Overview
What is La Vista Community Foundation?
La Vista Community Foundation is a collaborative initiative spearheaded by donors, non-profit organizations, and local citizens in La Vista, Nebraska. Their primary objective is to establish a sustainable platform for managing, investing, and distributing charitable contributions aimed at enhancing the welfare of the La Vista community and its surrounding jurisdiction. This nonprofit organization serves as a catalyst for community development, working tirelessly to enrich the lives of the current and future generations in La Vista.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars (47%)
La Vista Community Foundation has received a low score of 47%, which translates to a zero-star rating. This indicates significant concerns regarding the organization’s financial health and accountability. While the organization has demonstrated strong governance practices, such as having a fully independent board and adhering to conflict of interest and whistleblower policies, these strengths are overshadowed by poor financial ratios.
The foundation's program expense ratio is notably low at 31.76%, suggesting that a significant portion of its funds may not be directed towards its programs. Additionally, a ratio of 0.00% for liabilities to assets raises red flags about the overall financial management and sustainability of the organization. While it has successfully documented board meeting minutes and has no material diversion of assets, the financial indicators point to the need for substantial improvement.
In summary, while La Vista Community Foundation exhibits strong governance, the alarming financial performance metrics highlight serious limitations. Prospective donors and stakeholders should consider these factors carefully before engagement, as the foundation's current financial practices may hinder its ability to effectively serve its mission.
This AI summary has been generated from information found on Charity Navigator.
Is La Vista Community Foundation legitimate?
La Vista Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Vista Community Foundation 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: $57,687
For more financial information, click here
What is the mission statement of La Vista Community Foundation?
The La Vista Community Foundation is an initiative brought together by donors, non-profit organizations, and community members, all committed to enhancing their community for the benefit of current and future generations. The mission of this organization is to provide a lasting vehicle for holding, investing, administering, and distributing contributions, aimed at promoting the well-being of the community. This foundation serves as a cooperative effort to foster community growth and development, ensuring its continued strength and prosperity for generations to come.
Who is the CEO of La Vista Community Foundation?
Brian Mahlendorf is the President of La Vista Community Foundation.
What is the revenue of La Vista Community Foundation?
La Vista Community Foundation's revenue in 2022 was $43,971.
Who are the executives of La Vista Community Foundation and what are their salaries?
There 63 volunteers at La Vista Community Foundation.
Here are 15 key members and their salaries:
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Where can I find the form 990 for La Vista Community Foundation?
La Vista Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of La Vista Community Foundation
The La Vista Community Foundation is a collaborative endeavor involving donors, non-profit organizations, and community members, all working together with the shared goal of strengthening their community for current and future generations. This organization serves as a reliable vehicle for holding, investing, administering, and distributing contributions, with the ultimate aim of benefiting the community as a whole. By leveraging the collective efforts and resources of its stakeholders, the La Vista Community Foundation seeks to contribute positively to the community's development and well-being, ensuring a prosperous future for all.
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Impact
August, 2024
La Vista Community Foundation's impact is evident in its dedication to strengthening the community of La Vista, Nebraska, and its extraterritorial zoning jurisdiction. By providing a lasting platform to hold, invest, administer, and distribute contributions for the betterment of the community, the foundation plays a vital role in supporting present and future generations. Its collaborative approach, involving donors, non-profit organizations, and citizens, underscores its commitment to philanthropy and community development.
This information is meant to be a general summary of La Vista Community Foundation. 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.
- Gross Receipts: $90,122
Assets and Liabilities:
- Total Assets: $247,835
- Total Liabilities: $0
- Net Assets: $247,835
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Organization Details
Founding Year
1999
Phone
(402) 960-9625Principal Officer
Brian Mahlendorf
Main Address
8116 PARK VIEW BLVD, La Vista, NE, 68128
NTEE Category
Code: T31 - Philanthropy
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