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Community Foundation For Northeast Georgia

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581557995 ✦ Duluth, GA ✦ Designated as a 501(c)(3)

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Overview

What is Community Foundation For Northeast Georgia?

The Community Foundation for Northeast Georgia is a charitable organization situated in Duluth, Georgia. Established with the goal of enhancing community life, it operates as a public charity that develops endowment funds. The foundation's primary mission is to distribute investment income to non-profits serving in sectors like health, human services, education, community service, and arts. To achieve this, they focus on three key objectives: building a permanent base of charitable funds, identifying essential human needs, and promoting opportunities in the community. By doing so, they aim to benefit the less fortunate and improve the overall quality of life in northeast Georgia. The foundation currently employs a team of five dedicated individuals.


Official website here: www.cfneg.org

What are the reviews and ratings of this charity?

**Community Foundation For Northeast Georgia (EIN: 581557995)**

**Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)**

The Community Foundation For Northeast Georgia has achieved an impressive 96% rating from Charity Navigator, indicating a high level of accountability and financial health. With an exemplary accountability score of 97%, the organization demonstrates strong governance practices, including a fully independent board and robust financial oversight mechanisms. These strengths reflect the foundation's commitment to transparency and responsible management.

The organization excels in its program expense ratio, directing over 89% of its funds to programs rather than administrative costs or fundraising efforts, showcasing its focus on fulfilling its mission. The excellent feedback collection and usage scores further emphasize its responsiveness to community needs and stakeholder feedback. However, the foundation is also working to improve its equity strategies, indicating a proactive approach to enhancing inclusivity in its operations.

Currently, there are no available user reviews from GreatNonprofits to provide additional perspective on community sentiment toward this nonprofit. Overall, the Community Foundation For Northeast Georgia stands out as a commendable organization with solid financial practices and a commitment to accountability.


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

What do the Facebook reviews say about Community Foundation For Northeast Georgia?

96% of 5 reviewers on Facebook recommend the Community Foundation for Northeast Georgia. Here is a summary of their reviews:

The organization seems to effectively showcase the positive initiatives taking place in the community, with attendees expressing appreciation for events like the good2give celebration. This indicates that their efforts to promote local charity and goodwill are well-received.

Overall, people involved with the Community Foundation feel that it plays a crucial role in highlighting community achievements and fostering a spirit of collaboration. This successful engagement shows that the nonprofit is making a meaningful impact in the Northeast Georgia area.


This AI summary has been generated from reviews found on Facebook.

Is Community Foundation For Northeast Georgia legitimate?

Community Foundation For Northeast Georgia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation For Northeast Georgia 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: $283,048
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,814

For more financial information, click here


Official website here: www.cfneg.org

What is the mission statement of Community Foundation For Northeast Georgia?

The Community Foundation for Northeast Georgia was established with a mission to enhance community life by promoting philanthropy. As a public charity, its primary objective is to develop endowment funds through charitable contributions. The income generated from these investments is then disbursed to nonprofit organizations in the areas of health, human services, education, community service, and the arts. The foundation also identifies essential human needs and promising opportunities in the community, particularly for the less fortunate, and works to develop resources to address these issues. In summary, the Community Foundation for Northeast Georgia aims to improve community life through increased philanthropy and the strategic disbursement of funds to support various sectors.


Official website here: www.cfneg.org

Who is the CEO of Community Foundation For Northeast Georgia?

Depriest Waddy is the Chair of Community Foundation For Northeast Georgia. The CEO's salary of Community Foundation For Northeast Georgia is $75,000 and their total compensation is $128,525.


Official website here: www.cfneg.org

What is the revenue of Community Foundation For Northeast Georgia?

Community Foundation For Northeast Georgia's revenue in 2022 was $10,205,373.


Official website here: www.cfneg.org

Who are the executives of Community Foundation For Northeast Georgia and what are their salaries?

The average compensation at Community Foundation For Northeast Georgia during 2022 was $81,972. There are 5 employees and 49 volunteers at Community Foundation For Northeast Georgia.


Here are 46 key members and their salaries (Community Foundation For Northeast Georgia's CEO's salary is $75,000 and their total compensation is $128,525):


Dick Lopresti (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Michael Levengood (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
K Clifford Bray Ii (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth M Massaroni (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Abernathy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ethel D Andersen Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Keeton Arnold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Audrey Arona (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily J Brantley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla T Carraway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Bryan S Choe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alejandro Coss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James D Dennard Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne D Ellison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melvin Everson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Hartsock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Joedecke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sloan Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Jordan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Daniel J Kaufman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Kersh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Kieser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel J King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronda Colvin Leary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bin Liu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Santiago R Marquez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Mawdesley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William F Mccargo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Park (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rep Sam Park (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Potter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Powell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teddy Russell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin F Sansone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David R Still (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra J Strickland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Lee Tucker Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monty G Watson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam C Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip R Wolfe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Depriest Waddy (President/Ceo (Strtd 2022))
  • Compensation: $128,333
  • Related: $0
  • Other: $7,700
Randall Redner (President/Ceo (Retrd 2022))
  • Compensation: $75,000
  • Related: $0
  • Other: $53,525
Margaret Bugbee (Cfo)
  • Compensation: $33,465
  • Related: $0
  • Other: $6,909


Official website here: www.cfneg.org

Where can I find the form 990 for Community Foundation For Northeast Georgia?

Community Foundation For Northeast Georgia's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cfneg.org

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

Mission Statement of Community Foundation For Northeast Georgia

The Community Foundation for Northeast Georgia, established with the aim of enhancing community life, fulfills its mission primarily through increased philanthropy. Acting as a public charity, this organization collects charitable contributions and invests them to generate income, which is subsequently disbursed to nonprofit organizations operating in areas such as health, human services, education, community service, and the arts. By doing so, the Community Foundation for Northeast Georgia strives to address essential human needs and promising opportunities within the community, especially for those who are less fortunate. The foundation's ultimate objective is to build a permanent base of charitable funds that will continue to benefit local nonprofit agencies, thereby promoting a better quality of life for the community at large.

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Impact




July, 2024

The Community Foundation For Northeast Georgia has made a significant impact on the Northeast Georgia region by building a permanent base of charitable funds to benefit local agencies, addressing essential human needs, and supporting opportunities in the community, especially for the less fortunate. Through distributing investment income to nonprofit organizations in areas such as health, human services, education, community service, and the arts, the foundation has played a crucial role in improving the quality of life for the citizens of Northeast Georgia. By acquainting donors with the importance of private philanthropy, the foundation has been instrumental in fostering a culture of giving and making a positive difference in the community.




This information is meant to be a general summary of Community Foundation For Northeast Georgia. 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
$10,205,373 (2022)
Expenses
$12,211,923 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $711,679
  • Gross Receipts: $34,996,678

Assets and Liabilities:

  • Total Assets: $69,557,505
  • Total Liabilities: $13,254,498
  • Net Assets: $56,303,007

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Organization Details

Founding Year

1985

Principal Officer

Depriest Waddy

Main Address

6500 SUGARLOAF PKWY 220, DULUTH, GA, 30097

NTEE Category

Code: T31 - Philanthropy

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