Overview
What is Midwest Electric Community Connection Fund Inc?
Midwest Electric Community Connection Fund Inc is a charitable organization situated in St. Marys, Ohio (specifically at 06029 County Rd 33A). Its primary mission is to accumulate and distribute funds for charitable purposes within the seven-county service area of Midwest Electric, Inc. This nonprofit organization extends its aid to charitable organizations, indigent individuals, and disaster victims, ensuring that the community receives essential support when needed. The fund's activities are in line with its charitable mission, ensuring that all funds are utilized for this purpose according to its objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating. This rating reflects a solid performance in terms of accountability and finance for Midwest Electric Community Connection Fund Inc. The overall score is entirely based on financial metrics, indicating that the organization has shown a strong commitment to transparency and responsible fiscal management.
The organization features an entirely independent board, which is a positive aspect that can enhance governance and decision-making. With no material diversion of assets reported and a robust conflict of interest policy in place, the charity demonstrates a commitment to ethical standards. Additionally, the organization maintains an excellent liabilities to assets ratio, showcasing its financial stability.
However, while the financial metrics indicate strong performance, the absence of additional beacons such as effectiveness or impact ratings limits the overall assessment of the organization's performance. Nevertheless, the high program expense ratio suggests that a significant portion of its resources is dedicated to fulfilling its mission, making it a reliable option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Midwest Electric Community Connection Fund Inc legitimate?
Midwest Electric Community Connection Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midwest Electric Community Connection 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.
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What is the mission statement of Midwest Electric Community Connection Fund Inc?
The Midwest Electric Community Connection Fund Inc's mission is centered around accumulating and distributing funds for charitable purposes. This organization extends its support to various charitable organizations, indigent individuals, and disaster victims within its seven-county service area, which is overseen by Midwest Electric, Inc. The primary goal of the fund is to contribute to the betterment of these groups by using all accumulated and disbursed funds for its stated charitable purpose.
Who is the CEO of Midwest Electric Community Connection Fund Inc?
Robert Gaberdiel is the Chairman of Midwest Electric Community Connection Fund Inc.
What is the revenue of Midwest Electric Community Connection Fund Inc?
Midwest Electric Community Connection Fund Inc's revenue in 2022 was $63,248.
Who are the executives of Midwest Electric Community Connection Fund Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Midwest Electric Community Connection Fund Inc?
Midwest Electric Community Connection Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Midwest Electric Community Connection Fund Inc
The Midwest Electric Community Connection Fund Inc is a nonprofit organization with a mission to accumulate and distribute funds for charitable purposes. This organization extends its support to various charitable organizations, indigent individuals, and disaster victims within its seven-county service area, which is overseen by Midwest Electric, Inc. The primary objective of Midwest Electric Community Connection Fund Inc is to utilize all the accumulated and disbursed funds towards its primary exempt purpose as stated above. This involves providing financial aid and resources to those in need, contributing to the betterment of the community, and offering assistance in times of disaster.
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Impact
August, 2024
Midwest Electric Community Connection Fund Inc has a significant impact on the seven-county area serviced by Midwest Electric, Inc. By accumulating and distributing funds for charitable purposes to charitable organizations, indigent individuals, and disaster victims, the organization plays a crucial role in supporting those in need within the community. Through its philanthropic efforts, Midwest Electric Community Connection Fund Inc positively impacts the lives of many individuals and helps to address various social challenges in the area.
This information is meant to be a general summary of Midwest Electric Community Connection 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $63,248
Assets and Liabilities:
- Total Assets: $15,732
- Total Liabilities: $0
- Net Assets: $15,732
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Organization Details
Founding Year
1997
Phone
(419) 394-4110Principal Officer
Robert Gaberdiel
Main Address
06029 COUNTY RD 33A, ST MARYS, OH, 45885
NTEE Category
Code: T31 - Philanthropy
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