Overview
What is Cape Coral Community Foundation?
Cape Coral Community Foundation is a nonprofit organization situated in Cape Coral, Florida. With a team of six dedicated individuals, their primary mission is to serve as a philanthropic resource within the greater Cape Coral area. They manage charitable gifts and address community needs in various sectors such as education, health, religion, cultural affairs, and social welfare. By maintaining a pool of philanthropic funds, they aim to meet diverse charitable demands within their community and assist in making charitable contributions.
Official website here: www.capecoralcf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two Stars)
The Cape Coral Community Foundation has received a Two-Star out of Four Star rating from Charity Navigator, indicating that the organization shows room for improvement in its overall operations. With an overall score of 60%, it reflects a strong performance in governance and transparency, particularly with 100% independent board members and a robust audit and oversight committee. These aspects suggest a commitment to ethical management and accountability.
However, the foundation's financial health raises concerns, specifically highlighted by a liabilities to assets ratio of 1.14% and a program expense ratio of only 45.62%. These financial metrics imply that a significant portion of its resources may not be going directly towards its programs, which could impact its effectiveness in fulfilling its mission.
Overall, while the Cape Coral Community Foundation demonstrates strong governance practices, its financial management aspects need attention to ensure that it maximizes its impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Cape Coral Community Foundation legitimate?
Cape Coral Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cape Coral Community 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: $149,951
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.capecoralcf.org
What is the mission statement of Cape Coral Community Foundation?
The Cape Coral Community Foundation's mission is to establish a pool of philanthropic funds aimed at addressing charitable needs within its community. This organization serves as a facilitator, assisting individuals in making charitable contributions. By carrying out its exempt purpose, the foundation incurs expenses related to managing charitable gifts and addressing community needs in various sectors such as education, health, religion, cultural affairs, and social welfare.
Official website here: www.capecoralcf.org
Who is the CEO of Cape Coral Community Foundation?
Phil Deems Jr is the Chairman of Cape Coral Community Foundation.
Official website here: www.capecoralcf.org
What is the revenue of Cape Coral Community Foundation?
Cape Coral Community Foundation's revenue in 2022 was $1,263,471.
Official website here: www.capecoralcf.org
Who are the executives of Cape Coral Community Foundation and what are their salaries?
The average compensation at Cape Coral Community Foundation during 2022 was $24,992. There are 6 employees at Cape Coral Community Foundation.
Here are 10 key members and their salaries:
- Compensation: $149,370
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.capecoralcf.org
Where can I find the form 990 for Cape Coral Community Foundation?
Cape Coral Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.capecoralcf.org
Learn more at the official website: www.capecoralcf.org
Mission Statement of Cape Coral Community Foundation
Cape Coral Community Foundation is dedicated to maintaining a pool of philanthropic funds designed to address charitable needs within the greater Cape Coral area. Their mission is twofold: firstly, to facilitate charitable gifts, and secondly, to assist in the distribution of these funds to cater to various community needs. These needs span across sectors such as education, health, religion, cultural affairs, and social welfare. By managing charitable gifts and addressing these community needs, the foundation aims to contribute positively to the well-being of the community it serves.
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Impact
October, 2024
Cape Coral Community Foundation significantly impacts the greater Cape Coral area by creating a vital pool of philanthropic funds that addresses diverse charitable needs. Through effective management of charitable gifts, the foundation actively supports initiatives in education, health, religion, cultural affairs, and social welfare. By targeting these essential areas, the foundation enhances the overall quality of life for residents, fostering community sustainability and growth. Its commitment to philanthropy encourages local engagement and empowerment, allowing individuals and organizations to come together to meet pressing needs and uplift the community as a whole.
This information is meant to be a general summary of Cape Coral Community 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 2022.
- Investment Income: $507,742
- Gross Receipts: $4,231,182
Assets and Liabilities:
- Total Assets: $11,788,860
- Total Liabilities: $8,906
- Net Assets: $11,779,954
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Organization Details
Founding Year
1973
Phone
(239) 542-5594Principal Officer
Phil Deems Jr
Main Address
1405 SE 47TH STREET UNIT 2, CAPE CORAL, FL, 33904
Website
www.capecoralcf.orgNTEE Category
Code: T31 - Philanthropy
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