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Employees Of Community Fund Of The Boeing Company

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 831408568 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Employees Of Community Fund Of The Boeing Company?

Employees of Community Fund of The Boeing Company is a nonprofit organization situated in Chicago, Illinois. Their primary focus is to engage Boeing employees in community service by making contributions to various organizations that support human services, education, and enrichment programs. This philanthropic initiative aims to proactively involve Boeing employees in their local communities, thereby fostering a sense of social responsibility and betterment. The organization's mission is to facilitate employee participation in community services, ultimately contributing to the well-being and improvement of the communities where Boeing employees reside and work.


Official website here: www.boeing.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% (Three-Star out of Four Stars)

The Employees of Community Fund of the Boeing Company has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization showcases a fully independent board and has effectively managed its assets without any material diversions. Its high program expense ratio suggests that nearly all of its funding is directed towards its mission, which is a positive sign for potential donors.

However, there are some areas for improvement, specifically regarding governance policies. The charity is missing a whistleblower policy and a document retention and destruction policy, which are important for transparency and accountability. While the organization maintains good financial health, the lack of these policies may raise concerns about internal oversight and risk management.

Overall, the Employees of Community Fund of the Boeing Company demonstrates strong financial practices and a commitment to its cause, but it could enhance its governance framework to bolster donor confidence and operational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Employees Of Community Fund Of The Boeing Company legitimate?

Employees Of Community Fund Of The Boeing Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Employees Of Community Fund Of The Boeing Company 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


Official website here: www.boeing.com

What is the mission statement of Employees Of Community Fund Of The Boeing Company?

The Employees of Community Fund of The Boeing Company's mission is to actively encourage Boeing employees to participate in supporting community services within their local areas. Their objective is to make a significant impact by involving Boeing employees in various human services, educational, and community enrichment programs. They achieve this by making contributions to numerous nonprofit organizations that align with these causes. By doing so, they aim to strengthen the communities where Boeing employees live and work.


Official website here: www.boeing.com

What is the revenue of Employees Of Community Fund Of The Boeing Company?

Employees Of Community Fund Of The Boeing Company's revenue in 2023 was $5,011,261.


Official website here: www.boeing.com

Who are the executives of Employees Of Community Fund Of The Boeing Company and what are their salaries?

There 150 volunteers at Employees Of Community Fund Of The Boeing Company.

Here are 7 key members and their salaries:


Cheri Carter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sidney May (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Demi Hannon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sassaman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shehnaz Spencer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Sims (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim O'Rourke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.boeing.com

Where can I find the form 990 for Employees Of Community Fund Of The Boeing Company?

Employees Of Community Fund Of The Boeing Company's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.boeing.com

Learn more at the official website: www.boeing.com

Mission Statement of Employees Of Community Fund Of The Boeing Company

The Employees Community Fund of Boeing Company is an organization with a mission to actively engage Boeing employees in supporting community services within their localities. This mission is geared towards fostering a sense of responsibility and involvement among Boeing employees towards community welfare, particularly in the domains of human services, education, and community enrichment programs. To achieve this, the fund makes contributions to various nonprofit organizations that align with these areas, thereby contributing to the betterment of the communities where Boeing employees reside and work.

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Impact




July, 2024

The impact of Employees Of Community Fund Of The Boeing Company is significant in the realm of community support and engagement. By proactively involving Boeing employees in supporting community services where they live and work, the fund plays a crucial role in fostering human services, education, and community enrichment programs. Through its contributions to various organizations, Employees Of Community Fund Of The Boeing Company positively influences the lives of individuals and communities in need. Its mission revolves around empowering employees to make a difference in the places they call home, ultimately creating a lasting public benefit.




This information is meant to be a general summary of Employees Of Community Fund Of The Boeing Company. 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.

Revenue
$5,011,261 (2023)
Expenses
$7,607,247 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $5,011,261

Assets and Liabilities:

  • Total Assets: $8,372,818
  • Total Liabilities: $160,000
  • Net Assets: $8,212,818

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Organization Details

Founding Year

2018

Principal Officer

Cheri Carter

NTEE Category

Code: W12 - Public benefit

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