Overview
What is Christmas Cheer Fund Inc?
Christmas Cheer Fund Inc, based in Mason City, Iowa, is a nonprofit organization dedicated to providing financial assistance to families in need during the holiday season. Their mission is to make the holiday season more special for these families, offering them Target gift cards as a form of aid. The organization, identified by its mailing address at the Globe Gazette, assists a significant number of families annually, reaching 1,960 individuals in 2021.
Official website here: www.globegazette.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Star rating)
Christmas Cheer Fund Inc has received a 66% rating from Charity Navigator, which places it in the Two-Star category. This score reflects the organization’s performance in accountability and finance, indicating that while there are positive aspects, there are areas needing improvement. The high marks in several governance aspects, including a fully independent board and no material diversion of assets, suggest a strong commitment to transparency and ethical management.
The charity boasts a perfect program expense ratio of 100%, indicating that all its expenditures are directed towards its programs, which is a significant strength. Additionally, the organization has effectively documented its board meeting minutes and has its website listed on its tax form, further demonstrating its commitment to accountability.
However, the overall score of 66% suggests that there are still some concerns regarding the organization's financial practices or effectiveness that could be addressed to improve its rating. Continued enhancements in these areas could help bolster its reputation and operational efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Christmas Cheer Fund Inc legitimate?
Christmas Cheer Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christmas Cheer Fund 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: $0
For more financial information, click here
Official website here: www.globegazette.com
What is the mission statement of Christmas Cheer Fund Inc?
The Christmas Cheer Fund Inc's mission is centered around providing financial assistance to families in need during the holiday season. Their goal is to make the festive period more special for these families by offering them financial aid. In the recent past, they have managed to assist 1,960 families or individuals, providing them with Target gift cards. The organization's activities are focused on alleviating financial hardships and bringing joy to families during the holiday season.
Official website here: www.globegazette.com
Who is the CEO of Christmas Cheer Fund Inc?
Matt Tranquill is the President of Christmas Cheer Fund Inc.
Official website here: www.globegazette.com
What is the revenue of Christmas Cheer Fund Inc?
Christmas Cheer Fund Inc's revenue in 2023 was $106,659.
Official website here: www.globegazette.com
Who are the executives of Christmas Cheer Fund Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.globegazette.com
Where can I find the form 990 for Christmas Cheer Fund Inc?
Christmas Cheer Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.globegazette.com
Learn more at the official website: www.globegazette.com
Mission Statement of Christmas Cheer Fund Inc
Christmas Cheer Fund Inc, a nonprofit organization, is dedicated to providing financial assistance to families in need during the holiday season. Their mission is to make the festive period more special for these families, aiming to alleviate some of the financial burden they may be experiencing. In the past year alone, they have extended aid to 1,960 families or individuals, offering them Target gift cards as a form of assistance. This initiative allows these families to celebrate the holiday season with a bit more joy and comfort.
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Impact
October, 2024
Christmas Cheer Fund Inc significantly enhances the holiday experience for families in need during the Christmas season. By providing financial assistance, specifically through Target gift cards, the organization has directly impacted the lives of 1,960 individuals and families in Mason City, IA. This support allows recipients to enjoy the festive season with greater joy and dignity, enabling them to purchase gifts, food, and other essentials that make the holidays special. The focus on financial assistance ensures that the holiday spirit reaches those who might otherwise struggle, fostering a sense of community and generosity during this cherished time of the year.
This information is meant to be a general summary of Christmas Cheer Fund 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 2023.
- Investment Income: $373
- Gross Receipts: $106,659
Assets and Liabilities:
- Total Assets: $363,511
- Total Liabilities: $0
- Net Assets: $363,511
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Organization Details
Founding Year
1927
Phone
(641) 423-8088Principal Officer
Matt Tranquill
Main Address
C/O GLOBE GAZETTE PO BOX 271, MASON CITY, IA, 50401
Website
www.globegazette.comNTEE Category
Code: P58Z - Human services
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