Overview
What is The New Albany Community Foundation?
The New Albany Community Foundation is a nonprofit organization that aims to enhance the well-being of its community. Their mission is twofold: to act as a catalyst, convenor, and investor in initiatives that align with the community's shared vision; and to build the necessary resources to support these initiatives. This foundation actively works towards improving the quality of life for all citizens of New Albany.
Official website here: www.newalbanyfoundation.org
What are the reviews and ratings of this charity?
**Rating: 97% (Four-Star out of Four Star rating from Charity Navigator)**
The New Albany Community Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong focus on accountability and financial health. The organization scored an impressive 97% in this category, indicating robust governance practices and financial management. Their commitment to having an independent board and maintaining low liabilities enhances their reliability and operational integrity.
Key strengths of the foundation include a high program expense ratio of nearly 94%, which suggests that a significant portion of their funds is directed toward charitable activities. This, along with their fundraising efficiency, highlights their ability to maximize the impact of donations. However, there is a noted limitation regarding their document retention policy, which remains unlisted, potentially indicating areas for improvement in transparency.
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This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The New Albany Community Foundation?
90% of the seven reviews on Facebook recommend The New Albany Community Foundation. Here’s a glimpse of what people are saying:
Many individuals have expressed their enthusiasm for the foundation’s events, highlighting their enjoyment and noting the positive impact these initiatives have on the community. The sense of community and the quality of the work being done are frequently mentioned, suggesting that the foundation is well-regarded for its efforts to enrich the local area.
Overall, the sentiments reflect a strong appreciation for the foundation and its contributions, with reviewers emphasizing the organization's commitment to making a difference in New Albany.
This AI summary has been generated from reviews found on Facebook.
Is The New Albany Community Foundation legitimate?
The New Albany Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New Albany 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: $282,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $186,427
For more financial information, click here
Official website here: www.newalbanyfoundation.org
What is the mission statement of The New Albany Community Foundation?
The New Albany Community Foundation's mission is centered around improving the well-being of its community. They strive to amass the necessary resources to act as a catalyst, convene, and invest in initiatives that align with the shared vision of the community, donors, and visionaries. By doing so, they aim to enhance the quality of life for all citizens in the community. The foundation's activities focus on identifying and supporting initiatives that can perpetuate this shared vision. Their mission is a testament to their commitment to making a positive impact on the community they serve.
Official website here: www.newalbanyfoundation.org
Who is the CEO of The New Albany Community Foundation?
J Craig Mohre is the Chair of The New Albany Community Foundation.
Official website here: www.newalbanyfoundation.org
What is the revenue of The New Albany Community Foundation?
The New Albany Community Foundation's revenue in 2022 was $7,914,986.
Official website here: www.newalbanyfoundation.org
Who are the executives of The New Albany Community Foundation and what are their salaries?
The average compensation at The New Albany Community Foundation during 2022 was $156,462. There are 3 employees and 16 volunteers at The New Albany Community Foundation.
Here are 19 key members and their salaries:
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- Compensation: $268,000
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- Other: $8,960
- Compensation: $125,808
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- Other: $4,600
Official website here: www.newalbanyfoundation.org
Where can I find the form 990 for The New Albany Community Foundation?
The New Albany Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newalbanyfoundation.org
Learn more at the official website: www.newalbanyfoundation.org
Mission Statement of The New Albany Community Foundation
The New Albany Community Foundation is dedicated to improving the lives of all its citizens. Their mission is twofold: firstly, they serve as a catalyst for initiatives that align with the shared vision of the community, donors, and visionaries. Secondly, they function as a convener, bringing together various entities to collaborate on these initiatives. Additionally, they act as an investor, committing resources to these projects with the aim of perpetuating the community's vision. Ultimately, their goal is to contribute to the betterment of New Albany for its entire population.
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Impact
October, 2024
The New Albany Community Foundation plays a vital role in enhancing the quality of life for all citizens in New Albany. By acting as a catalyst, convener, and investor, the Foundation mobilizes resources to support initiatives that align with the community's shared vision. Its efforts focus on fostering collaboration among residents, donors, and local visionaries to drive meaningful change across various sectors. Through strategic investments and community engagement, the Foundation helps to address pressing needs, support local initiatives, and promote a thriving environment for all. The impact is evident in improved services, enhanced public spaces, and a stronger sense of community, ultimately enriching the lives of New Albany’s residents.
This information is meant to be a general summary of The New Albany 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $96
- Program Service Revenue: $75,840
- Gross Receipts: $7,997,236
Assets and Liabilities:
- Total Assets: $19,894,351
- Total Liabilities: $1,257,632
- Net Assets: $18,636,719
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AMPHITHEATER EVENTS
Revenue
$41,000
REMARKABLE EVENING PRO
Revenue
$34,840
Organization Details
Founding Year
1994
Phone
(614) 939-8150Principal Officer
J Craig Mohre
Main Address
220 MARKET STREET, NEW ALBANY, OH, 43054
Website
www.newalbanyfoundation.orgNTEE Category
Code: T30 - Philanthropy
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