Overview
What is Ufcw Local 951 Foundation?
Ufcw Local 951 Foundation is a charitable organization, situated in Kentwood, Michigan. Its primary mission is to offer financial aid to community-based organizations, provide relief to UFCW Local 951 members experiencing hardships, and grant scholarships to the members and their families. The foundation's activities are centered around offering assistance to the community and supporting its affiliated union members in times of need, thereby contributing to the overall well-being of the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The UFCW Local 951 Foundation has received a Three-Star rating from Charity Navigator, reflecting an overall score of 80%. This rating indicates a strong focus on accountability and finance, which is critical for ensuring that the foundation operates effectively and ethically. The score is based entirely on the foundation's Accountability & Finance metrics, highlighting its commitment to transparency and responsible financial management.
Notable strengths of the foundation include a fully independent board with 10 out of 10 members, which enhances governance and decision-making processes. Additionally, the foundation has demonstrated a commendable program expense ratio of 97.70%, indicating that a significant portion of its expenses directly supports its mission. Other positive aspects include zero liabilities to assets and a robust document retention policy, showcasing its operational efficiency and adherence to best practices.
While the foundation's accountability and finance metrics are strong, no limitations have been reported, indicating a solid operational framework. Overall, the UFCW Local 951 Foundation appears to be a reliable organization committed to its mission and maintaining high standards of financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Ufcw Local 951 Foundation legitimate?
Ufcw Local 951 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ufcw Local 951 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: $0
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What is the mission statement of Ufcw Local 951 Foundation?
The Ufcw Local 951 Foundation's mission is centered around providing assistance. It aims to offer financial aid to community-based organizations, extend help during times of hardship to members of UFCW Local 951, and award scholarships to the family members of these union members. The organization's activities reflect its commitment to supporting the community and its members, providing them with the necessary resources to overcome challenges and achieve their educational goals.
Who is the CEO of Ufcw Local 951 Foundation?
John Cakmakci is the Director of Ufcw Local 951 Foundation.
What is the revenue of Ufcw Local 951 Foundation?
Ufcw Local 951 Foundation's revenue in 2023 was $484,164.
Who are the executives of Ufcw Local 951 Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Ufcw Local 951 Foundation?
Ufcw Local 951 Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ufcw Local 951 Foundation
Ufcw Local 951 Foundation is committed to providing assistance in various forms to serve its community. Its primary mission is threefold: firstly, it provides financial aid to community-based organizations. These organizations often work tirelessly to improve living conditions and provide essential services within their local communities. Secondly, the foundation extends a helping hand to Ufcw Local 951 members who may be facing hardships. These hardships could be due to various circumstances, and the foundation seeks to alleviate some of the burden by offering support. Lastly, Ufcw Local 951 Foundation awards scholarships to its members and their families. This initiative aims to invest in the future of its community by supporting the education of its youth and family members. By fulfilling these three purposes, Ufcw Local 951 Foundation plays an active role in uplifting and empowering its community.
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Impact
July, 2024
UFCW Local 951 Foundation has made a significant impact by providing financial assistance to community-based organizations, offering hardship assistance to UFCW Local 951 members, and awarding scholarships to members and their families. Their contributions have supported the local community, helped members in need, and facilitated educational opportunities for individuals affiliated with UFCW Local 951. This foundation's dedication to philanthropy underscores its commitment to making a positive difference in Kentwood, MI, and beyond.
This information is meant to be a general summary of Ufcw Local 951 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 2023.
- Investment Income: $754
- Gross Receipts: $506,768
Assets and Liabilities:
- Total Assets: $2,025,415
- Total Liabilities: $0
- Net Assets: $2,025,415
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Organization Details
Founding Year
1996
Phone
(616) 361-7683Principal Officer
John Cakmakci
Main Address
4045 60TH STREET SE, KENTWOOD, MI, 49512
NTEE Category
Code: T30 - Philanthropy
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