Overview
What is Portage County Business Council Foundation Inc?
Portage County Business Council Foundation Inc, based in Stevens Point, Wisconsin, is a nonprofit organization with a mission to foster leadership development and improve education in the community. They achieve this by promoting partnerships between educational institutions, businesses, and the community, with a focus on providing career awareness opportunities for K-12 students. Additionally, the foundation supports community betterment initiatives and serves as a platform for discussing issues affecting Portage County. With a small team of three dedicated individuals, they aim to enhance the quality of life in the region.
Official website here: www.portagecountybiz.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
The Portage County Business Council Foundation Inc has achieved a robust Four-Star rating, reflecting a strong commitment to accountability and finance. This score indicates that the organization effectively manages its resources, with a significant program expense ratio of 85.62%, suggesting that the majority of its funds are directed toward its charitable programs.
Strengths highlighted in the rating include a fully independent board with 19 members, ensuring a governance structure free from conflicts of interest. The foundation also has comprehensive policies in place, such as a conflict of interest policy and a whistleblower policy, both of which are crucial for maintaining transparency and ethical standards. Additionally, the organization documents its board meeting minutes, reinforcing its commitment to accountability.
There are no noted limitations in the available data, which enhances the foundation's reputation as a well-managed nonprofit. Overall, the Portage County Business Council Foundation Inc exemplifies strong financial health and governance practices, contributing positively to its community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Portage County Business Council Foundation Inc legitimate?
Portage County Business Council Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portage County Business Council 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: $39,506
For more financial information, click here
Official website here: www.portagecountybiz.com
What is the mission statement of Portage County Business Council Foundation Inc?
The Portage County Business Council Foundation Inc has a mission to serve as a platform for the growth of emerging leaders within the community. It aims to boost the standard of education across various educational levels, encouraging collaborative activities between the community and institutions. The organization also supports initiatives that enhance the quality of life in Portage County and provides a space for discussions on issues affecting the local community. Additionally, the Foundation supports community improvement projects and offers information forums on relevant topics.
Official website here: www.portagecountybiz.com
Who is the CEO of Portage County Business Council Foundation Inc?
Michael Witte is the Director of Portage County Business Council Foundation Inc.
Official website here: www.portagecountybiz.com
What is the revenue of Portage County Business Council Foundation Inc?
Portage County Business Council Foundation Inc's revenue in 2022 was $167,470.
Official website here: www.portagecountybiz.com
Who are the executives of Portage County Business Council Foundation Inc and what are their salaries?
The average compensation at Portage County Business Council Foundation Inc during 2022 was $13,169. There are 3 employees at Portage County Business Council Foundation Inc.
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Official website here: www.portagecountybiz.com
Where can I find the form 990 for Portage County Business Council Foundation Inc?
Portage County Business Council Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.portagecountybiz.com
Learn more at the official website: www.portagecountybiz.com
Mission Statement of Portage County Business Council Foundation Inc
The Portage County Business Council Foundation Inc is dedicated to serving as a platform for the advancement of emerging leaders within Portage County. This organization strives to promote excellence in education across various levels of educational institutions, fostering collaborative partnership activities with both the community and institutions. Additionally, the Portage County Business Council Foundation Inc supports initiatives that enhance the quality of life in the community and provides opportunities for discussions on issues affecting the Portage County community. By offering a forum for information and dialogue, the organization aims to contribute to the betterment of the community as a whole.
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Impact
October, 2024
The Portage County Business Council Foundation Inc plays a vital role in enhancing the community by focusing on the development of emerging leaders and fostering excellence in education within the region. By providing a platform for dialogue and collaboration among educational institutions, businesses, and community organizations, it promotes career awareness and employability skills among K-12 students.
This initiative not only strengthens partnerships between various stakeholders but also supports community betterment activities that elevate the overall quality of life in Portage County. Through forums and discussions on key community issues, the Foundation actively engages residents and leaders in addressing challenges and seizing opportunities for the region's growth and development. As a result, it nurtures a well-informed and skilled future workforce, ensuring the prosperity and vibrancy of Portage County.
This information is meant to be a general summary of Portage County Business Council 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: $158
- Program Service Revenue: $163,104
- Gross Receipts: $167,470
Assets and Liabilities:
- Total Assets: $713,223
- Total Liabilities: $61,539
- Net Assets: $651,684
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$90,001
PARTNERS IN EDUCATION
Revenue
$28,994
LEADERSHIP PORTAGE COUNTY
Revenue
$27,509
IGNITE YOUNG PROFESSIONALS
Revenue
$11,454
MEMBERSHIP SERVICES
Revenue
$5,100
Organization Details
Founding Year
1989
Phone
(715) 344-1940Principal Officer
Michael Witte
Main Address
5501 VERN HOLMES DR, STEVENS POINT, WI, 54482
Website
www.portagecountybiz.comNTEE Category
Code: B99 - Education
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