Overview
What is Muskegon Lakeshore Chamber Of Commerce Foundation?
The Muskegon Lakeshore Chamber of Commerce Foundation is a charitable organization based in Muskegon, Michigan. Its primary goal is to positively impact the local community and its surrounding areas through various initiatives. The foundation focuses on marketing, education, and beautification, working towards enhancing the overall perception of the Muskegon area. By promoting social welfare, bringing the community together, and combating neighborhood deterioration, the foundation seeks to motivate investments in the community. Additionally, the organization supports educational programs on community development, emphasizing the role of individuals in their community's development. These efforts aim to create a more inviting and thriving environment for everyone in the Muskegon area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating.
The Muskegon Lakeshore Chamber Of Commerce Foundation has received a Two-Star rating from Charity Navigator, indicating some areas of strength but also significant challenges in governance and transparency. The organization boasts a fully independent board and strong program expenses, achieving a perfect score in both categories. This suggests a commitment to its mission and effective allocation of resources towards programs.
However, the foundation has notable weaknesses in its accountability practices. It lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which raises concerns about its governance framework. Additionally, the absence of the tax form on its website might impede transparency for stakeholders and donors.
Overall, while the Muskegon Lakeshore Chamber Of Commerce Foundation demonstrates effective program delivery and has a well-composed board, its shortcomings in crucial governance policies could affect its overall effectiveness and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Muskegon Lakeshore Chamber Of Commerce Foundation legitimate?
Muskegon Lakeshore Chamber Of Commerce Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Muskegon Lakeshore Chamber Of Commerce 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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What is the mission statement of Muskegon Lakeshore Chamber Of Commerce Foundation?
The Muskegon Lakeshore Chamber of Commerce Foundation is dedicated to promoting social welfare and fostering a sense of community. Their mission is to unite the community as a whole and combat neighborhood deterioration by providing incentives for investment. In addition, they support educational programs on community development and the role of individuals in their community's development. The foundation also carries out initiatives aimed at enhancing the local and regional perception of the area, focusing on marketing, education, and beautification efforts.
Who is the CEO of Muskegon Lakeshore Chamber Of Commerce Foundation?
Cindy Larsen is the Director of Muskegon Lakeshore Chamber Of Commerce Foundation.
What is the revenue of Muskegon Lakeshore Chamber Of Commerce Foundation?
Muskegon Lakeshore Chamber Of Commerce Foundation's revenue in 2022 was $179,468.
Who are the executives of Muskegon Lakeshore Chamber Of Commerce Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Muskegon Lakeshore Chamber Of Commerce Foundation?
Muskegon Lakeshore Chamber Of Commerce Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Muskegon Lakeshore Chamber Of Commerce Foundation
The Muskegon Lakeshore Chamber of Commerce Foundation, a non-profit organization, strives to promote social welfare and bring the community together. Its mission is multifaceted, aimed at enhancing the community as a whole and combating neighborhood deterioration by creating incentives for community investment.
In addition to this, the Foundation supports educational programs that focus on community development and the role individuals play in the development of their community. By doing so, it encourages the growth and betterment of the community.
Another significant aspect of the Foundation's mission is an image campaign, which focuses on marketing, education, and beautification. This initiative is designed to improve the local and regional perception of the Muskegon area, ultimately fostering a more positive and inviting image for the community.
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Impact
June, 2024
Muskegon Lakeshore Chamber Of Commerce Foundation's impact is centered around promoting social welfare, bringing the community together, and combatting neighborhood deterioration by creating incentives to invest in the community. Additionally, the foundation supports educational programs on community development and the role of individuals in shaping their community. Through initiatives like their image campaign, which focuses on enhancing the local and regional perception of the Muskegon area through marketing, education, and beautification efforts, the foundation plays a crucial role in boosting the overall well-being and economic vitality of the community.
This information is meant to be a general summary of Muskegon Lakeshore Chamber Of Commerce 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: $12
- Program Service Revenue: $46,876
- Gross Receipts: $246,861
Assets and Liabilities:
- Total Assets: $909,300
- Total Liabilities: $505,895
- Net Assets: $403,405
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT INCOME
Revenue
$46,876
Organization Details
Founding Year
2001
Phone
(231) 722-3751Principal Officer
Cindy Larsen
Main Address
380 W WESTERN AVE SUITE 202, MUSKEGON, MI, 49440
NTEE Category
Code: C50 - Environment
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