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Nema Foundation Inc

Dba Provisionbridge

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

EIN: 274357830 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

Overview

What is Nema Foundation Inc?

The Nema Foundation Inc, also known as ProvisionBridge, is a 501(c)(3) nonprofit organization based in Sarasota, Florida. Established in 2011, the organization's mission is to simplify charitable giving for individuals, families, and organizations by acting as an intermediary between donors and charities that provide essential care to those in need. ProvisionBridge enables donors to contribute assets and then recommend grants to charities, while the foundation's personnel assess and qualify the grantees. With a team of dedicated professionals, ProvisionBridge aims to help more people give to meet the needs in their community. The organization currently employs six individuals.


Official website here: www.provisionbridge.org

Is Nema Foundation Inc legitimate?

Nema Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nema Foundation 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: $99,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,168

For more financial information, click here


Official website here: www.provisionbridge.org

What is the mission statement of Nema Foundation Inc?

Nema Foundation Inc is dedicated to facilitating charitable giving in an efficient and tax-exempt manner. With the increasing number of families facing financial challenges due to difficult times, rising medical costs, and natural disasters, there is a growing desire among individuals, families, and organizations to help meet the needs of those in need. Recognizing this need, a team of dedicated leaders in the non-profit sector established Provision Bridge in 2011 as a 501-C3 organization. Their mission is to make charitable giving more accessible, enabling more people to support organizations that provide care for those in need within their communities.


Official website here: www.provisionbridge.org

Who is the CEO of Nema Foundation Inc?

Cheryl Green is the Exec. Dir./P of Nema Foundation Inc.


Official website here: www.provisionbridge.org

What is the revenue of Nema Foundation Inc?

Nema Foundation Inc's revenue in 2022 was $22,559,102.


Official website here: www.provisionbridge.org

Who are the executives of Nema Foundation Inc and what are their salaries?

The average compensation at Nema Foundation Inc during 2022 was $37,278. There are 6 employees at Nema Foundation Inc.

Here are 7 key members and their salaries:

    Cheryl Green (Exec. Dir./P) [Trustee/Director]
  • Compensation: $54,000
  • Related: $0
  • Other: $0

    • Mary Whitlock (Secretary)
  • Compensation: $45,500
  • Related: $0
  • Other: $0

    • David Michael Franklin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brittany Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Scott Merritt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.provisionbridge.org

    Where can I find the form 990 for Nema Foundation Inc?

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


    Official website here: www.provisionbridge.org

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

    Mission Statement of Nema Foundation Inc

    Nema Foundation Inc, a 501-C3 organization, was established with a mission to facilitate charitable giving in an easy and tax-efficient manner. The team behind Nema Foundation recognized the growing need for financial assistance due to difficult times, rising medical costs, natural disasters, and other problems. This realization led them to create a platform that would bring together individuals, families, and organizations who wish to make a difference in their community.

    Nema Foundation's primary goal is to bridge the gap between those in need and those who wish to help. By providing an accessible and efficient way to donate, Nema Foundation aims to encourage more people to give generously and support organizations that provide essential care. In 2011, the organization received its determination letter from the IRS, marking the beginning of its journey to help more people make an impact in their communities.

    Impact

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




    Thursday, August 15, 2024

    Nema Foundation Inc, operating as ProvisionBridge, has a significant impact by providing an easy and tax-efficient way for individuals, families, and organizations to support charitable organizations that offer care for those in need. In a time marked by rising medical costs, natural disasters, and increasing financial challenges for many families, ProvisionBridge plays a crucial role in facilitating charitable giving to address these pressing needs in the community. Since its establishment in 2011 as a 501(c)(3) organization, ProvisionBridge has been instrumental in connecting donors with reputable charitable organizations, ensuring that donations effectively reach those requiring assistance. Through its donor-advised funds, ProvisionBridge enables donors to contribute assets and recommend grants to deserving charities, supporting a wide range of philanthropic endeavors. This approach not only streamlines the giving process but also ensures that resources are efficiently allocated to where they are most needed, making a tangible difference in the lives of individuals and families facing hardships. The impact generated by ProvisionBridge extends beyond financial assistance, embodying a spirit of philanthropy that brings hope and support to those in need, ultimately fostering a stronger and more compassionate 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: $461,024
  • Program Service Revenue: $0
  • Gross Receipts: $64,618,652

    • Assets and Liabilities:
  • Total Assets: $33,716,025
  • Total Liabilities: $25,070
  • Net Assets: $33,690,955
  • Organization Details

    Founding Year

    2011

    Principal Officer

    Cheryl Green

    Main Address

    1859 NORTHGATE BLVD, SARASOTA, FL, 34234

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of Nema Foundation Inc 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.