Overview
What is Dixon Community Trust?
The Dixon Community Trust is a charitable organization situated in Dixon, Illinois, specifically at 101 West 1st Street, with a primary focus on providing financial support to various charitable, civic, and educational initiatives primarily within the Dixon and Lee County areas. Their mission is to aid and assist local organizations in need, contributing to the betterment of their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating, 73%
Dixon Community Trust has received a two-star rating, indicating that the organization is in need of improvement. With an overall score of 73%, it demonstrates strengths in areas such as board independence and financial accountability, achieving full points for its independent board members and the absence of material diversion of assets. The program expense ratio is also commendable, with nearly 70% of its expenses directed towards its programs.
However, the organization faces significant challenges, particularly in transparency and governance practices. It has received no points for several critical policies, including a conflict of interest policy, whistleblower policy, and document retention policy, all of which are essential for ensuring ethical operations. Furthermore, the lack of a website listing on the tax form and failure to post the tax form on its website highlight areas where the organization could enhance its public accountability.
Overall, while Dixon Community Trust exhibits strong financial management and program focus, the absence of crucial governance documents and transparency measures raises concerns about its overall effectiveness and accountability to the public. Addressing these gaps will be essential for improving its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Dixon Community Trust legitimate?
Dixon Community Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dixon Community Trust 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
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What is the mission statement of Dixon Community Trust?
The Dixon Community Trust is dedicated to supporting charitable and civic organizations in their mission. Specifically, it aims to assist such organizations within the Dixon, Illinois, and Lee County, Illinois, area. The trust provides financial aid for various charitable, civic, and educational services, primarily focusing on the aforementioned locations. The primary goal of the Dixon Community Trust is to contribute to the betterment of these communities by offering financial assistance to eligible organizations.
Who is the CEO of Dixon Community Trust?
Gary Presley is the President of Dixon Community Trust.
What is the revenue of Dixon Community Trust?
Dixon Community Trust's revenue in 2022 was $57,593.
Who are the executives of Dixon Community Trust and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Dixon Community Trust?
Dixon Community Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dixon Community Trust
The Dixon Community Trust, as a nonprofit organization, is committed to assisting charitable and civic organizations in their endeavors. Its mission is to extend financial support to initiatives that aim to enhance the well-being of communities within the Dixon, Illinois, and Lee County, Illinois, area. The trust primarily focuses on providing funds for charitable, civic, and educational services, aiming to contribute positively to the local community.
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Impact
August, 2024
Dixon Community Trust plays a vital role in supporting charitable, civic, and educational initiatives in Dixon, Illinois, and Lee County. By providing funds and resources to organizations in this area, the trust contributes significantly to the betterment of the local community. Its impact can be seen in the various programs and services that benefit individuals and groups in need, ultimately fostering a stronger, more vibrant community in Dixon and the surrounding areas.
This information is meant to be a general summary of Dixon Community Trust. 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: $52,593
- Gross Receipts: $470,483
Assets and Liabilities:
- Total Assets: $867,397
- Total Liabilities: $0
- Net Assets: $867,397
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Organization Details
Founding Year
1973
Phone
(815) 288-2222Principal Officer
Gary Presley
Main Address
101 WEST 1ST STREET, DIXON, IL, 61021
NTEE Category
Code: T31 - Philanthropy
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