Overview
What is Sioux County Foundation Inc?
The Sioux County Foundation Inc, headquartered in Harrison, NE, is a nonprofit organization dedicated to enhancing the welfare of Sioux County's residents. Its primary mission involves managing and distributing funds for charitable and educational purposes. By granting resources to local organizations, governments, and individuals, the foundation supports various causes, including senior centers, scholarships, fire departments, honor flights, historical societies, and libraries. The Sioux County Foundation's efforts aim to foster mental, moral, intellectual, artistic, and physical improvement, as well as overall well-being, among the community members and those in neighboring areas of Nebraska. The organization is led by John H Skadahl.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 16% (Zero-Star out of Four Star Rating)
The Sioux County Foundation Inc has received a low rating of 16%, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members, which is a critical factor in ensuring unbiased governance. Furthermore, there are several missing policies related to conflict of interest, whistleblower procedures, and document retention, all of which contribute to its low score.
While the foundation has not experienced material diversion of assets and does maintain meeting minutes, its overall financial transparency and governance structures are deficient. The liabilities to assets ratio is recorded as 0.00%, suggesting potential issues with financial management and oversight. Additionally, the absence of a publicly accessible tax form on its website raises concerns about transparency.
Overall, the Sioux County Foundation Inc has several weaknesses that need to be addressed to improve its rating and build trust with stakeholders. Without independent oversight and essential governance policies, the foundation may struggle to demonstrate financial integrity and accountability to its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Sioux County Foundation Inc legitimate?
Sioux County Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sioux County 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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Official website here: www.none
What is the mission statement of Sioux County Foundation Inc?
The Sioux County Foundation Inc's mission is to manage and distribute funds for charitable and educational purposes, aiming to enhance the mental, moral, intellectual, artistic, and physical well-being of various communities. The foundation, in its discretion, grants funds to local organizations, governments, and individuals, including but not limited to, cities, senior centers, historical societies, libraries, honor flights, scholarships, and fire departments. The goal is to promote improvement and betterment in these communities.
Official website here: www.none
Who is the CEO of Sioux County Foundation Inc?
John H Skadahl is the Director/President of Sioux County Foundation Inc.
Official website here: www.none
What is the revenue of Sioux County Foundation Inc?
Sioux County Foundation Inc's revenue in 2022 was $61,297.
Official website here: www.none
Who are the executives of Sioux County Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Sioux County Foundation Inc
Sioux County Foundation, a philanthropic organization, is committed to administering and distributing funds for charitable and educational purposes. The primary goal of this foundation is to foster the mental, moral, intellectual, artistic, and physical improvement and well-being of individuals. In line with this mission, the foundation provides financial support to local organizations, governments, and individuals. The types of causes that receive funding from Sioux County Foundation include, but are not limited to, senior centers, historical societies, libraries, honor flights, scholarships, and fire departments. The board of directors of the foundation has the discretion to determine which projects align with their mission to promote the betterment of the community.
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Impact
August, 2024
Sioux County Foundation Inc's impact is significant in promoting the well-being of the inhabitants of Sioux County, Nebraska, and surrounding areas. The foundation awards grants to various local organizations, governments, and individuals supporting causes such as senior centers, scholarships, fire departments, honor flights, historical societies, and libraries. By administering and disbursing funds for charitable and educational purposes, the foundation plays a vital role in promoting mental, moral, intellectual, artistic, and physical improvement in the community. Under the leadership of John H Skadahl, the Sioux County Foundation Inc makes a tangible difference in enhancing the quality of life for the residents of Sioux County and beyond.
This information is meant to be a general summary of Sioux County 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: $39,772
- Gross Receipts: $169,292
Assets and Liabilities:
- Total Assets: $1,337,455
- Total Liabilities: $0
- Net Assets: $1,337,455
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Organization Details
Founding Year
1996
Phone
(308) 668-2466Principal Officer
John H Skadahl
Main Address
PO Box 156, Harrison, NE, 693460156
Website
www.noneNTEE Category
Code: T31 - Philanthropy
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