Overview
What is Erie County Community Foundation?
Erie County Community Foundation is a nonprofit organization situated in Sandusky, Ohio, with an address at 135 East Washington Row, 44870. Its primary objective is to facilitate charitable giving, aiming to improve the quality of life in Erie County and Sandusky, Ohio, both presently and in the future. The foundation serves as a charitable mechanism for donors of various giving levels, with a mission to establish a permanent endowment that assesses and responds to evolving community needs. By doing so, Erie County Community Foundation contributes significantly to enriching the lives of residents in its community. The organization has a modest workforce of five dedicated individuals.
Official website here: www.eriefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Erie County Community Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. With a perfect score in various accountability measures, the foundation demonstrates transparency and effective governance, including a fully independent board and comprehensive financial oversight.
Strengths of the organization include its high program expense ratio, indicating that a significant portion of its funding is directed toward programs rather than administrative costs. The foundation also showcases remarkable financial stability, as evidenced by its low liabilities to assets ratio and long working capital ratio, suggesting it is well-positioned to sustain its operations over the long term.
While the organization excels in many areas, it is important for potential donors to consider how these strengths translate into the foundation's impact on the community. Nevertheless, the foundation's robust financial practices and governance structures provide a strong basis for trust among supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Erie County Community Foundation legitimate?
Erie County Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Erie County 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: $92,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $195,827
For more financial information, click here
Official website here: www.eriefoundation.org
What is the mission statement of Erie County Community Foundation?
The Erie County Community Foundation's mission is centered around improving the quality of life in its community. It achieves this by developing a permanent endowment to identify and address changing community needs. Acting as a charitable mechanism, the foundation encourages charitable giving from individuals at various levels. The primary purpose of the organization is to provide a means for people to make contributions, aiming to enhance the quality of life in the community, both presently and in the future.
Official website here: www.eriefoundation.org
Who is the CEO of Erie County Community Foundation?
Elizabeth Maiden is the Executive Di of Erie County Community Foundation.
Official website here: www.eriefoundation.org
What is the revenue of Erie County Community Foundation?
Erie County Community Foundation's revenue in 2022 was $2,571,862.
Official website here: www.eriefoundation.org
Who are the executives of Erie County Community Foundation and what are their salaries?
The average compensation at Erie County Community Foundation during 2022 was $57,685. There are 5 employees and 16 volunteers at Erie County Community Foundation.
Here are 23 key members and their salaries:
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Official website here: www.eriefoundation.org
Where can I find the form 990 for Erie County Community Foundation?
Erie County Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eriefoundation.org
Learn more at the official website: www.eriefoundation.org
Mission Statement of Erie County Community Foundation
The Erie County Community Foundation, a charitable organization, is dedicated to enhancing the quality of life in its community. Its mission is multifaceted, aiming to establish a permanent endowment that assesses and responds to changing community needs. By serving as a charitable mechanism for donors of all levels of charitable giving, the foundation seeks to address these needs effectively. The organization's primary purpose is to provide a means for individuals to make gifts of assets, ensuring that the benefits of these contributions extend beyond the present and into the future. In essence, the Erie County Community Foundation aims to foster a thriving community by harnessing the generosity of its donors and responding adeptly to its evolving needs.
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Impact
October, 2024
Erie County Community Foundation (ECCF) enriches the quality of life in the Erie County and Sandusky, Ohio community through the development of a permanent endowment. By assessing and responding to the evolving needs of the community, ECCF plays a pivotal role in enhancing local resources, initiatives, and projects. It provides a platform for individuals and organizations to contribute assets, ensuring that charitable giving is accessible for everyone, regardless of their capacity. This commitment creates lasting positive impacts that resonate today and will continue to benefit future generations in Erie County and Sandusky. Through its efforts, ECCF fosters a culture of philanthropy that strengthens the community and addresses its diverse needs.
This information is meant to be a general summary of Erie County 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: $1,047,175
- Program Service Revenue: $41,737
- Gross Receipts: $7,270,814
Assets and Liabilities:
- Total Assets: $36,718,322
- Total Liabilities: $4,282,251
- Net Assets: $32,436,071
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMIN SERVICE FEES
Revenue
$41,737
Organization Details
Founding Year
1995
Phone
(419) 621-9690Principal Officer
Elizabeth Maiden
Main Address
135 EAST WASHINGTON ROW, SANDUSKY, OH, 44870
Website
www.eriefoundation.orgNTEE Category
Code: T31 - Philanthropy
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