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Community Foundation Of Greater Huntsville

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

EIN: 263750673 ✦ Huntsville, AL ✦ Designated as a 501(c)(3)

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Overview

What is Community Foundation Of Greater Huntsville?

The Community Foundation of Greater Huntsville is a local nonprofit organization located at 303 Williams Ave SW, Huntsville, AL, 35801. The foundation plays a significant role in our community by managing various types of funds, including donor-advised, designated, field of interest, agency, and scholarship funds. Their mission is to mobilize generosity and make a difference by improving the quality of life in the community. With a team of 11 dedicated individuals, they have a strong commitment to making a positive impact.


Official website here: www.communityfoundationhsv.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Star rating)

The Community Foundation of Greater Huntsville has achieved a perfect score of 100%, reflecting exceptional accountability and financial health. This rating indicates that the organization is highly transparent and demonstrates effective governance, with an entirely independent board composed of 17 members. Additionally, all necessary policies and financial oversight mechanisms are in place, further solidifying trust in its operations.

Strengths highlighted in the data include a remarkable program expense ratio of 96.53%, which indicates that a significant percentage of funds are directed towards programs rather than administrative costs. Moreover, the foundation showcases a low liabilities-to-assets ratio of 13.37%, signifying financial stability and sound management of resources. These strengths suggest that the organization effectively utilizes its funds to benefit the community.

However, there is a noted area for improvement in fundraising efficiency, with a ratio of $0.012. While the foundation is financially healthy overall, enhancing its fundraising strategies could allow for greater resource mobilization to support its programs. Overall, the Community Foundation of Greater Huntsville stands out as a responsible and impactful organization in its financial practices.


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

What do the Facebook reviews say about Community Foundation Of Greater Huntsville?

98% of 26 reviewers on Facebook recommend this charity. Here is a summary of their reviews:

Many users express strong support for the Community Foundation of Greater Huntsville, appreciating their commitment to improving the local community through various philanthropic efforts. Reviewers highlight the dedication and passion of the people involved, noting that the organization genuinely cares about making a positive impact.

Overall, the sentiment towards the nonprofit is overwhelmingly positive, with supporters praising its mission and effectiveness in bringing about change within the community. The foundation appears to successfully fulfill its commitments and is seen as a trustworthy and valuable organization.


This AI summary has been generated from reviews found on Facebook.

Is Community Foundation Of Greater Huntsville legitimate?

Community Foundation Of Greater Huntsville is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Greater Huntsville 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: $112,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $234,663

For more financial information, click here


Official website here: www.communityfoundationhsv.org

What is the mission statement of Community Foundation Of Greater Huntsville?

The Community Foundation of Greater Huntsville is dedicated to mobilizing generosity and enhancing the quality of life in the community. Through the administration of various types of funds, including donor-advised, designated, field of interest, agency, and scholarship funds, the foundation plays a vital role in channeling philanthropic efforts towards meaningful causes. By bringing together donors, nonprofits, and community members, the organization fosters a culture of giving and collaboration, ultimately improving the well-being of the community.


Official website here: www.communityfoundationhsv.org

Who is the CEO of Community Foundation Of Greater Huntsville?

Melissa Thompson is the Chair of Community Foundation Of Greater Huntsville. The CEO's salary of Community Foundation Of Greater Huntsville is $0 and their total compensation is $115,401.


Official website here: www.communityfoundationhsv.org

What is the revenue of Community Foundation Of Greater Huntsville?

Community Foundation Of Greater Huntsville's revenue in 2022 was $14,359,826.


Official website here: www.communityfoundationhsv.org

Who are the executives of Community Foundation Of Greater Huntsville and what are their salaries?

The average compensation at Community Foundation Of Greater Huntsville during 2022 was $31,518. There are 11 employees and 75 volunteers at Community Foundation Of Greater Huntsville.


Here are 18 key members and their salaries (Community Foundation Of Greater Huntsville's CEO's salary is $0 and their total compensation is $115,401):


Ginger Harper (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray White (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Demaioribus (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Troy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Lowe (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clay Hagan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Williams (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Garland (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Penny Billings (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Hovis Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gw Boon Iii (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Dryden (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecilia Showalter (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Hinson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristina Hendrix (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Watts (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Thompson (Ceo/President)
  • Compensation: $0
  • Related: $112,040
  • Other: $3,361


Official website here: www.communityfoundationhsv.org

Where can I find the form 990 for Community Foundation Of Greater Huntsville?

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


Official website here: www.communityfoundationhsv.org

Learn more at the official website: www.communityfoundationhsv.org

Mission Statement of Community Foundation Of Greater Huntsville

The Community Foundation of Greater Huntsville is a philanthropic organization that takes action to enhance the living standards in the community. By mobilizing generosity, this foundation plays a pivotal role in driving positive change.

Established with a clear mission, the Community Foundation operates with the goal of improving the overall quality of life within the community. To achieve this objective, it manages various types of funds: donor advised, designated, field of interest, agency, and scholarship funds. Through the administration of these funds, the organization supports a wide range of initiatives designed to uplift and empower individuals and communities.

In essence, the Community Foundation functions as a bridge between donors and the causes they care about, ensuring that valuable resources are channeled to where they are most needed. By pooling together diverse philanthropic resources, it actively fosters collaboration and cooperation among different stakeholders, thereby maximizing their collective impact on the community.

As a trusted steward of charitable funds, the Community Foundation of Greater Huntsville plays an integral role in enriching the lives of its residents, creating opportunities for growth, and ultimately, contributing to a more vibrant, thriving community.

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Impact




August, 2024

The Community Foundation Of Greater Huntsville has a significant impact on improving the quality of life in the Huntsville community by mobilizing generosity. Through its various funds and initiatives, the foundation plays a vital role in addressing local needs, supporting organizations, and individuals, and making a positive difference in the community. Their mission to mobilize generosity demonstrates a commitment to facilitating positive change and creating a lasting impact on the community.




This information is meant to be a general summary of Community Foundation Of Greater Huntsville. 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
$14,359,826 (2022)
Expenses
$11,421,752 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,055,183
  • Gross Receipts: $23,478,946

Assets and Liabilities:

  • Total Assets: $46,091,896
  • Total Liabilities: $6,165,823
  • Net Assets: $39,926,073

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Organization Details

Founding Year

2008

Principal Officer

Melissa Thompson

Main Address

303 WILLIAMS AVE SW, HUNTSVILLE, AL, 35801

NTEE Category

Code: T31 - Philanthropy

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