Overview
What is Henderson Community Foundation Inc?
Henderson Community Foundation Inc is a nonprofit organization situated in Henderson, Nebraska. Their primary mission is to support and promote various civic, religious, and church-related activities within the community. They contribute to various initiatives, including Heartland Community Schools, scholarships, chorus, Henderson Health Care Services, Henderson Park Project, Henderson Heritage & Tourism, Grace Children's Home, area churches, and the local Chamber of Commerce. The foundation's work extends beyond education and healthcare, as they also contribute to heritage preservation and tourism. By doing so, Henderson Community Foundation Inc plays a vital role in strengthening and enriching the community life in Henderson, Nebraska.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
Henderson Community Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a satisfactory level of accountability and financial health. The rating is primarily based on their accountability metrics, where they scored exceptionally well in several areas, including having a fully independent board and no material diversion of assets. Their program expense ratio is notably high at 98.78%, suggesting that the majority of their funding goes directly to programs rather than administrative costs.
The organization demonstrates strong governance practices, such as documenting board meeting minutes and maintaining a low liabilities-to-assets ratio of 0.00%. This reflects a solid financial foundation and responsible management of resources, which may inspire confidence among potential donors and stakeholders. The independent board structure further enhances the transparency and accountability of the foundation.
However, despite these strengths, the overall score of 73% suggests that there may still be areas for improvement. While the charity excels in financial metrics, the Two-Star rating indicates that there may be limitations in other aspects of their operations or impact that could enhance their overall performance if addressed.
This AI summary has been generated from information found on Charity Navigator.
Is Henderson Community Foundation Inc legitimate?
Henderson Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henderson Community 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.
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What is the mission statement of Henderson Community Foundation Inc?
The Henderson Community Foundation Inc is committed to supporting and promoting civic, religious, and church activities in the community. Their mission involves actively promoting and backing various initiatives, such as Heartland Community Schools, scholarships, local choruses, healthcare services, the Henderson Park Project, heritage and tourism, Grace Children's Home, area churches, and the local Chamber of Commerce. In essence, they work to enhance the well-being and development of their community through these ventures.
Who is the CEO of Henderson Community Foundation Inc?
Richert Zach is the President of Henderson Community Foundation Inc.
What is the revenue of Henderson Community Foundation Inc?
Henderson Community Foundation Inc's revenue in 2022 was $33,982.
Who are the executives of Henderson Community Foundation Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Henderson Community Foundation Inc?
Henderson Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Henderson Community Foundation Inc
The Henderson Community Foundation Inc is dedicated to supporting and promoting civic, religious, and church activities within its community. This nonprofit organization's mission is to foster growth and development in various sectors within the community, with a particular focus on educational institutions, healthcare services, local heritage and tourism, children's homes, churches, and local businesses. The foundation works tirelessly to promote and support Heartland Community Schools, scholarships, and choruses. It also extends its support to Henderson Health Care Services, the Henderson Park Project, Grace Children's Home, and various area churches. Furthermore, the Henderson Community Foundation Inc plays an essential role in the local Chamber of Commerce, contributing to the overall well-being and progress of the community.
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Impact
August, 2024
Henderson Community Foundation Inc's impact is significant in supporting and promoting various initiatives in the Henderson area. They contribute to community schools, scholarships, choruses, healthcare services, park projects, heritage and tourism efforts, children's homes, churches, and the local chamber of commerce. Through their philanthropic endeavors, they play a crucial role in enhancing the overall well-being and development of the Henderson community.
This information is meant to be a general summary of Henderson Community 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: $1,626
- Program Service Revenue: $7,120
- Gross Receipts: $33,982
Assets and Liabilities:
- Total Assets: $215,875
- Total Liabilities: $0
- Net Assets: $215,875
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUNDRAISERS
Revenue
$7,120
Organization Details
Founding Year
1990
Phone
(402) 723-4900Principal Officer
Richert Zach
Main Address
PO BOX 116, HENDERSON, NE, 68371
NTEE Category
Code: T31 - Philanthropy
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