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Beacon Communities Charitable Fund Inc

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

EIN: 300795887 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Beacon Communities Charitable Fund Inc?

Beacon Communities Charitable Fund Inc is a charitable organization, headquartered in Boston, Massachusetts. Established with a mission to support low-income individuals, youth, children, families, seniors, and disabled persons, it operates primarily within affordable housing developments and surrounding communities. The organization raises funds to provide various wellness, educational, social, and supportive services and programs, directly benefiting these groups. Moreover, it also operates or provides these programs and services directly, ensuring that those in need receive the necessary support. The goal is to enhance the quality of life for these individuals and communities.


Official website here: www.beaconcommunitiesllc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Beacon Communities Charitable Fund Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The charity's overall score is based entirely on its strong performance in accountability and finance, scoring an exceptional 96%. This indicates that the organization effectively manages its resources and adheres to transparent operational practices.

The charity demonstrates a commitment to governance with a fully independent board, receiving full points for having eight board members, all of whom are independent. Additionally, its financial oversight mechanisms are robust, evidenced by a perfect score in financial statements and the absence of any material diversion of assets. The organization also maintains a comprehensive set of policies, such as conflict of interest and whistleblower policies, which further enhance its credibility.

Despite its strengths, the summary does not indicate specific programmatic impacts or outcomes, focusing primarily on financial metrics and governance. While the financial ratios, including a low liabilities-to-assets ratio and a high program expense ratio, suggest effective financial management, potential donors may desire more information on the charity's direct impact on the communities it serves.


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

What do the Facebook reviews say about Beacon Communities Charitable Fund Inc?

88% of 23 reviewers on Facebook recommend Beacon Communities Charitable Fund Inc. Here's a summary of their reviews:

Many individuals express a strong sense of appreciation for the leadership at Beacon Communities, highlighting the effectiveness and dedication of its CEO, Pam Goodman, President Jeff Baker, and Chief Administrative Officer Darlene Perrone. Employees feel fortunate to be part of an organization that they believe exceeds expectations compared to others.

Overall, feedback indicates a positive sentiment towards Beacon Communities, with users feeling proud to be associated with the nonprofit. The commendations for its management suggest that the organization is well-regarded for its supportive and effective environment.


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

Is Beacon Communities Charitable Fund Inc legitimate?

Beacon Communities Charitable Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beacon Communities Charitable Fund 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.beaconcommunitiesllc.com

What is the mission statement of Beacon Communities Charitable Fund Inc?

Beacon Communities Charitable Fund Inc was established with charitable objectives, as stated in its formation document. One of its primary purposes is to raise funds for enhancing the quality of life of low-income individuals, youth, children, families, seniors, and disabled persons living in affordable housing developments and their surrounding communities. This is achieved through various wellness, educational, social, and supportive services and programs. Additionally, the organization operates or provides these programs and services directly to benefit these groups.


Official website here: www.beaconcommunitiesllc.com

Who is the CEO of Beacon Communities Charitable Fund Inc?

Pamela Goodman is the Director of Beacon Communities Charitable Fund Inc.


Official website here: www.beaconcommunitiesllc.com

What is the revenue of Beacon Communities Charitable Fund Inc?

Beacon Communities Charitable Fund Inc's revenue in 2022 was $726,878.


Official website here: www.beaconcommunitiesllc.com

Who are the executives of Beacon Communities Charitable Fund Inc and what are their salaries?


Here are 10 key members and their salaries:


Carrie Rankin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Kurland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liam Kerr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milagros Pena (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Goodman (Chair Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Boehs (Asst. General Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Ferson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thaddeus Miles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Stokes (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.beaconcommunitiesllc.com

Where can I find the form 990 for Beacon Communities Charitable Fund Inc?

Beacon Communities Charitable Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.beaconcommunitiesllc.com

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

Mission Statement of Beacon Communities Charitable Fund Inc

Beacon Communities Charitable Fund Inc was established with a charitable mission, as outlined in its formation documents. The organization's primary objective is to raise funds and provide programs and services that directly benefit low-income individuals, children, families, seniors, and disabled persons living in affordable housing developments and the communities surrounding them. This mission encompasses initiatives focused on wellness, education, social services, and support, aiming to improve the quality of life for these vulnerable groups. Additionally, Beacon Communities Charitable Fund Inc has the option to operate or provide these programs and services directly, thereby extending its reach and impact on the specified communities.

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Impact




October, 2024

Beacon Communities Charitable Fund Inc significantly enhances the quality of life for low-income individuals, youth, children, families, seniors, and disabled persons residing in affordable housing developments. The organization focuses on raising funds to support wellness, educational, social, and supportive services tailored to the specific needs of these communities.

By operating or providing these vital programs and services, Beacon Communities addresses the unique challenges faced by residents, fostering a sense of community and promoting overall well-being. The initiatives not only empower individuals and families but also strengthen community ties, making a lasting impact in Boston and surrounding areas. Through its efforts, Beacon Communities plays a crucial role in creating opportunities for personal growth and social connection among those it serves.




This information is meant to be a general summary of Beacon Communities Charitable Fund 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
$726,878 (2022)
Expenses
$662,662 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $121,934
  • Gross Receipts: $726,878

Assets and Liabilities:

  • Total Assets: $419,763
  • Total Liabilities: $229,485
  • Net Assets: $190,278

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Programs

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

PROGRAM SERVICE FEES

Revenue

$98,798

RENTAL INCOME

Revenue

$23,136

Organization Details

Founding Year

2013

Principal Officer

Pamela Goodman

Main Address

TWO CENTER PLAZA 700, BOSTON, MA, 02108

NTEE Category

Code: T31 - Philanthropy

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