nonprofit logo

Community Foundation For Nantucket Inc

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

EIN: 134316755 ✦ Nantucket, MA ✦ Designated as a 501(c)(3)

Overview

What is Community Foundation For Nantucket Inc?

The Community Foundation For Nantucket Inc, situated in Nantucket, Massachusetts, serves as a vital philanthropic organization with a mission to strengthen Nantucket for present and future generations. With a team of six dedicated individuals, they focus on informed philanthropy and community leadership. Their efforts span various sectors, including housing, mental health, substance abuse disorders, youth, education, human services, arts/culture, conservation, and animal-related causes. Through grants and program expenses, they strive to make a lasting impact on Nantucket's community and its future.


Official website here: www.cfnan.org

Is Community Foundation For Nantucket Inc legitimate?

Community Foundation For Nantucket Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation For Nantucket 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.

Here are some key statistics you may want to consider:

Executive Compensation: $150,048
Professional Fundraising Fees: $0
Other Salaries and Wages: $251,506

For more financial information, click here


Official website here: www.cfnan.org

What is the mission statement of Community Foundation For Nantucket Inc?

The Community Foundation For Nantucket Inc is dedicated to enhancing the present and securing a stronger future for communities by means of informed philanthropy and community leadership. Their mission centers on supporting various causes through grants and program expenses. These initiatives primarily focus on housing, mental health, substance abuse disorders, youth, education, human services, arts and culture, conservation, and animal-related causes. By engaging in this work, the foundation aims to bring about positive change and development for the benefit of all.


Official website here: www.cfnan.org

Who is the CEO of Community Foundation For Nantucket Inc?

Melissa Philbrick is the Executive Di of Community Foundation For Nantucket Inc.


Official website here: www.cfnan.org

What is the revenue of Community Foundation For Nantucket Inc?

Community Foundation For Nantucket Inc's revenue in 2022 was $13,013,280.


Official website here: www.cfnan.org

Who are the executives of Community Foundation For Nantucket Inc and what are their salaries?

The average compensation at Community Foundation For Nantucket Inc during 2022 was $66,926. There are 6 employees at Community Foundation For Nantucket Inc.

Here are 22 key members and their salaries:

    Magaretta Andrews (Executive Di)
  • Compensation: $140,010
  • Related: $0
  • Other: $10,038

    • Kevin Marshall Through 1222 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Geoffrey Verney Through 622 (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Kotalac Through 622 (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert D Felch Through 622 (Vice-Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas J Anathan (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Anton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Botticelli (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maureen Bousa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Cozort (Vice Preisde) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc A Feigen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamie Foster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pammy Brooks Griffin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Hobart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Hoeffel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Philbrick (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Polachi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Magdalena Reid (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Vineis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Finn Wentworth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Max Wolf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Wright (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cfnan.org

    Where can I find the form 990 for Community Foundation For Nantucket Inc?

    The Community Foundation For Nantucket Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cfnan.org

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

    Mission Statement of Community Foundation For Nantucket Inc

    The Community Foundation For Nantucket Inc is dedicated to strengthening Nantucket, both currently and for future generations. This is achieved through informed philanthropy and community leadership. The organization's mission is multifaceted, focusing on various areas of social need.

    Community Foundation For Nantucket Inc supports programs in housing, mental health, substance abuse disorders, youth, education, human services, arts and culture, conservation, and animal-related causes. By providing grants and program expenses, the foundation addresses the unique needs of Nantucket's community members. The foundation's efforts extend to various sectors, ensuring a comprehensive approach to community betterment.

    The organization's commitment to Nantucket's present and future is a testament to its enduring impact. By investing in programs that address the critical issues of housing, mental health, and substance abuse disorders, the foundation prioritizes the well-being of its residents. Furthermore, the foundation's support in areas such as youth, education, and human services fosters the growth and development of the community's future leaders.

    In the realms of arts and culture, conservation, and animal causes, the Community Foundation For Nantucket Inc champions the preservation of the island's rich heritage and natural beauty. By funding initiatives that promote cultural awareness and environmental sustainability, the foundation ensures the continuation of these essential aspects of Nantucket's identity.

    In summary, the Community Foundation For Nantucket Inc plays a vital role in the development and improvement of the island community by focusing on informed philanthropy and community leadership. Through its diverse grant programs and initiatives, the foundation supports a wide range of causes, ultimately strengthening the social fabric of Nantucket for generations to come.

    Impact

    This information is meant to be a general summary of Community Foundation For Nantucket Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Community Foundation For Nantucket Inc strengthens Nantucket now and for future generations through informed philanthropy and community leadership. Their impact includes supporting community programs in areas such as housing, mental health, substance abuse disorders, youth, education, human services, arts/culture, conservation, and animal-related causes. Through grants and program expenses, they contribute to the well-being of Nantucket's residents and the sustainability of the island's resources.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $633,574
  • Program Service Revenue: $21,486
  • Gross Receipts: $13,898,945

    • Assets and Liabilities:
  • Total Assets: $24,543,363
  • Total Liabilities: $404,183
  • Net Assets: $24,139,180
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    OTHER REVENUE

    Revenue

    $21,486

    Organization Details

    Founding Year

    2005

    Principal Officer

    Melissa Philbrick

    Main Address

    PO BOX 204, NANTUCKET, MA, 02554

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Community Foundation For Nantucket Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.