Overview
What is Huron County Community Foundation?
The Huron County Community Foundation is a nonprofit organization, situated in Bad Axe, Michigan. Established with a mission to enhance the well-being of the local community, they primarily focus on distributing grants to charitable, scientific, literary, and educational institutions. Their primary function involves receiving and managing funds for the betterment of Huron County's residents. With a small workforce of one dedicated individual, they strive to contribute positively to the county's public welfare.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating
The Huron County Community Foundation has achieved a score of 83%, which reflects its commitment to accountability and financial transparency. The foundation's strong governance structure is highlighted by having a fully independent board, with 14 members, and excellent scores in several areas, including financial audits and conflict-of-interest policies. These elements contribute positively to their overall accountability score.
However, the foundation's program expense ratio of 59.38% indicates that a significant portion of its expenses is not directly allocated to programs, which may be a concern for some donors regarding the impact of their contributions. While the organization shows a solid commitment to financial integrity, the relatively low score in program expenses suggests room for improvement in how it allocates its resources towards fulfilling its mission.
Overall, the Huron County Community Foundation demonstrates a strong foundation in governance and financial management, which is crucial for maintaining donor trust. However, enhancing the efficiency of program funding could further strengthen its position and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Huron County Community Foundation legitimate?
Huron County Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Huron 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,496
For more financial information, click here
What is the mission statement of Huron County Community Foundation?
The Huron County Community Foundation's mission revolves around receiving and managing funds, with the primary objective of benefiting the public welfare of the community's residents. They accomplish this by granting funds to a variety of charitable, scientific, literary, and educational organizations, thereby contributing to the betterment of the community in various aspects.
Who is the CEO of Huron County Community Foundation?
Mackenzie Price is the Executive Director of Huron County Community Foundation.
What is the revenue of Huron County Community Foundation?
Huron County Community Foundation's revenue in 2022 was $522,991.
Who are the executives of Huron County Community Foundation and what are their salaries?
The average compensation at Huron County Community Foundation during 2022 was $75,496. There is 1 employee at Huron County Community Foundation.
Here are 14 key members and their salaries:
- Compensation: $62,560
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- Other: $0
Where can I find the form 990 for Huron County Community Foundation?
Huron County Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Huron County Community Foundation
The Huron County Community Foundation, as per its mission, is dedicated to collecting and managing funds for the betterment of the community's residents. This nonprofit organization's primary objective is to contribute financially to charitable, scientific, literary, and educational initiatives within the public domain. By doing so, the Huron County Community Foundation plays a vital role in fostering growth and development in various sectors, ultimately benefiting the local populace.
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Impact
July, 2024
Huron County Community Foundation's impact can be seen in the positive changes and support it brings to the people of Huron County, Michigan. By receiving and administering funds for public welfare, the foundation plays a crucial role in enhancing the community's well-being. Through the grants provided to various charitable, scientific, literary, and educational organizations, the foundation enables these entities to make a tangible difference in the lives of the county's residents. This support contributes to the overall growth and development of Huron County, making it a better place for all its inhabitants.
This information is meant to be a general summary of Huron 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.
- Gross Receipts: $522,991
Assets and Liabilities:
- Total Assets: $6,443,378
- Total Liabilities: $1,082,405
- Net Assets: $5,360,973
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Organization Details
Founding Year
1997
Principal Officer
Mackenzie Price
Main Address
PO Box 56, Bad Axe, MI, 48413
NTEE Category
Code: T31 - Philanthropy
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