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Community Foundation Of Shelby County

Community Foundation Of Shelby Coun

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 346565194 ✦ Sidney, OH ✦ Designated as a 501(c)(3)

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Overview

What is Community Foundation Of Shelby County?

Community Foundation of Shelby County, located at 100 S Main Avenue Suite 202, Sidney, Ohio 45365, is a nonprofit organization dedicated to inspiring charitable generosity and transforming it into meaningful, lasting impact for the local community. With a team of five dedicated individuals, they support various non-profit and community organizations in the area by leveraging donor contributions effectively. Their mission is to serve as a catalyst for positive change in Shelby County, fostering growth and development through charitable giving.


Official website here: www.commfoun.com

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 97% (Four-Star out of Four Stars)**

The Community Foundation of Shelby County has achieved an impressive Four-Star rating from Charity Navigator, signifying a high level of accountability and financial health. With a solid score of 97% in Accountability & Finance, the foundation demonstrates effective management, transparency, and strong governance practices. Key indicators include a fully independent board and exemplary financial oversight, ensuring funds are directed appropriately to support their mission.

The organization is dedicated to inspiring donor generosity and creating meaningful community impacts. It has set clear strategic goals, such as collaborating with local nonprofits and enhancing staff capabilities related to charitable giving options. Additionally, the leadership and adaptability score of 100 showcases its commitment to ongoing improvement and responsiveness to changing community needs.

However, the foundation does face some challenges regarding fundraising efficiency, which could be a point of attention for potential donors. Overall, the positive assessments highlight its strong operational standards and commitment to enhancing the quality of life in the community.

User reviews from GreatNonprofits were not available.


This AI summary has been generated from information found on Charity Navigator.

Is Community Foundation Of Shelby County legitimate?

Community Foundation Of Shelby County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Shelby County 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: $110,788
Professional Fundraising Fees: $0
Other Salaries and Wages: $150,867

For more financial information, click here


Official website here: www.commfoun.com

What is the mission statement of Community Foundation Of Shelby County?

The Community Foundation of Shelby County's mission is to inspire philanthropic generosity and transform it into meaningful, lasting impact. They achieve this by channeling charitable gifts towards supporting local non-profit organizations and community initiatives. The foundation's goal is to foster sustainable change and better the lives of the community members, ensuring that their donations make a significant difference. By inspiring generosity and translating it into tangible impact, the Community Foundation of Shelby County aims to enhance the well-being and prosperity of the community.


Official website here: www.commfoun.com

Who is the CEO of Community Foundation Of Shelby County?

Michael Lochard is the Vice-Chair of Community Foundation Of Shelby County.


Official website here: www.commfoun.com

What is the revenue of Community Foundation Of Shelby County?

Community Foundation Of Shelby County's revenue in 2022 was $9,345,368.


Official website here: www.commfoun.com

Who are the executives of Community Foundation Of Shelby County and what are their salaries?

The average compensation at Community Foundation Of Shelby County during 2022 was $52,331. There are 5 employees and 11 volunteers at Community Foundation Of Shelby County.


Here are 11 key members and their salaries:


Kurt Barhorst (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devon Beer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Borchers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Karen Fortman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Helman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lochard (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Monnier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Reiss (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Ruhenkamp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
The Honorable Norman Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Zorn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.commfoun.com

Where can I find the form 990 for Community Foundation Of Shelby County?

Community Foundation Of Shelby County's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.commfoun.com

Learn more at the official website: www.commfoun.com

Mission Statement of Community Foundation Of Shelby County

The Community Foundation of Shelby County, as a nonprofit organization, is committed to inspiring philanthropic generosity and transforming it into significant, enduring impact within the community. Their mission is twofold: firstly, they encourage donors to contribute charitable gifts, and secondly, they work to ensure that these contributions are strategically allocated and utilized to bring about meaningful, lasting changes. By supporting local non-profit organizations and community initiatives, the Community Foundation of Shelby County aims to foster growth and development within the community, ultimately contributing to a more prosperous and balanced society.

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Impact




October, 2024

The Community Foundation of Shelby County plays a vital role in fostering generosity and creating lasting change within the community. By channeling charitable gifts, it supports various area nonprofit and community organizations, enhancing their capacity to address local needs and challenges. This foundation not only inspires donor generosity but also transforms this philanthropy into meaningful initiatives that benefit the residents of Sidney, Ohio, and surrounding areas. Through its efforts, the foundation enhances the quality of life, promotes social welfare, and empowers community-driven solutions to improve the overall well-being of its citizens.




This information is meant to be a general summary of Community Foundation Of Shelby County. 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.

Revenue
$9,345,368 (2022)
Expenses
$4,621,961 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $942,681
  • Gross Receipts: $28,342,479

Assets and Liabilities:

  • Total Assets: $49,439,907
  • Total Liabilities: $15,271,350
  • Net Assets: $34,168,557

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Organization Details

Founding Year

1952

Principal Officer

Michael Lochard

Main Address

100 S MAIN AVENUE SUITE 202, SIDNEY, OH, 45365

NTEE Category

Code: T31 - Philanthropy

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