Overview
What is Friends Of Cheney Lake Inc?
Friends of Cheney Lake Inc is a nonprofit organization based in Wichita, Kansas, with an address at 1239 N Denmark St, 67212. Their primary mission is to contribute to the enhancement of Cheney State Park by maintaining cabins and generating revenue through cabin rentals. This activity aims to support the development and implementation of improvements at the park. The organization's efforts in 2022 resulted in the successful rental of cabins for a total of 1,249 nights.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% - Three-Star out of Four Stars
Friends Of Cheney Lake Inc has received a 76% rating from Charity Navigator, indicating a solid level of performance, particularly in the area of accountability and finance. This score reflects various aspects of their governance, with notable strengths in having a fully independent board and a clean financial record, underscoring their commitment to responsible financial management.
The organization has achieved full points in several critical areas, including the absence of material diversion of assets and a favorable liabilities-to-assets ratio. Additionally, they maintain transparency by posting board meeting minutes and their tax form on their website. However, the absence of key policies such as a conflict of interest policy and a whistleblower policy has been highlighted as areas for improvement, which may affect their overall governance practices.
While the charity showcases strong program expenses, ensuring that funds are effectively utilized for their mission, the missing policies could raise concerns regarding internal governance. Enhancing their governance framework by adopting these missing policies could further elevate their rating and strengthen stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Cheney Lake Inc legitimate?
Friends Of Cheney Lake Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Cheney Lake 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.
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Executive Compensation: $0
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Other Salaries and Wages: $0
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Official website here: www.none
What is the mission statement of Friends Of Cheney Lake Inc?
The mission of Friends of Cheney Lake Inc is centered around improving and enhancing Cheney State Park. Specifically, their activities revolve around maintaining park cabins and generating revenue through cabin rentals. The primary goal is to facilitate these activities and contribute to the overall development of the park. In 2022, the cabins were rented for a total of 1,249 nights.
Official website here: www.none
Who is the CEO of Friends Of Cheney Lake Inc?
Gregg Greenwood is the Principal Officer of Friends Of Cheney Lake Inc.
Official website here: www.none
What is the revenue of Friends Of Cheney Lake Inc?
Friends Of Cheney Lake Inc's revenue in 2022 was $122,644.
Official website here: www.none
Who are the executives of Friends Of Cheney Lake Inc and what are their salaries?
There 6 volunteers at Friends Of Cheney Lake Inc.
Here are 6 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Friends Of Cheney Lake Inc
Friends of Cheney Lake Inc, a dedicated non-profit organization, is committed to the betterment of Cheney State Park. Their mission involves working towards the development and implementation of improvements within the park, primarily by maintaining the park's cabins and generating revenue through the rental of these cabins. By doing so, they aim to contribute to the overall enhancement of the park's facilities and provide a revenue stream for its upkeep. In 2022 alone, their efforts resulted in the rental of cabins for a total of 1,249 nights, demonstrating their successful execution of this mission.
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Impact
June, 2024
Friends Of Cheney Lake Inc's impact includes assisting in developing and implementing improvements at Cheney State Park by maintaining cabins and generating revenue from cabin rentals. In 2022 alone, the organization rented out cabins for a total of 1,249 nights, contributing both financially and operationally to support the park's ongoing development and upkeep. Their dedication to this mission not only helps sustain the park's infrastructure but also facilitates the enjoyment of nature and outdoor activities for visitors in the Wichita, KS area.
This information is meant to be a general summary of Friends Of Cheney Lake 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $459
- Program Service Revenue: $121,435
- Gross Receipts: $122,644
Assets and Liabilities:
- Total Assets: $613,612
- Total Liabilities: $100,663
- Net Assets: $512,949
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental of Cabins
Revenue
$121,435
Organization Details
Founding Year
2002
Phone
(316) 650-0029Principal Officer
Gregg Greenwood
Main Address
1239 N DENMARK ST, WICHITA, KS, 672123029
Website
www.noneNTEE Category
Code: C5O - Environment
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