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Otsego Community Foundation

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

EIN: 383216235 ✦ Gaylord, MI ✦ Designated as a 501(c)(3)

Overview

What is Otsego Community Foundation?

The Otsego Community Foundation is a nonprofit organization situated in Gaylord, Michigan. Its primary focus is to facilitate local philanthropy by collaborating with donors who wish to contribute to their community. The foundation assists these donors in identifying compatible projects and programs, subsequently distributing funds accordingly. As per the provided data, they have granted a total of 133 awards from 24 donor-advised funds. Their mission is to stimulate generosity, strengthening the community through endowment building, grant awarding, and convening community leaders. With a small team of four employees, the Otsego Community Foundation actively works towards enhancing their local area.


Official website here: www.otsegofoundation.org

Is Otsego Community Foundation legitimate?

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

Here are some key statistics you may want to consider:

Executive Compensation: $57,403
Professional Fundraising Fees: $0
Other Salaries and Wages: $92,631

For more financial information, click here


Official website here: www.otsegofoundation.org

What is the mission statement of Otsego Community Foundation?

The Otsego Community Foundation's mission is centered around activating generosity to strengthen the community. They achieve this by building endowments, grant-making, and convening community leaders. This is done by working with donors who are interested in local philanthropy, helping them identify projects and programs that align with their objectives, and distributing grants accordingly. As of the provided information, they have awarded 133 grants from 24 donor-advised funds.


Official website here: www.otsegofoundation.org

Who is the CEO of Otsego Community Foundation?

Dana Bensinger is the Director of Otsego Community Foundation.


Official website here: www.otsegofoundation.org

What is the revenue of Otsego Community Foundation?

Otsego Community Foundation's revenue in 2022 was $4,643,437.


Official website here: www.otsegofoundation.org

Who are the executives of Otsego Community Foundation and what are their salaries?

The average compensation at Otsego Community Foundation during 2022 was $37,508. There are 4 employees and 75 volunteers at Otsego Community Foundation.

Here are 13 key members and their salaries:

    Dana Bensinger (Executive Director)
  • Compensation: $57,403
  • Related: $0
  • Other: $0

    • Bill Forreider (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • James Camiller (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barb Brown (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pat Morse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Brian Pearson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annettte Wells (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Justine Hees (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katy Xenakis-Makowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brandie Meisner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.otsegofoundation.org

    Where can I find the form 990 for Otsego Community Foundation?

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


    Official website here: www.otsegofoundation.org

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

    Mission Statement of Otsego Community Foundation

    The Otsego Community Foundation, a notable nonprofit organization, is dedicated to stimulating generosity for a robust community. They achieve this mission by advocating for the establishment of endowments, distributing grants, and convening community leaders. This three-pronged approach allows the foundation to support local projects and initiatives that align with the objectives of its donors, thereby fostering philanthropic engagement. As a testament to their commitment, the Otsego Community Foundation has awarded a total of 133 grants from 24 donor-advised funds.

    Impact

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




    Saturday, July 20, 2024

    Otsego Community Foundation plays a significant role in activating generosity for a stronger community in the city of Gaylord, MI. By effectively managing donor-advised funds, the foundation enables individuals and organizations to engage in local philanthropy. Through the distribution of grants - with 133 grants awarded from 24 donor-advised funds - the foundation supports projects and programs that align with the donors' objectives. This impactful work helps build endowments, award grants, and convene leaders, all with the ultimate mission of strengthening and enhancing the local community.





    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: $371,730
  • Program Service Revenue: $24,904
  • Gross Receipts: $5,394,979

    • Assets and Liabilities:
  • Total Assets: $9,479,509
  • Total Liabilities: $1,210,532
  • Net Assets: $8,268,977
  • Programs

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

    AGENCY FUND ADMINISTRA

    Revenue

    $24,904

    Organization Details

    Founding Year

    1994

    Principal Officer

    Dana Bensinger

    Main Address

    PO BOX 344, GAYLORD, MI, 49734

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Otsego Community Foundation 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.