Overview
What is Community Foundation Of The Northern Alleghenies?
The Community Foundation of the Northern Alleghenies is a philanthropic organization comprising two affiliates: the Elk County Community Foundation, established in 2000, and the McKean County Community Foundation, established in 2017. With a total asset value of around $17.3 million, the foundation surpassed a significant milestone in 2022 by granting over a million dollars in a single year. In 2022 alone, they distributed $1.56 million in nonprofit grants and student scholarship awards. The foundation supports various community sectors in both Elk and McKean counties, including education, arts, health services, human services, civic services, and economic development, through donations from the general public. The Community Foundation of the Northern Alleghenies is committed to strengthening their region by focusing on development, stewardship, and grant-making, enabling donors to achieve their philanthropic objectives. In 2022, the Elk County Community Foundation created 12 new charitable funds, awarded 193 grants, and 155 scholarships totaling approximately $1.1 million. Meanwhile, the McKean County Community Foundation created 11 new charitable funds, awarded 67 grants, and 60 scholarships totaling over $429,000. Overall, the foundation actively engages in supporting the growth and well-being of the Northern Alleghenies community.
Official website here: www.northernalleghenies.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Community Foundation of the Northern Alleghenies has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The rating is derived entirely from its accountability measures, with a perfect score in areas such as independent board membership and the absence of material asset diversions, showcasing the organization's commitment to transparency and responsible governance.
This nonprofit excels in several key financial metrics, such as an 82.43% program expense ratio, indicating that the majority of its funds are directed towards its mission rather than administrative costs. Furthermore, its fundraising efficiency ratio of $0.002 highlights the organization's ability to raise funds effectively, ensuring that donations are put to good use. The organization also maintains a solid working capital ratio of 14.72 years, suggesting financial stability.
Overall, the Community Foundation of the Northern Alleghenies demonstrates strong governance and fiscal responsibility, making it a trustworthy option for potential donors. There are no significant limitations or concerns noted in the available data, reinforcing its reputation as a reliable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of The Northern Alleghenies legitimate?
Community Foundation Of The Northern Alleghenies is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of The Northern Alleghenies 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: $62,483
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,625
For more financial information, click here
Official website here: www.northernalleghenies.org
What is the mission statement of Community Foundation Of The Northern Alleghenies?
The Community Foundation of the Northern Alleghenies has a mission to enhance its region by promoting development, stewardship, and grant-making, enabling donors to accomplish their philanthropic objectives. This organization, comprising the Elk County Community Foundation, established in 2000, and the McKeean County Community Foundation, founded in 2017, boasts approximately $17.3 million in total assets. In 2022, they surpassed a significant milestone by granting over a million dollars in a single year, distributing $1.56 million in nonprofit grants and student scholarship awards. The Community Foundation of the Northern Alleghenies supports community organizations in various sectors, including education, arts, health services, human services, civic services, and economic development, through donations from the general public.
Official website here: www.northernalleghenies.org
Who is the CEO of Community Foundation Of The Northern Alleghenies?
Robert Esch is the Board Member of Community Foundation Of The Northern Alleghenies.
Official website here: www.northernalleghenies.org
What is the revenue of Community Foundation Of The Northern Alleghenies?
Community Foundation Of The Northern Alleghenies's revenue in 2022 was $3,222,890.
Official website here: www.northernalleghenies.org
Who are the executives of Community Foundation Of The Northern Alleghenies and what are their salaries?
The average compensation at Community Foundation Of The Northern Alleghenies during 2022 was $16,730. There are 7 employees and 70 volunteers at Community Foundation Of The Northern Alleghenies.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $62,483
- Related: $0
- Other: $12,341
- Compensation: $20,366
- Related: $0
- Other: $0
Official website here: www.northernalleghenies.org
Where can I find the form 990 for Community Foundation Of The Northern Alleghenies?
Community Foundation Of The Northern Alleghenies's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.northernalleghenies.org
Learn more at the official website: www.northernalleghenies.org
Mission Statement of Community Foundation Of The Northern Alleghenies
The Community Foundation of the Northern Alleghenies, an organization comprising two affiliates: the Elk County Community Foundation and the McKean County Community Foundation, is committed to strengthening its region. Its mission is achieved through development, stewardship, and grant making, enabling donors to accomplish their philanthropic goals. This nonprofit organization distributes funds to various community organizations in the regions of Elk and McKean Counties, supporting initiatives in education, arts, health services, human services, civic services, and economic development.
In 2022, the Community Foundation of the Northern Alleghenies surpassed a significant milestone by granting over a million dollars in a single year. The Elk County Community Foundation, one of its affiliates, saw notable growth, creating 12 new charitable funds, managing a total of 202 funds, and awarding 193 grants and 155 scholarships, totaling approximately $1.1 million. Meanwhile, the McKean County Community Foundation also experienced development, creating 11 new charitable funds, managing a total of 63 funds, and awarding 67 grants and 60 scholarships, amounting to over $429,000.
In summary, the Community Foundation of the Northern Alleghenies plays a pivotal role in the development and growth of its region. Through the combined efforts of its two affiliates, the organization supports various community organizations by distributing funds in various sectors, ultimately strengthening the region and helping donors achieve their philanthropic goals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Community Foundation of the Northern Alleghenies has made a significant impact on the region through its dedicated efforts in development, stewardship, and grant-making. In 2022 alone, it granted over $1.56 million, benefiting various community organizations across Elk and McKean counties. This funding supports essential areas such as education, arts, health services, human services, civic services, and economic development.
In Elk County, the foundation successfully created 12 new charitable funds, bringing the total to 202. It managed assets of approximately $14.7 million and awarded 193 grants and 155 scholarships, totaling around $1.1 million. This marked a historic milestone for the Elk County Community Foundation, surpassing the $1 million threshold for grants in a single year.
Similarly, the McKean County Community Foundation established 11 new charitable funds, which added to its existing 63 funds. It administered approximately $2.34 million in funds, awarding 67 grants and 60 scholarships that amounted to over $429,000.
Overall, the foundation not only fulfills philanthropic goals for donors but also fosters community growth and support in a variety of crucial sectors, reflecting its commitment to enhancing the quality of life in the Northern Alleghenies.
This information is meant to be a general summary of Community Foundation Of The Northern Alleghenies. 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: $334,093
- Gross Receipts: $3,222,890
Assets and Liabilities:
- Total Assets: $17,333,007
- Total Liabilities: $478,252
- Net Assets: $16,854,755
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2000
Phone
(814) 834-2125Principal Officer
Robert Esch
Main Address
PO BOX 934, ST MARYS, PA, 15857
Website
www.northernalleghenies.orgNTEE Category
Code: T31 - Philanthropy
If you are a representative of Community Foundation Of The Northern Alleghenies and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.