Overview
What is Warren Community Foundation Inc?
Warren Community Foundation Inc is a nonprofit organization located in Mount Clemens, Michigan, specifically at 59 North Walnut St APT 226. Their primary focus is on enhancing the well-being of their local community by organizing successful events that promote the City of Warren. These events are meticulously planned to serve both charitable and educational purposes within the city. The foundation generously donates the revenue generated from these events to various projects within Warren, Michigan, as well as to local charities. Their mission is centered around fostering community events that contribute to the welfare of the City of Warren, and channeling the proceeds towards charitable and educational causes.
Official website here: www.warrencommunityfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
Warren Community Foundation Inc has earned an overall score of 83%, which reflects strong performance in accountability and finance. The organization has achieved a perfect score on several key metrics, including having a fully independent board and no material diversion of assets. Additionally, its program expense ratio of 73.45% indicates a substantial commitment to directing funds toward its mission.
However, the charity has some areas for improvement, particularly regarding its governance policies. The absence of a whistleblower policy and document retention and destruction policy may present potential risks to transparency and accountability. Despite these gaps, the foundation maintains solid documentation, as evidenced by having board meeting minutes available.
Overall, while the Warren Community Foundation Inc demonstrates commendable financial practices and governance in several aspects, addressing the noted policy deficiencies could enhance its accountability and further strengthen its standing as a responsible nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Warren Community Foundation Inc legitimate?
Warren Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Warren Community 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: $32,378
For more financial information, click here
Official website here: www.warrencommunityfoundation.com
What is the mission statement of Warren Community Foundation Inc?
The Warren Community Foundation Inc's mission involves organizing and managing community events to enhance the well-being of a specific city, in this case, Warren, Michigan. The primary objective is to utilize the earnings from these events to support charitable and educational initiatives within the same city. The foundation aims to promote community development and contribute to worthy causes through their event-based fundraising activities.
Official website here: www.warrencommunityfoundation.com
Who is the CEO of Warren Community Foundation Inc?
Bradley Malear is the President of Warren Community Foundation Inc.
Official website here: www.warrencommunityfoundation.com
What is the revenue of Warren Community Foundation Inc?
Warren Community Foundation Inc's revenue in 2022 was $74,580.
Official website here: www.warrencommunityfoundation.com
Who are the executives of Warren Community Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.warrencommunityfoundation.com
Where can I find the form 990 for Warren Community Foundation Inc?
Warren Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.warrencommunityfoundation.com
Learn more at the official website: www.warrencommunityfoundation.com
Mission Statement of Warren Community Foundation Inc
Warren Community Foundation Inc, as outlined in the provided information, is committed to promoting and implementing various community events that aim to enhance the welfare of a specific city. The organization's primary mission is to organize successful events that showcase the city's strengths and attractions. These events serve a dual purpose: they boost the city's morale and generate proceeds. The foundation then donates these proceeds to charitable and educational initiatives within the city. By doing so, Warren Community Foundation Inc contributes to the overall betterment of the community, supporting local projects and organizations that align with its mission.
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Impact
August, 2024
Warren Community Foundation Inc has had a significant impact on the City of Warren, Michigan. They have sponsored and administered various local events aimed at promoting the welfare of the city. By organizing successful events and donating the proceeds to charitable and educational purposes within Warren, the foundation has helped support local projects and charities. Their mission to promote and implement community events for the benefit of Warren reflects their dedication to making a positive difference in the city's community.
This information is meant to be a general summary of Warren Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $74,580
- Gross Receipts: $74,580
Assets and Liabilities:
- Total Assets: $5,970
- Total Liabilities: $0
- Net Assets: $5,970
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Cruisin 53 Run Warren
Revenue
$74,580
Organization Details
Founding Year
2017
Phone
(586) 493-1360Principal Officer
Bradley Malear
Main Address
59 North Walnut St APT 206, Mount Clemens, MI, 48043
NTEE Category
Code: W99 - Public benefit
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