Overview
What is Former Members Of Congress?
Former Members of Congress is a nonprofit organization situated in Washington D.C., specifically at 1401 K Street NW 901. Its primary objective is to foster public service and enhance representative democracy both domestically and internationally. To achieve this, the organization organizes study groups with countries like Germany, Japan, Europe, and Korea. These study groups provide opportunities for members of parliament from these nations to engage in open discussions with American former and current legislators, addressing key issues they face. These meetings are supported by contributions from entities such as the German Marshall Fund of the United States, Atlantik Bruecke, the Sasakawa Peace Foundation, and private corporations. The organization boasts a small workforce of 13 individuals.
Official website here: www.usafmc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
Former Members Of Congress has achieved a Four-Star rating from Charity Navigator, indicating a strong level of accountability and financial stability. The organization's overall score is derived exclusively from its impressive accountability and finance metrics, highlighting its commitment to transparency and responsible governance. The charity scores particularly well in areas such as board independence, oversight of financial statements, and the absence of material asset diversions.
Strengths of the organization include a fully independent board, rigorous financial oversight protocols, and effective conflict of interest and whistleblower policies, all of which contribute to its high rating. The program expense ratio is notably strong at nearly 70%, indicating that a significant portion of its funds are directed towards its mission-related programs. Additionally, the fundraising efficiency ratio of $0.12 demonstrates effective fundraising practices, minimizing costs relative to the funds raised.
However, there are some areas for improvement, specifically the liabilities to assets ratio, which stands at 49.01%. While this is a manageable level, it suggests that the organization may have some financial obligations that could be more effectively balanced with its assets. Overall, Former Members Of Congress demonstrates a solid financial foundation and commitment to accountability, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Former Members Of Congress legitimate?
Former Members Of Congress is a legitimate nonprofit organization registered as a 501(c)(3) entity. Former Members Of Congress 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: $577,627
Professional Fundraising Fees: $0
Other Salaries and Wages: $510,581
For more financial information, click here
Official website here: www.usafmc.org
What is the mission statement of Former Members Of Congress?
Former Members of Congress aim to promote public service and strengthen representative democracy both domestically and internationally. They accomplish this by organizing study groups with countries such as Germany, Japan, Europe, and Korea. These study groups provide opportunities for members of parliament from these countries to engage in frank discussions with former and current members of the United States Congress on key issues affecting them. These forums are primarily supported by contributions from organizations like the German Marshall Fund of the United States, Atlantik-Brucke, the Sasakawa Peace Foundation, and private corporations.
Official website here: www.usafmc.org
Who is the CEO of Former Members Of Congress?
Peter M Weichlein is the President of Former Members Of Congress. The CEO's salary of Former Members Of Congress is $287,500 and their total compensation is $309,074.
Official website here: www.usafmc.org
What is the revenue of Former Members Of Congress?
Former Members Of Congress's revenue in 2022 was $3,123,082.
Official website here: www.usafmc.org
Who are the executives of Former Members Of Congress and what are their salaries?
The average compensation at Former Members Of Congress during 2022 was $83,708. There are 13 employees at Former Members Of Congress.
Here are 25 key members and their salaries (Former Members Of Congress's CEO's salary is $287,500 and their total compensation is $309,074):
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- Compensation: $287,500
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- Compensation: $251,500
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- Other: $17,053
Official website here: www.usafmc.org
Where can I find the form 990 for Former Members Of Congress?
Former Members Of Congress's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.usafmc.org
Learn more at the official website: www.usafmc.org
Mission Statement of Former Members Of Congress
Former Members of Congress, as an organization, is committed to promoting public service and strengthening representative democracy both domestically and internationally. To accomplish this mission, they conduct study groups with countries such as Germany, Japan, Europe, and Korea. These study groups offer opportunities for members of parliament in these nations to engage in open discussions with current and former members of the United States Congress on pressing issues that affect them. These forums are informal and unofficial, providing a platform for knowledge sharing and fostering understanding between the two parties. The organization's efforts in this regard are primarily supported by contributions from the German Marshall Fund of the United States, Atlantik-Brücke, the Sasakawa Peace Foundation, and private corporations.
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Impact
July, 2024
Former Members Of Congress's impact lies in its efforts to promote public service and strengthen representative democracy domestically and abroad. By conducting study groups with various countries such as Germany, Japan, Europe, and Korea, this organization provides members of parliament in these nations with opportunities for frank discussions with current and former members of the United States Congress on key issues affecting them. These study groups, supported by contributions from organizations like the German Marshall Fund of the United States and the Sasakawa Peace Foundation, facilitate ongoing, unofficial, and informal fora for productive dialogue and exchange of ideas. Through these initiatives, Former Members Of Congress plays a significant role in fostering international understanding and cooperation in the realm of government and public service.
This information is meant to be a general summary of Former Members Of Congress. 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: $33,493
- Program Service Revenue: $39,625
- Gross Receipts: $3,657,319
Assets and Liabilities:
- Total Assets: $5,702,598
- Total Liabilities: $2,795,326
- Net Assets: $2,907,272
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETINGS AND AWARD DIN
Revenue
$39,625
Organization Details
Founding Year
1970
Phone
(202) 222-0972Principal Officer
Peter M Weichlein
Main Address
1401 K STREET NW 901, WASHINGTON, DC, 20005
Website
www.usafmc.orgNTEE Category
Code: W20C - Public benefit
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