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Community Foundation Of Otsego County Inc

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

EIN: 842243769 ✦ Springfield center, NY ✦ Designated as a 501(c)(3)

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Overview

What is Community Foundation Of Otsego County Inc?

Community Foundation of Otsego County Inc is a dynamic nonprofit organization based in Otsego County, New York. Their mission is to foster community-wide initiatives that enhance the region's quality of life and prosperity. By bringing together individuals who share a passion for making a difference, they amplify collective efforts, knowledge, and resources. During the COVID-19 pandemic, the foundation extended support to local organizations and engaged the public in understanding the situation better. Their primary role is to connect caring individuals with causes that matter, ultimately creating a larger impact than any single entity could achieve alone.


Official website here: www.cfotsego.org

Is Community Foundation Of Otsego County Inc legitimate?

Community Foundation Of Otsego County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Otsego County 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: $110,792

For more financial information, click here


Official website here: www.cfotsego.org

What is the mission statement of Community Foundation Of Otsego County Inc?

The Community Foundation of Otsego County Inc is dedicated to leading and inspiring community-wide initiatives that significantly enhance the quality of life and prosperity in their area. They connect individuals who are passionate about making a difference with causes that matter, utilizing collective knowledge, creativity, and resources to achieve a greater impact than any individual could achieve alone. The foundation's mission is to foster a sense of community and collective action, leveraging resources to make a significant impact in their local area. Their activities include providing support to organizations impacted by the Covid-19 pandemic and educating the public about various community issues.


Official website here: www.cfotsego.org

Who is the CEO of Community Foundation Of Otsego County Inc?

Scott White is the Trustee of Community Foundation Of Otsego County Inc.


Official website here: www.cfotsego.org

What is the revenue of Community Foundation Of Otsego County Inc?

Community Foundation Of Otsego County Inc's revenue in 2022 was $202,114.


Official website here: www.cfotsego.org

Who are the executives of Community Foundation Of Otsego County Inc and what are their salaries?

The average compensation at Community Foundation Of Otsego County Inc during 2022 was $55,396. There are 2 employees at Community Foundation Of Otsego County Inc.


Here are 16 key members and their salaries:


Lou Allstadt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Bliss (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Donovan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faith Gay (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Herzig (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Kennedy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Levine (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Marietta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rowley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Schlather (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Seward (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candice Shannon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Simpson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott White (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cfotsego.org

Where can I find the form 990 for Community Foundation Of Otsego County Inc?

Community Foundation Of Otsego County Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cfotsego.org

Learn more at the official website: www.cfotsego.org

Mission Statement of Community Foundation Of Otsego County Inc

The Community Foundation of Otsego County Inc plays a pivotal role in inspiring and leading community-wide initiatives that significantly enhance the quality of life and prosperity in their area. By connecting individuals who are passionate about making a difference with causes that resonate with them, this organization leverages collective knowledge, creativity, and resources to achieve outcomes that surpass what any one entity could achieve alone. Their mission is to foster a sense of unity and collaboration, enabling the community to collectively address its challenges and seize opportunities for growth.

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Impact




October, 2024

Community Foundation of Otsego County Inc plays a vital role in enhancing the quality of life and prosperity in the Otsego County, New York area. By leading and inspiring community-wide initiatives, it effectively mobilizes resources and engages individuals who are passionate about making a difference. The foundation connects caring individuals with relevant causes, fostering collaboration and maximizing the impact of their collective efforts.

Its programs extend beyond traditional philanthropy, addressing immediate needs such as support for organizations during the Covid-19 pandemic and educating the public on various community issues. This multifaceted approach helps to build a resilient community, ensuring that both current and future challenges are met with innovative solutions and shared resources. Ultimately, the foundation's work exemplifies how united efforts can create meaningful and lasting change, benefiting the entire Otsego County area.




This information is meant to be a general summary of Community Foundation Of Otsego County 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.

Revenue
$202,114 (2022)
Expenses
$331,401 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$174,106
  • Gross Receipts: $376,297

Assets and Liabilities:

  • Total Assets: $2,877,944
  • Total Liabilities: $296,578
  • Net Assets: $2,581,366

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Organization Details

Founding Year

2019

Principal Officer

Scott White

Main Address

PO BOX 55, SPRINGFIELD CENTER, NY, 13468

NTEE Category

Code: T31 - Philanthropy

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