Overview
What is Rcm Community Fund C/O Rotary Club Of Milwaukee?
The Rcm Community Fund C/O Rotary Club Of Milwaukee is a charitable organization situated in Milwaukee, Wisconsin. Their primary goal is to offer educational opportunities to economically disadvantaged children, as well as support other charitable initiatives under the umbrella of the RCM Community Trust. The organization strives to make a positive impact on its community by providing educational resources and contributing to various charitable projects.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 73%)
The RCM Community Fund, associated with the Rotary Club of Milwaukee, has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations. The organization excels in accountability and finance metrics, boasting a perfect score in several areas such as an independent board with full membership and no material diversion of assets. Additionally, the program expense ratio is remarkably high, indicating that all funds are directed towards program initiatives.
While the nonprofit shows strong governance through documented board meeting minutes and a low liabilities-to-assets ratio, the overall score reflects some operational challenges that may need to be addressed. Notably, the salaries of key personnel vary significantly, with the secretary earning a substantial amount while other key members receive no compensation. This disparity could raise questions about resource allocation and compensation practices within the organization.
In summary, while the RCM Community Fund demonstrates commendable financial management and governance practices, it faces challenges that could hinder overall effectiveness. Continuous improvement in transparency and operational efficiency will be essential for enhancing its rating and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Rcm Community Fund C/O Rotary Club Of Milwaukee legitimate?
Rcm Community Fund C/O Rotary Club Of Milwaukee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rcm Community Fund C/O Rotary Club Of Milwaukee 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 Rcm Community Fund C/O Rotary Club Of Milwaukee?
The Rcm Community Fund, affiliated with the Rotary Club of Milwaukee, is committed to providing educational opportunities for economically disadvantaged children. Beyond education, their mission also involves supporting charitable work within their community trust. This organization aims to empower these children and contribute to the betterment of their community at large.
What is the revenue of Rcm Community Fund C/O Rotary Club Of Milwaukee?
Rcm Community Fund C/O Rotary Club Of Milwaukee's revenue in 2024 was $103,423.
Who are the executives of Rcm Community Fund C/O Rotary Club Of Milwaukee and what are their salaries?
There 3 volunteers at Rcm Community Fund C/O Rotary Club Of Milwaukee.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $135,000
- Other: $20,595
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Rcm Community Fund C/O Rotary Club Of Milwaukee?
Rcm Community Fund C/O Rotary Club Of Milwaukee's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Rcm Community Fund C/O Rotary Club Of Milwaukee
The Rcm Community Fund C/O Rotary Club of Milwaukee is committed to providing educational opportunities for economically disadvantaged children and supporting the charitable work of the Rcm Community Trust. This nonprofit organization's mission is centered around empowering children from less privileged backgrounds by offering them access to quality education. Beyond education, the Rcm Community Fund also extends its support to various charitable initiatives, contributing to its overall mission. By doing so, the organization aims to uplift and better the lives of these children, thereby making a significant impact in their communities.
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Impact
October, 2024
The Rcm Community Fund C/O Rotary Club Of Milwaukee significantly impacts the lives of economically disadvantaged children by providing essential educational opportunities. Through various programs and initiatives, it aims to bridge the educational gap that often exists for these children, equipping them with the tools and resources needed for academic success. Additionally, the fund supports the broader charitable efforts of the RCM Community Trust, fostering community engagement and enhancing the quality of life in Milwaukee. This commitment to philanthropy not only uplifts individual students but also strengthens the community as a whole, promoting equity and access to education for all.
This information is meant to be a general summary of Rcm Community Fund C/O Rotary Club Of Milwaukee. 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 2024.
- Gross Receipts: $176,946
Assets and Liabilities:
- Total Assets: $220,238
- Total Liabilities: $36,463
- Net Assets: $183,775
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Organization Details
Founding Year
2016
Principal Officer
Mary Mccormick
NTEE Category
Code: T30 - Philanthropy
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