Overview
What is Berks County Chamber Foundation?
The Berks County Chamber Foundation is a nonprofit organization situated in Reading, Pennsylvania. With a strong focus on the community's welfare, their contributions primarily support charitable projects, particularly those that promote workforce and educational initiatives. The foundation's mission is to foster prosperity in the Berks County area, giving attention to its economic, civic, commercial, cultural, industrial, and educational interests. By doing so, they aim to contribute positively to both the citizens and the business community within the area.
Official website here: www.greaterreading.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
The Berks County Chamber Foundation has received a solid Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. With an overall score of 87%, the organization demonstrates effective management of its resources, highlighted by a 99.90% program expense ratio, indicating that nearly all funds are directed toward its mission.
Strengths identified include a fully independent board, with 10 out of 10 points awarded for board independence and size. The foundation has successfully implemented key governance policies, such as a conflict of interest policy and document retention guidelines. Additionally, there is no reported material diversion of assets, which speaks to the foundation’s integrity in financial management.
However, some areas need improvement, particularly in transparency. The foundation lacks a whistleblower policy and does not publish board meeting minutes, which can hinder accountability. Additionally, the tax form required posting on its website is missing, which may affect public trust. Overall, while the foundation shows strong financial practices, addressing these governance gaps could enhance its credibility further.
This AI summary has been generated from information found on Charity Navigator.
Is Berks County Chamber Foundation legitimate?
Berks County Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Berks County Chamber 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.greaterreading.org
What is the mission statement of Berks County Chamber Foundation?
The Berks County Chamber Foundation's mission is centered around enhancing the overall well-being and prosperity of its community. This encompasses various sectors, including the economic, civic, commercial, cultural, industrial, and educational interests. The organization aims to provide necessary attention to these areas, with a particular emphasis on their development. The foundation utilizes contributions to support charitable projects, primarily focusing on workforce and educational initiatives.
Official website here: www.greaterreading.org
Who is the CEO of Berks County Chamber Foundation?
James Gerlach is the Chair of Berks County Chamber Foundation.
Official website here: www.greaterreading.org
What is the revenue of Berks County Chamber Foundation?
Berks County Chamber Foundation's revenue in 2022 was $40,706.
Official website here: www.greaterreading.org
Who are the executives of Berks County Chamber Foundation and what are their salaries?
There 9 volunteers at Berks County Chamber Foundation.
Here are 9 key members and their salaries:
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Official website here: www.greaterreading.org
Where can I find the form 990 for Berks County Chamber Foundation?
Berks County Chamber Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greaterreading.org
Learn more at the official website: www.greaterreading.org
Mission Statement of Berks County Chamber Foundation
The Berks County Chamber Foundation, a prominent nonprofit organization, is dedicated to enhancing the overall well-being and prosperity of its community. It focuses its attention on various sectors, including economic, civic, commercial, cultural, industrial, and educational interests, ensuring that all aspects of the business community thrive. The organization's primary mission is to provide necessary support and give particular emphasis to these diverse interests, thereby contributing to the overall success and development of its local area.
In line with this mission, the Berks County Chamber Foundation channels its contributions towards charitable projects within the community, primarily focusing on workforce and educational initiatives. By doing so, the organization aims to foster an environment that encourages growth and development among its citizens, ultimately contributing to the overall prosperity of the community. The foundation's activities and projects are instrumental in addressing the unique challenges and needs of the area, thereby promoting a well-rounded and prosperous community.
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Impact
August, 2024
The Berks County Chamber Foundation plays a crucial role in advancing the general welfare and prosperity of the Berks County area. Through its focus on economic, civic, commercial, cultural, industrial, and educational interests, the foundation contributes to the overall betterment of the community. Specifically, it supports charitable projects that center around workforce and educational initiatives, aiming to enhance opportunities for residents and businesses alike. By prioritizing the growth and development of the region, the Berks County Chamber Foundation positively impacts the community and helps foster a more prosperous environment for all.
This information is meant to be a general summary of Berks County Chamber 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.
- Gross Receipts: $40,706
Assets and Liabilities:
- Total Assets: $2,406
- Total Liabilities: $0
- Net Assets: $2,406
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Organization Details
Founding Year
1985
Phone
(610) 376-6766Principal Officer
James Gerlach
Main Address
606 COURT STREET, READING, PA, 19601
Website
www.greaterreading.orgNTEE Category
Code: S30 - Community improvement
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