Overview
What is Monroe County Iowa Community Foundation?
Monroe County Iowa Community Foundation is a community-focused nonprofit organization based in Albia, Iowa. Their primary mission is to accumulate funds for the benefit of Monroe County's residents. These resources will be directed towards various initiatives, including education and scholarship programs, arts and cultural activities, health and social services, public affairs, and community development projects. Furthermore, they support historical preservation, wellness and recreation programs, public facility construction, rehabilitation and maintenance, and agriculture, natural resource, and environmental programs. They have awarded scholarships worth $54,125 to local students and provided financial assistance to organizations involved in historical, recreational, cultural, cemetery, and community events. Their funds also originate from the Greater Des Moines Community Foundation and private individuals and companies.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
The Monroe County Iowa Community Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. This rating, based solely on its accountability and finance score, indicates that the foundation effectively manages its resources, with a notable program expense ratio of 97.80%, signifying that nearly all funds are directed towards programs rather than administrative costs.
The organization demonstrates strong governance practices, featuring a board composed entirely of independent members, which enhances its oversight capabilities. Additionally, it has policies in place for conflict of interest, whistleblower protection, and document retention, all of which contribute to its transparency and integrity.
One of the highlights of the foundation's financial management is its zero liabilities to assets ratio, indicating a solid financial footing. However, while the foundation excels in various areas, no specific user feedback or programmatic outcomes were noted in the available data, leaving some aspects of its operations unexamined.
This AI summary has been generated from information found on Charity Navigator.
Is Monroe County Iowa Community Foundation legitimate?
Monroe County Iowa Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monroe County Iowa 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Monroe County Iowa Community Foundation?
The Monroe County Iowa Community Foundation serves as a community fund-building entity, accumulating resources to cater to the needs of its residents. The collected funds are allocated towards various programs, including education and scholarship initiatives, arts and cultural preservation, wellness and recreation, health and social services, public affairs, and community development projects. They also support public facility construction, rehabilitation, and maintenance, as well as agriculture, natural resource, and environmental programs. The foundation's goal is to contribute positively to the community by providing financial assistance for these diverse areas.
Who is the CEO of Monroe County Iowa Community Foundation?
Dan Tometich is the Treasurer of Monroe County Iowa Community Foundation.
What is the revenue of Monroe County Iowa Community Foundation?
Monroe County Iowa Community Foundation's revenue in 2022 was $523,210.
Who are the executives of Monroe County Iowa Community Foundation and what are their salaries?
Here are 7 key members and their salaries:
- 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
Where can I find the form 990 for Monroe County Iowa Community Foundation?
Monroe County Iowa Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Monroe County Iowa Community Foundation
The Monroe County Iowa Community Foundation is dedicated to amassing a fund pool intended for addressing the diverse needs of its community residents. This organization strives to channel these resources towards various initiatives, such as education program development and scholarship programs, arts and cultural programs, including historic preservation, wellness and recreation programs, health and social service programs, public affairs and community development projects, public facility construction, rehabilitation and maintenance, and agricultural, natural resource, and environmental programs. By pooling these funds, the Monroe County Iowa Community Foundation aims to contribute significantly to the betterment of its community, addressing a wide range of social, cultural, and environmental concerns.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The impact of the Monroe County Iowa Community Foundation is evident in the support it provides to the residents of Monroe County, Iowa. Through its pool of funds, the Foundation addresses a wide range of community needs including education, arts and culture, wellness, health and social services, public affairs, and environmental programs. Specifically, the Foundation awards scholarships to local students, supports historical preservation, recreational activities, and contributes to various community organizations.
In essence, the Foundation plays a vital role in enhancing the quality of life in Monroe County by investing in education, cultural enrichment, public facilities, and environmental sustainability. Through its philanthropic efforts, the Foundation contributes to the overall well-being and development of the community, making a significant impact on the lives of residents.
This information is meant to be a general summary of Monroe County Iowa 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: $24,000
- Gross Receipts: $957,056
Assets and Liabilities:
- Total Assets: $2,760,692
- Total Liabilities: $0
- Net Assets: $2,760,692
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1996
Phone
(641) 932-7233Principal Officer
Dan Tometich
Main Address
1 BENTON AVENUE WEST, ALBIA, IA, 52531
NTEE Category
Code: T70 - Philanthropy
If you are a representative of Monroe County Iowa Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.