Overview
What is 1Berkshire Strategic Alliance Foundation Inc?
1Berkshire Strategic Alliance Foundation Inc is a nonprofit organization situated in Pittsfield, Massachusetts. Its primary mission is to bolster the Berkshires' economy by fostering collaboration among local businesses, tourism, economic, and creative development sectors. The foundation aims to retain and attract jobs, tourism, and creativity in the region, operating under Section 501(c)(6) for charitable, educational, and scientific purposes. The innovative approach taken by 1Berkshire Strategic Alliance Foundation Inc aims to strengthen and grow the Berkshire economy, ultimately contributing to its overall prosperity.
Official website here: www.1berkshire.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star Rating
The 1Berkshire Strategic Alliance Foundation Inc has received an 83% rating from Charity Navigator, reflecting a solid level of accountability and financial health. The score is based solely on its Accountability & Finance metrics, indicating that the organization is performing well in managing its funds and maintaining transparency.
Strengths of the foundation include a high percentage of independent board members, a good size independent board, and no reported material diversions of assets. Additionally, the organization has a strong program expense ratio, which suggests that a significant portion of its expenditures goes directly toward its programs, benefiting its mission.
However, there are areas for improvement, particularly in governance policies. The absence of a conflict of interest policy and a whistleblower policy indicates weaknesses in its operational frameworks, which could impact transparency and trust. Addressing these gaps would enhance the foundation's overall accountability.
This AI summary has been generated from information found on Charity Navigator.
Is 1Berkshire Strategic Alliance Foundation Inc legitimate?
1Berkshire Strategic Alliance Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1Berkshire Strategic Alliance 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.1berkshire.com
What is the mission statement of 1Berkshire Strategic Alliance Foundation Inc?
1Berkshire Strategic Alliance Foundation Inc's mission is to operate exclusively for the benefit of 1Berkshire Strategic Alliance, an organization exempt under 501(C)(6). Their primary purpose is to carry out charitable, educational, and scientific activities. They aim to strengthen and grow the economy of the region using an innovative collaborative approach, involving businesses, tourism, economic, and creative development efforts. The foundation's goal is to build a unified economic development engine for the region, designed to position it for success by retaining and attracting jobs, tourism, and creativity.
Official website here: www.1berkshire.com
Who is the CEO of 1Berkshire Strategic Alliance Foundation Inc?
Jonathan Butler is the Treasurer of 1Berkshire Strategic Alliance Foundation Inc.
Official website here: www.1berkshire.com
What is the revenue of 1Berkshire Strategic Alliance Foundation Inc?
1Berkshire Strategic Alliance Foundation Inc's revenue in 2022 was $637,442.
Official website here: www.1berkshire.com
Who are the executives of 1Berkshire Strategic Alliance Foundation Inc and what are their salaries?
Here are 11 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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.1berkshire.com
Where can I find the form 990 for 1Berkshire Strategic Alliance Foundation Inc?
1Berkshire Strategic Alliance Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.1berkshire.com
Learn more at the official website: www.1berkshire.com
Mission Statement of 1Berkshire Strategic Alliance Foundation Inc
1Berkshire Strategic Alliance Foundation Inc is dedicated to operating exclusively for the benefit of 1Berkshire Strategic Alliance, a 501(c)(6) organization. The foundation's mission revolves around carrying out charitable, educational, and scientific purposes to strengthen and grow the Berkshire economy using a collaborative approach. This collaborative approach involves working with various sectors in the region, including business, tourism, economic, and creative development efforts. The ultimate goal of 1Berkshire Strategic Alliance Foundation Inc is to build a unified economic development engine for the Berkshires, designed to position the region to thrive by retaining and attracting jobs, tourism, and creativity. In simpler terms, the foundation aims to foster a collaborative environment among different sectors in the Berkshires to boost the region's economy and create opportunities for growth.
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
July, 2024
1Berkshire Strategic Alliance Foundation Inc's impact can be seen in its efforts to build a unified economic development engine for the Berkshires. By strengthening and growing the Berkshire economy through innovative collaborative approaches among business, tourism, economic, and creative development efforts, the foundation is working to position the region to thrive. This includes retaining and attracting jobs, promoting tourism, and fostering creativity in the area. Through its charitable, educational, and scientific initiatives, the foundation is contributing to the overall improvement of the Berkshire community.
This information is meant to be a general summary of 1Berkshire Strategic Alliance 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1
- Program Service Revenue: $16,390
- Gross Receipts: $785,685
Assets and Liabilities:
- Total Assets: $1,391,218
- Total Liabilities: $264,979
- Net Assets: $1,126,239
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$16,390
Organization Details
Founding Year
2010
Phone
(413) 499-1600Principal Officer
Jonathan Butler
Main Address
PO BOX 4826, PITTSFIELD, MA, 01202
Website
www.1berkshire.comNTEE Category
Code: S20 - Community improvement
If you are a representative of 1Berkshire Strategic Alliance Foundation Inc 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.