Overview
What is Boreal Community Media?
Boreal Community Media is a nonprofit organization situated in Grand Marais, Minnesota. It serves a diverse member base, encompassing educational institutions, other nonprofits, individuals, and businesses within Cook County. The organization's primary mission is to facilitate the dissemination of local news and information about community activities, aiming to foster connections between residents and visitors. To achieve this, Boreal Community Media offers web page rentals and provides technical computer support to its members. In the current year, they have extended their services to nearly 1,200 members. With a modest workforce of three individuals, Boreal Community Media plays a significant role in keeping the community informed and connected.
Official website here: www.boreal.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Boreal Community Media has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance primarily in Accountability & Finance with a score of 76%. The rating emphasizes the organization's commitment to transparency and responsible financial management, indicated by high marks for independent board membership and the absence of material asset diversion.
Strengths of Boreal Community Media include a fully independent board and a strong financial ratio, with 72.84% of its expenses dedicated to programs. The organization demonstrates effective oversight and governance practices, as evidenced by the availability of board meeting minutes and a transparent tax form listing on its website.
However, there are notable limitations in the governance policies of the organization. Boreal Community Media is missing critical policies, such as a conflict of interest policy and whistleblower policy, which may impact stakeholders' trust. These areas warrant attention to enhance the overall governance framework and align with best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Boreal Community Media legitimate?
Boreal Community Media is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boreal Community Media 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: $13,170
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,316
For more financial information, click here
Official website here: www.boreal.org
What is the mission statement of Boreal Community Media?
Boreal Community Media serves a vital role in its community by providing local news, disseminating information about community events, and fostering connections between residents and visitors. The organization offers web page rentals and technical support in computer-related matters to its members, which encompasses educational institutions, nonprofit organizations, individuals, and businesses within Cook County, Minnesota. During the current year, Boreal Community Media extended its services to nearly 1200 members, thereby strengthening the local community's information network.
Official website here: www.boreal.org
Who is the CEO of Boreal Community Media?
Jeff Latz is the Executive Di of Boreal Community Media.
Official website here: www.boreal.org
What is the revenue of Boreal Community Media?
Boreal Community Media's revenue in 2022 was $93,106.
Official website here: www.boreal.org
Who are the executives of Boreal Community Media and what are their salaries?
The average compensation at Boreal Community Media during 2022 was $10,162. There are 3 employees at Boreal Community Media.
Here are 5 key members and their salaries:
- Compensation: $13,170
- 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
Official website here: www.boreal.org
Where can I find the form 990 for Boreal Community Media?
Boreal Community Media's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.boreal.org
Learn more at the official website: www.boreal.org
Mission Statement of Boreal Community Media
Boreal Community Media, as an organization, is dedicated to serving its community by providing local news and information about community activities. Its mission is to establish connections between residents and visitors, acting as a bridge between various educational institutions, nonprofit organizations, individuals, and businesses within Cook County, Minnesota. To fulfill this mission, Boreal Community Media offers web page rentals and technical support in computer services to its members. During the current year, the organization has extended its services to nearly 1,200 members, demonstrating its commitment to fostering communication and engagement within its community.
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Impact
October, 2024
Boreal Community Media plays a significant role in enhancing community engagement and access to information in Cook County, Minnesota. By providing local news and updates on community activities, it fosters a sense of connection among residents and visitors alike. With services tailored to nearly 1,200 members, including educational institutions, businesses, and individuals, the organization supports the dissemination of essential information and resources.
Through its offerings of web page rentals and technical support, Boreal Community Media empowers local entities to maintain an online presence, facilitating improved communication and outreach. This contribution not only strengthens the local economy by supporting businesses but also enriches the overall community culture by keeping everyone informed about events and opportunities. In this way, Boreal Community Media serves as a vital hub for connectivity and information, greatly impacting the vitality and cohesion of the Grand Marais area and the broader Cook County community.
This information is meant to be a general summary of Boreal Community Media. 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: $336
- Program Service Revenue: $72,671
- Gross Receipts: $93,106
Assets and Liabilities:
- Total Assets: $182,378
- Total Liabilities: $1,247
- Net Assets: $181,131
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ACCESS FEE INCOME
Revenue
$72,671
Organization Details
Founding Year
2012
Phone
(218) 387-9471Principal Officer
Jeff Latz
Main Address
PO BOX 1269, GRAND MARAIS, MN, 55604
Website
www.boreal.orgNTEE Category
Code: W99 - Public benefit
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