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Cosmopolitan Diabetes 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: 521077958 ✦ Rockford, IL ✦ Designated as a 501(c)(3)

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Overview

What is Cosmopolitan Diabetes Foundation Inc?

Cosmopolitan Diabetes Foundation Inc is a nonprofit organization dedicated to addressing diabetes by raising funds and utilizing endowment income for educational and research programs. Their mission encompasses funding diabetes treatment and research, with a focus on award materials. By doing so, the foundation aims to contribute to the overall understanding and management of diabetes, ultimately benefiting those affected by this condition.


Official website here: www.cosmopolitan.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star Rating

The Cosmopolitan Diabetes Foundation Inc has achieved a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The overall score is derived entirely from their performance in the Accountability & Finance beacon, showcasing a commitment to transparency and effective financial management during the most recent fiscal year, FY2023.

Strengths of the organization include a fully independent board, with all ten members meeting independence criteria, and no material diversion of assets noted. The foundation also demonstrates solid financial ratios, with a liabilities to assets ratio of 0.00% and program expenses constituting 77.56% of total expenses, which suggests a focus on their mission-driven activities.

While the data reflects exceptional governance and financial practices, there are no specific limitations or areas of concern mentioned in the information reviewed. Overall, the Cosmopolitan Diabetes Foundation Inc appears to be a well-managed organization focused on its mission.


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

What do the Facebook reviews say about Cosmopolitan Diabetes Foundation Inc?

Although there are only a couple of reviews available for the Cosmopolitan Diabetes Foundation Inc, the sentiment expressed is highly positive. One reviewer described the organization as "fantastic," highlighting the quality of the people involved and their commitment to a commendable cause.

This strong endorsement suggests that the foundation has made a positive impression on those who have interacted with it. Even though the ratings are not yet established due to the limited number of reviews, the enthusiasm from the comments indicates a sense of pride and support for the organization’s mission.

Overall, it appears that the Cosmopolitan Diabetes Foundation Inc is well-regarded for its dedication and the efforts of its team in making a difference in the community.


This AI summary has been generated from reviews found on Facebook.

Is Cosmopolitan Diabetes Foundation Inc legitimate?

Cosmopolitan Diabetes Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cosmopolitan Diabetes 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: $0

For more financial information, click here


Official website here: www.cosmopolitan.org

What is the mission statement of Cosmopolitan Diabetes Foundation Inc?

The Cosmopolitan Diabetes Foundation's primary objective is to fundraise for diabetes research and treatment programs. Their goal is to focus on education and research in this field. The foundation utilizes its endowment income to grant funds for these programs, which often involve award materials. In essence, the Cosmopolitan Diabetes Foundation is committed to advancing diabetes knowledge and improving care through financial support and recognition.


Official website here: www.cosmopolitan.org

Who is the CEO of Cosmopolitan Diabetes Foundation Inc?

Randy Kramer is the Chair of Cosmopolitan Diabetes Foundation Inc.


Official website here: www.cosmopolitan.org

What is the revenue of Cosmopolitan Diabetes Foundation Inc?

Cosmopolitan Diabetes Foundation Inc's revenue in 2022 was $213,406.


Official website here: www.cosmopolitan.org

Who are the executives of Cosmopolitan Diabetes Foundation Inc and what are their salaries?


Here are 7 key members and their salaries:


Randy Kramer (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susie Bartlett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Preston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dick Gorton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Swansbro (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Danstrom (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cosmopolitan.org

Where can I find the form 990 for Cosmopolitan Diabetes Foundation Inc?

Cosmopolitan Diabetes Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cosmopolitan.org

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

Mission Statement of Cosmopolitan Diabetes Foundation Inc

The Cosmopolitan Diabetes Foundation is dedicated to combating diabetes through its mission of fundraising and granting funds for diabetes research and treatment programs. The primary focus of these programs is on education and research, aiming to advance our understanding and management of diabetes. The foundation's efforts in this area extend to providing award material, further encouraging innovation and progress in the field. By investing in these initiatives, the Cosmopolitan Diabetes Foundation is instrumental in driving advancements in diabetes care and treatment.

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Impact




October, 2024

Cosmopolitan Diabetes Foundation Inc significantly impacts diabetes treatment and education by allocating funds for critical research and innovative programs. Through diligent fundraising efforts and wise management of endowment income, the foundation supports various initiatives that advance understanding and management of diabetes.

Their commitment to enhancing education is evident in the resources they provide, which empower healthcare professionals and patients alike with knowledge and tools to navigate the complexities of diabetes. By financing award materials and research initiatives, the foundation plays a crucial role in fostering advancements in diabetes care, ultimately aiming to improve patient outcomes and quality of life in Rockford, IL, and beyond.




This information is meant to be a general summary of Cosmopolitan Diabetes 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
$213,406 (2022)
Expenses
$61,426 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $198,761
  • Gross Receipts: $1,973,959

Assets and Liabilities:

  • Total Assets: $1,241,675
  • Total Liabilities: $2,325
  • Net Assets: $1,239,350

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Organization Details

Principal Officer

Randy Kramer

Main Address

420 FINANCIAL CT SUITE 124, ROCKFORD, IL, 61107

NTEE Category

Code: H85Z - Medical research

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