Overview
What is Rockport-Fulton Chamber Foundation?
The Rockport-Fulton Chamber Foundation is a nonprofit organization situated in Rockport, Texas, specifically at 319 Broadway St. This organization is dedicated to community redevelopment and recovery efforts, particularly in the aftermath of natural disasters, such as Hurricane Harvey. Their mission encompasses promoting social welfare, fostering education and training, encouraging resident, business, and government involvement, nurturing leadership development, and enhancing infrastructure in Aransas County. Through these initiatives, the Rockport-Fulton Chamber Foundation aims to support and improve the well-being of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
The Rockport-Fulton Chamber Foundation has achieved an impressive 94% rating from Charity Navigator, indicating strong performance in accountability and finance. This rating is based entirely on a single beacon score, emphasizing the organization's commitment to transparency and effective financial management. The Foundation's focus on fiscal responsibility is reflected in its high program expense ratio of 97.23%, illustrating that the vast majority of its funds are directed towards its charitable missions.
Strengths of the Rockport-Fulton Chamber Foundation include a fully independent board, with 87% of its members being independent, and robust policies in place for conflict of interest, whistleblower protection, and document retention. The organization also demonstrates careful governance, as evidenced by the absence of material diversion of assets and a favorable liabilities to assets ratio of 36.74%. These factors contribute to a strong foundation of trust and integrity.
While the data presents a very positive picture, the summary does not highlight any notable weaknesses or areas for improvement. Overall, the Rockport-Fulton Chamber Foundation stands out as a well-managed and accountable nonprofit, dedicated to its mission and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Rockport-Fulton Chamber Foundation legitimate?
Rockport-Fulton Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rockport-Fulton Chamber Foundation 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.
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What is the mission statement of Rockport-Fulton Chamber Foundation?
The Rockport-Fulton Chamber Foundation's mission is centered around enhancing the social welfare and improvement of its community. This is achieved through various means such as education, training, and involvement of residents, businesses, and government bodies. The foundation also fosters leadership development and works on infrastructure enhancement. In times of crisis, particularly natural disasters, the foundation plays a crucial role in assisting the community in its recovery process. This mission statement underpins the foundation's program for humanitarian, economic, and community redevelopment, primarily designed to aid in the recovery from significant disasters like Hurricane Harvey.
Who is the CEO of Rockport-Fulton Chamber Foundation?
Shelly Stuart is the Principal Officer of Rockport-Fulton Chamber Foundation.
What is the revenue of Rockport-Fulton Chamber Foundation?
Rockport-Fulton Chamber Foundation's revenue in 2022 was $51,049.
Who are the executives of Rockport-Fulton Chamber Foundation and what are their salaries?
There 1 volunteer at Rockport-Fulton Chamber Foundation.
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Where can I find the form 990 for Rockport-Fulton Chamber Foundation?
Rockport-Fulton Chamber Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rockport-Fulton Chamber Foundation
The Rockport-Fulton Chamber Foundation, in its mission, strives to enhance the social welfare and improvement of its community, specifically Aransas County. This is achieved through various means, including education, training, resident, business, and government involvement. The organization also focuses on leadership development and infrastructure enhancement, aiming to contribute to the community's growth. Furthermore, the Rockport-Fulton Chamber Foundation plays a crucial role in aiding the community in its recovery from a large-scale natural disaster. This humanitarian, economic, and community redevelopment program is designed to help the community bounce back from the devastation caused by events such as Hurricane Harvey.
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Impact
August, 2024
The Rockport-Fulton Chamber Foundation plays a crucial role in supporting and enhancing the social welfare, education, and infrastructure of Aransas County. Through its various programs and initiatives, the Foundation promotes community involvement, leadership development, and business engagement, ultimately contributing to the overall well-being and growth of the region. Additionally, the Foundation's work in assisting the community with recovery efforts following natural disasters like Hurricane Harvey showcases its commitment to humanitarian causes and economic revitalization. In collaboration with various stakeholders, the Foundation's impact extends beyond immediate relief efforts to facilitate long-term community redevelopment and resilience.
This information is meant to be a general summary of Rockport-Fulton Chamber Foundation. 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: $113,219
Assets and Liabilities:
- Total Assets: $122,918
- Total Liabilities: $45,169
- Net Assets: $77,749
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Organization Details
Founding Year
2016
Phone
(361) 729-6445Principal Officer
Shelly Stuart
Main Address
319 Broadway St, Rockport, TX, 78382
NTEE Category
Code: A01 - Arts
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