Overview
What is Millville Community Foundation Inc?
Millville Community Foundation Inc is a nonprofit based in Bloomsburg, Pennsylvania, dedicated to supporting charitable organizations in Millville and its surrounding communities. By raising funds and distributing them to eligible 501(c)(3) organizations, they contribute to various causes in the region. Beyond this, they offer additional assistance to local organizations and have a program named Planters, further expanding their reach and impact within the Millville area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
The Millville Community Foundation Inc has received a two-star rating, indicating areas that require improvement despite some strengths in its operations. The organization has scored 73% overall, with a particularly strong program expense ratio of 87.86%, reflecting a commitment to using a significant portion of its funds for programmatic activities rather than administrative costs. Additionally, the foundation boasts a fully independent board, rated at 10 out of 10 points, which is a positive indicator of governance.
However, the foundation faces significant shortcomings in its governance policies, as it lacks key documents such as a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which received zero points. Furthermore, important transparency measures, like having its website listed on its tax form and posting its tax form on its website, are missing, which may affect public trust and accountability. These limitations highlight critical areas needing attention to enhance operational integrity and community confidence.
Overall, while the Millville Community Foundation shows a solid commitment to its programs, addressing these gaps in governance and transparency is essential for improving its overall rating and effectiveness. Enhancing accountability measures can bolster its reputation and ensure that it serves its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Millville Community Foundation Inc legitimate?
Millville Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Millville Community 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Millville Community Foundation Inc?
The Millville Community Foundation's mission is to support charitable organizations within its community and its surrounding areas. They accomplish this by raising funds and making distributions to organizations that meet the criteria of being exempt organizations under 501(c)(3). The foundation also provides additional support to various organizations in the Millville area and has a program called Planters. In essence, their role is to contribute to the well-being of their community by financially supporting qualifying charitable organizations.
Who is the CEO of Millville Community Foundation Inc?
Martin Bowman is the President, Treasurer of Millville Community Foundation Inc.
What is the revenue of Millville Community Foundation Inc?
Millville Community Foundation Inc's revenue in 2022 was $47,999.
Who are the executives of Millville Community Foundation Inc and what are their salaries?
There 5 volunteers at Millville Community Foundation Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Millville Community Foundation Inc?
Millville Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Millville Community Foundation Inc
The Millville Community Foundation, in its mission, focuses on supporting charitable organizations within Millville and its surrounding communities. By adhering to the guidelines set by the Internal Revenue Service as an exempt organization under 501(c)(3), this foundation raises funds and makes distributions to eligible organizations. Beyond financial aid, the Millville Community Foundation also extends additional support to various organizations within the Millville area. Notably, they have a program called Planters, which further underscores their commitment to the Millville community.
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Impact
August, 2024
Millville Community Foundation Inc plays a crucial role in supporting charitable organizations in Millville, PA, and its surrounding communities. By raising funds and making distributions to qualified exempt organizations under 501(c)(3), they have a direct impact on the well-being and development of the local community. Additionally, through programs like Planters, the foundation provides further support to organizations in the Millville area, contributing to the overall growth and prosperity of the region.
This information is meant to be a general summary of Millville Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $43,383
- Gross Receipts: $201,010
Assets and Liabilities:
- Total Assets: $951,958
- Total Liabilities: $0
- Net Assets: $951,958
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Organization Details
Founding Year
2012
Phone
(570) 204-1005Principal Officer
Martin Bowman
Main Address
27 W 5TH ST, BLOOMSBURG, PA, 17815
NTEE Category
Code: T31 - Philanthropy
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