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Cherokee Strip Community Foundation

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

EIN: 731547637 ✦ Enid, OK ✦ Designated as a 501(c)(3)

Overview

What is Cherokee Strip Community Foundation?

The Cherokee Strip Community Foundation is a nonprofit organization situated in Enid, Oklahoma. With a focus on Northwest Oklahoma, their primary mission is to address the region's charitable needs by managing and growing endowment and other funds. By preserving capital and increasing its value, the foundation aims to benefit the local communities. They engage in both targeted grant distributions from endowed and donor-advised funds, as well as a competitive grant cycle for proposals from regional non-profits. Their funding priorities include special projects, innovative programs, technology, and capacity building. The organization is led by a small team of two dedicated individuals.


Official website here: www.cherokeestripcf.com

Is Cherokee Strip Community Foundation legitimate?

Cherokee Strip Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cherokee Strip 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $135,000

For more financial information, click here


Official website here: www.cherokeestripcf.com

What is the mission statement of Cherokee Strip Community Foundation?

The Cherokee Strip Community Foundation's mission is centered around serving the charitable needs of a particular region in Oklahoma. They accomplish this by managing and growing endowment and other funds. The primary objective of this administration is to preserve capital and enhance its value, ultimately benefiting the communities in the region. The foundation engages in distributing funds from endowed and donor-advised funds, as well as through a competitive grant cycle. During this competitive grant cycle, they welcome proposals from various non-profit organizations serving residents in Northwest Oklahoma, focusing on special projects, innovative programs, technological advancements, and capacity building.


Official website here: www.cherokeestripcf.com

Who is the CEO of Cherokee Strip Community Foundation?

Todd Hamilton is the Executive Director of Cherokee Strip Community Foundation.


Official website here: www.cherokeestripcf.com

What is the revenue of Cherokee Strip Community Foundation?

Cherokee Strip Community Foundation's revenue in 2022 was $3,966,515.


Official website here: www.cherokeestripcf.com

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

The average compensation at Cherokee Strip Community Foundation during 2022 was $67,500. There are 2 employees and 50 volunteers at Cherokee Strip Community Foundation.

Here are 17 key members and their salaries:

    Carrie Sanders (Executive Director)
  • Compensation: $90,000
  • Related: $0
  • Other: $0

    • Todd Hamilton (President, Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcy Price (Past-President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Hallie Caldwell (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Avadelle Hibbets (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheryl Benbrook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Bryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Caruthers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karig Culver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Lucas Dillingham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Funk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mandy Mayberry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Randall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Tim Traynor (Emeritus Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cherokeestripcf.com

    Where can I find the form 990 for Cherokee Strip Community Foundation?

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


    Official website here: www.cherokeestripcf.com

    Learn more at the official website: www.cherokeestripcf.com

    Mission Statement of Cherokee Strip Community Foundation

    The Cherokee Strip Community Foundation, a renowned non-profit organization, is dedicated to serving the charitable needs of communities in Northwest Oklahoma. Its primary mission is to manage and enhance the value of endowment and other funds. By doing so, the foundation aims to preserve capital and contribute to the betterment of the communities in their area. The Cherokee Strip Community Foundation accomplishes this through various means, including distributing funds from endowed and donor-advised funds to beneficiaries. In addition, the foundation holds a competitive grant cycle, where it distributes funds from Field of Interest Funds to non-profits serving residents in the Northwest Oklahoma area. The Foundation focuses its competitive grant funding on special projects, innovative programs, technology, and capacity building.

    Impact

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




    Saturday, July 20, 2024

    The Cherokee Strip Community Foundation has a significant impact on Northwest Oklahoma by serving the charitable needs of the region through the development and administration of endowment and other funds. By preserving capital and enhancing value, the foundation benefits communities in the area through distributions, donor-advised funds, and competitive grant cycles. Through these initiatives, the foundation supports special projects, innovative programs, technology, and capacity building for nonprofits serving residents in Northwest Oklahoma.





    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: $2,731,670
  • Program Service Revenue: $440,588
  • Gross Receipts: $3,966,515

    • Assets and Liabilities:
  • Total Assets: $26,497,901
  • Total Liabilities: $5,192,280
  • Net Assets: $21,305,621
  • Programs

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

    Distributions, Donor Advised and Competitive Grant Cycle Program Service Revenue

    Revenue

    $360,073

    Nonprofit Conference Program Service Revenue

    Revenue

    $3,815

    Scholarships Program Service Revenue

    Revenue

    $76,700

    Organization Details

    Founding Year

    1998

    Principal Officer

    Todd Hamilton

    Main Address

    PO Box 263, Enid, OK, 73702

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Cherokee Strip 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.