Overview
What is Service League Of Hickory Inc?
Service League of Hickory Inc is a nonprofit organization situated in Hickory, North Carolina. Their primary focus is contributing to other local non-profit organizations and offering scholarships to financially disadvantaged students in the area, enabling them to pursue higher education of their choice. Their mission involves boosting community improvements by providing direct financial assistance to 501(c)3 charities, which in turn, contribute to the wellbeing of the citizens in Catawba County.
Official website here: www.serviceleaguehickory.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Service League of Hickory Inc has received a solid rating of 83%, which reflects a strong emphasis on accountability and finance. This score is derived entirely from their accountability and finance metrics, indicating a reliable oversight of their financial practices. The organization demonstrates excellence in various areas, particularly in having a fully independent board and maintaining high standards for their financial documentation.
There are notable strengths in their performance, such as a perfect accountability score where they have zero material diversion of assets and a commendable program expense ratio of 100%. Their board comprises 17 independent members, showing a commitment to governance and oversight. The organization also meets several transparency benchmarks, such as having their tax form available on their website and providing board meeting minutes.
However, the organization does have some limitations, particularly concerning policies like the whistleblower and document retention policies, which are currently missing. While these gaps do not seem to impact their financial integrity significantly, they may be areas for improvement to enhance overall governance practices. Overall, Service League of Hickory Inc exhibits a strong commitment to financial accountability, with room for growth in policy implementation.
This AI summary has been generated from information found on Charity Navigator.
Is Service League Of Hickory Inc legitimate?
Service League Of Hickory Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Service League Of Hickory 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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Official website here: www.serviceleaguehickory.org
What is the mission statement of Service League Of Hickory Inc?
The Service League of Hickory Inc is committed to improving the community by providing direct financial support to 501(c)3 charities that offer essential services to the citizens residing in the Catawba County area. One of their key initiatives includes offering financial scholarships to financially disadvantaged residents, enabling them to pursue higher education. The organization's mission is centered around community enhancement through monetary contributions to various non-profit organizations and educational scholarships for local students.
Official website here: www.serviceleaguehickory.org
Who is the CEO of Service League Of Hickory Inc?
Lynn Loehr is the Past Co President of Service League Of Hickory Inc.
Official website here: www.serviceleaguehickory.org
What is the revenue of Service League Of Hickory Inc?
Service League Of Hickory Inc's revenue in 2023 was $36,933.
Official website here: www.serviceleaguehickory.org
Who are the executives of Service League Of Hickory Inc and what are their salaries?
There 175 volunteers at Service League Of Hickory Inc.
Here are 17 key members and their salaries:
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Official website here: www.serviceleaguehickory.org
Where can I find the form 990 for Service League Of Hickory Inc?
Service League Of Hickory Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.serviceleaguehickory.org
Learn more at the official website: www.serviceleaguehickory.org
Mission Statement of Service League Of Hickory Inc
Service League of Hickory Inc is committed to enhancing its community by offering direct financial aid to 501(c)3 charities that provide essential support to the residents of Catawba County. The organization's mission is centered around providing financial assistance to these charitable organizations, thereby contributing to the betterment of the community as a whole.
In addition to its financial aid initiatives, Service League of Hickory Inc also offers scholarships to financially disadvantaged students in the area, enabling them to pursue higher education at the college of their choice. By offering these scholarships, the nonprofit organization is investing in the future of its community, recognizing the importance of education in fostering personal growth and community development.
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Impact
August, 2024
Service League Of Hickory Inc's impact is significant in the Catawba County area, as it directly supports 501(c)3 charities that provide essential services to its citizens. Through financial contributions, the organization helps improve the lives of people in need and makes a positive difference in the community. Additionally, by offering financial scholarships to financially disadvantaged residents, Service League Of Hickory Inc plays a crucial role in enabling individuals to pursue higher education and achieve their academic goals. This dual approach of supporting charitable organizations and empowering students demonstrates the organization's commitment to enhancing the well-being and educational opportunities of the community.
This information is meant to be a general summary of Service League Of Hickory 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 2023.
- Investment Income: $11,977
- Gross Receipts: $219,786
Assets and Liabilities:
- Total Assets: $869,958
- Total Liabilities: $6,650
- Net Assets: $863,308
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Organization Details
Founding Year
1953
Phone
(828) 324-0201Principal Officer
Lynn Loehr
Main Address
506 3RD AVE NW, HICKORY, NC, 28601
Website
www.serviceleaguehickory.orgNTEE Category
Code: S80Z - Community improvement
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