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Christ Pond Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391404339 ✦ West bend, WI ✦ Designated as a 501(c)(3)

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Overview

What is Christ Pond Foundation Inc?

Christ Pond Foundation Inc, situated in West Bend, Wisconsin, serves as a facilitator for various religious organizations. The nonprofit organization offers its premises for meetings and retreats, aiming to support the spiritual growth and gatherings of these religious groups. The foundation's primary mission is to provide a conducive environment for these organizations to strengthen their communities and foster deeper connections.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Christ Pond Foundation Inc has earned a Three-Star rating due to its overall score of 76%, which is primarily based on its accountability and finance metrics. The foundation demonstrates strong governance with 100% of its board members being independent, which reflects a commitment to transparency and effective oversight. The organization also shows a solid program expense ratio of 93.99%, indicating that a significant portion of its resources is directed towards its mission-related activities.

However, there are notable areas for improvement. The foundation lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could pose risks to organizational integrity and accountability. While there are no issues with asset diversion and the foundation's financial structure appears sound, addressing these policy gaps would enhance its governance framework and potentially improve its rating in the future.

Overall, while the Christ Pond Foundation Inc has strengths in independent governance and program spending, it will benefit from implementing key policies to strengthen its accountability practices.


This AI summary has been generated from information found on Charity Navigator.

Is Christ Pond Foundation Inc legitimate?

Christ Pond Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christ Pond Foundation Inc 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: $9,231
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Christ Pond Foundation Inc?

The Christ Pond Foundation Inc. serves as a facilitator, offering venues for a range of religious organizations to conduct meetings and retreats. This non-profit entity's primary mission is centered around providing these resources, with the aim of fostering spiritual gatherings and reflection opportunities for various faith communities.

Who is the CEO of Christ Pond Foundation Inc?

Joseph Sauer is the President of Christ Pond Foundation Inc.

What is the revenue of Christ Pond Foundation Inc?

Christ Pond Foundation Inc's revenue in 2022 was $46,990.

Who are the executives of Christ Pond Foundation Inc and what are their salaries?

There 25 volunteers at Christ Pond Foundation Inc.


Here are 8 key members and their salaries:


Joseph Sauer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Bowen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Goergen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Schweke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Sylke (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Bretl (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Short (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cherie Steuerwald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Christ Pond Foundation Inc?

Christ Pond Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Christ Pond Foundation Inc

Christ Pond Foundation Inc, as described, is an organization dedicated to providing suitable facilities for various religious groups to conduct meetings and retreats. It serves as a hub where these religious organizations can come together, engage in collective activities, and foster spiritual growth. The mission of Christ Pond Foundation Inc is to cater to the needs of these religious organizations, offering them a conducive environment for their religious gatherings and retreats.

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Impact




August, 2024

Christ Pond Foundation Inc provides valuable facilities for religious organizations to host meetings and retreats, enabling them to gather and strengthen their communities. By offering these spaces, the foundation supports the spiritual growth and development of these organizations, contributing to the well-being of their members and the broader religious community. Through its mission-focused work, Christ Pond Foundation Inc plays a significant role in fostering connections, deepening faith, and facilitating meaningful experiences for those involved in religious activities.




This information is meant to be a general summary of Christ Pond Foundation Inc. 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.

Revenue
$46,990 (2022)
Expenses
$71,212 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $24,669
  • Gross Receipts: $46,990

Assets and Liabilities:

  • Total Assets: $1,309,602
  • Total Liabilities: $0
  • Net Assets: $1,309,602

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Organization Details

Founding Year

1982

Principal Officer

Joseph Sauer

Main Address

6035 Artist Bay Road, West Bend, WI, 53095

NTEE Category

Code: X20Z - Religion related

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