Overview
What is South Dakota Farmers Union Foundati?
The South Dakota Farmers Union Foundation is a nonprofit organization situated in Huron, South Dakota. Its primary purpose is to offer educational opportunities, focusing mainly on agriculture and cooperative organizations. To achieve this, they organize youth camps and grant scholarships to members pursuing a career in agriculture. By doing so, the foundation aims to enhance the knowledge and skills of its members in these respective fields.
Official website here: www.sdfufoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The South Dakota Farmers Union Foundation has received a rating of 83%, which places it in the Three-Star category based on its accountability and financial health. This score reflects a strong emphasis on accountability and finance, with a high program expense ratio of 95.49%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs.
Strengths of the organization include its fully independent board members, scoring 10 out of 10, and a perfect score regarding material diversion of assets. Additionally, the foundation has demonstrated responsible financial management, evidenced by a low liabilities to assets ratio of 7.94%. However, it should be noted that the organization is lacking certain policies, specifically a whistleblower policy and a document retention and destruction policy, which received zero points.
On the transparency front, the foundation's website does not include its tax form, which is another area for improvement. Overall, while the South Dakota Farmers Union Foundation maintains strong fiscal accountability, addressing the missing policies and enhancing transparency could further bolster its standing and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is South Dakota Farmers Union Foundati legitimate?
South Dakota Farmers Union Foundati is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Dakota Farmers Union Foundati 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.sdfufoundation.org
What is the mission statement of South Dakota Farmers Union Foundati?
The South Dakota Farmers Union Foundation's mission is centered around providing educational opportunities for its members. This is achieved through various means, such as organizing youth camps and offering scholarships to individuals pursuing a career in agriculture. The foundation's primary objective is to promote education in the fields of agriculture and cooperative organizations. The funds raised by the foundation are primarily utilized to support educational initiatives within these domains.
Official website here: www.sdfufoundation.org
Who is the CEO of South Dakota Farmers Union Foundati?
Doug Sombke is the President of South Dakota Farmers Union Foundati.
Official website here: www.sdfufoundation.org
What is the revenue of South Dakota Farmers Union Foundati?
South Dakota Farmers Union Foundati's revenue in 2022 was $138,570.
Official website here: www.sdfufoundation.org
Who are the executives of South Dakota Farmers Union Foundati and what are their salaries?
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $193,850
- Other: $36,753
- Compensation: $0
- Related: $108,430
- Other: $0
- Compensation: $0
- Related: $2,800
- Other: $0
- Compensation: $0
- Related: $2,700
- Other: $0
- Compensation: $0
- Related: $2,700
- Other: $0
- Compensation: $0
- Related: $2,500
- Other: $0
- Compensation: $0
- Related: $2,300
- Other: $0
- Compensation: $0
- Related: $2,100
- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
- Compensation: $0
- Related: $1,900
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sdfufoundation.org
Where can I find the form 990 for South Dakota Farmers Union Foundati?
South Dakota Farmers Union Foundati's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sdfufoundation.org
Learn more at the official website: www.sdfufoundation.org
Mission Statement of South Dakota Farmers Union Foundati
The South Dakota Farmers Union Foundation, a nonprofit organization, is dedicated to providing educational opportunities for its members. Its mission is focused on two key areas: agriculture and cooperative organizations. Through conducting youth camps and offering scholarships to members pursuing a career in agriculture, the foundation aims to equip its members with the necessary knowledge and skills in these fields. The monies raised by the foundation are primarily utilized to fund these educational initiatives, thereby empowering its members to contribute positively to the agriculture sector and cooperative organizations.
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
October, 2024
The South Dakota Farmers Union Foundation significantly impacts the agricultural community by providing essential educational opportunities. Through youth camps, the foundation fosters a deeper understanding of agriculture and cooperative organizations among young people. Additionally, it offers scholarships to support members pursuing careers in agriculture, ensuring they have the resources needed to succeed. The foundation's funding is dedicated to enhancing knowledge and skills in these critical areas, ultimately strengthening the future of agriculture in South Dakota. By investing in education, the foundation empowers the next generation of agricultural leaders and promotes sustainable practices within the industry.
This information is meant to be a general summary of South Dakota Farmers Union Foundati. 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: -$4,092
- Gross Receipts: $238,918
Assets and Liabilities:
- Total Assets: $1,092,180
- Total Liabilities: $86,796
- Net Assets: $1,005,384
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1999
Phone
(605) 352-6761Principal Officer
Doug Sombke
Main Address
1410 DAKOTA AVE S, HURON, SD, 57350
Website
www.sdfufoundation.orgNTEE Category
Code: B82 - Education
If you are a representative of South Dakota Farmers Union Foundati 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.