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Marshfield Area Community Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473441083 ✦ Marshfield, WI ✦ Designated as a 501(c)(3)

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Overview

What is Marshfield Area Community Foundation Inc?

Marshfield Area Community Foundation Inc is a nonprofit organization situated in Marshfield, Wisconsin. With a modest workforce of two individuals, their primary objective is to bridge the gap between individuals who are passionate about making a difference and causes that positively impact the Marshfield community. By adhering to the donor-imposed restrictions, they distribute funds for scholarships and grants, primarily focusing on educational, recreational, artistic, conservation, and community development projects. Their mission involves fostering connections that enrich the quality of life in the Marshfield area, thereby ensuring a vibrant and thriving community.


Official website here: www.marshfield.foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93%, Four-Star out of Four Star rating.

The Marshfield Area Community Foundation Inc has achieved a high rating reflecting its strong performance in accountability and finance, scoring 95%. With 100% of its board members being independent, the organization demonstrates robust governance practices. Key financial metrics indicate a strong program expense ratio of 91.16% and an impressive fundraising efficiency ratio of only $0.01, underscoring their effective use of resources to fulfill their mission.

While the foundation excels in various financial aspects, it has received a culture and community score of 75, indicating some areas for improvement in community engagement and social equity strategies. Nonetheless, the organization is noted for its transparency, having listed essential documents and policies on its website, which strengthens stakeholder confidence. Overall, the Marshfield Area Community Foundation Inc appears to be a reputable and effective nonprofit dedicated to its community.


This AI summary has been generated from information found on Charity Navigator.

Is Marshfield Area Community Foundation Inc legitimate?

Marshfield Area Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marshfield Area 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: $71,622
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,501

For more financial information, click here


Official website here: www.marshfield.foundation

What is the mission statement of Marshfield Area Community Foundation Inc?

The Marshfield Area Community Foundation Inc's mission is centered around connecting individuals who are passionate about making a difference with causes that positively impact their community's quality of life. By doing so, they aim to distribute funds to various organizations and individuals for educational, recreational, artistic, conservation, and community development projects, all thanks to the donor-imposed restrictions. This non-profit organization serves as a bridge between those who care and the causes that matter, ultimately enriching the community as a whole.


Official website here: www.marshfield.foundation

Who is the CEO of Marshfield Area Community Foundation Inc?

Stacey Schultz is the Immediate Past President of Marshfield Area Community Foundation Inc.


Official website here: www.marshfield.foundation

What is the revenue of Marshfield Area Community Foundation Inc?

Marshfield Area Community Foundation Inc's revenue in 2022 was $1,573,479.


Official website here: www.marshfield.foundation

Who are the executives of Marshfield Area Community Foundation Inc and what are their salaries?

The average compensation at Marshfield Area Community Foundation Inc during 2022 was $55,562. There are 2 employees and 25 volunteers at Marshfield Area Community Foundation Inc.


Here are 16 key members and their salaries:


Terry Frankland (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Brian Parker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Casperson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Gropp (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Bauer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Boernke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Rev Laurie Brubaker-Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Belongia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Veale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Schulein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Ryan Christianson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Damerell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Halan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Iniguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Bartelt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Schultz (Executive Director)
  • Compensation: $71,622
  • Related: $0
  • Other: $2,149


Official website here: www.marshfield.foundation

Where can I find the form 990 for Marshfield Area Community Foundation Inc?

Marshfield Area Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.marshfield.foundation

Learn more at the official website: www.marshfield.foundation

Mission Statement of Marshfield Area Community Foundation Inc

Marshfield Area Community Foundation Inc, an organization dedicated to making a difference, aims to connect individuals who are passionate about making a change with causes that resonate with enhancing the quality of life in their community. Their mission is multifaceted, encompassing the distribution of funds to diverse individuals and organizations for various purposes. These purposes include educational, recreational, artistic, conservation, and community development initiatives. The foundation adheres to the stipulations set by the donor funds, ensuring that the contributions are utilized effectively and in line with the donors' intentions. By bridging this gap, Marshfield Area Community Foundation Inc plays a crucial role in enriching the lives of its community members.

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Impact




July, 2024

Marshfield Area Community Foundation Inc plays a vital role in enriching the quality of life in the Marshfield area by connecting individuals who care with causes that matter. Through its philanthropic efforts, the foundation distributes funds to various people and organizations for scholarships and grants. These funds are directed towards educational, recreational, artistic, conservation, and community development purposes, based on the specific restrictions of donor funds. As a result, Marshfield Area Community Foundation Inc has a tangible impact on supporting the community's growth and well-being.




This information is meant to be a general summary of Marshfield Area 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.

Revenue
$1,573,479 (2022)
Expenses
$1,972,737 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $349,557
  • Gross Receipts: $8,090,035

Assets and Liabilities:

  • Total Assets: $13,640,166
  • Total Liabilities: $357,891
  • Net Assets: $13,282,275

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Organization Details

Founding Year

2016

Principal Officer

Stacey Schultz

Main Address

211 E SECOND ST, MARSHFIELD, WI, 54449

NTEE Category

Code: T31 - Philanthropy

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