nonprofit logo

Community Foundation Of Lorain County

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

EIN: 341322781 ✦ Elyria, OH ✦ Designated as a 501(c)(3)

Overview

What is Community Foundation Of Lorain County?

The Community Foundation of Lorain County serves as a grant-making organization situated in Elyria, Ohio, specifically at 9080 Leavitt Road. Approximately one-third of their authorized grants in 2022 are strategically allocated to address critical community needs in Lorain County, addressing a broad spectrum of charitable organizations. The remaining grants are designated funds from donors, advisors, and agencies. This nonprofit connects individuals with causes that matter, responding to the evolving needs of the community by providing grants to local nonprofits, scholarships to support local students, building community endowments, and engaging in key community issues leadership. Their mission encompasses supporting various impact areas, such as animals and environment, arts and culture, education, health, human services, and public benefit, through a competitive grant process in 2022. The Community Foundation of Lorain County employs 14 individuals, demonstrating their commitment to bettering the community.


Official website here: www.peoplewhocare.org

Is Community Foundation Of Lorain County legitimate?

Community Foundation Of Lorain County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Lorain County 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: $307,316
Professional Fundraising Fees: $0
Other Salaries and Wages: $587,213

For more financial information, click here


Official website here: www.peoplewhocare.org

What is the mission statement of Community Foundation Of Lorain County?

The Community Foundation of Lorain County serves as a bridge between individuals who are passionate about making a difference and causes that require support. Its mission is to adapt to the evolving needs of the community by providing grants to local nonprofit organizations, funding scholarships for local students, working with donors to establish community endowments, and taking a leadership role in addressing key community issues. Approximately one-third of the grants authorized in 2022 were directed towards strategic initiatives and community responsive requests, aimed at addressing vital needs in Lorain County and responding to emerging opportunities within various charitable organizations. Grants were also awarded through a competitive process in 2022, supporting programs across a diverse impact area, such as animals and environment, arts and culture, education, health, human services, and public benefit. The remaining grants were designated to the Community Foundation from designated, donor-advised, or agency funds.


Official website here: www.peoplewhocare.org

Who is the CEO of Community Foundation Of Lorain County?

Cynthia H Andrews is the Director of Community Foundation Of Lorain County. The CEO's salary of Community Foundation Of Lorain County is $166,523 and their total compensation is $199,405.


Official website here: www.peoplewhocare.org

What is the revenue of Community Foundation Of Lorain County?

Community Foundation Of Lorain County's revenue in 2022 was $4,276,372.


Official website here: www.peoplewhocare.org

Who are the executives of Community Foundation Of Lorain County and what are their salaries?

The average compensation at Community Foundation Of Lorain County during 2022 was $63,895. There are 14 employees and 100 volunteers at Community Foundation Of Lorain County.

Here are 22 key members and their salaries (Community Foundation Of Lorain County's CEO's salary is $166,523 and their total compensation is $199,405):

    Cynthia H Andrews (President And Ceo)
  • Compensation: $166,523
  • Related: $0
  • Other: $32,882

    • James A Stobe (Cfo)
  • Compensation: $119,615
  • Related: $0
  • Other: $17,569

    • Charlita Anderson-White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Barb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evan Bellamy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Burke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reynaldo Carrion (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Wm Donovan Esq (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Veronica Gilbert (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Grega (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Gregory (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Preethi Tina Kishman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • A G Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Regan Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judith Recknagel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Rivera-Wells (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Schloss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Shebak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eileen Torres (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Wagner (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.peoplewhocare.org

    Where can I find the form 990 for Community Foundation Of Lorain County?

    The Community Foundation Of Lorain County’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.peoplewhocare.org

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

    Mission Statement of Community Foundation Of Lorain County

    The Community Foundation of Lorain County, as a grant-making organization, is dedicated to connecting individuals who care with causes that matter within the community. It responds to the evolving needs of the region by dispensing grants to local nonprofit organizations, offering scholarships to aid local students, building community endowments, and providing leadership on significant community issues. The foundation operates with a vision to address vital community needs in Lorain County, responding to emerging opportunities in various charitable organizations within the region.

    In 2022, approximately one-third of the grants authorized by the board were directed towards strategic initiatives and community-responsive requests. These grants aimed to address a diverse impact area, encompassing sectors such as animals and environment, arts and culture, education, health, human services, and public benefit. The remaining grants were allocated from designated, donor-advised, or agency funds. By engaging in these activities, the Community Foundation of Lorain County works tirelessly to strengthen the community and empower its citizens.

    Impact

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




    Thursday, August 15, 2024

    The impact of the Community Foundation Of Lorain County is significant in addressing vital community needs in Lorain County and responding to emerging opportunities in a wide range of charitable organizations. The grants awarded by the foundation support programs across diverse impact areas such as animals and environment, arts and culture, education, health, human services, and public benefit. By connecting people who care with causes that matter, the foundation plays a crucial role in making grants to local organizations, awarding scholarships to local students, building community endowment, and providing leadership on key community issues. Their philanthropic efforts contribute to the overall well-being and development of the community in Elyria, Ohio.





    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: $2,096,767
  • Program Service Revenue: $0
  • Gross Receipts: $62,112,300

    • Assets and Liabilities:
  • Total Assets: $140,093,745
  • Total Liabilities: $19,445,937
  • Net Assets: $120,647,808
  • Organization Details

    Founding Year

    1980

    Principal Officer

    Cynthia H Andrews

    Main Address

    9080 LEAVITT ROAD, ELYRIA, OH, 44035

    NTEE Category

    Code: T310 - Philanthropy

    If you are a representative of Community Foundation Of Lorain County 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.