Overview
What is St George Chamber Foundation?
The St George Chamber Foundation is a nonprofit organization situated in St. George, Utah, specifically at 136 N 100 E. Their primary objective is to support local small businesses in financial distress by distributing grants and donations received from external donors. By doing so, they aim to contribute to the economic and financial growth of businesses within the St. George community. The foundation accomplishes this mission by managing and distributing the funds it receives, ultimately assisting these businesses in overcoming financial challenges and thriving.
Official website here: www.stgeorgechamber.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating. This rating reflects a strong emphasis on accountability and finance, indicating that the St George Chamber Foundation performs well in supporting its mission effectively while maintaining financial integrity.
The organization has demonstrated notable strengths, particularly in governance and financial management. With a board comprised entirely of independent members and no material diversion of assets, it scores full points in critical areas, including conflict of interest and whistleblower policies. Additionally, an impressive program expense ratio of 98.96% suggests that nearly all funds are directed toward fulfilling the foundation's objectives.
However, the organization’s rating is based solely on the accountability and finance beacon, which limits a comprehensive view of its overall performance. While it excels in financial accountability, potential donors and stakeholders may want to explore additional factors, such as program effectiveness and impact, to gain a fuller understanding of its operational success.
This AI summary has been generated from information found on Charity Navigator.
Is St George Chamber Foundation legitimate?
St George Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St George Chamber 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.stgeorgechamber.com
What is the mission statement of St George Chamber Foundation?
The St George Chamber Foundation's mission is to aid businesses in thriving economically and financially within their community. They accomplish this by distributing grants and donations they receive from various external sources. By managing and dispensing these funds, they offer financial assistance to local small businesses in need. This organization's primary objective is to contribute to the economic growth and stability of the business community.
Official website here: www.stgeorgechamber.com
Who is the CEO of St George Chamber Foundation?
Shawn Christensen is the CEO of St George Chamber Foundation The CEO's salary of St George Chamber Foundation is $0 and their total compensation is $0.
Official website here: www.stgeorgechamber.com
What is the revenue of St George Chamber Foundation?
St George Chamber Foundation's revenue in 2023 was $1,564.
Official website here: www.stgeorgechamber.com
Who are the executives of St George Chamber Foundation and what are their salaries?
Here are 16 key members and their salaries (St George Chamber Foundation's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.stgeorgechamber.com
Where can I find the form 990 for St George Chamber Foundation?
St George Chamber Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.stgeorgechamber.com
Learn more at the official website: www.stgeorgechamber.com
Mission Statement of St George Chamber Foundation
The St. George Chamber Foundation is dedicated to helping businesses in the St. George community prosper economically and financially. They achieve this by managing and distributing funds they receive from various grants and local donors to small businesses in need of financial assistance. This nonprofit organization serves as a crucial source of financial support, aiding businesses in overcoming financial challenges and thriving in their respective fields. By distributing grants and donations, the St. George Chamber Foundation plays a significant role in stimulating economic growth and ensuring the financial stability of businesses within the community.
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Impact
August, 2024
The St George Chamber Foundation's impact is felt directly in the St. George community, as it plays a crucial role in supporting local businesses to thrive economically and financially. By managing and distributing funds received from grants and local donors, the foundation provides much-needed financial assistance to various small businesses in need. This creates a ripple effect that boosts the local economy, fosters growth, and contributes to the overall wellbeing of the community in St. George, Utah.
This information is meant to be a general summary of St George Chamber 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 2023.
- Gross Receipts: $1,564
Assets and Liabilities:
- Total Assets: $93,168
- Total Liabilities: $0
- Net Assets: $93,168
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Organization Details
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