Overview
What is Pella Community Foundation?
The Pella Community Foundation is a nonprofit organization situated in Pella, Iowa. Its primary mission is to boost the quality of life in the community by granting funds to local, tax-exempt organizations. The foundation's purpose is twofold: preserving the heritage and enriching the lives of Pella's residents. It achieves this by supporting the work of various non-profit organizations within the area. The foundation serves as a conduit, transferring resources from those who wish to contribute, to the organizations that can make a positive impact in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Pella Community Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. With an overall score of 94%, the foundation's evaluation is derived entirely from its accountability and finance metrics, highlighting its effective governance and sound financial practices.
The foundation excels in several key areas, scoring full points for its independent board composition and robust audit and oversight protocols. Notably, it has a 100% independent board, which contributes to its high governance standards. Its financial health is further evidenced by a low liabilities-to-assets ratio of 20.23% and a program expense ratio of 92.54%, indicating that a significant portion of its funds is directed towards its mission-driven programs.
While the foundation demonstrates remarkable strengths in governance and financial management, the data does not outline any specific limitations or challenges faced by the organization. Overall, the Pella Community Foundation stands out as a reliable nonprofit that prioritizes responsible management and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Pella Community Foundation legitimate?
Pella Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pella 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.
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What is the mission statement of Pella Community Foundation?
The Pella Community Foundation's mission is centered around enhancing the living standards of its community. It aims to achieve this by facilitating and supporting the work of local non-profit organizations. The foundation's primary objective is to preserve the heritage and improve the quality of life for its community members. It accomplishes this by transferring funds from individuals who wish to contribute, to the appropriate non-profit organizations. The foundation extends grants to tax-exempt organizations in the area, enabling them to improve the overall quality of life in the community.
Who is the CEO of Pella Community Foundation?
Jim Brandl is the Director of Pella Community Foundation.
What is the revenue of Pella Community Foundation?
Pella Community Foundation's revenue in 2023 was $578,693.
Who are the executives of Pella Community Foundation and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Pella Community Foundation?
Pella Community Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Pella Community Foundation
The Pella Community Foundation is committed to preserving the heritage and improving the quality of life for the community's residents. In pursuit of this mission, the foundation acts as a facilitator, transferring funds from individuals who wish to contribute to the betterment of others, to the non-profit organizations within the area. These organizations then utilize these grants to enhance the overall quality of life in Pella.
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Impact
July, 2024
Pella Community Foundation's impact is significant in enriching the heritage and quality of life for the people of Pella. By providing grants to local nonprofit organizations, the foundation actively works to enhance the overall well-being and vitality of the community. Through its mission of preserving heritage and supporting charitable initiatives, the foundation serves as a vital catalyst for positive change and community development in Pella, Iowa.
This information is meant to be a general summary of Pella 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 2023.
- Investment Income: $159,909
- Program Service Revenue: $27,826
- Gross Receipts: $578,693
Assets and Liabilities:
- Total Assets: $9,419,044
- Total Liabilities: $1,906,691
- Net Assets: $7,512,353
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FARMLAND
Revenue
$18,563
FEES
Revenue
$9,263
Organization Details
Founding Year
1991
Phone
(800) 621-7690Principal Officer
Jim Brandl
Main Address
PO BOX 112, PELLA, IA, 50219
NTEE Category
Code: T31 - Philanthropy
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