Overview
What is Pontiac Community Foundation?
The Pontiac Community Foundation, a 501(c)(3) organization based in Pontiac, Michigan, is committed to improving the city's future. They engage in thought leadership, strategic collaboration, and innovative solutions to address Pontiac's pressing issues. Through grant-making initiatives and managing permanent financial assets, they aim to enhance the city's long-term viability. The foundation provides various services, including supporting local entrepreneurs through training sessions and individual counseling, addressing capital needs for small businesses, and offering a scholarship program. They also focus on community development, such as expanding transportation services and establishing food assistance grants. Additionally, the foundation is involved in substance abuse prevention initiatives and strives to improve health and wellness in the community.
Official website here: www.pontiaccommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star Rating
The Pontiac Community Foundation has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With an Accountability & Finance score of 96, the foundation demonstrates strong governance practices, including complete independence among board members and rigorous oversight of financial statements. Their program expense ratio of 73.83% reflects a commitment to utilizing funds effectively for their mission.
User feedback also highlights the foundation’s positive impact and strong leadership. A review from a volunteer emphasizes the foundation's great mission and the quality of the team involved, suggesting that the organization is well-regarded within its community partnerships. This sentiment of respect and collaboration points to the foundation's effectiveness in engaging with its stakeholders.
However, while the foundation received high marks for culture and community, there are noted areas for improvement, particularly concerning equity strategies. With an Equity Strategies Score of 83 and some weaknesses in equity data and policies, the organization may need to focus on enhancing these areas to further strengthen its impact and inclusivity in the community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Pontiac Community Foundation legitimate?
Pontiac Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pontiac Community 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: $132,627
Professional Fundraising Fees: $0
Other Salaries and Wages: $414,705
For more financial information, click here
Official website here: www.pontiaccommunityfoundation.org
What is the mission statement of Pontiac Community Foundation?
The Pontiac Community Foundation, as an independent 501(c)(3) organization, is committed to fostering thought leadership, strategic collaboration, and promoting innovation and ingenuity to address Pontiac's most pressing challenges. Their mission is to contribute to a better future for the next generation. Through grant-making initiatives and managing permanent financial assets, the foundation aims to empower and accelerate the community, working towards the long-term viability of the city.
Official website here: www.pontiaccommunityfoundation.org
Who is the CEO of Pontiac Community Foundation?
Dustin Mcclellan is the Director of Pontiac Community Foundation.
Official website here: www.pontiaccommunityfoundation.org
What is the revenue of Pontiac Community Foundation?
Pontiac Community Foundation's revenue in 2022 was $1,570,982.
Official website here: www.pontiaccommunityfoundation.org
Who are the executives of Pontiac Community Foundation and what are their salaries?
The average compensation at Pontiac Community Foundation during 2022 was $49,757. There are 11 employees at Pontiac Community Foundation.
Here are 9 key members and their salaries:
- Compensation: $121,000
- Related: $0
- Other: $11,627
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pontiaccommunityfoundation.org
Where can I find the form 990 for Pontiac Community Foundation?
Pontiac Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pontiaccommunityfoundation.org
Learn more at the official website: www.pontiaccommunityfoundation.org
Mission Statement of Pontiac Community Foundation
The Pontiac Community Foundation, as an independent 501(c)(3) organization, is committed to making a positive impact on Pontiac's most pressing issues. By fostering thought leadership, strategic collaboration, and a spirit of ingenuity and innovation, this nonprofit aims to leave a better Pontiac for future generations. In addition to this, the Pontiac Community Foundation empowers and accelerates the community by implementing grant-making initiatives and managing permanent financial assets, ensuring the long-term sustainability of the city.
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Impact
July, 2024
The Pontiac Community Foundation has made a significant impact on the city of Pontiac through various initiatives aimed at community improvement. They have played a key role in projects like the construction of Mattie McKinney Hatchett Park, engaging residents in physical activities and fostering community partnerships. Additionally, the foundation has provided extensive support to Pontiac entrepreneurs through training sessions, individual counseling, and access to capital, particularly focusing on women-owned businesses. Their efforts have not only supported small business growth but also enhanced the overall economic landscape of Pontiac. Furthermore, the foundation has facilitated transportation services, awarded scholarships, and established programs like the Healthy Food Access Grant to address the diverse needs of the community. Through their initiatives, the Pontiac Community Foundation has demonstrated a commitment to creating a better future for Pontiac residents and empowering the city for long-term sustainability.
This information is meant to be a general summary of Pontiac Community 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: $33
- Program Service Revenue: $11,200
- Gross Receipts: $1,570,982
Assets and Liabilities:
- Total Assets: $983,119
- Total Liabilities: $260,636
- Net Assets: $722,483
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$11,200
Organization Details
Phone
(248) 246-6606Principal Officer
Dustin Mcclellan
Main Address
PO BOX 431362, PONTIAC, MI, 48343
NTEE Category
Code: S99 - Community improvement
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