Overview
What is Clermont County Chamber Of Commerce Foundation?
The Clermont County Chamber of Commerce Foundation is a nonprofit organization situated in Cincinnati, Ohio. Their primary focus lies in championing the educational, economic development, and community service initiatives of the Clermont Chapter. Through programs like their Lead Clermont Leadership Program, they have successfully graduated over 25 students and recognized approximately 25 community leaders at their annual Salute to Leaders event. By providing education and training to leaders from various sectors, including public, private, and non-profit, the foundation aims to foster activities that align with its purpose, thereby enhancing community development in Clermont County.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
The Clermont County Chamber Of Commerce Foundation has achieved an impressive 94% score, indicating strong performance in accountability and financial health. This rating reflects a commitment to transparency and effective management, with the organization demonstrating a 100% independent board and no material diversion of assets. Such factors contribute to a robust governance structure, which is crucial for establishing trust with donors and the community.
The foundation's financial strategies are also commendable, with a program expense ratio of 83.55%, suggesting that a significant portion of its funds is directed towards its mission-driven programs. Additionally, the organization maintains sound fiscal health with a liabilities-to-assets ratio of just 1.82%, indicating a low level of debt and financial stability. This focus on operational efficiency and accountability is a positive indicator for potential supporters.
While the data indicates strong governance and financial performance, it is important for potential donors to consider how the foundation prioritizes its program outcomes and community impact. Continued engagement and transparency in these areas will be vital for maintaining and enhancing its reputation and effectiveness within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Clermont County Chamber Of Commerce Foundation legitimate?
Clermont County Chamber Of Commerce Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clermont County Chamber Of Commerce 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: $7,508
For more financial information, click here
What is the mission statement of Clermont County Chamber Of Commerce Foundation?
The Clermont County Chamber of Commerce Foundation's mission is centered around promoting educational, economic development, and community service initiatives. It achieves this by providing education and training to leaders from various sectors, including public, private, and non-profit, to conduct activities aligned with these purposes. The foundation has significantly contributed to enhancing the human capacity for community development in Clermont County through programs like the Lead Clermont Leadership Program and the Salute to Leaders event, which recognizes community leaders. These initiatives have played a crucial role in fostering growth and development in the community.
Who is the CEO of Clermont County Chamber Of Commerce Foundation?
Joy Lytle is the Member of Clermont County Chamber Of Commerce Foundation.
What is the revenue of Clermont County Chamber Of Commerce Foundation?
Clermont County Chamber Of Commerce Foundation's revenue in 2021 was $71,383.
Who are the executives of Clermont County Chamber Of Commerce Foundation and what are their salaries?
There 90 volunteers at Clermont County Chamber Of Commerce Foundation.
Here are 9 key members and their salaries:
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- Related: $112,167
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Where can I find the form 990 for Clermont County Chamber Of Commerce Foundation?
Clermont County Chamber Of Commerce Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Clermont County Chamber Of Commerce Foundation
The Clermont County Chamber of Commerce Foundation is committed to championing educational, economic development, and community service initiatives within its sphere. Its primary mission is to provide education and training to leaders from various sectors, including public, private, and non-profit organizations. This mission is geared towards encouraging these leaders to engage in activities that align with the foundation's purpose.
Through its activities, the Clermont County Chamber of Commerce Foundation aims to enhance the human capacity for community development. One of its notable achievements is the successful completion of the Lead Clermont Leadership Program, which has graduated over 25 students. Additionally, the foundation recognizes approximately 25 community leaders at its annual Salute to Leaders event, further contributing to the development of the community. By providing education and training to these leaders, the foundation fosters a culture of community-oriented activities and initiatives.
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Impact
August, 2024
The Clermont County Chamber Of Commerce Foundation has made a significant impact on the educational, economic development, and community service initiatives of the Clermont chapter. By championing these causes, the foundation has successfully graduated over 25 leaders from the Lead Clermont leadership program and recognized approximately 25 community leaders through events like Salute to Leaders. As a result, the human capacity for community development in Clermont County has been greatly enhanced.
This information is meant to be a general summary of Clermont County Chamber Of Commerce 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 2021.
- Investment Income: $14
- Program Service Revenue: $77,700
- Gross Receipts: $302,458
Assets and Liabilities:
- Total Assets: $111,485
- Total Liabilities: $0
- Net Assets: $111,485
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEAD TUITION
Revenue
$77,700
Organization Details
Founding Year
2011
Phone
(513) 576-5003Principal Officer
Joy Lytle
Main Address
4355 FERGUSON DR 150, CINCINNATI, OH, 45245
NTEE Category
Code: T30 - Philanthropy
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