Overview
What is Gatlinburg Chamber Of Commerce Foundation?
The Gatlinburg Chamber of Commerce Foundation is a dedicated nonprofit organization situated within the community. Its primary aim is to foster, strengthen, and amplify opportunities for quality education, environmental responsibility, and economic and workforce development issues. They accomplish this mission through various programs, including providing scholarships and financial assistance, community sponsorships, and promoting initiatives that enhance the overall livability and workability of Gatlinburg. The foundation's commitment extends to environmental stewardship, recognizing the importance of preserving the community's natural resources and promoting sustainable practices.
Official website here: www.gatlinburg.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star Rating
The Gatlinburg Chamber of Commerce Foundation has earned a strong Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial management. The overall score of 90% indicates a well-managed organization, with a focus on transparency and responsible governance. Notably, the charity has achieved perfect scores in critical areas such as independent board member representation, financial practices, and the presence of necessary policies.
The foundation boasts a fully independent board with 19 members, ensuring diverse perspectives in decision-making. Its financial health is also commendable, as indicated by a low liabilities-to-assets ratio of 47.45%, and a significant portion of expenses (74.36%) is dedicated to programs rather than administrative costs. This suggests that the organization is effectively channeling its resources towards fulfilling its mission.
However, the foundation does have room for improvement, as it is noted that a whistleblower policy is missing. While the absence of this policy is a limitation, the foundation’s overall governance structure and financial practices indicate a commitment to accountability and ethical standards.
This AI summary has been generated from information found on Charity Navigator.
Is Gatlinburg Chamber Of Commerce Foundation legitimate?
Gatlinburg Chamber Of Commerce Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gatlinburg Chamber Of Commerce 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.
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Official website here: www.gatlinburg.com
What is the mission statement of Gatlinburg Chamber Of Commerce Foundation?
The Gatlinburg Chamber of Commerce Foundation is dedicated to fostering opportunities in several crucial areas for the betterment of the community. Their mission involves encouraging, supporting, and promoting quality education, environmental stewardship, and economic and workforce-related issues. By doing so, they strive to enhance the livability and workability of the community. This is achieved through various programs, such as offering scholarships, making contributions, and sponsoring community events. The ultimate goal is to create a thriving and improved community environment.
Official website here: www.gatlinburg.com
Who is the CEO of Gatlinburg Chamber Of Commerce Foundation?
Jackelyn Schafer is the Chair of Gatlinburg Chamber Of Commerce Foundation.
Official website here: www.gatlinburg.com
What is the revenue of Gatlinburg Chamber Of Commerce Foundation?
Gatlinburg Chamber Of Commerce Foundation's revenue in 2022 was $58,073.
Official website here: www.gatlinburg.com
Who are the executives of Gatlinburg Chamber Of Commerce Foundation and what are their salaries?
Here are 21 key members and their salaries:
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Official website here: www.gatlinburg.com
Where can I find the form 990 for Gatlinburg Chamber Of Commerce Foundation?
Gatlinburg Chamber Of Commerce Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gatlinburg.com
Learn more at the official website: www.gatlinburg.com
Mission Statement of Gatlinburg Chamber Of Commerce Foundation
The Gatlinburg Chamber of Commerce Foundation is dedicated to enhancing the community by fostering opportunities related to education, environmental stewardship, and economic and workforce issues. Their primary objective is to transform Gatlinburg into an enriching place to reside and work. To achieve this mission, the foundation implements various programs, such as offering scholarships and contributions, and sponsoring community events. Through these initiatives, the Gatlinburg Chamber of Commerce Foundation aims to uplift the quality of life in the community, fostering a sense of progress and improvement.
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Impact
August, 2024
The Gatlinburg Chamber of Commerce Foundation's impact is centered around encouraging, supporting, and promoting opportunities for quality education, environmental stewardship, and economic and workforce-related issues within the community. Their mission is to make Gatlinburg a better place to live and work by providing programs such as scholarships, contributions, and community sponsorships. Through their initiatives, they contribute to the enhancement of education, environmental sustainability, and economic development in Gatlinburg, Tennessee.
This information is meant to be a general summary of Gatlinburg Chamber Of Commerce 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: $118
- Program Service Revenue: $3,542
- Gross Receipts: $58,073
Assets and Liabilities:
- Total Assets: $204,079
- Total Liabilities: $96,855
- Net Assets: $107,224
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EARTH DAY
Revenue
$2,778
DINE AND DISCOVER
Revenue
$764
Organization Details
Founding Year
1968
Phone
(865) 436-4178Principal Officer
Jackelyn Schafer
Main Address
PO BOX 527, GATLINBURG, TN, 37738
Website
www.gatlinburg.comNTEE Category
Code: S41Z - Community improvement
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