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Community Foundation Of Northeast Alabama

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

EIN: 630308398 ✦ Anniston, AL ✦ Designated as a 501(c)(3)

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Overview

What is Community Foundation Of Northeast Alabama?

The Community Foundation of Northeast Alabama is a nonprofit organization situated in Anniston, Alabama. With a dedicated workforce of 27 individuals, their primary focus is to foster positive change by harnessing the generosity of donors, both present and future. They achieve this by offering direct financial support to qualified 501(c)(3) organizations and educational institutions primarily based in Northeast Alabama. Additionally, they engage in direct purchasing related to charitable activities. The organization's mission extends beyond financial aid, as they contribute to the community by providing scholarships to eligible educational institutions.


Official website here: www.cfnea.org

What are the reviews and ratings of this charity?

Community Foundation Of Northeast Alabama has achieved a perfect score of 100% on Charity Navigator, securing a prestigious Four-Star out of Four Star rating. This rating underscores its exceptional performance in Accountability & Finance, reflecting strong governance and transparency. The foundation has a fully independent board with 14 members, and it excels in areas such as financial oversight, conflict of interest policies, and the efficient management of assets.

The foundation demonstrates impressive financial ratios, including a program expense ratio of 85.89%, indicating that a significant portion of its expenses is directed toward its charitable activities. With liabilities to assets at a low 6.04% and a fundraising efficiency ratio of just $0.03, the organization showcases its commitment to financial health and effective use of donations. Although certain categories such as Impact & Measurement and Leadership & Adaptability have not been scored, the current scores suggest a robust organization focused on accountability.

User reviews from GreatNonprofits could not be retrieved, which limits the insight into personal experiences with the foundation. Overall, the available data indicates that Community Foundation Of Northeast Alabama is a well-governed organization prioritizing transparency and the effective use of funds.


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

What do the Facebook reviews say about Community Foundation Of Northeast Alabama?

100% of 11 reviewers on Facebook recommend the Community Foundation of Northeast Alabama. Here is a summary of their reviews:

The Community Foundation has made a significant impact by providing essential resources to local organizations. One notable example is a grant that enabled Reaching Out International to acquire a refrigerator/freezer trailer, supporting their mission to feed approximately 3,000 people monthly across various counties. The positive feedback reflects gratitude for the foundation's commitment to helping community initiatives thrive.

Overall, the sentiment towards the Community Foundation is overwhelmingly positive, with users appreciating the tangible difference it has made in addressing local needs. This organization clearly demonstrates a strong dedication to supporting and enhancing community welfare through its programs and financial assistance.


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

Is Community Foundation Of Northeast Alabama legitimate?

Community Foundation Of Northeast Alabama is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Northeast Alabama 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: $246,499
Professional Fundraising Fees: $0
Other Salaries and Wages: $565,785

For more financial information, click here


Official website here: www.cfnea.org

What is the mission statement of Community Foundation Of Northeast Alabama?

The Community Foundation of Northeast Alabama's mission is centered around achieving positive change. This is accomplished through the generosity of donors, both present and those to come. The organization aims to support qualified 501(c)(3) organizations and provides scholarship assistance to eligible educational institutions, primarily in the Northeast Alabama region. Additionally, the foundation engages in direct purchasing activities related to charitable activities.


Official website here: www.cfnea.org

Who is the CEO of Community Foundation Of Northeast Alabama?

Jennifer S Maddox is the Trustee of Community Foundation Of Northeast Alabama. The CEO's salary of Community Foundation Of Northeast Alabama is $175,099 and their total compensation is $209,065.


Official website here: www.cfnea.org

What is the revenue of Community Foundation Of Northeast Alabama?

Community Foundation Of Northeast Alabama's revenue in 2022 was $8,511,265.


Official website here: www.cfnea.org

Who are the executives of Community Foundation Of Northeast Alabama and what are their salaries?

The average compensation at Community Foundation Of Northeast Alabama during 2022 was $30,085. There are 27 employees and 107 volunteers at Community Foundation Of Northeast Alabama.


Here are 17 key members and their salaries (Community Foundation Of Northeast Alabama's CEO's salary is $175,099 and their total compensation is $209,065):


Al Shumaker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Cook (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blair Goodgame (Board Vice Chair & Nominating Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reuben Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nanda Patel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Swift (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Bennett (Grants Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Baker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ammons (Scholarships Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Berry (Secretary & Audit Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Rochester (Treasurer & F&I Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Baker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Lavender (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Mobley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Long (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer S Maddox (President & Ceo)
  • Compensation: $175,099
  • Related: $0
  • Other: $33,966
Deborah Pfledderer (Cfo)
  • Compensation: $73,200
  • Related: $0
  • Other: $35,165


Official website here: www.cfnea.org

Where can I find the form 990 for Community Foundation Of Northeast Alabama?

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


Official website here: www.cfnea.org

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

Mission Statement of Community Foundation Of Northeast Alabama

The Community Foundation of Northeast Alabama is committed to fostering positive change through the generosity of donors, with a vision that extends beyond the present and reaches future generations. This mission-driven organization actively supports qualified 501(c)(3) organizations, providing them with direct financial aid. Furthermore, the foundation extends its charitable activities by directly purchasing items when necessary. Additionally, the Community Foundation of Northeast Alabama offers scholarship support to eligible educational institutions, primarily based in the northeastern region of Alabama. By leveraging the kindness and philanthropy of its donors, this organization aims to make a lasting impact on the community, fostering growth and development for generations to come.

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Impact




July, 2024

The Community Foundation Of Northeast Alabama's impact lies in achieving positive change through the generosity of donors, both now and for generations to come. Through its direct support to qualified 501(c)(3) organizations and scholarship assistance to educational institutions primarily located in Northeast Alabama, the foundation plays a crucial role in empowering and uplifting communities in the region. By facilitating charitable activities and fostering philanthropy, the foundation contributes to improving the quality of life and promoting sustainable positive transformations in the area.




This information is meant to be a general summary of Community Foundation Of Northeast Alabama. 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
$8,511,265 (2022)
Expenses
$4,576,264 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,606,227
  • Program Service Revenue: $978,439
  • Gross Receipts: $13,210,559

Assets and Liabilities:

  • Total Assets: $52,289,090
  • Total Liabilities: $3,741,838
  • Net Assets: $48,547,252

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMIN & PROJECT FEE

Revenue

$978,439

Organization Details

Founding Year

1999

Principal Officer

Jennifer S Maddox

Main Address

1130 QUINTARD AVENUE 100, ANNISTON, AL, 36201

NTEE Category

Code: T31 - Philanthropy

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