Overview
What is Community Connections Foundation Inc?
Community Connections Foundation Inc, situated in Boston, Massachusetts, is a nonprofit organization that dedicates its efforts towards charitable and educational purposes. Their primary mission involves receiving, administering, and distributing funds related to activities aligned with these purposes. The foundation raises funds through events such as the annual golf tournament and donates them primarily to organizations focusing on medical research, homelessness, and children's causes.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star rating.
Community Connections Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance as indicated by an overall score derived from various financial metrics. The charity has achieved an impressive 100% rating for its independent board members, showcasing a robust governance structure, and it has no material diversion of assets, which highlights financial integrity.
The organization demonstrates effective financial management, with a program expense ratio of 97.40%, meaning that the vast majority of its funds are allocated directly to its programs rather than administrative costs. This efficiency indicates a strong focus on delivering its mission and maximizing the impact of donations received.
Additionally, Community Connections Foundation Inc has established important policies, including conflict of interest and whistleblower protections, which add to its credibility and transparency. Overall, the nonprofit exhibits strong financial health and governance, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Community Connections Foundation Inc legitimate?
Community Connections Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Connections Foundation 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Community Connections Foundation Inc?
Community Connections Foundation Inc's mission is centered around charitable and educational purposes. The organization receives, manages, and distributes funds for activities aligned with these objectives. They primarily support organizations engaged in medical research, addressing homelessness, and advocating for children's causes. This is achieved through various means, including an annual golf tournament that generates funds for donation.
Who is the CEO of Community Connections Foundation Inc?
Philip Litos is the President of Community Connections Foundation Inc.
What is the revenue of Community Connections Foundation Inc?
Community Connections Foundation Inc's revenue in 2022 was $207,233.
Who are the executives of Community Connections Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Community Connections Foundation Inc?
Community Connections Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Connections Foundation Inc
Community Connections Foundation Inc is dedicated to serving charitable and educational purposes. It accomplishes this by receiving, managing, and distributing funds in connection with activities that align with these objectives. The organization's mission is multifaceted, focusing on medical research, addressing homelessness, and supporting causes related to children. By hosting an annual golf tournament and soliciting contributions, Community Connections Foundation Inc is able to donate these funds to organizations that share its mission, thereby contributing to positive change in these areas.
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Impact
October, 2024
Community Connections Foundation Inc has a significant impact on charitable and educational initiatives, focusing on crucial areas such as medical research, homelessness, and child welfare. Through its annual golf tournament, the organization generates funds that are directed towards supporting various charities and educational programs. This financial support contributes to advancements in medical research, providing essential resources for innovations in health care. Additionally, the foundation plays a vital role in addressing homelessness by funding outreach programs and services that assist vulnerable populations. Furthermore, its commitment to child-focused causes ensures that young individuals receive the support and opportunities needed for their development and well-being. Overall, Community Connections Foundation Inc actively promotes philanthropy, fostering positive change and enhancing the quality of life in the Boston community and beyond.
This information is meant to be a general summary of Community Connections Foundation 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 2022.
- Gross Receipts: $292,570
Assets and Liabilities:
- Total Assets: $166,262
- Total Liabilities: $4,900
- Net Assets: $161,362
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Organization Details
Founding Year
2005
Principal Officer
Philip Litos
Main Address
177 Milk Street 3rd Floor, Boston, MA, 02109
NTEE Category
Code: T123 - Philanthropy
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