Overview
What is Community Foundation Of Des Moines County?
The Community Foundation of Des Moines County is a local nonprofit organization situated in Burlington, Iowa, specifically at 301 Jefferson Street, with a postal code of 52601. Its primary mission is to improve the quality of life within Des Moines County by serving as a platform for permanent charitable giving. This enables the organization to cater to the varied needs of donors and the community, ensuring support for both current and future requirements. The Community Foundation of Des Moines County achieves this by granting funds to local organizations operating within the county. Furthermore, they have also transferred endowed assets to the Keokuk Area Community Foundation, extending their reach and impact beyond Des Moines County.
Official website here: www.cfdmc.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (61%)
The Community Foundation Of Des Moines County has received a two-star rating from Charity Navigator, indicating that while the organization shows some strengths, there are significant areas for improvement. Its overall score is based entirely on accountability and finance metrics, reflecting a strong commitment to program expenses, which are at 96.12%. This suggests that the majority of its resources are directed towards its mission, a positive aspect for potential donors.
However, the foundation faces serious shortcomings in key governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy has resulted in a lower accountability score. Additionally, while the foundation has an independent board and no reported material diversion of assets, the high liabilities to assets ratio of 95.01% raises concerns about its financial stability.
In summary, while the Community Foundation Of Des Moines County directs a substantial portion of its expenses towards programs, the lack of essential governance policies and a concerning financial ratio indicates that interested supporters should consider these factors carefully before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of Des Moines County legitimate?
Community Foundation Of Des Moines County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Des Moines County 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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Official website here: www.cfdmc.org/
What is the mission statement of Community Foundation Of Des Moines County?
The Community Foundation aims to enhance the quality of life within its community by providing a means for permanent charitable giving. This mission is geared towards meeting the needs of all donors and the community, both currently and in the future. The organization accomplishes this by granting funds to local organizations within the community and transferring endowed assets to the Keokuk Area Community Foundation.
Official website here: www.cfdmc.org/
Who is the CEO of Community Foundation Of Des Moines County?
Dennis Wilson is the Director of Community Foundation Of Des Moines County.
Official website here: www.cfdmc.org/
What is the revenue of Community Foundation Of Des Moines County?
Community Foundation Of Des Moines County's revenue in 2021 was $30,879.
Official website here: www.cfdmc.org/
Who are the executives of Community Foundation Of Des Moines County and what are their salaries?
There 17 volunteers at Community Foundation Of Des Moines County.
Here are 17 key members and their salaries:
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Official website here: www.cfdmc.org/
Where can I find the form 990 for Community Foundation Of Des Moines County?
Community Foundation Of Des Moines County's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.cfdmc.org/
Learn more at the official website: www.cfdmc.org/
Mission Statement of Community Foundation Of Des Moines County
The Community Foundation of Des Moines County is dedicated to enhancing the overall quality of life within the community. As a charitable organization, its mission is to serve as a platform for perpetual giving, catering to the needs of both donors and the community as a whole. This mission aims to address present and future demands, ensuring that the foundation's actions contribute positively to the lives of its residents.
In pursuit of its mission, the Community Foundation of Des Moines County grants funds to local organizations within the county. This financial support is instrumental in driving various initiatives and projects that contribute to the community's wellbeing. Additionally, the foundation transfers endowed assets to the Keokuk Area Community Foundation, further expanding its reach and impact. By providing a means for charitable giving, the Community Foundation of Des Moines County plays a pivotal role in shaping the future of its community, addressing its needs, and fostering a positive environment for its residents.
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Impact
August, 2024
Community Foundation Of Des Moines County plays a crucial role in enhancing the quality of life within Des Moines County by providing a means for permanent charitable giving to meet the needs of donors and the community both now and in the future. Through grants to local organizations within Des Moines County and the transfer of endowed assets to the Keokuk Area Community Foundation, the foundation is actively contributing to the betterment of the community in Burlington, Iowa. Its philanthropic efforts have a wide-reaching impact, supporting various causes and projects that positively influence the lives of individuals in the area.
This information is meant to be a general summary of Community Foundation Of Des Moines County. 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 2021.
- Investment Income: $1
- Program Service Revenue: $19,878
- Gross Receipts: $30,879
Assets and Liabilities:
- Total Assets: $1,241,491
- Total Liabilities: $1,179,623
- Net Assets: $61,868
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$19,878
Organization Details
Principal Officer
Dennis Wilson
Main Address
301 JEFFERSON STREET, BURLINGTON, IA, 52601
Website
www.cfdmc.org/NTEE Category
Code: T30 - Philanthropy
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