Overview
What is Panorama Benevolent Fund?
The Panorama Benevolent Fund is a charitable organization, identified by its 501(C)(3) status with the I.D. 94-3048988, situated in Lacey, Washington. Its primary purpose is to offer financial and social aid to residents of Panorama, a retirement community. The fund accomplishes this by reimbursing Panorama for the salaries and benefits of three social workers, who provide essential services to the community's residents. Furthermore, the Benevolent Fund contributes financially to Panorama by covering the expenses for building improvements, which are utilized for the fund's charitable activities.
Official website here: www.panoramabenevolentfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
The Panorama Benevolent Fund has achieved an impressive 96% score, indicating a strong commitment to accountability and finance. This rating, which is entirely based on its Accountability & Finance performance, emphasizes the charity's transparency and effective financial management practices.
The organization boasts a fully independent board with 14 members, reflecting a robust governance structure. Notably, all financial statements are audited, and the charity has no material diversion of assets, further highlighting its integrity. Additionally, the presence of comprehensive policies regarding conflicts of interest and whistleblower protection enhances its operational credibility.
One aspect worth mentioning is the program expense ratio, which stands at a commendable 74.64%. This suggests that a significant portion of the funds raised is directed towards its programs rather than administrative costs. Overall, the Panorama Benevolent Fund demonstrates a strong capacity for responsible financial stewardship, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Panorama Benevolent Fund?
94% of the seven reviewers on Facebook recommend Panorama Benevolent Fund. Here's a summary of their thoughts:
Many patrons appreciate the year-round sales held at the organization's locations, highlighting the well-organized events that provide access to unique items. The clear instructions on how to find the sale locations add to the positive experience. Reviewers also indicate excitement for the annual sale day, which seems to foster a sense of community involvement.
Overall, supporters express satisfaction with the variety of items available and the fun atmosphere during the events. The nonprofit appears to effectively engage its audience and deliver enjoyable experiences consistently.
This AI summary has been generated from reviews found on Facebook.
Is Panorama Benevolent Fund legitimate?
Panorama Benevolent Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Panorama Benevolent Fund 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.
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Official website here: www.panoramabenevolentfund.org
What is the mission statement of Panorama Benevolent Fund?
The Panorama Benevolent Fund is committed to providing both financial and social assistance to its community members. Specifically, this fund reimburses a 501(C)(3) organization for the salaries and benefits of three social workers who offer services to all residents. Additionally, the fund contributes financially to the community by funding building improvements for facilities used for its fundraising events. In essence, the Panorama Benevolent Fund aims to support and enhance the quality of life for its community members through financial assistance and social services.
Official website here: www.panoramabenevolentfund.org
Who is the CEO of Panorama Benevolent Fund?
Jerry Gjovaag is the President of Panorama Benevolent Fund.
Official website here: www.panoramabenevolentfund.org
What is the revenue of Panorama Benevolent Fund?
Panorama Benevolent Fund's revenue in 2022 was $971,700.
Official website here: www.panoramabenevolentfund.org
Who are the executives of Panorama Benevolent Fund and what are their salaries?
There 120 volunteers at Panorama Benevolent Fund.
Here are 16 key members and their salaries:
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Official website here: www.panoramabenevolentfund.org
Where can I find the form 990 for Panorama Benevolent Fund?
Panorama Benevolent Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.panoramabenevolentfund.org
Learn more at the official website: www.panoramabenevolentfund.org
Mission Statement of Panorama Benevolent Fund
The Panorama Benevolent Fund is committed to providing both financial and social assistance to the residents of Panorama, a retirement community. This mission is carried out by reimbursing Panorama, a 501(c)(3) organization, for the salaries and benefits of three social workers. These professionals offer services to all residents of Panorama, ensuring that they have access to the support they need. In addition to this, the fund has contributed financially to Panorama by paying for building improvements to a facility used for the Fund's fundraising activities. This financial assistance and provision of social workers help enrich the lives of the residents in Panorama, making their retirement experience more comfortable and supportive.
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Impact
October, 2024
The Panorama Benevolent Fund has a significant impact on the residents of Panorama, a retirement community in Lacey, WA. By providing financial and social assistance, it ensures that residents have access to vital support services. This includes the reimbursement for the salaries and benefits of three dedicated social workers who deliver essential services to all residents, enhancing their quality of life.
Moreover, the Fund has made substantial contributions toward building improvements within the community, specifically funding the renovation of facilities used for fundraising activities. With an investment of $260,935, these enhancements not only create a more inviting environment but also bolster the capacity to generate additional support for residents in need.
Overall, the Panorama Benevolent Fund plays a critical role in fostering a supportive and nurturing environment for its residents, emphasizing philanthropy and community well-being.
This information is meant to be a general summary of Panorama Benevolent Fund. 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: $448,540
- Gross Receipts: $2,536,072
Assets and Liabilities:
- Total Assets: $10,546,781
- Total Liabilities: $1,873
- Net Assets: $10,544,908
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Organization Details
Founding Year
1972
Phone
(360) 438-7556Principal Officer
Jerry Gjovaag
Main Address
1751 CIRCLE LANE SE, LACEY, WA, 98503
NTEE Category
Code: T22Z - Philanthropy
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