Overview
What is Bridgeway Foundation?
The Bridgeway Foundation, established in Galesburg, Illinois, serves as a nonprofit entity primarily focused on managing and accounting for properties leased to affiliated exempt organizations. Its primary role is to hold title to these properties, ensuring their proper utilization by the affiliated organizations. By providing essential management and accounting services, the Bridgeway Foundation plays a crucial role in supporting the operations and financial wellbeing of its associated organizations.
Is Bridgeway Foundation legitimate?
Bridgeway Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridgeway 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Bridgeway Foundation?
The Bridgeway Foundation's mission revolves around holding title to property for lease to affiliated exempt organizations and providing them with essential management and accounting services. This strategy allows these affiliated organizations to focus on their respective missions while benefiting from the Foundation's property and administrative support. By offering these services, the Bridgeway Foundation contributes to the overall functioning and success of its affiliated organizations, thereby extending its reach and impact in various sectors.
Who is the CEO of Bridgeway Foundation?
William Nelson is the Vice Chairman of Bridgeway Foundation. The CEO's salary of Bridgeway Foundation is $0 and their total compensation is $0.
What is the revenue of Bridgeway Foundation?
Bridgeway Foundation's revenue in 2022 was $1,640,013.
Who are the executives of Bridgeway Foundation and what are their salaries?
- Steve Tibbitts (Vice Chairman) [Trustee/Director]
- David Garner (Chairman) [Trustee/Director]
- Jason Duncan (Board Member) [Trustee/Director]
- William Nelson (Ceo/President) [Trustee/Director]
- Chris Butcher (Board Member) [Trustee/Director]
- Wayne Allen (Board Member) [Trustee/Director]
- Staci Danner (Treasurer)
- Jennifer Dalton (Secretary)
Where can I find the form 990 for Bridgeway Foundation?
The Bridgeway Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Bridgeway Foundation
Bridgeway Foundation, as revealed in the provided information, is primarily tasked with holding title to property for lease to other affiliated exempt organizations. This role extends beyond mere property management, as it also involves offering accounting and administrative services to these organizations. In essence, Bridgeway Foundation acts as a supportive entity, providing the necessary infrastructure and financial management tools to enable its affiliated exempt organizations to function effectively and efficiently. This mission enables these organizations to focus on their respective missions, ultimately contributing to the broader societal good.
Impact
This information is meant to be a general summary of Bridgeway Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Bridgeway Foundation's impact lies in its role of holding title to property for lease to other affiliated exempt organizations, while also providing management and accounting services to support these entities. This approach allows these organizations to focus on their core missions and activities without the burden of property management and accounting responsibilities. By providing these essential services, Bridgeway Foundation plays a crucial behind-the-scenes role in facilitating the work of a network of affiliated organizations, ultimately contributing to the overall success and effectiveness of their programs and initiatives.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$818,308
SERVICE FEES
Revenue
$390,324
Organization Details
Founding Year
1977
Phone
(309) 344-2323
Principal Officer
William Nelson
Main Address
2323 N WINDISH DRIVE, GALESBURG, IL, 61401
If you are a representative of Bridgeway Foundation 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.