Overview
What is Community Foundation Of North Central Wisconsin Inc?
The Community Foundation of North Central Wisconsin Inc is a nonprofit organization situated in Wausau, Wisconsin. With a mission to enrich the greater Wausau area, the foundation connects philanthropic generosity with impactful solutions, aiming to strengthen the region for future generations. They actively solicit, manage, and distribute philanthropic assets, communicate opportunities and benefits of philanthropy, demonstrate leadership, and engage in creative grantmaking. The organization serves as a catalyst, collaborating with other foundations, corporations, organizations, and communities to design programs and identify issues. With a special focus on enhancing the vibrancy and livability of the greater Wausau area and Marathon County, the Community Foundation of North Central Wisconsin inspires charitable giving to invest in a brighter community, employing a team of 9 dedicated individuals.
Official website here: www.cfoncw.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Community Foundation of North Central Wisconsin Inc has achieved a perfect score on Charity Navigator, highlighting its strong commitment to accountability and financial management. With an Accountability & Finance Score of 100, the foundation demonstrates robust governance through a fully independent board and transparent financial practices. The organization has no material diversion of assets and implements sound policies such as conflict of interest and whistleblower protections.
Users can be assured of the foundation's prudence, exemplified by its outstanding ratios in program expenses and fundraising efficiency, maintaining a low cost of fundraising. With 91.11% of expenses directed towards programs and a working capital ratio indicating over nine years of financial stability, the foundation is positioned to effectively fulfill its mission in the community.
Unfortunately, user reviews from GreatNonprofits are not available, which limits additional insight into public perceptions of the organization. Nonetheless, the foundation's strong financial standing and operational integrity provide a favorable outlook for potential supporters and partners.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of North Central Wisconsin Inc legitimate?
Community Foundation Of North Central Wisconsin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of North Central Wisconsin 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: $300,664
Professional Fundraising Fees: $0
Other Salaries and Wages: $379,585
For more financial information, click here
Official website here: www.cfoncw.org
What is the mission statement of Community Foundation Of North Central Wisconsin Inc?
The Community Foundation of North Central Wisconsin is a nonprofit organization, established to strengthen its region by connecting philanthropic donors with impactful solutions that will endure for generations. Its primary goals include responsibly soliciting, managing, and distributing philanthropic assets, communicating the benefits and opportunities of philanthropy, demonstrating leadership, and serving as a catalyst for designing programs and identifying issues in collaboration with various entities. The foundation engages in sensitive grant-making to enrich communities, with a special emphasis on enhancing the vibrancy and livability of the Greater Wausau area. In summary, the Community Foundation of North Central Wisconsin inspires charitable giving, investing in a brighter community, and enriches the quality of life in the area by creating a community endowment and engaging in meaningful grant-making.
Official website here: www.cfoncw.org
Who is the CEO of Community Foundation Of North Central Wisconsin Inc?
Timothy Parker is the CEO of Community Foundation Of North Central Wisconsin Inc The CEO's salary of Community Foundation Of North Central Wisconsin Inc is $192,416 and their total compensation is $213,389.
Official website here: www.cfoncw.org
What is the revenue of Community Foundation Of North Central Wisconsin Inc?
Community Foundation Of North Central Wisconsin Inc's revenue in 2023 was $11,993,940.
Official website here: www.cfoncw.org
Who are the executives of Community Foundation Of North Central Wisconsin Inc and what are their salaries?
The average compensation at Community Foundation Of North Central Wisconsin Inc during 2023 was $85,031. There are 8 employees and 25 volunteers at Community Foundation Of North Central Wisconsin Inc.
Here are 17 key members and their salaries (Community Foundation Of North Central Wisconsin Inc's CEO's salary is $192,416 and their total compensation is $213,389):
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- Compensation: $192,416
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- Compensation: $68,210
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- Other: $19,065
Official website here: www.cfoncw.org
Where can I find the form 990 for Community Foundation Of North Central Wisconsin Inc?
Community Foundation Of North Central Wisconsin Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cfoncw.org
Learn more at the official website: www.cfoncw.org
Mission Statement of Community Foundation Of North Central Wisconsin Inc
The Community Foundation of North Central Wisconsin, as a nonprofit community corporation, aims to empower and strengthen its region by connecting philanthropic generosity with impactful solutions that will last for generations. Their mission is to inspire charitable giving, investing in a brighter community. They achieve this by responsibly soliciting, managing, and distributing philanthropic assets created by charitable gifts and bequests. They communicate the opportunities and benefits of philanthropy to the communities they serve, demonstrating leadership and acting as a catalyst to design programs and identify issues in collaboration with other foundations, corporations, organizations, and communities. The Community Foundation of North Central Wisconsin engages in creative and sensitive grantmaking to enrich communities, devoting special emphasis to enhancing the vibrancy and livability of the greater Wausau area and Marathon County.
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Impact
July, 2024
The impact of Community Foundation Of North Central Wisconsin Inc is evident in its dedication to strengthening the region by connecting philanthropic generosity with impactful solutions that will last for generations. By responsibly managing and distributing charitable assets, this organization creates a lasting impact on the communities it serves. Through leadership, collaboration, and grant-making, the Foundation enhances the vibrancy and livability of the greater Wausau area and Marathon County. Its mission to inspire charitable giving truly invests in creating a brighter community for all.
This information is meant to be a general summary of Community Foundation Of North Central Wisconsin 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,540,704
- Program Service Revenue: $72,403
- Gross Receipts: $28,641,174
Assets and Liabilities:
- Total Assets: $75,896,956
- Total Liabilities: $6,858,433
- Net Assets: $69,038,523
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AGENCY FUND ADMINISTRATION FEES
Revenue
$72,403
Organization Details
Founding Year
1987
Principal Officer
Timothy S Parker
Website
www.cfoncw.orgNTEE Category
Code: T31 - Philanthropy
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