Overview
What is Galveston Chamber Partnership Inc?
Galveston Chamber Partnership Inc is a nonprofit organization situated in Galveston, Texas, specifically at 519 25th Street. Their primary mission is to operate for charitable and educational purposes, soliciting and distributing funds or properties to qualified exempt organizations. One of their key activities is awarding scholarships to individuals, aiming to enhance their skills and contribute positively to the community. The nonprofit's objective is to contribute to the betterment of Galveston and its residents through charitable and educational initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning a Two-Star out of Four Star rating.
The Galveston Chamber Partnership Inc has received a moderate rating of 72%, indicating some strengths in its operations but also notable areas for improvement. The organization boasts a fully independent board and has shown no material diversion of assets, which reflects positively on its governance and financial integrity. Additionally, it has a strong program expense ratio, demonstrating effective allocation of resources towards its mission-related activities.
However, significant weaknesses were identified in the nonprofit's accountability and transparency. The Chamber Partnership has missing policies for conflict of interest, whistleblower protection, and document retention, which raises concerns about its commitment to ethical standards and governance practices. Furthermore, their website is not linked to their tax forms, which is a missed opportunity for transparency with stakeholders and the general public.
Overall, while the organization shows promise with its strong independent board and effective program spending, it must address its transparency issues and policy deficiencies to enhance its accountability and overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Galveston Chamber Partnership Inc legitimate?
Galveston Chamber Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Galveston Chamber Partnership Inc 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Galveston Chamber Partnership Inc?
Galveston Chamber Partnership Inc's mission is focused on charitable and educational pursuits. The organization primarily functions by collecting and distributing funds or resources to eligible charitable organizations. One of their key objectives is to award scholarships, aiming to enhance the recipient's skills and contribute positively to the community. By doing so, they contribute to the overall betterment and development of the community.
What is the revenue of Galveston Chamber Partnership Inc?
Galveston Chamber Partnership Inc's revenue in 2023 was $184,371.
Who are the executives of Galveston Chamber Partnership Inc and what are their salaries?
There 50 volunteers at Galveston Chamber Partnership Inc.
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Where can I find the form 990 for Galveston Chamber Partnership Inc?
Galveston Chamber Partnership Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Galveston Chamber Partnership Inc
Galveston Chamber Partnership Inc, a nonprofit organization, is dedicated to operating for charitable and educational purposes. Its mission involves the solicitation and distribution of funds or other property to organizations that qualify as exempt entities. This nonprofit aims to support these organizations in their pursuit of charitable and educational objectives. In addition to this, Galveston Chamber Partnership Inc awards scholarships to individuals seeking further education. The scholarships are designed to enhance a skill that is beneficial to the recipient and the community as a whole. The organization's actions aim to contribute positively to the community through education and the support of other charitable organizations.
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Impact
October, 2024
Galveston Chamber Partnership Inc significantly impacts the community by providing scholarships aimed at enhancing individuals' skills, thereby directly contributing to the educational and professional development of its recipients. This support not only benefits the individuals but also strengthens the community as a whole by fostering a more skilled workforce. By focusing on charitable and educational purposes, the organization ensures that its efforts create lasting positive effects, enabling recipients to pursue valuable educational opportunities that align with community needs. Furthermore, by collaborating with qualifying exempt organizations, it amplifies its reach and effectiveness, facilitating a ripple effect of improvement across various sectors in Galveston. Ultimately, the Galveston Chamber Partnership Inc plays a vital role in community enhancement through education and skill development.
This information is meant to be a general summary of Galveston Chamber Partnership Inc. 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.
- Investment Income: $25
- Gross Receipts: $184,371
Assets and Liabilities:
- Total Assets: $118,408
- Total Liabilities: $60,338
- Net Assets: $58,070
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Organization Details
Founding Year
1991
Principal Officer
Gina Spagnola
NTEE Category
Code: S20Z - Community improvement
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