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Gulf Coast Community 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: 570908490 ✦ Gulfport, MS ✦ Designated as a 501(c)(3)

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Overview

What is Gulf Coast Community Foundation Inc?

Gulf Coast Community Foundation Inc, located in Gulfport, Mississippi, serves as a public charity dedicated to fostering the growth of worthy causes. With a focus on education, arts, social welfare, and special projects, the foundation grants funds to various charitable organizations, aligning with donors' interests. As a community foundation, its mission is to deliver donor services and assume a leadership role in addressing evolving community needs. By managing a comprehensive base of endowment funds and expanding the pool of charitable dollars, the Gulf Coast Community Foundation aims to meet the needs of residents in South Mississippi, ensuring the continued progress and well-being of the community.


Official website here: www.gulfcoastfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Star rating)

Gulf Coast Community Foundation Inc has achieved a perfect score of 100%, reflecting its outstanding performance in accountability and finance. This rating indicates a strong commitment to transparency and responsible management of resources, with a majority of independent board members and robust financial oversight mechanisms in place. The organization's financial practices show no material diversion of assets, highlighting a trustworthy operation.

The foundation excels in program expense efficiency, with 90.48% of its expenditures directed towards programs, indicating a strong focus on its mission. Additionally, the fundraising efficiency ratio is impressively low at $0.012, which suggests that the organization effectively manages fundraising costs in relation to the funds raised. The working capital ratio of 5.31 years demonstrates financial stability and the ability to sustain its operations over the long term.

While the organization has earned high marks across various metrics, it is important to consider that such a perfect score might not capture all aspects of organizational impact. However, based on the financial data available, Gulf Coast Community Foundation Inc appears to be a well-managed nonprofit with a clear dedication to its mission and the community it serves.


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

Is Gulf Coast Community Foundation Inc legitimate?

Gulf Coast Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gulf Coast Community 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: $511,153

For more financial information, click here


Official website here: www.gulfcoastfoundation.org

What is the mission statement of Gulf Coast Community Foundation Inc?

The Gulf Coast Community Foundation Inc serves as a public charity, focusing on the advancement of worthy causes. It offers donor services and takes an active role in responding to evolving community needs. The foundation acts as a platform for charitable giving, enabling individuals, families, corporations, non-profit organizations, and private foundations to achieve their charitable objectives in fields such as education, arts and culture, historic preservation, neighborhood enrichment, and health and human services. To fulfill its mission, the Gulf Coast Community Foundation manages a comprehensive base of endowment funds, expanding the pool of charitable dollars permanently dedicated to meeting the needs of the people in South MS.


Official website here: www.gulfcoastfoundation.org

Who is the CEO of Gulf Coast Community Foundation Inc?

Rodger Wilder is the Director of Gulf Coast Community Foundation Inc.


Official website here: www.gulfcoastfoundation.org

What is the revenue of Gulf Coast Community Foundation Inc?

Gulf Coast Community Foundation Inc's revenue in 2022 was $3,389,932.


Official website here: www.gulfcoastfoundation.org

Who are the executives of Gulf Coast Community Foundation Inc and what are their salaries?

The average compensation at Gulf Coast Community Foundation Inc during 2022 was $42,596. There are 12 employees at Gulf Coast Community Foundation Inc.


Here are 17 key members and their salaries:


Raymunda Barnes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Barnes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Cronin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Cullinan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moses Feagin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Jarrell Gresham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Shanteau Newton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy Lambert Phillips (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda H Simkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rufus Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Treutel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Vincent (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul D Guichet (Director)
  • Compensation: $108,150
  • Related: $0
  • Other: $0
Rodger Wilder (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gulfcoastfoundation.org

Where can I find the form 990 for Gulf Coast Community Foundation Inc?

Gulf Coast Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gulfcoastfoundation.org

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

Mission Statement of Gulf Coast Community Foundation Inc

Gulf Coast Community Foundation Inc, serving as a public charity, is dedicated to fostering the growth of worthy causes. It provides donor services and takes a proactive role in addressing changing community needs. This foundation serves as a vehicle for charitable giving, enabling individuals, families, corporations, non-profit organizations, and private foundations to achieve their charitable objectives in various fields such as education, arts and culture, historic preservation, neighborhood enrichment, and health and human services. Gulf Coast Community Foundation Inc achieves its mission by developing and managing a comprehensive base of endowment funds, thereby expanding the pool of charitable dollars, which are permanently committed to meeting the needs of the people in South Mississippi.

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Impact




July, 2024

Gulf Coast Community Foundation Inc's impact is significant in supporting programs in the areas of education, arts, social welfare, and special projects on the Mississippi Gulf Coast. It plays a crucial role in administering contributed funds for the benefit of the community, providing leadership in response to changing needs, and promoting charitable giving. Through its dedication to worthy causes and the management of endowment funds, the foundation effectively serves as a vehicle for individuals, families, corporations, and organizations to meet charitable objectives and make a positive impact on various aspects of community development.




This information is meant to be a general summary of Gulf Coast Community 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
$3,389,932 (2022)
Expenses
$5,513,209 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,815,731
  • Gross Receipts: $7,948,009

Assets and Liabilities:

  • Total Assets: $35,964,703
  • Total Liabilities: $5,960,778
  • Net Assets: $30,003,925

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Organization Details

Founding Year

1989

Principal Officer

Rodger Wilder

Main Address

11975 SEAWAY RD B150, GULFPORT, MS, 39503

NTEE Category

Code: T31Z - Philanthropy

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