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Community Foundation Of The Quincy

Cf Serving W Central Il & Ne Mo

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

EIN: 371366611 ✦ Quincy, IL ✦ Designated as a 501(c)(3)

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Overview

What is Community Foundation Of The Quincy?

Community Foundation of Quincy is a not-for-profit organization situated in Quincy, Illinois, at 4531 Maine Street A. Its primary mission is to administer donated funds exclusively for charitable purposes. The organization focuses on grant distribution to various local charities, primarily benefiting a 12-county area spanning west-central Illinois and northeast Missouri. By connecting individuals with causes that resonate with them, the foundation serves a diverse range of donors with varying interests and giving capacities. Acting as a resource and catalyst for charitable activities, it strives to develop endowment capabilities and adapt to evolving community needs. The foundation employs a staff of seven individuals, demonstrating its commitment to its role in the community.


Official website here: www.mycommunityfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95% (Four-Star out of Four Star rating)

The Community Foundation of Quincy has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its commendable accountability and financial performance. The organization scored 95% in its Accountability & Finance category, indicating a strong commitment to transparency and responsible financial practices. The foundation has an independent board comprising 100% independent members, which enhances its governance and oversight.

Financially, the foundation demonstrates excellent management with a program expense ratio of 80.56%, ensuring that a significant portion of its funds is directed towards its mission. Additionally, the organization boasts a low liabilities to assets ratio of 2.91% and impressive fundraising efficiency, with only $0.06 spent to raise each dollar. These metrics show that the foundation operates effectively and is well-positioned to sustain its work over the long term.

While the data reflects strong performance, potential donors and stakeholders may want to consider any qualitative aspects of the organization that may not be captured solely in the financial ratings. Overall, the Community Foundation of Quincy appears to be a trustworthy nonprofit with sound financial practices and a solid governance structure.


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

Is Community Foundation Of The Quincy legitimate?

Community Foundation Of The Quincy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of The Quincy 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: $152,001
Professional Fundraising Fees: $0
Other Salaries and Wages: $155,790

For more financial information, click here


Official website here: www.mycommunityfoundation.org

What is the mission statement of Community Foundation Of The Quincy?

The Community Foundation of The Quincy serves as a bridge connecting individuals with charitable causes, catering to various donor interests and giving capacities. Acting as a resource and catalyst for charitable activities, the foundation's primary function involves administering funds exclusively for charitable purposes. This typically involves the distribution of grants to local charities, benefiting a 12-county area in west-central Illinois and northeast Missouri. The foundation's mission is to address changing community needs, thereby responding to societal demands in a proactive manner.


Official website here: www.mycommunityfoundation.org

Who is the CEO of Community Foundation Of The Quincy?

Lance Grady is the Ceo of Community Foundation Of The Quincy. The CEO's salary of Community Foundation Of The Quincy is $88,496 and their total compensation is $88,496.


Official website here: www.mycommunityfoundation.org

What is the revenue of Community Foundation Of The Quincy?

Community Foundation Of The Quincy's revenue in 2022 was $3,288,821.


Official website here: www.mycommunityfoundation.org

Who are the executives of Community Foundation Of The Quincy and what are their salaries?

The average compensation at Community Foundation Of The Quincy during 2022 was $43,970. There are 7 employees and 55 volunteers at Community Foundation Of The Quincy.


Here are 18 key members and their salaries (Community Foundation Of The Quincy's CEO's salary is $88,496 and their total compensation is $88,496):


Catherine B Meckes (Ceo)
  • Compensation: $88,496
  • Related: $0
  • Other: $0
Jonathan O'Neal (Cfo)
  • Compensation: $63,506
  • Related: $0
  • Other: $0
Pat Benson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Durall (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chelsea Fellinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Grady (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Graham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hansen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hetzler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Lehenbauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Moon (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Nation (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Niederhauser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyle Paben (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Palmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kamryn Schrepfer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Shepard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Spear (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mycommunityfoundation.org

Where can I find the form 990 for Community Foundation Of The Quincy?

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


Official website here: www.mycommunityfoundation.org

Learn more at the official website: www.mycommunityfoundation.org

Mission Statement of Community Foundation Of The Quincy

The Community Foundation of The Quincy serves as a bridge connecting individuals who are passionate about making a difference with causes that resonate with them. With a wide range of giving capabilities, this community foundation acts as a resource and catalyst, fostering charitable activities within a 12-county area spanning west-central Illinois and northeast Missouri. Primarily, its mission focuses on administering funds exclusively for charitable purposes, primarily by distributing grants to local charities. By doing so, the Community Foundation of The Quincy aims to positively impact its community, responding to evolving needs and ensuring that donations contribute to worthwhile causes.

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Impact




October, 2024

The Community Foundation of Quincy plays a vital role in enhancing the social fabric of a 12-county region in West-Central Illinois and Northeast Missouri. By connecting individuals with shared interests to charitable causes, the foundation fosters a spirit of philanthropy that addresses diverse community needs. It serves as a resource for donors of varying abilities and interests, guiding them to meaningful giving opportunities.

Through its grant distribution efforts, the foundation supports local charities, amplifying the impact of charitable activities within the community. Moreover, the foundation works to enhance its endowment capabilities, ensuring sustainable funding for the future. By responding to shifting community dynamics and needs, the foundation acts as a catalyst for positive change, fostering collaboration and engagement among local entities dedicated to improving the quality of life for residents in the region.




This information is meant to be a general summary of Community Foundation Of The Quincy. 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
$3,288,821 (2022)
Expenses
$2,969,772 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $714,382
  • Gross Receipts: $8,995,713

Assets and Liabilities:

  • Total Assets: $58,057,640
  • Total Liabilities: $1,689,759
  • Net Assets: $56,367,881

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Organization Details

Founding Year

1997

Principal Officer

Lance Grady

Main Address

4531 MAINE STREET A, QUINCY, IL, 62305

NTEE Category

Code: T31 - Philanthropy

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