Overview
What is Foundation For The Tri-State Community Inc?
Foundation for the Tri-State Community Inc, a community foundation based in Ashland, Kentucky, works tirelessly to enhance the quality of life in the Tri-State region, which comprises Kentucky, Ohio, and West Virginia. Established with a mission to encourage, raise, administer, and distribute charitable, cultural, educational, and scientific gifts, this nonprofit organization sponsors various programs that foster cultural and educational enrichment in the area. With a dedicated team of five employees, the Foundation for the Tri-State Community Inc aims to improve the lives of its residents by supporting charitable, cultural, educational, and scientific purposes.
Official website here: www.tristatefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Foundation For The Tri-State Community Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts a perfect score for its independent board members and robust financial oversight, indicating effective governance and transparency in operations. The absence of material diversion of assets further reinforces its financial integrity.
Strengths include a high program expense ratio, demonstrating a commitment to allocating funds towards its mission, as well as efficient fundraising practices. The organization has successfully established a solid working capital ratio, ensuring its long-term financial stability and ability to support ongoing initiatives.
However, there are areas for potential improvement, particularly in the program expense ratio, which, while commendable, could be optimized further to enhance the impact of its programs. Overall, the Foundation For The Tri-State Community Inc exemplifies strong leadership and adaptability, positioning itself as a responsible and impactful entity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Foundation For The Tri-State Community Inc?
94% of five reviewers on Facebook would recommend the Foundation For The Tri-State Community Inc. Here is a summary of their reviews:
The organization is praised for its exceptional leadership, highlighting that the Board Members possess significant professional expertise and commitment to the mission. This strong foundation of knowledge among the leaders has been noted as a vital aspect of the nonprofit's continued success in serving the community effectively.
Overall, there is a positive sentiment towards the Foundation, with reviews indicating that supporters feel reassured by the qualifications and dedication of those at the helm. The positive recommendations reflect a strong belief in the organization's ability to make a meaningful impact in the community.
This AI summary has been generated from reviews found on Facebook.
Is Foundation For The Tri-State Community Inc legitimate?
Foundation For The Tri-State Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For The Tri-State Community 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: $417,608
For more financial information, click here
Official website here: www.tristatefoundation.org
What is the mission statement of Foundation For The Tri-State Community Inc?
The Foundation for the Tri-State Community Inc is a community foundation established with the purpose of enhancing the quality of life in the tri-state region, which comprises Kentucky, Ohio, and West Virginia. To achieve this goal, the foundation encourages, raises, administers, and distributes charitable, cultural, educational, and scientific gifts. Their mission is carried out by sponsoring various programs aimed at the cultural and educational enrichment of the tri-state area. The primary objective of the foundation is to improve the community's overall well-being by supporting charitable, cultural, educational, and scientific causes.
Official website here: www.tristatefoundation.org
Who is the CEO of Foundation For The Tri-State Community Inc?
Mary Witten Wiseman is the CEO of Foundation For The Tri-State Community Inc The CEO's salary of Foundation For The Tri-State Community Inc is $190,931 and their total compensation is $221,659.
Official website here: www.tristatefoundation.org
What is the revenue of Foundation For The Tri-State Community Inc?
Foundation For The Tri-State Community Inc's revenue in 2023 was $1,339,607.
Official website here: www.tristatefoundation.org
Who are the executives of Foundation For The Tri-State Community Inc and what are their salaries?
The average compensation at Foundation For The Tri-State Community Inc during 2023 was $83,522. There are 5 employees at Foundation For The Tri-State Community Inc.
Here are 18 key members and their salaries (Foundation For The Tri-State Community Inc's CEO's salary is $190,931 and their total compensation is $221,659):
- Compensation: $190,931
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- Other: $30,728
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Official website here: www.tristatefoundation.org
Where can I find the form 990 for Foundation For The Tri-State Community Inc?
Foundation For The Tri-State Community Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tristatefoundation.org
Learn more at the official website: www.tristatefoundation.org
Mission Statement of Foundation For The Tri-State Community Inc
The Foundation for the Tri-State Community, Inc. is a community-focused organization established with the purpose of enhancing the quality of life in the tri-state region, which comprises Kentucky, Ohio, and West Virginia. To accomplish this mission, the foundation encourages, raises, administers, and distributes gifts for charitable, cultural, educational, and scientific purposes. By doing so, it aims to contribute to the overall development and progress of the tri-state area. The Foundation for the Tri-State Community, Inc. also sponsors numerous programs that promote cultural and educational enrichment within the region.
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Impact
July, 2024
Foundation For The Tri-State Community Inc works diligently to improve the quality of life in the Tri-State region of Kentucky, Ohio, and West Virginia. Through their efforts in encouraging, raising, administering, and distributing gifts for charitable, cultural, educational, and scientific purposes, the foundation has had a significant impact on the community. They sponsor various programs that enrich the cultural and educational landscape of the Tri-State area, contributing to its overall development and well-being. Their commitment to philanthropy is evident in the positive changes they bring to the region, making a lasting difference in the lives of those they serve.
This information is meant to be a general summary of Foundation For The Tri-State Community 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: $648,185
- Gross Receipts: $7,648,746
Assets and Liabilities:
- Total Assets: $29,289,421
- Total Liabilities: $412,374
- Net Assets: $28,877,047
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Organization Details
Founding Year
1972
Principal Officer
Mary Witten Wiseman
Website
www.tristatefoundation.orgNTEE Category
Code: T31Z - Philanthropy
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