Overview
What is Shiawassee Community Foundation Inc?
Shiawassee Community Foundation Inc, based in Owosso, Michigan, is a 501(c)3 nonprofit organization committed to improving the lives of local residents. Their primary mission is to gather and manage funds for religious, charitable, literary, and educational purposes, with the ultimate goal of enhancing the well-being of Michigan's residents. They achieve this by issuing grants and scholarships, contributing to various initiatives that align with their mission statement. The organization, with a workforce of six dedicated individuals, is situated at 217 N Washington Street Suite 104. Their activities aim to uplift their community, focusing on the betterment of Michigan's residents as a whole.
Official website here: www.shiawasseecommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Shiawassee Community Foundation Inc has achieved an impressive 96% rating on Charity Navigator, reflecting a strong emphasis on accountability and finance. This high score indicates that the organization effectively manages its resources and maintains transparency in its operations, which is crucial for building trust with donors and the community it serves.
The foundation demonstrates exceptional governance, with a fully independent board of directors and comprehensive policies in place, including conflict of interest and whistleblower protections. These practices contribute to a robust financial oversight environment, as evidenced by their perfect scores in audit and oversight as well as the absence of asset diversion. Additionally, their program expense ratio of 80.37% shows a commitment to investing the majority of their resources directly into programs that benefit the community.
While the overall data presents a positive picture of the Shiawassee Community Foundation, it is essential for potential donors to consider ongoing performance and impact metrics. As with any nonprofit, continued monitoring of their effectiveness and community engagement will help ensure that they meet their goals and adapt to changing needs.
This AI summary has been generated from information found on Charity Navigator.
Is Shiawassee Community Foundation Inc legitimate?
Shiawassee Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shiawassee Community Foundation Inc 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: $63,655
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,635
For more financial information, click here
Official website here: www.shiawasseecommunityfoundation.org
What is the mission statement of Shiawassee Community Foundation Inc?
The Shiawassee Community Foundation Inc's mission is centered around soliciting, collecting, and administering funds for religious, charitable, literary, and educational purposes, as permitted by Section 501(C)3 of the IRS. This is done with the aim of promoting and enhancing the well-being of Michigan's residents. The foundation achieves this goal by issuing grants and scholarships.
Official website here: www.shiawasseecommunityfoundation.org
Who is the CEO of Shiawassee Community Foundation Inc?
Kimberly M Renwick is the Executive Di of Shiawassee Community Foundation Inc.
Official website here: www.shiawasseecommunityfoundation.org
What is the revenue of Shiawassee Community Foundation Inc?
Shiawassee Community Foundation Inc's revenue in 2023 was $649,512.
Official website here: www.shiawasseecommunityfoundation.org
Who are the executives of Shiawassee Community Foundation Inc and what are their salaries?
The average compensation at Shiawassee Community Foundation Inc during 2023 was $18,215. There are 6 employees and 30 volunteers at Shiawassee Community Foundation Inc.
Here are 13 key members and their salaries:
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Official website here: www.shiawasseecommunityfoundation.org
Where can I find the form 990 for Shiawassee Community Foundation Inc?
Shiawassee Community Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.shiawasseecommunityfoundation.org
Learn more at the official website: www.shiawasseecommunityfoundation.org
Mission Statement of Shiawassee Community Foundation Inc
Shiawassee Community Foundation Inc is an organization dedicated to soliciting, collecting, and administering funds for religious, charitable, literary, and educational purposes. Aligned with Section 501(C)3 of the IRS, this nonprofit's mission is to promote and enhance the well-being of the residents of Michigan. They achieve this by issuing grants and scholarships, focusing on initiatives that best serve the community's needs. By doing so, Shiawassee Community Foundation Inc plays a significant role in uplifting the local population, contributing to a more prosperous and flourishing community.
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Impact
July, 2024
Shiawassee Community Foundation Inc plays a crucial role in promoting and enhancing the well-being of Michigan residents through the issuance of grants and scholarships. By soliciting, collecting, receiving, and administering funds exclusively for religious, charitable, literary, and educational purposes, the organization positively impacts the community by supporting initiatives that improve the lives of individuals in the region. Through its philanthropic efforts, Shiawassee Community Foundation Inc contributes to the overall betterment of society by investing in programs and projects that address critical needs and foster growth and development within the community.
This information is meant to be a general summary of Shiawassee Community Foundation Inc. 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 2023.
- Investment Income: $471,162
- Gross Receipts: $2,066,412
Assets and Liabilities:
- Total Assets: $10,786,692
- Total Liabilities: $542,520
- Net Assets: $10,244,172
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Organization Details
Founding Year
1995
Phone
(989) 725-1093Principal Officer
Kimberly M Renwick
Main Address
217 N WASHINGTON STREET SUITE 104, OWOSSO, MI, 48867
NTEE Category
Code: T31 - Philanthropy
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