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Greater Nicollet Area Community Foundation

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

EIN: 611695968 ✦ Nicollet, MN ✦ Designated as a 501(c)(3)

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Overview

What is Greater Nicollet Area Community Foundation?

The Greater Nicollet Area Community Foundation is a dedicated nonprofit organization committed to enhancing its community. It actively engages in various initiatives, such as supporting the Nicollet Public School for Junior Achievement programs and organizing field trips. Furthermore, the foundation contributes to replacing basketball backboards, offering aid for school band trips, and collaborating on theater productions. In addition, the organization extends its reach by awarding grants, like one to the Nicollet Early Childhood Center for a playground facility upgrade. Overall, the Greater Nicollet Area Community Foundation is a proactive entity working towards community improvement.


Official website here: www.investinnicollet.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)

The Greater Nicollet Area Community Foundation has received a score of 76% from Charity Navigator, indicating a solid level of accountability and financial management. The foundation's overall rating is derived entirely from its Accountability & Finance score, reflecting a strong emphasis on responsible governance, although it falls short in some policy areas.

One of the organization's notable strengths includes having a fully independent board, which demonstrates commitment to transparency and good governance. They also maintain a high program expense ratio of 87.91%, meaning that a substantial portion of their funds is directed toward fulfilling their mission rather than administrative costs.

However, the foundation has been marked down for the absence of several important policies, including conflict of interest and whistleblower policies, which could raise concerns about governance practices. Addressing these gaps could enhance their overall rating and strengthen stakeholder trust.


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

Is Greater Nicollet Area Community Foundation legitimate?

Greater Nicollet Area Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Nicollet Area Community 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.investinnicollet.org

What is the mission statement of Greater Nicollet Area Community Foundation?

The Greater Nicollet Area Community Foundation is committed to enhancing its local community. As part of its mission, it supports various initiatives such as the Junior Achievement program in the Nicollet Public School and organizes educational field trips. The foundation also contributes to improving facilities, like replacing basketball backboards and providing support for school band trips. Furthermore, it collaborates on theater productions and has granted funds to the Nicollet Early Childhood Center for a long-term project to update playground facilities. In essence, the foundation's mission is to contribute to the betterment of its community by supporting educational and developmental initiatives.


Official website here: www.investinnicollet.org

Who is the CEO of Greater Nicollet Area Community Foundation?

Susan Keithahan is the President of Greater Nicollet Area Community Foundation.


Official website here: www.investinnicollet.org

What is the revenue of Greater Nicollet Area Community Foundation?

Greater Nicollet Area Community Foundation's revenue in 2022 was $52,049.


Official website here: www.investinnicollet.org

Who are the executives of Greater Nicollet Area Community Foundation and what are their salaries?


Here are 7 key members and their salaries:


Gary Schmidt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Potter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Erickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Keithahan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Peters (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Wagner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Renne (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.investinnicollet.org

Where can I find the form 990 for Greater Nicollet Area Community Foundation?

Greater Nicollet Area Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.investinnicollet.org

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

Mission Statement of Greater Nicollet Area Community Foundation

The Greater Nicollet Area Community Foundation is committed to enhancing its community. This nonprofit organization undertakes various initiatives to achieve this goal. One of its key activities is supporting the Nicollet Public School, contributing to programs such as Junior Achievement and organizing educational field trips. Furthermore, the foundation extends its assistance to the school's basketball team by replacing worn-out backboards and sponsoring band trips. Additionally, the organization collaborates with the school on theater productions. In terms of early childhood development, the Greater Nicollet Area Community Foundation has awarded a grant to Nicollet Early Childhood Center for a major project aimed at updating the playground facilities. In summary, the Greater Nicollet Area Community Foundation is dedicated to improving its community through various educational and developmental initiatives, including support for schools and early childhood centers.

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Impact




August, 2024

The Greater Nicollet Area Community Foundation has had a significant impact on the community by supporting various education initiatives in the Nicollet area. This includes providing resources for the Nicollet Public School Junior Achievement program, funding field trips for students, replacing basketball backboards, and supporting school band trips. In addition, the foundation awarded a grant to the Nicollet Early Childhood Center for playground improvements. Through these efforts, the foundation is actively contributing to the educational and recreational development of the community, making a positive difference in the lives of residents in Nicollet, MN.




This information is meant to be a general summary of Greater Nicollet Area Community 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.

Revenue
$52,049 (2022)
Expenses
$18,311 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $17,600
  • Gross Receipts: $53,267

Assets and Liabilities:

  • Total Assets: $572,537
  • Total Liabilities: $0
  • Net Assets: $572,537

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Organization Details

Founding Year

2012

Principal Officer

Susan Keithahan

Main Address

401 Pine Street PO Box 416, Nicollet, MN, 56074

NTEE Category

Code: T31 - Philanthropy

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