Overview
What is Angelina County Chamber Of Commerce Foundation?
The Angelina County Chamber of Commerce Foundation is a nonprofit organization situated in Lufkin, Texas. Its primary focus is on fostering leadership development within the community. This involves running programs such as Leadership Lufkin and Leadership Tomorrow, which aim to nurture existing and potential leaders in Angelina County, as well as engage high school students in community service. During 2022, the foundation saw participation from 25 individuals in two classes of Leadership Lufkin and 50 students in two classes of Leadership Tomorrow. Over time, Leadership Lufkin has graduated over 800 individuals. The foundation also introduced the Leading Edge Program in 2022, which prepared professionals for community engagement and leadership through nonprofit board service. Beyond leadership development, the foundation is actively involved in administering various educational and economic development programs in association with the Angelina County Chamber of Commerce.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 51% (One-Star out of Four Stars)
The Angelina County Chamber of Commerce Foundation has received a One-Star rating from Charity Navigator, indicating significant room for improvement based on its overall score of 51%. This score is derived solely from its Accountability & Finance metrics. While the organization demonstrates strong governance with a fully independent board and no material diversion of assets, its program expense ratio indicates that a smaller portion of its budget is allocated to programs compared to administrative costs.
Strengths of the foundation include a robust accountability framework, evidenced by high scores across various governance metrics. The organization has 100% independent board members, a solid board size, and maintains thorough documentation of board meeting minutes. Additionally, their liabilities to assets ratio is excellent, demonstrating financial stability.
However, the foundation faces challenges in effectively allocating its resources toward its core programs, as reflected in the low program expense ratio of 52.34%. This suggests that less than half of its expenditures are directed towards fulfilling its mission, which may raise concerns among potential donors regarding the impact of their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Angelina County Chamber Of Commerce Foundation legitimate?
Angelina County Chamber Of Commerce Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Angelina County 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,590
For more financial information, click here
What is the mission statement of Angelina County Chamber Of Commerce Foundation?
The Angelina County Chamber of Commerce Foundation's mission involves administering various educational and economic development programs in conjunction with the Angelina County Chamber of Commerce. This organization aims to identify and develop potential leaders in the community through programs like Leadership Lufkin, which had 25 participants in 2022, and Leadership Tomorrow, which engaged 50 high school students. Over the years, Leadership Lufkin has graduated over 800 individuals. Furthermore, the Leading Edge Program, launched in 2022, prepared professionals for community engagement and leadership through service on nonprofit boards. This program saw 12 participants complete the program. In summary, the foundation's mission is to support the community's development through educational programs, fostering leadership skills and community involvement.
Who is the CEO of Angelina County Chamber Of Commerce Foundation?
Unavailable
What is the revenue of Angelina County Chamber Of Commerce Foundation?
Angelina County Chamber Of Commerce Foundation's revenue in 2022 was $47,697.
Who are the executives of Angelina County Chamber Of Commerce Foundation and what are their salaries?
There 200 volunteers at Angelina County Chamber Of Commerce Foundation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Angelina County Chamber Of Commerce Foundation?
Angelina County Chamber Of Commerce Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Angelina County Chamber Of Commerce Foundation
The Angelina County Chamber Of Commerce Foundation is dedicated to administering various educational and economic development programs, working in conjunction with the Angelina County Chamber of Commerce. This nonprofit organization's mission is to identify and cultivate potential leaders within the community through programs such as Leadership Lufkin and Leadership Tomorrow. The Leadership Lufkin program aims to develop existing leaders in Angelina County, while Leadership Tomorrow offers high school students an opportunity to explore community involvement and contribute back to their community. The Foundation also introduced the Leading Edge Program in 2022, which prepares professionals for community engagement and leadership through service on nonprofit boards. Over the years, the Leadership Lufkin program has seen over 801 graduates, and in 2022, 25 participants completed the program in two classes. The Leadership Tomorrow program, meanwhile, welcomed 50 participants in two classes during the same year. The Foundation's commitment to fostering leadership and community engagement is evident in its various programs and the impact they have had on Angelina County's leaders and future leaders.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Angelina County Chamber Of Commerce Foundation's impact can be seen through its administration of various educational and economic development programs in connection with the Angelina County Chamber of Commerce. Through programs like Leadership Lufkin, Leadership Tomorrow, and the Leading Edge Program, the foundation focuses on identifying and developing leaders in Angelina County, as well as preparing professionals for community engagement and leadership roles. These programs have seen participation from numerous individuals, with the Leadership Lufkin program alone having over 801 graduates over the years. This demonstrates the foundation's commitment to nurturing and empowering individuals to contribute positively to their community and local economy.
This information is meant to be a general summary of Angelina County 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: $30
- Program Service Revenue: $46,717
- Gross Receipts: $47,697
Assets and Liabilities:
- Total Assets: $373,614
- Total Liabilities: $11,493
- Net Assets: $362,121
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEADERSHIP PROGRAM
Revenue
$46,717
Organization Details
Founding Year
1984
Phone
(936) 634-6644Main Address
1615 S CHESTNUT, LUFKIN, TX, 75901
NTEE Category
Code: T30 - Philanthropy
If you are a representative of Angelina County Chamber Of Commerce Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.