Overview
What is Hendersonville Chamber Foundation?
The Hendersonville Chamber Foundation is a nonprofit organization located at 100 COUNTRY CLUB DR SUITE 104, Hendersonville, Tennessee 37075. Their primary focus is on supporting educational institutions, as evident in their mission to provide scholarships and contribute to public schools. They aim to bolster these educational institutions through their activities, furthering their mission to offer academic opportunities and resources to the community.
Official website here: www.hendersonvillechamber.com/donate
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Stars
The Hendersonville Chamber Foundation receives a One-Star rating from Charity Navigator, reflecting significant concerns in its governance and accountability practices. The organization has a lack of independent board members and is missing essential policies regarding conflicts of interest, whistleblowing, and document retention. These deficiencies weigh heavily on its overall score, which is calculated solely from accountability and finance metrics.
Despite these shortcomings, the foundation demonstrates some strengths, particularly in its financial management. It has a strong program expense ratio of 89.59%, indicating that a substantial portion of its expenditures goes directly to its programs rather than administrative costs. Additionally, the organization has performed well in managing its liabilities, achieving a favorable liabilities-to-assets ratio of 25.82%.
However, the absence of key governance policies and independent board members poses a risk to the foundation's transparency and accountability. Addressing these issues could greatly improve its rating and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Hendersonville Chamber Foundation?
96% of 30 reviewers on Facebook recommend the Hendersonville Chamber Foundation. Here is a summary of their reviews:
Many individuals appreciate the strong sense of community and support provided by the Chamber. Reviewers highlighted the organization as an amazing resource for business networking and forming lasting relationships. The positive environment and the leadership within the group were particularly noted, showcasing the impact it has on members.
Overall, the sentiment is overwhelmingly positive, with members expressing gratitude for the connections they've made and the valuable support they receive through their involvement with the Chamber. The Hendersonville Chamber Foundation is recognized for delivering on its promises to foster business relationships and enhance community ties.
This AI summary has been generated from reviews found on Facebook.
Is Hendersonville Chamber Foundation legitimate?
Hendersonville Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hendersonville Chamber 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:
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Official website here: www.hendersonvillechamber.com/donate
What is the mission statement of Hendersonville Chamber Foundation?
The Hendersonville Chamber Foundation's mission revolves around providing support to educational institutions. This assistance extends to offering scholarships, aiming to aid students in their academic pursuits. Furthermore, the foundation also contributes to the local public schools, showing a commitment to the overall educational development of the community. In essence, the Hendersonville Chamber Foundation's mission is geared towards fostering educational growth and opportunities.
Official website here: www.hendersonvillechamber.com/donate
Who is the CEO of Hendersonville Chamber Foundation?
Lee Rucks is the Chair of Hendersonville Chamber Foundation.
Official website here: www.hendersonvillechamber.com/donate
What is the revenue of Hendersonville Chamber Foundation?
Hendersonville Chamber Foundation's revenue in 2022 was $46,423.
Official website here: www.hendersonvillechamber.com/donate
Who are the executives of Hendersonville Chamber Foundation and what are their salaries?
Here are 15 key members and their salaries:
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Official website here: www.hendersonvillechamber.com/donate
Where can I find the form 990 for Hendersonville Chamber Foundation?
Hendersonville Chamber Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hendersonvillechamber.com/donate
Learn more at the official website: www.hendersonvillechamber.com/donate
Mission Statement of Hendersonville Chamber Foundation
The Hendersonville Chamber Foundation is committed to supporting educational institutions. This nonprofit organization's mission is multifaceted, encompassing the provision of scholarships and offering assistance to public schools. By granting scholarships, the Hendersonville Chamber Foundation aids deserving individuals in pursuing their educational goals, thereby contributing to the development of a well-educated community. Additionally, the foundation extends its support to public schools, providing them with the resources they need to foster a conducive learning environment for their students.
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Impact
August, 2024
The impact of the Hendersonville Chamber Foundation can be seen in the direct support it provides to educational institutions, including scholarships. This support plays a crucial role in enhancing educational opportunities for students in the community and contributes to the overall improvement of public schools. Through its dedication to offering educational scholarships and assisting public schools, the foundation positively influences the academic pursuits and achievements of individuals in Hendersonville, TN.
This information is meant to be a general summary of Hendersonville Chamber 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: $81
- Gross Receipts: $71,668
Assets and Liabilities:
- Total Assets: $600,428
- Total Liabilities: $152,696
- Net Assets: $447,732
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Organization Details
Founding Year
1985
Phone
(615) 824-8218Principal Officer
Lee Rucks
Main Address
100 COUNTRY CLUB DR SUITE 104, HENDERSONVILLE, TN, 37075
NTEE Category
Code: S41 - Community improvement
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