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Ironwood Community Foundation

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

EIN: 251869268 ✦ Lebanon, PA ✦ Designated as a 501(c)(3)

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Overview

What is Ironwood Community Foundation?

The Ironwood Community Foundation is a nonprofit organization that plays a significant role in enhancing community life. Their primary mission involves establishing a playground and recreational services area, designed to cater to residents of all ages. This facility encourages physical activities, such as walking and playing sports, as well as leisurely pursuits like picnicking. The goal is to foster a sense of enjoyment and togetherness within the local community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 62% (Two-Star out of Four Star Rating)

The Ironwood Community Foundation has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and finance practices. The overall score is derived solely from its Accountability & Finance score of 62%. While the foundation has demonstrated strong governance practices with an independent board and proper documentation of board meeting minutes, other financial metrics raised some flags.

The foundation boasts a majority independent board, with 100% of its members being independent, which is a positive aspect. Additionally, it shows a high program expense ratio of nearly 100%, suggesting that the majority of its funds are directed towards its programs. However, the liabilities to assets ratio of 64.75% significantly impacted its overall score, as it indicates a considerable amount of liabilities in relation to assets.

Overall, while the Ironwood Community Foundation has strengths in governance and program spending, potential donors should be cautious due to the financial liabilities highlighted in the rating. Addressing these financial concerns could lead to improved ratings and increased trust from the community.


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

Is Ironwood Community Foundation legitimate?

Ironwood Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ironwood 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Ironwood Community Foundation?

The Ironwood Community Foundation works towards establishing a playground and recreational services area that encourages local residents of all ages to engage in physical activities such as walking, playing sports, and picnicking, thereby promoting community bonding and enjoyment.

The foundation's mission is to create an environment where people can unwind, socialize, and partake in recreational activities, fostering a sense of community and well-being. This initiative provides an inclusive space for community members to enjoy their leisure time, promoting an active lifestyle and overall happiness.

By constructing a playground and offering recreational services, the Ironwood Community Foundation aims to contribute to the well-being and social interaction of its community, providing a platform for individuals of all ages to come together and enjoy shared experiences.

Who is the CEO of Ironwood Community Foundation?

Ginger Beamesderfer is the Secretary of Ironwood Community Foundation.

What is the revenue of Ironwood Community Foundation?

Ironwood Community Foundation's revenue in 2022 was $108,528.

Who are the executives of Ironwood Community Foundation and what are their salaries?


Here are 3 key members and their salaries:


Thomas Schomp (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wolff (Treasuer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginger Beamesderfer (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ironwood Community Foundation?

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

Mission Statement of Ironwood Community Foundation

The Ironwood Community Foundation, as an organization, is committed to establishing a playground and recreational services area that caters to the local community, irrespective of age. This initiative aims to provide a space where residents can engage in activities such as walking, playing sports, picnicking, and simply enjoying their leisure time. By creating this facility, the foundation seeks to contribute to the overall well-being and happiness of the community, fostering a sense of unity and shared enjoyment. The foundation's mission is to transform this space into a hub of activity and relaxation, allowing individuals to unwind and connect with one another in a peaceful environment.

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Impact




October, 2024

Ironwood Community Foundation has significantly enhanced the quality of life in Lebanon, PA, by creating a vibrant playground and recreational services area. This facility offers local residents of all ages the opportunity to engage in various activities such as walking, playing sports, picnicking, and simply enjoying their leisure time. By fostering a sense of community and promoting physical well-being, Ironwood Community Foundation plays a crucial role in encouraging active lifestyles and social interactions among residents. Its mission directly contributes to building a healthier, more connected community, where individuals can come together for recreation and enjoyment.




This information is meant to be a general summary of Ironwood 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.

Revenue
$108,528 (2022)
Expenses
$130,017 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $108,528

Assets and Liabilities:

  • Total Assets: $582,444
  • Total Liabilities: $377,137
  • Net Assets: $205,307

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Organization Details

Founding Year

2009

Principal Officer

Ginger Beamesderfer

Main Address

305 Prescott Road, Lebanon, PA, 17042

NTEE Category

Code: T90 - Philanthropy

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