Overview
What is Manning Betterment Foundation C/O Aaron Stangl Treasurer?
The Manning Betterment Foundation, led by Treasurer Aaron Stangl, is a nonprofit organization situated in Manning, Iowa. Their primary objective is to foster community pride, identify needs, and stimulate social and economic development. They devise strategies to diversify their resources to meet future challenges and establish a strong sense of community. The foundation actively promotes and develops the economic and social growth of their community through marketing, promotion, and the development of their people, products, and resources. In practice, they have achieved this by attracting a new business to the city, constructing a building, and leasing office space to this company. They also remodeled a portion of the building to establish a child care center, providing essential services for the employees of the new business. The child care center has further contributed to the community by providing additional jobs. The foundation continues to seek new business opportunities for the community and has real estate available for sale or remodeling. They also support the child care center, ensuring it continues to serve its purpose.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars, 67%
The Manning Betterment Foundation has received a "Needs Improvement" rating from Charity Navigator, indicating that while the organization is managing some aspects well, significant areas require attention. The foundation boasts a high program expense ratio of 97.34%, suggesting that a substantial portion of its funds is directed toward its programs rather than administrative costs. Additionally, it has a fully independent board, which enhances its governance structure.
Despite these strengths, the foundation has notable shortcomings in accountability and financial transparency. It lacks critical policies, such as those for conflict of interest and whistleblowing, and does not provide its financial statements or tax forms on its website. These omissions contribute to a low accountability score, resulting in a rating that reflects the need for improved governance and transparency practices.
Overall, while the Manning Betterment Foundation shows a commitment to its programmatic efforts, it must address its transparency and governance issues to enhance its credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Manning Betterment Foundation C/O Aaron Stangl Treasurer legitimate?
Manning Betterment Foundation C/O Aaron Stangl Treasurer is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manning Betterment Foundation C/O Aaron Stangl Treasurer 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: $437,277
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What is the mission statement of Manning Betterment Foundation C/O Aaron Stangl Treasurer?
The Manning Betterment Foundation's mission is centered around fostering pride, identifying needs, and stimulating social and economic development within a community. The organization aims to devise strategies to cater to future needs and challenges, promoting a sense of community. Additionally, it encourages and stimulates economic and social development through marketing, promotion, and development of resources and people. The foundation strives to provide the best opportunities for economic and social growth by coordinating and planning the use of resources. It fosters and promotes a sense of community pride, formulating and implementing ideas, and identifying and developing leaders.
Who is the CEO of Manning Betterment Foundation C/O Aaron Stangl Treasurer?
Joseph Maas is the Director/Vic of Manning Betterment Foundation C/O Aaron Stangl Treasurer.
What is the revenue of Manning Betterment Foundation C/O Aaron Stangl Treasurer?
Manning Betterment Foundation C/O Aaron Stangl Treasurer's revenue in 2023 was $763,003.
Who are the executives of Manning Betterment Foundation C/O Aaron Stangl Treasurer and what are their salaries?
The average compensation at Manning Betterment Foundation C/O Aaron Stangl Treasurer during 2023 was $7,053. There are 62 employees and 13 volunteers at Manning Betterment Foundation C/O Aaron Stangl Treasurer.
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Where can I find the form 990 for Manning Betterment Foundation C/O Aaron Stangl Treasurer?
Manning Betterment Foundation C/O Aaron Stangl Treasurer's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Manning Betterment Foundation C/O Aaron Stangl Treasurer
The Manning Betterment Foundation, led by Treasurer Aaron Stangl, is dedicated to fostering a sense of community pride while identifying and addressing the social and economic needs of its community. The organization seeks to stimulate development in various aspects, devising strategies to meet future challenges and needs. They aim to promote economic and social growth by marketing, promoting, and developing their resources and people. The foundation also aims to provide the best opportunities for growth and development through planning and coordination of the community's resources, people, and products. Ideas are formulated and carried out, leaders are identified and developed, and community pride is actively fostered and promoted. The Manning Betterment Foundation's mission is to encourage, stimulate, and promote the economic and social development of their community, ultimately contributing to a prosperous and united community.
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Impact
July, 2024
The Manning Betterment Foundation, under the leadership of Aaron Stangl as Treasurer, has significantly impacted the community of Manning, IA. They have successfully encouraged pride, identified needs, and stimulated social and economic development in the area. One noteworthy achievement includes attracting a new business to the city, which led to the creation of additional jobs. The foundation played a pivotal role in this endeavor by constructing a new building and leasing office space to the new business. Furthermore, they remodeled a portion of the building to establish a child care center, providing essential day care services for the employees attracted by the new jobs. The Manning Betterment Foundation continues to seek opportunities for new businesses to come to the community and supports the ongoing operations of the child care center, which has also created additional jobs within the community. Their dedication to economic and social development, coupled with their efforts to foster a sense of community pride, has made a tangible impact on Manning and its residents.
This information is meant to be a general summary of Manning Betterment Foundation C/O Aaron Stangl Treasurer. 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: $3,071
- Program Service Revenue: $540,798
- Gross Receipts: $799,196
Assets and Liabilities:
- Total Assets: $1,299,618
- Total Liabilities: $50,631
- Net Assets: $1,248,987
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION-CHILD CARE
Revenue
$465,535
MISC. FUNDRAISING INCOME
Revenue
$49,796
FOOD REIMBURSEMENTS
Revenue
$20,466
PRINCESS PROM-FUND RAISER
Revenue
$5,001
Organization Details
Founding Year
1994
Phone
(712) 655-3557Principal Officer
Joseph Maas
Main Address
401 MAIN STREET PO BOX 325, MANNING, IA, 51455
NTEE Category
Code: S30B - Community improvement
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