Overview
What is Glenwood Springs Chamber Foundation?
The Glenwood Springs Chamber Foundation is a nonprofit organization situated in Glenwood Springs, Colorado. Its primary mission is to enhance the well-being and prosperity of the local community, relieving the burden on local and state governments. This is achieved through supporting and administering civic, cultural, and educational programs, as well as initiating public-private sector collaborations for economic and community development. Furthermore, the foundation engages in various community-based initiatives for the public's benefit. The foundation is also known for organizing events such as Strawberry Days, attracting tourists to the city.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Glenwood Springs Chamber Foundation has achieved a solid score of 80% from Charity Navigator, indicating a reliable level of accountability and finance management. This rating reflects the organization’s impressive adherence to governance standards, including a fully independent board and no material diversion of assets. Their commitment to maintaining transparency is highlighted by their documented board meeting minutes and the implementation of a conflict of interest policy.
The organization demonstrates exceptional financial health with a program expense ratio of 99.77%, showcasing a strong focus on utilizing funds for its mission. Additionally, their liabilities to assets ratio stands at 15.58%, which suggests a manageable level of debt relative to their total assets. These indicators strengthen the foundation's credibility as a responsible nonprofit.
However, while the overall financial and governance practices are commendable, no specific limitations were mentioned in the data provided. The organization's commitment to transparency and effective use of resources is a strong point, positioning it well for continued support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Glenwood Springs Chamber Foundation legitimate?
Glenwood Springs Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glenwood Springs 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.
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 Glenwood Springs Chamber Foundation?
The Glenwood Springs Chamber Foundation's mission is centered around supporting and enhancing the well-being and prosperity of its community. It aims to lessen the burden on local and state governments by providing resources and administering various civic, cultural, and educational programs. These initiatives contribute to improving the quality of life within the community. Furthermore, the foundation engages in public-private sector initiatives that foster economic and community development. In addition, it participates in community-based initiatives that benefit the public at large. The organization also hosts events, such as Strawberry Days, to attract visitors and stimulate interest in the city.
Who is the CEO of Glenwood Springs Chamber Foundation?
Angela Anderson is the Chair of Glenwood Springs Chamber Foundation. The CEO's salary of Glenwood Springs Chamber Foundation is $0 and their total compensation is $0.
What is the revenue of Glenwood Springs Chamber Foundation?
Glenwood Springs Chamber Foundation's revenue in 2022 was $180,734.
Who are the executives of Glenwood Springs Chamber Foundation and what are their salaries?
There 100 volunteers at Glenwood Springs Chamber Foundation.
Here are 5 key members and their salaries (Glenwood Springs Chamber Foundation's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Glenwood Springs Chamber Foundation?
Glenwood Springs Chamber Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Glenwood Springs Chamber Foundation
The Glenwood Springs Chamber Foundation is dedicated to enhancing the general welfare and prosperity of its community. Its mission is to support and advance the well-being of the area, enabling its citizens and various community sectors to thrive. By doing so, the foundation aims to alleviate some of the responsibilities of local and state governments. The organization achieves this mission by providing administrative and financial support for a array of civic, cultural, and educational programs. These initiatives help improve the quality of life in the community, promoting growth and development.
In addition to its programmatic efforts, the Glenwood Springs Chamber Foundation also engages in public-private sector initiatives. These collaborative efforts are designed to stimulate economic growth and community development. Furthermore, the foundation participates in various community-based initiatives that contribute to the public benefit. The Glenwood Springs Chamber Foundation is also known for hosting events, such as Strawberry Days, which attract visitors to the city, thereby boosting tourism and local economy. Overall, the Glenwood Springs Chamber Foundation plays a crucial role in fostering a vibrant and prosperous community.
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Impact
October, 2024
The Glenwood Springs Chamber Foundation plays a vital role in enhancing the welfare and prosperity of the greater Glenwood Springs area. By supporting civic, cultural, and educational programs, it fosters a thriving community that enriches the lives of its residents while alleviating pressure on local and state governments.
Through public and private sector initiatives, the foundation drives economic and community development, ensuring that the area's growth is sustainable and beneficial for all its citizens. Events like Strawberry Days not only celebrate local culture but also attract visitors, bolstering tourism and local business. With its commitment to community improvement, the foundation creates an environment where individuals and families can thrive, ultimately contributing to a higher quality of life for all in Glenwood Springs.
This information is meant to be a general summary of Glenwood Springs 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.
- Program Service Revenue: $178,261
- Gross Receipts: $180,734
Assets and Liabilities:
- Total Assets: $14,631
- Total Liabilities: $2,280
- Net Assets: $12,351
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STRAWBERRY DAYS
Revenue
$166,501
WINTER WONDERLAND
Revenue
$6,500
ATHENA
Revenue
$5,260
Organization Details
Founding Year
2016
Phone
(970) 945-6589Principal Officer
Angela Anderson
Main Address
PO BOX 1238, GLENWOOD SPRINGS, CO, 81602
NTEE Category
Code: S12 - Community improvement
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