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Altus Foundation

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

EIN: 452751486 ✦ Houston, TX ✦ Designated as a 501(c)(3)

Overview

What is Altus Foundation?

The Altus Foundation, situated in Houston, Texas, is a nonprofit organization dedicated to charitable, educational, and scientific purposes. Its primary objective is to develop resources for patients in need of healthcare services, utilizing philanthropic support and educational programs for the community. By focusing on charitable and educational distributions, the foundation aims to enhance patient care through Altus Healthcare facilities or services. The organization is staffed by a single individual, demonstrating its commitment to its cause.


Official website here: www.altusfoundation.com

Is Altus Foundation legitimate?

Altus Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Altus 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: $16,272

For more financial information, click here


Official website here: www.altusfoundation.com

What is the mission statement of Altus Foundation?

The Altus Foundation's mission is centered around developing resources for patients in need of healthcare services, leveraging philanthropic support and educational programs. The organization is primarily focused on charitable and educational purposes, with the primary objective of making distributions to serve these needs. The foundation also emphasizes patient and community educational programs as a means to further its charitable objectives. It is organized exclusively for charitable, educational, and scientific purposes.


Official website here: www.altusfoundation.com

Who is the CEO of Altus Foundation?

Taseer Badar is the Chairman of Altus Foundation.


Official website here: www.altusfoundation.com

What is the revenue of Altus Foundation?

Altus Foundation's revenue in 2020 was $665,251.


Official website here: www.altusfoundation.com

Who are the executives of Altus Foundation and what are their salaries?

The average compensation at Altus Foundation during 2020 was $16,272. There are 1 employees at Altus Foundation.

Here are 5 key members and their salaries:

    Taseer Badar (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anil Motwani (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chester Pitts (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gordan Quan (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hamid Razavi (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.altusfoundation.com

    Where can I find the form 990 for Altus Foundation?

    The Altus Foundation’s most recent form 990 was submitted in 2020 and can be accessed here


    Official website here: www.altusfoundation.com

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

    Mission Statement of Altus Foundation

    The Altus Foundation, organized with charitable, educational, and scientific purposes in mind, focuses on developing resources for patients in need of healthcare services. This is achieved through the utilization of philanthropic support and educational programs at Altus healthcare facilities or services. The foundation's primary aim is to distribute funds for charitable and educational purposes, aligning with its mission to serve and support patients in need.

    Impact

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




    Wednesday, July 24, 2024

    Altus Foundation's impact is significant in developing resources for patients in need of services through Altus healthcare facilities and services. They utilize philanthropic support to provide essential care to those who require assistance, focusing on charitable, educational, and scientific purposes. Altus Foundation operates with the primary goal of making distributions for charitable and educational purposes, ultimately benefitting both patients and the 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 2020.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $665,251

    • Assets and Liabilities:
  • Total Assets: $603,579
  • Total Liabilities: $23,845
  • Net Assets: $579,734
  • Organization Details

    Founding Year

    2011

    Principal Officer

    Taseer Badar

    Main Address

    1535 W LOOP SOUTH 450, HOUSTON, TX, 77027

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of Altus 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.