed to where they are most needed and can create the greatest positive effect. The foundation's focus on collaboration with both individuals and local nonprofit organizations strengthens community ties and fosters resilience, demonstrating a commitment to uplifting those in need and promoting a healthier, more educated, and empowered community.
This information is meant to be a general summary of Central 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 2023.
- Investment Income: $7,426
- Gross Receipts: $110,429
Assets and Liabilities:
- Total Assets: $209,368
- Total Liabilities: $6,500
- Net Assets: $202,868
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Organization Details
Principal Officer
Donna Dollins
Website
www.mycentral.foundationNTEE Category
Code: P60 - Human services
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