Overview
What is Community Foundation Serving Southwest Colorado?
Community Foundation Serving Southwest Colorado is a dedicated nonprofit organization situated in Durango, Colorado. Their primary mission involves fostering philanthropy and connecting donors with local community needs in Southwest Colorado. They achieve this by offering professional development programs for nonprofits in the region, collaborating with local talent and professionals to enhance the capacity of local organizations. The Community Foundation serves as a catalyst for efficiency, sustainability, and success within the nonprofit sector, ultimately aiming to improve grant making effectiveness and contribute to a better quality of life in the area. With a team of 20 employees, they act as a bridge between donors' passions and the nonprofits making a difference in the community.
Official website here: www.swcommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 98%, Four-Star out of Four Star rating.
The Community Foundation Serving Southwest Colorado has achieved an impressive 98% rating, reflecting its strong commitment to accountability and financial management. With a perfect score on several key metrics, including independent governance and financial oversight, the organization demonstrates a solid structure that ensures transparency and responsible use of funds. The foundation allocates a significant portion of its resources towards program expenses, indicating an effective approach to fulfilling its mission.
User feedback highlights the foundation's positive impact on local philanthropy, with donors praising its ability to simplify the giving process through Donor Advised Funds. Contributors appreciate the guidance and support provided by the foundation staff, which enables them to effectively support various causes both locally and internationally. Reviewers commend the foundation for its role in connecting the needs of nonprofits with potential funders, enhancing the philanthropic landscape in the region.
While the organization has made considerable strides, challenges noted in users' feedback suggest that the Community Foundation is still in the process of becoming an essential resource for the community's health. Overall, it appears to be on a promising path as it continues to grow and enhance its services.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Community Foundation Serving Southwest Colorado legitimate?
Community Foundation Serving Southwest Colorado is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Serving Southwest Colorado 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: $90,028
Professional Fundraising Fees: $0
Other Salaries and Wages: $291,689
For more financial information, click here
Official website here: www.swcommunityfoundation.org
What is the mission statement of Community Foundation Serving Southwest Colorado?
The Community Foundation Serving Southwest Colorado's mission is centered around fostering charitable giving and connecting donors to the community's needs. By doing so, they aim to strengthen the local nonprofit sector, believing that a thriving nonprofit community contributes to a more vibrant overall community. The foundation actively works with nonprofits to identify their needs and provides professional development opportunities, leveraging local talent and resources. They act as a bridge between philanthropists and the organizations making a difference, ensuring that philanthropic passions align with effective grant making, ultimately enhancing the quality of life in Southwest Colorado.
Official website here: www.swcommunityfoundation.org
Who is the CEO of Community Foundation Serving Southwest Colorado?
John Arms is the President of Community Foundation Serving Southwest Colorado.
Official website here: www.swcommunityfoundation.org
What is the revenue of Community Foundation Serving Southwest Colorado?
Community Foundation Serving Southwest Colorado's revenue in 2022 was $3,623,709.
Official website here: www.swcommunityfoundation.org
Who are the executives of Community Foundation Serving Southwest Colorado and what are their salaries?
The average compensation at Community Foundation Serving Southwest Colorado during 2022 was $19,086. There are 20 employees at Community Foundation Serving Southwest Colorado.
Here are 12 key members and their salaries:
- Compensation: $90,028
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- Other: $11,400
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- Other: $0
Official website here: www.swcommunityfoundation.org
Where can I find the form 990 for Community Foundation Serving Southwest Colorado?
Community Foundation Serving Southwest Colorado's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.swcommunityfoundation.org
Learn more at the official website: www.swcommunityfoundation.org
Mission Statement of Community Foundation Serving Southwest Colorado
The Community Foundation Serving Southwest Colorado is committed to a mission that focuses on fostering charitable giving and connecting donors with the community's needs in the Southwest Colorado area. This mission is carried out by the organization in a proactive manner, identifying the needs of the local nonprofit community and working closely with local talent and professionals across the state to provide hands-on professional development. By bolstering the capacity of local nonprofits, the Community Foundation aims to contribute to a stronger nonprofit community, which in turn, contributes to a more vibrant and thriving community overall. The organization serves as a community facilitator, working towards increasing efficiency, sustainability, and success for nonprofits, and maximizing effective grant making opportunities for philanthropists. In essence, the Community Foundation Serving Southwest Colorado plays a crucial role in bridging the gap between philanthropists' passions and the nonprofits that are making a difference in their local community.
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Impact
July, 2024
The Community Foundation Serving Southwest Colorado plays a crucial role in developing and increasing charitable giving that connects donors to community needs in the Southwest Colorado area. Through its nonprofit support programs, the foundation provides professional development opportunities for nonprofit organizations in the region. By working closely with local talent and professionals across the state, the foundation helps strengthen the capacity of local nonprofits, ultimately creating a more vibrant community. Additionally, the foundation acts as a matchmaker between philanthropists' passions and the nonprofits doing the work, maximizing effective grantmaking and contributing to making southwest Colorado a better place to live.
This information is meant to be a general summary of Community Foundation Serving Southwest Colorado. 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: $368,233
- Gross Receipts: $3,665,310
Assets and Liabilities:
- Total Assets: $14,351,017
- Total Liabilities: $6,178,138
- Net Assets: $8,172,879
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Organization Details
Founding Year
1998
Phone
(970) 375-5807Principal Officer
John Arms
Main Address
765 E COLLEGE DR 1, DURANGO, CO, 81301
NTEE Category
Code: T31 - Philanthropy
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