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Mature Resources Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 251702057 ✦ Curwensville, PA ✦ Designated as a 501(c)(3)

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Overview

What is Mature Resources Foundation?

The Mature Resources Foundation is a nonprofit organization, specifically supporting the Clearfield County Area Agency on Aging, Inc. Its primary mission is to contribute to the Medical Clinic Services of this agency, aiming to enhance the overall well-being of the community in the Clearfield County area. Although the information provided is limited, it suggests that the foundation's efforts are geared towards improving healthcare services and resources for senior citizens in the region.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Star rating)

Mature Resources Foundation has received an 82% score, which translates to a Three-Star rating. This rating reflects a strong focus on accountability and finance, showcasing the organization's commitment to maintaining transparent financial practices. The score is derived entirely from the Accountability & Finance metrics, indicating the charity's effective governance and financial health.

The foundation demonstrates commendable performance with a fully independent board, scoring 100% on the majority of independent board members, and exhibiting a robust board size. Additionally, the organization has received perfect scores in key areas, such as financial statements and program expense ratio, further underscoring its dedication to responsible management and program funding.

However, while the financial metrics are robust, the overall score being solely derived from Accountability & Finance suggests that there may be limited visibility into other aspects of the organization's performance. This could mean that potential donors should seek additional information about program effectiveness and impact before making decisions.


This AI summary has been generated from information found on Charity Navigator.

Is Mature Resources Foundation legitimate?

Mature Resources Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mature Resources 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

What is the mission statement of Mature Resources Foundation?

The Mature Resources Foundation's mission is centered around supporting the Clearfield County Area Agency on Aging, Inc. More specifically, it focuses on aiding the organization's Medical Clinic Services. The foundation's role is to contribute to the well-being of this sector, without providing further details about the nature or objectives of the services provided by the Medical Clinic.

Who is the CEO of Mature Resources Foundation?

Kathleen Gillespie is the President of Mature Resources Foundation. The CEO's salary of Mature Resources Foundation is $0 and their total compensation is $0.

What is the revenue of Mature Resources Foundation?

Mature Resources Foundation's revenue in 2022 was $878,879.

Who are the executives of Mature Resources Foundation and what are their salaries?

There are 4 employees at Mature Resources Foundation.


Here are 6 key members and their salaries (Mature Resources Foundation's CEO's salary is $0 and their total compensation is $0):


Lisa Kovalick (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilson Fisher (Vice- President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Matten (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia Belin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Gillespie (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Grady (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mature Resources Foundation?

Mature Resources Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mature Resources Foundation

Mature Resources Foundation is an organization that is dedicated to supporting the Clearfield County Area Agency on Aging, Inc. Specifically, the foundation focuses on enhancing the Medical Clinic Services of this agency. The mission of Mature Resources Foundation is to contribute positively to the operations and success of the Clearfield County Area Agency on Aging, Inc.'s Medical Clinic Services. The foundation's role is not explicitly detailed, but it is implied that it provides some form of support to improve the medical services offered by the agency.

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Impact




October, 2024

Mature Resources Foundation has a significant impact on the healthcare services available to older adults in the Clearfield County area. By supporting the Clearfield County Area Agency on Aging, Inc., their efforts enhance access to essential medical clinic services for the senior population. This support is crucial in ensuring that elderly residents receive the medical attention they need, ultimately contributing to improved health outcomes and quality of life. Their commitment to philanthropy in the community helps address the specific healthcare challenges faced by older individuals in the region, fostering a healthier and more supported aging population.




This information is meant to be a general summary of Mature Resources 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.

Revenue
$878,879 (2022)
Expenses
$479,007 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $53,545
  • Gross Receipts: $949,768

Assets and Liabilities:

  • Total Assets: $3,302,993
  • Total Liabilities: $227,235
  • Net Assets: $3,075,758

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Organization Details

Founding Year

1992

Principal Officer

Kathleen Gillespie

Main Address

600 Cooper Road, Curwensville, PA, 16833

NTEE Category

Code: T300 - Philanthropy

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