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Hobe Sound Community Chest Inc

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

EIN: 596155092 ✦ Hobe sound, FL ✦ Designated as a 501(c)(3)

Overview

What is Hobe Sound Community Chest Inc?

Hobe Sound Community Chest Inc is a nonprofit organization situated in Hobe Sound, Florida. Its primary mission is to enhance the social and educational wellbeing of the entire community by funding various programs and initiatives catering to the needs of Hobe Sound residents. The organization achieves this by granting funds to numerous nonprofit organizations, expanding their services in areas such as child care, education, youth recreation, food, and shelter. In the current fiscal year, Hobe Sound Community Chest supported 44 service organizations. One of their notable initiatives, Hobe Sound Strong Start, aims to increase the number of Hobe Sound children who are prepared for kindergarten. The organization offers scholarships to quality early learning centers for children in economic need, supports community-based programs, introduces arts, music, and athletic programs to centers, and assists in building more space to serve children. The ultimate goal is to ensure that every Hobe Sound preschooler has a learning place by 2025. With a dedicated workforce of three individuals, Hobe Sound Community Chest continues to positively impact the community.


Is Hobe Sound Community Chest Inc legitimate?

Hobe Sound Community Chest Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hobe Sound Community Chest 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: $149,436
Professional Fundraising Fees: $0
Other Salaries and Wages: $167,980

For more financial information, click here


What is the mission statement of Hobe Sound Community Chest Inc?
Who is the CEO of Hobe Sound Community Chest Inc?
What is the revenue of Hobe Sound Community Chest Inc?
Who are the executives of Hobe Sound Community Chest Inc and what are their salaries?

The average compensation at Hobe Sound Community Chest Inc during 2023 was $105,805. There are 3 employees and 44 volunteers at Hobe Sound Community Chest Inc.

Here are 45 key members and their salaries:


Where can I find the form 990 for Hobe Sound Community Chest Inc?

Mission Statement of Hobe Sound Community Chest Inc

Hobe Sound Community Chest Inc is an organization dedicated to enhancing the social and educational wellbeing of its entire community. Their mission is accomplished by funding programs and initiatives that serve the needs of Hobe Sound residents. The scope of these services covers various aspects of community life, including child care, education, youth recreation, food and shelter, and other areas that directly impact the community's greater good.

In a proactive effort to support the community, Hobe Sound Community Chest Inc issues grants to numerous non-profit organizations. These grants enable these organizations to provide essential services that improve the quality of life for Hobe Sound residents. By funding these programs, the Community Chest contributes to the overall strength and wellbeing of the community.

One of the Community Chest's initiatives is Hobe Sound Strong Start, a program aimed at increasing the number of Hobe Sound children who are ready to learn when they enter kindergarten. To achieve this goal, the Chest awards scholarships to quality early learning centers for children with economic needs. They also support community-based programs for children who cannot attend these centers, introduce arts, music, and athletic programs to the centers, and help centers build additional space to serve more children. The ultimate aim is to ensure that every Hobe Sound preschooler has access to quality education and the means to attend by 2025.

Impact

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




Saturday, July 20, 2024

Hobe Sound Community Chest Inc's impact is significant in promoting the social and educational wellbeing of the entire community by funding programs and initiatives that serve Hobe Sound residents in need. The organization issues grants to other non-profit organizations that enhance the quality of life for residents, with a focus on areas such as child care, education, youth recreation, food, and shelter. In the current fiscal year, they have supported forty-four service organizations, showcasing their widespread impact.

One notable initiative is the Hobe Sound Strong Start program, which aims to increase the number of children in Hobe Sound who are ready to learn when they enter kindergarten. Through awarding scholarships to quality early learning centers for children with economic need, supporting community-based programs for children who cannot attend centers, bringing arts, music, and athletic programs to the centers, and aiding in expanding center space to serve more children, the organization is investing in the educational foundation of the community's youth.

By 2025, the goal is for every preschooler in Hobe Sound to have access to a place to learn and the resources to attend. Through these efforts, Hobe Sound Community Chest Inc is making a lasting impact on the community, ensuring a brighter future for its residents.





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 2023.

  • Investment Income: $207,813
  • Program Service Revenue: $0
  • Gross Receipts: $4,109,651

    • Assets and Liabilities:
  • Total Assets: $2,974,615
  • Total Liabilities: $175,500
  • Net Assets: $2,799,115
  • Organization Details

    Founding Year

    1949

    Principal Officer

    Scott R Berry

    Main Address

    PO BOX 511, HOBE SOUND, FL, 334750511

    NTEE Category

    Code: T700 - Philanthropy

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