Overview
What is Community Matters Foundation?
The Community Matters Foundation is a charitable organization situated in Sussex County, Delaware. Their primary mission is to uplift the local community by arranging concerts at Hudson Fields, which serve as fundraising events for various worthy causes. By doing so, the foundation aims to extend assistance to the residents of Sussex County, demonstrating their commitment to community betterment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 60%)
The Community Matters Foundation has received a Two-Star rating from Charity Navigator, indicating that it needs improvement in its accountability and finance practices. The overall score of 60% reflects a mix of strengths and weaknesses in governance. While the organization scores well on having an independent board and maintaining a favorable liabilities to assets ratio, it falls short in transparency and policy implementation, particularly in areas such as conflict of interest and whistleblower protections.
Strengths noted include the organization’s high score for its program expense ratio and material diversion of assets, indicating that it effectively allocates funds towards its mission. However, the foundation's lack of an independent board size and failure to post essential documents, such as meeting minutes and tax forms on its website, raise concerns about its governance practices.
The weaknesses in transparency and organizational policies suggest that potential donors and stakeholders should proceed with caution. Improved practices in document retention and conflict of interest policies could enhance the foundation's accountability and reputation moving forward. Overall, while there are commendable aspects, significant gaps in governance need to be addressed for the organization to improve its standing.
This AI summary has been generated from information found on Charity Navigator.
Is Community Matters Foundation legitimate?
Community Matters Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Matters 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Community Matters Foundation?
The Community Matters Foundation's mission is centered around assisting residents in need. They achieve this by organizing concerts at Hudson Fields, serving as a platform to raise funds for various charitable causes. The foundation's activities primarily aim to make a positive impact on the lives of those residing in the community. By hosting these events, they manage to generate resources that can be directed towards various charitable organizations, thereby extending their reach and impact. The foundation's primary objective is to contribute to the betterment of the community through its concert-based fundraising efforts.
Who is the CEO of Community Matters Foundation?
Alex Pires is the President of Community Matters Foundation.
What is the revenue of Community Matters Foundation?
Community Matters Foundation's revenue in 2022 was $1,387,866.
Who are the executives of Community Matters Foundation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Community Matters Foundation?
Community Matters Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Matters Foundation
The Community Matters Foundation, a nonprofit organization, is committed to assisting the residents of Sussex County Delaware. They achieve this mission by hosting concerts at Hudson Fields, a venue that serves as a platform for fundraising activities. The primary objective of these events is to generate funds for various charitable causes, thereby extending a helping hand to the community members in need. By organizing these concerts, the Community Matters Foundation plays a significant role in uplifting the lives of individuals in Sussex County Delaware.
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Impact
July, 2024
Community Matters Foundation's impact is significant in helping residents of Sussex County, Delaware. Through hosting concerts at Hudson Fields to raise money for charities, the foundation actively supports various human services initiatives in the community. This direct engagement and fundraising efforts play a crucial role in improving the lives of individuals in Sussex County, making a positive difference in the area.
This information is meant to be a general summary of Community Matters 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: $966
- Program Service Revenue: $1,335,590
- Gross Receipts: $1,399,205
Assets and Liabilities:
- Total Assets: $390,941
- Total Liabilities: $23,000
- Net Assets: $367,941
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERT- BETTE FEST
Revenue
$707,427
CONCERT- CODY JOHNSON
Revenue
$628,163
Organization Details
Founding Year
2015
Phone
(302) 227-3888Principal Officer
Alex Pires
Main Address
CO ALEX PIRES 113 DICKINSON STREE, DEWEY BEACH, DE, 19971
NTEE Category
Code: P20 - Human services
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