Overview
What is Community Foundation For The Ohio Valley Inc?
Community Foundation For The Ohio Valley Inc, located at 1226 Chapline Street, Wheeling, WV 26003, is a dedicated nonprofit organization. Established with a mission to support benevolent, charitable, or educational causes, the foundation specializes in distributing grants for the betterment of charitable undertakings in the Ohio Valley. Its primary objective is to establish and maintain a permanent endowment, ensuring it can meet both current and future needs of the Upper Ohio Valley. With a workforce of 8 employees, the Community Foundation For The Ohio Valley Inc plays a significant role in contributing to the community's welfare and growth.
Official website here: www.cfov.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating:** 87% (Three-Star out of Four Star Rating)
The Community Foundation For The Ohio Valley Inc. has received an 87% score from Charity Navigator, reflecting strong accountability and finance practices. The foundation demonstrates transparency with 100% of its board members being independent, solid financial health indicated by low liabilities to assets ratio, and efficient fundraising practices. However, the charity has not been rated on domains such as Impact & Measurement, Leadership & Adaptability, or Culture & Community, which might limit a comprehensive understanding of its effectiveness.
While the financial metrics are promising, including a high percentage of program expenses and a robust working capital ratio, the lack of available financial statements raises some concerns about the full disclosure of operations. Users should be aware that these aspects, while outlined in the accountability section, do not cover the broader qualitative impact of the foundation's programs and initiatives.
Unfortunately, no user reviews from GreatNonprofits could be fetched, preventing insights into public sentiment regarding the foundation's work. This lack of feedback might suggest limited community engagement or visibility in user-driven evaluations, emphasizing the need for a fuller assessment based on direct beneficiary experiences to better complement the financial data provided.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation For The Ohio Valley Inc legitimate?
Community Foundation For The Ohio Valley Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation For The Ohio Valley 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: $378,963
For more financial information, click here
Official website here: www.cfov.org
What is the mission statement of Community Foundation For The Ohio Valley Inc?
The Community Foundation for the Ohio Valley Inc was established with the purpose of supporting benevolent, charitable, or educational causes. Its primary mission is to build a permanent endowment that can address the current and future needs of the Upper Ohio Valley. One of the significant aspects of the foundation is its capacity to distribute grants for charitable or educational undertakings within the Ohio Valley. The foundation plays a crucial role in contributing to the well-being of the community by supporting various charitable and educational initiatives.
Official website here: www.cfov.org
Who is the CEO of Community Foundation For The Ohio Valley Inc?
Susie Nelson is the Executive Director of Community Foundation For The Ohio Valley Inc.
Official website here: www.cfov.org
What is the revenue of Community Foundation For The Ohio Valley Inc?
Community Foundation For The Ohio Valley Inc's revenue in 2022 was $11,022,501.
Official website here: www.cfov.org
Who are the executives of Community Foundation For The Ohio Valley Inc and what are their salaries?
The average compensation at Community Foundation For The Ohio Valley Inc during 2022 was $47,370. There are 8 employees at Community Foundation For The Ohio Valley Inc.
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Official website here: www.cfov.org
Where can I find the form 990 for Community Foundation For The Ohio Valley Inc?
Community Foundation For The Ohio Valley Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfov.org
Learn more at the official website: www.cfov.org
Mission Statement of Community Foundation For The Ohio Valley Inc
The Community Foundation for the Ohio Valley Inc was established with the purpose of supporting benevolent, charitable, or educational causes. At its core, the foundation's mission is to foster a permanent endowment that can respond to the current and future needs of the Upper Ohio Valley. By doing so, the Community Foundation for the Ohio Valley Inc aims to contribute positively to the community, ensuring that charitable and educational undertakings in the Ohio Valley have the necessary financial support. One of the key features of the foundation is its ability to distribute grants, thus playing a significant role in addressing the needs of the Ohio Valley in a sustainable manner.
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Impact
October, 2024
Community Foundation for the Ohio Valley Inc significantly impacts the region through its dedicated support of benevolent, charitable, and educational causes. By distributing grants that benefit various charitable and educational initiatives in the Ohio Valley, the foundation plays a crucial role in enhancing community development and addressing local needs. Its mission focuses on increasing a permanent endowment, which not only meets current demands but also prepares for future challenges in the Upper Ohio Valley. This long-term commitment to philanthropy fosters a sustainable environment for growth and improvement across the community, ensuring that resources are available to tackle pressing issues and support vital programs.
This information is meant to be a general summary of Community Foundation For The Ohio Valley 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: $5,948,601
- Gross Receipts: $38,053,055
Assets and Liabilities:
- Total Assets: $66,188,864
- Total Liabilities: $4,297,590
- Net Assets: $61,891,274
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Organization Details
Founding Year
1972
Phone
(304) 242-3144Principal Officer
Susie Nelson
Main Address
1226 CHAPLINE STREET, WHEELING, WV, 26003
Website
www.cfov.orgNTEE Category
Code: T30 - Philanthropy
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