Overview
What is Lake Superior Community Ptnrshp Foundation?
The Lake Superior Community Partnership Foundation, located in Marquette, Michigan, is a nonprofit organization that prioritizes education, economic development, and cultural enrichment in the Upper Peninsula. They actively participate in the Midwest Skills Development Center (MSDC), an initiative that equips students with skills to install, maintain, and operate electrical systems for residential and industrial consumers. Furthermore, the foundation supports workforce development by providing grants and manages the City of Marquette's firework festivities. Additionally, they offer scholarships to entities promoting similar causes.
Official website here: www.lscpfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star Rating
The Lake Superior Community Partnership Foundation holds a solid Three-Star rating from Charity Navigator, signifying a good level of accountability and financial health. The foundation's score is derived entirely from its Accountability & Finance metrics, demonstrating a strong commitment to responsible management of its resources.
Notable strengths of the organization include having a fully independent board, with all 10 members meeting the criteria for independence. The foundation has also shown no material diversion of assets, which indicates a high level of transparency. With a program expense ratio of 88.79%, the majority of its spending is directed toward its charitable programs, reflecting effective use of funds.
While the foundation received high marks in various accountability areas, it is essential to consider that the overall score is based solely on financial metrics. Therefore, while the financial operations appear sound, potential donors may want to explore additional aspects of the foundation's impact and program effectiveness beyond the financial data presented.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Superior Community Ptnrshp Foundation legitimate?
Lake Superior Community Ptnrshp Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Superior Community Ptnrshp 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:
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For more financial information, click here
Official website here: www.lscpfoundation.org
What is the mission statement of Lake Superior Community Ptnrshp Foundation?
The Lake Superior Community Partnership Foundation's mission is centered around promoting and advancing education, economic, and workforce development, as well as cultural and recreational activities. It achieves this through its partnership with the Midwest Skills Development Center (MSDC), a program that equips students to install, maintain, and operate electrical systems for residential and industrial customers. The organization also administers the City of Marquette's firework festivities and distributes scholarships to entities that share its objectives in economic and workforce development. It further supports its mission by collecting donations to fund these endeavors.
Official website here: www.lscpfoundation.org
Who is the CEO of Lake Superior Community Ptnrshp Foundation?
Christopher Germain is the President of Lake Superior Community Ptnrshp Foundation.
Official website here: www.lscpfoundation.org
What is the revenue of Lake Superior Community Ptnrshp Foundation?
Lake Superior Community Ptnrshp Foundation's revenue in 2022 was $41,877.
Official website here: www.lscpfoundation.org
Who are the executives of Lake Superior Community Ptnrshp Foundation and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.lscpfoundation.org
Where can I find the form 990 for Lake Superior Community Ptnrshp Foundation?
Lake Superior Community Ptnrshp Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lscpfoundation.org
Learn more at the official website: www.lscpfoundation.org
Mission Statement of Lake Superior Community Ptnrshp Foundation
Lake Superior Community Partnership Foundation is dedicated to promoting and advancing various aspects in the Upper Peninsula of Michigan. This nonprofit organization plays a significant role in fostering education, workforce development, and cultural and recreational activities. One of its notable collaborations is with the Midwest Skills Development Center (MSDC). This program aims to prepare students to install, maintain, and operate electrical systems, supplying energy to both residential and industrial customers.
In addition to its partnership with MSDC, Lake Superior Community Partnership Foundation is committed to economic and workforce development. It achieves this by partnering with entities that share its mission. The organization also takes responsibility for organizing the City of Marquette's firework festivities, adding a festive and celebratory touch to the community. Furthermore, Lake Superior Community Partnership Foundation supports education and workforce development by awarding scholarships to entities that align with its values. By doing so, it contributes to the overall growth and development of the community.
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Impact
August, 2024
Lake Superior Community Partnership Foundation plays a crucial role in promoting and advancing education, economic workforce development, cultural, and recreational activities in the Upper Peninsula of Michigan. As a partner in the Midwest Skills Development Center (MSDC), the organization contributes to preparing students for careers in installing, maintaining, and operating electrical systems. By administering grants through initiatives like the Chairmans Circle Grants, they support workforce and economic development in the region. Additionally, the organization plays a role in organizing the City of Marquette's firework festivities and collects donations to provide scholarships to entities furthering economic and workforce development. Their impact is significant in fostering employment opportunities and skill development in the community.
This information is meant to be a general summary of Lake Superior Community Ptnrshp 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: $24
- Gross Receipts: $41,877
Assets and Liabilities:
- Total Assets: $923,664
- Total Liabilities: $849,919
- Net Assets: $73,745
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Organization Details
Founding Year
2000
Phone
(906) 226-6591Principal Officer
Christopher Germain
Main Address
101 WEST WASHINGTON STREET STE 10, MARQUETTE, MI, 49855
Website
www.lscpfoundation.orgNTEE Category
Code: J22 - Employment
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