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The Clearwater Community Foundation Inc

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

EIN: 481250703 ✦ Clearwater, KS ✦ Designated as a 501(c)(3)

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Overview

What is The Clearwater Community Foundation Inc?

The Clearwater Community Foundation Inc, based in Clearwater, Kansas, is a nonprofit organization with a mission to support the community's wellbeing. They accomplish this by raising funds and using them to develop various programs. As of the year end, they had 303 paid memberships to their wellness center and 636 active members. Their primary goal is to contribute to the betterment of Clearwater, Kansas, with a team of eight dedicated individuals. The foundation promotes community health and wellness through their wellness center, aiming to improve the quality of life for local residents.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)

The Clearwater Community Foundation Inc has received an 80% rating from Charity Navigator, reflecting a strong performance in accountability and finance. This rating is derived from a single beacon score, emphasizing the organization's commitment to financial transparency and responsible governance. The score indicates that the foundation effectively manages its resources, ensuring a high percentage of expenses directly support its programs.

Key strengths of the Clearwater Community Foundation include its fully independent board, which consists of five members, and its excellent track record in managing liabilities to assets. The organization has demonstrated a commitment to accountability through practices such as maintaining a conflict of interest policy and documenting board meeting minutes, which are crucial for transparency and stakeholder trust.

However, while the overall financial score appears robust, it is important to note that the rating is based solely on financial metrics, and no additional insights into program outcomes or impact were provided. As such, potential donors may want to consider this aspect when evaluating their support for the foundation's initiatives.


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

Is The Clearwater Community Foundation Inc legitimate?

The Clearwater Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Clearwater Community Foundation 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: $42,642

For more financial information, click here

What is the mission statement of The Clearwater Community Foundation Inc?

The Clearwater Community Foundation Inc's mission is to gather and collect funds with the aim of developing programs that promote the betterment of a community. Specifically, they focus on supporting initiatives that enhance the well-being of their community members. One of their key projects is a wellness center, aimed at promoting the health and wellness of the residents. As of the end of the year, the wellness center had 303 paid memberships and 636 active members. In summary, the foundation's role is to collect funds and utilize them to foster community development and improve the health and wellness of its residents.

Who is the CEO of The Clearwater Community Foundation Inc?

Jim Charles is the Board Member of The Clearwater Community Foundation Inc.

What is the revenue of The Clearwater Community Foundation Inc?

The Clearwater Community Foundation Inc's revenue in 2023 was $170,093.

Who are the executives of The Clearwater Community Foundation Inc and what are their salaries?

The average compensation at The Clearwater Community Foundation Inc during 2023 was $5,330. There are 8 employees at The Clearwater Community Foundation Inc.


Here are 5 key members and their salaries:


Jim Charles (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lonnie Stieben (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Zollinger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tricia Garcia (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Cooper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Clearwater Community Foundation Inc?

The Clearwater Community Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Clearwater Community Foundation Inc

The Clearwater Community Foundation Inc is committed to gathering and collecting funds with the intent of aiding in the development of programs that promote the community of Clearwater, Kansas. This nonprofit organization's mission is to contribute financially to projects that enhance the overall well-being of the local residents. One of their significant initiatives is the establishment of a Wellness Center, designed to promote the health and wellness of the Clearwater community. At the end of the year, the Wellness Center had 303 paid memberships and 636 active members, demonstrating the center's popularity and impact on the community.

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Impact




October, 2024

The Clearwater Community Foundation Inc significantly impacts Clearwater, Kansas, by fostering community development through various programs. One of its key initiatives is the Wellness Center, which promotes health and wellness among residents. With 303 paid memberships and 636 active members at the end of the year, the center serves as a vital resource for improving the overall well-being of the community. By gathering and collecting funds, the foundation is dedicated to creating and supporting programs that enhance the quality of life for Clearwater residents, thereby driving community improvement and engagement.




This information is meant to be a general summary of The Clearwater Community Foundation 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
$170,093 (2023)
Expenses
$177,088 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $737
  • Program Service Revenue: $148,676
  • Gross Receipts: $170,093

Assets and Liabilities:

  • Total Assets: $551,644
  • Total Liabilities: $26,173
  • Net Assets: $525,471

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

WELLNESS CENTER MEMBER

Revenue

$124,585

SCHOLARSHIP DONATIONS

Revenue

$14,980

MISC. PROGRAM REVENUE

Revenue

$9,111

Organization Details

Founding Year

2000

Principal Officer

Jim Charles

Main Address

115 E ROSS AVENUE, CLEARWATER, KS, 67026

NTEE Category

Code: S20 - Community improvement

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