Overview
What is Peoria Area Community Foundation?
The Peoria Area Community Foundation is a nonprofit organization situated in Peoria, Illinois. With a team of six dedicated individuals, their primary mission is to distribute grants to organizations that align with their guidelines, aiming to meet the present and future needs of Central Illinois. Their work involves connecting individuals who are passionate about making a difference with causes that matter significantly in their community. The Community Foundation of Central Illinois strives to make a lasting philanthropic impact by demonstrating visible leadership and fostering meaningful connections between those who care and the causes that require attention.
Official website here: www.communityfoundationci.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 91%, Four-Star out of Four Star rating
The Peoria Area Community Foundation has achieved a commendable 91% score, resulting in a Four-Star rating. This rating highlights the organization's strong emphasis on accountability and finance, which is crucial for building donor trust and ensuring effective use of resources. The foundation has a solid governance structure with a fully independent board, demonstrating transparency in its operations.
Strengths noted in their evaluation include a perfect score in various accountability categories, such as the presence of conflict of interest and whistleblower policies. Additionally, the foundation excels in its program expense ratio, indicating that a significant portion of funds is allocated toward its mission-driven activities. Their fundraising efficiency is particularly impressive, showcasing minimal costs associated with raising funds.
However, it's worth mentioning that while the foundation has a high score overall, the liabilities to assets ratio received a lower score, suggesting some financial leverage that may warrant further consideration. Despite this, the foundation's high working capital ratio indicates strong financial health and sustainability. Overall, the Peoria Area Community Foundation appears to be a reliable and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Peoria Area Community Foundation?
84% of 37 reviewers on Facebook recommend the Peoria Area Community Foundation. Here is a summary of their reviews:
Many individuals express strong support for the foundation, highlighting its commitment to improving and protecting local communities in central Illinois. The organization is recognized for its focused approach and dedication to service, with several commenters appreciating the positive impact it has on the area.
Overall, the sentiment is largely favorable, with supporters praising the foundation's mission and the tangible benefits it brings to the community. It appears that those involved feel a sense of gratitude for the foundation's efforts and are motivated by the positive changes implemented through its initiatives.
This AI summary has been generated from reviews found on Facebook.
Is Peoria Area Community Foundation legitimate?
Peoria Area Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peoria Area 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: $150,420
Professional Fundraising Fees: $0
Other Salaries and Wages: $206,361
For more financial information, click here
Official website here: www.communityfoundationci.org
What is the mission statement of Peoria Area Community Foundation?
The Peoria Area Community Foundation aims to make a lasting philanthropic impact on its community by exhibiting visible leadership in linking individuals who are passionate about giving with causes that require attention. The organization's mission is to administer grants to organizations that align with its guidelines, thereby addressing both current and future needs in the community. By connecting philanthropists with worthy causes, the Peoria Area Community Foundation contributes to the betterment of its community over time.
Official website here: www.communityfoundationci.org
Who is the CEO of Peoria Area Community Foundation?
David Bailey is the Treasurer of Peoria Area Community Foundation. The CEO's salary of Peoria Area Community Foundation is $115,393 and their total compensation is $134,700.
Official website here: www.communityfoundationci.org
What is the revenue of Peoria Area Community Foundation?
Peoria Area Community Foundation's revenue in 2022 was $3,431,136.
Official website here: www.communityfoundationci.org
Who are the executives of Peoria Area Community Foundation and what are their salaries?
The average compensation at Peoria Area Community Foundation during 2022 was $59,464. There are 6 employees at Peoria Area Community Foundation.
Here are 18 key members and their salaries (Peoria Area Community Foundation's CEO's salary is $115,393 and their total compensation is $134,700):
- Compensation: $115,393
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- Other: $19,307
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Official website here: www.communityfoundationci.org
Where can I find the form 990 for Peoria Area Community Foundation?
Peoria Area Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communityfoundationci.org
Learn more at the official website: www.communityfoundationci.org
Mission Statement of Peoria Area Community Foundation
The Peoria Area Community Foundation aims to create a lasting philanthropic impact within its community by exhibiting visible leadership. This involves connecting individuals who are passionate about making a difference with causes that resonate with them. Through this connection, the foundation aims to foster sustainable change. By administering grants to organizations that meet its guidelines, the Peoria Area Community Foundation seeks to address both present and future needs within Central Illinois. The foundation's mission is to serve as a bridge, bringing together caring individuals and worthwhile causes, ultimately striving for a more prosperous and inclusive community.
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Impact
October, 2024
The Peoria Area Community Foundation makes a significant and sustainable philanthropic impact in Central Illinois by actively connecting individuals who care with causes that matter. Through its leadership, it administers grants to organizations that meet specific guidelines, ensuring that support is directed toward initiatives that benefit both the present and future needs of the community. This collaborative approach fosters a stronger, more vibrant community, enriching the lives of residents and addressing local challenges effectively.
This information is meant to be a general summary of Peoria Area 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: $1,291,085
- Gross Receipts: $3,962,134
Assets and Liabilities:
- Total Assets: $65,390,340
- Total Liabilities: $37,671,452
- Net Assets: $27,718,888
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Organization Details
Founding Year
1988
Principal Officer
David Bailey
Main Address
3625 NORTH SHERIDAN STE 310, PEORIA, IL, 61604
NTEE Category
Code: T31Z - Philanthropy
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