Overview
What is Papillion Community Foundation Inc?
Papillion Community Foundation Inc, based at 109 N Washington St, Papillion, NE 68046, is a small nonprofit organization with a dedicated workforce of two individuals. Their primary mission is to uplift the community of Papillion, Nebraska, by identifying and supporting local initiatives and organizations that cater to the betterment of veterans in need. Their activities are geared towards enhancing the overall quality of life in the area, demonstrating their commitment to community development.
Official website here: www.papillionfoundation.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 71%)
The Papillion Community Foundation Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations and financial management. While the foundation excels in areas such as governance, with a fully independent board and well-established policies, it faces significant challenges in transparency, particularly regarding its financial statements.
The organization has strong accountability measures in place, including documented board meeting minutes and a conflict of interest policy. However, it has not provided financial statements, which is a critical component for evaluating the foundation's financial health and sustainability. Despite having a reasonable liabilities to assets ratio (0.46%), the low score in program expense ratio (58.94%) suggests that the foundation may not be allocating sufficient resources directly toward its mission-related programs.
In summary, while the Papillion Community Foundation demonstrates strong governance and accountability practices, the lack of transparency in financial reporting is a notable limitation. Stakeholders may want to seek additional information on how funds are utilized to better assess the foundation's impact and effectiveness in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Papillion Community Foundation Inc legitimate?
Papillion Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Papillion 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $77,360
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,600
For more financial information, click here
Official website here: www.papillionfoundation.org/
What is the mission statement of Papillion Community Foundation Inc?
The Papillon Community Foundation Inc's mission involves identifying and fostering community programs that contribute to enhancing the quality of life. This mission is carried out by developing and supporting these initiatives, aiming to bring about positive changes in the community. In addition, the foundation also supports local individuals and small organizations that work towards assisting veterans in need. The overall goal is to contribute to the betterment of the community and those in need within it.
Official website here: www.papillionfoundation.org/
Who is the CEO of Papillion Community Foundation Inc?
Joseph Hunter is the Marketing Manager of Papillion Community Foundation Inc.
Official website here: www.papillionfoundation.org/
What is the revenue of Papillion Community Foundation Inc?
Papillion Community Foundation Inc's revenue in 2022 was $688,923.
Official website here: www.papillionfoundation.org/
Who are the executives of Papillion Community Foundation Inc and what are their salaries?
The average compensation at Papillion Community Foundation Inc during 2022 was $41,480. There are 2 employees and 50 volunteers at Papillion Community Foundation Inc.
Here are 16 key members and their salaries:
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Official website here: www.papillionfoundation.org/
Where can I find the form 990 for Papillion Community Foundation Inc?
Papillion Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.papillionfoundation.org/
Learn more at the official website: www.papillionfoundation.org/
Mission Statement of Papillion Community Foundation Inc
Papillion Community Foundation Inc, as its mission statement suggests, is dedicated to identifying, developing, and supporting community programs that contribute to enhancing the overall quality of life in its surrounding areas. This nonprofit organization aims to uplift its community by backing local initiatives and organizations that cater to this purpose.
In essence, the foundation serves as a catalyst for positive change, investing in projects and programs that align with its mission. By doing so, it strives to foster a sense of well-being and improvement within the community it serves.
Moreover, the foundation's focus extends to supporting local individuals and small organizations that work towards aiding veterans in need. The 50 Mile March Foundation, a part of Papillion Community Foundation Inc, is specifically committed to this cause. By providing assistance to these veterans, the foundation aims to contribute to their well-being and ensure they have the support they need to lead fulfilling lives.
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Impact
July, 2024
The Papillion Community Foundation Inc has a significant impact on the city of Papillion, Nebraska. Through its efforts to identify, develop, and support community programs, the foundation plays a vital role in enhancing the quality of life for residents. One notable initiative, the 50 Mile March Foundation, focuses on supporting local individuals and small organizations that assist in bettering the lives of veterans in need. By addressing the needs of this vulnerable population, the foundation contributes to the overall well-being of the community.
This information is meant to be a general summary of Papillion 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: $1,690
- Program Service Revenue: $438,252
- Gross Receipts: $688,923
Assets and Liabilities:
- Total Assets: $532,434
- Total Liabilities: $0
- Net Assets: $532,434
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Organization Details
Founding Year
1997
Phone
(402) 949-9284Principal Officer
Joseph Hunter
Main Address
109 N WASHINGTON ST, PAPILLION, NE, 68046
Website
www.papillionfoundation.org/NTEE Category
Code: N20 - Recreation
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