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Madison Jones & Remender Foundation

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

EIN: 911846337 ✦ Madison, NE ✦ Designated as a 501(c)(3)

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Overview

What is Madison Jones & Remender Foundation?

Madison Jones & Remender Foundation is a charitable organization situated in Madison, Nebraska. It primarily gathers contributions from the public and utilizes the proceeds to support various initiatives within the city and Madison Public Schools. The foundation's philanthropic efforts extend beyond direct financial aid, as it also provides grants to organizations with charitable, educational, or scientific objectives. By doing so, the foundation contributes to the overall betterment of the community, specifically focusing on the city of Madison and its educational sector.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73% (Two-Star out of Four Stars)

The Madison Jones & Remender Foundation has received a Two-Star rating from Charity Navigator, reflecting a 73% score primarily focused on accountability and finance. The foundation is praised for its strong performance in several areas, including a perfect score for having a fully independent board and no material diversion of assets, highlighting its financial integrity and organizational governance.

However, the foundation has notable weaknesses that contributed to its overall rating. It lacks key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are essential for ensuring transparency and accountability. Additionally, the foundation's website is missing from its tax forms, which may hinder public access to important information.

On a positive note, the foundation demonstrates a high commitment to its mission with a program expense ratio of nearly 99%, indicating that the vast majority of its expenses are directed toward programs rather than administrative costs. These strengths, coupled with the identified areas for improvement, provide a comprehensive view of the organization's current standing in terms of accountability and financial health.


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

Is Madison Jones & Remender Foundation legitimate?

Madison Jones & Remender Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Jones & Remender 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 Madison Jones & Remender Foundation?

The Madison Jones & Remender Foundation serves to collect donations from the general public. The funds generated are utilized for the betterment of the community and Madison Public Schools. The foundation makes contributions to organizations that have charitable, educational, or scientific purposes. Through these donations, they have benefited the city of Madison by providing grants and assistance to various organizations, including schools and libraries.

Who is the CEO of Madison Jones & Remender Foundation?

Tim Tighe is the President of Madison Jones & Remender Foundation.

What is the revenue of Madison Jones & Remender Foundation?

Madison Jones & Remender Foundation's revenue in 2020 was $46,191.

Who are the executives of Madison Jones & Remender Foundation and what are their salaries?


Here are 3 key members and their salaries:


David J Warnemunde (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Tighe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Small (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Madison Jones & Remender Foundation?

Madison Jones & Remender Foundation's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Madison Jones & Remender Foundation

The Madison Jones & Remender Foundation is a charitable organization that receives donations from the general public. The funds generated from these contributions are utilized for the betterment of the city of Madison and its public schools. The foundation demonstrates its commitment by making contributions to various organizations that serve charitable, educational, or scientific purposes. In essence, the Madison Jones & Remender Foundation plays a significant role in uplifting its community by channeling its resources towards worthy causes.

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Impact




August, 2024

Madison Jones & Remender Foundation's impact is felt in the city of Madison and its public schools through grants and assistance provided to various organizations for charitable, educational, or scientific purposes. The foundation receives donations from the general public, which are then used to benefit the community by supporting initiatives that contribute to the overall well-being and development of the city. Through their philanthropic efforts, the foundation plays a significant role in enhancing the educational opportunities and quality of life for the residents of Madison.




This information is meant to be a general summary of Madison Jones & Remender 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
$46,191 (2020)
Expenses
$34,313 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $15,364
  • Gross Receipts: $46,191

Assets and Liabilities:

  • Total Assets: $550,049
  • Total Liabilities: $0
  • Net Assets: $550,049

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Organization Details

Founding Year

1997

Principal Officer

Tim Tighe

Main Address

PO BOX 610, MADISON, NE, 687480610

NTEE Category

Code: T31 - Philanthropy

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