Overview
What is Missouri Chamber Foundation?
The Missouri Chamber Foundation is a nonprofit organization established in Jefferson City, Missouri. Its primary focus includes leadership development, equipping Missourians with essential skills and networking opportunities to excel in their professional and community spheres. Additionally, the foundation offers programs for high school students, fostering leadership abilities and emphasizing the significance of rigorous academic pursuits. The organization also facilitates a federal grant, supporting Information Technology (IT) companies in establishing or expanding registered apprenticeship programs. By providing reimbursement to participating firms and encouraging knowledge sharing, the foundation aims to improve training and recruitment systems in the IT sector, ultimately training over 5,300 apprentices over a four-year period.
Official website here: www.mochamber.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Missouri Chamber Foundation has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The foundation's score reflects an impressive performance in various metrics, especially in governance and financial management, with a perfect score for having an entirely independent board and a low liabilities-to-assets ratio.
Strengths of the organization include its robust oversight mechanisms, as evidenced by a fully independent board and a well-documented audit and oversight process. The foundation has also demonstrated a commendable commitment to its program expenses, allocating over 83% of its budget directly to its programs, which suggests a strong focus on mission-driven activities.
However, there are some noted limitations, particularly the absence of a whistleblower policy, which may raise concerns regarding transparency and accountability in reporting unethical behavior. Overall, while the Missouri Chamber Foundation exhibits strong financial and governance practices, addressing this gap could further enhance its reputation and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Missouri Chamber Foundation legitimate?
Missouri Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Missouri Chamber 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
Official website here: www.mochamber.com
What is the mission statement of Missouri Chamber Foundation?
The Missouri Chamber Foundation concentrates on empowering individuals by offering a leadership development program. This program equips Missourians with essential information, skills, and networking opportunities, enhancing their effectiveness in both business and community roles. Additionally, the foundation provides programs for high school students, imparting leadership skills and emphasizing the significance of completing rigorous, defined courses of study. Furthermore, the foundation facilitates a DOL grant, which supports companies in establishing or expanding registered apprenticeship programs.
Official website here: www.mochamber.com
Who is the CEO of Missouri Chamber Foundation?
Dan Mehan is the Secretary of Missouri Chamber Foundation.
Official website here: www.mochamber.com
What is the revenue of Missouri Chamber Foundation?
Missouri Chamber Foundation's revenue in 2022 was $2,358,657.
Official website here: www.mochamber.com
Who are the executives of Missouri Chamber Foundation and what are their salaries?
There 518 volunteers at Missouri Chamber Foundation.
Here are 9 key members and their salaries:
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- Related: $484,286
- Other: $53,044
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Official website here: www.mochamber.com
Where can I find the form 990 for Missouri Chamber Foundation?
Missouri Chamber Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mochamber.com
Learn more at the official website: www.mochamber.com
Mission Statement of Missouri Chamber Foundation
The Missouri Chamber Foundation, a notable organization, focuses on empowering individuals to become more effective leaders in their respective business and community spheres. It accomplishes this through a leadership development program, offering vital information, essential skills, and valuable connections. The foundation extends its reach beyond adults, also providing programs tailored for high school students entering their educational journey. These programs aim to instill leadership abilities and emphasize the significance of completing rigorous, defined courses of study. Furthermore, the Missouri Chamber Foundation facilitates a DOL grant, which assists companies in establishing or expanding registered apprenticeship programs.
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Impact
July, 2024
The Missouri Chamber Foundation's impact is profound in equipping Missourians with leadership skills and fostering community improvement. Through its leadership development program, individuals are provided with valuable information, skills, and contacts to enhance their effectiveness as leaders in both business and community settings. Additionally, the foundation offers programs that focus on instilling leadership skills in high school students, emphasizing the importance of pursuing rigorous courses of study.
Moreover, the foundation's facilitation of a Department of Labor (DOL) grant plays a crucial role in supporting IT companies in establishing or expanding registered apprenticeship programs. By providing financial reimbursement and fostering a network for knowledge sharing among participating companies, the Missouri Chamber Foundation contributes to the training of over 5,300 IT apprentices, enhancing workforce development in the state.
In summary, the Missouri Chamber Foundation's initiatives not only cultivate leadership capabilities among individuals but also drive economic growth and innovation through its support for IT apprenticeship programs, ultimately making a significant impact on the community and the state as a whole.
This information is meant to be a general summary of Missouri Chamber 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: $1,542
- Program Service Revenue: $164,498
- Gross Receipts: $2,620,173
Assets and Liabilities:
- Total Assets: $2,061,220
- Total Liabilities: $249,012
- Net Assets: $1,812,208
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEADERSHIP MISSOURI
Revenue
$70,720
SBTDC
Revenue
$12,493
SEMINARS
Revenue
$81,285
Organization Details
Founding Year
1964
Phone
(573) 634-3511Principal Officer
Dan Mehan
Main Address
428 E CAPITOL AVENUE, JEFFERSON CITY, MO, 65101
Website
www.mochamber.comNTEE Category
Code: S41 - Community improvement
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