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Carolina Loggers Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 812622716 ✦ Henderson, NC ✦ Designated as a 501(c)(3)

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Overview

What is Carolina Loggers Foundation Inc?

Carolina Loggers Foundation Inc is a nonprofit organization based in Henderson, North Carolina. With a focus on supporting children's health, the foundation contributes to North Carolina's Children's Miracle Network Hospitals and other children's hospitals nationwide. Their mission is to provide financial aid for research and treatment at hospitals specifically for children. Additionally, they aim to foster professionalism and community service among forest industry professionals by offering educational opportunities. This is done to enhance their members' skills and contribute to the betterment of children's health through improved medical care.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star rating)

The Carolina Loggers Foundation Inc has achieved an 80% rating from Charity Navigator, earning a Three-Star designation. This score reflects solid performance in accountability and finance, indicating that the organization maintains a strong operational framework. With a perfect score for the majority of independent board members and an exemplary liabilities to assets ratio, the foundation demonstrates prudent financial management.

Strengths of the Carolina Loggers Foundation Inc include a high program expense ratio of 99.22%, meaning that nearly all of its expenses are dedicated to its programs. The organization also scores well in governance practices, including a comprehensive conflict of interest policy and thorough documentation of board meeting minutes. These factors contribute to a positive assessment of its operational effectiveness.

While the foundation showcases impressive financial indicators, the overall Three-Star rating suggests there may be areas for continued improvement. However, the organization’s commitment to transparency and accountability is evident in its high scores across key evaluation criteria. Overall, the Carolina Loggers Foundation Inc is positioned as a responsible and effective nonprofit within its focus area.


This AI summary has been generated from information found on Charity Navigator.

Is Carolina Loggers Foundation Inc legitimate?

Carolina Loggers Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carolina Loggers 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

For more financial information, click here

What is the mission statement of Carolina Loggers Foundation Inc?

Carolina Loggers Foundation Inc's mission is centered around supporting the advancement of research and treatment for children's hospitals both in North Carolina and nationwide. The organization aims to enhance the commitment of forest industry professionals towards professionalism and community service through educational opportunities. Furthermore, they strive to improve children's health by providing treatment, education, and research in children's hospitals. This foundation provides support to North Carolina's Children's Miracle Network Hospitals and other children's hospitals across the country, contributing to the overall well-being of children.

Who is the CEO of Carolina Loggers Foundation Inc?

Weldon Capps is the President of Carolina Loggers Foundation Inc.

What is the revenue of Carolina Loggers Foundation Inc?

Carolina Loggers Foundation Inc's revenue in 2022 was $155,560.

Who are the executives of Carolina Loggers Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Weldon Chip Capps (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Ross (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Reese (Secretary/ Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Corey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Carolina Loggers Foundation Inc?

Carolina Loggers Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Carolina Loggers Foundation Inc

Carolina Loggers Foundation Inc, a nonprofit organization, is dedicated to supporting research and treatment at children's hospitals. Their mission is threefold: firstly, they aim to enhance the commitment of forest industry professionals towards professionalism and community service by providing educational opportunities to members of the forest industry profession. Secondly, they strive to improve children's health nationwide, not just in North Carolina. This is achieved through various treatments and educational initiatives at children's hospitals. The Foundation supports North Carolina's Children's Miracle Network Hospitals, along with other children's hospitals across the United States, in their efforts to provide the best possible care for sick children. By doing so, Carolina Loggers Foundation Inc plays a significant role in improving the lives of countless children and their families.

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Impact




October, 2024

Carolina Loggers Foundation Inc plays a vital role in enhancing the professionalism and community engagement of forest industry professionals. By offering educational opportunities, the foundation fosters a commitment to high standards within the industry, ensuring that its members are well-equipped to serve their communities.

Additionally, the foundation's impact extends significantly to children's health. It supports the Children's Miracle Network Hospitals and other pediatric hospitals, prioritizing research and treatment for children facing health challenges. This effort not only improves healthcare outcomes for young patients in North Carolina but also contributes to advancements in pediatric care nationwide. Through its initiatives, Carolina Loggers Foundation Inc effectively bridges the gap between professional development in the forestry sector and essential healthcare support for children, creating a positive ripple effect throughout the community.




This information is meant to be a general summary of Carolina Loggers 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.

Revenue
$155,560 (2022)
Expenses
$201,021 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $36
  • Gross Receipts: $167,687

Assets and Liabilities:

  • Total Assets: $16,404
  • Total Liabilities: $0
  • Net Assets: $16,404

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Organization Details

Founding Year

2017

Principal Officer

Weldon Capps

Main Address

PO BOX 785, HENDERSON, NC, 27536

NTEE Category

Code: W03 - Public benefit

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