Overview
What is Flint And Genesee Chamber Foundation?
The Flint and Genesee Chamber Foundation, based in Flint, Michigan, is a nonprofit organization that primarily serves Genesee County. Their primary mission involves managing funds for educational, scientific, and charitable purposes, as well as contributing to the public welfare of the region. The foundation is committed to investing in the future of the city's youth through FLINT PROMISE, a promise to support and empower local youth. Their work encompasses various aspects, including administering funds for charitable purposes and promoting the well-being of the community.
Official website here: www.flintandgenesee.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Flint And Genesee Chamber Foundation has received a Three-Star rating from Charity Navigator, reflecting an overall score of 82%. This score indicates a solid performance in accountability and financial management, particularly highlighting strengths such as an independent board with a full complement of members and effective financial oversight mechanisms. The organization also demonstrates a high program expense ratio, directing nearly all of its resources toward its programs.
However, the Foundation faces some notable weaknesses, particularly concerning its governance policies. The absence of a conflict of interest policy, a whistleblower policy, and a document retention policy resulted in low scores in these areas. Additionally, while the organization shows a strong commitment to ensuring minimal diversion of assets, its fundraising efficiency has significant room for improvement, indicating challenges in generating funds relative to expenses.
Overall, while the Flint And Genesee Chamber Foundation demonstrates robust financial health and programmatic focus, addressing governance deficiencies and enhancing fundraising efficiency would further strengthen its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Flint And Genesee Chamber Foundation legitimate?
Flint And Genesee Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flint And Genesee 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.flintandgenesee.org
What is the mission statement of Flint And Genesee Chamber Foundation?
The Flint and Genesee Chamber Foundation's primary purpose is to collect and manage funds for educational, scientific, and charitable causes, as well as for the public welfare. This mission is aimed at benefiting the residents of Genesee County, Michigan. The foundation operates with the goal of supporting various educational, scientific, and charitable initiatives, thereby contributing positively to the community. In addition, the Flint Promise is an initiative undertaken by the foundation, which is a commitment to the city's youth and an investment in their future.
Official website here: www.flintandgenesee.org
Who is the CEO of Flint And Genesee Chamber Foundation?
Timothy Herman is the Past Chair of Flint And Genesee Chamber Foundation. The CEO's salary of Flint And Genesee Chamber Foundation is $0 and their total compensation is $344,631.
Official website here: www.flintandgenesee.org
What is the revenue of Flint And Genesee Chamber Foundation?
Flint And Genesee Chamber Foundation's revenue in 2022 was $2,108,329.
Official website here: www.flintandgenesee.org
Who are the executives of Flint And Genesee Chamber Foundation and what are their salaries?
There 41 volunteers at Flint And Genesee Chamber Foundation.
Here are 21 key members and their salaries (Flint And Genesee Chamber Foundation's CEO's salary is $0 and their total compensation is $344,631):
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- Related: $301,378
- Other: $43,253
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- Related: $122,582
- Other: $6,482
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- Related: $160,210
- Other: $42,172
- Compensation: $0
- Related: $217,891
- Other: $20,002
Official website here: www.flintandgenesee.org
Where can I find the form 990 for Flint And Genesee Chamber Foundation?
Flint And Genesee Chamber Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.flintandgenesee.org
Learn more at the official website: www.flintandgenesee.org
Mission Statement of Flint And Genesee Chamber Foundation
The Flint and Genesee Chamber Foundation is a nonprofit organization with a mission to collect and manage funds for educational, scientific, charitable purposes, and public welfare within Genesee County, Michigan. Its primary objective is to contribute to the well-being of the community by administering these funds effectively. The foundation is a commitment to investing in the future of the city's youth through Flint Promise, a pledge to support and empower the young generation in Genesee County.
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Impact
October, 2024
Flint and Genesee Chamber Foundation significantly impacts the community by administering funds aimed at advancing educational, scientific, and charitable initiatives in Genesee County, Michigan. One of its landmark programs, Flint Promise, demonstrates a strong commitment to the city’s youth, creating pathways to higher education and fostering a robust investment in their futures. Through various initiatives, the foundation enhances public welfare and drives community improvement, striving to elevate the overall quality of life in Flint and its surrounding areas.
This information is meant to be a general summary of Flint And Genesee 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 2022.
- Investment Income: $206
- Gross Receipts: $2,108,329
Assets and Liabilities:
- Total Assets: $1,803,750
- Total Liabilities: $342,278
- Net Assets: $1,461,472
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Organization Details
Founding Year
1974
Phone
(810) 600-1404Principal Officer
Timothy Herman
Main Address
519 S SAGINAW ST SUITE 200, FLINT, MI, 48502
Website
www.flintandgenesee.orgNTEE Category
Code: S31 - Community improvement
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