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
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
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
What is the revenue of Cincinnati Usa Regional Chamber Foundation?
Cincinnati Usa Regional Chamber Foundation's revenue in 2023 was $6,837,028.
Official website here: www.cincinnatichamber.com
Who are the executives of Cincinnati Usa Regional Chamber Foundation and what are their salaries?
There 5 volunteers at Cincinnati Usa Regional Chamber Foundation.
Here are 14 key members and their salaries:
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- Related: $425,001
- Other: $14,326
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- Related: $457,328
- Other: $37,730
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- Related: $328,359
- Other: $24,231
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Official website here: www.cincinnatichamber.com
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 2023 and can be accessed here.
Official website here: www.cincinnatichamber.com
Learn more at the official website: www.cincinnatichamber.com
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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $73,470
- Program Service Revenue: $383,501
- Gross Receipts: $7,113,213
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.
MANAGEMENT FEE REVENUE
Revenue
$211,901
PROGRAM TUITION & REGI
Revenue
$171,600
Organization Details
Founding Year
1970
Principal Officer
Brendon Cull
Website
www.cincinnatichamber.comNTEE Category
Code: S41Z - Community improvement
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