Overview
What is Tucker Community Foundation?
The Tucker Community Foundation is a public organization based in Parsons, West Virginia, specifically at PO Box 491. Its primary mission is to contribute to the betterment of Tucker County by providing educational scholarships to local residents and offering financial aid to various associations within and surrounding the area. These associations encompass libraries, rescue squads, cemeteries, churches, cities, and towns, among others. The foundation, with a team of five dedicated individuals, serves as a vital resource for the community, fostering growth and development through its educational initiatives and financial support.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star rating
The Tucker Community Foundation has achieved a strong 94% rating, reflecting its excellent performance in accountability and finance. This rating indicates that the organization is committed to transparency and effective financial management, which is critical for building trust with donors and stakeholders.
One of the foundation's notable strengths is its fully independent board, which consists of 18 members, demonstrating a commitment to governance and oversight. The organization has also implemented comprehensive policies, including those for conflict of interest and whistleblowing, and has conducted regular audits to ensure financial integrity.
Despite its strong financial ratios, including a high program expense ratio of 89.39%, which suggests that a significant portion of resources is directed towards its mission, there are no specific limitations noted in the feedback. Overall, the Tucker Community Foundation stands out as a reliable and accountable nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Tucker Community Foundation legitimate?
Tucker Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tucker 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: $26,902
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,468
For more financial information, click here
What is the mission statement of Tucker Community Foundation?
The Tucker Community Foundation serves as a public entity, aiming to contribute positively to the local community in West Virginia. Its primary focus lies in providing educational scholarships to residents and offering financial assistance to various associations within the vicinity, including libraries, rescue squads, cemeteries, churches, cities, and towns. By doing so, the foundation seeks to enhance the overall well-being of the community.
Who is the CEO of Tucker Community Foundation?
David Cooper is the President of Tucker Community Foundation.
What is the revenue of Tucker Community Foundation?
Tucker Community Foundation's revenue in 2022 was $3,083,148.
Who are the executives of Tucker Community Foundation and what are their salaries?
The average compensation at Tucker Community Foundation during 2022 was $18,674. There are 5 employees at Tucker Community Foundation.
Here are 18 key members and their salaries:
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- Compensation: $26,902
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Where can I find the form 990 for Tucker Community Foundation?
Tucker Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tucker Community Foundation
The Tucker Community Foundation is a public organization committed to benefiting the residents of Tucker County, West Virginia. Its primary mission is twofold: providing educational scholarships to local residents and offering funding to various associations within and surrounding Tucker County. These associations include libraries, rescue squads, cemeteries, churches, cities, and towns, among others. By offering these scholarships and financial support, the Tucker Community Foundation aims to contribute positively to the overall well-being and development of its community.
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Impact
July, 2024
Tucker Community Foundation's impact can be seen in the positive changes it brings to Tucker County, West Virginia. Through providing educational scholarships to area residents and funding various organizations such as libraries, rescue squads, cemeteries, churches, cities, and towns, the foundation plays a crucial role in supporting the community's growth and development. This direct investment in local initiatives helps improve the quality of life for residents and fosters a stronger, more vibrant community in Tucker County.
This information is meant to be a general summary of Tucker 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: $2,293,939
- Program Service Revenue: $1,750
- Gross Receipts: $6,491,823
Assets and Liabilities:
- Total Assets: $26,481,840
- Total Liabilities: $291,764
- Net Assets: $26,190,076
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER REVENUE
Revenue
$1,750
Organization Details
Founding Year
1988
Phone
(304) 478-2930Principal Officer
David Cooper
Main Address
P O BOX 491, PARSONS, WV, 26287
NTEE Category
Code: T31 - Philanthropy
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