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Common Fund Of The Heartland

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

EIN: 474023495 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

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Overview

What is Common Fund Of The Heartland?

Common Fund of the Heartland is a nonprofit organization situated in Omaha, Nebraska. Their primary mission is to effectively and equitably coordinate client-focused financial assistance, utilizing pooled resources. This approach aims to enhance the efficiency and effectiveness of community agencies, ultimately benefiting those in need. Specifically, they assisted households in paying their energy bills during the year 2020, demonstrating their dedication to providing direct assistance to the community.


Official website here: www.commonfundoftheheartland.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star rating.

Common Fund Of The Heartland has received a solid Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and financial health. This rating comes from a comprehensive assessment with a focus solely on accountability and finance metrics. The charity boasts a commendable program expense ratio of 89.26%, indicating that a significant portion of its expenditures directly supports its mission.

The organization benefits from a fully independent board, with 100% of its members meeting this criterion. Additionally, it has scored perfectly in several key areas such as material diversion of assets and maintaining board meeting documentation. However, there are some areas for improvement, including the absence of a whistleblower policy and document retention procedures, which were noted as missing in their evaluation.

Overall, while Common Fund Of The Heartland demonstrates strong operational practices and effective financial management, addressing the gaps in governance policies could further enhance its transparency and accountability to stakeholders.


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

Is Common Fund Of The Heartland legitimate?

Common Fund Of The Heartland is a legitimate nonprofit organization registered as a 501(c)(3) entity. Common Fund Of The Heartland 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.commonfundoftheheartland.org/

What is the mission statement of Common Fund Of The Heartland?

The Common Fund of the Heartland's mission is to efficiently and equitably coordinate client-focused financial assistance, ensuring measurable results. This mission empowers community agencies to improve their service delivery by utilizing pooled resources. By doing so, they aim to enhance the effectiveness of these services, ultimately benefiting those in need. In 2020, the organization provided direct assistance to households, helping them pay their energy bills.


Official website here: www.commonfundoftheheartland.org/

Who is the CEO of Common Fund Of The Heartland?

Tammy Green is the President of Common Fund Of The Heartland.


Official website here: www.commonfundoftheheartland.org/

What is the revenue of Common Fund Of The Heartland?

Common Fund Of The Heartland's revenue in 2021 was $0.


Official website here: www.commonfundoftheheartland.org/

Who are the executives of Common Fund Of The Heartland and what are their salaries?


Here are 3 key members and their salaries:


Tammy Green (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Matheny (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Lovrien (Interim Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.commonfundoftheheartland.org/

Where can I find the form 990 for Common Fund Of The Heartland?

Common Fund Of The Heartland's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.commonfundoftheheartland.org/

Learn more at the official website: www.commonfundoftheheartland.org/

Mission Statement of Common Fund Of The Heartland

Common Fund of the Heartland is an organization dedicated to efficiently and equitably coordinating client-focused financial assistance. Their mission is to measure results and empower community agencies to provide more effective services by pooling resources. This approach allows the organization to help more individuals and families in need, particularly in paying their energy bills during challenging times. Through this initiative, Common Fund of the Heartland aims to make a significant impact in the lives of its clients, empowering community agencies to deliver improved services and ultimately, fostering a more sustainable and equitable community.

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Impact




October, 2024

Common Fund Of The Heartland has a significant impact on the community by efficiently and equitably coordinating financial assistance that is tailored to the needs of clients. By pooling resources, it empowers local agencies to enhance their service delivery. In 2020, for instance, the organization directly aided households in meeting their energy bill obligations, helping to alleviate financial stress and promote stability. This client-focused approach not only measures results but also fosters collaboration among community agencies, leading to more effective support for individuals and families in need. Through its efforts, the Common Fund Of The Heartland plays a crucial role in strengthening the overall capacity of the community to respond to financial hardships.




This information is meant to be a general summary of Common Fund Of The Heartland. 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
$0 (2021)
Expenses
$90,015 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $0
    • Net Assets: $0

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    Organization Details

    Founding Year

    2015

    Principal Officer

    Tammy Green

    Main Address

    PO BOX 45922, OMAHA, NE, 68144

    NTEE Category

    Code: P60 - Human services

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