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Silverdale Rotary Club Foundation

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

EIN: 911682373 ✦ Silverdale, WA ✦ Designated as a 501(c)(3)

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Overview

What is Silverdale Rotary Club Foundation?

Silverdale Rotary Club Foundation is a dedicated community service organization situated in Silverdale, Washington. Their primary objective is to contribute to local, international, and professional development initiatives. By focusing on these areas, the foundation aims to enrich the lives of people in their community and beyond, fostering a sense of unity and support.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating

Silverdale Rotary Club Foundation has received a Three-Star rating from Charity Navigator, indicating a generally positive assessment of its accountability and finance practices. The rating is based solely on financial metrics, showcasing a strong performance in areas such as program expense ratio, which stands at an impressive 93.58%. This suggests that a significant portion of the organization’s resources is directed towards its charitable programs.

The foundation demonstrates a commitment to transparency and good governance, as evidenced by having a fully independent board of directors, with all 14 members meeting this criterion. However, areas for improvement have been identified, specifically the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These missing elements in governance practices may raise concerns regarding operational transparency.

Overall, while the Silverdale Rotary Club Foundation maintains robust financial health and high program efficiency, it would benefit from enhancing its governance policies to further strengthen its accountability framework. Addressing these limitations could help improve its standing and trust with the community it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Silverdale Rotary Club Foundation legitimate?

Silverdale Rotary Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silverdale Rotary Club Foundation 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

What is the mission statement of Silverdale Rotary Club Foundation?

The Silverdale Rotary Club Foundation, being a community service organization, is committed to providing services in three key areas: community, international, and vocational. Their mission is to contribute positively in these domains, aiming to make a difference on both a local and global scale. The club's activities are geared towards fostering community development, promoting international understanding, and supporting vocational initiatives. Although specific details about their goals and strategies within these domains are not provided, it can be inferred that they strive to make a tangible impact through their community, international, and vocational services.

Who is the CEO of Silverdale Rotary Club Foundation?

Elayne Burton is the Board Member of Silverdale Rotary Club Foundation.

What is the revenue of Silverdale Rotary Club Foundation?

Silverdale Rotary Club Foundation's revenue in 2022 was $115,417.

Who are the executives of Silverdale Rotary Club Foundation and what are their salaries?


Here are 4 key members and their salaries:


Nancy Whitaker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Shannon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elayne Burton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Bisaillon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Silverdale Rotary Club Foundation?

Silverdale Rotary Club Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Silverdale Rotary Club Foundation

The Silverdale Rotary Club Foundation is a dedicated nonprofit organization that focuses on three primary areas of service: community, international, and vocational. Its mission, in essence, is to contribute positively to various sectors within its community and beyond, as well as to support and uplift professionals in their respective fields. This mission is a testament to the organization's commitment to bettering the lives of individuals and communities at large, thereby fostering a sense of unity and progress.

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Impact




October, 2024

The Silverdale Rotary Club Foundation significantly impacts the community by actively engaging in a variety of initiatives aimed at enhancing the quality of life in Silverdale, WA. Through its commitment to community, international, and vocational services, the foundation provides vital support to local projects that improve infrastructure, education, and social services.

By fostering connections and collaboration among community members, the foundation addresses pressing needs and enhances community well-being. It empowers residents through vocational programs that promote skill development, paving the way for better employment opportunities. Additionally, the foundation extends its reach beyond local boundaries, contributing to international efforts that promote peace, education, and health.

Overall, the Silverdale Rotary Club Foundation plays a critical role in community improvement, creating a lasting positive impact for both local residents and global beneficiaries.




This information is meant to be a general summary of Silverdale Rotary Club Foundation. 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
$115,417 (2022)
Expenses
$99,729 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26,069
  • Gross Receipts: $331,952

Assets and Liabilities:

  • Total Assets: $390,920
  • Total Liabilities: $427
  • Net Assets: $390,493

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Organization Details

Founding Year

1995

Principal Officer

Elayne Burton

Main Address

PO Box 151, Silverdale, WA, 98383

NTEE Category

Code: S80Z - Community improvement

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