Overview
What is Gratiot County Community Foundation?
Gratiot County Community Foundation is a charitable organization situated in Ithaca, Michigan, specifically at 168 E Center St. Their primary mission is to channel and utilize donated resources for benevolent purposes, predominantly to support Gratiot County's residents and establishments. This nonprofit primarily focuses on community projects and programs in the fields of education, health, human services, arts, culture, and community service. With a team of four dedicated individuals, they are committed to fostering positive change and development within their local community.
Official website here: www.gratiotfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Gratiot County Community Foundation has achieved a strong rating of 92%, reflecting a high level of accountability and financial health. This score is derived entirely from their performance in the Accountability & Finance category, where they excelled in aspects like board independence and financial oversight. Their board is entirely comprised of independent members, which enhances their governance structure and fosters transparency.
User feedback highlights a commitment to community service, with volunteers actively seeking assistance for local residents in need. One review points out a specific case where a community member required support for home repairs due to health issues, indicating the foundation's engagement with community challenges. However, the lack of a whistleblower policy was noted as a limitation in their governance practices.
Overall, the Gratiot County Community Foundation demonstrates a strong commitment to financial integrity and community support, with room for improvement in certain governance policies. Its strong program expense ratio suggests that a significant portion of its resources is directed towards fulfilling its mission in the community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Gratiot County Community Foundation legitimate?
Gratiot County Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gratiot County 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: $69,055
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,252
For more financial information, click here
Official website here: www.gratiotfoundation.org
What is the mission statement of Gratiot County Community Foundation?
The Gratiot County Community Foundation's mission is centered around receiving and utilizing property for charitable purposes. The primary focus of these efforts is to benefit the residents and institutions of Gratiot County. The foundation's activities primarily involve awarding grants and scholarships to support community projects and programs in various sectors such as education, health, human services, arts, culture, and community service.
Official website here: www.gratiotfoundation.org
Who is the CEO of Gratiot County Community Foundation?
Jim Wheeler is the Director of Gratiot County Community Foundation.
Official website here: www.gratiotfoundation.org
What is the revenue of Gratiot County Community Foundation?
Gratiot County Community Foundation's revenue in 2022 was $1,181,707.
Official website here: www.gratiotfoundation.org
Who are the executives of Gratiot County Community Foundation and what are their salaries?
The average compensation at Gratiot County Community Foundation during 2022 was $35,827. There are 4 employees and 19 volunteers at Gratiot County Community Foundation.
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Official website here: www.gratiotfoundation.org
Where can I find the form 990 for Gratiot County Community Foundation?
Gratiot County Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gratiotfoundation.org
Learn more at the official website: www.gratiotfoundation.org
Mission Statement of Gratiot County Community Foundation
The Gratiot County Community Foundation is dedicated to receiving and accepting property for charitable purposes, primarily benefiting the residents and institutions of Gratiot County. In essence, its mission is to utilize these resources for noble causes, focusing on the well-being of the local community.
This nonprofit organization is particularly renowned for granting and awarding funds to various community projects and programs. These initiatives span across several sectors, including education, health, human services, arts, culture, and community service. By providing financial support to these areas, Gratiot County Community Foundation contributes to the overall development and improvement of the community it serves.
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Impact
July, 2024
The Gratiot County Community Foundation's impact is significant in supporting the residents and institutions of Gratiot County through grants and scholarships awarded for community projects and programs in various fields such as education, health, human services, arts, culture, and community service. By providing financial assistance and resources, the foundation plays a vital role in enhancing the quality of life for individuals and organizations within the county. Additionally, its philanthropic efforts contribute to the overall growth and development of the community, fostering a spirit of giving and collaboration among local stakeholders.
This information is meant to be a general summary of Gratiot County 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: $651,034
- Program Service Revenue: $13,051
- Gross Receipts: $1,866,716
Assets and Liabilities:
- Total Assets: $15,134,170
- Total Liabilities: $994,186
- Net Assets: $14,139,984
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$13,051
Organization Details
Founding Year
1992
Phone
(989) 875-4222Principal Officer
Jim Wheeler
Main Address
168 E CENTER ST, ITHACA, MI, 48847
Website
www.gratiotfoundation.orgNTEE Category
Code: T31 - Philanthropy
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