Newman Catholic School System Foundation

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

EIN: 421078829 ✦ Mason city, IA ✦ Designated as a 501(c)(3)

Overview

What is Newman Catholic School System Foundation?

Newman Catholic School System Foundation is a charitable organization situated in Mason City, Iowa, specifically at 2445 - 19th Street SW. Its primary objective is to uphold and advance the mission of Newman Catholic Schools, which is to educate students in the Catholic tradition, fostering a lifestyle that embodies Christ. The foundation utilizes its resources to fund scholarships, incentivize teachers, invest in capital projects, and cover general operational expenses. By doing so, it contributes significantly to the educational growth and development of its students within the Catholic tradition.


Official website here: www.newmancatholicfoundation.com

Is Newman Catholic School System Foundation legitimate?

Newman Catholic School System Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newman Catholic School System 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: $60,536
Professional Fundraising Fees: $296,009
Other Salaries and Wages: $39,150

For more financial information, click here


Official website here: www.newmancatholicfoundation.com

What is the mission statement of Newman Catholic School System Foundation?

The Newman Catholic School System Foundation's mission is to support and promote the mission of Newman Catholic Schools, which is to educate students in the Catholic tradition, inspiring them to live as Christ. This is achieved by providing financial assistance for scholarships, teacher incentive pay, capital expenditures, and general operating expenses. The foundation's primary goal is to uphold and advance the educational values instilled in Newman Catholic Schools.


Official website here: www.newmancatholicfoundation.com

Who is the CEO of Newman Catholic School System Foundation?

Lynn Ptacek is the Director of Newman Catholic School System Foundation.


Official website here: www.newmancatholicfoundation.com

What is the revenue of Newman Catholic School System Foundation?

Newman Catholic School System Foundation's revenue in 2022 was $5,093,794.


Official website here: www.newmancatholicfoundation.com

Who are the executives of Newman Catholic School System Foundation and what are their salaries?

Here are 15 key members and their salaries:

    Lynn Ptacek (Executive Director)
  • Compensation: $60,535
  • Related: $0
  • Other: $0

    • Jeff Gribben (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Geving (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Meyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Archbishop Michael Jackels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Msgr Thomas Toale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelly Schmit (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Castle (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Sheldon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tammy Hrubetz (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Determan (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Anderegg (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Neil Manternach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Hanig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.newmancatholicfoundation.com

    Where can I find the form 990 for Newman Catholic School System Foundation?

    The Newman Catholic School System Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.newmancatholicfoundation.com

    Learn more at the official website: www.newmancatholicfoundation.com

    Mission Statement of Newman Catholic School System Foundation

    The Newman Catholic School System Foundation is devoted to upholding and promoting the mission of Newman Catholic Schools. This mission involves educating students in the Catholic tradition, instilling in them the values to live as Christ. The Foundation's primary objective is to support this mission financially, contributing to scholarships, teacher incentives, capital expenditures, and general operating expenses within the Newman Catholic School System.

    Impact

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




    Saturday, July 20, 2024

    Newman Catholic School System Foundation's impact is significant in supporting and promoting Newman Catholic Schools' mission of educating students in the Catholic tradition to live as Christ. The Foundation provides crucial financial support to the school system for scholarships, teacher incentive pay, capital expenditures, and general operating expenses. By doing so, the Foundation helps ensure that students receive a high-quality education rooted in the values of the Catholic faith. Through its contributions, the Foundation plays a vital role in shaping the lives and futures of students in Mason City, Iowa, 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 2022.

  • Investment Income: $780,468
  • Program Service Revenue: $0
  • Gross Receipts: $6,574,469

    • Assets and Liabilities:
  • Total Assets: $19,812,428
  • Total Liabilities: $103,405
  • Net Assets: $19,709,023
  • Organization Details

    Founding Year

    1977

    Principal Officer

    Lynn Ptacek

    Main Address

    2445 - 19TH STREET SW, MASON CITY, IA, 50401

    NTEE Category

    Code: B25 - Education

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