Overview
What is M & M Area Community Foundation?
The M & M Area Community Foundation is a nonprofit organization situated in Menominee, Michigan. With a team of three dedicated individuals, its primary mission is to inspire and facilitate the creation of lasting legacies that enrich their community. They achieve this by assisting donors in achieving their charitable objectives, streamlining the giving process, and fostering collaborative partnerships with local agencies and constituents. The foundation supports various sectors, including arts and culture, education, health, environment, and animals, human services, public benefit, religion, sports, science, research and technology, and scholarships for individuals. Their activities encompass grant-making to charitable organizations in these areas, aiming to positively impact the local community and its members.
Official website here: www.mmcommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
The M & M Area Community Foundation has received a strong rating of 94% from Charity Navigator, reflecting its solid performance in both Accountability & Finance and Culture & Community. With a remarkable Accountability & Finance score of 96, the organization demonstrates effective financial management and a commitment to transparency. The high Program Expense Ratio of 92.01% indicates that a significant portion of its funds directly supports its programs.
User feedback showcases an impressive Constituent Feedback score of 100, highlighting the organization's strong engagement with its community. The feedback collection and usage also received perfect scores, suggesting that the foundation takes community input seriously and integrates it into its practices effectively. While the foundation's Equity Strategies Score is moderately lower at 77, this indicates there might be areas for improvement in equity-focused initiatives.
Overall, the M & M Area Community Foundation stands out for its financial health and strong community ties, making it a reliable choice for potential donors and supporters. However, addressing equity strategies could enhance its impact further within the community.
This AI summary has been generated from information found on Charity Navigator.
Is M & M Area Community Foundation legitimate?
M & M Area Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. M & M 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: $91,874
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,653
For more financial information, click here
Official website here: www.mmcommunityfoundation.org
What is the mission statement of M & M Area Community Foundation?
The M&M Area Community Foundation's mission is to inspire and facilitate the creation of lasting legacies that enrich communities. They are dedicated to making the process of charitable giving easier and more efficient for donors, enabling them to achieve their philanthropic goals. The foundation supports various charitable organizations in areas such as arts and culture, education, health, environment and animals, human services, public benefit, religion, sports, science, research and technology, and scholarships for individuals. They actively partner with agencies and constituencies to serve their community and its members.
Official website here: www.mmcommunityfoundation.org
Who is the CEO of M & M Area Community Foundation?
Jackie Kamps is the Executive Di of M & M Area Community Foundation.
Official website here: www.mmcommunityfoundation.org
What is the revenue of M & M Area Community Foundation?
M & M Area Community Foundation's revenue in 2022 was $1,935,940.
Official website here: www.mmcommunityfoundation.org
Who are the executives of M & M Area Community Foundation and what are their salaries?
The average compensation at M & M Area Community Foundation during 2022 was $49,176. There are 3 employees and 79 volunteers at M & M Area Community Foundation.
Here are 17 key members and their salaries:
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Official website here: www.mmcommunityfoundation.org
Where can I find the form 990 for M & M Area Community Foundation?
M & M Area Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mmcommunityfoundation.org
Learn more at the official website: www.mmcommunityfoundation.org
Mission Statement of M & M Area Community Foundation
The M&M Area Community Foundation, in its mission, is dedicated to inspiring and facilitating the creation of lasting legacies that enhance the well-being of their communities. This nonprofit organization is committed to assisting donors in achieving their charitable objectives by simplifying and maximizing the giving process. Through strategic grantmaking, M&M Area Community Foundation supports a wide range of causes, including arts and culture, education, health, environment, animals, human services, public benefit, religion, sports, science, research, and technology, as well as scholarships for individuals. By actively collaborating with local agencies and constituencies, this foundation strives to contribute to the betterment of its community and its members.
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Impact
July, 2024
The M & M Area Community Foundation's impact is substantial in enriching our communities by providing grants to charitable organizations in various sectors such as arts and culture, education, health, environment and animals, human services, public benefit, religion, sports, science, research, and technology. Additionally, they offer scholarships to individuals, contributing to the growth and development of aspiring students. The Foundation actively partners with agencies and constituencies to serve the community and its members, making the process of giving easier and more efficient for donors, thus leaving lasting legacies that benefit society.
This information is meant to be a general summary of M & M 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: $266,832
- Program Service Revenue: $168,885
- Gross Receipts: $1,935,940
Assets and Liabilities:
- Total Assets: $12,324,397
- Total Liabilities: $681,277
- Net Assets: $11,643,120
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEE REVENUE
Revenue
$168,885
Organization Details
Founding Year
1994
Phone
(906) 864-3599Principal Officer
Jackie Kamps
Main Address
1110 10TH AVENUE RM/STE L-1, MENOMINEE, MI, 49858
NTEE Category
Code: T31 - Philanthropy
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