Overview
What is Community Foundation Of Northeast Iowa?
The Community Foundation of Northeast Iowa is a nonprofit organization situated in Cedar Falls, Iowa. With a mission to inspire and connect resources for community enrichment, it serves a 20-county region. The foundation fulfills this mission by addressing current and future charitable needs of the communities it serves. It achieves this by offering grantmaking support to nonprofits and assisting individuals, families, and businesses in establishing endowment funds to create lasting positive impacts on their communities and favored causes. Additionally, the foundation acts as a partner and convener, collaborating with community and philanthropic leaders to tackle regional challenges. The foundation's activities and mission are centered around supporting nonprofits, grantmaking, and establishing endowment funds. By doing so, it aims to foster community growth and improvement in areas such as art and culture, community betterment, education, youth betterment, environment and animal welfare, health, and human services. With a dedicated workforce of 20 individuals, the Community Foundation of Northeast Iowa actively works towards bettering the lives of its community members and the causes they care about.
Official website here: www.cfneia.org
What are the reviews and ratings of this charity?
The Community Foundation Of Northeast Iowa has received a Four-Star out of Four Star rating from Charity Navigator, scoring an impressive 98%. This rating is primarily based on their comprehensive accountability and financial practices, which have achieved a perfect score. The organization has excelled in governance, with all independent board members, rigorous financial oversight, and excellent transparency.
The nonprofit demonstrates strong financial health, with a Program Expense Ratio of 82.24%, indicating high efficiency in using donations for their programs. It also shows a commitment to sustainability with a formidable Working Capital Ratio, highlighting significant reserves to support future initiatives. Their fundraising efforts are notably efficient, with minimal costs relative to the amount raised.
In the area of Culture & Community, the foundation scored 79 points, indicating some room for growth in equity strategies and community representation. However, they report implementing several equity practices and ensuring community insight informs board decisions. User reviews from GreatNonprofits were not available, so further insights into community sentiments are not present.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Northeast Iowa legitimate?
Community Foundation Of Northeast Iowa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Northeast Iowa 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: $412,326
Professional Fundraising Fees: $0
Other Salaries and Wages: $659,004
For more financial information, click here
Official website here: www.cfneia.org
What is the mission statement of Community Foundation Of Northeast Iowa?
The Community Foundation of Northeast Iowa's mission is to inspire individuals and connect resources to enrich communities. The foundation achieves this by responding to current and future charitable needs of the communities it serves across its 20-county region. This is done by supporting nonprofits that are making a positive impact in their communities through grantmaking. Additionally, the foundation helps individuals, families, and businesses establish endowment funds to create long-term positive impacts on their communities and the causes they are passionate about. Furthermore, the Community Foundation acts as a partner and convener by collaborating with community and philanthropic leaders to address the challenges in their region.
Official website here: www.cfneia.org
Who is the CEO of Community Foundation Of Northeast Iowa?
Kaye M Englin is the President & of Community Foundation Of Northeast Iowa.
Official website here: www.cfneia.org
What is the revenue of Community Foundation Of Northeast Iowa?
Community Foundation Of Northeast Iowa's revenue in 2022 was $11,303,859.
Official website here: www.cfneia.org
Who are the executives of Community Foundation Of Northeast Iowa and what are their salaries?
The average compensation at Community Foundation Of Northeast Iowa during 2022 was $53,566. There are 20 employees and 450 volunteers at Community Foundation Of Northeast Iowa.
Here are 19 key members and their salaries:
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- Other: $5,872
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- Other: $16,448
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Official website here: www.cfneia.org
Where can I find the form 990 for Community Foundation Of Northeast Iowa?
Community Foundation Of Northeast Iowa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfneia.org
Learn more at the official website: www.cfneia.org
Mission Statement of Community Foundation Of Northeast Iowa
The Community Foundation of Northeast Iowa, a vital organization, is dedicated to inspiring individuals and connecting resources to enrich communities. It serves a 20-county region, addressing both immediate and future charitable needs of the communities. The foundation achieves this mission by supporting nonprofits that are making a positive impact in their localities through grantmaking. Additionally, the Community Foundation assists individuals, families, and businesses in establishing endowment funds, aiming to create a lasting, positive impact on their communities and the causes they care about. In an active role as a partner and convener, the organization collaborates with community and philanthropic leaders to tackle the challenges facing their region.
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Impact
July, 2024
Community Foundation Of Northeast Iowa's impact is significant in enriching communities across its 20-county region. By supporting organizations and initiatives that are making a positive difference, the foundation helps address charitable needs and create lasting impacts through grantmaking. Additionally, by facilitating the establishment of endowment funds for individuals, families, and businesses, the foundation enables long-term support for causes that matter to the community. Through collaboration with community and philanthropic leaders, the foundation plays a crucial role in addressing challenges within the region.
This information is meant to be a general summary of Community Foundation Of Northeast Iowa. 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: $3,460,699
- Gross Receipts: $21,221,248
Assets and Liabilities:
- Total Assets: $156,432,405
- Total Liabilities: $6,079,788
- Net Assets: $150,352,617
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Organization Details
Founding Year
1956
Phone
(319) 287-9106Principal Officer
Kaye M Englin
Main Address
3117 GREENHILL CIRCLE, CEDAR FALLS, IA, 50613
Website
www.cfneia.orgNTEE Category
Code: T31 - Philanthropy
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