Overview
What is Community Memorial Foundation Of Menomonee Falls Inc?
Community Memorial Foundation of Menomonee Falls Inc is a nonprofit organization situated in Menomonee Falls, Wisconsin, with a specific focus on fundraising. Their primary mission involves providing financial support to Community Memorial Hospital of Menomonee Falls, Inc. and its programs. This support extends beyond just monetary contributions as they also grant scholarships to individuals pursuing a career in the medical field. The foundation's activities are centered around soliciting donations and organizing fundraising events to fulfill these objectives.
Official website here: www.see schedule o
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star Rating
The Community Memorial Foundation of Menomonee Falls Inc has received a solid Three-Star rating from Charity Navigator, based on a score of 75%. This rating reflects the foundation's commitment to accountability and finance, which is the sole factor influencing its score. The organization boasts a high percentage of independent board members, strong financial oversight, and robust policies related to conflict of interest and document retention.
One of the foundation's notable strengths is its independent governance structure, with 95% of its board being independent members. This independence can enhance decision-making and organizational integrity. Furthermore, the organization has demonstrated effective financial management, as indicated by its low liabilities to assets ratio of 6.13%, showcasing a strong financial position.
However, the charity's program expense ratio is 52.82%, which, relative to its overall financial health, suggests that a significant portion of its budget is allocated to administrative costs rather than direct program services. This is an area that could be improved to enhance the impact of its initiatives. Overall, while the foundation performs well in accountability and governance, there remains potential for better allocation towards program expenditures.
This AI summary has been generated from information found on Charity Navigator.
Is Community Memorial Foundation Of Menomonee Falls Inc legitimate?
Community Memorial Foundation Of Menomonee Falls Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Memorial Foundation Of Menomonee Falls 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: $402,384
For more financial information, click here
Official website here: www.see schedule o
What is the mission statement of Community Memorial Foundation Of Menomonee Falls Inc?
The Community Memorial Foundation of Menomonee Falls Inc. is dedicated to raising funds and carrying out fundraising activities with the primary objective of financially supporting Community Memorial Hospital of Menomonee Falls Inc. Additionally, the foundation awards scholarships to students who are pursuing an education in the medical field. The primary mission of the foundation is to provide financial assistance to the hospital and its programs, and to support the future of healthcare by investing in the education of aspiring medical professionals. The foundation's activities are focused on raising funds to support the hospital and its mission, as well as investing in the future of healthcare through scholarships.
Official website here: www.see schedule o
Who is the CEO of Community Memorial Foundation Of Menomonee Falls Inc?
Alicia M Maitland is the Director & Cmh President of Community Memorial Foundation Of Menomonee Falls Inc.
Official website here: www.see schedule o
What is the revenue of Community Memorial Foundation Of Menomonee Falls Inc?
Community Memorial Foundation Of Menomonee Falls Inc's revenue in 2022 was $1,387,927.
Official website here: www.see schedule o
Who are the executives of Community Memorial Foundation Of Menomonee Falls Inc and what are their salaries?
There 42 volunteers at Community Memorial Foundation Of Menomonee Falls Inc.
Here are 22 key members and their salaries:
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- Other: $120,025
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- Related: $360,941
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- Related: $149,893
- Other: $27,186
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- Related: $412,501
- Other: $59,500
Official website here: www.see schedule o
Where can I find the form 990 for Community Memorial Foundation Of Menomonee Falls Inc?
Community Memorial Foundation Of Menomonee Falls Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.see schedule o
Learn more at the official website: www.see schedule o
Mission Statement of Community Memorial Foundation Of Menomonee Falls Inc
Community Memorial Foundation of Menomonee Falls Inc is dedicated to collecting funds and organizing fundraising events to financially support Community Memorial Hospital of Menomonee Falls Inc. Beyond this, the foundation also offers scholarships to students pursuing a career in the medical field. In essence, the foundation's mission is to bolster the financial stability of the hospital and contribute to the education of future medical professionals. This commitment to both healthcare and education reflects a holistic approach to community development and well-being. The foundation's activities aim to ensure that the hospital can continue to provide vital services to its local community, while also investing in the next generation of medical professionals.
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Impact
July, 2024
The impact of Community Memorial Foundation Of Menomonee Falls Inc is seen through its commitment to raising funds to support Community Memorial Hospital of Menomonee Falls, Inc. By soliciting contributions and organizing fundraising activities, the foundation plays a crucial role in providing financial support to the hospital and its programs. Additionally, the foundation grants scholarships to students pursuing an education in the medical field, further contributing to the development of healthcare professionals. Through its philanthropic efforts, Community Memorial Foundation Of Menomonee Falls Inc positively impacts the healthcare sector in Menomonee Falls, WI, by ensuring the availability of resources and support for both the hospital and aspiring medical professionals.
This information is meant to be a general summary of Community Memorial Foundation Of Menomonee Falls 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: $436,248
- Gross Receipts: $6,223,973
Assets and Liabilities:
- Total Assets: $10,022,252
- Total Liabilities: $625,980
- Net Assets: $9,396,272
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Organization Details
Founding Year
1989
Phone
(262) 251-1000Principal Officer
Alicia M Maitland
Main Address
W180 N8085 TOWN HALL ROAD, MENOMONEE FALLS, WI, 53051
Website
www.see schedule oNTEE Category
Code: T30 - Philanthropy
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