Overview
What is Beloit Convention And Visitors Bureau Charitable Foundation Inc?
The Beloit Convention and Visitors Bureau Charitable Foundation Inc is a nonprofit organization based in Beloit, Wisconsin, specifically at 656 Pleasant Street. Their primary mission revolves around leading and coordinating destination development projects within the greater Beloit region through public and private funding. Additionally, they oversee grant and sponsorship programs to achieve these objectives. In essence, this foundation acts as a catalyst for growth and development in the region, fostering projects that contribute to the local community and economy.
Official website here: www.visitbeloit.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 85% (Three-Star out of Four Star rating)
The Beloit Convention And Visitors Bureau Charitable Foundation Inc has earned a respectable Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization scored 85%, with the entire rating based on its Accountability & Finance metrics. The charity demonstrated strengths in governance, with a fully independent board and no material diversion of assets, which reflects a commitment to ethical management.
Financially, the organization shows a strong commitment to program expenses, with an impressive 89.39% of its budget directed toward its programs. This suggests that the majority of its resources are effectively utilized to support its mission. Moreover, the foundation has established comprehensive policies, including conflict of interest and whistleblower policies, contributing to operational transparency.
However, the organization did encounter a limitation regarding its Liabilities to Assets ratio, where it scored 0 out of 15 points. This may indicate potential financial challenges that could impact its sustainability in the long run. Overall, while the charity excels in many areas of governance and program expenditure, it may need to address its liabilities to ensure a healthy financial future.
This AI summary has been generated from information found on Charity Navigator.
Is Beloit Convention And Visitors Bureau Charitable Foundation Inc legitimate?
Beloit Convention And Visitors Bureau Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beloit Convention And Visitors Bureau Charitable 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.visitbeloit.com
What is the mission statement of Beloit Convention And Visitors Bureau Charitable Foundation Inc?
The Beloit Convention and Visitors Bureau Charitable Foundation Inc. is committed to spearheading and coordinating destination development projects within a broader region. They aim to achieve this through the strategic use of both public and private funding, as well as the management of grant and sponsorship programs. Their goal is to lead and coordinate these projects with the aim of enhancing the region's development.
Official website here: www.visitbeloit.com
Who is the CEO of Beloit Convention And Visitors Bureau Charitable Foundation Inc?
Celestino Ruffini is the Ceo of Beloit Convention And Visitors Bureau Charitable Foundation Inc. The CEO's salary of Beloit Convention And Visitors Bureau Charitable Foundation Inc is $0 and their total compensation is $95,778.
Official website here: www.visitbeloit.com
What is the revenue of Beloit Convention And Visitors Bureau Charitable Foundation Inc?
Beloit Convention And Visitors Bureau Charitable Foundation Inc's revenue in 2022 was $17,954.
Official website here: www.visitbeloit.com
Who are the executives of Beloit Convention And Visitors Bureau Charitable Foundation Inc and what are their salaries?
There 41 volunteers at Beloit Convention And Visitors Bureau Charitable Foundation Inc.
Here are 7 key members and their salaries (Beloit Convention And Visitors Bureau Charitable Foundation Inc's CEO's salary is $0 and their total compensation is $95,778):
- Compensation: $0
- Related: $85,936
- Other: $9,842
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.visitbeloit.com
Where can I find the form 990 for Beloit Convention And Visitors Bureau Charitable Foundation Inc?
Beloit Convention And Visitors Bureau Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.visitbeloit.com
Learn more at the official website: www.visitbeloit.com
Mission Statement of Beloit Convention And Visitors Bureau Charitable Foundation Inc
The Beloit Convention and Visitors Bureau Charitable Foundation Inc is dedicated to leading and coordinating destination development projects in various regions. Through a blend of public and private funding, this nonprofit organization effectively manages grant and sponsorship programs. Its primary mission is to contribute positively to the development of the greater Beloit region, focusing on a myriad of projects that aim to enhance the area's appeal and infrastructure. The organization's achievements are rooted in its ability to coordinate and fund development projects, ensuring a more prosperous future for the communities it serves.
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Impact
June, 2024
Beloit Convention And Visitors Bureau Charitable Foundation Inc's impact lies in leading and coordinating destination development projects in the greater Beloit region through public and private funding. By managing grant and sponsorship programs, the organization plays a vital role in driving the growth and enhancement of the region's tourism sector. Through their efforts, they contribute to the economic development and promotion of Beloit, Wisconsin, benefiting the local community and environment.
This information is meant to be a general summary of Beloit Convention And Visitors Bureau Charitable 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $22
- Gross Receipts: $46,374
Assets and Liabilities:
- Total Assets: $784,513
- Total Liabilities: $693,720
- Net Assets: $90,793
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Organization Details
Founding Year
1987
Phone
(608) 365-4838Principal Officer
Celestino Ruffini
Main Address
656 PLEASANT STREET, BELOIT, WI, 53511
Website
www.visitbeloit.comNTEE Category
Code: C99Z - Environment
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