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Greater Sarasota Chamber Of Commerce Foundation Inc

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

EIN: 261563145 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

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Overview

What is Greater Sarasota Chamber Of Commerce Foundation Inc?

Greater Sarasota Chamber Of Commerce Foundation Inc, situated in Sarasota, Florida, is a nonprofit organization with a primary focus on leadership development. Their mission involves conducting educational, training, workforce, and leadership development programs within Sarasota County. Through their Leadership Sarasota initiative, they foster the growth of both adults and youth by providing them with essential training opportunities. This nonprofit organization plays an integral role in the community by empowering individuals and fostering their leadership skills.


Official website here: www.sarasotachamber.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star rating.

The Greater Sarasota Chamber of Commerce Foundation Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The overall score is derived completely from a single beacon score, which indicates that the organization has maintained a high level of fiscal responsibility, with a program expense ratio of 99.69%, demonstrating effective use of funds towards its mission.

Strengths of the organization include full independence of board members, with a perfect score in this category, and no material diversion of assets. The foundation has implemented essential policies such as conflict of interest and maintains proper documentation with meeting minutes available. However, there are noted gaps in their governance policies, specifically the absence of a whistleblower policy and a document retention policy, which could be seen as potential areas for improvement.

Overall, while the foundation demonstrates strong financial health and governance, the missing policies indicate a need for enhancing transparency and accountability standards further. Continuous improvement in these areas could help bolster stakeholder confidence and support for the organization.


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

Is Greater Sarasota Chamber Of Commerce Foundation Inc legitimate?

Greater Sarasota Chamber Of Commerce Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Sarasota Chamber Of Commerce Foundation Inc 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.sarasotachamber.com

What is the mission statement of Greater Sarasota Chamber Of Commerce Foundation Inc?

The Greater Sarasota Chamber of Commerce Foundation Inc's mission is centered around conducting educational, training, workforce, and leadership development programs. Their primary objective is to foster growth and development in these areas, benefiting individuals within Sarasota County. This is achieved through programs like Leadership Sarasota, which offers training and development opportunities for both adults and youth. The foundation's goal is to equip individuals with the necessary skills and knowledge to lead effectively.


Official website here: www.sarasotachamber.com

Who is the CEO of Greater Sarasota Chamber Of Commerce Foundation Inc?

Heather Kasten is the Chairperson of Greater Sarasota Chamber Of Commerce Foundation Inc.


Official website here: www.sarasotachamber.com

What is the revenue of Greater Sarasota Chamber Of Commerce Foundation Inc?

Greater Sarasota Chamber Of Commerce Foundation Inc's revenue in 2022 was $947,385.


Official website here: www.sarasotachamber.com

Who are the executives of Greater Sarasota Chamber Of Commerce Foundation Inc and what are their salaries?

There 7 volunteers at Greater Sarasota Chamber Of Commerce Foundation Inc.


Here are 7 key members and their salaries:


Pam Truitt (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Messick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Lane (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cranor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Carol Probtsfeld (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Kasten (President)
  • Compensation: $0
  • Related: $199,983
  • Other: $13,814
Dan Sidler (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sarasotachamber.com

Where can I find the form 990 for Greater Sarasota Chamber Of Commerce Foundation Inc?

Greater Sarasota Chamber Of Commerce Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sarasotachamber.com

Learn more at the official website: www.sarasotachamber.com

Mission Statement of Greater Sarasota Chamber Of Commerce Foundation Inc

The Greater Sarasota Chamber Of Commerce Foundation Inc is committed to conducting educational, training, workforce, and leadership development programs within Sarasota County. Through their initiatives, they aim to foster the growth and development of both adults and youth in the region, emphasizing leadership training as a key focus area. This is achieved through programs like Leadership Sarasota, which provides training and development opportunities for individuals seeking to enhance their leadership skills. The Foundation's mission is to contribute to the local community by equipping its members with the necessary tools and knowledge to drive positive change and development.

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Impact




October, 2024

The Greater Sarasota Chamber Of Commerce Foundation Inc significantly enhances the local community by conducting essential educational and training programs focused on workforce and leadership development in Sarasota County. Through initiatives such as Leadership Sarasota, the organization invests in both adults and youth, equipping them with the skills and knowledge necessary for effective leadership. This focus on training not only nurtures future community leaders but also fosters personal and professional growth, contributing to a stronger, more engaged society. By prioritizing community improvement and empowerment, the foundation plays a pivotal role in shaping a prosperous future for Sarasota County.




This information is meant to be a general summary of Greater Sarasota Chamber Of Commerce Foundation Inc. 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
$947,385 (2022)
Expenses
$947,426 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $434
  • Gross Receipts: $947,385

Assets and Liabilities:

  • Total Assets: $1,374,527
  • Total Liabilities: $27,844
  • Net Assets: $1,346,683

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Organization Details

Founding Year

2007

Principal Officer

Heather Kasten

Main Address

1945 FRUITVILLE ROAD, SARASOTA, FL, 34236

NTEE Category

Code: S30 - Community improvement

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