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Hastings Community Foundation Inc

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

EIN: 363569968 ✦ Hastings, NE ✦ Designated as a 501(c)(3)

Overview

What is Hastings Community Foundation Inc?

Hastings Community Foundation Inc, located in Hastings, Nebraska, is a 501(c)(3) nonprofit organization with a mission to enrich and improve the quality of life in the Hastings area. They achieve this by managing and investing philanthropic donations in a prudent manner. The foundation distributes these funds to qualified organizations, adhering to the instructions or limitations set in the gift or the will of the testator. The organization, with a team of five dedicated individuals, plays a crucial role in supporting the community's exempt purposes as outlined in Regulation 1.501(c)(3)-1(D).


Is Hastings Community Foundation Inc legitimate?

Hastings Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hastings 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: $90,513
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,885

For more financial information, click here


What is the mission statement of Hastings Community Foundation Inc?
Who is the CEO of Hastings Community Foundation Inc?
What is the revenue of Hastings Community Foundation Inc?
Who are the executives of Hastings Community Foundation Inc and what are their salaries?
Where can I find the form 990 for Hastings Community Foundation Inc?

Mission Statement of Hastings Community Foundation Inc

The Hastings Community Foundation works diligently to preserve and enhance the quality of life in its surrounding area. As a community foundation, its primary mission is to manage and invest philanthropic donations prudently. This philanthropic capital is then disbursed to qualifying 501(c)(3) organizations and governmental entities. These receiving organizations utilize the donations to further their exempt purposes, as outlined in Regulation 1.501(c)(3)-1(D). The Hastings Community Foundation adheres to the instructions or limitations contained in the gift or the will of the testator, ensuring that the donations are distributed in alignment with the intended purpose.

Impact

This information is meant to be a general summary of Hastings 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

Hastings Community Foundation Inc's impact is focused on perpetuating and enriching the quality of life in Hastings and the surrounding area through the prudent investment and management of philanthropic donations. Their activities include distributing funds to qualified 501(c)(3) organizations and governmental organizations, which use these donations to further their exempt purposes. By supporting community organizations in this way, Hastings Community Foundation Inc plays a vital role in enhancing the well-being and vibrancy of 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: $-586,906
  • Program Service Revenue: $0
  • Gross Receipts: $15,806,351

    • Assets and Liabilities:
  • Total Assets: $14,500,500
  • Total Liabilities: $1,010,472
  • Net Assets: $13,490,028
  • Organization Details

    Founding Year

    1988

    Principal Officer

    Roger Doerr

    Main Address

    PO BOX 703, HASTINGS, NE, 68902

    NTEE Category

    Code: T310 - Philanthropy

    If you are a representative of Hastings 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.