Overview
What is Smcu Community Fund?
The Smcu Community Fund is a 501(C)(3) nonprofit organization established by San Mateo Credit Union. Based in Redwood City, California, this charity focuses on supporting child care centers and family child care homes through funding derived from local government and foundation contributions. The organization's mission aligns with San Mateo Credit Union's commitment to financial wellness within the community.
Official website here: www.smcucommunityfund.org
What are the reviews and ratings of this charity?
The Smcu Community Fund is not currently rated by Charity Navigator. This lack of rating does not imply a positive or negative view but indicates that an evaluation has not been conducted due to insufficient data. The organization needs additional fiscal years of electronically-filed IRS Form 990 data to be evaluated via Charity Navigator’s Accountability & Finance methodology.
While there is some available data on revenue and expenses trends, as well as compensation for key persons, key evaluation metrics such as Impact & Measurement, Culture & Community, and Leadership & Adaptability are not available. This insufficiency of data means the organization's ability to innovate or its equity practices have not been assessed, which is crucial for a comprehensive evaluation.
As the Smcu Community Fund does not have available user reviews on GreatNonprofits, public sentiment remains unrecorded. Therefore, while financial information is partially available, crucial aspects relating to performance and community impact have not been evaluated or reported.
This AI summary has been generated from information found on Charity Navigator.
Is Smcu Community Fund legitimate?
Smcu Community Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Smcu Community Fund 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.smcucommunityfund.org
What is the mission statement of Smcu Community Fund?
The Smcu Community Fund is a 501(c)(3) nonprofit organization established by San Mateo Credit Union. Its primary mission is to promote financial wellness within the community. The fund supports this commitment by providing financial aid to child care centers and family child care homes. The funding is acquired from both local government and foundation contributions.
Official website here: www.smcucommunityfund.org
Who is the CEO of Smcu Community Fund?
Wade Painter is the President of Smcu Community Fund.
Official website here: www.smcucommunityfund.org
What is the revenue of Smcu Community Fund?
Smcu Community Fund's revenue in 2022 was $12,185,125.
Official website here: www.smcucommunityfund.org
Who are the executives of Smcu Community Fund and what are their salaries?
There 4 volunteers at Smcu Community Fund.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $801,842
- Other: $22,500
- Compensation: $0
- Related: $401,435
- Other: $15,736
- Compensation: $0
- Related: $559,420
- Other: $14,845
- Compensation: $0
- Related: $215,497
- Other: $23,134
Official website here: www.smcucommunityfund.org
Where can I find the form 990 for Smcu Community Fund?
Smcu Community Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.smcucommunityfund.org
Learn more at the official website: www.smcucommunityfund.org
Mission Statement of Smcu Community Fund
The Smcu Community Fund, a 501(C)(3) nonprofit organization, was established by San Mateo Credit Union with a mission to bolster financial wellness within their community. They prioritize this commitment by providing essential funding for child care centers and family child care homes.
This nonprofit fund's dedication to child care stems from a combination of local government and foundation contributions. By investing in these facilities, the Smcu Community Fund plays a vital role in ensuring the availability and accessibility of quality child care services for families in need. These critical resources enable parents to focus on their employment and personal growth, ultimately strengthening their financial situation and fostering long-term stability for their families.
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Impact
October, 2024
The Smcu Community Fund significantly enhances financial wellness and community support in Redwood City, CA. By providing funding aimed at sustaining child care centers and family child care homes, it directly contributes to the well-being of families and children in the area. This initiative helps ensure that quality childcare is accessible, enabling parents to pursue employment and education opportunities while knowing their children are cared for in a supportive environment. Through contributions from local government and foundations, the Fund fosters community improvement by prioritizing the essential needs of families, thereby enhancing overall community vitality.
This information is meant to be a general summary of Smcu Community Fund. 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: $1,316
- Gross Receipts: $12,185,125
Assets and Liabilities:
- Total Assets: $1,552,950
- Total Liabilities: $885,000
- Net Assets: $667,950
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Organization Details
Founding Year
2020
Phone
(650) 363-1725Principal Officer
Wade Painter
Main Address
350 CONVENTION WAY, REDWOOD CITY, CA, 94063
Website
www.smcucommunityfund.orgNTEE Category
Code: S30 - Community improvement
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