St. Croix Foundation for Community Development Inc.
St. Croix Foundation for Community Development Inc.
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About this organization
Mission
To foster economic and social development of the island of St. Croix and throughout the U.S Virgin Islands.
About
Donor advised funds and fiscal sponsorships - Donor advised funds allows individuals to create a philanthropic fund without naming specific charities while allowing them to remain actively involved by recommending grants from funds. Fiscal sponsorships assist smaller nonprofits as well as public and private entities by providing financial administration services and account management.
Interesting data from their 2020 990 filing
The filing clearly states the mission of the non-profit as “To foster economic and social development of the islands of st. croix and throughout the united states virgin islands.”.
When outlining its functions, they were explained as: “To foster economic and social development of th island of st. croix and throughout the u.s virgin islands.”.
- In compliance with legal regulations, the non-profit has reported their state of operation as VI.
- The filing records the non-profit's address for 2020 as PO BOX 1128, CHRISTIANSTED, VI, 00821.
- As of 2020, the non-profit's form reports a total of 9 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is a donor-advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $949,365.
- The compensation of the CEO of the organization is not based on an independent review and approval process.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 6 independent voting members.
- The organization was formed in 1990.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization pays $328,736 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization has grants to organizations.