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Salem Community Foundation Inc

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

EIN: 341001130 ✦ Salem, OH ✦ Designated as a 501(c)(3)

Overview

What is Salem Community Foundation Inc?

Salem Community Foundation Inc is a nonprofit organization situated in Salem, Ohio, as indicated by its postal address. Their primary goal is to enhance the well-being of their local community. They accomplish this by distributing grants to a diverse range of organizations, contributing to their mission to improve the overall quality of life in the Salem area. With a modest workforce of just two employees, this foundation plays a significant role in supporting local initiatives and fostering community development.


Official website here: www.salemcommunityfoundation.org

Is Salem Community Foundation Inc legitimate?

Salem Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salem Community 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,520

For more financial information, click here


Official website here: www.salemcommunityfoundation.org

What is the mission statement of Salem Community Foundation Inc?

The Salem Community Foundation Inc aims to enhance the quality of life in its local area. It accomplishes this objective by distributing grants to a diverse range of organizations. The foundation's mission, in essence, is dedicated to bettering the community by providing financial support. By doing so, it contributes to various aspects of community development and improvement.


Official website here: www.salemcommunityfoundation.org

Who is the CEO of Salem Community Foundation Inc?

John E Tonti is the Director of Salem Community Foundation Inc.


Official website here: www.salemcommunityfoundation.org

What is the revenue of Salem Community Foundation Inc?

Salem Community Foundation Inc's revenue in 2022 was $3,456,677.


Official website here: www.salemcommunityfoundation.org

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

The average compensation at Salem Community Foundation Inc during 2022 was $50,760. There are 2 employees and 18 volunteers at Salem Community Foundation Inc.

Here are 17 key members and their salaries:

    Richard K Lutsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah B Mcculloch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Geoffrey Goll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry G Cecil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis A Ramunno (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shane R Franks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph P Sedzmak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Salvatore C Apicella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meta S Cramer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark C Equizi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karl Getzinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven J Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn Caldwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John E Tonti (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert S Mcculloch Iii (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary E Moffett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Ws Hays (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.salemcommunityfoundation.org

    Where can I find the form 990 for Salem Community Foundation Inc?

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


    Official website here: www.salemcommunityfoundation.org

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

    Mission Statement of Salem Community Foundation Inc

    Salem Community Foundation Inc, a nonprofit organization, is dedicated to enhancing the quality of life in its local community and the surrounding area. To achieve this mission, the foundation disburses grants to a diverse array of organizations. By providing financial support to these organizations, Salem Community Foundation Inc contributes to the betterment of its community, ultimately improving the lives of its residents.

    Impact

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




    Thursday, August 15, 2024

    Salem Community Foundation Inc has had a significant impact on the quality of life in Salem and the immediate area. Through the disbursement of grants to a variety of organizations, they have played a crucial role in the betterment of the local community. Their focus on philanthropy has helped support various initiatives and projects that aim to enhance the well-being and prosperity of the community. Through their mission-driven approach, Salem Community Foundation Inc continues to make a positive difference in the lives of those living in Salem and its surrounding areas.





    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: $1,244,117
  • Program Service Revenue: $0
  • Gross Receipts: $11,570,042

    • Assets and Liabilities:
  • Total Assets: $39,149,977
  • Total Liabilities: $2,219
  • Net Assets: $39,147,758
  • Organization Details

    Founding Year

    1966

    Principal Officer

    John E Tonti

    Main Address

    PO Box 553, SALEM, OH, 44460

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Salem Community 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.