Overview
What is Community Foundation For Oceana County?
The Community Foundation for Oceana County is a charitable organization based in Pentwater, Michigan, specifically at 388 S Hancock Street, 49449. Their primary purpose is to better the lives of the residents in Oceana County. They accomplish this mission by channeling philanthropy, connecting resources with needs, and leading and promoting charitable activities. To achieve this, they issue grants and scholarships as per their description. The foundation aims to envision a community where everyone has access to resources, enabling them to thrive. With a dedicated workforce of six individuals, the Community Foundation for Oceana County contributes to the well-being of their local community.
Official website here: www.oceanafoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95%, Four-Star out of Four Star rating.
The Community Foundation For Oceana County has achieved a remarkable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a perfect score in several key areas, including the independence of its board members and effective management of assets, this nonprofit demonstrates a strong commitment to transparency and responsible governance.
Strengths of the organization include a healthy program expense ratio of 81.41%, showcasing its dedication to utilizing funds for its intended purposes rather than administrative costs. The foundation's liabilities to assets ratio is impressively low at 3.01%, which reflects solid financial stability. Moreover, its fundraising efficiency is commendable, with minimal costs incurred relative to the funds raised.
While the data is predominantly positive, continuous evaluation of the organization’s practices is essential to maintain its strong performance. Overall, the Community Foundation For Oceana County is positioned as a trustworthy and effective nonprofit, making a significant impact in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation For Oceana County legitimate?
Community Foundation For Oceana County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation For Oceana County 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: $41,184
Professional Fundraising Fees: $0
Other Salaries and Wages: $137,913
For more financial information, click here
Official website here: www.oceanafoundation.org
What is the mission statement of Community Foundation For Oceana County?
The Community Foundation for Oceana County, as a philanthropic organization, aims to improve the lives of its community members. It does this by serving as a conduit for channeling philanthropy, connecting resources with needs. Their mission is to envision a community where everyone has access to resources necessary for thriving. The foundation achieves this goal by issuing grants and scholarships to enhance their communities.
Official website here: www.oceanafoundation.org
Who is the CEO of Community Foundation For Oceana County?
Tammy Carey is the Member of Community Foundation For Oceana County. The CEO's salary of Community Foundation For Oceana County is $74,072 and their total compensation is $88,508.
Official website here: www.oceanafoundation.org
What is the revenue of Community Foundation For Oceana County?
Community Foundation For Oceana County's revenue in 2022 was $3,019,734.
Official website here: www.oceanafoundation.org
Who are the executives of Community Foundation For Oceana County and what are their salaries?
The average compensation at Community Foundation For Oceana County during 2022 was $29,850. There are 6 employees and 50 volunteers at Community Foundation For Oceana County.
Here are 17 key members and their salaries (Community Foundation For Oceana County's CEO's salary is $74,072 and their total compensation is $88,508):
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- Compensation: $74,072
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- Other: $14,436
Official website here: www.oceanafoundation.org
Where can I find the form 990 for Community Foundation For Oceana County?
Community Foundation For Oceana County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oceanafoundation.org
Learn more at the official website: www.oceanafoundation.org
Mission Statement of Community Foundation For Oceana County
The Community Foundation for Oceana County, a philanthropic organization, is dedicated to improving the lives of its community members. Its mission is to envision a society where everyone has access to resources necessary for thriving. To realize this vision, the foundation takes an active role in channeling philanthropy, connecting resources with needs, and leading and promoting charitable initiatives within the community. By issuing grants and scholarships, the Community Foundation for Oceana County strives to enhance the overall well-being and prosperity of its community, ultimately aiming to uplift the lives of its residents and help them thrive.
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Impact
July, 2024
Community Foundation For Oceana County's impact includes enhancing the lives of the people of Oceana County by leading, promoting, and channeling philanthropy to connect resources with needs. They work to enhance communities through the issuance of grants and scholarships, envisioning a community where everyone has access to resources to thrive. Their focus on community improvement is evident in the projects and initiatives they support, ultimately contributing to the betterment of Oceana County and its residents.
This information is meant to be a general summary of Community Foundation For Oceana County. 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: $522,984
- Gross Receipts: $2,972,301
Assets and Liabilities:
- Total Assets: $16,693,236
- Total Liabilities: $503,053
- Net Assets: $16,190,183
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Organization Details
Founding Year
2020
Phone
(231) 869-3377Principal Officer
Tammy Carey
Main Address
388 S HANCOCK ST, PENTWATER, MI, 49449
Website
www.oceanafoundation.orgNTEE Category
Code: S20 - Community improvement
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