Overview
What is Foundation Of The Chester County Chamber?
The Foundation of the Chester County Chamber, located at 1600 Paoli Pike, Malvern, PA 19355, is a philanthropic organization with a mission to advance the cultural, educational, and community objectives of the Chester County Chamber of Business & Industry. Established as a section 501(c)(6) organization, this nonprofit receives funds to support charitable, religious, scientific, literary, or educational causes. Their primary goal is to foster programs and activities that align with these objectives, ultimately contributing to the betterment of their community.
Official website here: www.chescochamber.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating. The Foundation of the Chester County Chamber demonstrates a strong commitment to accountability and finance, which is reflected in its high score. This rating indicates that the organization effectively manages its resources and operates with transparency, making it a reliable choice for donors.
The charity has achieved a perfect score in several areas, including having an entirely independent board of directors and comprehensive policies in place regarding conflicts of interest and whistleblower protections. Additionally, there is no indication of material diversion of assets, showcasing the foundation's integrity in handling funds.
However, the organization has a liabilities to assets ratio of 54.56%, which, while still respectable, suggests that it could improve in managing its financial obligations. Overall, the Foundation of the Chester County Chamber is well-rated for its accountability and financial practices, indicating a solid foundation for potential support.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Foundation Of The Chester County Chamber?
100% of 10 reviewers on Facebook recommend the Foundation Of The Chester County Chamber. Here is a summary of their reviews:
The foundation is praised for its strong understanding of the local business community, particularly among service-oriented businesses in Chester County. Reviewers appreciate the organization's ability to tap into the needs and dynamics of the area, suggesting that it effectively serves as a vital connector within the community.
Overall, the sentiment reflects a high level of satisfaction with the foundation's contributions. Many express confidence in its role and impact, indicating that it successfully delivers on its mission to support and enhance the local business environment.
This AI summary has been generated from reviews found on Facebook.
Is Foundation Of The Chester County Chamber legitimate?
Foundation Of The Chester County Chamber is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of The Chester County Chamber 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.chescochamber.org
What is the mission statement of Foundation Of The Chester County Chamber?
The Foundation of the Chester County Chamber has a mission to receive funds, whether real or personal property, and utilize them for charitable, religious, scientific, literary, or educational purposes. This organization aims to develop, foster, and support programs and activities that align with the cultural, educational, and community goals of the Chester County Chamber of Business & Industry, a section 501(C)(6) organization. By doing so, the foundation seeks to contribute positively to various aspects of society.
Official website here: www.chescochamber.org
Who is the CEO of Foundation Of The Chester County Chamber?
Guy Ciarrocchi Esq is the Director of Foundation Of The Chester County Chamber.
Official website here: www.chescochamber.org
What is the revenue of Foundation Of The Chester County Chamber?
Foundation Of The Chester County Chamber's revenue in 2022 was $84,817.
Official website here: www.chescochamber.org
Who are the executives of Foundation Of The Chester County Chamber and what are their salaries?
There 15 volunteers at Foundation Of The Chester County Chamber.
Here are 9 key members and their salaries:
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Official website here: www.chescochamber.org
Where can I find the form 990 for Foundation Of The Chester County Chamber?
Foundation Of The Chester County Chamber's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chescochamber.org
Learn more at the official website: www.chescochamber.org
Mission Statement of Foundation Of The Chester County Chamber
The Foundation of the Chester County Chamber, as a nonprofit organization, is established with a mission to acquire and utilize funds, both real and personal, for charitable, religious, scientific, literary, or educational purposes. The primary objective of this foundation is to support and advance programs and activities that align with the cultural, educational, and community goals of the Chester County Chamber of Business & Industry, a section 501(C)(6) organization. The foundation's role is to foster and develop initiatives that contribute positively to the community, ultimately enhancing its overall well-being.
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Impact
October, 2024
The Foundation of the Chester County Chamber significantly enhances the cultural, educational, and community goals of Chester County. By receiving and applying funds for various charitable, scientific, literary, and educational purposes, it actively supports programs and activities that benefit the local community. This engagement fosters a vibrant environment where education and cultural initiatives thrive, ultimately contributing to the overall growth and development of the region. The Foundation’s efforts enable businesses and individuals to connect, collaborate, and participate in initiatives that enrich the quality of life for residents, thereby creating a stronger, more cohesive community in Malvern and beyond.
This information is meant to be a general summary of Foundation Of The Chester County Chamber. 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: $12
- Program Service Revenue: $40,775
- Gross Receipts: $84,817
Assets and Liabilities:
- Total Assets: $627,188
- Total Liabilities: $342,202
- Net Assets: $284,986
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$40,775
Organization Details
Founding Year
2003
Phone
(610) 725-9100Principal Officer
Guy Ciarrocchi Esq
Main Address
1600 PAOLI PIKE, MALVERN, PA, 19355
Website
www.chescochamber.orgNTEE Category
Code: B82 - Education
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