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Independent Catholic Foundation

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

EIN: 251625390 ✦ Altoona, PA ✦ Designated as a 501(c)(3)

Overview

What is Independent Catholic Foundation?

The Independent Catholic Foundation, situated in Altoona, Pennsylvania, serves as a vital support system for the Altoona-Johnstown Diocese. Primarily focused on fund development, this nonprofit organization channels resources to various ministerial endeavors within the diocese. Its mission is to uphold and advance the work of the Church within the Diocese of Altoona-Johnstown. This includes providing endowments for cemeteries, scholarships, and other religious initiatives. With a modest team of two dedicated individuals, the Independent Catholic Foundation plays a significant role in sustaining and fostering religious activities within the Altoona-Johnstown Diocese.


Official website here: www.independentcatholicfoundation.org

Is Independent Catholic Foundation legitimate?

Independent Catholic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independent Catholic 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: $99,762
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,112

For more financial information, click here


Official website here: www.independentcatholicfoundation.org

What is the mission statement of Independent Catholic Foundation?

The Independent Catholic Foundation's mission is centered around raising funds to support various ministerial endeavors within the Altoona-Johnstown Diocese. This mission is primarily aimed at ensuring the continuation of the Lord's work within the diocese. The foundation distributes endowments to various initiatives, including cemeteries and scholarships, as part of its ministerial endeavors. In essence, its purpose is to provide financial support for the diocesan church.


Official website here: www.independentcatholicfoundation.org

Who is the CEO of Independent Catholic Foundation?

C Ringkamp is the President / of Independent Catholic Foundation.


Official website here: www.independentcatholicfoundation.org

What is the revenue of Independent Catholic Foundation?

Independent Catholic Foundation's revenue in 2022 was $2,096,997.


Official website here: www.independentcatholicfoundation.org

Who are the executives of Independent Catholic Foundation and what are their salaries?

The average compensation at Independent Catholic Foundation during 2022 was $76,437. There are 2 employees at Independent Catholic Foundation.

Here are 14 key members and their salaries:

    C Ringkamp (President /)
  • Compensation: $99,762
  • Related: $0
  • Other: $2,782

    • H Durbin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Lehman Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Keller (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Leahey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • M Lieb (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Martella (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • T Mcaneny (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Stellabotte (Board Memebe) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Wolf (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • M Difrancesco (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • A Isgan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Musar (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • B Stasko (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.independentcatholicfoundation.org

    Where can I find the form 990 for Independent Catholic Foundation?

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


    Official website here: www.independentcatholicfoundation.org

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

    Mission Statement of Independent Catholic Foundation

    The Independent Catholic Foundation is committed to furthering various ministerial endeavors within the Altoona-Johnstown Diocese. Its primary mission is to provide financial support for the Diocesan Church, ensuring that the Lord's work continues within this religious community. To accomplish this, the foundation distributes endowments to various initiatives, including cemeteries, scholarships, and other ministerial projects. By financially backing these projects, the Independent Catholic Foundation plays a crucial role in sustaining and promoting spiritual growth within the Altoona-Johnstown Diocese.

    Impact

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




    Thursday, August 15, 2024

    The Independent Catholic Foundation's impact lies in its crucial role of fund development to support various ministerial endeavors within the Altoona-Johnstown Diocese. By providing endowment distributions for cemeteries, scholarships, and other ministerial efforts, the foundation ensures that the work of the Lord can continue within the diocese. Through its mission of funding the diocesan church, the Independent Catholic Foundation plays a vital part in sustaining and furthering religious activities and initiatives in the 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: $538,939
  • Program Service Revenue: $391,151
  • Gross Receipts: $2,096,997

    • Assets and Liabilities:
  • Total Assets: $35,931,954
  • Total Liabilities: $1,711,347
  • Net Assets: $34,220,607
  • Programs

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

    FOUNDATION FEES

    Revenue

    $391,151

    Organization Details

    Founding Year

    1990

    Principal Officer

    C Ringkamp

    Main Address

    3618 FIFTH AVENUE SUITE 1, ALTOONA, PA, 16602

    NTEE Category

    Code: X22 - Religion related

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