Overview
What is Community Foundation Of Chippewa Co?
The Community Foundation of Chippewa Co is a nonprofit organization situated in Chippewa Falls, Wisconsin. With a mission to empower philanthropists, it aids in achieving their charitable objectives, addressing evolving community needs, and ultimately benefiting the residents, individuals, and various nonprofit organizations within Chippewa County. During the fiscal year 2023, 17 new funds were established, bringing the total active funds count to 286. The organization's assets under management saw a change from 26.7 million to 25.8 million. With a team of five dedicated employees, the foundation processes and manages gifts totaling over 41.7 million dollars, showcasing its significant impact on the local community.
Official website here: www.yourlegacyforever.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Community Foundation of Chippewa County has achieved an impressive 96% score from Charity Navigator, reflecting strong performance in accountability and finance. The organization boasts a fully independent board with 12 members, alongside a robust audit and oversight framework. This high level of governance is further emphasized by their adherence to various policies regarding conflict of interest and document management.
Strengths of the organization include a high program expense ratio of 88.97%, indicating that a significant portion of their resources is directed toward their programs rather than administrative costs. Additionally, they maintain a solid liabilities-to-assets ratio of 33.90%, demonstrating financial stability. Their outstanding fundraising efficiency, although rated low, shows a minimal cost of fundraising which suggests that funds raised are likely to be effectively utilized.
However, the organization's fundraising efficiency score of $0.01 raises some concerns, indicating that while they are able to raise funds, the cost associated with doing so may be disproportionately high. Despite this limitation, the overall financial health and governance practices of the Community Foundation of Chippewa County position it as a trustworthy nonprofit serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Community Foundation Of Chippewa Co?
100% of the reviewers on Facebook would recommend the Community Foundation of Chippewa County. Here’s what they had to share:
The reviews highlight the organization's helpfulness and courteousness, indicating a strong sense of trust among the reviewers. Users feel positively about their interactions, suggesting that the foundation is committed to serving the community effectively.
Overall, while the number of reviews is limited, the sentiment is overwhelmingly positive, reflecting a solid reputation for support and trustworthiness within the community.
This AI summary has been generated from reviews found on Facebook.
Is Community Foundation Of Chippewa Co legitimate?
Community Foundation Of Chippewa Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Chippewa Co 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: $82,989
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,097
For more financial information, click here
Official website here: www.yourlegacyforever.org
What is the mission statement of Community Foundation Of Chippewa Co?
The Community Foundation of Chippewa Co's mission is centered around enabling donors to achieve their philanthropic goals while addressing evolving community needs. This mission aims to ultimately benefit various communities, people, and nonprofit organizations. The foundation serves as a platform that facilitates the realization of donors' charitable aspirations while responding to the shifting needs of the community. By doing so, it contributes positively to the well-being of the communities and the organizations that operate within them. In the fiscal year 2023, the foundation established 17 new funds, bringing the total number of active funds to 286, and managing assets worth 25.8 million dollars. Overall, the Community Foundation of Chippewa Co plays a crucial role in connecting donors with the causes they care about and meeting the evolving needs of their respective communities.
Official website here: www.yourlegacyforever.org
Who is the CEO of Community Foundation Of Chippewa Co?
Jill Herriges is the Executive Di of Community Foundation Of Chippewa Co.
Official website here: www.yourlegacyforever.org
What is the revenue of Community Foundation Of Chippewa Co?
Community Foundation Of Chippewa Co's revenue in 2023 was $2,026,735.
Official website here: www.yourlegacyforever.org
Who are the executives of Community Foundation Of Chippewa Co and what are their salaries?
The average compensation at Community Foundation Of Chippewa Co during 2023 was $29,817. There are 5 employees and 34 volunteers at Community Foundation Of Chippewa Co.
Here are 14 key members and their salaries:
- Compensation: $82,989
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- Other: $2,576
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Official website here: www.yourlegacyforever.org
Where can I find the form 990 for Community Foundation Of Chippewa Co?
Community Foundation Of Chippewa Co's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.yourlegacyforever.org
Learn more at the official website: www.yourlegacyforever.org
Mission Statement of Community Foundation Of Chippewa Co
The Community Foundation of Chippewa Co serves as a platform for donors to realize their philanthropic aspirations while addressing the evolving needs of the community. Its mission is twofold: firstly, it empowers donors to accomplish their charitable objectives, and secondly, it strives to address the shifting requirements of the community, thereby contributing to the betterment of people and nonprofit organizations within Chippewa County. During fiscal year 2023, the foundation saw the creation of 17 new funds, increasing the total number of active funds to 286. Concurrently, the total assets under management experienced a slight decrease, transitioning from 26.7 million to 25.8 million. Since its inception, the Community Foundation of Chippewa Co has successfully processed gifts totaling over 41.7 million dollars.
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Impact
July, 2024
Community Foundation Of Chippewa Co plays a significant role in enabling donors to achieve their philanthropic goals and meeting the changing community needs in Chippewa County. With a total of 286 active funds and assets under management totaling 25.8 million, the foundation continues to make a positive impact on the communities, people, and organizations in the region. Through receiving and processing gifts totaling more than 41.7 million to date, the foundation has been instrumental in supporting various causes and initiatives. Its commitment to philanthropy and addressing community needs highlights its importance in fostering a thriving and supportive environment for Chippewa County.
This information is meant to be a general summary of Community Foundation Of Chippewa Co. 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: $775,351
- Gross Receipts: $13,789,824
Assets and Liabilities:
- Total Assets: $25,839,774
- Total Liabilities: $8,762,861
- Net Assets: $17,076,913
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Organization Details
Founding Year
2001
Phone
(715) 723-8125Principal Officer
Jill Herriges
Main Address
PO BOX 153, CHIPPEWA FALLS, WI, 54729
Website
www.yourlegacyforever.orgNTEE Category
Code: T31 - Philanthropy
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