Overview
What is Tahoe Mountain Resorts Foundation?
Tahoe Mountain Resorts Foundation is a nonprofit organization based in Truckee, California. Their primary mission is to alleviate governmental burdens in the communities surrounding Truckee, North Lake Tahoe, and Martis Valley. They accomplish this by offering educational opportunities in various sectors, such as recreational programs, performing arts, local libraries, civic and cultural events, historical preservation, and various other initiatives aimed at promoting the health and welfare of local citizens. One of their notable contributions is providing scholarships to local high school graduates.
Official website here: www.tmrfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Tahoe Mountain Resorts Foundation has received a score of 84%, indicating a good level of accountability and finance management. The organization excels in areas such as maintaining an independent board, with 100% of its members meeting this criterion, and shows strong financial practices, reflected in a program expense ratio of over 90%. Additionally, the foundation has demonstrated effective asset management, with no material diversions noted.
However, there are some areas for improvement. The foundation lacks essential policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are all missing from its operations. Furthermore, the nonprofit does not have its tax form posted on its website, which could enhance transparency.
Overall, while Tahoe Mountain Resorts Foundation shows strong performance in financial management and governance, addressing the missing policies could bolster its accountability and increase trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Tahoe Mountain Resorts Foundation legitimate?
Tahoe Mountain Resorts Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tahoe Mountain Resorts 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.tmrfoundation.com
What is the mission statement of Tahoe Mountain Resorts Foundation?
The Tahoe Mountain Resorts Foundation's mission is centered around alleviating the responsibilities of local communities. This is achieved by providing various educational opportunities through recreational programs, performing arts, local libraries, civic and cultural events, historical preservation, and other initiatives. The aim is to enhance the health and well-being of its citizens. The foundation supports initiatives that promote learning, arts, community development, and historical conservation, ultimately contributing to the overall welfare of the community.
Official website here: www.tmrfoundation.com
Who is the CEO of Tahoe Mountain Resorts Foundation?
John Jewett is the President of Tahoe Mountain Resorts Foundation.
Official website here: www.tmrfoundation.com
What is the revenue of Tahoe Mountain Resorts Foundation?
Tahoe Mountain Resorts Foundation's revenue in 2022 was $618,846.
Official website here: www.tmrfoundation.com
Who are the executives of Tahoe Mountain Resorts Foundation and what are their salaries?
There 7 volunteers at Tahoe Mountain Resorts Foundation.
Here are 7 key members and their salaries:
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Official website here: www.tmrfoundation.com
Where can I find the form 990 for Tahoe Mountain Resorts Foundation?
Tahoe Mountain Resorts Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tmrfoundation.com
Learn more at the official website: www.tmrfoundation.com
Mission Statement of Tahoe Mountain Resorts Foundation
Tahoe Mountain Resorts Foundation, a nonprofit organization, is committed to alleviating the responsibilities of local communities situated near Truckee, North Lake Tahoe, and Martis Valley. This mission encompasses various initiatives, primarily focusing on providing educational opportunities in recreational programs, performing arts, local libraries, civic and cultural events, historical preservation, and numerous other projects aimed at enhancing the overall well-being of the citizens. By engaging in these activities, Tahoe Mountain Resorts Foundation seeks to make a significant impact on the communities it serves, ultimately contributing to their growth and development.
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Impact
July, 2024
Tahoe Mountain Resorts Foundation's impact is significant in the communities near Truckee, North Lake Tahoe, and Martis Valley. Through its initiatives, the foundation works to provide educational opportunities in recreational programs, performing arts, local libraries, civic and cultural programs, historical preservation, and other activities that promote the health and welfare of citizens in the area. One notable aspect of their impact is the provision of scholarships to local high school graduates, helping support their educational pursuits and contributing to the overall development of the community.
This information is meant to be a general summary of Tahoe Mountain Resorts 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: $45,320
- Gross Receipts: $618,846
Assets and Liabilities:
- Total Assets: $3,103,704
- Total Liabilities: $115,000
- Net Assets: $2,988,704
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Organization Details
Founding Year
2003
Phone
(530) 587-2222Principal Officer
John Jewett
Main Address
PO BOX 2537, TRUCKEE, CA, 96160
Website
www.tmrfoundation.comNTEE Category
Code: T30 - Philanthropy
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