Overview
What is North Bay Association Of Realtors Charity?
The North Bay Association of Realtors Charity is a nonprofit organization that generously raises funds to aid various local organizations. Although it lacks a formal mission statement, its primary objective is to provide financial support to these entities. Throughout the year, the charity organizes fundraising events, one of which took place during the period under review. The contributions made during these events, totaling $6,982, were distributed among ten deserving nonprofits. In addition to its financial support, the charity also offers scholarships to individuals pursuing higher education. In the 2021 academic year, the charity awarded 17 scholarships worth an impressive $30,777. The charity's efforts are vital in uplifting and empowering both organizations and individuals in the North Bay area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating
The North Bay Association of Realtors Charity has achieved an impressive 94% rating from Charity Navigator, reflecting strong performance in accountability and finance. This high score indicates a well-managed organization with robust financial health and transparency practices. The charity's rating is solely derived from its accountability and finance beacon, showcasing its commitment to responsible stewardship of resources.
One of the significant strengths noted in the evaluation is its fully independent board, with 10 out of 10 independent board members, ensuring governance free from conflicts of interest. Additionally, the charity demonstrates effective policies, including a whistleblower policy and conflict of interest policy, which are crucial for maintaining integrity and accountability within the organization.
Moreover, the organization exhibits exceptional financial metrics, including a program expense ratio of 95.93%, indicating that a substantial portion of its expenditures directly supports its charitable mission. The absence of any material asset diversion further enhances its credibility. Overall, the North Bay Association of Realtors Charity stands out for its strong governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is North Bay Association Of Realtors Charity legitimate?
North Bay Association Of Realtors Charity is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Bay Association Of Realtors Charity 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 North Bay Association Of Realtors Charity?
The North Bay Association of Realtors Charity does not have a formally stated mission, but its primary function is to raise funds and provide support to various local organizations. Throughout the year, they organize fundraisers and make contributions to these organizations, amounting to a significant sum. Furthermore, the charity awards scholarships to individuals seeking higher education, demonstrating its commitment to education and community development. The North Bay Association of Realtors Charity's activities aim to contribute positively to the community and support those in need.
Who is the CEO of North Bay Association Of Realtors Charity?
Lisa Badenfort is the Secretary/Treas of North Bay Association Of Realtors Charity.
What is the revenue of North Bay Association Of Realtors Charity?
North Bay Association Of Realtors Charity's revenue in 2022 was $50,808.
Who are the executives of North Bay Association Of Realtors Charity and what are their salaries?
There 30 volunteers at North Bay Association Of Realtors Charity.
Here are 9 key members and their salaries:
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Where can I find the form 990 for North Bay Association Of Realtors Charity?
North Bay Association Of Realtors Charity's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of North Bay Association Of Realtors Charity
The North Bay Association of Realtors Charity does not possess a formal mission statement, but its primary objective is clear: to raise funds and offer support to various local nonprofit organizations. Throughout the year, this charitable entity organizes at least one fundraising event and distributes the collected funds to a minimum of ten beneficiaries. The total amount contributed during this period typically surpasses $6,000.
In addition to its financial support, the North Bay Association of Realtors Charity also plays a significant role in nurturing the educational aspirations of individuals within its community. The charity awards scholarships to deserving candidates, with the value of these scholarships often exceeding $30,000 annually. These scholarships are a testament to the charity's commitment to fostering personal growth and development among its community members. By supporting local nonprofits and investing in the future of its community through education, the North Bay Association of Realtors Charity contributes to the overall well-being and progress of the people it serves.
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Impact
August, 2024
The North Bay Association of Realtors Charity has a significant impact through its fundraising efforts and contributions to support other organizations. In a year, the charity organized one successful fundraiser and managed to provide financial support to 10 local nonprofits, totaling $6,982. Additionally, they awarded 17 scholarships amounting to $30,777 to individuals pursuing higher education. This showcases their commitment to philanthropy and making a positive difference in their community.
This information is meant to be a general summary of North Bay Association Of Realtors Charity. 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: $74,792
Assets and Liabilities:
- Total Assets: $162,227
- Total Liabilities: $0
- Net Assets: $162,227
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Organization Details
Founding Year
2015
Phone
(707) 542-1579Principal Officer
Lisa Badenfort
Main Address
475 AVIATION BLVD 220, SANTA ROSA, CA, 95403
NTEE Category
Code: T30 - Philanthropy
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