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Flc Properties Foundation

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

EIN: 270748899 ✦ Rockford, TN ✦ Designated as a 501(c)(3)

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Overview

What is Flc Properties Foundation?

The Flc Properties Foundation is a nonprofit organization based in Rockford, Tennessee, specifically at 3400 Andy Harris Road. Its primary mission revolves around providing financial support to the Foothills Land Conservancy, a conservation organization. In essence, the Flc Properties Foundation functions as a supporting organization for the Foothills Land Conservancy, aiming to bolster its efforts to preserve land in the region. Although details about any programs, resources, or initiatives provided by the Flc Properties Foundation are not explicitly stated, it is clear that their role is to help further the goals of the Foothills Land Conservancy.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 94%, Four-Star out of Four Star Rating

Flc Properties Foundation receives a high score of 94% from Charity Navigator, reflecting strong performance in accountability and finance. This rating is based solely on the foundation's fiscal responsibility and effective governance practices, indicating a commitment to transparency and ethical management of resources.

The organization demonstrates a robust structure with an independent board composed of 85% independent members. It has received full points for several key accountability measures, including its conflict of interest policy and audit oversight, which further showcases its commitment to maintaining high standards of governance and fiscal integrity.

One notable strength is the foundation's impressive program expense ratio of 95.15%, indicating that a significant portion of its resources is directed towards its mission rather than administrative costs. Overall, while the data does not highlight any significant limitations, the foundation's strong financial practices position it as a trustworthy organization within the nonprofit sector.


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

Is Flc Properties Foundation legitimate?

Flc Properties Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flc Properties 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 Flc Properties Foundation?

The Flc Properties Foundation's mission is centered around supporting the Foothills Land Conservancy. Specifically, they aim to bolster their finances to ensure they can effectively contribute towards the conservation efforts led by the Foothills Land Conservancy. Their purpose is not just about financial assistance, but more profoundly about preserving land and promoting environmental conservation.

Who is the CEO of Flc Properties Foundation?

William Clabough is the President of Flc Properties Foundation.

What is the revenue of Flc Properties Foundation?

Flc Properties Foundation's revenue in 2022 was $1,549,575.

Who are the executives of Flc Properties Foundation and what are their salaries?


Here are 8 key members and their salaries:


Robert Van Hook (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Jendrek (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Barnett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Proffitt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spencer Hall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Parish (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark King (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William C Clabough (Executive Director)
  • Compensation: $0
  • Related: $140,546
  • Other: $2,850
Where can I find the form 990 for Flc Properties Foundation?

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

Mission Statement of Flc Properties Foundation

The Flc Properties Foundation, a supporting organization, is dedicated to aiding the Foothills Land Conservancy. This foundation's mission revolves around building a robust financial structure to ensure continuous support for the Foothills Land Conservancy. By doing so, the Flc Properties Foundation contributes significantly to the conservation efforts, contributing to the preservation of natural landscapes and wildlife habitats.

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Impact




June, 2024

Flc Properties Foundation plays a crucial role in supporting Foothills Land Conservancy by building the financial resources necessary to aid in conservation efforts. Their impact is felt in the preservation of natural landscapes and habitats in the Rockford, TN area. Through their work, they contribute to the protection of the environment and the promotion of sustainable land management practices.




This information is meant to be a general summary of Flc Properties 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
$1,549,575 (2022)
Expenses
$114,784 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $312,422
  • Program Service Revenue: $24,532
  • Gross Receipts: $1,820,558

Assets and Liabilities:

  • Total Assets: $9,209,102
  • Total Liabilities: $2,100
  • Net Assets: $9,207,002

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEES FOR CONSERVATION

Revenue

$14,000

OTHER PROGRAM REVENUE

Revenue

$10,532

Organization Details

Founding Year

2009

Principal Officer

William Clabough

Main Address

3402 ANDY HARRIS ROAD, ROCKFORD, TN, 37853

NTEE Category

Code: C11 - Environment

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