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Community Foundation Of Monroe County

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

EIN: 382236628 ✦ Monroe, MI ✦ Designated as a 501(c)(3)

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Overview

What is Community Foundation Of Monroe County?

Community Foundation of Monroe County is a nonprofit organization situated in Monroe, Michigan. With a team of three dedicated individuals, their primary mission is to provide scholarship opportunities, fostering education advancement within the community. They are committed to upholding values such as stewardship, local impact, community partnership, inclusion, and legacy, ensuring their efforts result in a prosperous future for all residents, where everyone has an opportunity to thrive.


Official website here: www.cfmonroe.org

Is Community Foundation Of Monroe County legitimate?

Community Foundation Of Monroe County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Monroe 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $191,125

For more financial information, click here


Official website here: www.cfmonroe.org

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

The Community Foundation of Monroe County is committed to creating a better future for all, ensuring everyone has the opportunity to thrive. They strive to fulfill this mission by upholding five core values: stewardship, local impact, community partnership, inclusion, and legacy. Through their activities, they provide scholarship opportunities for individuals to further their education, contributing significantly to the community's development.


Official website here: www.cfmonroe.org

What is the revenue of Community Foundation Of Monroe County?

Community Foundation Of Monroe County's revenue in 2024 was $2,465,179.


Official website here: www.cfmonroe.org

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

The average compensation at Community Foundation Of Monroe County during 2024 was $63,708. There are 3 employees and 10 volunteers at Community Foundation Of Monroe County.

Here are 17 key members and their salaries:


Barry Buschmann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Margaret Gaffney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Harwood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Kenny (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Kinsey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Mccoy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adelaide Pascaris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Peacock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Schultz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Shultz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Uhl (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Zagorski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Zangara (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Dushane (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Masserant (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Thompson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Vanisacker (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cfmonroe.org

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

Community Foundation Of Monroe County's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.cfmonroe.org

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

Mission Statement of Community Foundation Of Monroe County

The Community Foundation of Monroe County is dedicated to creating a better future for its community, where everyone has the opportunity to thrive. This nonprofit organization upholds five key values in its mission: stewardship, local impact, community partnership, inclusion, and legacy. By adhering to these values, the Community Foundation of Monroe County aims to successfully fulfill its mission.

The foundation's primary focus is on providing scholarship opportunities for individuals. This initiative allows individuals to further their education, which is a crucial step towards personal growth and development. The scholarship program is a testament to the organization's commitment to fostering a community where everyone has equal opportunities to succeed. By investing in education, the Community Foundation of Monroe County is contributing to a brighter future for its community members.

In addition to providing educational scholarships, the foundation also demonstrates its commitment to its values through various activities. Its work is guided by stewardship, ensuring that the organization's resources are managed responsibly and effectively. The focus on local impact means that the foundation prioritizes initiatives that directly benefit its community. The value of community partnership is reflected in the organization's collaborations with other local organizations to achieve shared goals.

The inclusion value is reflected in the foundation's efforts to make its opportunities and resources accessible to everyone, regardless of their background or circumstances. Lastly, the legacy value ensures that the foundation's work and impact will continue to benefit future generations. By upholding these values, the Community Foundation of Monroe County is making a significant contribution to its community, helping to create a better future where everyone has an opportunity to thrive.

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Impact




October, 2024

Community Foundation of Monroe County plays a vital role in enhancing the well-being and future opportunities of individuals in the Monroe, MI area. By providing scholarship opportunities, the foundation empowers individuals to further their education, which can significantly impact their personal and professional development.

With a strong commitment to stewardship and local impact, the foundation collaborates with community partners to address the needs of the community effectively. Its values of inclusion and legacy ensure that diverse voices are heard and that the benefits of their initiatives are sustainable for future generations. Through these efforts, the foundation is investing in a better future where everyone has the chance to thrive.




This information is meant to be a general summary of Community Foundation Of Monroe 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
$2,465,179 (2024)
Expenses
$1,054,972 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $421,814
  • Gross Receipts: $5,875,456

Assets and Liabilities:

  • Total Assets: $13,941,620
  • Total Liabilities: $765,415
  • Net Assets: $13,176,205

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Organization Details

Founding Year

1976

Principal Officer

Kathleen Russeau

NTEE Category

Code: T31 - Philanthropy

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