Overview
What is Northville Community Foundation?
The Northville Community Foundation is a charitable organization, situated in Northville, Michigan. Its primary mission is to contribute to the enrichment and betterment of the local community by supporting educational programs, arts, cultural events, and historical preservation. The foundation is recognized as a tax-exempt entity, capable of managing and administering funds from various individual and corporate donors. Besides this, at the request of the state of Michigan, the foundation has taken over the operations and rebuilding of Maybury Farm, further expanding its role in the community. The Northville Community Foundation's activities are diverse, aiming to improve various aspects of community life.
Official website here: www.northvillecommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
The Northville Community Foundation has received an 81% score, classified as a Three-Star rating, reflecting strong accountability and financial management practices. The overall score is derived entirely from their Accountability & Finance metrics, indicating a focused transparency in their operations. This rating highlights their effective governance structure, with 85% of board members being independent, which is a positive sign for stakeholder confidence.
The foundation demonstrates a high level of financial responsibility, evidenced by their program expense ratio of 86.61%, meaning a significant portion of their expenses is directed toward their programs. They maintain strict policies on conflicts of interest, whistleblowing, and document retention, further reinforcing their commitment to ethical management and accountability. The absence of any material diversion of assets indicates a strong ethical framework in handling their resources.
While the organization shows commendable financial practices, the rating is solely based on accountability and finance, without assessing program impact or community engagement. Future evaluations could benefit from a broader examination of their effectiveness in fulfilling their mission and the outcomes of their initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Northville Community Foundation legitimate?
Northville Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northville 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: $61,361
Professional Fundraising Fees: $0
Other Salaries and Wages: $290,521
For more financial information, click here
Official website here: www.northvillecommunityfoundation.org
What is the mission statement of Northville Community Foundation?
The Northville Community Foundation's mission is centered around enhancing and enriching the community's quality of life. In addition to its primary role, at the request of the State of Michigan, the foundation has taken over the operations and rebuilding of Maybury Farm. As a tax-exempt charitable organization, the foundation is authorized to manage endowments and other funds from individuals, businesses, professionals, and corporate sponsors. These resources are utilized to contribute positively to the community's well-being.
Official website here: www.northvillecommunityfoundation.org
Who is the CEO of Northville Community Foundation?
Andrea Daniels Hacker is the Chairperson of Northville Community Foundation.
Official website here: www.northvillecommunityfoundation.org
What is the revenue of Northville Community Foundation?
Northville Community Foundation's revenue in 2022 was $537,075.
Official website here: www.northvillecommunityfoundation.org
Who are the executives of Northville Community Foundation and what are their salaries?
The average compensation at Northville Community Foundation during 2022 was $7,997. There are 44 employees and 66 volunteers at Northville Community Foundation.
Here are 9 key members and their salaries:
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- Compensation: $61,361
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Official website here: www.northvillecommunityfoundation.org
Where can I find the form 990 for Northville Community Foundation?
Northville Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.northvillecommunityfoundation.org
Learn more at the official website: www.northvillecommunityfoundation.org
Mission Statement of Northville Community Foundation
The Northville Community Foundation, as a charitable organization, is committed to enhancing and enriching life within the community. In addition to its primary role, the Foundation, at the request of the State of Michigan, has taken on the operations and rebuilding of Maybury Farm. This tax-exempt organization accepts and manages endowments and other funds from various sources, including individuals, businesses, professionals, and corporate sponsors, all with the aim of improving the community's well-being.
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Impact
July, 2024
The Northville Community Foundation positively impacts the community by enhancing and enriching life through various programs and initiatives. They promote community educational programs, arts, music, cultural events, and historical preservation within Northville. Additionally, the foundation has taken over operations and rebuilding of Maybury Farm as requested by the state of Michigan. Their work spans philanthropy, educational support, cultural enrichment, and historical preservation, all contributing to the overall well-being and vibrancy of the Northville community.
This information is meant to be a general summary of Northville 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: $9,619
- Program Service Revenue: $183,284
- Gross Receipts: $672,551
Assets and Liabilities:
- Total Assets: $510,433
- Total Liabilities: $7,769
- Net Assets: $502,664
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAYBURY FARM-WELCOME C
Revenue
$136,749
MAYBURY FARM-TOURS/SAL
Revenue
$46,535
Organization Details
Founding Year
1997
Phone
(248) 374-0200Principal Officer
Andrea Daniels Hacker
Main Address
PO BOX 560, NORTHVILLE, MI, 48167
NTEE Category
Code: T30 - Philanthropy
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