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Banderas Bay Charities Inc

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

EIN: 474752247 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Banderas Bay Charities Inc?

Banderas Bay Charities Inc is a dedicated nonprofit organization based in Portland, Oregon, with a strong commitment to supporting the local community surrounding the Bay of Banderas, including Puerto Vallarta. Their mission is to enhance educational and economic opportunities, ultimately improving the quality of life for residents. They accomplish this by collaborating closely with local communities. Their initiatives include providing free dental care for elementary school students, offering medical assistance to those whose needs exceed national healthcare coverage, promoting recycling, beautifying streets, teaching English, and assisting with Spanish reading and writing for students who are struggling. They invested $237,802 in purchasing a community center, which they lease for a symbolic $1 per year. This center serves as a base for their various programs that aim to uplift the community.


Official website here: www.bbcinc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Star rating)

Banderas Bay Charities Inc has received an 86% score from Charity Navigator, indicating a solid performance in terms of accountability and finance. The charity's high program expense ratio of 96.91% suggests that a significant portion of its resources is directed towards its programs, which is a positive indicator of its effectiveness and commitment to its mission.

The organization boasts a fully independent board, which is a key strength in maintaining transparency and governance. Additionally, it has no material diversion of assets and adheres to good practices by listing documents such as its tax form and meeting minutes on its website. However, there are notable gaps in its policies, particularly the absence of a whistleblower policy and document retention and destruction policies, which may raise concerns about its internal controls.

Overall, while Banderas Bay Charities Inc shows commendable financial health and accountability through its independent board and program spending, the lack of certain essential policies could be seen as a limitation that might need to be addressed to enhance its governance framework further.


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

Is Banderas Bay Charities Inc legitimate?

Banderas Bay Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Banderas Bay Charities 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bbcinc.org

What is the mission statement of Banderas Bay Charities Inc?

Banderas Bay Charities Inc's mission is centered around enhancing educational and economic opportunities, aiming to improve the quality of life for communities beyond the Bay of Banderas. The organization works in collaboration with these communities to achieve this goal. They provide various services such as free dental care for students, medical assistance for locals with unmet healthcare needs, recycling initiatives, street beautification, English and Spanish literacy classes, and assistance for students falling behind in their reading and writing skills. To support their work, they invested in the purchase of a community center, leasing it to them for a symbolic annual fee.


Official website here: www.bbcinc.org

Who is the CEO of Banderas Bay Charities Inc?

Amy M Welch is the Director of Banderas Bay Charities Inc.


Official website here: www.bbcinc.org

What is the revenue of Banderas Bay Charities Inc?

Banderas Bay Charities Inc's revenue in 2022 was $643,979.


Official website here: www.bbcinc.org

Who are the executives of Banderas Bay Charities Inc and what are their salaries?


Here are 5 key members and their salaries:


T Edward Bissell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne-Marie Haynes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecillia Paredes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy M Welch (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelly Yogev (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bbcinc.org

Where can I find the form 990 for Banderas Bay Charities Inc?

Banderas Bay Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bbcinc.org

Learn more at the official website: www.bbcinc.org

Mission Statement of Banderas Bay Charities Inc

Banderas Bay Charities Inc, a registered nonprofit organization, aims to enhance educational and economic opportunities that contribute to a better quality of life. They achieve this by collaborating closely with communities located around the Bay of Banderas, including Puerto Vallarta and beyond. The organization's mission is multifaceted, encompassing various initiatives.

Firstly, Banderas Bay Charities Inc provides free dental care to students in grades 1 through 6, ensuring that they maintain good oral health. Secondly, the nonprofit offers medical assistance to local residents whose healthcare needs exceed the capabilities of the national healthcare system. Additionally, they engage in recycling efforts, contributing to the cleanliness and sustainability of the communities they serve.

Furthermore, Banderas Bay Charities Inc offers English language lessons to the community, while also providing Spanish reading and writing instruction for children who are struggling in these areas. This dual-language approach aims to bridge gaps in literacy and communication. The organization's dedication to community development is further demonstrated by their involvement in street beautification initiatives, making the communities more appealing and inviting for its residents.

In summary, Banderas Bay Charities Inc is a nonprofit that focuses on improving the quality of life for communities surrounding the Bay of Banderas. They achieve this by providing essential services, such as dental care, medical assistance, and education, and by promoting sustainable practices through recycling and community clean-up initiatives. Their mission is to collaborate with local communities and enhance their educational and economic opportunities.

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Impact




July, 2024

Banderas Bay Charities Inc's impact can be seen through the tangible improvements in educational and economic opportunities for communities surrounding the Bay of Banderas. Through initiatives like providing free dental care for students, medical assistance for residents in need, promoting recycling, beautifying streets, and offering language and literacy programs, the organization is directly contributing to enhancing the quality of life in these communities. Additionally, the acquisition of a community center to serve as a hub for their activities demonstrates a long-term commitment to sustainable impact.




This information is meant to be a general summary of Banderas Bay Charities 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
$643,979 (2022)
Expenses
$747,113 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $255
  • Gross Receipts: $643,979

Assets and Liabilities:

  • Total Assets: $338,980
  • Total Liabilities: $201
  • Net Assets: $338,779

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Organization Details

Founding Year

2015

Principal Officer

Amy M Welch

Main Address

505 Tomahawk Island Drive, Portland, OR, 97217

NTEE Category

Code: T30 - Philanthropy

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