Overview
What is Rio Rancho Rotary Foundation Inc?
Rio Rancho Rotary Foundation Inc serves as a supporting entity for the Rio Rancho Rotary Club. This nonprofit organization, located in Rio Rancho, New Mexico, aids the club in fulfilling its annual charitable responsibilities by providing necessary assistance. The foundation's mission is to contribute to and reinforce the philanthropic endeavors that the Rio Rancho Rotary Club deems important, thereby making a positive impact in their community.
Official website here: www.rioranchorotary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
The Rio Rancho Rotary Foundation Inc has achieved a rating of 76%, which translates to a Three-Star rating on Charity Navigator. This score reflects the organization’s strong performance in the Accountability and Finance beacon. The foundation boasts a commendable structure with a fully independent board consisting of nine members and no material diversion of assets.
Strengths highlighted in the evaluation include a high program expense ratio of 86.48%, indicating that a significant portion of its expenses is directed towards programmatic activities. However, the organization has noted gaps in its governance practices, specifically the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could be areas for improvement.
Overall, while the Rio Rancho Rotary Foundation Inc shows robust financial accountability and an effective board structure, addressing the noted governance deficiencies could enhance its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Rio Rancho Rotary Foundation Inc legitimate?
Rio Rancho Rotary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rio Rancho Rotary Foundation 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.
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Official website here: www.rioranchorotary.org
What is the mission statement of Rio Rancho Rotary Foundation Inc?
The Rio Rancho Rotary Foundation Inc's mission is centered around aiding and reinforcing the charitable endeavors that the Rio Rancho Rotary Club has chosen to prioritize annually. The foundation serves as an auxiliary, providing essential support to these chosen causes. Their role is crucial in ensuring the successful execution of the club's benevolent initiatives.
Official website here: www.rioranchorotary.org
Who is the CEO of Rio Rancho Rotary Foundation Inc?
Chris Pacheco is the Director of Rio Rancho Rotary Foundation Inc.
Official website here: www.rioranchorotary.org
What is the revenue of Rio Rancho Rotary Foundation Inc?
Rio Rancho Rotary Foundation Inc's revenue in 2022 was $28,357.
Official website here: www.rioranchorotary.org
Who are the executives of Rio Rancho Rotary Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.rioranchorotary.org
Where can I find the form 990 for Rio Rancho Rotary Foundation Inc?
Rio Rancho Rotary Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rioranchorotary.org
Learn more at the official website: www.rioranchorotary.org
Mission Statement of Rio Rancho Rotary Foundation Inc
Rio Rancho Rotary Foundation Inc plays a crucial role in supporting the charitable endeavors of the Rio Rancho Rotary Club. The foundation's mission is to aid and reinforce the charitable activities that the club has chosen to back each year. By doing so, the foundation contributes to various community initiatives and projects, aligning with the Rotary Club's vision of making a positive impact on society. The foundation's role is essential in amplifying the club's charitable reach and ensuring that the chosen causes receive the necessary support to thrive.
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Impact
August, 2024
The Rio Rancho Rotary Foundation Inc's impact is significant in supporting charitable functions voted on by the Rio Rancho Rotary Club each year. Through its philanthropic endeavors, the foundation plays a crucial role in assisting the club in fulfilling its mission of giving back to the community. By providing support and resources, the foundation contributes to making a positive difference in Rio Rancho and beyond.
This information is meant to be a general summary of Rio Rancho Rotary Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $11,729
- Gross Receipts: $28,357
Assets and Liabilities:
- Total Assets: $724,349
- Total Liabilities: $215
- Net Assets: $724,134
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Organization Details
Founding Year
1998
Principal Officer
Chris Pacheco
Main Address
PO Box 15842, Rio Rancho, NM, 87174
Website
www.rioranchorotary.orgNTEE Category
Code: T30 - Philanthropy
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