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Cincinnati Usa Regional Chamber Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237089617 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is Cincinnati Usa Regional Chamber Foundation?

The Cincinnati U.S.A. Regional Chamber Foundation is a charitable organization, situated in the heart of Cincinnati, Ohio at 3 E 4th Street. Its primary objectives are to alleviate the burden on local governments and stimulate job creation. To achieve these goals, the foundation focuses on fostering economic development and promoting talent initiatives within the greater Cincinnati region. By highlighting the unique offerings and attractions of the area, the foundation aims to enhance its overall economic growth and prosperity.


Official website here: www.cincinnatichamber.com/foundation

What are the reviews and ratings of this charity?

Cincinnati USA Regional Chamber Foundation has received a strong rating of 92% from Charity Navigator, earning a Four-Star out of Four Stars designation. This rating reflects a particular emphasis on Accountability & Finance, highlighting the organization's good governance practices. The foundation is led by a majority independent board, indicating a commitment to effective oversight.

Strengths noted in the rating include exceptional financial management, with a high program expense ratio of 99.91%, demonstrating that the vast majority of funds are directed toward mission-related activities. The organization has several policies in place such as conflict of interest and whistleblower policies, which contribute to its accountability. However, the foundation did score poorly in fundraising efficiency, suggesting that while it operates efficiently, it may have room for improvement in its fundraising strategies.

User reviews from GreatNonprofits could not be retrieved, limiting insights into community perspectives or personal experiences. Overall, the strong rating from Charity Navigator highlights the foundation's financial stability and operational transparency despite the challenges noted in its fundraising efforts.


This AI summary has been generated from information found on Charity Navigator.

Is Cincinnati Usa Regional Chamber Foundation legitimate?

Cincinnati Usa Regional Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cincinnati Usa Regional 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.cincinnatichamber.com/foundation

What is the mission statement of Cincinnati Usa Regional Chamber Foundation?

The Cincinnati Usa Regional Chamber Foundation's mission is centered around fostering economic development and promoting talent initiatives within its region. The organization aims to showcase the unique offerings and potential of the greater Cincinnati area. Operating for public, charitable, and educational purposes, its goal is to alleviate the burden on local governments and create job opportunities. The foundation is committed to its mission, striving to contribute positively to the economic growth and development of the region.


Official website here: www.cincinnatichamber.com/foundation

Who is the CEO of Cincinnati Usa Regional Chamber Foundation?

Brendon Cull is the Chair of Cincinnati Usa Regional Chamber Foundation.


Official website here: www.cincinnatichamber.com/foundation

What is the revenue of Cincinnati Usa Regional Chamber Foundation?

Cincinnati Usa Regional Chamber Foundation's revenue in 2022 was $9,148,460.


Official website here: www.cincinnatichamber.com/foundation

Who are the executives of Cincinnati Usa Regional Chamber Foundation and what are their salaries?

There 7 volunteers at Cincinnati Usa Regional Chamber Foundation.


Here are 7 key members and their salaries:


James Zimmerman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Doll-Speiser (Assistant Treasurer)
  • Compensation: $0
  • Related: $315,666
  • Other: $15,801
Christopher Che (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brendon Cull (Assistant Secretary)
  • Compensation: $0
  • Related: $394,123
  • Other: $24,427
Jill Meyer (President)
  • Compensation: $0
  • Related: $598,257
  • Other: $20,461
Whitney Eckert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Weber (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cincinnatichamber.com/foundation

Where can I find the form 990 for Cincinnati Usa Regional Chamber Foundation?

Cincinnati Usa Regional Chamber Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cincinnatichamber.com/foundation

Learn more at the official website: www.cincinnatichamber.com/foundation

Mission Statement of Cincinnati Usa Regional Chamber Foundation

The Cincinnati USA Regional Chamber Foundation is committed to a mission that encompasses three key areas. This mission is centered around fostering economic development, championing talent initiatives, and showcasing the distinct advantages of the Greater Cincinnati region. Through its activities, the foundation aims to reduce the burden on local governments and contribute to the creation of job opportunities. The organization operates with a public, charitable, and educational purpose, working tirelessly to promote the unique offerings and potential of its region.

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Impact




October, 2024

Cincinnati USA Regional Chamber Foundation significantly contributes to economic growth and community development in the Greater Cincinnati region. By focusing on economic development and talent initiatives, the foundation helps to create jobs and invigorate local economies. It highlights and promotes the unique offerings of the region, attracting both businesses and individuals to invest and engage with the community.

Through its efforts, the foundation plays a crucial role in lessening the burden on local governments by generating economic opportunities and fostering an environment conducive to growth. By supporting initiatives that enhance talent development, the foundation not only prepares the local workforce for current job demands but also ensures long-term sustainability and competitiveness in the job market. Overall, its impact is felt across various sectors, driving positive change and enriching the Greater Cincinnati community.




This information is meant to be a general summary of Cincinnati Usa Regional 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.

Revenue
$9,148,460 (2022)
Expenses
$10,104,104 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$6,408
  • Program Service Revenue: $322,476
  • Gross Receipts: $9,221,618

Assets and Liabilities:

  • Total Assets: $5,121,644
  • Total Liabilities: $1,196,065
  • Net Assets: $3,925,579

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM TUITION & REGI

Revenue

$220,353

ADMINISTRATIVE FEE REV

Revenue

$102,123

Organization Details

Founding Year

1970

Principal Officer

Brendon Cull

Main Address

3 E 4TH STREET, CINCINNATI, OH, 45202

NTEE Category

Code: S41Z - Community improvement

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