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Sibley Betterment Association

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

EIN: 474700358 ✦ Sibley, IA ✦ Designated as a 501(c)(3)

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Overview

What is Sibley Betterment Association?

The Sibley Betterment Association is a nonprofit organization that dedicates its efforts to charitable services. Their primary focus is on alleviating the responsibilities of the government and constructing or maintaining public structures, monuments, or facilities. Notably, they have been involved in the restoration of the Sibley Aquatic Center Pool and the organization of the annual Christmas Parade. Their activities aim to enhance community well-being and contribute to the overall improvement of public spaces.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, Two-Star out of Four Star rating.

The Sibley Betterment Association has received a 67% score, which designates it as a Two-Star charity. The organization demonstrates strong accountability and financial practices, with a perfect score for independent board members and no material diversion of assets. Additionally, it excels in program expenses, allocating 99.08% of its budget to its programs, indicating a commitment to its mission.

However, the organization faces notable challenges in governance practices, particularly due to the absence of a whistleblower policy and a document retention and destruction policy, which significantly impacted its overall score. Despite these limitations, the board's independence and well-documented meeting minutes indicate a level of transparency and accountability that is important for stakeholder trust.

In summary, while the Sibley Betterment Association shows a strong commitment to its programs and maintains a well-structured board, improvements in its governance policies are essential for enhancing its overall accountability and financial health. This combination of strengths and weaknesses reflects the complexities faced by nonprofits in balancing effective operations with rigorous oversight.


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

Is Sibley Betterment Association legitimate?

Sibley Betterment Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sibley Betterment Association 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 Sibley Betterment Association?

The Sibley Betterment Association is dedicated to providing charitable services, aiming to alleviate the responsibilities of government and construct or preserve public structures, monuments, or facilities. This organization plays an active role in various projects, such as the restoration of the Sibley Aquatic Center Pool and the management of the Christmas Parade Committee. Their mission is centered around contributing to the community by lessening governmental burdens and maintaining public infrastructures.

Who is the CEO of Sibley Betterment Association?

Brandon Krikke is the Director of Sibley Betterment Association.

What is the revenue of Sibley Betterment Association?

Sibley Betterment Association's revenue in 2023 was $50,083.

Who are the executives of Sibley Betterment Association and what are their salaries?


Here are 6 key members and their salaries:


Jeremy Zink (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Onken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Krikke (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Sembach (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alana Heying (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynelle Thinner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sibley Betterment Association?

Sibley Betterment Association's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Sibley Betterment Association

Sibley Betterment Association, a charitable organization, is committed to alleviating government burdens and enhancing public facilities. Their mission encompasses the construction, maintenance, and preservation of public buildings, monuments, and works. This nonprofit has undertaken several projects, such as the restoration of the Sibley Aquatic Center Pool and the organization of the Christmas Parade Committee, reflecting their dedication to improving community infrastructure and public spirit.

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Impact




August, 2024

The Sibley Betterment Association's impact includes spearheading charitable services to alleviate the burdens on the government and maintain public buildings, monuments, and works in Sibley, Iowa. Noteworthy projects undertaken by the association include the restoration of the Sibley Aquatic Center Pool and active participation in the Christmas Parade Committee. Through their initiatives, they contribute to the enhancement and upkeep of public infrastructure, fostering community engagement and pride in the city of Sibley.




This information is meant to be a general summary of Sibley Betterment Association. 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
$50,083 (2023)
Expenses
$170,741 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $6
  • Gross Receipts: $50,083

Assets and Liabilities:

  • Total Assets: $54,762
  • Total Liabilities: $37,100
  • Net Assets: $17,662

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Organization Details

Founding Year

2015

Principal Officer

Brandon Krikke

Main Address

302 - 9th Street, Sibley, IA, 51249

NTEE Category

Code: B90 - Education

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