Overview
What is Chcs Foundation Inc?
Chattahoochee Hills Charter School's financial sustainability is backed by the Chcs Foundation Inc, a nonprofit organization based in Chattahoochee Hills, Georgia. The foundation plays a crucial role in owning and managing the educational facilities used by the school. It raises funds to cover the expenses associated with these facilities, acting as a landlord by leasing the premises to the school. Additionally, the foundation manages the bond debt secured by these facilities. In essence, the Chcs Foundation Inc is dedicated to ensuring the school has the necessary resources to provide quality education.
Is Chcs Foundation Inc legitimate?
Chcs Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chcs Foundation Inc 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
What is the mission statement of Chcs Foundation Inc?
The Chcs Foundation Inc's primary mission is to provide financial support and ownership for educational facilities. Specifically, they fund and manage the Chattahoochee Hills Charter School's educational facilities. The foundation manages the bond debt offering secured by these facilities, and the school rents the facilities from the foundation. The main objective of the Chcs Foundation Inc is to ensure the financial sustainability of the Chattahoochee Hills Charter School by providing essential funding for its educational facilities.
Who is the CEO of Chcs Foundation Inc?
Jessica Pessu is the President of Chcs Foundation Inc.
What is the revenue of Chcs Foundation Inc?
Chcs Foundation Inc's revenue in 2022 was -$90,318.
Who are the executives of Chcs Foundation Inc and what are their salaries?
There 6 volunteers at Chcs Foundation Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Chcs Foundation Inc?
Chcs Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chcs Foundation Inc
Chattahoochee Hills Charter School's Chcs Foundation Inc plays a crucial role in ensuring the financial sustainability of the educational institution. Their mission, in essence, revolves around providing funding and managing the ownership of the school's facilities. The foundation raises funds to support the school's educational needs, thereby acting as its benefactor. Notably, Chcs Foundation Inc owns the building where Chattahoochee Hills Charter School operates, and it allocates resources to maintain and upgrade the educational facilities. The school, in turn, rents these facilities from the foundation. Furthermore, Chcs Foundation Inc manages the bond debt offering secured by the facilities, demonstrating its commitment to the school's financial well-being. Overall, Chcs Foundation Inc's mission is instrumental in providing a conducive learning environment for Chattahoochee Hills Charter School's students.
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
Chcs Foundation Inc plays a vital role in enhancing the educational landscape in Chattahoochee Hills, GA, through its dedicated support of educational facilities. By providing funding and ownership of the buildings necessary for the Chattahoochee Hills Charter School, the foundation ensures that the school has the financial sustainability needed to thrive.
Through strategic management of bond debt offerings secured by these facilities, the foundation not only maintains but also enhances the physical learning environment for students. This financial backing allows the charter school to focus more on its educational mission rather than financial constraints, fostering a more effective learning atmosphere.
Ultimately, Chcs Foundation Inc's commitment to supporting educational infrastructure directly impacts the quality of education provided to students in the community, helping to create a stable and enriching environment for learning.
This information is meant to be a general summary of Chcs Foundation Inc. 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: $8,305
- Gross Receipts: $521,961
Assets and Liabilities:
- Total Assets: $7,068,176
- Total Liabilities: $6,990,000
- Net Assets: $78,176
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2012
Phone
(404) 863-9250Principal Officer
Jessica Pessu
Main Address
9670 RIVERTOWN ROAD 210, CHATTAHOOCHEE HILLS, GA, 30213
NTEE Category
Code: B99 - Education
If you are a representative of Chcs Foundation Inc 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.