Overview
What is Hortense Flanagan Memorial Scholarship C/O First Bank Of Upper Michigan?
The Hortense Flanagan Memorial Scholarship, administered by First Bank of Upper Michigan, is a charitable organization dedicated to granting educational funds. Specifically, they offer college scholarships to graduating seniors from Iron Mountain Public School. Based in Marquette, Michigan, this nonprofit organization is focused solely on this philanthropic activity, providing financial aid to support higher education for deserving students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Overall score: 67%, earning a Two-Star out of Four Star rating.
The Hortense Flanagan Memorial Scholarship has received a rating of "Needs Improvement" from Charity Navigator, reflecting a score of 67%. While the organization demonstrates strong governance with 100% independent board members and no material diversion of assets, it faces significant shortcomings in several key accountability and transparency areas.
Notably, the charity lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, which have negatively impacted its overall rating. Additionally, their website is not listed on the tax form, which detracts from accessibility and transparency for potential donors and stakeholders. While the program expense ratio indicates a commitment to its mission, the absence of critical governance documents raises concerns regarding operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Hortense Flanagan Memorial Scholarship C/O First Bank Of Upper Michigan legitimate?
Hortense Flanagan Memorial Scholarship C/O First Bank Of Upper Michigan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hortense Flanagan Memorial Scholarship C/O First Bank Of Upper Michigan 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 Hortense Flanagan Memorial Scholarship C/O First Bank Of Upper Michigan?
The Hortense Flanagan Memorial Scholarship, managed by First Bank of Upper Michigan, has a singular mission. This mission is centered around granting college scholarships to graduating seniors from Iron Mountain Public School. The organization's only activity is dedicated to this purpose, aiming to support the educational aspirations of these seniors.
Who is the CEO of Hortense Flanagan Memorial Scholarship C/O First Bank Of Upper Michigan?
Jerry Sardina is the Trustee of Hortense Flanagan Memorial Scholarship C/O First Bank Of Upper Michigan.
What is the revenue of Hortense Flanagan Memorial Scholarship C/O First Bank Of Upper Michigan?
Hortense Flanagan Memorial Scholarship C/O First Bank Of Upper Michigan's revenue in 2022 was $3,378.
Who are the executives of Hortense Flanagan Memorial Scholarship C/O First Bank Of Upper Michigan and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Hortense Flanagan Memorial Scholarship C/O First Bank Of Upper Michigan?
Hortense Flanagan Memorial Scholarship C/O First Bank Of Upper Michigan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hortense Flanagan Memorial Scholarship C/O First Bank Of Upper Michigan
The Hortense Flanagan Memorial Scholarship, administered by First Bank Of Upper Michigan, is committed to granting college scholarships to graduating seniors from Iron Mountain Public School. This nonprofit organization's sole mission is to support the educational aspirations of young individuals, providing them with the financial assistance necessary to pursue higher education. By offering these scholarships, the Hortense Flanagan Memorial Scholarship aims to contribute to the personal and professional development of these students, ultimately fostering a more educated and prosperous community. The organization's activities are solely focused on this noble cause, providing a valuable opportunity for deserving students to further their education and reach their full potential.
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Impact
October, 2024
The Hortense Flanagan Memorial Scholarship C/O First Bank Of Upper Michigan plays a vital role in fostering educational opportunities for graduating seniors of Iron Mountain Public School. By providing college scholarships, it alleviates the financial burdens associated with higher education, enabling students to pursue their academic and career aspirations. This support not only enhances individual futures but also contributes to the community by nurturing a more educated workforce. The scholarship empowers students to access resources and experiences that may have otherwise been out of reach, ultimately fostering a culture of education and achievement in the region.
This information is meant to be a general summary of Hortense Flanagan Memorial Scholarship C/O First Bank Of Upper Michigan. 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: $3,378
- Gross Receipts: $86,114
Assets and Liabilities:
- Total Assets: $157,361
- Total Liabilities: $0
- Net Assets: $157,361
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Organization Details
Founding Year
1960
Phone
(906) 228-6088Principal Officer
Jerry Sardina
Main Address
1502 W WASHINGTON ST, MARQUETTE, MI, 49855
NTEE Category
Code: B82Z - Education
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