Overview
What is Kenosha Community Foundation?
The Kenosha Community Foundation is a nonprofit organization situated in Kenosha, Wisconsin, at 600 52nd Street. Its primary purpose is to improve the current state and secure the future of the Kenosha community. They achieve this by providing grants to exempt organizations and awarding scholarships to individuals within the community. The foundation's charitable giving efforts aim to enhance various aspects of the community, ensuring a sustainable future for its inhabitants. With a team of three dedicated individuals, the Kenosha Community Foundation plays a significant role in uplifting its local community.
Official website here: www.kenoshafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Kenosha Community Foundation has achieved a solid rating of 88%, reflecting its strong performance in accountability and finance. Notably, the foundation boasts a fully independent board, with 100% of its members fulfilling this criterion. The organization's financial oversight is robust, with no material diversion of assets reported and a favorable liabilities to assets ratio of 16.48%.
Despite these strengths, there are some areas for improvement. The foundation lacks a whistleblower policy and a document retention and destruction policy, which are crucial for ensuring transparency and integrity in operations. Additionally, important documents such as the tax form are not posted on the nonprofit's website, which could limit accessibility for stakeholders seeking financial information.
Overall, while the Kenosha Community Foundation demonstrates commendable financial health and governance standards, addressing the identified gaps could further enhance its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Kenosha Community Foundation legitimate?
Kenosha Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kenosha 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: $36,269
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,845
For more financial information, click here
Official website here: www.kenoshafoundation.org
What is the mission statement of Kenosha Community Foundation?
The Kenosha Community Foundation's mission is centered around enhancing the current state and securing the future of a community through charitable giving. They achieve this by providing grants to exempt organizations and scholarships to individuals within the community, thereby contributing to its betterment. The foundation's activities are geared towards improving various aspects of the community, ensuring a sustainable and prosperous future for its residents.
Official website here: www.kenoshafoundation.org
Who is the CEO of Kenosha Community Foundation?
Ken Fellman is the President of Kenosha Community Foundation.
Official website here: www.kenoshafoundation.org
What is the revenue of Kenosha Community Foundation?
Kenosha Community Foundation's revenue in 2022 was $1,244,184.
Official website here: www.kenoshafoundation.org
Who are the executives of Kenosha Community Foundation and what are their salaries?
The average compensation at Kenosha Community Foundation during 2022 was $24,038. There are 3 employees and 30 volunteers at Kenosha Community Foundation.
Here are 14 key members and their salaries:
- Compensation: $18,889
- Related: $0
- Other: $0
- Compensation: $17,380
- Related: $0
- Other: $0
- Compensation: $6,295
- Related: $0
- Other: $0
- Compensation: $3,861
- 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
- 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.kenoshafoundation.org
Where can I find the form 990 for Kenosha Community Foundation?
Kenosha Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kenoshafoundation.org
Learn more at the official website: www.kenoshafoundation.org
Mission Statement of Kenosha Community Foundation
The Kenosha Community Foundation, as a charitable organization, is dedicated to enhancing the current state and securing the future of the Kenosha community. This is accomplished by providing grants to exempt organizations and scholarships to individuals within the community. The mission of this foundation is to foster growth and development in the community, ensuring a prosperous and vibrant future for all its inhabitants. By distributing funds to eligible organizations, the Kenosha Community Foundation aims to address various social, educational, and community needs, ultimately improving the overall well-being of the community. Furthermore, by offering scholarships to individuals, the foundation empowers future leaders and contributes to the intellectual and economic growth of the community.
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Impact
July, 2024
Kenosha Community Foundation's impact is significant in enhancing the present and ensuring the future of the Kenosha community through charitable giving. They provide grants to exempt organizations and scholarships to individuals in the community, helping to support various initiatives and individuals in need. By focusing on philanthropy, they play a crucial role in uplifting and supporting the community, making a positive difference in the lives of many individuals and organizations in Kenosha.
This information is meant to be a general summary of Kenosha 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.
- Investment Income: $387,790
- Program Service Revenue: $182,552
- Gross Receipts: $1,347,180
Assets and Liabilities:
- Total Assets: $13,071,486
- Total Liabilities: $2,104,756
- Net Assets: $10,966,730
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEE INCOME
Revenue
$182,552
Organization Details
Founding Year
1926
Phone
(262) 654-2412Principal Officer
Ken Fellman
Main Address
600 52ND ST, KENOSHA, WI, 53140
Website
www.kenoshafoundation.orgNTEE Category
Code: T310 - Philanthropy
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