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Cherokee Community Foundation

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

EIN: 300036983 ✦ Cherokee, IA ✦ Designated as a 501(c)(3)

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Overview

What is Cherokee Community Foundation?

The Cherokee Community Foundation, established in Cherokee, Iowa, is a nonprofit organization with a mission to improve the quality of life within the city. Their primary focus includes enhancing and developing various facilities and activities. As per the provided information, they have managed to secure funds for a 2.25-mile recreational trail project, incorporating elements such as outdoor classrooms, historical recognition sites, pollination gardens, and a rustic playground area. This project falls under their remit to contribute to community development and recreational activities. The foundation's address is 416 W MAIN ST, Cherokee, IA, 51012.

Is Cherokee Community Foundation legitimate?

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

The Cherokee Community Foundation's mission is centered around enhancing and developing quality of life activities. Specifically, their goal is to improve the recreational facilities and activities within a particular city, without providing specific details about the location. The foundation has shown interest in projects such as constructing a 2.25-mile recreational trail, incorporating outdoor classrooms, historic recognition sites, pollination gardens, and a rustic playground area. The grant income related to these projects is reported regularly.

Who is the CEO of Cherokee Community Foundation?

Craig Schmidt is the Mayor of Cherokee Community Foundation.

What is the revenue of Cherokee Community Foundation?

Cherokee Community Foundation's revenue in 2022 was $275,411.

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

There 30 volunteers at Cherokee Community Foundation.


Here are 7 key members and their salaries:


Melinda Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Ellis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorna Kohn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric List (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Schmidt (Mayor)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Wilberding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Lucas (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cherokee Community Foundation?

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

Mission Statement of Cherokee Community Foundation

The Cherokee Community Foundation is committed to enhancing and developing quality of life activities within its sphere of influence. To achieve this, the organization has set its sights on various facets that contribute to the overall well-being of the community. One of its initiatives involves the development of a 2.25-mile recreational trail, which will incorporate outdoor classrooms, historic recognition sites, pollination gardens, and a rustic playground area. The foundation has reported grant income related to this project in its financial reports.

In summary, the Cherokee Community Foundation is dedicated to uplifting the community by improving its facilities and activities. Through its efforts, the foundation aims to provide residents with enhanced opportunities for recreation, learning, and social engagement, ultimately contributing to a higher quality of life. Its commitment to this mission is evident in its initiatives, such as the development of the recreational trail, which is designed to cater to the diverse needs and interests of the community.

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Impact




October, 2024

The Cherokee Community Foundation significantly enhances the quality of life in Cherokee, Iowa, by developing and improving recreational facilities and activities. A prime example of its impact is the creation of Magnetic Park, which features a 2.25-mile paved recreational trail. This development not only promotes physical activity but also serves as a community hub with outdoor classrooms, historic recognition sites, pollination gardens, and a rustic playground area. By investing in such projects, the Foundation fosters a sense of community and connection, making Cherokee a more vibrant place to live, work, and play.




This information is meant to be a general summary of Cherokee 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
$275,411 (2022)
Expenses
$103,442 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $203
  • Gross Receipts: $275,411

Assets and Liabilities:

  • Total Assets: $261,658
  • Total Liabilities: $0
  • Net Assets: $261,658

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Organization Details

Founding Year

2000

Principal Officer

Craig Schmidt

Main Address

416 W MAIN ST, CHEROKEE, IA, 51012

NTEE Category

Code: T30 - Philanthropy

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