Overview
What is The Community House Foundation?
The Community House Foundation is a nonprofit organization based in Birmingham, Michigan, with a physical address at 380 South Bates. Its primary mission is to support and sustain top-level programs and services at The Community House, while also raising funds and awareness for the preservation of this historic building. The foundation's activities are geared towards securing philanthropic funds that are essential in delivering a variety of quality programs and services to the community. With a small team of four employees, the foundation plays a significant role in enriching the community through its initiatives.
Official website here: www.communityhouse.com/community-house-foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (56%)
The Community House Foundation has received a One-Star rating from Charity Navigator, indicating concerns regarding its financial accountability. The overall score is derived solely from its Accountability & Finance metrics, which received a score of 56%. While the organization demonstrates strong governance practices, such as having a majority of independent board members and comprehensive oversight policies, its financial ratios indicate potential issues with program expenses and liabilities.
The organization shows strengths in governance, with all necessary policies in place, including conflict of interest and whistleblower policies. The board composition is robust, featuring 83% independent members, which adds to the integrity of its oversight. However, the low program expense ratio of 48.43% raises flags about the proportion of resources allocated to its mission-based activities.
Moreover, the liabilities to assets ratio at 2.41% suggests financial vulnerability, as it indicates a challenge in managing its obligations relative to its assets. This financial overview indicates that while the organization has solid governance practices, it needs to improve its performance in program expenditure and financial stability to enhance its overall effectiveness and accountability to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Community House Foundation legitimate?
The Community House Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community House 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: $276,846
For more financial information, click here
Official website here: www.communityhouse.com/community-house-foundation
What is the mission statement of The Community House Foundation?
The Community House Foundation's mission is centered around securing philanthropic funds to support and maintain a range of high-quality programs and services within the community. This foundation also aims to raise funds and generate awareness for the preservation of a historic building, which houses these programs. In essence, their role is crucial in ensuring the launch, expansion, and sustainability of these top-tier community services.
Official website here: www.communityhouse.com/community-house-foundation
Who is the CEO of The Community House Foundation?
William D Seklar is the Chair of The Community House Foundation. The CEO's salary of The Community House Foundation is $0 and their total compensation is $266,824.
Official website here: www.communityhouse.com/community-house-foundation
What is the revenue of The Community House Foundation?
The Community House Foundation's revenue in 2022 was $734,707.
Official website here: www.communityhouse.com/community-house-foundation
Who are the executives of The Community House Foundation and what are their salaries?
The average compensation at The Community House Foundation during 2022 was $69,212. There are 4 employees at The Community House Foundation.
Here are 8 key members and their salaries (The Community House Foundation's CEO's salary is $0 and their total compensation is $266,824):
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $266,824
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.communityhouse.com/community-house-foundation
Where can I find the form 990 for The Community House Foundation?
The Community House Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communityhouse.com/community-house-foundation
Learn more at the official website: www.communityhouse.com/community-house-foundation
Mission Statement of The Community House Foundation
The Community House Foundation's mission revolves around supporting and sustaining premium programs and services at the Community House. This nonprofit organization is dedicated to securing philanthropic funds, a crucial aspect enabling them to deliver a diverse range of high-quality programs and services to the community. Beyond fundraising, they also strive to raise awareness and garner support for the preservation of the Community House and its historic building. In essence, the Community House Foundation plays a pivotal role in ensuring the continuity and improvement of high-level programs at the Community House, while also advocating for the preservation of its historic structure.
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Impact
July, 2024
The Community House Foundation's impact is significant in supporting the launch, expansion, and sustainability of top-level programs and services at The Community House in Birmingham, MI. By securing philanthropic funds, they are able to deliver a variety of quality programs and services to the community. Additionally, they raise funds and awareness for the preservation of The Community House and its historic building. Through their efforts, they contribute to community improvement and enrich the lives of those they serve.
This information is meant to be a general summary of The Community House 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.
- Investment Income: $64,069
- Gross Receipts: $798,205
Assets and Liabilities:
- Total Assets: $2,790,745
- Total Liabilities: $31,691
- Net Assets: $2,759,054
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Organization Details
Founding Year
2017
Phone
(248) 644-5832Principal Officer
William D Seklar
Main Address
380 SOUTH BATES, BIRMINGHAM, MI, 48009
NTEE Category
Code: S11 - Community improvement
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