Overview
What is Le Mars Area Betterment Foundation?
The Le Mars Area Betterment Foundation is a nonprofit organization situated at 50 Central Ave SE, Le Mars, Iowa. Its primary objective is to generate funds for grant distribution, addressing community needs, challenges, and opportunities. They also engage in constructing and maintaining public buildings, monuments, and works, thereby reducing the government's burden. The foundation fosters partnerships to identify and address quality-of-life improvements and enhancements for the Le Mars area. By raising funds, they support various not-for-profit organizations within the greater Le Mars area, ultimately aiming to enhance the lives of its residents.
Official website here: www.lemarsfoundation.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Le Mars Area Betterment Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting a score of 97%. This high rating indicates exceptional accountability and financial health, which is particularly noteworthy given that its overall score is based solely on its performance in these areas for the most recent fiscal year, FY2023.
One of the organization's strengths lies in its governance structure. The foundation has a completely independent board, which enhances its transparency and accountability. Additionally, there are no reported material diversions of assets, and it has successfully implemented several important policies, such as conflict of interest and whistleblower policies, contributing to its strong ethical foundation.
Moreover, the foundation demonstrates a significant commitment to program expenses, with a ratio of 94.63%, indicating that the majority of its funding is directed towards charitable programs rather than administrative costs. Overall, the foundation's strong financial management and governance practices are commendable, positioning it as a reliable nonprofit within its community.
This AI summary has been generated from information found on Charity Navigator.
Is Le Mars Area Betterment Foundation legitimate?
Le Mars Area Betterment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Le Mars Area Betterment Foundation 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:
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Official website here: www.lemarsfoundation.com/
What is the mission statement of Le Mars Area Betterment Foundation?
The Le Mars Area Betterment Foundation's mission is centered around raising funds to support various non-profit organizations in enhancing the quality of life for community members. The organization aims to address community needs, challenges, and opportunities by making grants and funding public projects. Additionally, it works towards lessening the burden on government and fostering partnerships to identify and address improvements and enhancements for the community. The foundation also contributes to the construction and maintenance of public buildings, monuments, and works in the area.
Official website here: www.lemarsfoundation.com/
Who is the CEO of Le Mars Area Betterment Foundation?
Dustin Wright is the Director of Le Mars Area Betterment Foundation.
Official website here: www.lemarsfoundation.com/
What is the revenue of Le Mars Area Betterment Foundation?
Le Mars Area Betterment Foundation's revenue in 2022 was $8,004.
Official website here: www.lemarsfoundation.com/
Who are the executives of Le Mars Area Betterment Foundation and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.lemarsfoundation.com/
Where can I find the form 990 for Le Mars Area Betterment Foundation?
Le Mars Area Betterment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lemarsfoundation.com/
Learn more at the official website: www.lemarsfoundation.com/
Mission Statement of Le Mars Area Betterment Foundation
The Le Mars Area Betterment Foundation, in its mission, aims to gather funds intended for various non-profit organizations within the broader Le Mars area. This organization strives to enhance the quality of life for the area's citizens by addressing community needs, challenges, and opportunities through grants. Additionally, the Le Mars Area Betterment Foundation contributes to the construction and maintenance of public buildings, monuments, and works. By lessening the burden on government and fostering partnerships, this foundation plays a crucial role in identifying and addressing quality of life improvements and enhancements for the Le Mars area.
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Impact
August, 2024
The Le Mars Area Betterment Foundation plays a crucial role in enhancing the quality of life for citizens in the greater Le Mars area. By raising funds and making grants in response to community needs, challenges, and opportunities, the foundation significantly impacts the improvement and development of public buildings, monuments, and works. Additionally, by lessening the burden on government resources and fostering partnerships, the foundation actively contributes to identifying and addressing quality of life enhancements for the community. Its commitment to community improvement is evident through its continuous efforts and support for various nonprofit organizations within the Le Mars area.
This information is meant to be a general summary of Le Mars Area Betterment Foundation. 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: $3,954
- Gross Receipts: $8,004
Assets and Liabilities:
- Total Assets: $1,723,387
- Total Liabilities: $0
- Net Assets: $1,723,387
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Organization Details
Founding Year
2014
Phone
(712) 546-3492Principal Officer
Dustin Wright
Main Address
50 CENTRAL AVE SE, LE MARS, IA, 51031
Website
www.lemarsfoundation.com/NTEE Category
Code: S20 - Community improvement
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