Overview
What is Sempra Employee Giving Network?
Sempra Employee Giving Network is a charitable program initiated by Sempra's employees. Their mission is to encourage, organize, and facilitate support for community-based charitable organizations chosen by the employees themselves. The funds collected through this program are then distributed to these organizations on behalf of the Sempra employees. By participating in Sempra Employee Giving Network, employees contribute to the betterment of their local communities. The program is based in San Diego, California, with the address 488 8TH AVENUE HQ-08N1.
Official website here: www.sempraemployeegiving.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Stars
The Sempra Employee Giving Network has received a Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. The charity's overall score is driven completely by its Accountability & Finance metrics, which stands at an impressive score of 85. This reflects a strong commitment to maintaining fiduciary responsibilities and transparency in its operations.
Strengths of the organization include a fully independent board, with all eight members meeting independence criteria, and a perfect score for policies related to conflict of interest, whistleblower protections, and document retention. Additionally, the charity has demonstrated excellent financial management, evidenced by a very low liabilities-to-assets ratio and a high program expense ratio of 96.58%, suggesting that a significant portion of its resources is directed towards its charitable programs.
While the rating is strong, the focus on a single beacon score may limit a broader understanding of the organization's impact. Nonetheless, the high accountability and finance scores indicate that the Sempra Employee Giving Network is effectively managing its resources and upholding best practices in governance.
This AI summary has been generated from information found on Charity Navigator.
Is Sempra Employee Giving Network legitimate?
Sempra Employee Giving Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sempra Employee Giving Network 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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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sempraemployeegiving.com
What is the mission statement of Sempra Employee Giving Network?
The Sempra Employee Giving Network was established by employees of the Sempra family of companies with the aim to encourage, organize, and facilitate support for community-based charitable organizations. The network serves as a platform for employees to choose and contribute to the charities they wish to support. Sempra Employee Giving Network's mission is to collect and distribute these contributions to various charitable organizations on behalf of the employees. This initiative fosters a sense of community engagement and social responsibility among the employees of the Sempra family of companies.
Official website here: www.sempraemployeegiving.com
Who is the CEO of Sempra Employee Giving Network?
Penney Newell is the Principal Officer of Sempra Employee Giving Network.
Official website here: www.sempraemployeegiving.com
What is the revenue of Sempra Employee Giving Network?
Sempra Employee Giving Network's revenue in 2022 was $1,680,445.
Official website here: www.sempraemployeegiving.com
Who are the executives of Sempra Employee Giving Network and what are their salaries?
There 10 volunteers at Sempra Employee Giving Network.
Here are 10 key members and their salaries:
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Official website here: www.sempraemployeegiving.com
Where can I find the form 990 for Sempra Employee Giving Network?
Sempra Employee Giving Network's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sempraemployeegiving.com
Learn more at the official website: www.sempraemployeegiving.com
Mission Statement of Sempra Employee Giving Network
Sempra Employee Giving Network, a charitable organization initiated and supported by employees within the Sempra family of companies, is committed to encouraging, organizing, and facilitating contributions to community-based charitable organizations. The network's primary mission is to empower its employees by providing them with a platform to choose and support the charitable organizations that resonate with them on a personal level. By participating in Sempra Employee Giving Network, contributions are collected and subsequently distributed to various charitable organizations, acting as a bridge between the company's employees and the causes they care about most.
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Impact
July, 2024
The Sempra Employee Giving Network's impact can be seen in its efforts to encourage, organize, and facilitate support for community-based charitable organizations. Through Sempra's employee gift giving program, contributions collected are distributed to various charitable organizations on behalf of Sempra employees. This initiative, formed by and for employees of the Sempra family of companies, aims to make a positive difference by supporting charitable causes chosen by the employees themselves. Their mission reflects a commitment to philanthropy and making a meaningful impact in the community.
This information is meant to be a general summary of Sempra Employee Giving Network. 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: $130
- Gross Receipts: $1,680,445
Assets and Liabilities:
- Total Assets: $427,976
- Total Liabilities: $0
- Net Assets: $427,976
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Organization Details
Founding Year
2002
Phone
(619) 696-2000Principal Officer
Penney Newell
Main Address
488 8TH AVENUE HQ-08N1, SAN DIEGO, CA, 92101
Website
www.sempraemployeegiving.comNTEE Category
Code: T30 - Philanthropy
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