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Western Indiana Community Foundation Inc

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

EIN: 351814927 ✦ Covington, IN ✦ Designated as a 501(c)(3)

Overview

What is Western Indiana Community Foundation Inc?

Western Indiana Community Foundation Inc is a nonprofit organization situated in Covington, Indiana. Their primary mission is to improve their community by providing support for education, families, individuals, businesses, and nonprofit groups. They accomplish this by establishing funds within the foundation, where various assets can be contributed for charitable purposes. Grants are then awarded to community projects, nonprofit organizations, and students in need of scholarships. The foundation, with a team of four dedicated individuals, serves as a bridge between community members and worthy causes, aiming to make a positive impact on their local community.


Official website here: www.wicf-inc.org

Is Western Indiana Community Foundation Inc legitimate?

Western Indiana Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Indiana 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: $102,429
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,582

For more financial information, click here


Official website here: www.wicf-inc.org

What is the mission statement of Western Indiana Community Foundation Inc?

The Western Indiana Community Foundation Inc's mission revolves around assisting in the betterment of the community. They encourage individuals, families, businesses, and nonprofit groups to set up funds within the foundation, contributing a variety of assets for charitable purposes. Grants are then distributed to community projects, nonprofit organizations, and students for educational scholarships. The organization plays a significant role in supporting community programs and scholarships for secondary education that require assistance from the entire community.


Official website here: www.wicf-inc.org

Who is the CEO of Western Indiana Community Foundation Inc?

Susan Reynolds is the President of Western Indiana Community Foundation Inc.


Official website here: www.wicf-inc.org

What is the revenue of Western Indiana Community Foundation Inc?

Western Indiana Community Foundation Inc's revenue in 2022 was $3,172,409.


Official website here: www.wicf-inc.org

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

The average compensation at Western Indiana Community Foundation Inc during 2022 was $43,503. There are 4 employees and 10 volunteers at Western Indiana Community Foundation Inc.

Here are 8 key members and their salaries:

    Dale White (Executive Di)
  • Compensation: $102,429
  • Related: $0
  • Other: $0

    • Susan Reynolds (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raquel Stultz (Vice-Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Martin (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Mcgurk Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Sowers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Megan Ellmore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wicf-inc.org

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

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


    Official website here: www.wicf-inc.org

    Learn more at the official website: www.wicf-inc.org

    Mission Statement of Western Indiana Community Foundation Inc

    Western Indiana Community Foundation Inc is committed to improving their community. They achieve this by facilitating the establishment of charitable funds by families, individuals, businesses, and nonprofit groups. Contributors can donate various assets to these funds, which are then utilized for charitable purposes. The foundation grants funds to community projects, nonprofit organizations, and students for educational scholarships. By doing so, Western Indiana Community Foundation Inc plays a significant role in supporting community programs and secondary education, ensuring that these sectors receive the necessary financial assistance they require.

    Impact

    This information is meant to be a general summary of Western Indiana 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

    Western Indiana Community Foundation Inc is making a significant impact in Covington, IN by helping people improve our community through community programs and scholarships for secondary education. The organization works tirelessly to support families, individuals, businesses, and groups in establishing funds within the foundation for charitable purposes. Grants are awarded to community projects, organizations, and students in need of scholarships. Their commitment to philanthropy is evident in the positive changes they bring to the local 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: $733,505
  • Program Service Revenue: $405,302
  • Gross Receipts: $9,634,662

    • Assets and Liabilities:
  • Total Assets: $31,699,703
  • Total Liabilities: $474,791
  • Net Assets: $31,224,912
  • Programs

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

    ADMINISTRATIVE FEE INCOME

    Revenue

    $389,280

    PROGRAM INCOME

    Revenue

    $16,022

    Organization Details

    Founding Year

    1990

    Principal Officer

    Susan Reynolds

    Main Address

    135 S STRINGTOWN RD PO BOX 175, COVINGTON, IN, 479320175

    NTEE Category

    Code: T31Z - Philanthropy

    If you are a representative of Western Indiana 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.