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Pinebelt Foundation

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

EIN: 721390352 ✦ Hattiesburg, MS ✦ Designated as a 501(c)(3)

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Overview

What is Pinebelt Foundation?

The Pinebelt Foundation is a not-for-profit organization situated in Hattiesburg, Mississippi, with a postal address at 1501 Adeline Street, 39401. Its primary mission is to support charitable activities that positively impact the residents of the Pine Belt area in South Mississippi. By embodying a driving force in the region, the foundation aims to strengthen communities through philanthropy. Donors are encouraged to establish charitable legacies and lead in addressing community needs in a responsible, responsive, and enduring manner. The foundation's activities primarily consist of disbursing contributions and funding for various charitable programs. With a team of three dedicated individuals, the Pinebelt Foundation plays a significant role in fostering community development and betterment in the Pine Belt area.


Official website here: www.pinebeltfoundation.org

What are the reviews and ratings of this charity?

**Pinebelt Foundation - Charity Navigator Rating: 97% (Four-Star out of Four Stars)**

The Pinebelt Foundation boasts an impressive 97% rating from Charity Navigator, which reflects its strong accountability and financial health. The entirety of the score derives from key financial benchmarks, indicating robust management practices and transparency in operations. The organization maintains a fully independent board with 22 members, reinforcing its commitment to good governance.

Strengths highlighted in the evaluation include an excellent ratio of program expenses, with 93.38% of its resources allocated directly to its programs. The foundation also demonstrates remarkable financial stability, with a low liability to assets ratio and substantial working capital available for future initiatives. Although the organization has not been scored for impact, culture, community, or leadership adaptability, its financial metrics suggest a solid foundation for future development.

Notably, there are no available user reviews from GreatNonprofits, which limits insights from direct feedback by individuals engaged with the foundation. Nonetheless, the strong financial indicators and commitment to accountability present a positive picture of the Pinebelt Foundation’s operations.


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

Is Pinebelt Foundation legitimate?

Pinebelt Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pinebelt 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: $194,913

For more financial information, click here


Official website here: www.pinebeltfoundation.org

What is the mission statement of Pinebelt Foundation?

The Pinebelt Foundation, a not-for-profit organization, is committed to enhancing communities by supporting charitable activities. Their mission is to build stronger communities through philanthropy. By providing donors with the opportunity to establish charitable legacies and lead in addressing community needs, they aim to do so in a responsible, responsive, and lasting manner. The foundation serves as a driving force in its region, striving to make significant contributions to the well-being of its communities.


Official website here: www.pinebeltfoundation.org

Who is the CEO of Pinebelt Foundation?

Mike Dixon is the Treasurer of Pinebelt Foundation.


Official website here: www.pinebeltfoundation.org

What is the revenue of Pinebelt Foundation?

Pinebelt Foundation's revenue in 2022 was $11,076,080.


Official website here: www.pinebeltfoundation.org

Who are the executives of Pinebelt Foundation and what are their salaries?

The average compensation at Pinebelt Foundation during 2022 was $64,971. There are 3 employees and 75 volunteers at Pinebelt Foundation.


Here are 5 key members and their salaries:


Carlos Brown (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Hanberry (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lou Mapp (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Priebe (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Wilson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pinebeltfoundation.org

Where can I find the form 990 for Pinebelt Foundation?

Pinebelt Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pinebeltfoundation.org

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

Mission Statement of Pinebelt Foundation

Pinebelt Foundation is a non-profit organization dedicated to supporting charitable activities that enhance the lives of residents in the Pine Belt area of Mississippi. Its mission is centered around building stronger communities through philanthropy. As a driving force in the region, the foundation encourages donors to establish charitable legacies and take on leadership roles to address community needs in a responsible, responsive, and lasting manner. By providing this support, Pinebelt Foundation aims to contribute significantly to the betterment of the communities it serves.

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Impact




July, 2024

Pinebelt Foundation's impact can be seen in the positive changes it brings to the Pine Belt area of South Mississippi. By supporting charitable activities and initiatives, the foundation works towards building better communities through philanthropy. Donors have the opportunity to establish charitable legacies and address community needs in a responsible, responsive, and lasting manner. Through its programs and contributions, Pinebelt Foundation plays a vital role in strengthening and improving the quality of life for residents in the region.




This information is meant to be a general summary of Pinebelt 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
$11,076,080 (2022)
Expenses
$5,719,712 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $307,654
  • Gross Receipts: $11,179,053

Assets and Liabilities:

  • Total Assets: $26,293,716
  • Total Liabilities: $808,640
  • Net Assets: $25,485,076

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Organization Details

Founding Year

1997

Principal Officer

Mike Dixon

Main Address

1501 ADELINE STREET, HATTIESBURG, MS, 39401

NTEE Category

Code: T31 - Philanthropy

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