Overview
What is Midlands Community Foundation?
Midlands Community Foundation serves as a catalyst for lasting impact in Sarpy and Cass Counties, Nebraska. This nonprofit organization provides monetary grants to various community organizations, contributing to sectors such as arts, education, community development, culture, economic development, health, and human services. Although their program services extend beyond these counties, the foundation's general fund primarily focuses on addressing the immediate needs of the local community. By offering opportunities to organizations and individuals, Midlands Community Foundation empowers them to achieve their charitable goals, supporting youth, parks, first responders, seniors, and military veterans in the region.
Official website here: www.midlandscommunity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Midlands Community Foundation has achieved a notable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The foundation's high score is based entirely on its accountability metrics, reflecting its commitment to financial transparency and responsible management. With a perfect score for having an independent board, no material diversion of assets, and comprehensive policies in place, it demonstrates a robust governance structure.
The organization excels in its program expense ratio, allocating approximately 90.78% of its expenses directly to its programs, which signifies effective use of donor funds towards its mission. Additionally, the foundation shows exceptional efficiency in fundraising, with a low cost-to-fundraise ratio, further highlighting its ability to maximize resources for community benefit. The high working capital ratio of 4.79 years suggests a stable financial position, allowing the foundation to sustain its operations over the long term.
While the data presents a strong overall picture of the Midlands Community Foundation, it's essential for potential donors to continue monitoring its activities and outcomes to ensure ongoing effectiveness and impact in the community. Overall, the foundation is positioned well as a responsible and effective nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Midlands Community Foundation legitimate?
Midlands Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midlands Community 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: $109,296
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,590
For more financial information, click here
Official website here: www.midlandscommunity.org
What is the mission statement of Midlands Community Foundation?
The Midlands Community Foundation serves as a catalyst for lasting impact in Sarpy and Cass Counties. Its mission is to offer opportunities for organizations and individuals to achieve their charitable goals. The foundation contributes monetary grants to various community organizations, supporting sectors such as arts, education, community development, health, and human services. While its program services extend beyond these counties, the MCF General Fund specifically focuses on addressing the direct needs of Sarpy and Cass Counties, supporting local youth, parks, first responders, seniors, and military veterans.
Official website here: www.midlandscommunity.org
Who is the CEO of Midlands Community Foundation?
Kevin Dasher is the Treasurer/Secretary of Midlands Community Foundation.
Official website here: www.midlandscommunity.org
What is the revenue of Midlands Community Foundation?
Midlands Community Foundation's revenue in 2022 was $4,213,519.
Official website here: www.midlandscommunity.org
Who are the executives of Midlands Community Foundation and what are their salaries?
The average compensation at Midlands Community Foundation during 2022 was $83,629. There are 3 employees and 50 volunteers at Midlands Community Foundation.
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- Compensation: $109,296
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- Other: $3,101
Official website here: www.midlandscommunity.org
Where can I find the form 990 for Midlands Community Foundation?
Midlands Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.midlandscommunity.org
Learn more at the official website: www.midlandscommunity.org
Mission Statement of Midlands Community Foundation
Midlands Community Foundation, as a catalyst for lasting impact, strives to offer opportunities for organizations and individuals in Sarpy and Cass Counties to achieve their charitable objectives. The foundation's mission is twofold: firstly, it aims to act as a catalyst for positive change in these communities by providing financial grants to a variety of organizations. These organizations focus on sectors such as arts, education, community development, culture, economic development, health, and human services.
Secondly, Midlands Community Foundation seeks to empower local entities by offering them the chance to pursue their philanthropic aspirations. By doing so, it contributes to the betterment of Sarpy and Cass Counties, focusing on the immediate needs of these communities. The foundation fosters strong local relationships to support its youth, parks, first responders, seniors, and military veterans, ultimately enriching the lives of its residents.
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Impact
July, 2024
Midlands Community Foundation serves as a catalyst for lasting impact in Sarpy and Cass counties by providing monetary grants to diverse community organizations supporting arts, education, community, culture, economic development, health, and human services. By focusing on the direct needs of the local communities, including youth, parks, first responders, seniors, and military veterans, Midlands Community Foundation creates and fosters local community relationships to support and uplift various sectors of society. Through its philanthropic initiatives, Midlands Community Foundation plays a vital role in enhancing the well-being and resilience of the communities it serves.
This information is meant to be a general summary of Midlands Community 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: $699,987
- Program Service Revenue: $4,750
- Gross Receipts: $9,654,667
Assets and Liabilities:
- Total Assets: $11,959,678
- Total Liabilities: $55,243
- Net Assets: $11,904,435
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUND ESTABLISHMENT REVENUE
Revenue
$4,750
Organization Details
Founding Year
1994
Phone
(402) 991-8027Principal Officer
Kevin Dasher
Main Address
217 NORTH JEFFERSON STREET, PAPILLION, NE, 68046
Website
www.midlandscommunity.orgNTEE Category
Code: T20 - Philanthropy
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