Foundation 2 Inc

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

EIN: 421078444 ✦ Cedar rapids, IA ✦ Designated as a 501(c)(3)

Overview

What is Foundation 2 Inc?

Foundation 2 Inc, a Cedar Rapids, Iowa-based nonprofit organization, provides a safe haven and support for youth in crisis. Established in 1970, the agency has grown into a trusted resource for individuals experiencing homelessness, family conflict, or human trafficking. Their primary offering is an emergency youth shelter with 17 beds, which offers safety, counseling, and assistance to young people between the ages of 11 and 17. In addition, Foundation 2 provides in-home supportive services as an alternative to out-of-home placement. Their mission is to help build stronger and healthier families and safer communities by offering counseling, safety, and support during difficult times. In fiscal year 2023, Foundation 2 provided shelter to 125 youth, totaling 3,654 shelter nights, and 84% of these young people returned home or to a safe destination after leaving their care. The organization, with a workforce of 221, is dedicated to positive youth development, suicide prevention, and crisis prevention and intervention programs for people of all ages.


Official website here: www.foundation2.org

Is Foundation 2 Inc legitimate?

Foundation 2 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation 2 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: $568,822
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,623,036

For more financial information, click here


Official website here: www.foundation2.org

What is the mission statement of Foundation 2 Inc?

Foundation 2 Inc is a non-profit human service agency dedicated to providing crisis prevention and intervention programs for individuals of all ages. The organization's grassroots origins stem from a group of volunteers in the 1970s who recognized the need to address mental and emotional health issues that were not being addressed by mainstream providers. Today, Foundation 2 Inc remains committed to building stronger and healthier families and safer communities by offering counseling, safety, and support during difficult times. Their mission is to act as a trusted and compassionate resource for people in crisis. They are deeply involved in positive youth development and suicide prevention efforts, aiming to help individuals navigate through challenging situations. Established over five decades ago, the agency continues to reflect the spirit of helping others in need that initiated its founding.


Official website here: www.foundation2.org

Who is the CEO of Foundation 2 Inc?

Emily Blomme is the Chief Exec. of Foundation 2 Inc.


Official website here: www.foundation2.org

What is the revenue of Foundation 2 Inc?

Foundation 2 Inc's revenue in 2023 was $12,657,777.


Official website here: www.foundation2.org

Who are the executives of Foundation 2 Inc and what are their salaries?

The average compensation at Foundation 2 Inc during 2023 was $23,493. There are 221 employees and 60 volunteers at Foundation 2 Inc.

Here are 20 key members and their salaries:

    Emily Blomme (Chief Exec.)
  • Compensation: $160,592
  • Related: $0
  • Other: $11,295

    • Erin Langdon (Chief Oper.)
  • Compensation: $126,402
  • Related: $0
  • Other: $2,369

    • Matt Heinricy (Chief Fin. O)
  • Compensation: $112,834
  • Related: $0
  • Other: $8,683

    • Katie Curtis (Chief Dev.)
  • Compensation: $102,863
  • Related: $0
  • Other: $3,399

    • Lee Swanson Left 523 (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derrick Willis Left 623 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tiffany Chamberlain Left 623 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Sanders Joined 722 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theresa Blong Joined 722 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Conway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Hellweg (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samantha Mcgrane (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Mullen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Renee Nelson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Ries (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Rozum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nina Sheller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hollie Trenary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Trunnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dale Wirtjes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.foundation2.org

    Where can I find the form 990 for Foundation 2 Inc?

    The Foundation 2 Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.foundation2.org

    Learn more at the official website: www.foundation2.org

    Mission Statement of Foundation 2 Inc

    Foundation 2 Inc, a not-for-profit human service agency, is dedicated to being a trusted and compassionate resource for individuals in crisis. Established in 1970, the organization was founded by a group of college and high school volunteers in Cedar Rapids who recognized the need to address critical mental and emotional health issues that were not being addressed by mainstream providers.

    Today, Foundation 2 Inc continues to uphold its mission of supporting people of all ages through crisis prevention and intervention programs. The agency places a strong emphasis on positive youth development and suicide prevention, and strives to build the foundation for stronger and healthier families and safer communities. By offering counseling, safety, and support during difficult times, Foundation 2 Inc aims to make a significant impact on the lives of those in need.

    Foundation 2 Inc's grassroots spirit of helping others is still at the heart of its mission. The agency's compassionate team works tirelessly to provide essential services, allowing individuals to navigate through their challenges and ultimately rebuild their lives. Through its commitment to positive youth development, suicide prevention, and crisis intervention programs, Foundation 2 Inc continues to be a valuable resource for communities across the country.

    Impact

    This information is meant to be a general summary of Foundation 2 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Foundation 2 Inc serves as a crucial lifeline for individuals and families facing crises in Cedar Rapids, IA. Through their emergency youth shelter program, they provide a safe haven for youth aged 11 to 17 who are dealing with homelessness, family conflict, or human trafficking. By offering counseling, safety, and support, Foundation 2 aims to help these young individuals return home or transition to a secure environment. In addition, their in-home supportive services offer an alternative to out-of-home placement, further promoting family stability and individual well-being.

    In the fiscal year 2023, Foundation 2 provided 3,654 nights of shelter to 125 youth experiencing personal or family crises. Impressively, 84% of the youth who stayed at the shelter successfully returned home or to another safe location following their shelter stay. This highlights the tangible impact and effectiveness of Foundation 2's programs in reuniting and supporting vulnerable youth.

    Overall, Foundation 2 Inc's dedication to crisis prevention, positive youth development, and suicide prevention contributes significantly to building stronger families and safer communities. Through their commitment to being a trusted and compassionate resource during difficult times, Foundation 2 plays a vital role in supporting mental and emotional well-being in Cedar Rapids and beyond.





    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 2023.

  • Investment Income: $74,701
  • Program Service Revenue: $8,538,837
  • Gross Receipts: $12,665,513

    • Assets and Liabilities:
  • Total Assets: $9,236,818
  • Total Liabilities: $405,787
  • Net Assets: $8,831,031
  • Programs

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

    INSURANCE

    Revenue

    $5,914,355

    CONTRACTS

    Revenue

    $2,624,482

    Organization Details

    Founding Year

    1970

    Principal Officer

    Emily Blomme

    Main Address

    1714 JOHNSON AVE NW, CEDAR RAPIDS, IA, 52405

    NTEE Category

    Code: F40 - Mental health

    If you are a representative of Foundation 2 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.