Overview
What is Wells County Foundation Inc?
Wells County Foundation Inc is a charitable organization, headquartered at 222 W MARKET STREET, Bluffton, IN 46714. The foundation's primary mission is to enhance the well-being of the Wells County community by financially supporting qualified charitable organizations, aligning with the donors' intentions. Additionally, the foundation invests in programs and projects that aim to improve the community's overall quality of life. With a team of three dedicated individuals, the Wells County Foundation Inc is committed to contributing positively to the community's present and future.
Official website here: www.wellscountyfound.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
Wells County Foundation Inc has achieved an impressive Four-Star rating, reflecting its strong performance in accountability and finance. The organization scored 100% in this category, demonstrating a commitment to transparency and responsible financial practices. The rating is based solely on its accountability metrics, indicating an exemplary standard of governance and operational integrity.
The foundation has a fully independent board, with all members meeting the criteria for independence, which contributes to its strong oversight. Moreover, it maintains a robust financial oversight structure, including the presence of an audit and oversight committee. The organization has successfully avoided any material diversion of assets, further solidifying its ethical standing.
Additionally, Wells County Foundation Inc prioritizes transparency by listing its necessary documents on its website, including tax forms and board meeting minutes. With a program expense ratio of 81.31%, it effectively directs a substantial portion of its resources toward its mission-driven activities. This combination of strong governance and financial integrity positions the foundation as a trustworthy nonprofit within its community.
This AI summary has been generated from information found on Charity Navigator.
Is Wells County Foundation Inc legitimate?
Wells County Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wells County Foundation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $81,044
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,650
For more financial information, click here
Official website here: www.wellscountyfound.org
What is the mission statement of Wells County Foundation Inc?
The Wells County Foundation Inc. is a charitable organization established with the mission to enhance the present and future quality of life in its community. This is achieved by providing funding for qualifying charitable organizations, aligning with the donors' intentions. Furthermore, the foundation supports programs or projects that aim to improve the community, thereby contributing to its overall development.
Official website here: www.wellscountyfound.org
Who is the CEO of Wells County Foundation Inc?
Tammy Slater is the Exec Director of Wells County Foundation Inc.
Official website here: www.wellscountyfound.org
What is the revenue of Wells County Foundation Inc?
Wells County Foundation Inc's revenue in 2022 was $1,745,304.
Official website here: www.wellscountyfound.org
Who are the executives of Wells County Foundation Inc and what are their salaries?
The average compensation at Wells County Foundation Inc during 2022 was $59,565. There are 3 employees and 30 volunteers at Wells County Foundation Inc.
Here are 10 key members and their salaries:
- Compensation: $81,044
- Related: $0
- Other: $0
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- Other: $0
Official website here: www.wellscountyfound.org
Where can I find the form 990 for Wells County Foundation Inc?
Wells County Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wellscountyfound.org
Learn more at the official website: www.wellscountyfound.org
Mission Statement of Wells County Foundation Inc
The Wells County Foundation Inc, established as a charitable organization, is dedicated to enhancing the present and future quality of life within its community. Its mission, in essence, involves providing financial support and development opportunities for qualified charitable organizations, aligning with the donors' intentions. The foundation additionally funds programs or projects that aim to improve the community as a whole, contributing to its overall betterment.
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Impact
October, 2024
Wells County Foundation Inc significantly enhances the quality of life in the Wells County, IN community through targeted funding and support for various charitable organizations and projects. By prioritizing donor intentions, the foundation provides essential financial resources that bolster educational initiatives and community development efforts. Its impact is felt across the region as it fosters programs that elevate opportunities for residents, thereby cultivating a more vibrant and sustainable community. The foundation’s dedication to improving the present and future of Wells County exemplifies its commitment to fostering positive change and development.
This information is meant to be a general summary of Wells County Foundation 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.
- Investment Income: $1,063,153
- Gross Receipts: $6,763,908
Assets and Liabilities:
- Total Assets: $31,426,440
- Total Liabilities: $1,424,936
- Net Assets: $30,001,504
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Organization Details
Founding Year
1957
Phone
(260) 824-8620Principal Officer
Tammy Slater
Main Address
222 W MARKET STREET, BLUFFTON, IN, 46714
Website
www.wellscountyfound.orgNTEE Category
Code: B820 - Education
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