Overview
What is Community Foundation For The Twin Tiers?
The Community Foundation for the Twin Tiers is a nonprofit, philanthropic organization established with a mission to serve as a perpetual source of charitable funding. Based in Sayre, Pennsylvania, this community-centric charity aims to benefit the people residing in Bradford, Potter, Sullivan, and Tioga counties in Pennsylvania, as well as Tioga County in New York. The foundation's primary objective is to provide long-term financial support to enhance the lives of the local community members. With a small team of four employees, the Community Foundation for the Twin Tiers plays a significant role in fostering philanthropy and promoting charitable initiatives within its service area.
Official website here: www.twintierscf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
The Community Foundation For The Twin Tiers has achieved a perfect score of 100%, reflecting its strong performance in accountability and finance. This high rating indicates that the organization maintains a solid financial structure, with a significant portion of its expenses directed towards programs, achieving a program expense ratio of 85.04%.
Strengths noted in the evaluation include a fully independent board of directors, with all 13 members free from conflicts of interest, which fosters transparency and accountability. The organization has also established comprehensive policies for financial oversight, including a whistleblower policy and conflict of interest guidelines, all of which contribute to its strong governance framework.
No significant limitations were reported in the assessment, as the organization demonstrated effective management of its assets with a low liabilities to assets ratio of 22.90%. Overall, the Community Foundation For The Twin Tiers exhibits a robust operational framework that supports its mission and ensures donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation For The Twin Tiers legitimate?
Community Foundation For The Twin Tiers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation For The Twin Tiers 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
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Other Salaries and Wages: $150,259
For more financial information, click here
Official website here: www.twintierscf.org
What is the mission statement of Community Foundation For The Twin Tiers?
The Community Foundation For The Twin Tiers is a nonprofit, philanthropic organization established with a mission to provide a sustainable source of charitable funding. This mission aims to benefit the people residing in Bradford, Potter, Sullivan, and Tioga counties in Pennsylvania, as well as Tioga County in New York. By serving as a lasting source of charitable funds, this organization aims to contribute positively to the community and support various initiatives for the betterment of its inhabitants.
Official website here: www.twintierscf.org
Who is the CEO of Community Foundation For The Twin Tiers?
Tom Shoemaker is the Director of Community Foundation For The Twin Tiers.
Official website here: www.twintierscf.org
What is the revenue of Community Foundation For The Twin Tiers?
Community Foundation For The Twin Tiers's revenue in 2022 was $884,895.
Official website here: www.twintierscf.org
Who are the executives of Community Foundation For The Twin Tiers and what are their salaries?
The average compensation at Community Foundation For The Twin Tiers during 2022 was $37,565. There are 4 employees and 155 volunteers at Community Foundation For The Twin Tiers.
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Official website here: www.twintierscf.org
Where can I find the form 990 for Community Foundation For The Twin Tiers?
Community Foundation For The Twin Tiers's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.twintierscf.org
Learn more at the official website: www.twintierscf.org
Mission Statement of Community Foundation For The Twin Tiers
The Community Foundation for the Twin Tiers is a nonprofit, philanthropic organization established with the mission to serve as a reliable source of charitable funding. This mission is aimed at benefiting the people residing in Bradford, Potter, Sullivan, Tioga counties in Pennsylvania, and Tioga County in New York. This community-based charity organization strives to create a lasting impact by providing financial support to various initiatives that contribute to the betterment of these communities. By doing so, the Community Foundation for the Twin Tiers aims to enhance the quality of life for its residents, fostering a sense of unity and prosperity.
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Impact
October, 2024
The Community Foundation for the Twin Tiers plays a crucial role in enhancing the quality of life for residents in Bradford, Potter, Sullivan, Tioga counties in Pennsylvania, and Tioga County in New York. By establishing a sustainable source of charitable funding, it empowers individuals and organizations to address local needs effectively and create positive change.
Through grants and community initiatives, the foundation supports various programs that span education, health, arts, and community development, ensuring that essential services are available to those who need them most. Its impact resonates through enhanced educational opportunities for youth, support for local nonprofits, and initiatives that promote economic sustainability.
Furthermore, it fosters a spirit of collaboration among local stakeholders, encouraging community engagement and philanthropy. This network not only addresses immediate needs but also lays the groundwork for long-term growth and resilience in the Twin Tiers region, ultimately enriching the lives of its residents.
This information is meant to be a general summary of Community Foundation For The Twin Tiers. 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: $486,805
- Gross Receipts: $4,041,692
Assets and Liabilities:
- Total Assets: $10,822,644
- Total Liabilities: $76,075
- Net Assets: $10,746,569
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Organization Details
Founding Year
2002
Phone
(570) 888-4759Principal Officer
Tom Shoemaker
Main Address
104 W LOCKHART ST UNIT 2, SAYRE, PA, 18840
Website
www.twintierscf.orgNTEE Category
Code: T31 - Philanthropy
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